Chairman message

At the beginning of the new year, everything is renewed, and Wuzhu Group enter 2024 with customers and friends together!

Firm steps only with clear direction. Looking back on the past 2023: we have experienced a magnificent year together, the epidemic has just ended, meanwhile world situation is turbulent, some industry supply chains moved to Southeast Asia, the economy decoupling and other factors have been superimposed, resulting in a serious involution in the PCB industry. Especially in recent years, many listed companies have expanded production on a large scale, large-size production lines and automated production lines have begun to participate in market competition, domestic PCB overcapacity, order prices have decreased, customers have improved product quality standards, OEM, ODM production systems in foreign countries led to customer complaint and communication difficulties, information asymmetry, etc., which have caused a serious impact on our domestic PCB products and have an impact on upstream and downstream enterprises. This year we have walked hard and fulfilling.

Those who do often will succeed, and those who walk often will reach. In such a difficult moment, many enterprises in our industry have also withstood internal and external pressures, through technological innovation, skill improvement to ensure product quality, customer satisfaction further improved, automation and intelligence are getting higher and higher, enterprises have completed digital transformation, greatly improved production efficiency, deep cultivation of the domestic market and actively optimize overseas layout, promote China's electronic circuit industry to the world. This year, we have gone higher and farther.

Looking forward to 2024, the fundamentals of the development of our electronic information industry are still relatively good, but it is in the critical stage of accelerating transformation and upgrading, long-term structural problems, key technology constraints and short-term difficulties are intertwined, the situation is more complex, and the task of improving the quality and efficiency of industrial development is still relatively arduous. Hardship shows courage and perseverance, and hard work leads to success. I believe that our industry enterprises and all PCB industry colleagues will be able to continue to forge ahead in the new year, work hard, provide new power in the critical year of transformation and upgrading of the electronic information industry, and fight for a brandnew annual performance!

The road is long, and everything worth to be expected. 2024 is another year for us to base ourselves on a new starting point and create new great causes. The road ahead is long and bright, and the future is full of expectations and opportunities. As a member of the electronics industry, Wuzhu Group feels very honored. Combined with the development trend and demand of the industry, Wuzhu Group will not only provide customers with high-quality products, but also be committed to providing more convenient and efficient machinery and equipment for the printed circuit board industry, and contribute to the improvement and development of manufacturing quality in the industry.

In 2024, Wuzhu Technology Co., Ltd and Zhihao Electronic-tech Co., Ltd will improve the comprehensive strength of factory automation, intelligence, digitalization, Barcodesreading quality traceability, multi-variety, small and medium-sized batches, and quick response, so as to provide customers with more value-added and competitive products, support our customers to overcome challenges, and help our customers develop better!