Liu Chenghan, chairman of Houngfuh Group, a giant in the logistics equipment industry, interviewed by CBN

With the rapid development of the logistics e-commerce industry, in addition to the increasingly high requirements for logistics automation equipment, the logistics equipment industry has also shown a new development trend in the region, that is, the channel sinking. Logistics enterprises begin to cultivate in third- and fourth-tier cities.In this regard, Mr. Liu Chenghan, chairman of Houngfuh Group, believes: “Logistics automation equipment is designed to save manpower and lower operation costs. I think the first and second-tier market is developing now, including the third-tier market at most. But the fourth-tier cities and even rural areas are still not yet developed. So I'm pretty optimistic about the next ten years.”

The rapid development of the third- and fourth-tier logistics industry is not only an industry trend, but also a good opportunity for Houngfuh. From 2019, Houngfuh has started its brand upgrading global strategy. More and more people will know and understand Houngfuh. At the same time, Houngfuh adheres to the brand concept of "ingenuity, innovation, and people-oriented", provides one-stop service to satisfy customers’ requirements for different equipment, leads the new trend of "smarter, more humane" logistics automation and contributes her wisdom and strength to logistics automation continuously.