When the COVID-19 pandemic struck this year, the Taiwan National Mask Team was able to achieve both fame and fortune. The mask-related companies such as Mytrex, Evergrande, and Kang Na Hsiung have been performing very well in profitability in the first half of this year.
What is less known is that Mytrex, the melt-blown nonwoven manufacturer under ShareHope, originally intended to terminate the mask business under the price cut competition of Chinese mask manufacturers, but because of the epidemic, the name "Made in Taiwan" has been re-launched and unexpectedly became the object that many countries are fighting over for.
Reject Short-term Speculation and Cooperate with the Government's Pandemic Prevention Policy
Facing the sudden "prosperity", Hung-Jen Yang, the Chairman and CEO of ShareHope was not stunned. When someone suggested that Hung-Jen Yang should take advantage of the rare masks to live in, let the Mytrex, who owns the key material of masks, melt blown nonwoven material, and start manufacturing masks. Hung-Jen Yang rejected such short-term suggestions, and felt that this MIT trend should be used to make some advanced arrangements that are conducive to the long-term development of Mytrex, so that Mytrex's mask raw material business will not go back to how it used to be before the pandemic happened.
To cooperate with the government's pandemic prevention policy, Mytrex has recently been expanding its melt blown nonwoven material production capacity in Taiwan. In late September, Hung-Jen Yang visited many factories in Kaohsiung, hoping to find suitable existing factories and quickly install machines to further increase the production capacity of Mytrex and corporate with the government in preparing for the pandemic prevention this fall and winter. In addition, after the government nodded in agreement, Mytrex also stepped up drills to export one of the production lines to the United States. Everything in front of him seemed to be developing in a direction that is beneficial to Mytrex. But Hung-Jen Yang was not satisfied with this. He still has a great plan in his mind-to lead Taiwan's Personal Protective Equipment (PPE) manufacturers to go abroad to compete internationally.
Hung-Jen Yang, who holds a master's degree in public health from Harvard University and a master's degree in business administration from Boston University School of Management and Peter Drucker School of Management, jokingly said that perhaps it was influenced by the movie "Wall Street", in the past, the quality of products that are made in Taiwan were doubted by other countries, but after the outbreak of the COVID-19 pandemic, this situation has changed, especially in terms of personal protective equipment such as masks. The quality has been recognized by foreign governments and industry players. Faced with the situation, Taiwan must find a way to continue to retain or continue after the pandemic.
The goal is to build an ecosystem of personal protective equipment
Hung-Jen Yang observed that this wave of pandemic has allowed governments of many countries to understand the importance of establishing a supply chain of personal protective equipment in their own countries. Therefore, in terms of business strategy, Taiwanese companies should not just want to sell masks and other protective equipment to each other, but think about where is each other's intersection!
In addition to the expansion of Mytrex’s factory in Taiwan, Hung-Jen Yang also extensively exchanged opinions with manufacturers in the entire pandemic prevention industry supply chain, hoping to persuade the industry to build a complete personal protective equipment ecosystem. In the future, it can continue to be exported to countries around the world, especially in Southeast Asia.
Taiwan's masks can be of high quality, and the quality of melt-blown nonwoven materials is one of the main key factors. In other words, Mytrex, who has mastered the technique, and has a huge competitive niche if he ventures into the production of masks in this era of MIT masks. Hung-Jen Yang said that for personal protective equipment, Mytrex will focus on their own strengths and core advantage, and will not go on and produce masks just because masks are very trendy now. He hopes to combine with mask and machine tool manufacturers to assist other countries in establishing their own pandemic prevention asset industry chain.
Hung-Jen Yang believes that this wave of pandemic has given governments all around the world a sense of crisis. In the long run, personal protective equipment in many countries is likely to become self-sufficient. Therefore, compared with short-term personal protective equipment needs, governments of all countries may be more concerned about the capacity of personal protective equipment. For this reason, by cooperating with governments or enterprises of many countries, exporting the entire production line and using this in exchange for equity, the business can flow in a long way. Otherwise, when each country has its own personal protective equipment manufacturer, it is conceivable that the market may be another red sea.
The Company Struggles to Transform and Gather BioICT
In addition to personal protective equipment, Hung-Jen Yang pointed out that Taiwan's pandemic prevention performance has become internationally renowned, and countries around the world have slowly to notice the strength of biotechnology industry in Taiwan. Looking to the future, BioICT will be a new opportunity for Taiwan to get on the international stage. ShareHope will continue to focus on the digital transformation of the company, combining the advantages of precise health diagnosis, from disease to disease-free stage to using precise detection to grasp health prediction, provide customized and precise care, and expect to complete the goal of moving healthcare services to e-commerce platforms and for everyone to have their own "ShareHope AI Health Cloud".
Original from:：新新聞1752期 ─【ＣＥＯ想什麼】盛弘楊弘仁攜手台廠打世界盃 ◎林哲良
