To strengthen and expand our business presence in the Bangladesh market, after careful consideration, it has been decided that Ruan Qinghua and Liu Chunyuan from Tianjin Machinery Import & Export Co., Ltd.—a subsidiary of our group—will travel to Bangladesh on May 11, 2025, to discuss business opportunities. They are expected to stay abroad for nine days.

Our company has been exporting agricultural tools since the 1950s. The company’s three major trademarks—“Rooster,” “Diamond,” and “Swallow”—have been recognized as “Famous Trademarks of Tianjin City,” “Well-Known International Brands in Tianjin,” and “Key Export Brands Being Cultivated and Developed in Tianjin.” For decades, agricultural tools under these three brands have enjoyed strong sales across Asia, Africa, and Latin America, generating significant economic benefits for our company. Bangladesh is one of our primary markets for agricultural products, with annual export volumes averaging between US$1 million and US$2 million over the past decade and a half. However, in recent years, challenges such as increased market competition—partly due to staffing shortages and the ongoing impact of the pandemic—have led to some customer attrition. As a result, we urgently need to conduct on-site visits to our clients, strengthen collaboration with them, and work toward restoring and solidifying our traditional market presence.

By visiting local customers in Bangladesh, engaging in face-to-face discussions with them, and gaining a deep understanding of their actual needs and business conditions, we will develop tailored marketing strategies and product improvement initiatives to restore our agricultural equipment products' sales volume and market share in the Bangladeshi market. Additionally, by conducting on-site inspections of how our brand is performing in Bangladesh, we’ll gain valuable insights into both our strengths and weaknesses, enabling us to implement targeted measures that enhance the competitiveness of our products in the local market. Furthermore, we will visit the Commercial Section of the Chinese Embassy in Bangladesh to gather comprehensive information about the country’s overall economic situation, balance of payments, and potential risks. We’ll also seek the Commercial Section’s expert advice and recommendations on how to effectively foster trade and economic exchanges in Bangladesh.

The expenses related to the delegation members will be borne by Tianjin Machinery Import & Export Co., Ltd. These costs have already been included in the company’s current-year budget for temporary official overseas (or border-crossing) travel, which is funded entirely from the company’s internal resources. The estimated cost per person is approximately 19,673 yuan.

Details of the visiting delegation:
Ruan Qinghua, Male, 1975/11/10
Tianjin Machinery Import & Export Co., Ltd. – Department Manager (Team Leader)
Liu Chunyuan, Female, 1976/05/04
Tianjin Machinery Import & Export Co., Ltd. – Sales Representative

March 10, 2025
 

Tianjin Machinery Import & Export Co., Ltd.

Schedule for Comrades Ruan Qinghua and Liu Chunyuan's Trip to Bangladesh

2025 March 10