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Making "Small Contributions" to "Big Health" through "Micro Innovation" - Tang Yipeng, a post-95s individual, embarked on a "New" journey of "Second Entrepreneurship" during his seven years
2024/09/30

As the National Day holiday approaches, the production line of Jiangsu Guangsen Medical Equipment Co., Ltd. is becoming increasingly busy. This enterprise located in Danyang High tech Innovation Park specializes in the research and development, production, and sales of medical devices such as electric suction devices, oxygen inhalers, and medical stethoscopes. Assembly, quality inspection, packaging... Watching one new product after another smoothly go offline, the company's general manager Tang Yipeng happily said, "We have shipped over 5000 products and achieved sales of more than 3 million yuan

 

5000 units, over 3 million yuan. For a company that has only been established for over a year, this is undoubtedly a record worthy achievement. For 28 year old Tang Yipeng, this "good start" answer sheet declares that he has overcome the most difficult difficulties on the road to entrepreneurship and achieved phased success.

 

In fact, as early as his student days, Tang Yipeng was a daring and daring "trendsetter". He uses weekends and winter and summer vacations to work part-time in factories and on the streets, sensing social needs and trends; While searching for business opportunities on campus, selling essential products such as power banks for student groups, and conducting entrepreneurial "rehearsals" in practice. By the time Tang Yipeng graduated from school in 2017, he had earned his "first bucket of gold" in life, which further strengthened his desire to start his own business and become a boss.

 

In August 2018, Tang Yipeng rented a factory building and bought two second-hand injection molding machines during his visit to Xi'an. He registered Danyang Guangsen Plastic Products Co., Ltd. to provide supporting processing services for medical equipment, electromechanical accessories and other enterprises. As a grassroots entrepreneur like me, it's really difficult to get started when we lack resources, funds, and customers. "Young Tang Yipeng works as a boss, worker, salesperson, and deliveryman, either helping in the workshop or shuttling between customer units. He can drive trucks, forklifts, and turntables without any problem. He, who holds multiple positions, works tirelessly but is also fulfilling.

 

Under his unremitting efforts, the company gradually gained a stable customer base and steadily expanded its scale. In addition to the injection molding workshop, the company has successively added painting workshop, spray painting workshop, and sheet metal workshop, with an annual output value of 6 million yuan as of the end of last year.

 

Watching the company get on track, the restless Tang Yipeng is ready to embark on a new challenge: anchoring the "big health" track, building his own brand, and innovating and developing medical equipment suitable for different scenarios such as hospitals and homes. This is not a last-minute idea, but a decision made after careful consideration and in-depth research. As a medical device product supplier, during the COVID-19 epidemic, Tang Yipeng and the workers worked overtime to catch up with orders and ensure delivery time after time, fully guaranteeing the production of relevant medical equipment and contributing to the fight against the epidemic. During this period, his experience allowed him to glimpse the vast blue ocean of the "big health" industry, and also realized that companies should also have emotional responsibility when pursuing performance development.

 

At the beginning of 2023, Tang Yipeng spent more than three months on business trips across the country to conduct research, analyze market conditions, and determine the electric negative pressure suction device as the leading product for "secondary entrepreneurship". As a medical device, negative pressure suction devices are used to drain sputum, contaminated blood, pus, and secretions from patients in operating rooms and emergency rooms. By creating a negative pressure environment, they promote wound healing. Tang Yipeng said that with the development of medical and health care, the requirements for operating room hygiene and infection control have become increasingly strict. With the aging population and the increasing number of chronic patients, people's demand for medical care is also constantly growing. Under the combined effect of these factors, the market size of negative pressure suction devices continues to expand. However, mainstream medical device manufacturers in China have not invested enough energy in this series of products, which has also given latecomers the opportunity and possibility to catch up and surpass. Tang Yipeng decisively seized the opportunity and worked tirelessly to build a team, establishing Jiangsu Guangsen Medical Equipment Co., Ltd. and registering the "Guangsen" and "Guansen" brands, competing in the field of "big health".

 

Tang Yipeng said, "At present, the electric attractor products in the market are relatively mature and standardized. Guangsen needs to make micro modifications and innovations in product structure and performance, and develop and produce high-quality products that are suitable for different medical scenarios, meet the medical and health needs of different groups, and have cost-effectiveness." This entrepreneurial concept has been recognized and supported by the Danyang High tech Innovation Park team, and Jiangsu Guangsen Medical Equipment Co., Ltd. officially settled in the park in July last year. Afterwards, the park operation team not only provided free production space for Guangsen, but also provided great assistance to Tang Yipeng in handling entrepreneurial loans, connecting with industry university research resources, and participating in innovation and entrepreneurship competitions, allowing him to lead the team in innovation research and development and break through technical problems without any worries.

 

Over the past year since entering the park, Guangsen's entire R&D team has been operating efficiently and has launched more than ten medical device products, including electric suction devices, oxygen inhalers, and ultraviolet sterilization lamps. They have obtained three patent authorizations and are currently applying for nine patents, including one invention patent. The latest research and development of ultra-low negative pressure amniotic fluid electric suction device, high negative pressure suction and liposuction machine, portable and vehicle mounted electric suction device and other products are all in the sample testing stage and will soon be launched on the market.

 

While promoting the research and development of new products, Tang Yipeng travels across the country with a backpack on his back to search for sales channels. At first, we were rejected a lot because Guangsen is a new brand and customers are not familiar with our products. "He immediately changed his mind and opened flagship stores on e-commerce platforms such as Tmall and JD.com, actively participated in industry exhibitions to promote his products, and quickly achieved a breakthrough in order volume. Our product has stable performance indicators, low noise, and a service life far exceeding industry standards. Its price is lower than similar products in the market. It has been favored by customers from Europe, Africa, Latin America, Southeast Asia and other places at the exhibition, and has received a batch of overseas orders, ranging from four or five units to over a hundred units. "Tang Yipeng said that as of now, Guangsen has sent more than 3000 medical equipment overseas. And domestic sales channels have gradually opened up, establishing sales channels in more than ten provinces and cities such as Guangdong, Hubei, and Hebei.

 

On September 20th, the Jiangsu Provincial Department of Science and Technology released the first batch of technology-based small and medium-sized enterprises to be included in this year's list, and Guangsen Medical was among them. In August of this year, Guangsen Medical was awarded the title of Excellent Enterprise in the 12th "Entrepreneurship Jiangsu" Science and Technology Entrepreneurship Competition and the 13th China Innovation and Entrepreneurship Competition Jiangsu High end Equipment Manufacturing Industry Competition. All of these have further boosted Tang Yipeng's confidence and confidence in becoming a bigger and stronger enterprise: "We will continue to introduce outstanding talents in the industry, promote product iteration and upgrading, produce more new products that meet market demand, and strive to achieve sales of 100 million yuan within five years

 

Tang Yipeng believed that by taking small steps and traveling thousands of miles, the small victories can lead to great victories. Looking towards the future, he has a clear mind and lofty aspirations: "As one of the most promising strategic emerging industries in the world, the 'big health' industry is an important fertile ground for cultivating new quality productivity. Guangsen will continue to promote 'small progress' through' micro innovation ', persistently make new contributions to the cause of human' big health ', and write the answer sheet for the struggle of our generation of young people