Marketing and Customer Service
According to the current market positioning, GMTC's business model is based on market potential and future market development plans, with the aim to achieve high profits (certified materials/high class) and a high market share (basic industrial materials). We have formulated the short-, medium- and long-term product marketing plan as follows:
Key Businesses Direction
High-value Products
The GMTC Group will use the core technologies of vacuum arc remelting (VAR) and electro slag remelting (ESR) as platforms to dedicate to industries such as aerospace, energy, oil and gas, biomedical, tool steel, etc. With the launch of new production line capacity and the development and certification of new products, we will expand our market share and improve the Company as a whole. In 2024, the aerospace industry flourished, and the proportion of sales increased; the high class hot work tool steel TS-GHX1 successfully obtained the NADCA Grade C certification, and the acquisition of IATF 16949 Automotive Quality System certification is gradually opening the automotive steel market. In 2025, the Company will continue to pursue new product certifications for both new and existing aerospace systems. With the expanding proportion of aerospace products, this will effectively contribute to revenue and profitability. In the future, we will continue to expand business for materials that are required for applications in green energy industries, such as electric vehicles and wind power generation.
Expand Market Share in the Tool Steel Market
From the perspective of product mix, we plan to optimize the manufacturing process and quality of products with high sales volume, in order to improve cost competitiveness. With the deployment of new channels in Asia, we will further increase the proportion of sales and equipment utilization in the factory, and prepare for the upcoming of the 50 ton melting shop. In the future, we will intensify our efforts in the tool steel module market with the upcoming installation of an 8,000-ton large hydraulic forging press, targeting the development of new industries and new customers, which is expected to sustain our growth trajectory and contribute to revenue.
Optimization of Regional Management and Dealer Services
GMTC has sold its products to more than 45 countries and regions around the world, and has set up sales channels to serve customers in Taiwan, Vietnam, China, the U.S. and Japan. It has long been cooperating with large-scale distributors in Europe, the U.S., and other Asia-Pacific regions, and maintaining customer relationships and stable market share through regular visits or establishing sales offices in the key marketing regions.