In 2024, Mwelding Technology achieved remarkable success. With the united efforts of all employees, the company successfully exceeded the annual sales target. The number of key accounts increased significantly by 48%, and the market share increased remarkably by 36%. Thus, a double leap in business performance and the number of key accounts was achieved, bringing a wonderful end to this year.
Looking back on the past year, Mwelding Technology has risen strongly in the fierce market competition. The rapid growth of the number of key accounts fully demonstrates the excellent quality and strong charm of the company's products and services. The favor of each key account is a strong driving force for Mwelding Technology to keep moving forward. At the same time, the significant increase in market share is due to the company's accurate judgment of the market and profound insight into customer needs. Through continuous innovation of products and optimization of services, Mwelding Technology has established a good brand image and won wide acclaim from customers.
In 2024, the technical research and development team of Shanghai Mwelding continued to exert efforts and continuously launched innovative products and solutions, laying a solid foundation for business growth. The all-position built-in wire feeding pipe welding equipment, sealed welding pliers, tube-sheet automatic welding equipment and special machine equipment such as pipe flanges developed by the company have received extensive praise in the market for their efficient, accurate and stable performance characteristics. In particular, the special welding machine for radiator cluster condenser tubes has become one of the company's star products with its unique technical advantages and excellent welding effects, and has applied for a national patent, winning a good market reputation and economic benefits for the company.
In addition, the company also pays attention to the optimization and upgrading of products. According to customer feedback and market demand, existing products are continuously improved and perfected. For example, in the closed pipe welding equipment MWF-80 and the open pipe welding equipment MWG-170, the double-dense air humidification design and the gapless gear transmission structure design are respectively adopted, effectively improving the welding protection effect and the stability of equipment operation, further enhancing the market competitiveness of products.
The glorious achievements in 2024 are an important milestone in the development history of Mwelding Technology. This year, we have witnessed the hard work and struggle of the team and felt the trust and support of customers. Behind each achievement is the wisdom and sweat of the people of Mwelding Technology.
Looking forward to 2025, Mwelding Technology is full of confidence and expectations. We will continue to adhere to the business philosophy of "customer-centered and quality as life", continuously improve product quality and service level, and create greater value for customers. Increase R & D investment, launch more innovative and competitive products to meet the constantly changing market needs. Strengthen team building and cultivate more outstanding talents to provide a solid guarantee for the company's sustainable development.
In the new year, Mwelding Technology will meet new challenges and create new glories with fuller enthusiasm and firmer beliefs. Let us work hand in hand and strive for the beautiful future of Mwelding Technology! We believe that with the joint efforts of all employees of Mwelding Technology, 2025 will surely open a more brilliant new chapter in development.
