The Ninth Term: Excellent projects investment in distinct locations salon held in Yan Cheng, Jiang Su

Pic 1:　Interaction and communication between the entrepreneurs of Yan Cheng Jiang Su and Zhejiang merchants

Pic 2:　in the salon

On the 5th, June, our association organized a group of entrepreneurs and investors to do some investment and review research in Yan Cheng, on the basis of getting down to the bone of the local excellent projects, the entrepreneur members of the research group and the local entrepreneurs have made an active and interesting investment and financing communication salon.

Because the massive research and study have been carried out on Fei Chi Holding, Wei Ci Technology, Bright Group, Veectory Group, Zhong Lian Fa Electronics etc. before this meeting, and the first-handed materials can be gained through visiting the enterprises, the communication between the both sides has been achieved more easily and fluently.

It sounds very coincident that, we have met several Zhejiang merchants in the above companies, such as Chairman Chen of Wei Ci Technology whose hometown is Yiwu, General Manager Wang of Zhong Lian Fa who comes from Jin Hua. It turns out to be very natural that more and more topics have been emerged and warmly discussed when the townfellows with the identity of entrepreneur gathered together.

Fei Ci Holding has been entitled as a “Professional Small Giant”, “Tyre Industry Exhibition Museum”, with a complete products’ line. As one of the top local enterprises in Yan Cheng, it owns abundant advantages, as well as several weaknesses. From the perspective of investment institute, single product’s production quantity has been restrained just because of the long products line, thus each industry market space is limited too. The investor suggests that, the main products have occupied most of the market meanwhile Fei Ci Holding has to be a leader of speical tyre industry and an invisible champion, so as to improve the company’s value quickly and effectively.

Dual-use sensor for civil-military integration from Wei Ci Technology contains a high technology content, which has won a national defense patent and reached or even exceeded the current international technology level, also can be applied on a wide range. If its certain quantity can be achieved, it can take the place of the imported products totally. And the global annual market value will be reached to 180billion Yuan. After this meeting and communication, Chairman Ye of Zhejiang Hua Er Da Automobile Air-Condition who favors this project, has made a promise that his company could be capable of purchasing this type of products from Wei Ci.

The interaction climax from the both sides’ entrepreneurs communication and discussion in the meeting has been occurred now and then, full of quick wisdom. Some issues are very sensitive and sharp, and the relevant replies turn to be very tricky and sophisticated. That’s why this solan has to be extended to two hours instead of the originally-planned one and half hours, and also the time after dinner has been occupied to the further discussion.

In this salon, both sides have gained a further cognition to those excellent projects located outside of Zhejiang, and also hoped to find some projects better than the local through the introduction of our association, so as to help the A-level domestic enterprises develop more quickly and stronger till the aim of IPO realized.