A few days before New Year's Day in 2022, Sheen Technology held the end of year review meeting. General Manager Mr. Chen made a summary report at the meeting.
For the last year, Mr.Chen commented: In the last year, with the joint efforts of all employees of Sheen Technology, the sales goal, profit goal, quality goal and other goals have all been successfully achieved. This is the hard work of all Sheentec employees. The company's revenue exceeded 31 million USD, and the quality of the products has also been greatly improved compared to the previous year: the batch pass rate of the products has reached 99.49%.
In the last year, Sheentec has increased investment in equipment. Sheentec added 1 new energy vehicle controller assembly line, 1 DIP line, and 3 sets of new equipment, including the Yamaha high-speed placement machines, two sets of wave soldering machines. In addition, Sheentec invested in the establishment of a new energy vehicle research and development center, a new energy vehicle controller test laboratory, and 2 test benches. The company passed the TS16949 system certification for the first time, laying the foundation for opening the sales of current automobile products.
The Sheentec's new energy vehicle (the electrical car) controller has been mass-produced and successfully entered into the supply chain of Shandong Byvin Automobile Manufacturing Company, one of the largest low-speed electrical vehicle manufacturers in China. Therefore, Sheentec has formed a solid foundation in the low-speed electric vehicle controller market, knocking on the door for sales promotion in the upcoimg year.
While reviewing the achievements in 2021, general manager Mr. Chen also pointed out the existing problems and potential solutions in terms of product production, quality control, and supplier management. He also set the exciting goals for the coming year.