Transformation of Abrasives Manufacturers

Although the analysis of the economic conditions of the abrasives industry and the coated abrasive industry in recent years has been "steady, moderate," but the sales volume of abrasives and coated abrasives has declined, and the sighs of hardware tool terminal stores have been sighed. Sufficient to illustrate the seriousness of the abrasive abrasive industry.

According to reports, compared with previous years, the demand for artificial abrasives in the grinding wheel industry has been shrinking compared with previous years. Due to the supply in the past, domestic production capacity was oversupply, and products were squeezed. As a result, the entire abrasive market was declining. Abrasive market prices are also gradually declining.

In this large abrasive abrasive market environment, abrasive companies have to gradually consider the transformation of enterprises, from the original extensive labor-intensive industries into modern technology-intensive enterprises. Luoyang Weixiang Abrasives Co., Ltd. is successfully transformed in this situation. Weixiang company's predecessor is based on a single management of brown corundum abrasives, and gradually transformed itself into a high-tech enterprise integrating research, development, production, processing, and export of abrasives, refractories, and resin wheels.

In the country's famous artificial corundum base in Yiyang, Luoyang, there are many such companies are not accelerating the transformation of technology-intensive enterprises. In the midst of high-speed economic development, companies must continue to advance technological innovation, management innovation, and thinking innovation along with the pace of the times. Use today's most advanced "Internet thinking." The business philosophy of combining the traditional business model with modern information technology enables the company to remain viable and adapt to the current trend of corporate development.