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Dongguan cutting tools are going nationwide! Over 110 Dongguan companies are looking to capitalize on the 2024 ITES Shenzhen Industrial Exhibition.
Created on 2024.04.03
Dongguan cutting tools are going nationwide! Over 110 Dongguan companies are looking to capitalize on the 2024 ITES Shenzhen Industrial Exhibition.
东莞+2024-03-31 11:46:44
From March 28th to 31st, the four-day 2024 ITES Shenzhen International Industrial Manufacturing Technology and Equipment Exhibition was held at the Shenzhen World Exhibition & Convention Center. The Dongguan Municipal Bureau of Commerce, in conjunction with the Dongguan CNC Cutting Tool Industry Association, the Dongguan Hardware Machinery and Mold Industry Association, and the Dongguan Electronics Industry Association, organized over 110 companies to participate in the exhibition, covering an area of over 5,000 square meters, promoting Dongguan cutting tools to the national market. Since its inception in 2000, the ITES Shenzhen Industrial Exhibition has served as a "barometer" of the equipment manufacturing industry, showcasing the innovative development achievements of the manufacturing sector. Continuing its platform value as an "industry trendsetter," the opening show of the ITES Shenzhen Industrial Exhibition featured hundreds of new products from leading domestic and international brands, including global debuts, China debuts, and South China debuts.
At this exhibition, the Dongguan CNC Tooling Industry Association delegation, including well-known brands such as CITIC Bang Tools, Guanmao (Zhengjia Precision Machinery), Huizhuan Machine Tools, Chuanrun CNC Tools, and Kennametal, held on-site new product launches. They showcased CNC grinding machines, cemented carbide materials, high-precision milling cutters, high-speed drills, and crown drills, demonstrating the breakthroughs of Dongguan enterprises in innovative technologies and application solutions, becoming a major highlight of the exhibition.
According to the Dongguan Municipal Bureau of Commerce, the Dongguan delegation achieved fruitful results during the four-day exhibition. Preliminary statistics show that Dongguan exhibitors secured intended transactions totaling 1.053 billion yuan. This achievement demonstrates the strong strength and market competitiveness of Dongguan's CNC cutting tool industry brand exhibitors. "The Dongguan CNC Cutting Tool Industry Association delegation has already signed contracts worth 91.5 million yuan on-site, and the intended transaction amount reached 231 million yuan on the second day of the exhibition. We didn't expect this exhibition to be so successful!" said Wang Baiqiang, Executive Chairman of the Dongguan CNC Cutting Tool Industry Association.。
At the exhibition, the company signed important strategic cooperation agreements with other enterprises, and the total transaction amount for precision equipment such as CNC forming grinding machines, external cylindrical grinding machines, and centerless grinding machines reached 31.5 million yuan.
Most companies' CNC cutting tools have been favored by numerous customers, with strategic cooperation agreements reaching 10 million yuan. It was learned that, to further promote the "Guangdong Trade Nationwide • Dongguan Manufacturing" initiative, encourage enterprises to actively participate in the domestic economic cycle, and help them expand their domestic sales market, the Dongguan Municipal Bureau of Commerce officially released the "Implementation Rules (Trial) for Supporting High-Quality Development of Integrated Domestic and Foreign Trade in Dongguan" this spring, as a supporting document to the Dongguan Municipal Government's "Document No. 1," proposing incentive policies for new product launches and domestic exhibition platforms. The Municipal Bureau of Commerce stated that this year it will continue to cooperate with industry associations to carry out the "Guangdong Trade Nationwide" and "Guangdong Trade Global" Dongguan series of activities, providing high-quality services for enterprises participating in domestic and international exhibitions.
Text: Chief Reporter Cao Lijuan Photos: Provided by the Municipal Bureau of Commerce Editor: Wang Baoguang
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