YOFC: Consolidate the eight major areas and formulate a five-year plan for the "transformation and upgrading" of intelligent manufacturing
2015 is an extraordinary year for the ICT industry. The "Internet +" strategy has officially become a national strategy, the construction of "Broadband China" has entered a critical stage, and "speed increases and fee reductions" Relevant policies have been introduced and implemented, "mass entrepreneurship and innovation" are in full swing, and smart manufacturing, cloud computing and big data strategies are in the ascendant.
The promotion of this series of strategies and policies is inseparable from the construction of an information society and high-speed information transmission network, let alone the construction of optical fiber and cable, the material foundation of the information age.
YOFC is a domestic company specializing in the manufacturing of optical fiber preforms, optical fibers, optical cables and other related products. In December 2014, it was successfully listed on the Hong Kong Stock Exchange.
Recently, Zhang Mu, Vice President of YOFC Optical Fiber and Cable Company, visited China Information Industry Network to discuss the development of YOFC on the first anniversary of its listing and YOFC’s future development strategy.
First anniversary of listing: rapid performance growth, consolidating eight major areas
Since its listing, YOFC has maintained rapid growth.
According to data, total revenue from January to September was 4.765 billion yuan, a year-on-year increase of 14.7%; the group’s domestic business revenue increased by more than 10%, and overseas business revenue increased by more than 20%.
Thanks to its good performance, in May this year, YOFCOptical fiber and cable were included in the MSCI (Morgan Stanley Capital International) Global Small Cap China Index.
Zhang Mu introduced that in recent years, with the in-depth advancement of the "Broadband China" national strategy, the country's three major telecom operators have actively carried out 4G network infrastructure construction. In the context of the government's promotion of the "Internet +" strategy, the domestic market demand for optical fibers and optical cables continues to rise.
Faced with market opportunities, YOFC relied on capital strength in its first year of listing and closely focused on the established mid- and long-term strategies. Over the past year, it has focused on the entire industry chain, multiple process routes, internationalization, related diversification, and production capacity. Active deployment has been carried out in eight aspects: layout, promotion of optical fiber preform anti-dumping and quality conventions, intelligent manufacturing and brand influence building.
On the occasion of the first anniversary of its listing, Zhang Mu said that in the past two decades of development, YOFC has made great strides in the optical fiber, optical cable and preform industries. It has achieved great success and can be called YOFC’s first venture.
However, after listing, YOFC will experience its second venture based on a more flexible and rapid decision-making mechanism, achieve rapid performance growth through comprehensive and high-speed industrial layout, and build domestic optical cable, domestic optical fiber and There are seven business segments: preforms, international business, special products, active optical cables, integrated wiring, and network engineering technology and services.
Five-year plan: continue to deepen the core business of rods, fibers and cables
For the future YOFC is optimistic about the changes in the market structure. Zhang Mu predicts that the market growth rate next year will be in the range of 10% to 15%.
Faced with strong market demand, the industry will be in short supply of optical fiber. situation, this will also prompt many manufacturers to adjust production capacity through mergers and reorganizations
Facing the ever-changing market landscape, Zhang Mu said that starting from the overall situation, It is still essential to formulate long-term plans.
Currently, YOFC is formulating a five-year development plan from 2016 to 2020. The central idea of the plan is that YOFC will develop in the fields of optical fibers, optical cables and preforms. Continue to deepen.
Specifically, it is divided into three aspects:
The first is to cooperate with the national development strategic decision of One Belt and One Road and accelerate the pace of going global.
Achieving this goal requires accelerating the layout of domestic and foreign production capacity. Domestically, in 2015, YOFC laid the foundation for two optical cable production bases in Lanzhou and Changsha and stepped up construction, and the production base invested in Shenyang has been put into production; Abroad, YOFC has established a joint venture subsidiary in Indonesia with PT.MONAS, and YOFC has also established a holding subsidiary in South Africa. The initial designed optical cable production capacity is 1 million core kilometers per year.
YOFC also established a holding subsidiary in South Africa. We have accelerated the construction of international offices and international business teams, further improved our sales capabilities in the international market, and strived to achieve a level of 20% to 25% contribution to international sales revenue.
