Until September, Jinan Yuxing makes new achievements in earnings of foreign exchange through exports and its exported price increases 21.8% and 10% respectively compared with last year, higher than the price of the domestic market.
In 2011, Jinan Yuxing raised the target of “with the domestic market as the base to expand into the international market” and the current target was to gain experiences, lay a solid foundation and establish a system of expanding into the international market.
The company strengthened its management for key customers, established cooperation with well-known enterprises and completed production requirements for one of the world’s largest paint and coatings enterprise to expand into the international market. The company got involved in various export exhibitions and promoted new production to inform clients of its developments.
It also imported products from North Africa and India in the second half of last year to cut costs.