The Xi'an High-Tech Industries Development Zone in Shaanxi province provides an open business environment to help enterprises improve their core competitiveness and achieve remarkable results in product development, production and sales, executives said.
"With the help of the high-tech zone and the pioneer park, our intelligent electrical industry project is progressing smoothly. The park provides assistance throughout the approval and bidding processes, which has saved us a lot of time and labor," said Fang Guangwen, chairman of Sinofuse, a high-tech enterprise focusing on the research and development, production and sales of circuit protection devices, fuses and related accessories.
With a total investment of about 300 million yuan ($46.15 million), the project provides products and services for high-end domestic and foreign enterprises and serves the emerging industries.
Focusing on the mid-to-high-end market of power fuses, Sinofuse has been deeply involved in the communications, photovoltaic, wind power, rail transit and new energy vehicle markets.
The company ranks first in market share for domestic new energy vehicle fuses and has become one of the leading companies in the domestic power fuse industry.
"The park not only offers us venues and factories, but also human care," Fang said.
After the Spring Festival in 2020, due to the effects of COVID-19, the company encountered a shortage of personnel needed to resume work. The park immediately organized a special service team to arrange nucleic acid tests for returning personnel and help the company implement various prevention measures, Fang said. "The service of the park is 'sending charcoal in the snow'," he added.
In Fang's view, the core competitiveness is to meet needs, create value for customers and cooperate efficiently.
"Good cooperation is bound to produce a win-win situation. By fast-tracking the needs of emerging markets, Sinofuse continues to develop new products to widen the gap between the industry and form its own competitive advantage."
Its customers include domestic well-known brands such as CATL, BYD, Geely, GAC Group, Chery and Huawei as well as internationally renowned large companies such as Tesla and Daimler.
Sinofuse's brand awareness has been continuously improved. It has won titles such as the Famous Trademark of Shaanxi Province and Famous Trademark of Xi'an. Its products have been widely recognized by the market and customers in many fields, the company said.
