DEVELOPMENT ORIENTATION

DEVELOPMENT ORIENTATION

The company’s target is continuing to operate effectively in all areas and business lines; Build a strong enterprise and reputable brand in the Vietnam market and urban area market. Create a specific identity enterprise culture. Build a model of in-deep development in manufacturing, product distribution and export the electronics products, related electronics products.

Enterprise appraise

Fuyuan Vn Co., Ltd established since January 2012 with the first orientation is focused in product development, machining finished products and semi-finished products, accessory products and provided for many famous electronic enterprises in Viet Nam. By 2016, We have established a subsidiary and by 2018 we have built a new factory with total area more than 10000 m2, many automatic and semi-automatic production lines, many advanced machines and equipments with advanced technology helped Fuyuan has become one of the medium-sized companies efficient and stable performance in business, owned many potential partner, dominated the domestic market and some trade activities in other countries in the region.

Now we owned more than 300 office staff and workers, annual revenue achieves over 380 billion VND ( Excluding revenue from export activities).

Vision to 2024

By 2024, Fuyuan Vn Co., Ltd will become a strong company all about production, export, distribution, supply design service, machining electronics equipment, wires, PCB, PCBA, OEM services...and becoming a reputable company in Viet Nam market and foreign market. We have a modernly and flexible company structure, human resource management system meets the international standards. Our company operates equally in all areas, the balance between production, distribution, and services. The company’s core values and core benefits are from domestic markets based on combining with development and warrant development criteria of the regional and world markets. We have cooperation relationships with leading manufacturing and distribution enterprises in the region and around the world, at the same time we own prestigious brands in the domestic and many other markets. Those are the foundation of the development in the period after 2024.

Expectations until 2024

Company’s benefits are from following core areas:

- Production: We’ll investment to the advanced production lines, more modernly equipment, improve produce the core products as PCB, series, PCBA, power strip series, smart power strip series, wire series, digital LED screen series...and many other electrical products. Constantly innovating designs and improving product quality to meet customers' demands, and foreign market’s demands.

- Distribution: In addition to promoting product development, the promotion and distribution to the domestic market are also an important focus given by the company and focus on development. Constantly developing distribution channels and supplying to the domestic enterprises and consumers. Promote sales volumes and expand market share.

- Export: FuYuan is not only expanding domestic market share and affirm our brand’s position in the market but also improve technology continuously we have the advantage of price, designs, and quality, give us good conditions to focus on development, promote export to other countries on the world. Help Fu Yuan is not only the regional prestigious brand but also a premise to become a world brand.

 Deployment plan

Through the overall development strategies for the period of 2019 - 2024, based on company’s actual operations, market movements and development opportunities, Fu Yuan Vn Co., Ltd will be deploying to the following work items:

- Expand the product development in the new factory.

- Rebuild the company’s management and operating system.

- Reset up job positions, standardize tasks and perform tasks.

- Create a structure and mode of operation, manage and control the enterprise

- Create the development plans and operation plans to 3 areas that the company is currently implementing in 2019.

- Develop a comprehensive marketing strategy

- Domestic market development plans.

- Export market development plans

- Strategy and plan to build a brand

- Other plans.