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  • Gangyuan Company and Panasonic Group Suzhou Company launched in-depth cooperation
    Gangyuan Company and Panasonic Group Suzhou Company launched in-depth cooperation
    • June 28, 2022

    On June 15, 2022, Kazuhiko Hayashi, Managing Director of Panasonic Group Suzhou Company, personally led a group of five people from the R&D and purchasing departments to visit Gangyuan Wenzhou Company. During the meeting, both parties introduced the company's situation and the implementation plan of project cooperation. Minister Guo, the head of the R&D department, introduced the key technologies and R&D capabilities of Gangyuan in this field to the head of Panasonic, and received the approval from the Japanese side of Panasonic. The approval of the technical director. Finally, the two parties reached a consensus on the technical framework and promotion plan of the project. It has laid a solid foundation for the smooth implementation of the project. After the meeting, Jason Sheng, general manager of Gangyuan Company, and Fu Kaijun, deputy general manager of Gangyuan Company, accompanied the guests of Panasonic Company to visit the site of the manufacturing plant, and the two sides took a group photo together. Kazuhiko Hayashi, General Manager of Panasonic Group Suzhou Company (fourth from right) Jason Sheng, General Manager of Gangyuan Company (fifth from right)

  • May Day Holiday Notice
    May Day Holiday Notice
    • April 29, 2022

    Dear Customer: According to the Regulation of National and the company production schedule, the 2022 May day holiday will happen as: The holiday for Labor Day will be 4 days from May1 to May 4, and back to work on May 5(Thursday). If you have any needs during the period, you can leave a message at any time, we will reply as soon as possible after the holiday Have a nice Labor day! The origin of May Day International Labor Day, also known as International Workers' Day or May Day, is a national holiday in more than 80 countries around the world. Set on May 1st of each year. It is a festival shared by working people all over the world. In July 1889, the Second International, led by Engels, held a congress in Paris. The meeting passed a resolution stipulating that the international laborers would hold a parade on May 1, 1890, and decided to designate May 1 as International Labor Day. The Government Affairs Council of the Central People's Government made a decision in December 1949 to determine May 1 as Labor Day. This section originated from the workers' strike in Chicago, USA. On May 1, 1886, more than 200,000 workers in Chicago held a general strike for the implementation of the eight-hour workday. After a hard and bloody struggle, they finally won. Chinese May Day Customs Every year on this day, the whole country celebrates. People put on festive costumes, gathered happily in parks, theaters, squares, participated in various celebration gatherings or cultural and recreational activities, and commended laborers who have made outstanding contributions. After 1989, the State Council has basically commended national model workers and advanced workers every five years, with about 3,000 people being awarded each time.

  • Merry Christmas
    Merry Christmas
    • December 20, 2021

    Short introduction At Christmas, the Orthodox Church calls the Nativity Day, which is a Christian holiday to commemorate the birth of Jesus. The church usually sets this holiday on December 25th. It is an important holiday in the Christian liturgical calendar. Some denominations will prepare for it through Advent and Christmas Eve, and continue to celebrate with eight-day celebrations and liturgical festivals. Christmas is also a public holiday in many countries and regions, especially in Western countries and other areas where Christian culture is the mainstream; in occasions outside the church, Christmas has been transformed into a folk holiday. It is often referred to as the "Christmas and New Year Season" together with the Gregorian New Year with a similar date. Habit 1: The British must eat turkey on Christmas Day 2: Americans love to eat polenta during Christmas 3: Africans especially like to eat meat at Christmas, all kinds of meat are fine. 4: Germans have a special delicacy called lebkuchen at Christmas 5: Finns must drink a wine called Golgi at Christmas. 6: The French have their own special delicacy called Trunk Cake at Christmas 7: Europeans and Americans must eat almond pudding on Christmas Day. Gift culture 1: North America Like to give Christmas trees or chocolates 2: Japan and South Korea Whether it’s Christmas or New Year gifts, brand clothing is generally given 3: Germany Christmas or New Year is almost a gift of perfume 4: Russia Christmas or New Year’s gifts generally are: Liquor = for men Chocolate = for women 5: France Christmas or New Year’s usually give a watch 6: United Kingdom UK Whether it is Christmas or New Year, it is generally to send family or relatives and friends a famous tea or famous wine. Even if the world is far away, it is difficult to block our friendship and warmth. Let the words bring the blessings and thoughts of Gangyuan. Gangyuan wishes you all happiness forever! Happy and safe! Merry Christmas!

