Wuhan Guide Infrared Co., Ltd. Declares its Strategy According to BAC Report18 Oct 2011 • by Natalie Aster
LONDON – At the Annual General Meeting Wuhan Guide Infrared stated its mid-term strategy that will help the company to redeem from its main weak point – dependence on partners.
Wuhan Guide Infrared has long-term contracts with its main vendors and customers. On the one hand, these contracts guarantee revenues brought by allied partners. On the other hand, they put Guide Infrared in dependent position on its vendors and clients. About half of all sales are generated by top 5 vendors, and about half of all revenues are brought by top 5 customers.
In the infrared imaging products, the Company will further enrich the full range of infrared imaging technology products and represent a higher level of integrated photovoltaic systems products, broaden product line and expand markets and applications. This will help to seize a larger market share and increase the level of corporate profits.
In infrared thermal imaging technology, the company will continue to increase R & D efforts and R & D investment to meet the company's multi-product special customization needs, to become the world's best infrared thermal imaging supplier.
In production, the company aims at raising funds to meet the military supply volumes requirements.
Together, these policies are to attract new customers and decrease top 5 buyers share in revenues.
In order to expand its vendors’ list, Wuhan Guide Infrared will seek for new dealers willing to distribute and sell company’s products. Constantly growing title range is to make Wuhan Guide Infrared a preferable manufacturing partner.
Company’s financial performance is stable. Both revenues and net income don’t reflect any significant fluctuation in results. The trend is highly predictable. The company experiences moderate growth, with revenue and net income going up 6.7% and 1.6% respectively in FY 2010. The indices amounted for CNY 377.4 M and CNY 140 M.
Founded in 1999 and headquartered in Wuhan (China), Wuhan Guide Infrared engages in design, manufacture and wholesale of infrared thermal cameras and systems. The application range is wide: Firefighting, Night Vision System, Security Monitoring, Law Enforcement, Border Security, Thermography (in Veterinary, Medicine, Metalurgy, Building inspection, R&D, Fever sensing, Chemistry, Electrical). Company’s operating segments are: Thermography, Security, Commercial Vision Systems, Lens & Blackbody. Sales network covers about 70 countries.
Other information on the company’s performance, product portfolio, history, financials, competitors can be found in the report “Wuhan Guide Infrared Co., Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.
Title: Wuhan Guide Infrared Co., Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Oct, 2011
A complete overview of the overall China Computers and Electronic Equipment Industry and the competitive market landscape can be found in the report “China Computers and Electronic Equipment Industry Comparative Analysis and Companies Ranking”
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