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Dongguan secures $440 mln in deals at Canton Fair's phase

The first phase of the 136th Canton Fair has wrapped up, delivering impressive results for Dongguan enterprises. A total of 195 companies from the city participated, occupying 391 booths. 

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According to preliminary statistics, these businesses collectively secured intention deals worth 440 million dollars, marking a slight increase from the previous session. Dongguan's industrial prowess was on full display as companies welcomed global buyers to visit their factories and witness the manufacturing capabilities of the city firsthand.

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Taking full advantage of the Canton Fair's platform, Dongguan enterprises held 16 matchmaking events with international buyers, engaging with markets from the Middle East, Latin America, and Africa. These efforts are helping local businesses tap into emerging economies. Many participating firms reported that this year's buyers came with clear purchasing goals, showing a strong willingness to place orders. This reflects the continued trust in Dongguan's high-quality products.

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One of the participants, Guangdong Hyxoin Smart Kitchen Co., Ltd. (Hyxoin) saw an influx of 500 potential clients, including buyers from Dubai and Canada, with intention orders exceeding 20 million RMB. The company, a long-time participant, showcased over 30 products ranging from induction cookers to air fryers. Hyxoin has reported a 30% increase in export business over the first eight months of this year.

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Dongguan Yongqiang Vehicles Manufacturing Co., Ltd. (YQ Vehicles), attending the Fair for the 20th time, introduced its latest 38 cubic meter aluminum alloy oil tanker. The company secured more than 100 potential customers from regions including Algeria, Mongolia, and the Philippines, with several orders currently under negotiation. 

YQ Vehicles' export business has experienced a 12% growth this year, bolstered by new orders from countries such as Madagascar and Congo. The company has used the event to successfully enter markets in Australia, Southeast Asia, and South America, ensuring that its products meet the specific needs of diverse regions.

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At the same time, Dongguan VR SHINECON Industry Co., based in Fenggang Town, received a steady stream of foreign buyers eager to explore its latest AR/VR/MR and smart products. These innovations, particularly AR glasses and translation earphones, attracted significant attention from overseas clients. Aviad, a buyer from Israel, visited the company to negotiate long-term cooperation. He praised the company's focus on product quality, saying it strengthens their commitment to forging lasting partnerships.

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Dongguan has placed a high priority on the Canton Fair, with city officials actively conducting on-site research and promoting investment opportunities to international investors. During the event, the Bureau of Commerce of Dongguan City, alongside key export enterprises, organized seven site visits and matchmaking sessions with business delegates from countries like Russia and Chile, helping international buyers better understand Dongguan's leading industries and fostering deeper global cooperation. 

Source | Dongguan Today

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