It is reported that Quanzhou Electric Power Co., Ltd., a Japanese wire harness processing enterprise, is ready to enter the Philippine market. The company is expected to establish a processing and sales company of wire and cable harness in the Philippines in December 2014. It is reported that the company expects a registered capital of 100 million yen and 20 employees. Among them, Japan sent 3 and recruited 17 locally in the Philippines. The scale is not very large, which is still small compared with the scale of our Kunshan julun machinery. Quanzhou Electric Power Company is mainly engaged in harness processing business with FA cable as the main body, and is active in the Asian market. The company's establishment of a subsidiary in the Philippines is mainly to meet the growing demand in Southeast Asia and other places.
With this in mind, our julun group was founded in 1975. It is a long-standing company. Because of our brand strength, there are five companies in the world. Headquartered in Taiwan. Seeing the Japanese wire harness processing entering the Philippine market has also enhanced our great confidence. We julun group are ready to go and strive to go abroad and go to the world in the future.