Fujian Furi Electronics Co.,Ltd (600203.SS) Bundle
Founded in 1998, Fujian Furi Electronics Co., Ltd. operates a 6,000‑square‑meter factory with over 200 employees and a product portfolio spanning kitchen, pocket, hanging, precision, postal, parcel, wheelchair, bench, shipping, waterproof and bathroom scales, backed by China Metrology Certification No. 00199 and ISO 9001:2008 quality accreditation; the company reported a headline revenue of ¥32.6 billion in 2022 and substantiates its growth strategy with a ¥2.5 billion R&D investment (about 7.7% of revenue) while committing to a 20% carbon‑emissions reduction target by 2025 and allocating further resources - including a ¥300 million budget next fiscal year and a plan to launch at least five new products annually - to drive international expansion and capture an additional 15% global market share over the next five years.
Fujian Furi Electronics Co.,Ltd (600203.SS) - Intro
Overview- Founded: 1998
- Type: High‑tech enterprise - R&D, manufacture, sales of electronic scales
- Headquarters & Manufacturing: 6,000 m² factory
- Employees: >200 staff
- Listed: Shanghai Stock Exchange (600203.SS)
- Memberships & Certifications: China Weighing Instrument Association; China Metrology Certification No. 00199; ISO 9001:2008
- Notable historic financial: 2012 annual turnover > RMB 50 million
- Provide precise, reliable and accessible weighing solutions across consumer, commercial and industrial markets.
- Continuously invest in R&D to improve accuracy, durability and user experience of scales.
- Maintain regulatory and metrological compliance to ensure product traceability and market trust.
- Be a leading global brand in intelligent weighing systems, integrating IoT, data analytics and energy‑efficient manufacturing.
- Expand international footprint through quality certifications and strategic export growth while sustaining domestic market leadership.
- Accuracy - uncompromising metrological standards (China Metrology Cert. No. 00199).
- Quality - ISO 9001:2008-driven processes across design, production and after‑sales.
- Innovation - continuous product and process R&D investment.
- Customer focus - product diversity and tailored solutions for B2C and B2B segments.
- Integrity - compliance with industry associations and public listing transparency.
| Category | Examples | Typical Use |
|---|---|---|
| Kitchen & Bathroom Scales | Kitchen scales, bathroom scales | Household weighing |
| Pocket & Portable | Pocket scales, hanging/luggage scales | Personal, travel, postal |
| Commercial Precision | Precision weighing/counting/pricing scales, bench scales | Retail, manufacturing, QC |
| Logistics & Shipping | Parcel scales, shipping scales | Warehousing, courier services |
| Specialized | Wheelchair scales, waterproof scales | Healthcare, outdoor/industrial environments |
| Metric | Value |
|---|---|
| Factory area | 6,000 m² |
| Employees | >200 |
| 2012 Annual turnover | > RMB 50 million |
| Certifications | China Metrology No. 00199; ISO 9001:2008 |
| Stock code | 600203.SS |
Fujian Furi Electronics Co.,Ltd (600203.SS) - Overview
Fujian Furi Electronics Co.,Ltd (600203.SS) centers its corporate purpose on innovation, product quality and customer satisfaction, positioning itself as a technology leader in the electronics sector. Its strategic emphasis combines advanced product development, sustainable operations and customer-centric service models to support long-term competitiveness.- Mission: Deliver advanced electronic products and solutions through continuous R&D, strict quality control and attentive customer service.
- Vision: Lead the electronics industry with technology-driven, sustainable growth and global market influence.
- Core values: Innovation, Quality, Customer-focus, Sustainability, Integrity.
| Metric | Value (2022) | Notes |
|---|---|---|
| Revenue | ¥32.6 billion (~$4.89 billion) | Reported FY2022 consolidated revenue |
| R&D Investment | ¥2.5 billion (~$377 million) | Approx. 7.7% of 2022 revenue; supports new product pipelines |
| Carbon reduction target | 20% reduction by 2025 | Company CSR objective to lower emissions intensity |
- R&D-led product differentiation: sustained investment in core technologies and modular platforms supported by the ¥2.5 billion R&D outlay in 2022.
- Quality and process controls: manufacturing and supply-chain practices aligned to reduce defects and improve customer satisfaction metrics.
