As the largest manufacturer of fiber optic active connectors in China, Sifang Communications has developed into an innovative optical communication product manufacturing enterprise and provincial high-tech enterprise with optical fiber connectors as the leading product after more than 10 years of arduous pioneering and pioneering. It is reported that in the year of 2010, sales volume of Sifang Telecom fiber optic active connectors accounted for 18.6% of the market share of China's optical fiber connector market, which is higher than the total market share of the two major Chinese competitors.
According to News Stone, in 2011, Sifang Communications’ main business income was RMB 1 billion, and profits and taxes were RMB 200 million. The company currently has six fiber optic connector production lines, two pre-grinding lines, and an annual capacity of 9 million sets of fiber optic connectors. The company plans to build two new fiber optic connector production lines by the end of 2011, increasing the company's total annual production capacity to 12 million sets of fiber optic connectors; in 2012, it achieved 13 million sets of 18 million sets of fiber optic connectors. In 2012, it is expected to realize sales revenue of 1.3 billion yuan, and profits and taxes of 240 million yuan. In 2013, a total of 22.5 million sets of fiber optic connector production capacities were achieved; before the end of 2014, an annual production capacity of 27 million sets of fiber optic active connectors was established.
During the “Twelfth Five-Year Plan†period, Sifang Communications will start implementing the “Double Billion†project: the company’s market value will reach 10 billion yuan in 5 years, and the company’s sales revenue will exceed 10 billion in 7 years, making the company a high-tech, modern, and capable company. Large-scale internationally-renowned large-scale enterprise groups. In order to realize the “Double Billion†project target on schedule, we will implement four major strategies in a planned manner:
First, expand production capacity and enlarge and strengthen the industrial platform. In the next five years, through the implementation of technological transformation and the construction of a new production line, the company's annual output of fiber optic connectors will reach 27 million sets, creating the world's largest R & D and production base for fiber optic connectors.
The second is to adjust the product structure and do a long and excellent industrial chain. In the next five years, the company intends to invest 5 billion yuan to start construction of 9 high-tech products projects such as soft fiber optic cables, leather fiber optic cables, butterfly fiber optic cables, ceramic ferrules, optical sensors, optical splitters, and preform wire drawing. The economic growth point formed a complete industrial chain and led the Hebei Province's electronic information industry to achieve a sound and rapid development.
The third is to insist on innovation and development and to develop a road of “combination of production, learning and researchâ€. In the next five years, the company will establish long-term cooperation mechanisms with some famous institutions of higher learning and R&D institutions at home and abroad, and establish post-doctoral scientific research workstations, provincial-level optical communication technology key laboratories, and provincial-level enterprises within the company. The technology center provides technical support for the subsequent development of the company.
The fourth is to implement the talent strategy and establish a lean and efficient management team. In the next five years, the company will adopt the methods of commissioned orientation, global introduction, and other ways to gather talents, set up an all-optical network technology training school operated by the company, and systematically train talents to provide talent protection for the sustainable development of the company.
According to News Stone, in 2011, Sifang Communications’ main business income was RMB 1 billion, and profits and taxes were RMB 200 million. The company currently has six fiber optic connector production lines, two pre-grinding lines, and an annual capacity of 9 million sets of fiber optic connectors. The company plans to build two new fiber optic connector production lines by the end of 2011, increasing the company's total annual production capacity to 12 million sets of fiber optic connectors; in 2012, it achieved 13 million sets of 18 million sets of fiber optic connectors. In 2012, it is expected to realize sales revenue of 1.3 billion yuan, and profits and taxes of 240 million yuan. In 2013, a total of 22.5 million sets of fiber optic connector production capacities were achieved; before the end of 2014, an annual production capacity of 27 million sets of fiber optic active connectors was established.
During the “Twelfth Five-Year Plan†period, Sifang Communications will start implementing the “Double Billion†project: the company’s market value will reach 10 billion yuan in 5 years, and the company’s sales revenue will exceed 10 billion in 7 years, making the company a high-tech, modern, and capable company. Large-scale internationally-renowned large-scale enterprise groups. In order to realize the “Double Billion†project target on schedule, we will implement four major strategies in a planned manner:
First, expand production capacity and enlarge and strengthen the industrial platform. In the next five years, through the implementation of technological transformation and the construction of a new production line, the company's annual output of fiber optic connectors will reach 27 million sets, creating the world's largest R & D and production base for fiber optic connectors.
The second is to adjust the product structure and do a long and excellent industrial chain. In the next five years, the company intends to invest 5 billion yuan to start construction of 9 high-tech products projects such as soft fiber optic cables, leather fiber optic cables, butterfly fiber optic cables, ceramic ferrules, optical sensors, optical splitters, and preform wire drawing. The economic growth point formed a complete industrial chain and led the Hebei Province's electronic information industry to achieve a sound and rapid development.
The third is to insist on innovation and development and to develop a road of “combination of production, learning and researchâ€. In the next five years, the company will establish long-term cooperation mechanisms with some famous institutions of higher learning and R&D institutions at home and abroad, and establish post-doctoral scientific research workstations, provincial-level optical communication technology key laboratories, and provincial-level enterprises within the company. The technology center provides technical support for the subsequent development of the company.
The fourth is to implement the talent strategy and establish a lean and efficient management team. In the next five years, the company will adopt the methods of commissioned orientation, global introduction, and other ways to gather talents, set up an all-optical network technology training school operated by the company, and systematically train talents to provide talent protection for the sustainable development of the company.
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