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2009/2/26
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Honor seiki fully loaded line maintains high growth of business achievement
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2009/2/26
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News Alliance with Tongtai, 1 adds 1 Over 2

Alliance with Tongtai, 1 adds 1 Over 2 2009/03/02

 Providing high customers’ need product is HONORSEIKI ’s nucleus of competing abilities; Chen Sung-tan, general manager of HONORSEIKI said, our company owns strong R&D and production team, according to customer needs to design automatic, effort-saving jig & fiture, putting &taking parts machinery hand, moving &carrying systems, and coordinate appropriate tool, saving effort, increase the output can satisfy customer fastidious need.

 HONORSEIKI is established in 1987. The main products are CNC Vertical lathe , CNC Vertical turning center, CNC drilling cutting center, CNC Vertical Grinding lathe …etc, our machines supply to aviation industry, wind power energy equipments manufacturers, petroleum industrial parts, ship and train parts equipment etc, HONORSEIKI joined Tongtai group (Tongtai shares 52% stock). With Tongtai finance and technical support, HONOR got business advance. The quality and quantity are also improved simultaneously.

After joining Tongtai group, the staffs amount of HONORSEIKI has been growing from 20 to 180 in the past 4 years, and yearly sales performance also grows by 16 times from 0.7 hundred million to 12.24 hundred millions in 2008. HONOR’s factory space is also enlarged from 400 square meters to 4,000 square meters at present, the business performance is still growing up very much, excepting for bringing considerable reinvestment revenue, it becomes the one of most successful case of internal machin of acture Strategic Alliances, create 1 adds 1 over 2 cooperative benefit.

 HONORSEIKI’s machine is approved and adopted of American, Canada, German, France, Britain, Sweden, and Italy…etc., 60% machines are sold to Europe and America and 20% are sold to China at present.

 HONORSEIKI is based on customer requirement-oriented and maintains high growth rate in the economic recession, Chen Sung Tan, general manager of HONORSEIKI said. The year of 2008 unaudited operating revenues is 1.2 billion NTD, 59% growth rate which compared with 7.7 hundred million in 2007. The business still maintained high growth in the frozen boom in last 4th quarter, accumulating until February 2009, the orders on hand still have 10 hundred million, the line has fully loaded for the nine-month periods ended. Although the boom is abrupt, Honor is not pessimistic at all and will be positive to expand the China market, the revenue growth is still able to be expected.

 HONORSEIKI co-operated with Tongtai group in TIMTOS09 in 2009, showing innovative and developing machine, inclusive of VL-160CM vertical grinding lathe, bearings machining work with cutting, milling and grinding, moreover, ATC(Auto tool change) capacity increases from 16 tools to 40tool, shortening the work piece adjustment and saving tool changing time. In addition, cutting and grinding 《vertical lathe》 can provide great bearing high accuracy milling and grinding of inside and ourside. In the past, machines are compounded with cutting, and grinding are all imported from America and Japan. HONORSEIKI unique system is ” Roller Gear System”, the design could make the machine turn with same speed, however, increasing the accuracy makes the appearance of the work piece smooth and glossy. New type of horizontal lathe twin spindle and twin turret can provide well drilling、tapping、boring for the work piece.


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