Success for Cygnet Group in Greater China Business Awards 2015

Published on February 23rd, 2015

Greater China Bites Seminar 20th Feb 2015 held at The Lowry Salford QuaysCygnet Group was awarded the top accolade at the Greater China Business Awards 2015 on Friday 20th February

The Wincham-based manufacturer won the Business Award alongside joint winner, engineering consultancy Arup, in the annual awards hosted by UK Trade & Investment North West.

Now in its 10th year, the Greater China Business Awards celebrate the companies and organisations that have made the most significant contribution to developing trade or educational links with China.

Cygnet Group, which manufactures machinery to process technical fibres including carbon fibre used in the automotive and aerospace industries, was recognised for its sustained growth in China and its commitment to building long-term trade partnerships in the region. 30 per cent of the company’s UK-manufactured machines are now exported to Chinese customers.

Accepting the award at Friday night’s ceremony at The Lowry theatre in Salford Quays, Matthew Kimpton-Smith said: “China holds massive opportunities for UK businesses like ours if we play to our strengths and take the time to understand and appreciate our cultural differences.

“Our strategy in China has always been to take time to build long-lasting relationships with our customers and this is undoubtedly the key to our success.

“Winning this award is a huge achievement and a reflection of all the hard work our talented and dedicated team invests in supporting our Chinese customers.”

UKTI NW Greater China Awards 2015

Philomena Chen, Head of Asia Pacific Development for UK Trade & Investment North West said “There was an outstanding level of entries for this year’s Greater China Awards, across a wide range of sectors, the 2014 winners are the companies who have showed the most evidence of a commitment to the market and who have successfully expanded their business in mainland China, Hong Kong or Taiwan.

“Cygnet has earned the position of supplier of choice with many Chinese customers by working directly with them and building trust.”

Clive Drinkwater, Regional Director for UK Trade & Investment North West, commented: “I am delighted that the Greater China Awards in the North West are still going strong as we reach our tenth anniversary.

“North West exports to Greater China topped £2 billion in 2013, and China is currently the 3rd biggest export market for the North West, yet when the Greater China awards began in 2005 it was not even in the top 10.

“This success reflects the great importance the North West as a region places on Greater China, and the long term rewards and success enjoyed by companies and educational establishments that have invested significant time and effort in furthering their business interests there.”