Lishui industrial supermarket facilitates industrial procurement

chinadaily.com.cn| Updated : May 15, 2024 L M S


The Yonggu Electromechanical Mall provides a vast array of industrial appliances. [Photo/Tide News]

In the Yonggu Electromechanical Mall, situated in the Lishui Economic Development Zone in Lishui, Zhejiang province, over 60,000 industrial appliances and supplies are on display.

"From large machine tools to small screws, everything is accessible in our mall," said Cheng Diming, general manager of Yonggu Hardware Electromechanical Co, which owns the mall.

The mall has four floors. The two underground levels function primarily as warehousing and distribution areas, and the remaining levels are used for product display, similar in appearance to a large "industrial supermarket".

Founded in 1990, Yonggu Electromechanical has been focusing on the service of local industrial enterprises for more than 30 years. It has gradually developed into a one-stop industrial procurement service platform with the most complete product lineup in Lishui.

At present, it has established cooperation with more than 1,500 enterprises in the city. "We also have long-term cooperation with well-known international brands. Now we have hundreds of orders on hand," added Cheng.

In the first quarter, sales exceeded 60 million yuan ($8.30 million), with the fastest growth in the semiconductor sector. "Over 10 semiconductor companies in Lishui purchase equipment here, and the volume accounted for more than 10 percent of the sales in the first quarter," Cheng highlighted.

Yonggu is now developing an online mall to provide more convenient and targeted services, which is expected to be put into operation by the end of this year, according to Cheng.