On the afternoon of February 19th, the Conference on High Quality Development of Private Economy and Promotion of Ten Key Industrial Chains in Jinhua City was held at the Municipal Cultural Center. About 1000 representatives from relevant departments, key industrial towns (streets, economic development zones), and other major leaders and enterprises in the city attended the conference.
At the meeting, Zhu Zhonglie, the Secretary of the Municipal Party Committee, gave an important work report and made a new year's deployment for the city's work. He expressed his message to all enterprises in the city to once again usher in a new wave of high-quality development and create new brilliance in high-quality development, with the slogan "achievements inspire people, and struggle is at the right time".
Chairman Xu Buyun, as one of the representatives of industrial enterprises, delivered a report to the conference titled "Let the old trees of characteristic traditional industries sprout new shoots" and Buyang walk a new path of development from manufacturing to intelligent manufacturing.
In the past year of 2023, Buyang Group has not been afraid of wind and rain, faced challenges head-on, and overcome difficulties. It has not been easy, but it has been very solid. Under the combined influence of multiple unfavorable factors such as sluggish consumption, industry competition, weak social expectations, and blockages in the domestic circulation, Buyang has taken new steps in development by relying on deep cultivation and forward-looking deployment in the physical manufacturing industry, relying on a trusted brand in the market, reliable quality for users, and solid and reliable supply chain management. The annual output value of series products such as smart door locks and automotive aluminum wheels reached 5 billion yuan, and the national tax payment in 2023 was 800 million yuan, Yongkang has won the tax championship for five consecutive years.
Chairman Xu Buyun stated that the hardware industry is a characteristic traditional industry of Jinhua. As an old established traditional enterprise, there have been sighs of being underestimated and concerns about becoming an excess industry. But the people of Buyang have always believed that there are only sunset enterprises and no sunset industry; There are only backward links, no backward industries.
Faced with the important juncture of transforming the economic development mode, optimizing the economic structure, and transforming the growth momentum, Buyang will take digital transformation and intelligent transformation as the fundamental way out for the development of the manufacturing industry.
We will adhere to digital empowerment and use solid internal skills to reduce costs and improve efficiency. Persist in creating future factories to lead the new "smart manufacturing", drive the transformation of production methods and enterprise forms with data, continuously promote the intelligent, green, lean, people-oriented, and high-end upgrading of production and operation, improve the efficiency of industrial chain collaboration and the level of supply chain collaboration, consolidate the leading position in the industry demonstration, lead model innovation and the development of emerging formats, and establish the regional brand of "China's Gateway".
We will adhere to the leadership of science and technology innovation, and win the market with ultimate products. Gradually expanding the proportion and market share of intelligent door locks in segmented fields, expanding into high-tech and high value-added intelligent customized door lock fields, increasing efforts to adjust product structure, avoiding homogenization, creating differentiation, meeting personalization, accelerating the formation of more core technologies and patents, meeting market demands at all levels and industries, and truly establishing a corporate image of "using Buyang, I am at ease" in the minds of consumers.
We will persist in passing on the torch and enhance our development hard power through cultural soft power. This year is the 32nd year of development for Buyang, and the "440000 spirit" of Zhejiang merchants is the spirit and sentiment that every Buyang person upholds. Embarking on a new journey, Buyang will continue to carry forward and inherit the "440000 spirit", striving to advance in practical work, catching up in progress, and breaking through in catching up.
On a journey of thousands of miles, the wind is strong, and the heavy responsibility of a thousand miles is set sail again. In 2024, Buyang will adhere to its values, become a growth oriented enterprise with warmth, emotion, and a sense of mission, and contribute its strength to promoting the intelligent upgrading of traditional manufacturing and building a modern industrial system.