Designed and constructed in the same year, Jilin Tianlangs 400 million new factory was put into operation in the same year, showcasing Chinas speed
On the morning of January 18, 2024, in the beautiful "Spring City of the North" of Changchun City, more than 400 representatives from suppliers, distributors, agricultural machinery management units, and agricultural machinery media from all over the country witnessed the completion of the Tianlang new factory.
It is reported that Tianlang started investing in the construction of a new factory area on April 10, 2023, with a total planned investment of 400 million yuan, covering an area of 160 acres and a building area of 64000 square meters. So far, it has been basically completed. The completion of Jilin Tianlang Agricultural Machinery Industrial Park achieved the design, construction, and production of the same year, perfectly demonstrating China's infrastructure speed.
Chairman Wang Xuezhong stated that the Tianlang Industrial Park has installed intelligent ultra large painting lines, automated assembly lines, and complete sets of digital processing equipment. After the operation of the industrial park, it will form an annual production capacity of 20000 sets of intelligent agricultural machinery equipment, providing leading basic conditions for Tianlang to fully implement the national grain loss reduction and income increase strategy, and advance towards high-end fields such as low loss, high net intelligent corn harvesting, and straw feed bundling.
It only took 8 years from a few million to 300 million
On the afternoon of January 18, 2024, at the Jilin Tianlang Agricultural Equipment 2024 Business Annual Conference with the theme of "Gathering Momentum, Winning the New Situation", Chairman Wang Xuezhong shared the growth process of Tianlang.
In 2016, Tianlang officially entered the agricultural machinery industry, mainly researching and producing straw feed bundling machines. During the development process, Tianlang seized the opportunity of the national policy of "straw burning ban" and comprehensive utilization subsidies, coinciding with the favorable opportunity for the rapid development of animal husbandry, and achieved consecutive years of doubling growth.
Since entering the agricultural machinery industry in 2016, Tianlang has obtained more than 40 patents and completed more than 100 research and development innovations. In 2023, the newly upgraded "Grass King" was launched on the market, with a scientific structural design of "three crushing, three kneading, and five soil removal", ensuring excellent operational indicators of straw processing silk rate exceeding 90%, picking rate exceeding 97%, and straw soil content less than 2%, making it a popular product in the market.
Focus on new products and rebuild confidence
Affected by factors such as the upgrading of National IV emissions, declining subsidies for purchasing machinery, and cyclical changes in product demand, the agricultural machinery market will experience a significant decline in 2023. According to incomplete statistics, in 2023, the sales of bundling machines decreased by more than 45%, and the sales of corn harvesters decreased by more than 25%. Faced with the general trend of market decline, Tianlang cannot stand alone. Although sales have declined, the market share of Tianlang balers has increased by 6 percentage points, proving that user trust in Tianlang balers is still steadily increasing.
General Manager Wang Yan stated at the business meeting that this is an era of internal competition, a stage of industry reshuffle, and an important key node for a strong restart in the future. Faced with the cold current of the market and economic recession, Tianlang will continue to focus on product innovation, with straw comprehensive utilization equipment as the main line and harvesting machinery and post-processing machinery as diversified development paths, actively building the entire industrial chain, achieving a closed loop of mechanization and industrialization from planting to harvesting and post-processing stages.
Based on thorough market validation, Jilin Tianlang has launched multiple new products in 2023, including the "Xintianlang" 6-way rope large bundle, high-density round bundle machine, and 5 corn harvesters, around the corn mechanization industry, forming a complete product series and comprehensively enhancing its core competitiveness. At present, the Tianlang Dafang bundling machine has completed prototype field trials and will be produced in small batches for the national market in 2024.
In addition to launching new products, Jilin Tianlang will also optimize internal management through various means such as implementing management integration, optimizing financial management, and deepening the use of management software, in order to reduce costs and increase efficiency. To this end, Tianlang has hired an excellent consulting company from across the country to start a six-month internal control management project, sorting out the process framework, proposing internal control defect issues, discussing and determining the rectification plan and plan for internal control defects, implementing the OA system, establishing process permissions, and system forms. Even as early as the beginning of 2022, well-known domestic accounting firms began to provide guidance to the Tianlang factory. By the end of 2023, the audit and evaluation of the stock reform were successfully completed, and a founding meeting was held to establish a joint-stock company.
