Company News

The pace of Liaoning Pharm is steady, and the growth against the trend highlights resilience.

Since the beginning of this year, affected by domestic and foreign epidemics, wars, logistics and transportation and other factors, foreign trade export business has ushered in a new wave of tests. Liaoning Pharmaceutical Foreign Trade Corporation. faced the difficulties, took the lead, grew steadily against the trend, and handed over a satisfactory report card.

At the beginning of the year, our company conducted research and judgment on the overall economic situation, formulated a dynamic plan for foreign export trade, put the nodes in front and “snatched” the task indicators forward! As of May 2022, Liaoning Pharm exports earned 55.4 million US dollars, an increase of about 190% compared with the same period in 2021. At present, our company has established sustained and stable trade relations with more than 100 customers in more than 30 countries and regions, including Brazil, Mexico, Argentina, India, Saudi Arabia and other markets with substantial growth in the first half of the year.

Such remarkable achievements, on the one hand, benefit from the improvement of our company’s overall strength and service capacity. Our company not only meets the needs of customers in terms of business, but also pays more attention to keeping close communication with customers. Due to the epidemic, it is impossible to visit and communicate with foreign customers regularly, so in addition to daily e-mail and phone calls, regular video conferences with customers also increase customer stickiness. At the same time, attach great importance to the maintenance of cooperative relationship with key suppliers. For example, we have signed a long-term product purchase and sales agreement with Weifang Yingxuan Industrial Co., Ltd., the world’s largest producer of citric acid, which leads to a tight supply of citric acid and rising prices in the world. Our citric acid export business is still booming and continues to expand its market share. For another example, the sudden epidemic in Shanghai has brought new variables to the export logistics and transportation. We actively responded by adjusting the logistics and transportation programs shipped from Ningbo, Qingdao and Tianjin Port for our customers at the first time, solving their difficulties and strengthening each other’s trust. 

On the other hand, we should strive for progress in the midst of stability and make breakthroughs in progress. Under the tense and grim international situation, apart from making every effort to ensure no business loss in the Russian-Ukrainian conflict area, it accurately seized the opportunity that the export of Russian potassium hydroxide was blocked due to the conflict, and foreign customers urgently needed to find alternative suppliers, and successfully signed an order for 2000 tons of potassium hydroxide, meeting the needs of foreign customers and achieving a new business breakthrough. In addition, a series of favorable policies such as stable foreign trade, credit insurance support and export tax rebate have also contributed to the counter-trend growth of business.

Liaoning Pharm Import and Export Department is a young team, 70% of whom are post-90s. The team with the young label naturally has the characteristics of drive, imagination, dare to do, and highly responsible. They need to overcome the jet lag with their customers and be able to respond to their concerns at any time; they choose to eat and live in the company in order not to delay normal business during the epidemic; and their isolated colleagues even take their computers back home to work online for 24 hours. With the drive and tenacity of the whole department, the headwind will rebound in the weak global economy, and it will certainly leave a strong mark in the wonderful chapter of the company’s international business in the future.

In the next step, the company will continue to adhere to the general tone of making progress in the midst of stability, continue to promote the stability and quality of foreign trade, and make every effort to ensure the security and stability of the supply chain in a larger scope, higher level and wider fields. accelerate the high-quality, high-speed, all-round and coordinated development of enterprises.