On November 16-18, the 2023 Kaishan Compressor Global Conference was held in Quzhou, Zhejiang Province, with Cao Kejian, Chairman of Kaishan Holdings Group Co., Ltd., presiding over the meeting.
The theme of this meeting is for overseas companies to summarize and report on their 2023 business performance, discuss the 2024 work plan, prepare the 2024 budget, and develop the next year’s action plan. Mr., President of KCA in the United States Dave George, Vice President Mr Henry Phillips, Mr Matt Eberlein; Mr. John Byrne, CEO of Kaishan MEA, and Mr. Kevin Morris, CFO; Dr., President of Austrian Company (LMF) Ognar Gunther, Vice President Mr David Stibi, Mr Berger Gerhard; Mr. Mark Ferguson, CEO of Australian company (KA); Mr. jayraj Thakar, CEO of KMI India; Marek Cieslak, General Manager of Kaishan Europe, Mr. Cui Feng, General Manager of Kaishan Hong Kong, and Mr. Li Heng, General Manager of Kaishan Asia Pacific, attended the meeting. The general managers of relevant member companies of Kaishan Group also attended the meeting.
Dr. Tang Yan, General Manager of Kaishan Group Co., Ltd., and his team introduced the newly launched innovative technologies and series of products to overseas companies. The Kaishan Technology team’s “never stop” continuous innovation activities have been highly praised by overseas companies. In the new year, more series of products will enter major global markets and become the main driving force for Kaishan’s continuous growth.
Overseas companies have reported their expected operating performance for 2023 and their budget for 2024. According to the summary data provided by the meeting, it is expected that the overseas compressor business revenue will exceed 150 million US dollars in 2023, and the export delivery value of Kaishan compressor products from the Quzhou factory alone can reach 45 million US dollars. The 2024 budget for overseas compressor business revenue is 180-19 million US dollars, and the export delivery value of Kaishan compressors will exceed 70 million US dollars.
Fortunately, except for Kaishan MEA, which is in its first year of operation and allows for losses, all other companies have achieved profitability. All member companies will achieve profitability in 2024.
