On the morning of August 18, the groundbreaking ceremony of the headquarters and manufacturing base projects of Guangdong Gospell was hosted. A comprehensive park combining production, R&D and operation will be built in the future. The company is expected to emerge as a world-class power supplier with an estimated annual production value of 3 billion yuan after being put into operation. The event was attended by Ouyang Nanjiang, Deputy Secretary of the Party Working Committee and Director of the Management Committee of Songshan Lake, Huang Jingquan, Member of the Management Committee of Songshan Lake and other people in charge from other government departments and enterprise representatives.
Guangdong Gospell Digital Technology Co., Ltd. was founded on January 21, 2019 with a registered capital of 100 million yuan. The company specializes in production and sale of ICT power, Power over Ethernet (PoE), power supply for industry and power supply for servers and its products are well-received both home and abroad.
In July 2019, the headquarters and manufacturing base projects of Guangdong Gospell were elected as one of Dongguan’s major projects last year, and were highly valued and recognized by the People’s Government of Dongguan Municipality and Songshan Lake Hi-tech Industrial Development Zone. It is anticipated that by 2022, the company will build a Gospell park in Songshan Lake that combines production, R&D and operation. Intelligent manufacturing system will be gradually introduced after completion of the park to realize automatic production.
15% growth was realized in the first half of the year
“Guangdong Gospell Digital Technology Co., Ltd. is a wholly-owned subsidiary established by Shenzhen Gospell Digital Technology Co., Ltd. in Songshan Lake and will mainly bear the subsequent transfer of digital industry of Gospell.” Lin Haiyang, General Manager of Guangdong Gospell Digital Technology Co., Ltd., introduced so in his address.
Lin Haiyang, General Manager of Guangdong Gospell Digital Technology Co., Ltd., gave a speech.
Over the past decade since its founding, Gospell has been focusing on the development of its main businesses and dedicated to building platforms for its self-owned technologies. It has applied for over 70 patents and formed five categories of products. It has built manufacturing factories of high standards and its staff have been working conscientiously to boost rapid development of the company. The compound annual growth rate of the company over the past ten years exceeds 30% with its annual sales in 2019 reaching 1.2 billion yuan. The company still managed to realize a 15% growth in its orders in the first half of the year under various unfavorable conditions in its development this year.
“The company was founded in Shenzhen and Singshan Lake is adjacent to Shenzhen with distinctive geographical advantage, sound supporting facilities and rapid economic development. Government departments of Songshan Lake also attach great importance to the development of enterprises and provide quality services and strong policy support. We still find that Songshan Lake can best meet our company’s development requirements based on our thorough research on neighboring cities and provinces,” said Lin Haiyang.
According to Lin Haiyang, the construction of the entire project will take about two years. Based on the growth expectation, the company is expected to expand its sales to 3 billion yuan within three years and Gospell will be built into a world-class power supplier.
Injecting fresh impetus into the industry development of Songshan Lake
Huang Jingquan, Member of the Management Committee of Songshan Lake, expressed wishes to Gospell in his address. He hoped that under the conditions of ensuring safety production and construction quality, Gospell will steadily advance construction of the project, complete and put the project into operation as planned and extend to a new level in its future development. It is also hoped that the company will explore new areas in combination with its own advantages so as to inject fresh impetus into the industry development of Songshan Lake and new momentum driving high-quality development of economy.
Huang Jingquan also introduced to the present entrepreneurs about Songshan Lake’s series moves to support business development. He expressed that Songshan Lake has specially designated land for industrial purposes available for development with an area of 8.3 square kilometers, built a headquarters base for listed enterprises and provided “low-cost” space. A business environment more conducive to development of enterprises has been created in Songshan Lake, a paradise for entrepreneurs to achieve success in career, create wealth and pursue happy living.