Annual sales revenue decreased 16.7% because of the financial crisis. However, the increase of staff caused the increase of operation costs. The shareholders did not expect this, and it brought some anxiety to the management team;
In March, the management team found out that some of the Nanhua products were copied by other companies. The management team and staff were helpless. They made some reflection of their own and they gradually implemented measures that pushed company to install and use legitimate software and respect the interests of the others;
In June and Dec, our company was inspected by ZTE twice. However, we still did not pass. We found out that there were many problems that existed in our company through the two inspections. We tried our best to solve those problems and expected the next inspection;
In August, a new financial manager came, and set up a completely new financial department (consisting of 5 people). After that, the period when financial dept. was operated by shareholders came to an end;
In September, All the 5 sales departments decided to implement democratic management, in order to improve the internal cooperation;
In October, our company was inspected by Alstom. We passed and became one of their suppliers;
In November, a new QC manager came. We put a lot of hope on him and expected from him to solve the continuous quality problems and improve our quality control level;
In December, our Marketing department was set up. It consisted of 4 young people, a small group with a big range of issues to do;
In December, after 20 years of operation, we finally registered Shanghai Nanhua Electronics Co., Ltd;
By the end of that year, we insisted on the overall planning, same as in the past year. We continued to employ more people for various needs and had a good prospect of year 2010. Most of the young staff who came in the past 3 years got married and started to have children in that year. During the great economic depression, we lived a happy life.
Sales revenue kept growing under financial crisis environment and it increased by 30%;
In June, the six-day's working week that was used for 19 years was finally abandoned;
In July, we divided R & D engineers into 4 teams based on different product series. We started clear and specializing management;
In August, Supply Chain Department was officially formed. It put purchasing, warehousing and PMC into one management body;
In October, International Sales Department that had 3 staff was officially formed;
On October 6th, Management Union that represented shareholder benefits was formed, which implemented General Manager & Management Union co-managing mode;
In November 28th, Nanhua relocated to the new work site that had better facilities;
In the end of 2008, management team construction from 2005 started to take shape. With hard working, the new management team was approved by our clients, employees and shareholders.
Our Domain Name was updated to www.nanhua.com. Our website featured an internet-based ordering system. We developed business for Digital Cable Television Network and radio alarm system. We carried out Nanhua brand-building. Quality Control and Supervision approached advanced international levels.
We opened international business and attracted the best talents to strengthen our R & D team. We improved information construction and promoted technical innovation. We collaborated with the largest enterprise in India, Reliance Group, in order to install aviation obstruction lights on 15,000 Indian telecommunication towers.
Designed and developed NHT Page/Multi-party communication system which replaced American products in domestic market. We started the ERP construction.
We continued dedication to the needs of the industry and expansion of product lines. LED lights were developed. We launched the website www.shnhme.com.
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