In 2007, China's abrasives import and export company faced a sharp appreciation of the RMB exchange rate. The government increased the macro-control of “two high and one capital” products. Most of the products exported by the company canceled export tax rebates, raw materials rose, sea freight rates rose, etc. Under the unfavorable factors, all employees, with the will of “Toughness and Hardening”, with the support of the company's powerful strength, unite and cooperate, calmly cope with the changes in the domestic and foreign markets, adopt various effective measures, strengthen business management, and standardize business processes. Focus on adjusting product structure; strengthen cooperation with Luoyang Bearing Research Institute, Zhengzhou Sanmao Institute, China Electric Apparatus Research Institute and Other research institutes to develop new products and new knowledge training, newly developed special equipment, ceramic products, diamond tools The export products have achieved initial results; in the trade management, the "trade management system", the import and export cost accounting tracking system, the use of the company's intranet, and the strengthening of internal communication have been further improved. Through the joint efforts of all employees, the import and export trade increased significantly in 2007. The annual income from the main business was 687.57 million yuan, and the import and export volume reached 95.42 million US dollars, a record high. The goal of importing and exporting 100 million US dollars is only Half a step away, and continue to maintain the leading position in the abrasives industry.
Since Zhongmao Company has achieved outstanding performance in the past year, it has once again won the honorary title of “Henan Province Key Export Enterprise”, which has been awarded the title of “Henan Province Key Export Enterprise” for the tenth consecutive year. It is the title of “Henan Province's annual key export enterprise” for 10 consecutive years. Recently, I received a congratulatory letter from Li Qingshu, Director of the Department of Commerce of Henan Province. In the face of the gratifying achievements that have been achieved, China Mill will actively plan for the future, continuously develop special equipment, ceramic products and other products in the South American market, and strive to find new economic growth points, and is expected to achieve new breakthroughs.
Author: Kim Sun-order
 

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