With more than 20 years of continuous independent innovation, Tung Wah Group of Machinery Co., Ltd. has maintained its competitive edge in the domestic industry. In 2006, the company only injection molding machine sales nearly 900 million yuan, an increase of about 12% over the previous year, ranking the forefront of the domestic press industry.
Tung Wah Group Company is a joint venture between the Mainland and Hong Kong focusing on the production of fully automatic computerized injection molding machines and its affiliated equipment. TEDA took the lead in developing the injection molding machine-specific control system among its domestic counterparts. By relying on this advantage, Tung Wah Group rapidly fiercely competed in the market Based on. The company has never stopped the pace of independent innovation, now specializing in the production of large-scale injection molding machines and high-tech injection molding machine in the industry-known, as the domestic machine industry's first high-tech enterprises to obtain certification and ISO: 9001 quality management system certification Business.
In 1993, Tung Wah Group firstly broke through the design and process technology of very large injection molding machines in China and successfully designed and manufactured the first 2,500 ton TTI-2500 injection molding machine with clamping force in China, filling a gap in our country and obtaining the State Council Issued by the "most Chinese" honorary certificate. The company also introduced a series of internationally advanced automatic injection molding machine (two-plate machine), and access to national patents. In the first half of 2000, the company successfully developed all-electric injection molding machine, which was checked by Guangdong Science and Technology Information Center to fill the blank of all-electric injection molding machine in our country. Currently, the company manufactures injection molding machines of varying sizes with injection weights ranging from 43 to 50,000 grams and clamping forces ranging from 25 to 4,000 tons.
Today, Tung Wah Group's products have covered most of the provinces, and a large number sold abroad, praised by the majority of users. The company's domestic sales and exports have been rapid growth from 2000 to 2006, the domestic average annual growth rate of 10%, the export growth rate reached 30%, well above the industry average growth rate of 6%.
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