On the afternoon of March 12, led by Zhu Minyang, standing member of Wuxi municipal party committee and secretary of Jiangyin municipal party committee,  party-government delegation of Jiangyin city, that is, about 110 people, went to Guangbo to inspect and study. Wang Liping, President of the Group, received and accompanied them kindly.

In the company’s sample center, President Wang Liping introduced the survey of Guangbo to party-government delegation of Jiangyin city in detail. President Wang Liping said, “Started from July, 2005, the government adjusted RMB exchange rate from 8.27 to 7.18 at present. Export drawback reduced generally from the average tax rate of 15% to 5%. Restriction of elements like environmental land resources constraction and so on becomes worse. All these changes urge enterprises, especially private enterprises to fully realize the importance and necessity of innovation in the constantly developing process. Enterprise development should put innovation at the first place.”

In order to cope with this trend effectively, Guangbo constantly adjusts industrial structure, works hard to realize the developing road of both specialization and diversification, increases light industry stationery’s large-scale and diversified development. Insist on technical innovation as forerunner, increase high-tech industry and investment trade development, develop digital electronics (for example, 5 mega-pixel HDTV DV, palm mobile digital visual TV, digital frame, multifunctional GPS vehicle satellite navigation system, back a ca radar system and so on) and new nanometer material ( such as, nanometer nickel powder, nanometer copper powder, nanometer compound, and so on. Besides, in preparation of nanometer metal powder by using physical vapor, liquid phase separation technology and UHT conductive technology, gained special prize of science & technology innovation. The preparation of midohm alloy nanometer powder by using physical vapor gained the nation invention patent prize and successfully filled up the blank of this technology project and process in domestic market) these industries, gradually form productivity scale, work hard to achieve the target of employees reduced by 15% and productivity increased by 15 to 20%.

Innovation is the soul of enterprise development. In recent years, through investment and trade, the company has combines various kinds of resources. With the implementation of recruitment and investment project, it has adjusted products’ differential competition, lifted products’ quality, greatly improved company’s premium ability, effectively defused some unfavorable effects brought by the appreciation of RMB exchange rate and export rebates.

Secretary Zhu affirmed fully and spoke highly of Guangbo’s innovative leaped development, and said, “This visiting and communication activity plays a very favorable promoting effect in the development of all enterprises in Jiangyin city, in the hope of strengthening communication and learning of two sides.”