2026 Business Meeting | Quality Is Still Our Direction

2026 Business Meeting | Quality Is Still Our Direction
2026 has not been an easy year for the market.
Overall economic conditions remain challenging, while the price of tungsten carbide powder — one of the key raw materials for our products — has continued to rise.
At the same time, the market is becoming increasingly price-sensitive, with many customers looking for lower prices.
In this environment, MILALION held our 2026 Business Management Meeting.
During the meeting, our Chairman listened to feedback from different departments and discussed the challenges we are facing in the current market.
The final direction was clear:
Stay committed to high quality.
Keep investing in technology and R&D.
Reduce manufacturing costs through technical improvement.
And provide customers with products that offer real value for money.
We don't believe that the answer to a difficult market is simply to use cheaper materials or reduce product quality.
And we don't want to compete only by offering the lowest price.
Instead, we want to ask:
How can we make the product better?
How can we improve the manufacturing process?
How can technology help us reduce costs?
How can we give customers better performance at a more competitive price?
This is not an easy road.
But we believe it is the right one.
For MILALION, high quality and cost competitiveness are not opposites.
The goal is to use better technology, better processes and better management to achieve both.
The market may change.
Raw material prices may change.
Customer expectations may change.
But our direction remains the same:
Keep improving. Keep investing in technology. Keep delivering high-quality, cost-effective products to the market.
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