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Golden Bridge Welding Materials Co sets big revenue target

etaizhou.gov.cn|Updated: December 31, 2023

Manufacturer Jiangsu Golden Bridge Welding Materials Technology Co Ltd – based in the Hailing district of Taizhou city, in East China's Jiangsu province – has set itself the goal of growing its revenue to over 1 billion yuan ($139.47 million) by 2025.

Focusing on the research and development, production, sales and service of high-end stainless-steel materials, the company launched the construction of an intelligent production plant for special welding materials in 2021.

"After moving into the new production base, the company's industrial layout and personnel configuration have ranked it first in its segmented field, with a domestic market share topping 35 percent," said Wang Lei, the deputy general manager.

Wang added that the next 3-5 years would be the company's most dynamic and high-speed development stage.

Moreover, the group has built the first national 5G factory in Hailing district, improving its refined management and production efficiency. By utilizing 5G internet informatization construction and data connectivity between various business modules, it's achieved supply chain management collaboration and manufacturing resource collaboration.

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An industrial robot swings into action at Jiangsu Golden Bridge Welding Materials Technology's 5G factory. [Photo/WeChat account: weihailing0523]

Looking ahead, plans are for the company to expand into overseas markets, further increase market share and achieve foreign trade exports worth 100 million yuan in 2024.

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