Friday, August 18, 2017 2:07:53 AM
some remarks:
The Chinese are really fast and willing to pay for quality and they have the money to do so...
China's 5 year plan (started 2016):
?Made in China 2025: Moving from basic manufacturing to high end production centre with innovation, similar to the German industry 4.0 plan involving robotics, internet of things and 3D printing [9:10]
China's manufacturing standards are mostly based on German standards and Chinese companies like German technology and equipment and of course also cars (e.g. Siemens is very strong in China).
This is also the reason why SGLB is now asked to upgrade there hardware to lets say Trumpf / Siemens / German standards.
In the last 10Q Hunan Farsoon Technologies is still listed.
This company is located in Changsha in central China, I was working there for more than one year for a Chinese Design Institute as a Design manager representing the German investor to build a new metal powder production plant in Ganzhou.
Farsoon is already cooperating with Prodways and SSL from Germany.
So I know many production companies there and in whole China.
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