In two days, Canon Zhuhai Co., Ltd. will celebrate its 32nd anniversary. However, a recent announcement with the official seal of Canon Zhuhai Co., Ltd. circulated on the Internet, saying that it had decided to “terminate the company’s production.” On the 13th, the first financial reporter called the Zhuhai High-tech Zone Management Committee for verification. The staff of the management committee confirmed the news and said that Canon Zhuhai has reported relevant matters to the management committee, and the management committee has intervened by relevant departments to urge the company to protect the rights and interests of employees in accordance with laws and regulations.
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“Canon Zhuhai’s termination of the company’s production is a business behavior of a company. As far as we know, the company is still discussing a disposal plan with its employees, and it will be announced in a timely manner if consensus is reached.”
According to the Canon Zhuhai 2020 Environmental Report released on the Canon Zhuhai official website on December 1, 2021, Canon Zhuhai Co., Ltd. currently has 1,317 employees. As of the end of 2020, the company has invested a total of 220 million US dollars. In 2020, it will actually produce 12.29 million lenses, 1.029 million digital cameras, and 94,000 digital cameras.
According to the announcement, due to the sharp shrinking of the global camera market in recent years and the long-term raging of the new crown pneumonia virus, the company’s operations are facing unprecedented difficulties. Despite the joint efforts of the company and its employees, the situation has not been reversed. The headquarters has to adjust the overall operating structure of the group. , after careful research, a difficult decision was made: to terminate the company’s production.
The company’s termination of production has a huge impact on employees. Canon Zhuhai stated in the announcement that it intends to propose a preferential treatment plan for employees to terminate the labor contract by consensus. From the 12th, the company will negotiate with the trade union and employee representatives in accordance with the law. After full consultation and reporting to the relevant departments, the plan will be determined.
Canon Zhuhai Co., Ltd. was established on January 15, 1990, at the Beiling under the Banzhang Mountain in Zhuhai City, from the initial lens, camera, to later printers, fax machines, scanners, CIS (Contact Image Sensor). In order to meet the needs of urban planning and development of Zhuhai City, on November 27, 2013, the company moved to Jinding Industrial Zone, which is located in Zhuhai High-tech Zone. The current products mainly include lenses, digital cameras, digital video cameras and so on.
According to information from Qixinbao, the shareholders of Canon Zhuhai Co., Ltd. are Canon of Japan and Canon (China) Co., Ltd., with shareholding ratios of 83.08% and 16.92%, respectively.
According to the official website of Canon (China) Co., Ltd., Canon’s business in China began in the late 1970s. From the initial technical cooperation to the establishment of a sole proprietorship plant to the establishment of a sales company, it has experienced the exploration of various business models. In March 1997, Canon (China) Co., Ltd. was established to be fully responsible for Canon’s sales in the Chinese market. At present, five regional headquarters have been basically established.
It is worth noting that, according to Qixinbao, Canon (China) Co., Ltd. has invested in 13 foreign companies, including Canon Zhuhai Co., Ltd. In addition, there are Canon (Suzhou) Co., Ltd., Canon (Suzhou) System Software Co., Ltd., Canon Precision Technology Lizhikai High-Tech (Shenzhen) Co., Ltd., etc. Product peripheral equipment and software products, etc.
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The market has shrunk sharply, and it has been difficult for Canon to close its 32-year-old Zhuhai factory.
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