Page 15 - PSTC - One Report 2023 (EN)

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Power Solution Technologies Public Company Limited
Competitive Strategy
The Group has the following competitive strategies:
1) Product Quality
The Group gives priority to the quality of the systems it provides to its customers by designing and adapting systems that are suitable for meeting customer and usage needs. The company sends a team of engineers to fully cooperate with the employer from the project proposal stage and have quality control at every step of the operations and focuses on the quality of the products selected with standardized measuring machines meeting ISO 9001:2015 quality standards.
2) Quality of Service Delivery and Building Good Relationships with Customers
he Group’s services involve systems that require continuity of work, where damage from malfunctions can cause direct damage to equipment or indirect damage from system downtimes. Therefore, the Group focuses on quality and speed of service provision, while providing efficient post-sale services.
In addition, the Group focuses on building good relationships with customers and target groups to reassure customers that they will receive good services with full understanding of the needs of customers, while building a customer base for future business.
3) Qualified Personnel
The Group places great importance on the quality of its personnel by providing training for employees to increase knowledge and skills suitable for the work of each department by providing training both inside and outside the organization, and organizing an annual training plan, as well as having a reward and welfare policy that can compete with other companies in the industry in order to incentivize knowledgeable employees to work with the Group for long periods of time.
4) Contracting for the Sale of Long-Term Services
The Group focuses on contracting for the sale of electricity and fuel products as long-term contracts to provide continuous customer serviced and sustainable revenue growth.
Recent History and Important Developments
Power Solution Technology Public Company Limited (the “Company”) was established on 25 June 2001 by M.V.T Communication Public Company Limited in collaboration with M.V.T Communication Public Company Limited’s Power Backup System Management Group, as it recognizes the opportunities and expansion of the uninterruptible power supply product group. The initial objective was to provide a telecommunication power backup solution with high quality and standards for both the public and private sectors. Since then, the company has continued to expand its business. The Company has undergone the following significant changes and developments over the past 3 years: