ZHEJIANG HOLLEY INTERNATIONAL CO.,LTD. |
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| Zhejiang Holley International Co., Ltd., a subsidiary of Holley Holding Ltd. (“Holley Groupâ€), specializes in the fields of design, manufacture and sale of LV to HV electric products and equipment like metering and system, circuit breaker, AC contactor, transformer, insulator, lightning arrester, dropout fuse cutout, transmission line fitting/hardware, medical and health care products, chemical products, etc. Since founding in 1992, the company develops fast. Taking hundreds of factories held by Holley Group as its production bases, the company exports its products all over the world and becomes a key foreign trade company in Zhejiang Province. The total sales value of the company in 2003 has reached US$85 million. In 2001, the company set up Holley Group Electric Co., Ltd in Thailand with the investment of US$ 1 million. In April 2003, the company founded Shanghai Huazhe International Trade Co., Ltd with the investment of RMB3 million. In July 2003, with the investment of US$ 0.3 million, the company established a company in Nigeria. In November 2003, the company invested in Argentina together with the local company IATE a corporation named Holley Energy S.A. In March 2004, Chianjiang Co., Ltd, another branch in Thailand was founded. During over 10 years' development, the company has evolved a mission of “promoting the community well-being and fulfilling the value of lifeâ€. In the future, the company will continue to implement Holley’s strategy of internationalization and make efforts to become one of the world’s top trading companies with international competitiveness. 2. Profile of Holley: Holley is a trans-regional and export-oriented group, which integrates with research, development, production and sales of electrical instruments. With 30-year history of production in electricity meters and the capability to produce more than 30 kinds and 200 types of electricity meters for civil and industrial use, it has become the largest metering manufacturer in the world. The annual capability of “HOLLEY†brand electricity meters has reached 23 million pieces with 40% domestic market share. Holley has been granted “the products satisfied by national userâ€, and the “famous brand†of Zhejiang Province and Chongqing Municipality. After passing the ISO-9001 international quality certificate in 1997, the quality management system also smoothly passed the review and updating of ISO9001:2000 version international quality certification. Every year Holley invests about 3% of the annual sales revenue in the research and development of new products and new technologies, and has established 7 R&D centers, such as the Mechanical Meters Research Center, the Electrical Research Center, the information Engineering Research Center, etc. Holley has formulated the technological innovation strategy focusing on the market demands. Through the accumulation in long term, Holley has possessed its own intellectual property. Till now, we have applied 41 item patents about the manufacture of electricity meters. 3. Development Strategies: In the 21st century, Holley will continue to implement its three main strategies; technological innovation, capital operation, and internationalization. Our goals are to achieve sales of RMB 30 billion by 2010, to develop into an internationally competitive corporation and to become the world's top manufacturer of electricity equipment. Ø Technological Innovation Strategy: Continuous innovation is the driving force of Holley's continuous development. The company's technological development system has self-learning and self-adaptation characteristics. Market oriented strategies were adopted in esteem of new product development. In addition, Holley's subsidiaries set up their own technological development and support systems based on their industries' features. In addition to innovation, Holley cooperates extensively with many domestic as well as international technological institutions and enterprises that focus on technological development, which helps Holley to gain advantage in th |
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