In the coming 2016 years, a lot of magnesium oxide suppliers are considering development plans of transformation. But for many enterprises, the transition will decide the enterprise’s future and destiny. If transformation goes well, suppliers will continue prosperity. But if transformation failed, enterprise will face close down. It is important to say that innovation is a shortcut road for magnesium oxide transformation.
In general, transformation of successful companies have something in common. Enterprise put existing main business as the core, use their own core technology as the magic weapon, by extending the industrial chain, looking for new opportunities in upstream and downstream, then layout of the new industry. Take Meishen Technology as example, it is a private enterprise before, but now it is a leading company in chemical industry, realized magnificent turning. This transformation is the depth extension of enterprise technology innovation ability and technology transfer ability.
Innovation is the biggest opportunity for the transformation of enterprises, and lacking of innovation is the biggest difficulty of transformation. Transformation depends on strong technology strength and the appropriate opportunity. Such as Meishen Technology, because the technology has been foreign company monopoly in the past, from technical research and development to production, we had passed through a dozen years, to really go out of the situation of monopoly by foreign high-end magnesium oxide.