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Continuing to promote the localization strategy The localization strategy is a well-established strategy for the development of the China market by Wal-Mart. Whether it is Walka's establishment of the earliest Fluoroplastics Co., Ltd. in China 10 years ago or the subsequent establishment of seals products Co., Ltd. and The trading companies all reflect the localization strategy for serving the Chinese market.
Luo Mingde introduced that on the one hand, Wal-Mart has increased the use of local talent in China; on the other hand, employees from Japan are required to be able to understand Chinese within six months and no longer need to be translated after one year. In addition, we use local materials as much as possible and work closely with Chinese companies. The fastest-growing Chinese market is now an intermediate product. Like a triangle, the spire product has the highest technological content and the best performance. It mainly supplies the high-end market, but the market volume is small; the bottom part of the product has low requirements for raw materials. The content is also low, and the competition is fiercest. For example, there are only 1,000 companies that originally engaged in the production of sealed products in Yangzhong City in China. After a few years of elimination, there are less than 300 left; the middle portion is for raw materials and technology. There are certain requirements, but not to "high and low", and this part of the product market has a long period of development, its application is the most guaranteed.
It is based on this understanding that in recent years, Wal-Mart Group has maintained close contact with China's Dongyue Group, Chenguang Company, Shanghai Sanaifu and other fluororesin companies, and has applied analysis after purchasing raw materials from these companies, and then feedback on improvement suggestions. An important research and development content of the Fluorine Plastics Research Institute established by the company last year was the surface modification work of fluororesin in order to apply domestic raw materials as soon as possible to introduce various types of intermediate products, and to introduce special products suitable for the Chinese market.
Undertaking Corporate Responsibility to Give Back to the Society At the ceremony, the top management of the Walka Group conveyed the message that foreign companies that have made money in China must give back to society. Luo Mingde said that in recent years, with the continuous increase of foreign-funded enterprises, the rapid development of China's economy has led to an increase in the purchasing power of the community. At the same time, there has also been an imbalance in regional development. The development of poverty-stricken areas requires the government to use considerable financial resources to support it. Therefore, it understands the government's reasonable tax increase, and only the harmonious progress of the enterprise and society can achieve common development.
Two years ago, Walka teamed up with the China Petroleum and Chemical Industry Association to hold a technical workshop on fluoroplastics and seals in Shanghai, followed by a rubber materials and sealing technology seminar in Tianjin, and training for related companies in China. Talent, praised by the industry. In the future, Walka will continue to hold technical workshops and exchange activities to contribute to the advancement of the industry's technological advancement. At the same time, it will also hold a fluoroplastics school and train Chinese technical talents. This is also the initiative of Walka to give back to Chinese society. one.
Stepping up the development of asbestos substitutes For the recent incident of “asbestos cancer†in Japan, Romdeud talked about his views. With the development of economy and advancement of technology, the concern for environmental health has become a trend. Improper application of some asbestos products will cause harm to the human body. As early as the 1980s, it was recognized by European, American and other countries. As a result, these countries have restricted and banned asbestos at that time. During this period, Japan did not prohibit the application of asbestos. In order to meet the needs of the market, related companies are still producing asbestos products.
The recent incident involving “asbestos damage†in Japan has caused the attention of the Walka Group. With the attitude of being responsible to the society and customers, the Walka Group will make corresponding adjustments to its products and will no longer produce asbestos seals. . At present, the company is stepping up efforts to research and develop asbestos substitutes. In some respects, substitutes such as fluorine plastics and glass fiber can replace asbestos. Although the effect is still difficult to fully satisfy, Wal-Mart is confident that it will be able to introduce conformity as soon as possible through technological innovation. Non-asbestos sealing products needed in the Chinese market.
Promoting Localization Strategy and Realizing Common Development———————————————————————————————————————————————————————————————â€
As a pioneer in sealing engineering and highly praised by the industry, the Japanese Walka Group, Wal-Mart Fluoroplastic Products Co., Ltd. established in Shanghai, China, has gone through a 10-year history. At the just-launched 10th anniversary celebration, Luo Mingde, head of the China Business Department of the Walka Group, stated that the rapid development of the Chinese economy has brought many market opportunities for foreign companies including the Wal-Mart Group. Walka had listed China as an important market a few years ago and implemented a localization strategy. In the new stage of development, Walka will continue to uphold the concept of giving back to society, further promote China's localization strategy, enrich the R&D system, focus on technological innovation, strengthen cooperation with the industry, and seek common development.