Forbes recently profiled Hefei Meyer Optoelectric Technology and CEO Lin Maoaxian, who founded the company in 2000. Meyer is one of the world’s top three in that core business, and No. 1 in China. Meyer’s equipment is used in nearly 100 countries; exports account for 26% of its business. That success helped it make this year’s Up-and-Comers List published by Forbes China.
Meyer told Forbes he holds high hopes for better demand for its food screening equipment for the long run. The article noted
China doesn’t have a “true guarantee” of food safety, Lin said. As many as 80-90% of Chinese food processing firms may not have proper scanning equipment, he believes. Eventually, demand for even safer food in China may rise and benefit Meyer in a big way, but that will only happen with a stronger government regulatory push, he said.