Let there be a new light

After just six years, Yatron Energy Group, a local company providing energy management services and lighting solutions, is about to open a new factory in mainland China. It will triple its current manufacturing unit capacity as the business expands from Greater China to Southeast Asia.
In an exclusive interview, Kenneth Chan Chio Hong, chairman and chief executive officer of the firm, tells Macau Business how he started a business with MOP10,000 (US$1,250) and grew it into a US$15 million-revenue conglomerate.
Yatron is a diversified organisation providing energy management and lighting solutions to utilities and energy-intensive industries, including commercial, healthcare, data centres and transportation. The company uses General Electric Company (GE) technology and Yatron is GE’s sole authorised switchgear panel builder and distributor here, opening its factory in Zhuhai in 2010.
“In November, we will move into a new plant and our capacity will triple. I had to increase our manufacturing unit’s capacity in order to meet our clients’ demands. With our business setting foot in Southeast Asia, the market is very big,” Mr. Chan says, adding that “our aim for 2015 is for revenue to be around US$25 million. This year, the target should be US$15 million,” the local businessman says.
The company’s main clients are located in Macau, followed by Hong Kong and Taiwan. It also has clients in Southeast Asia now. “In Macau, our major client two years ago was the government. The government’s requirements are very high and we are making high-end products and solutions. Then, fortunately, we started doing casino projects two years ago, like Sands China Ltd, Galaxy Entertainment Group and Melco Crown Entertainment Ltd,” he says.
The full story can be read in this month’s issue of Macau Business magazine, available at newsstands or online at www.magzter.com