This issue of “Plastic Industry” focuses on innovative practices in enterprise inheritance, attempting to uncover the transformation password of traditional manufacturing industry in the new era through the strategic choices and management wisdom of the new generation of managers. From the gradual introduction of intelligent production lines to the flexible adjustment of organizational structure, from the intergenerational integration of technical teams to the organic implementation of sustainable development concepts, each case tells the unique story of the “second generation” seeking a balance.
In 2018, I officially took over the management work of the company. In fact, even after graduating from university, I rooted myself in the company from the grassroots level and systematically mastered the core of enterprise operation and technology through multiple positions. At the moment of taking over the company, I deeply felt the heavy responsibility on my shoulders, but I am even more grateful for the trust and support given by my father and team, which enabled me to smoothly complete the role transition, “said Liu Siqi, Deputy General Manager of Shantou Mingfa Machinery Co., Ltd. (hereinafter referred to as” Mingfa Machinery “).
Now, I deeply understand the historical accumulation carried by this enterprise founded by our parents. The profound technical background and stable customer relationships are valuable assets left to us by my father. However, in the face of rapidly iterating market demands and ever-changing technological changes, finding a balance between adhering to traditional advantages and exploring innovation has become the biggest challenge I have faced since taking over.
In the traditional male dominated field of mechanical manufacturing, the identity of female leaders actually gives us a unique competitive advantage. Our emphasis on detail quality is reflected in the significant value of technical research and development, where every aspect from product design to production process can be more finely controlled; And stronger communication skills significantly improve customer service levels, allowing us to more accurately understand and meet customers’ constantly evolving needs. Of course, breaking gender stereotypes in the industry requires more effort, but I always believe that professional competence and practical results are the most persuasive language.
Technological innovation is the core driving force for us to respond to industry changes. Mingfa Machinery has introduced intelligent production lines and IoT technology. Through remote monitoring and fault warning systems, it has not only increased production efficiency by 30%, but also created a new user experience for customers. In terms of management innovation, we have broken the traditional hierarchical structure and established a flatter organizational system; Service innovation is reflected in providing customers with full lifecycle solutions, rather than just selling a single product.
Any change will inevitably encounter resistance. The high cost of technological transformation and the difficulty of old employees adapting to new technologies are the main challenges we face. To this end, we have adopted a gradual reform strategy: first establish pilot projects, verify their success, and then promote them comprehensively; At the same time, a large amount of resources will be invested in employee training, and a “New Technology Application Incentive Fund” will be established to help the team successfully complete the transformation. I am pleased to see that many senior technicians have ultimately become active drivers of technological innovation.
In my opinion, the value of a company is not only reflected in its financial statements, but also in its ability to create more comprehensive benefits for society. Mingfa Machinery has invested a large amount of resources in developing energy-saving and environmental protection equipment. Although the short-term return rate is low, in the long run, it not only conforms to policy guidance but also meets the social demand for green manufacturing. In terms of team building, we pay special attention to cultivating young talents, and through the “old leading new” approach, let experience and creativity collide to create new sparks.
In the future, green environmental protection and intelligence will become the two main lines of industry development. On the one hand, we will continue to increase our research and development investment in energy-saving and emission reduction technologies; On the other hand, we are exploring innovative business models such as equipment leasing and shared manufacturing. The era of Industry 4.0 brings not only technological changes, but also innovative ways of thinking. As a traditional manufacturing enterprise, we should not only maintain our focus on precision manufacturing, but also have an open mind in the Internet era.
Standing at the juncture of the transition between the old and the new, I deeply understand that true inheritance is not simply a continuation, but a creative transformation based on an understanding of the core values of the enterprise. This experience also made me understand that even in traditional manufacturing industries, as long as we maintain an open and innovative mindset, we can still radiate vitality.
This path may be full of challenges, but it is precisely because of these challenges that our growth is more valuable and the future of the enterprise is more worth looking forward to.
Post time: May-30-2025
