In the first quarter of this year, Guizhou Touchworks Optoelectronics Co, a resident enterprise of the Guiyang National High-tech Industrial Development Zone (Guiyang HIDZ), achieved a production value of approximately 103 million yuan ($14.11 million), surpassing its quarterly target.
"We are currently rushing to fulfill orders from clients such as Visionox and Hikvision, mainly for large-scale products used in the education sector and products for industrial control POS machines. These order amounts exceed 10 million yuan," stated Chen Kabing, director of the company.
Presently, the company holds orders worth 35 million yuan, and it is anticipated that production tasks exceeding 40 million yuan will be completed in April.
It is understood that to ensure a strong start to the first quarter, the company made multiple preparations in advance.
"As the Chinese New Year holiday fell in February, we stocked up on production materials ahead of time to prevent shortages caused by uncertain production recovery times from suppliers. Additionally, we conducted extensive maintenance on equipment and the production environment during the holiday, ensuring the normal operation of equipment after the holiday came to an end," explained Chen.
"The management team arrived one day before everyone else to ensure production safety and preparatory work before resuming operations," Chen added.
Guizhou Touchworks Optoelectronics Co began its journey in Shenzhen and established itself in Guiyang HIDZ as an investment attraction enterprise in 2012.
Over the last decade, the company has grown in strength, earning a place among the national-level specialized and new "small giant" enterprises.
It has become a leading international enterprise in the touch panel field and the largest supplier of capacitive touch panels globally. Not only does it serve numerous Fortune 500 companies and publicly listed corporations, but its products are also exported to Europe, America, and Southeast Asia.
This year, Guizhou Touchworks Optoelectronics Co is actively exploring new areas. The company's 3A technology, developed for entering the automotive electronics and medical industries, will enable the production of high-end products and significantly increase output.
Simultaneously, the company will expedite the construction of the second phase of the Shawan Park factory. This includes preparation for a new differentiated production line for industrial control display modules.