on Jan 15th，the year-end summary meeting of Kstar International Market Center was held in Guangming, Shenzhen. The chairman of the group, product line representatives of the R & D department, supply chain representatives, financial representatives and all employees of the market center attended the meeting. The head of the overseas office participated in the video conference. It is not only a day for the Group's international team, to sum up, the group's performance in 2019, but also a day to plan for the future.
We made progress, but we still have work to do.
First, the group Liu Dong delivered a speech. He said，Kstar made a progress even though the international situation in 2019 is not optimistic, but we still have work to do. I hope that in the coming year, we can strengthen the promotion of advantageous products, provide customers with more advanced data center integrated solutions, and enhance Kstar global competitiveness.
“In order to enhance the company's organizational advantages and implement the "customer-oriented" purpose, the Group hired professional management consultants in 2019 to reform and optimize the company's existing R & D structure and marketing system. This will greatly improve the work efficiency of each center, make full use of existing resources, and promote the company's stable development.” Liu said.
Take it one step further
Mr. Yao and Mr. Ye, the International Market Executives of Kstar, also attended the meeting and gave speeches. Mr. Yao said that Kstar has demonstrated its strong strength in the context of Sino-US trade friction and slowing economic development: total shipments in 2019 increased by 28.23% year-on-year, and its market share ranked sixth globally. Among them, the growth rate of total shipments of data center products reached 26.86%, which is much higher than the global average growth rate of 6.3%. Advantageous products have achieved more than 50% growth, such as high-frequency 3 phase UPS, the growth rate reached 74.62%, transformerless UPS increased by 67.97%, especially integrated data center solutions: IDU, IDM and precision air-conditioning products, the growth rate reached 175% in 2019.
Secondly, affected by the global market boom, the photovoltaic products’ total shipments increased by 26.13% year-on-year, ranking firmly in the top ten worldwide. Although the growth rate is fast, there is still a certain gap between the growth rates of the top five international companies. How to open up more markets, strive for more shares, and become a first-class status? This is what we should think about. Said Mr. Yao. New Energy Executive, Mr. Ye answered the question by looking back in 2019. “thinking about Kstar’s strengths, weaknesses, opportunities, and threats in 2019, We made a plan, guiding the team to execute the strategy and achieve the goals.” He said.
Strengthen team building and make better future
After that, the heads of the first, second, third, and fifth departments and sales representatives of each department summarized the performance of last year and made plans for the next year. Focusing on the company's strategic goals and strengthening team building, all people are dedicated to promoting the group's globalization.
The last item of the meeting was the interactive session. Everyone communicated across departments on problems encountered in their work and brainstormed solutions to problems and optimized organizational processes. Finally, in a warm atmosphere, the year-end meeting of Kstar International Sales Center 2019 ended.
2019 has gradually drifted away, and 2020 is around the corner. No pain, no gain. Let us work together to create greater glories!