in China, China visit #3, Post #9 - covering June 25th/2014... Guangzhou Five Goat, Dixmont , Dixmont Guangzhou
in my last post that "Some things will become clearer during my next post
about Dixmont/Guangzhou/Five Goats (yup, that's a tease...)"...and it was.
blue border, courtesy WatchuSeek member: btgalen "Galen" 杨羽成)
morning of the 25th of June, we travelled to the Guangzhou Five Goat Watch
Factory which, although in a different location because the factory has
moved a few times in its history (and with a somewhat new name), is a
direct evolution from the original State-owned Guangzhou Watch Factory
which opened in 1958, producing mechanical alarm clocks by 1959, and its
first 500 watches containing the SG3 movement in a trial run in 1961.
couple of early Guangzhou watches from the AMCHPR collection..
Guangzhou standard/tongji movement (amchpr):
In 1965, the
clock making arm of the company was moved to a different location and,
since then, Guangzhou Watch factory has been solely a watch building
In 2011 (and
here the tease is done), Guangzhou Watch Factory became Guangzhou Wuyang
(Five Goat) Watch Co., Ltd, in a joint venture between Shenzhen
Municipal of Seti Trade Development Co., Ltd, and China Haidian
Group/Rossini, with 78% of the company owned by Haidian/Rossini.
Roughly 95% of current Five Goat revenue to China Haidian Group/Rossini is
in movements and components (including tourbillons), and 5% is in whole
watches. To give an idea of scale, Five Goat delivered over $10,000,000 in
after tax profit to China Haidian in 2012 and has 800 employees.
that, the two domestic brands owned by Five Goat: Guangzhou and Dixmont,
have recently introduced 14 new watch designs (designed domestically
and/or by Swiss designers) and Five Goat intends to remain a manufacture
as well as a movement builder.
these photos make clear, the current Five Goat factory is nowhere near as
modern as the Rossini plant, the China Haidian/Rossini venture has
Guangzhou Wuyang (WuYang means Five Ram/Five Goat) Watch Co., Ltd moving
to a brand new, state-of-the-art facility in Guangzhou in roughly 2 years,
a move eagerly -- and proudly -- anticipated by both Five Goat and Rossini
come the photos from June 25th...with my very sincere thanks to General
manager LinWeiMing and the Marketing Department's Andy Chiang for the fine
factory tour, we visited the Guangzhou Wuyang (Five Goat) Watch Co., Ltd
stop this day was a private collector's antiques/vintage
collection, just to see some non-Chinese very classic watches and other
antiquities. The collector asked not to be identified, but I'm -- again --
very grateful for the oportunity to view these beautiful items.
The last stop of the day before travelling to Shenzen was another,
smaller, watch making factory that does OEM work for a number of Chinese
manufacturers, including Shanghai (which I assume -- judging by the office
where we started our tour -- is their major customer).
is a less modern factory. Mind you, one of the very valuable aspects of
the older factories is the ability to get up very close to the work, which
makes for great photographic fun. As we were somewhat pressed for time, I
didn't shoot anything of the watch displays in the office. We went
straight to the production area...
for photos on the 25th. As I mentioned, we were pressed for time as we
were headed to Shenzen and the hotels we'd booked there, so the rest of
the night was spent bustling and hustling from Guangzhou to Shenzen. I
don't remember even thinking about my camera, we were so busy.
next morning was the opening of the 25th Annual Shenzen Watch and Clock
Fair, June 26th to 29th. So, as usual, more to come!! 8-)