On this hot August summer season, it reminds me back 19 years ago in 1996 when I first step foot in China. During then, Leoco was one of the six Taiwan ventured companies in Wujiang.
Even now, Suzhou is still an area with abundant business opportunities. Back then, all our employees were working in a rented Leoco factory, we worked extremely hard servicing our customers and in a short period of time, we now have our own land and LEOCO factories. In Year 2008, we expanded 2nd storey of this building, and in Year 2010, we have our 2nd production facilities. Our overseas facilities in USA and INDONESIA has also been expanding both in production and sales revenue year on year. This is the same philosophy and visions of our founder, Mr. Leo Ho when he started this company with only 5 employees in Year 1981.
During this 34 years, LEOCO has continuously achieved new heights and even when we were faced with the bursting of the internal bubble in Year 2002 and economy crisis in Year 2008, our sales revenue still continue to climb.
How did we managed to do that? Let me share with you the 4reasons behind this success.
[1] Worldwide support
[2] True Manufacturer
[3] Dedicated in core business
[4] Long term partnership
Regarding worldwide support, LEOCO Group have 2 main production facilities in Suzhou, Indonesia, and sales office in Singapore, and the facility in USA California as well as sales representatives located in Europe and logistic partners in the East Europe providing flexibility in supply of products to our customers.
Regarding True Manufacturer, from product design, quality control and mass production, we believe that in this competitive marketplace, only vertical process integration can generate profit and ensure quality to our customers. As such, LEOCO Group strongly insist that all these production process must be controlled in-house along with our test laboratory to ensure good quality products to our customers.
Regarding core business, we do not invest in outside companies. We instead re-invested quite a part of profits into equipments and technologies, working closely with our customers to build our core competence and bring values to our customers.
Regarding long term partnership, this is our pride of company’s culture. All our employees in LEOCO Group are like our family members. We grow, share our rewards and work hard towards achieving a common goal. This can be said for management personnel who have been with us for over 15 years. Our top 20 customers have been with LEOCO Group for more than 10 years. We build our trust and support, we do not forsake the short-term benefits for long term relationship. We support our customers, grow together to enjoy the fruits of our success.
In summary, I believe LEOCO grow with our employees with our core values which are.
[1] Innovation
[2] Ingenuity
[3] Integrity
I am confident of our future. I believe LEOCO will create another chapter soon, by the hard work of our team. Once again, thanks everyone’s devote to our company. Let’s encourage each other for our future success.
