กค Start-up and expansion
Binocularschina.com was started by Young
Wonder Business Co., Ltd. in 1998 as an online wholesale
distribution center for the binoculars and telescopes
made in China. We differentiate ourselves in two ways
of thinking:
1) We first find out the most experience
staff, let them look for the best binoculars and telescopes
manufactured all over the established optical factories
in China, and then we choose the binoculars and telescopes
models that are the most cost-effective: very inexpensive
in price and of highest quality.
Result: it has been proved that all
the binoculars, telescopes, monocular and spotting
scopes listed in our catalogue are competitive winner-products
in the markets all around the world.
2) We should pay more attention to the
small business, even the home-based business for they're
more adapted to specific niche markets, and due to the
less levels of distribution and lower operation cost,
they sell directly to the consumers at much lower price.
Working with them, we can "fight our way out of
the heavy encirclement of big guys".
Result: Small business or even home-based
business that are working with us have been expanding
rapidly for the last three years. We will be happy to
continue to grow up with them.
After three big-growth years, we find
we are facing up with the new challenges:
1) We must keep up with the ever larger
order from our fast-growing customers in terms of the
delivery time and quality consistency ;
2) Our product lines must be upgraded to be better adapted
to the optical market trends;
3) We must lower down our prices further and become
more competitive.
All of these boils down to one fact:
we need our factory where we can produce more quality
binoculars and telescopes in a timely manner, offer
them to our customers at better prices, and develop
the new binoculars and telescopes models that meet the
specific interests of different niche markets.
In Feb., 2001, we formed a second corporation
Ufind Optics Co., Ltd. which handles all exports.
กค Put money into the factories
By using Ufind Optics Co., Ltd., we
began to put money into the factories which manufactures
the products for us. And, for the last three
years, we've been able to control or partly own 11
factories which specialize in different stages of
binoculars production ranging from optical glasses processing, coating, mechanical
fittings processing, tooling, assembling and packaging.
These factories are all based in
Kunming, Yunnan
Province in the southwest of China. Kunming is China's
production and export base for binoculars, telescopes
and other optical instruments. There are a number of
state-owned factories in Kunming which used to only
produce for military use. After transition to market
economy, a lot of experienced engineers and sales staff
just leave these state-owned factories and start their
own private optical instruments factories.,
These privately-owned factories inherit all the asset of state-owned factories:
the rich experiences in optics industry for more than
40 years, rigid quality control system, highly-skilled
low-cost human resources, and all the used-to-be-only-for-army
binoculars models-now totally oriented for civilian
market.
Now, as a whole, our factories have the yearly
production capacity of 800,000 units of binoculars
ranging from 21mm compact to 120mm giant. And, as
a whole, we have better R&D and we're the first who
produced and supplied the popular models like 15x70 and
20x80 to the international market.
กค Kunming Optical Instruments Co.,
Ltd.
Since 2002, we've been able to keep up
huge yearly growth - 2002, 75%; 2003, 140%. Due to our excellent performance, in October of 2003,
we're credited as one of the "most creative and
fastest-growing privately-owned enterprises in
Kunming" by the government. With the consent from
the government, in order to have the better
"CI" (company identification), we changed our
company name to Kunming Optical Instruments Co., Ltd in
Dec., 2003.
Beginning from Feb. 1st, 2004,
we'll do business in the name of "Kunming Optical
Instruments Co., Ltd." thereafter.