The second is to consolidate the entire YOFC industry chain. In 2016, YOFC's upstream Yungjingfei will be put into full production, the optical fiber coating project will be officially launched, and YOFC Zhilian will be established in the downstream industry, and the business will continue to extend to the upstream and downstream of the industry chain. < /p>
The third is to further increase investment in research and development of multiple process routes. YOFC and Philips of the Netherlands jointly introduced the PCVD process. Through technology absorption, digestion and re-innovation, it has already Comprehensively master the PCVD process.
On this basis, YOFC reached a preform joint venture project agreement with Shin-Etsu of Japan this year to introduce the OVD process; the company’s independently developed VAD has been put into production and will be launched by the end of 2016 or 2017. Industrial production will be achieved at the beginning of the year
Zhang Mu said that through the formulation and implementation of the five-year plan, YOFC will deepen its core business areas of rods, fibers and cables. Achieve sales of 10 billion in 2017, and achieve sales of 20 billion in all YOFC businesses in 2020. In this year and next, we will rank first in the world in all optical fiber preforms, optical fibers and optical cables, achieving the strategic goal of "volume".
At the same time, YOFC will focus on both "quality" and "quantity". In the company's next five-year plan, it will pay more attention to the realization of the "qualitative" goal of "industry leader" and explore more in a timely manner. Related diversified development in multiple fields, a two-pronged approach will build YOFC into a world-class leader in the optical fiber industry.
Intelligent manufacturing : The highlight of future industrial adjustment
From a global perspective, although the Internet has created business miracles one after another, it is undeniable that industry is also re-emerging and becoming the main driving force for economic development.
In Germany’s “Industry 4.0” ", the American Industrial Internet and other concepts, the manufacturing industry is undergoing a new round of "transformation and upgrading", and intelligent manufacturing has become the first choice for the development of various enterprises.
Through the application of intelligent manufacturing technology and intelligent manufacturing systems, intelligent manufacturing can optimize management decisions, improve resource utilization, increase the added value of the industry, and achieve flexible, intelligent and highly integrated manufacturing.
From another perspective. From one perspective, environmental issues have become a rigid indicator of China's future development, and companies also need to save energy and reduce emissions through intelligent manufacturing to achieve green development.
Domestically speaking, with the release of "Made in China 2025", the intelligentization process will be further accelerated, and "intelligent manufacturing" will become one of the goals of the transformation of China's manufacturing industry in the future.
In the upcoming In the past 2015, China's optical communications industry has made great progress under the guidance of good policies. The booming market Market demand is driving the overall boom in the optical communications industry.
However, with the full release of policy dividends and market potential, it has become the development consensus of the industry to deepen technology, reduce costs, and improve product quality and production efficiency. /p>
As an important member of the traditional manufacturing industry, the future development direction of optical fiber and cable companies must be intelligent manufacturing.
Zhang Mu introduced that YOFC actively responded to "Made in China 2025" and invested in the intelligent manufacturing of optical fibers, becoming the only company in the industry selected as the first batch of pilot demonstration units for intelligent manufacturing.
YOFC mainly relies on the National Laboratory for Optical Fiber Preparation to realize the automation and informatization of optical fiber manufacturing. The production has shifted from large-scale manufacturing to large-scale customization, providing customers with personalized end-to-end solutions to meet their needs. In the Internet+ era, operators need to build high-level broadband networks.
At the same time, in terms of new product research and development, YOFC will continue to increase the research and development of low-loss, large-effective-area optical fiber products, and looks forward to making new breakthroughs in ultra-low-loss, large-effective-area optical products.
For the optical communications industry, short-term supply exceeds demand and the overall overcapacity and profit compression of traditional optical fiber and cable products coexist.
Optical fiber and cable companies have shifted their research and development focus to products and solutions such as ultra-low loss fiber optic cables, special optical cables, and submarine cables, and have launched a series of new products and services, all of which are moving towards intelligence. An inevitable choice for manufacturing.
Zhang Mu said that as an industry leader and pilot demonstration enterprise, YOFC will continue to work hard in the direction of intelligent manufacturing and drive the improvement of the intelligent manufacturing level of the entire industry through its own efforts.
