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Jianfan to double speaker output in October

Posted: 27 Apr 2004 ?? ?Print Version ?Bookmark and Share

Keywords:shanghai jianfan automotive components? speaker?

Shanghai Jianfan Automotive Components Co. Ltd is expected to double its annual output of speakers after its new factory in Yixin, Jiangsu becomes operational in October this year.

"We plan to increase our annual output once our new factory starts its run. Our production will jump from 300,000 to 600,000 units of speaker basins, from 4 million to 10 million units of speaker cones and from 100,000 to 200,000 sets of speakers a year," announced Pierce Wang, general manager.

Jianfan invested $700,000 into the 6,000-square-meter facility in Yixin. Once the construction is completed, the facility's total space will reach 10,000 square meters. It will also employ about 300 workers and 10 R&D staff.

Established in 1977, Jianfan is engaged in the development and manufacturing of speakers, speaker cones, computer speakers and surround-sound speakers. At present, the company's average annual sales top $50,000. It started exporting last year and currently ships 70 percent of its output overseas.

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