"Global Vision, Setting Sail! — Insights from Open's President Mr. Chen Ming on Global Expansion"
2024-06-13 11:13A great deal of attention has been paid to the actions taken by construction steel structure enterprises to "go global" and enter foreign markets in light of the changing local industry trends and international dynamics in recent years. Tens of thousands of tons of steel structure goods have been exported by Shanghai Open Steel Structure Co., Ltd. to date. The company has also established subsidiaries in Europe and South America. What insightful knowledge and priceless experiences do they possess in relation to their global expansion?
Mr. Chen Ming, President of Open, was recently interviewed by the Shanghai Metal Structure Association.
Drawing on the Experience of Foreign Enterprises
"We have helped international businesses set up plants in China during the last 20 years. "We will assist Chinese businesses in 'going global' over the next 20 years," Mr. Chen Ming said movingly. Despite Open's lack of prior international business expertise, the knowledge acquired from foreign engineering businesses' entry into the Chinese market has been extremely helpful to Open's current worldwide expansion.
Expanding into International Markets
Mr. Chen Ming believes that "Chinese construction companies must serve as the management organization for Chinese businesses that invest in and develop factories abroad. This entails working with local labor, importing specific materials, interpreting documentation, modifying design drawings to satisfy international standards and needs, and more. We can only improve project quality, progress, and cost control by constructing strong communication channels. This is similar to how foreign businesses entered China some decades ago."
OPEN has established a company in Europe, employing local engineers to carry out structural design according to European standards. These engineers hold the qualifications necessary to sign off on and issue drawings on-site.
We have established excellent collaborative relationships with local design institutes and supervision units, working closely together.
We have developed relationships with numerous local suppliers, enriching our supply chain system.
The steel structure products manufactured by OBEN have obtained the European CE certification.
We have established a company in South America and formed a construction management team. In the future, we will continue to expand into the markets of North America and Southeast Asia.
Leveraging the Advantages of Chinese Enterprises
Mr. Chen Ming stated, "What gives us value is creating value for our customers." This serves as both his philosophy and the foundation for Open's growth.
Due to the low cost of raw materials and the effective production of our processing plants, Chinese steel structure goods are very competitive and offer great quality at reasonable costs. These benefits are especially noteworthy. There is a serious shortage of steel production capacity in places like Europe and South America, and it is even harder to locate factories that can weld H-beams. As a result, purchasing steel construction goods from China is an affordable option. Furthermore, several nations allow Chinese labor to be used, which increases the effectiveness of building projects abroad.
Steel structure products are shipped from Open's factory to overseas projects.
Innovation Never Stops
Mr. Chen Ming expressed, "Although the global market is vast, the Chinese market is fiercely competitive, and our enormous production capacity urgently needs an outlet." At Shanghai Open Steel Structure Co., Ltd., we are willing to share our experiences and insights on overseas expansion with industry colleagues. By joining forces, steel structure companies can "go global" and explore broader horizons.
Expanding into international markets presents numerous challenges and intense competition. It is crucial for us to maintain our competitiveness through continuous innovation.
At Shanghai Open Steel Structure Co., Ltd., we have always emphasized structural innovation, consistently developing more cost-effective and customer-oriented construction products. For instance, Europe has stringent fire protection requirements for steel structures, and fireproof coatings are expensive. In response, we developed the "CS-Frame" to replace the traditional PC column, meeting fire protection standards while offering cost advantages. This innovative column has been recognized by local design institutes, exemplifying our commitment to creating value through innovation.
Reinforced CS-Frame Column
The Roof Loading-Bearing Sheet Passed Fire Resistance Tests
"Starting with customer needs and ending with customer satisfaction." Faced with the vast prospects of overseas markets, Open will leverage its robust R&D, design, manufacturing, and installation capabilities, along with efficient operational management, to support the global industrial layout of Chinese enterprises.