GRL Information | Yueqing’s “specialization, refinement, and novelty” leads the province, with GRL Electric as a representative appearing on Yueqing TV Station

Yueqing TV Station

From guarantee leading to gradient cultivation, currently, Leqing has vigorously implemented the “No.1 Development Project” for digital economy innovation and improvement, and taken multiple measures to help enterprises embark on the path of “specialized, refined, and innovative” development.

Last year, Yueqing added 126 provincial-level “specialized, refined, and innovative” enterprises, ranking first among counties in the province.

GRL Electric was named one of the newly added provincial-level “specialized, refined, and new small and medium-sized enterprises” in Yueqing. On April 4th, our general manager David Liu gave an interview to Yueqing TV.

General Manager David Liu said, “Why can we gain recognition from everyone? It is because we firmly grasp the essence of “specialization, specialization, and novelty”. Our innovation system is:

• Firstly, based on the market and customers;

• Secondly, there is a certain amount of investment in scientific research projects every year;

• Thirdly, a research and development team organization is needed.

We currently have over 30 R&D personnel, and R&D means a future. Without R&D, there is no future. In addition, how to implement these products and technologies developed is also driving the improvement of our manufacturing level.Yueqing TV Station

1 minute understanding: the future development trend of “specialization, refinement, and novelty”

Specialized, refined, and innovative “is a major project undertaken by the country to promote the development of enterprises in specialization, refinement, specialization, and novelty, further stimulate the vitality and development momentum of small and medium-sized enterprises, and promote their transformation and upgrading.Yueqing TV Station

With the strong support of our country, the country will continue to increase efforts to cultivate “specialized, refined, and innovative” small and medium-sized enterprises.

As of June 6, 2022, a total of 32 specialized, refined, and innovative enterprises successfully listed on the A-share market last year, and the initial fundraising scale exceeded 40 billion yuan.

At present, the fundamentals of small and medium-sized enterprises that are specialized, refined, and newly listed are good, and their development momentum is strong.Yueqing TV Station

According to the latest data from the Shanghai and Shenzhen Stock Exchanges, the annual average revenue of 155 specialized, refined.Yueqing TV Station

And new “little giants” listed on the Growth Enterprise Market this year was 1.068 billion yuan, a year-on-year increase of 30.1%, while the average net profit was 131 million yuan, a year-on-year increase of 28.7%.

In addition, the specialized, refined, and new “Little Giant” enterprises listed on the Science and Technology Innovation Board have a total revenue of 125.933 billion yuan, a year-on-year increase of 39%, and a net profit of 19.524 billion yuan, a year-on-year increase of 42%.

The specialized, refined, and new industry is expected to continue to maintain a high growth rate in the future.

GRL Electric focuses on electrical systems, with its main products covering three sub categories: fuses, low-voltage enclosed busbar systems, and isolation switches, providing high-quality and efficient electrical solutions for new energy, industrial control, and power distribution.

Innovation is the first driving force for development, and it is also the soul of “specialization, refinement, and novelty”.Yueqing TV Station

For many years, GRL Electric has been focusing on the transformation needs of the electrical industry for “modularization and intelligence”, leading the industry and adhering to the concept of “innovation driven, lean promotion”.

We are dedicated to meeting customer needs and creating more value for customers with high-quality products and perfect services.

In the future, GRL will closely follow the national development strategy, adhere to the concept of independent innovation and lean, maintain its own characteristics of “specialization, lean, distinctive, and innovative”,

play a positive demonstration and leading role of “specialized, refined, and innovative” enterprises, and promote the forward development of the electrical industry.Yueqing TV Station

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