Made in China, YTL speed!- Zhejiang Yongtailong Electronic Co., Ltd

In the past two years, the words "shortage" and "scarcity" have been frequently seen in the world's major media. From the local "electricity shortage" caused by the soaring coal price, which led to the "chip shortage" that generally extended the delivery time; Global food prices hit a decade high. At present, the direct cause of rising commodity prices and frequent shortages is that the new crown pneumonia epidemic has broken the balance of supply and demand in the market.

YTL DDS353H Din-Rail Single Phase 1 model Multi-tariffs CE RoHS Electric Meter

YTL DDS353H Din-Rail Single Phase 1 model Multi-tariffs CE RoHS Electric Meter

It supports RS485 communication, and can read data remotely.

And it is very popular as its din-rail installation, good reliability, small size, light weight, beautiful appearance and other characteristics; comply with IEC standards.

The global chip shortage, especially the crisis of European and American chips, will intensify in 2021, and will continue in 2022. The chip delivery period will be delayed by about 10 to 20 weeks, and it is still unknown whether it can be alleviated by 2023. In 2019, the normal lead time for chip deliveries was 6 to 9 weeks. In December 2021, the lead time for chips reached about 25.8 weeks, according to research published by market analyst Haina International Group. The long-term shortage of various types of chips is not only caused by the epidemic restricting the production capacity and logistics of manufacturers, but also affected by the rapid promotion of digital transformation of enterprises and the surge in demand for consumer electronic equipment.

In this context, a way out can only be found by integrating upstream and downstream resources while seeking change. To give a practical example of our company, in early 2021, a customer from Southeast Asia came to me. The CEO has been troubled by the electric meter business for more than 10 years, but now he is facing the dilemma of having orders and no goods. The customer's market covers five countries in Southeast Asia, but the cycle of importing electricity meters from India is more than 12 months, which greatly affects the company's development and even has a crisis of bankruptcy. In fact, except for chips, most of the devices are produced in China. If a company can manufacture special parts for electric meters, then all device resources can be quickly integrated, one-stop procurement is in place, and the assembly and testing are completed in China, directly Export. After communication, the biggest bottleneck is that the lead time of chips produced in Europe and the United States is as long as 22-88 weeks. The customer finally decided to change the chips from Europe and the United States to mainstream chips in China, and with the cooperation of our company in the following points, the company and the market were saved. : First, YTL designs and produces all kinds of special parts for electric meters by itself, including: shunts, transformers, relays, metal parts, etc. The initiative from research and development to production is in its own hands. Second, more than 8 million sets of electronic components will be purchased in 2021, and YTL offers suppliers a generous payment method, which has obvious purchasing advantages. It has signed the lowest price agreement with many companies and has the priority of supply. Third, YTL provides customers with one-stop service, from R&D to procurement to production, one-stop service to ensure maximum efficiency and shortest delivery time.

For any business, crisis and opportunity coexist. When faced with difficulties, only by taking precautions and keeping pace with the times can we continue to create value for customers. Under such a concept, we have solved similar problems for many customers in the past year. I hope that everyone will work together to create a great cause.