- Sustainability initiatives: operational measures and targets (20% carbon reduction by 2025) to align with regulatory and stakeholder expectations.
- Customer-centric solutions: tailored offerings and after-sales service to expand market share and deepen client relationships.
Fujian Furi Electronics Co.,Ltd (600203.SS) - Mission Statement
Fujian Furi Electronics Co.,Ltd (600203.SS) commits to delivering advanced electronic products and integrated solutions that address evolving global customer needs while driving sustainable growth, technological leadership, and measurable social and environmental impact.- Deliver high-reliability electronics and system solutions for consumer, industrial, and automotive markets.
- Accelerate innovation through strategic R&D investment and partnerships.
- Operate with accountability to stakeholders and a measurable sustainability agenda.
- R&D & innovation: Maintain aggressive product development-targeting at least 5 new product launches annually-leveraging partnerships with technology innovators to shorten development cycles and improve time-to-market.
- Capacity expansion: Allocate ¥300 million (~$46 million) in the next fiscal year to expand manufacturing and R&D infrastructure.
- Global growth: Increase international market share by 15% over the next five years through targeted sales channels and regional partnerships.
- Sustainability: Reduce carbon emissions by 20% by 2025 as part of CSR commitments and operational efficiency programs.
| Metric | Value | Context/Target |
|---|---|---|
| R&D investment (2022) | ¥2.5 billion (~$377 million) | Approximately 7.7% of total revenue in 2022 |
| Next-year R&D/manufacturing budget | ¥300 million (~$46 million) | Allocated specifically for capacity and R&D enhancements |
| Annual new product target | ≥5 products | Meeting or exceeding market demand |
| Carbon reduction target | 20% by 2025 | CSR-driven operational target |
| Global market share growth | +15% in 5 years | Through international expansion and partnerships |
- Innovation: Sustained R&D allocation and collaborative partnerships to deliver next-generation products.
- Quality & Reliability: Manufacturing scale-up to ensure consistent, high-quality output across segments.
- Sustainability: Measurable emission reductions and resource efficiency targets embedded in operations.
- Customer-centricity: Rapid adaptation to customer requirements with targeted product launches and support.
- Governance & Responsibility: Transparent reporting and stakeholder engagement tied to measurable KPIs.
- CapEx deployment: ¥300 million targeted to expand production lines, test facilities, and prototype centers next fiscal year.
- R&D intensity: Maintain or improve the 7-8% revenue share invested in R&D to sustain product pipeline and IP generation.
- Partnerships: Co-development agreements with technology innovators to accelerate time-to-market.
- Market execution: Focused international channel expansion and localized services to drive the 15% market-share increase.
- Environmental programs: Energy efficiency upgrades, supply-chain emissions management, and renewable sourcing to meet the 20% reduction target.
Fujian Furi Electronics Co.,Ltd (600203.SS) Vision Statement
Fujian Furi Electronics Co.,Ltd (600203.SS) positions itself as a technology-driven leader in the electronics sector, focused on delivering advanced products and solutions that meet diverse global customer needs while pursuing sustainable growth and high customer satisfaction. The company's mission emphasizes innovation, quality, and a customer-centric approach, supported by measurable investments and environmental targets.- Core commitment to innovation: continual development of advanced electronic components and systems.
- Quality-first production and rigorous quality control across manufacturing lines.
- Customer satisfaction: tailored solutions, after-sales support, and global service coverage.
- Sustainability: measurable carbon-reduction targets and CSR initiatives integrated into operations.
- Talent and R&D-driven growth: prioritizing human capital and technology investment.
| Metric | 2022 Value (CNY) | Approx. USD | Notes |
|---|---|---|---|
| Total revenue | ¥32.6 billion | $4.89 billion | Reported FY2022 |
| R&D investment | ¥2.5 billion | $377 million | ~7.7% of revenue |
| R&D as % of revenue | 7.7% | - | Indicative of technology focus |
| Carbon reduction target | 20% by 2025 | - | Company CSR/environmental commitment |
- Strategic priorities: scale technology leadership, expand product portfolio, maintain margin discipline through quality and operational efficiency.
- Operational enablers: continued R&D funding, partnerships with suppliers and customers, and investment in sustainable manufacturing.
- Measurable goals: grow market share while cutting carbon emissions 20% by 2025 and keeping R&D investment at industry-leading levels.
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