Stock Code: 300394
Subsidiaries
On November 8, the highly anticipated 2024 (18th) China Optical Communication Development and Competitiveness Forum (ODC’2024) and the Award Ceremony of the Top 10 Most Competitive Enterprises in Global | China Optical Communication were grandly held at the Suzhou International Expo Center.
During the conference, the global | China Top 10 Most Competitive Enterprises in Optical Communication selection activity jointly sponsored by the Asia-Pacific Optical Communication Committee and the Network Telecom Information Research Institute officially released the latest list for 2024. TFC COMMUNICATION Co., Ltd. once again ranked among the "Top 10 Most Competitive Enterprises in China's Optical Devices and Auxiliary Equipment in 2024". This is the seventh consecutive year that TFC COMMUNICATION has received this honor since 2018. What is the secret to the development of TFC COMMUNICATION? With these questions in mind, we interviewed Ms. Ou Yang, General Manager of TFC COMMUNICATION Co., Ltd.
Twenty Years of Forging Ahead through Thick and Thin
Ms. Ou Yang stated that since its establishment in 2005, the company has been forging ahead through thick and thin for twenty years. Especially against the backdrop of continuous trade frictions and the complexity of geopolitics in recent years. For Chinese enterprises to set up factories overseas, this process is full of numerous challenges. The costs of going global are increasing day by day. Cultural integration, material shortages, and personnel training all mean additional costs. Moreover, they also have to cope with the pressures in aspects such as supply chain management, policy compliance, tariffs, and logistics. At the same time, there is severe internal competition in China, and labor costs are rising steadily, which poses a challenge to the survival of product lines.
Facing Difficulties, Do What One Should Do and Excel in What One is Good at
In terms of what can be done and what cannot be done, TFC COMMUNICATION has always maintained a clear strategic positioning. First, it has a clear enterprise positioning. Ou Yang said that the growth gene of TFC COMMUNICATION is the research, development, and manufacturing of ultra-precision products. The company has always maintained the rigor of its processes in large-scale mass production and has pursued the ultimate in product consistency and reliability. This stems from the expertise and proficiency of the company's founder and Chairman, Zou Zhinong. Second, after the company went public, through three mergers and acquisitions, three rounds of financing, and nineteen years of rapid development, TFC COMMUNICATION has currently formed two major core business segments, including the overall optical device solution business and the advanced optical packaging business.
"The Craftsmanship of TFC COMMUNICATION Aims for Perfection" is the Company's Culture
During the initial establishment of the company, facing foreign technological monopolies, TFC COMMUNICATION made solid progress, persevered in achieving technological breakthroughs and process innovations, meticulously crafted every process, and dedicatedly produced every product.
Nowadays, with the rise of new application fields and new technological directions such as AI artificial intelligence and silicon photonics technology, the company needs continuous technological innovation and R&D investment to maintain the technological leadership of its products and meet customers' needs. "We invest nearly 8% of our annual sales revenue in R&D," Ou Yang introduced. Facing the changing market and new demands, TFC COMMUNICATION has R&D teams in various disciplines and specialties, including various materials, optics, mechanical structures, packaging, etc., owns various independent intellectual property rights, and has formed a multi-level R&D system covering basic technology research, pre-research of new projects, new product development and design, process platform implementation, reliability testing and verification, etc.
During the communication, Ms. Ou Yang mentioned many times that "every enterprise should meticulously grind its own cup of coffee". She said, "Nowadays, Starbucks coffee shops are everywhere in cities all over the country and even all over the world. The real reason why customers want to go to Starbucks is the good experience of the fragrant coffee. In fact, the way for every enterprise to survive is also very simple at its essence, that is, to produce good products for customers."
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