Tech-Long leads beverage packaging machinery
Driven by the rapid development of the global beverage industry, Guangzhou Tech-Long Packaging Machinery Co., Ltd. achieved revenue of 354 million yuan in 2007 and net profit of 30.8773 million yuan, an increase of 39.74% and 22.05% year-on-year respectively.
Tech-Long has been playing the role of boss in the beverage packaging machinery industry in China. At present, it is mainly engaged in the R&D, production and sales of beverage packaging machinery. The main products are filling production lines, blowing machines, and secondary packaging equipment. These equipments are the core equipment needed by beverage manufacturers.
In 2007, the company’s share and sales in domestic and foreign markets further expanded. Among them, the company’s market share in the field of beverage packaging machinery continues to rank first in the country. At the same time, the overseas market has been successfully developed and has provided products and services to customers in more than 40 countries and regions around the world. The annual overseas business achieved sales of 116 million yuan, an increase of 138.07% over the same period of last year. The proportion of revenue derived from branded customers to total operating revenue for the year was significantly higher than that of 2006, and the customer structure continued to be optimized. Tech-Long's own design and manufacture of blow moulding machines with a maximum capacity of 1 cavity (article: China Wine News, China Wine News Network) of 800 bottles/hour has reached the world's highest production level. In addition, breakthroughs were made in the research and development of the beer filling production line, prototypes were prototyped, and the company's self-developed blowing, filling, and capping machines were introduced to the market.
At present, the domestic level of beverage packaging machinery products is pagoda-shaped, and the bottom is a large number of low-level, low-end products that are repeatedly produced. The middle-end products are more imitation, less innovation, less technical content, and fewer companies can produce high-end products. At present, the products produced by domestic companies with international advanced level are still less than 10% of the total amount.
Tech-Long has the largest market share in the field of beverage packaging machinery for several years in a row. The company's fully-automated high-speed PET bottle blowing machines and PET bottle filling lines have the highest market share in the same industry in China and have transnational The company’s imported products have produced a certain substitute effect. It is estimated that in 2008, the effective contract amount (including tax) budget will exceed 600 million yuan, and the operating income (excluding tax) budget will reach 442 million yuan, an increase of about 25% from 2007. The total profit budget was 48.26 million yuan, which was about 25% higher than that in 2007.
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