Singapore-based CEH Group has acquired a wealth of experience and knowledge
of the Chinese market, thanks to Oei Han Siang, the group's president and chief
executive officer (CEO), who spotted early business opportunities in China.
"Because Singapore's market is so small, it is natural for businesses to look
abroad for markets and China is a clear focus for Singaporean businesses," said
Oei, who brought the company overseas together with his brothers Oei Han Tjing
and Oei Hun Toe after taking over from his father.
During a trip to China in the early 1970s, the CEH CEO noticed a lack of
refrigerators in the country and stepped into that niche market in cooperation
with several Chinese partners. About a decade later, CEH joined a Beijing trade
fair in partnership with an Italian company to introduce urethane to that market
That venture into urethane technology for refrigerators eventually led to the
establishment of a full polymer division, whose products are marketed under the
GMA brand.
Taking aggressive measures, the polymer division has become one of the
Asia-Pacific region's leading manufacturers of polyurethane equipment. It
currently provides equipment and services to the original equipment manufacturer
(OEM) subcontractors of General Motors, Hyundai, Toyota, and major Asian
refrigerator makers.
Following a similarly bold business model, CEH Group has scored much success
in its two other business divisions - automation division, and trading and
property divisoin.
Partnering again with an Italian company, CEH in the mid-1990s introduced
Nitti, a brand of safety footwear that has gradually gained recognition in the
Asia-Pacific region. The footwear is designed by renowned safety footwear
designer Franco Losio and part of the company's trading division.
Although CEH manufactures and sells Nitti shoes in China, it has made
Singapore, the launch pad for its newest products. Since its introduction in the
country five years ago, Nitti has slowly increased its market share and annual
growth is expected to be between 20 and 30 percent.
"Industrial companies throughout China, particularly in the off-shore oil
industry, are showing increased interest in Nitti footwear. People who like and
appreciate quality buy our shoes and our target clients are companies who wish
to protect their employees to the best of their ability," Oei said.
Meanwhile, the company expects a huge return from property it purchased in
1997 in Shenyang, capital of Northeast China's Liaoning Province.
|

The CEH-Shenyang Shoe Industrial Park will provide all the upstream and
downstream facilities needed in footwear
production. |
The planned CEH-Shenyang Shoe
Industrial Park will provide all the upstream and downstream facilities needed
in footwear production, allowing companies to simply "plug in" and immediately
begin their operations. It will be the group's manufacturing base in China.
"In order to have any type of growth within the industrial sector, you need
to have convenient access to transportation and a reliable logistics system,
which is now ready in Shenyang through Dalian Port," explained Oei.
CEH's Automation Division has also seen sharp growth as the number of
manufacturers in China rises and their facilities are modernized. The situation
will provide a consistent and long-term market for the company.
"The Chinese market will not only be a strong exporting and manufacturing
base but also a domestic marketplace with a very strong consumer base, much like
the US. Companies cannot neglect this market if they wish to be successful in
today's global economy," said Oei.
"I see China as full of opportunity. CEH Group can help companies to become
competitive in China and Asia with our dedicated management team and vast
overseas network of sales and supply. Anyone, whether they are No 2 or No 3, can
join with us and become No 1 in China or Asia."
For detailed information, please visit:
www.cehgp.com
(China Daily 03/12/2007 page3)