Core Viewpoint - The company, Kingfa Technology, emphasizes both tradition and innovation in its operations, aiming to become a world-class brand with a revenue target of over 60 billion yuan by 2024, having grown from a small room in 1993 to significant revenue milestones over the years [19][20]. Innovation and Product Development - Kingfa Technology has developed a lightweight battery pack solution that reduces the weight of electric vehicles by 30% and increases their range by 10%, showcasing its strong innovation capabilities in modified plastics [20][21]. - The company has invested over 20 billion yuan in R&D over the past 30 years, holding more than 6,800 patents, and has expanded its product range to include special engineering plastics and biodegradable materials [21][22]. Business Strategy and Market Position - The company focuses on deepening its core business in modified plastics while expanding both upstream and downstream in the supply chain, enhancing its competitive edge [22][23]. - Kingfa Technology has established a dual-driven business model that integrates marketing and technology, allowing for rapid response to customer needs and market demands [21][22]. Global Expansion and Localization - The company has built a global manufacturing and service network, establishing production bases in various countries, and emphasizes the importance of local talent and partnerships with Fortune 500 companies for successful international operations [24][25]. - In 2024, Kingfa Technology's overseas product sales are projected to reach 233,500 tons, reflecting a year-on-year growth of 29.51% [25].
“塑”造未来!金发科技以定力谋突破