On July 1, with the theme of "high-quality, sustainable globalization," the semi-annual conference of Tederic Machinery Co., Ltd. was successfully held at Tederic headquarters in China. The meeting summarized the key business work in the first half of 2023, interpreted and shared business strategies, strategic products, channel development, and markets, and arranged and deployed key work in the second half of 2023. Tederic Chairman Zheng Jianguo attended and delivered an important speech; the company's senior management personnel, team leaders, and other relevant personnel attended the meeting.
At the meeting, COO Mr. Ren made Tederic's semi-annual work summary report for 2023. Mr. Ren analyzed and summarized the completion of the six key work segments of marketing, research and development, quality, delivery, human resources, and safety, put forward constructive suggestions for existing problems and difficulties, clarified the sales target for the second half of 2023, unified consensus and firmly believed in the target.
In the first half of 2023, in the face of unstable factors in the external environment, such as weak global economic recovery, geopolitical tensions, and the spread of anti-globalization trends, Tederic achieved breakthroughs in industry application, product research and development, technological innovation, and global development layout under the guidance of the "high-quality, sustainable, and global" strategy.
In terms of industrial applications, Tederic focuses on providing a wealth of complex injection molding technology and application solutions for EV headlights and automotive lighting systems and has become a global leader in injection molding solutions in the EV industry. In the application fields of logistics, building materials, medical, packaging, and other sectors, Tederic relies on an intelligent injection molding solution database and is still the most trusted partner of global users.
In terms of product research and development, in the face of the scarcity of global large-tonnage multi-material injection molding machine products, Tederic took the lead in replacing the research and development of imported injection molding machines with the largest number of stations in the world and the shipping volume of injection molding machines ranked first in the world, becoming the most solid force in global automotive injection molding production.
In terms of technological innovation, Tederic adheres to the "best-selling, reserve, research and development" and has 138 intellectual property rights. At present, the level of technological innovation has been comprehensively benchmarked against European and Japanese head brands and has won several key technologies to break through the "jam neck" and fill the Chinese gap.
In response to the global development strategy, Mr. Sun, CMO, pointed out that Tederic has completed the global production capacity layout to support the next 5 billion. In the future, we will stick to taking root in China, go to the world, and further improve the global research and development, brand, manufacturing, marketing, and service system. Next, Tederic will also strengthen the blank market's development and channel partners' development to provide users with a rapid response to intelligent injection molding solutions service experience.
At the end of the meeting, Chairman Mr. Zheng made an important speech. He conducted a comprehensive review and summary of the work in the first half of 2023, affirming the achievements and highlights of the past. He said we should strengthen our confidence, make persistent efforts and increase our energy. Seize the market opportunities at home and abroad, continue to deepen in the target industry, improve the strength of product research and development and innovation, accelerate the process of domestic substitution for imports, and achieve domestic disruption!
Twenty years, just a moment in the long river of history, but it is so magnificent. In the new journey, Tederic will not forget the original intention and continue to increase product innovation. Tederic's manufacturing, technology, and culture are rooted in every corner of the world, the high-quality "China plastic machine products" to the world!