China Securities Network announced that the domestic elevator market will grow steadily in the next three years. Before 2011, elevator sales were more correlated with real estate investment, but since then, the correlation has gradually declined, mainly due to changes in elevator demand, mainly due to the gradual increase in the proportion of affordable housing and elevator replacements.
China Securities Network said that the annual growth rate of elevator sales of Guangri shares remained above 10%. The company is expected to rely on Hitachi to grow rapidly.
As the carrier of Hitachi (China), Guangri is one of the earliest joint ventures in the elevator industry in China. Although since its inception in 2001, Guangri shares have been operated separately from Hitachi (China), but the marketing network, the sharing of technical resources formed by years of cooperation, and the complementary advantages of the brands acquired by Hitachi (China) will enable the company to grow rapidly.
China Securities Network said that its LED business may become a new bright spot. Different from other state-owned enterprises, the management of Guangri Co., Ltd. still starts from the perspective of process-related, technology-related and market-related, and explores new markets. Its subsidiary, Guangri Electric, entered the LED field in 2008 and first applied it to elevator car lighting to achieve sales with elevators. The company's Liupanshui project, the strategic cooperation of the Yangjiang Municipal Government and its entry into the Macau market will help the company open the LED market. At the same time, the background of the Guangzhou State-owned Assets Supervision and Administration Commission also helped the company to share the market of nearly 6 billion LED street lamps in Guangdong.
China Securities Network said that the annual growth rate of elevator sales of Guangri shares remained above 10%. The company is expected to rely on Hitachi to grow rapidly.
As the carrier of Hitachi (China), Guangri is one of the earliest joint ventures in the elevator industry in China. Although since its inception in 2001, Guangri shares have been operated separately from Hitachi (China), but the marketing network, the sharing of technical resources formed by years of cooperation, and the complementary advantages of the brands acquired by Hitachi (China) will enable the company to grow rapidly.
China Securities Network said that its LED business may become a new bright spot. Different from other state-owned enterprises, the management of Guangri Co., Ltd. still starts from the perspective of process-related, technology-related and market-related, and explores new markets. Its subsidiary, Guangri Electric, entered the LED field in 2008 and first applied it to elevator car lighting to achieve sales with elevators. The company's Liupanshui project, the strategic cooperation of the Yangjiang Municipal Government and its entry into the Macau market will help the company open the LED market. At the same time, the background of the Guangzhou State-owned Assets Supervision and Administration Commission also helped the company to share the market of nearly 6 billion LED street lamps in Guangdong.
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