In October 14, 2008, I Division by a European international well-known electromagnetic commissioned by the company, and with the Powder Metallurgy Research Institute of Central South University cooperation in research and development of high technology products "high frequency current with high permeability soft magnetic element" more than six months after hundreds of experiments, finally succeeded; by overseas authoritative testing organizations (EMPA) detection: the sample at the design and use requirements, the main electrical performance index than the German company as part of. The company's headquarters to our R & D capability, technology level, pragmatic style, much appreciated, is our company will be listed as an important cooperative partner.

In November 24th, the company officially issued to us Mini trial order, and let us happily say: This is a power system components, the market prospect is very good, by the financial crisis the impact is very small, but it has been determined that next year, we do the production preparation.

Since the second half of 2008, triggered by the subprime mortgage crisis of the global financial crisis is gradually evolved into a global economic crisis, powerful and grim situation, China's manufacturing industry and trade enterprises under serious threat! Because of our current main products are auto parts, and the 80% is exported to Canada and the United States, a great blow by the first, from October onwards on the broken order, has a great impact on company operations.

Company Cai chairman at a recent meeting stressed: the electromagnetic products are strategic products customers, in the global leading position in technology, so it is also our strategic products, this is a good opportunity for our. We have the pleasure to cooperate with the international well-known company, not only for the realistic strong we deal with the current economic crisis, there are profound historical significance for us to walk the road of scientific and Technological Development philosophy! He has further defined the development direction of the company: we also want to make walking on two legs, one leg is doing a good job, to do fine in the prior powder metallurgy mechanical parts production; the other leg is taking advantage of the technology and resources of our special and stronger powder metallurgy and new materials in this article. He called on all staff to see the huge potential value of science and technology, to study their technology, rely on science and technology strength of the company remain invincible! Slight snow.