Japan Electricity Group Holds China's First Press Conference

Nidec held its first press conference in China on June 20, 2019 at the New Century JAL Hotel in Beijing. Mr. Yoshimoto, President (Chief Operating Officer) of Nippon Electric Corporation, Mr. Kafi Zhaoxing, President of Nippon Electric Group in China and Mr. Lin Bin, Deputy General Manager of Nippon Electric (Shanghai) International Trade Co., Ltd. attended the conference. At the meeting, Mr. Gibbon Hao, President (Chief Operating Officer), reviewed the past and looked forward to the future. This paper reviews the enterprise evolution of Japan Electric Power Group since its start-up. Nowadays, facing the worldwide issues such as environment, energy, rising personnel costs, and Technological Innovation led by 5G, Mr. Jibenhao said that Japan Electric Group has acutely captured the five major waves of innovation that have come, namely, electricity-saving of household appliances, agriculture, logistics automation, extensive application of robots, automobile automation, electrification and 5G communication technology, and has now completed its orientation. The global layout and technological accumulation of the five major waves of innovation are planned to achieve the target of sales of 10 trillion yen by 2030. Mr. Jia Fei Zhaoxing, President of China, clarified the strategic deployment of Japan Electricity Group in China in the context of "past, present and future". Mr. Jiafei Zhaoxing disclosed that in the future, Japan Electric Products Group will enhance its competitiveness in the Chinese market based on its understanding of the five major innovative waves and in the light of China's national conditions and policies. In terms of enterprise management, local cadres will lead the company to grow, further strengthen the local R&D system, thoroughly implement the "China Speed, China Price" and strive to achieve the sales target of 50 billion RMB by 2020. At the same time, Japan Electric Power Group will continue to increase its investment in China, strengthen the vehicle development and production bases centered on Dalian, Pinghu and Suzhou, and the development centers of communication, industrial automation, logistics and 5G technology centered on East and South China.

In response to the five major revolutionary waves, Nippon Electric Group has successfully developed many innovative products. Mr. Lin Bin, deputy general manager of Nippon Electricity (Shanghai) International Trade Co., Ltd., introduced this in detail. It is worth mentioning that the "three in one" drive motor system E-Axle developed by Japan Electric Power Group began production worldwide for the first time in April this year, and its excellent performance was adopted by the "Aion S" and "Aion LX" new energy vehicles produced by Guangzhou Automobile.

Since its establishment, Japan Electricity Group has been in a period of high growth, from four people in the initial stage to a global group company with more than 300 branches in more than 40 countries. The product line has also expanded from a single hard disk drive with stepper motors to a comprehensive motor system of research, development, production and sale of all kinds of precision small motors to super large motors in the world. Manufacturer. At present, the products of Nippon Electric Products Group are widely used in various fields, including stepping motors for hard disk drives, vibration motors for mobile phones/smartphones, motors for electric power steering systems and manipulators for LCD glass substrates, which have reached the world's first market share.

With the successful holding of this conference, it has been stationed in the Chinese market since 1989. It has 36 factories and 54 sales companies and offices in China. The Japanese Electric Group, with about 40,000 employees, has finally unveiled the mystery. This also means that Japan Electricity Group's China business has ended the low-key layout period, and in the future, Japan Electricity Group will continue to expand its business areas and expand its ambitions with the motor of the third largest industry "grain".