Some might say, with so many tuk-tuks, won't the competition be fierce?
You should know that the trading city is becoming more and more prosperous every day.
After several months of development, shops in the entire trade city are in high demand.
It is a trade and wholesale business that radiates to many surrounding cities.
These business people come and go frequently, and their demand for transportation is very high.
It can fully take over the market for trolleys.
It even boosted sales of agricultural tricycles at one point.
After these merchants have finished wholesaling the goods, they will definitely need to transport them to the logistics distribution center.
This section of the road is transported by agricultural tricycles.
Now, the streets of Jiangcheng are bustling with prosperity and vitality.
There was no indication that this was a wave of layoffs.
The trolley has boosted the transportation industry.
The transportation industry solved the transportation problems of the trade city.
Convenient transportation has attracted merchants from surrounding areas and even other provinces to come and wholesale goods.
I will never go to the south to buy goods again.
Of course, some goods in the trading city cannot be produced locally.
They are all transported from the south to the trading city, where they are then sold to wholesalers.
It took a year for the trade city to establish its distribution hub function and officially gain control of the market.
Mayor Cui couldn't help but give it a thumbs up.
Other provincial and municipal governments were furious.
Jiangcheng acted too quickly!
If they had been given another month, it's uncertain who would have ended up in the hands of this trading city.
By the time the Lunar New Year arrived, Qimingxing's revenue reached 300 million RMB and 100 million USD.
The US dollars have been poured into the research and development of raw materials for lithography machines, and initial results have already been seen.
However, revenue has not yet been generated.
There's no other reason than that foreign patent barriers are simply unreasonable.
The only option is to continue investing heavily in research and development until we own our own patents, leaving others with no way to compete.
In the domestic market, Qimingxing's agricultural tricycles and trolleys are far ahead.
Despite the fact that many manufacturers have followed suit with the trolley trend, especially motorcycle manufacturers, who simply modify them at will without any technical difficulty.
However, due to its early advantage, Qimingxing still holds more than 40% of the market share.
However, at the end of the year, Wu Changfeng invested a sum of money, preparing to enter other industries in 1993.
This resulted in a small surplus, but the higher-ups, including Liutiao, had no objections.
The money was distributed according to shareholding ratios, and employees were given New Year's benefits, making the year a perfect ending.
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