The 10th Anniversary of the establishment of Wuxi Advancech Technology Co., Ltd. was held. Leaders, experts, customers, partners and all employees of Advancech gathered together to celebrate the 10th anniversary of the enterprise, review history and look forward to the future.
In 2009, at the time of the once-in-a-century global financial crisis, Dr. Cao Yuqing, the founder of Edvance Science and Technology, responded to the call of rejuvenating the country through science and technology, established Wuxi Edvance Science and Technology Co., Ltd., introduced American manufacturing technology to China, and sold products made in China to the United States, building a bridge between China and the United States.
In the following years, Edvance has repeatedly achieved breakthrough development: in 2009, Edvance settled in No. 999, Gaolang East Road, Taihu Science and Technology Innovation Park, becoming an enterprise settled in the park; In the same year, we developed high-end air floating ovens for overseas and domestic platforms. In 2010, the company signed an order for an oven worth more than 1 million dollars. In 2011, Taiwan's high-end film making equipment was successfully developed. In 2012, Edvance's sales exceeded the 30 million mark. In 2013, Guolian State owned capital investment was introduced, and 30 mu of land in Binhu District Hudai Industrial Park was acquired, becoming a 530 entrepreneurial enterprise in Binhu District.
In 2014, Edvance achieved leapfrog development and successfully controlled ConQuip, an American coating industry company. ConQuip, founded in the 1990s, is a leading enterprise in the RO film making equipment industry, located in Sacramento, the capital of California, with an annual sales of about 100 million yuan. In the same year, Edvance reached a technical cooperation agreement with TANN Company of the United States. TANN Company successfully researched and developed RTO equipment of global stations in 1990, which is a leading enterprise in the VOCs governance industry.
In the next two years, Edvance settled in a new factory with an area of 30000 square meters in Houdai, constantly introduced, digested and absorbed the technologies of ConQuip and TANN, and developed and introduced RTO equipment; The number of employees has expanded from more than 50 to nearly 300; The sales volume increased from 30 million to 250 million.
From 2018 to 2019, in the face of the market environment in which the Sino US trade war started, the US sales market shrank, and the domestic market became increasingly competitive, Edvance fully introduced ERP system, strengthened cost control, implemented 5S management, and made great progress against the current.
Ten years of spring and autumn, fruitful. The people of Edvance are devoted to their duties, proficient in their profession, diligent in their work, and have won the respect and recognition of peers and customers at home and abroad with the concept of creating excellence through casting, which has also laid a solid foundation for the development of Edvance in the next decade.
Glory and dream coexist, responsibility and mission go hand in hand. In the future, Edvance will pay more attention to customer needs, constantly improve the response speed of after-sales service, accelerate the completion of product standardization technology research and development, achieve mass production, provide customers at home and abroad with more cost-effective products and services, and become the leading enterprise in the existing leading product film coating equipment, oven equipment, RTO equipment industry. At the same time, Edvance will also build its own unique corporate culture to lay a solid foundation for the company's listing as scheduled; Make every effort to create value for customers, employees and shareholders, and work together to create success.