Taizhou-based sewing machine giant receives provincial honor
chinadaily.com.cn | Updated: 2023-11-30Print Print
A workshop belonging to Jack Technology Co Ltd in Taizhou, East China's Zhejiang province. [Photo/taizhou.com.cn]
Jack Technology Co Ltd has recently been recognized as a leading technology company in Zhejiang province in 2023.
This prestigious honor is a result of the remarkable achievements made by the Taizhou-based sewing machine producer. The company has been the industry leader in exports for 14 consecutive years, global sales for 13 consecutive years, and number of patent applications filed for 10 consecutive years.
Jack Technology unveiled its latest 2023 product. This state-of-the-art machine boasts an impressive portfolio of over 70 patents and received an overwhelming 150,000 orders worldwide on the day of its release.
These accomplishments are a direct result of the company's consistent investment in research and development. In 2022, Jack Technology allocated 7 percent of its revenue to R&D initiatives. Currently, the company holds a total of 2,657 valid patents, establishing itself as an industry leader in patent applications over the past decade.
Ruan Zhenhua, vice-president of Jack Technology, commented on the company's future plans, stating, "Our focus will continue to be on the sewing equipment industry. We are committed to deepening our comprehensive smart solutions and achieving dual transformation through the integration of technology and talent. By digitizing and automating our processes, our aim is to drive the intelligent manufacturing upgrade of the global fashion industry and strive towards a revenue target exceeding 10 billion yuan ($1.4 billion)."