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Saginomiya Seizing a Business Chance in China
2017/06/24
Hualu Automatic Controls, a Chinese subsidiary of Saginomiya, exhibited its products at CRH Expo 2017, in collaboration with Saginomiya and Nippon GT Controls. In 2016, Saginomiya’s business operations in China turned out to be very favorable, and are expected to attain a considerable upturn this year too. The major driver of this favorable trend lies in the coal-to-electricity retrofits being promoted by the Chinese government as a countermeasure against the air pollution issue centering on PM2.5. The coal-to-electricity retrofit is a major step intended to replace space heating that relies heavily on coal by space heating that uses electricity in Northern China. Since it is a countermeasure whose implementation is mainly required by the Chinese government, it is favorably affecting the business situation so that orders received by Saginomiya for its eco-friendly products have increased remarkably, centering on valves such as four-way and electronic expansion valves as well as pressure sensors. Moreover, since it is national policy, products are increasingly required to satisfy strict quality warranties. Boosted by user demand for higher quality products, highly rated Saginomiya products with their advanced technological level are attracting a great deal of attention. Masayoshi Suzuki, general manager of Sales Department, Hualu Automatic Controls, said, “We are aiming to attain further growth in 2017.”
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