This Is The Connotation Of Specialization And Innovation

Many times, when we look at a company, we first look at its scale, but in fact, we should look at its technical strength and profitability. It is better to be the head of a chicken than the tail of a phoenix. To achieve "big and complete" requires huge capital and technical investment, and "small and beautiful" may be the best choice for our small and medium-sized enterprises. The "key to wealth" of an enterprise is to follow the policy. In the era of promoting the construction of "specialized, refined, special and new" enterprises, the development opportunities of small and medium-sized enterprises have come.

What is "specialized, refined, special and new"?

"Specialized" means specialization, focusing on niche areas, owning patented technologies, and having unique advantages in the industrial chain. Take Pacific Tools as an example. It has been focusing on woodworking tools for more than 30 years, has 56 patents, and is determined to become a respected global straight-edged tool expert.

"Precision" means proficiency in casting fine products, exquisite craftsmanship and refined enterprise management, and the company has core competitiveness.

"Special" means uniqueness. In today's overcapacity, personalized products or services have market power, including soft power such as corporate culture and social responsibility.

"New" means new technology, new model, and new products. Continuous innovation, with independent intellectual property rights, small enterprises can also change lanes and overtake.

Small and medium-sized enterprises account for 90% of market entities, and are the most active and large market entities and employment entities, with broad paths and active thinking. For our small and medium-sized enterprises, it is the first priority to strengthen their focus, and only by focusing can they become experts. As a high-tech enterprise in the field of woodworking tools, we must be brave to take responsibility and become a specialized and innovative small giant.