Small private factory in C China's Henan eyes big overseas market under B&R
Xinxiang Simo Blower Co., Ltd, a small private factory in central China's Henan Province, has achieved big development in exploring overseas market, especially after the Belt and Road Initiative was proposed.
Photo: Factory building of Xinxiang Simo Blower Co., Ltd in Xinxiang City, central China's Henan Province
BEIJING, Sept. 21 (Xinhua) -- Xinxiang Simo Blower Co., Ltd, a small private factory in central China's Henan Province, has achieved big development in exploring overseas market, especially after the Belt and Road Initiative was proposed.
"If there was no Belt and Road Initiative, the company would not have achieved such progress today", said Sun Jiao, general manager of the Xinxiang Simo Blower.
In recent years, the factory, with only 300 employees, kept increasing its investment in scientific research and quickening the pace to expand the international market.
Its centrifugal fans and axial flow fans have been exported to more than 50 countries and regions around the world, with the annual export volume standing at more than 20 million yuan (about 2.92 million U.S. dollars), accounting for 30 percent of the company's total sales, according to Sun.
To achieve better development, the company will further integrate external resources, with the help of the professional information consulting organizations, increase research on the fan markets along the Belt and Road routes and expand the Spanish, Russian and Portuguese markets, said Sun.
It is reported that Xinxiang Simo Blower can produce 25,000 sets of fan products annually. (Edited by Hu Pingchao, firstname.lastname@example.org)