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Kaifa Convened the Third Quarter 2014 Operating Report

Release Time:2014-10-28

On October 17, 2014, Kaifa convened the third quarter of 2014 management report.Relying on strong technical support, the business orders of Metering Systems Business Unit (MSBU) from the Netherlands and Italy are expected to begin shipping in December this year. And MSBU had steadily been supplying a number of new orders to South East Asian markets. Meanwhile, MSBU was expected to get a few projects from European countries.Commercial & Industrial Business Division (CIBU) had actively been exploring new markets and developing new customers. Taking the traditional markets barriers into account, Kaifa adjusted the marketing strategy, focused on micro-payment, third-party payment and other new markets. Kaifa would launch the independent research and development products applicable to taxis, supermarkets, university canteens and other environmental products.The co-development projects of Medical Devices Business Division (MDBU) with foreign customers were steadily developing. The variety of new products which Kaifa involved in the research and development were expected to have mass production late this year or early next year. It marked that the medical products capacity and technical strength of Kaifa had been further enhanced.Currently, the development of Thailand factory renovation project completed and the development of Malaysia factory construction developed smoothly. With home construction and improvement of the various branches, Kaifa business had been developing continuously.