Elephant mud pumps are increasingly recognized by domestic and foreign customers. In the trenchless industry, Elephant mud pumps have occupied 60-70% of the market share. In order to explore new industry areas, we established a new R&D department. This is marking a significant milestone for our company.
On September 11, our company held a welcome meeting for these new employees. We believe that innovation is the key to sustained success. With the establishment of the R&D Department, we are investing in the development of groundbreaking technologies, exploring new possibilities, and propelling our company towards the forefront of the industry. The new team members will bring fresh perspectives, diverse expertise for our products and services.
The formation of the R&D Department is an integral part of our strategic plan to expand into new markets. Our new team members will play a pivotal role in identifying untapped market segments, understanding customer needs, and designing cutting-edge solutions that exceed expectations. By embracing the challenge of pioneering new markets, we are poised to unlock tremendous growth and seize exciting opportunities.
To our new team members, we extend our heartfelt welcome and express our unwavering support. This is a pivotal moment in our company's history, and we are confident that our collective drive, determination, and innovative spirit will propel us to new heights of success. Welcome to join Elephant Machinery CO,LTD.