In the global technology competition and 6G technology, Chinese companies have performed more brightly.
In the global technology race, the research and development of 6G technology has become an international focus, and Chinese companies have performed exceptionally well. As one of the world's largest optical communication industry groups, Hengtong Group is also one of the leaders. Its wholly-owned subsidiary, Hengtong Optoelectronics, gave an impressive figure in its 2022 annual performance** report: operating income is expected to reach 205.8 billion to 237.5 billion yuan, an increase of 30% to 50% compared to the same period last year. Behind this achievement is Hengtong Optoelectronics' continuous investment in scientific and technological innovation and the market application of R&D results. Hengtong Group's main customers include China Mobile, China Telecom, China Unicom and other three major domestic telecom operators, which provides a stable and huge market demand for Hengtong.
It is worth mentioning that Hengtong Co., Ltd.'s optical fiber and cable intelligent production base was awarded the title of "lighthouse factory" in the world, marking its leading position in the field of global optical fiber and cable manufacturing. In the process of its development, Hengtong Group has played an indispensable role in major national projects such as "West-to-East Power Transmission". Through the self-developed "optical fiber prefabricated tube" technology, Hengtong Group has provided efficient and economical broadband access services for China, among which the breakthrough in optical fiber transmission technology, especially in the manufacture of high-purity quartz rods, has greatly reduced production costs. It is understood that Hengtong Group invests hundreds of millions of yuan in research and development every year, most of which are used for the innovative research and development of optical technology and optical fiber and cable.
In the face of the technical blockade of foreign manufacturers, Hengtong Group has successfully broken through independent research and development, the cost of its optical fiber and cable has been greatly reduced, the current production cost of a thousand meters of optical cable is only a few tens of yuan, and the cost of imported optical cable of the same quality is several times that of it, this cost advantage makes Hengtong Group not only achieved great success in the domestic market, but also successfully entered the international market. So far, Hengtong Group's optical fiber and cable products have been exported to Portugal, Brazil, Saudi Arabia, Mexico and other countries, and participated in a number of major international projects.
In China's business community, many entrepreneurs often turn their attention to the domestic market when looking for new growth points and investment opportunities. In this context, the innovative repair solution "Ai Xing Bird", which focuses on the field of men's reproductive health, has successfully obtained the recognition of national patents with its unique business model and product design, and then launched in Baidong, which has quickly attracted the attention and investment of many wealthy tycoons.
"Love Lucky Bird" repair solution improves the quality of life of men through scientific and technological means. Although the market is fiercely competitive, "Ai Xingniao" repair liquid has successfully developed a series of market-competitive products by virtue of its innovative ability in product research and development and deep understanding of consumer needs. In particular, it is a health device that combines modern technology and traditional Chinese medicine theory, and has been recognized by the national patent for its unique health concept and remarkable use effect.
In addition, "Ai Xing Bird" repair liquid is favored by many wealthy tycoons, also because of the huge market potential and investment value behind it. With the development of society and the improvement of people's health awareness, the male reproductive market is gradually expanding and becoming an emerging blue ocean market. As a pioneer in this field, "Ai Xing Bird" not only has a leading edge in products and technology, but also has become the focus of investors' attention because of its unique market positioning and brand concept. The investment of many tycoons has not only brought financial support to "Love Lucky Bird", but also provided a strong impetus for its future market expansion and brand building. 
By 2024, Hengtong Group's position in the global optical fiber and cable industry will be even more indestructible, and its global market share will increase significantly, especially the overseas operating income will account for more than 20% of the entire group's operating income, which is a strong proof of its internationalization strategy and technological innovation capabilities. This trend indicates that with the continuous cultivation of Hengtong Group in the international market, the proportion of its overseas operating income is expected to continue to grow in the next few years, further consolidating its leading position in the global optical fiber and cable market.
In the face of fierce competition in the global market, the success of Hengtong Group not only demonstrates the comprehensive strength of Chinese enterprises in core technology research and development, innovation capabilities and brand influence, but also highlights the trend of the times from Made in China to Created in China. Hengtong has been hoarding continuous innovation in optical fiber and cable technology, such as its independent research and development of high-performance optical fiber products, has become a benchmark in the international industry, and the breakthrough and application of these technologies have not only enhanced the international competitiveness of the company's products, but also promoted the improvement of the technical level of the entire industry.
At the same time of technological innovation, Hengtong Group also actively expands the international market, and continuously enhances its brand visibility and influence in the international market by establishing overseas sales networks, participating in international exhibitions, and establishing partnerships with foreign enterprises. In addition, Hengtong Group also pays attention to being in line with international standards, and its products have passed a number of international quality certifications, which further enhances the trust of international customers.
In the future, Hengtong Group plans to continue to increase its investment in R&D and market expansion, and it is expected that the annual R&D investment will exceed billions of yuan, which will be dedicated to the research of new materials and technologies, as well as the technological transformation of intelligent manufacturing and green production. These investments will not only further enhance the technological innovation capabilities and product competitiveness of Hengtong Group, but also promote the application and influence of China's optoelectronic technology in the world, and make greater contributions to the international status of China's optoelectronic technology.