1. Where is Yangzhou located at in China? And what are the competitive advantages of Yangzhou?
A city of Jiangsu province, Yangzhou is located at the north bank of the Yangzhi river. It is a well know city for its historically legacies, richness in culture and beauty in scenery. A home town of the former president Mr. Jiang Zhe-Ming, Yangzhou consists of 6,638 squared km with a population of 1.08 million.
Yangzhou is well connected to the rest of China in trains and highways. It takes 8 hours to Beijing, 3.5 hours to Shanghai, and 1 hour to Nanjing. A bridge that connects Yangzhou to the south is under construction and scheduled to complete by 2004. Yangzhou enjoys abundant labor supply. It also has abundant skilled workers with 250,000 workers graduated from the secondary schools or higher.
2. How can we trust you with the quality of your products?
Our modern production equipments, abundant experience in the neon lamp industry, and disciplined workers guarantee our product quality. Our brand YJ is well known in the market. Our yield is 97% and sales return is kept at a minimum of 0.3%.
3. Where do you stand against other competitors?
We are currently and in the foreseeable future the largest producer of neon lamps in China. Our scale is much bigger than our competitors and our cost structure is lower.
4. What is the financial health of the company?
Our company is currently debt free. We grew from one product line to 80 lines over the years. The company remains very profitable and has never suffered a loss after producing neon lamps.
5. Any significant future plans?
The company is under negotiation with the local government with a management buyout. The company is primed to be a privately held company in the near future.
6. Where do you see yourself ten years from now?
We will be a major production/manufacturing power house in Yangzhou. We like to seek the status of a publicly-listed company in a few years time.
7. What is your relationship with the local government?
We enjoy an excellent relationship with the local government. We treasure good citizenship and are one of the major tax contributors in Yangzhou.
8. Why should we become your partners?
If you want to tap into the China market, if you want to lower your production costs, if you want to find a trustworthy partner and if you are looking for a win-win relationship, we will be the right partner for you.