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MY CHINA PLUS is the first Virtual Warehouse all-in-one to distribute on Chinese / Asian markets in an easy, effective and economical way in Shanghai New Free Trade Zone.

The solution, based on Food & Beverages distribution platforms activities and experience, is designed for manufacturers / distributors who wish to have direct support in their business operations, promotion and distribution also without the need for a corporate presence in China.

How does My China B2B PLUS?

  • 1) SETUP: with My China B2B support, the company defines the space and the type of products that will store (temperature controlled, Fresh, Frozen)

NB: The warehouse is into the Shanghai FREE TRADE ZONE. This allows that stored products to pay duties and taxation only when they have been sold!

  • 2) SEND PRODUCTS: The company sends by sea the items to be stored in the warehouse in China.
    • For products without Chinese labeling:
      • Simultaneously with the product sending, are activated for the incoming products, the procedures with the Chinese authorities for obtaining the Chinese labels.

      • Upon arrival and during storage, products labeling  with Chinese labels

NB This allows to sell immediately the products on the Chinese market (competitive advantage - Ready to Sell) and also be used in fairs / exhibitions as Chinese products, with a big reduction of costs if the same products are shipped from their own country to the same exhibition (about 800 € every 100 kg).

  • 3) MANAGEMENT: Remote monitoring of Virtual Warehouse Platform by My China B2B PLUS Tools.
    • Movement Managing of the stored goods  (in / out)
    • Transfer / transport to other Chinese locations and Asian nations (for fairs, events, sales).
    • Tours of potential buyers (Showroom) to touch the stored products before buy.
    • My China Desk support for all logistics management activities and business relationships with potential buyers / distributors
    • Storing also in other Chinese locations (as needed)

Benefits for MY CHINA PLUS customers :

  • Only one point of contact in english / chinese language for all procedures (logistics, distribution, commercial) and documentation (invoices, documents, etc. ..)
  • Cutting costs (and time) about fairs, exhibitions, workshops and tasting organization, sending samples / products in China and neighboring Asian countries (Hong Kong, Singapore, Japan, Korea etc ...) .
  • "READY TO SELL" competitive advantage directly in China for your business
  • No tax: Stored goods Taxation only when really sold
  • Chinese Labels: Quick management for Chinese product labels
  • Simplified management of your distributors directly in China and multi / distributors with a single national stock
  • Pay per Use for your warehouse in China
  • Showroom activity for buyers product overview and tasting
  • Transparent management of all steps
  • Monitoring direct from your own country

Choose "the PLUS" more appropriate for your distribution needs in China and Asia!

For information or contact: [email protected]

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Tuesday, 16 July 2019
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Sep 27
2010

Solar Energy: Yingli Green Energy scales up its output

Posted by: My China B2B

Tagged in: Yingli , Solar Energy , Panel , FIFA 2010 , China , B2B

My China B2B


High demand from overseas prompts move to increase production capacity

Yingli Green Energy Holding Company Ltd, one of the world's leading solar panel makers, is planning to increase its production capacity by at least four times to meet strong demand from overseas markets.

"We will continuously enlarge the scale of our production since we received orders for 4 gigawatts (gW) for 2011 by the end of June. The current production capacity is expected to just exceed 1 gW," Bryan Li, chief financial officer of Yingli, told China Daily.

The New York-listed company began construction of a 100-megawatt multi-crystalline silicon solar cell manufacturing plant last month in Hainan province at a cost of 770 million yuan. The new plant is expected to be completed by May 2011.

"Our company will also co-opt some qualified subcontractors to help us meet increasing demand from international markets," said Li, declining to reveal further details.

As an export-oriented private photovoltaic (PV) cell producer, 90 percent of Yingli's products are now exported to the United States and Europe every year. Last year Yingli controlled nearly 10 percent of the solar market of Germany, the country that boasts the world's largest photovoltaic module market.

However, analysts said the PV market in Germany and other European countries may face a major downturn in the second half of this year due to the cutting of government subsidies in the PV industry.

Li said that Yingli would not be affected because the price of polysilicon, the main raw material for the making of photovoltaic solar panel, was also going down.

Meanwhile, Fine Silicon, Yingli Green Energy's affiliated polysilicon manufacturing facility, began operations in August. It has an annual production capacity of 3,000 metric tons .

"For companies like Yingli which possess the whole production chain, profit margin will not be compressed," Li said.

According to Yingli's quarterly financial report released on Aug 19, its second quarter net income climbed to 217.8 million yuan, compared with the first quarter's 190.9 million. Yingli's gross margin reached an historical high of 33.5 percent in the second quarter.

However, the depreciation of the euro is eating into the profits of export-oriented solar cell makers.

Since the beginning of this year, the euro has dropped about 15 percent against the US dollar. In the second quarter of 2010, Yingli had lost 158.6 million yuan mainly due to euro volatility.

Li said the company was tapping potential markets in India, Australia and the US to reduce its reliance on European clients.

Yingli also plans to raise prices to balance out the currency exchange loss, Li said. The company will increase the price by about 3 to 5 percent, which is expected to bring in around $50 million to $80 million of additional earnings.

"That is more than enough for us to sponsor another FIFA World Cup," said Li. Yingli was the first Chinese enterprise and also the first renewable energy company in the world to sponsor the soccer tournament in South Africa this year.

Thanks to the sponsorship, the market value of Yingli increased 48.6 percent to $612 million by the end of July.