TG HUANAN GLASS CO.,LTD
With an international macro concept, a sound operating strategy, and a sound financial foundation, Taiwan Glass has created outstanding performance.
TG HUANAN GLASS CO.,LTD In 2017, benefited from the continued recovery and growth of the global economy and other effects, the momentum of international trade has increased. It is expected that the economic performance in 2018 is expected to maintain a steady growth trend, but there is still a risk of uncertainty, including the butterfly effect of the Sino-US trade conflict , U.S. Federal Reserve interest rate hikes, the trend of the New Taiwan dollar exchange rate, and the continuous macro-control of mainland China all require the government and enterprises to respond cautiously. As far as Taiwan Glass itself is concerned, in 2017, both sides of the Taiwan Strait benefited from multiple developments. With the efforts of various business units, Taiwan and mainland management teams and all colleagues to achieve a performance recovery, the group's consolidated turnover was 44.8 billion yuan and the pre-tax net profit reached 2.39 billion yuan. The pre-tax profit rate is 5.3%, and the following reports are made on each business content.
Regarding flat glass, the Taiwan market is stable in production and sales, and will continue to strengthen training of professionals, update automation technology and equipment, and focus on the sales of high-end building materials such as Low-E energy-saving glass and excellent white glass to increase the added value of products. With regard to the new material of micro-thin glass, the yield rate of 0.33mm thick glass has increased and it has been successively supplied to the mainland and American markets. At the same time, in response to the trend of lighter and thinner electronic protective covers and glass protective stickers, we actively develop products with thicknesses of 0.28mm and 0.25mm. Separate competition patterns and enhance product value and competitiveness.
Product development and innovation
Win the recognition and trust of partners
Regarding the mainland business unit, mainland China continues to promote supply-side structural reforms, and its economic development is turned to high-quality and domestic demand-oriented development, with the goal of building a moderately prosperous society in an all-round way, and through strict enforcement of environmental protection and other laws and regulations to eliminate outdated production capacity and promote the industry Supply and demand are back on track. All Taiwan Glass plants in Mainland China follow corporate governance and environmental protection standards, and continuously invest in environmental protection expenditures every year, implement various risk management and control to respond to rapid changes in policies and regulations, make full use of the group's layout to flexibly allocate production capacity and inventory, and reduce the possibility of risk events. And loss. In the fiber business, the technology and quality of Taiwan Glass fiberglass products have always been the company's core competitiveness. Among them, the production capacity of electronic-grade glass fiber cloth accounts for 16% of the world. As the upstream raw material of printed circuit boards (PCB), it has successfully developed leading Global technology products are in line with emerging industry applications such as advanced mobile devices, automotive electronics, and the Internet of Technology, and continue to follow market trends to supply high-end customer products.
TG HUANAN GLASS CO.,LTD
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Taiying industrial Park ,Hongmei Town ,Dongguan ,Guangdong ,China.
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