As the proportion of China's PCB output value in the world keeps increasing, PCB in mainland China will enter the stage of sustained and stable growth. In 2017, China's output value was $29.9 billion, increasing by 5.2% year-on-year, much higher than the global growth rate of 2.8%.
Along with the transfer of global PCB industry, China is expected to copy the development experience of Taiwan enterprises, and a number of tens of billions of enterprise groups have emerged, and gradually won the leading position of the PCB industry.
On the demand side, consumer electronics, 5G and automotive electronics are the main driving forces for the development of China's PCB industry.Growth in the consumer electronics market has slowed in recent years, but the shift of market share to Chinese manufacturers has created opportunities for upstream PCB manufacturers.In terms of automobile, it is expected that in the future, automobile electronics will have a large growth, which will become the PCB growth driver of consumer electronics.The 5G era will bring the construction of base stations and transmission networks in the communication industry, which is expected to be several times better than 4G.
As a leading enterprise of PCB in China, shennan electric circuit has its competitive advantages, including one-stop platform layout and technological advantages in the field of IC onboard board. Meanwhile, shennan keeps carrying out research and development investment for future technological upgrading and has certain advantages in management and incentive mechanism.
Shennan circuit took the lead in PCB, electronic assembly, IC board layout and achieved results.The platform model can make shennan give full play to the synergistic effect and improve the operating efficiency.
In terms of technology, shennan is the only IC board company capable of mass production and profitability in China, with leading technological strength.Shennan has always maintained the strategic positioning of technology-driven profit, and the proportion of research and development investment is in the forefront of the industry, and the technology upgrading is oriented to the future.
From the perspective of management and motivation, in the past two years, under the guidance of chairman radium, shennan has been carrying out modern management methods with continuous improvement of efficiency and gradual reduction of expense ratio.At the same time, the deep binding of the senior management team by the salary level higher than the industry average is beneficial to the development of the company