Tong Ming Being Active in Creating E-Commerce Platform in China for Operational Stability

Chinese leading stainless steel fastener supplier Tong Ming reported higher revenue in the first half of 2015, though with lower profit owing to the dropped nickel price. The Company continues to seek stable operation this year and is now active in promoting its own e-commerce platform for cost reduction.

 

In an investor conference given on Aug. 28th, Spokeswoman of Tong Ming Ms. Ko said that the sales in China this year have shown significant fluctuations. However, the Company has adjusted upward the percentage of its overseas sales to disperse the risk in operation. In domestic China it is also quite active in promoting e-commerce and aims at the market in Eastern China. In the 2nd half of 2015, the Company will also expand its business down to the market in Southern China for reducing the cost and boosting the operating efficacy.

 

The current main sales of Tong Ming is basically in domestic China. In order to react to the big change of Chinese market, Tong Ming will increase the percentage of sales to the U.S., S. America, and Australia. It also reduces the supplies of products with low profitability and increases the supplies of niche products in order to maintain the average price level and stable inventory supply as in the 1st half of the year. Tong Ming is very active in promoting the e-commerce platform in China, which has been activated in the market in Eastern China. So far, 60% of customers in Eastern China have started to use the online order system and this e-commerce project is also planned to be implemented in Southern China, and will be further promoted across the entire China.

扣件

國際展會

惠達雜誌

匯達實業

外銷媒合

廣告刊登

螺絲五金

五金工具

紧固件

台灣扣件展

印度新德里螺絲展

越南河內螺絲展

墨西哥瓜達拉哈拉螺絲展

美國拉斯維加斯螺絲暨機械設備展

波蘭克拉科夫螺絲展

義大利米蘭螺絲展

德國司徒加特螺絲展

FAIR INDIA

FASTENER FAIR VIETNAM

FASTENER FAIR MEXICO

FASTENER POLAND

FASTENER FAIR ITALY

FASTENER FAIR GLOBAL

FASTENER WORLD

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