Tegu China: The financial crisis has not caused significant adverse effects

On December 15, 2008, the first national agent conference of Teguco was held in Shanghai. The relevant person in charge of Teguji Tool Trading (Shanghai) Co., Ltd. (hereinafter referred to as “Teke China”) summed up with the major agents of the country. The achievements of the company in 2008 and the trend of future market development.

2008 marks the 10th anniversary of the establishment of the Teguco head office and is worth a year in the history of Teguque. And 2008 is also the year of the global financial and economic crisis. The sales results of Teguco's major agents show that the recent international financial and economic crisis has not had a significant adverse impact on Teguco China's business in 2008. . In the South China market, the performance of Teguco is still slightly higher than that of the same period of last year; the East China market with Shanghai, Jiangsu and Zhejiang as the core has performed well; the Sichuan market affected by the earthquake has maintained its performance while maintaining price stability. Mr. Wen Xiyuan, General Manager of Teguco China, emphasized: “The 'crisis' is two-sided, one is 'risk' and the other is 'machine'; the current financial crisis, the opportunities for growth are also great, the opportunities will belong The person who can hold it."

Mr. Chen Xing, the sales manager of Teguco China, said that the company’s good performance in 2008 was due to the fact that Teguco actively launched many new products and expanded the original product series this year, and the second was to increase technical support for customers. Personnel. In recent years, China's economy has grown at a high speed. Under this situation, Teguco's career in China has also flourished.

In 2008, Teguco's theme was “TOP Top”. From car, milling, boring and drilling tool products to tool technology upgrades, Teguco China's services were also fully upgraded. According to Mr. Han Jingping, Technical Manager of Teguco China, Teguchi launched a number of new products in 2008, including:

· Turning: Introducing TT8115 and TT7310 grades, PC chipbreaker, FC chipbreaker, ML chipbreaker-K10

·Slot cutter: push out the slot machining blade and quick-change module cutter
Milling: TT7080&9080 grade, TT7800 grade, Z Plus-Mill insert and face milling cutter, Chase Plus QUAD-FinishMill fine milling insert, cutter head, ChaseBall roughing ball end mill
·T-Drill: T-Cap product expansion and improvement, now all the shank end of the shank has a threaded hole to facilitate the customer to connect the cooling tube, and the original 8mm-20mm diameter shank has now expanded to 32mm

·Integral milling cutter: The TT1040 grade and MultiMill-FSM4 series are introduced, and the UniMill chamfering end mill series is extended. Two new angle chamfers of 2 blade 60 degrees and 2 blades 120 degrees are newly introduced on the basis of the original 2 blade 90 degrees. End mill
As another major deployment of Tegu Ke to strengthen the competitiveness of the Chinese market, Teguco's IMC Group has officially started production of its Dalian plant in October 2008.

Teguco Company Introduction
Teguco is one of the world's largest manufacturers of metal cutting tools. Headquartered in South Korea, its subsidiaries and agencies are located in more than 50 countries around the world, providing customers with high-quality, high-precision tooling products. , which greatly reduces the cost of the metal processing industry. The products include a full range of tools such as grooving, turning, milling, boring, drilling, reaming, and tool holder systems. They are used for molds, automobiles, aviation, steam turbines, machine tools, and machine tools. Knife offers a wealth of experience in providing complete solutions. Among the products sold by Teguco, 35% of new products are developed within 3 years, and 60% of new products are developed within 5 years. Teguco always ranks among the world's advanced cutting tool products with its original products. To provide favorable conditions for the metal processing industry to reduce costs. In addition, Teguco has been continuously innovating and developing in the development of tool materials including coating technology. Teguco is a full line of high-precision carbide tooling suppliers with a full range of carbide inserts and a wide range of cutting tools; they meet the needs of almost all metalworking applications.

Founded in 2003, Teguco China has established three offices in China, and its service network covers major industrial areas in China, providing customers with real-time localization services. With a complete computer management system, we can provide customers with more timely technical services and tool products, and provide the best solution. With the expansion of IMC Group, Teguco China's coverage of technology, products, services and varieties continues to increase. From a single product offering to a complete cutting and machining solution, Teguco can be called a tool. The industry's leaders, especially in the overall processing of automobiles, steam turbines, gearboxes and heavy machinery, have a strong ability to "tailor". In terms of concept, Teguk believes that "the law of the market economy is not a law of making money, but a law that promotes productivity." Teguco China works with customers to promote the development of their productivity.

In recent years, with the steady advancement of Teguco's business in China, the overall sales performance has also shown an upward trend. Teguco's overall sales volume in China has been very stable. “Without the improvement of quality, there is no opportunity for growth.” Tegu Ke insists on strengthening development with the focus on “quality, environmental protection, safety and energy conservation”, and also makes practical efforts in the fields of “product quality, cost competitiveness, and training of talents”, and regards this as a successful manufacturing industry. The shortcut keeps going, and is determined to become a "high-quality, dynamic company."

Teguco's growth track:

April 1916: Founded in Shangyuan Mine, Gangwon-do, South Korea, September 1952: Established “Dahan Heavy Stone Co., Ltd.” February 1974: Established metal tungsten powder and carbide tungsten powder workshop
November 1977: Construction of “Carbide Tool Workshop” products: blanks, carbide inserts, mining products, welding tools, October 1978: Establishment of a coating shop (originally for CVD-TiN coating products)
December 1979: Establishment of a “tool holder” workshop January 1981: Development of a special coating substrate October 1985: Development of a cermet blade March 1991: Construction of a ceramic blade production workshop, May 1995: Established in China Tungsten wire production plant.
August 1998: The Isca Group acquired “Golden Heavy Stone”. August 1998: The company was renamed "Teke" by "Donghan Heavy Stone".
February 1999: Corporate headquarters moved from Seoul to Daegu, 1999: Established Teguco USA 1999: Established Teguy Germany, December 2003: Established Tegu Shanghai Co., Ltd. in China, 2004 6 Month: Established Teguchi Japan Co., Ltd. in Nagoya, Japan

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