  • The Butterfly Effect Leads to Price Increases in Ocean Shipping and Global Import Price.
    The Butterfly Effect Leads to Price Increases in Ocean Shipping and Global Import Price.
    • November 24, 2021

    According to a report from the United Nations Conference on Trade and Development (UNCTAD), the surge in global container freight rates may increase global consumer prices by 1.5% next year and import prices by more than 10%. China's consumer prices may rise by 1.4 percentage points as a result, and industrial production may be dragged down by 0.2 percentage points. UNCTAD Secretary-General Rebeca Grynspan said: “Before ocean shipping operations return to normal, the current surge in freight rates will have a profound impact on trade and undermine the socio-economic recovery, especially in developing countries.” Global import prices have risen by nearly 11%, and price levels have risen by 1.5%. After the COVID-19 pandemic, the global economy has gradually recovered, and shipping demand has surged, but shipping capacity has never been able to return to the pre-epidemic level. This contradiction has led to soaring ocean shipping costs this year. For example, in June 2020, the spot price of the Container Freight Index (SCFI) on the Shanghai-Europe route was less than US$1,000/TEU. By the end of 2020, it had jumped to about US$4,000/TEU, and had soared to US$7,395 by the end of July 2021. . In addition, shippers also face shipping delays, surcharges and other costs. The UN report stated: "The UNCTAD analysis shows that from now to 2023, if container freight rates continue to soar, the global import product price level will rise by 10.6%, and the consumer price level will rise by 1.5%." The impact of soaring shipping costs on different countries is different. Generally speaking, the smaller the country and the higher the proportion of imports in the economy, the more affected countries are naturally. Small Island Developing States (SIDS) will be the most affected, and the soaring cost of shipping will increase consumer prices by 7.5 percentage points. Consumer prices in landlocked developing countries (LLDC) may rise by 0.6%. In the least developed countries (LDC), consumer price levels may rise by 2.2%. Supply chain crisis The most deserted Thanksgiving in history, supermarkets restrict the purchase of daily necessities: the timing is close to the two major shopping holidays of Thanksgiving and Christmas in the United States. However, many shelves in the United States are simply not full. Ferment. The bottleneck of the global supply chain continues to affect US ports, highways and rail transportation. The White House even frankly said that in the 2021 holiday shopping season, consumers will face more serious shortages. Some companies have recently issued a series of pessimistic speculations, and the influence continues to expand. Port congestion on the West Coast is serious, and it takes one month for cargo ships to unload: The cargo ships lined up on the west coast of North America can take up to one month to dock and unload. Various consumer products such as toys, clothing, electrical appliances, etc. are out of stock. In fact, the port congestion ...

  • Important reasons affecting order delivery and prices this year
    Important reasons affecting order delivery and prices this year
    • November 08, 2021

    RMB appreciation Since the beginning of this year, the renminbi has overcome a series of risks and has consistently ranked first among Asian currencies, and there is little sign that it will soon decline. The continuous growth of exports, the surge in bond inflows, and attractive returns from arbitrage transactions indicate that the renminbi will appreciate further. Scotiabank's foreign exchange strategist Gao Qi said that if further progress is made in the Sino-US negotiations, the RMB exchange rate against the US dollar may climb to 6.20, which is the level before the devaluation of the RMB in 2015. Although China's economic growth slowed during the quarter, exports remained strong. Shipments in September soared to a new monthly record. Raw material price increase Behind the appreciation of the renminbi, commodity prices are also skyrocketing, and the manufacturing industry is miserable; behind the high shipments, it is the production of Chinese factories regardless of cost. According to data released by the National Bureau of Statistics, PPI in September this year increased by 10.7% year-on-year. PPI is the average price at which companies buy raw materials, such as copper, coal, iron ore, and so on. This means that the factory spent 10.7% more on raw materials in September this year than in September last year. The main raw material of electronic components is copper. In 2019 before the epidemic, the price of copper remained between 45,000 yuan and 51,000 yuan per ton, and the trend was relatively stable. However, starting from November 2020, copper prices have been rising, reaching a new high of 78,000 yuan per ton in May 2021, an increase of more than 80% year-on-year. Now it has been fluctuating at a high level in the range of 66,000 yuan to 76,000 yuan. The headache is that the price of raw materials is rising fiercely, but the price of electronic components has not been able to increase simultaneously. Large factories have curtailed power, and production capacity has fallen sharply Perhaps you have noticed that the recent “dual control of energy consumption” policy of the Chinese government has had a certain impact on the production capacity of some manufacturing companies, and the delivery of orders in some industries has to be delayed. In addition, the China Ministry of Ecology and Environment has issued the draft of "2021-2022 Autumn and Winter Action Plan for Air Pollution Management" in September. This autumn and winter (from October 1, 2021 to March 31, 2022), the production capacity in some industries may be further restricted. To mitigate the impact of these restrictions, we recommend that you place an order as soon as possible. We will arrange production in advance to ensure that your order can be delivered on time. If you have any questions, please contact us and we will respond to you as soon as possible.

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