On December 2nd, the groundbreaking ceremony for YIZUMI East China Production Base was held with great fanfare in Nanxun, Zhejiang. This milestone not only reflects YIZUMI's strategic vision to expand from its South China headquarters to energize the East China region and lead the nation in smart manufacturing, but also marks a pivotal move in the company's efforts to enhance production capacity and strengthen its strategic positioning.
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Richard Yan, Chairman and CEO of YIZUMI, LIANG Jinghua, Vice Chairman of YIZUMI, and Samson Chen. Deputy Managing Director and COO of YIZUMI, along with leaders of the Party Committee and Government of Nanxun District, business partners, investors, and journalists, totaling over a hundred attendees, were present at the groundbreaking ceremony, witnessing this significant moment together.
Foster Strategic development in East China
East China, a key engine of China's economic development, not only boasts a vast scale and significant agglomeration effects in the new materials industry but also shows a thriving trend in multi-sector industrial cluster, demonstrating formidable vitality. In recent years, leveraging its profound industrial heritage and outstanding innovation capabilities, the region has emerged as a shining highland in China's new energy vehicle manufacturing sector.
YIZUMI, keenly assessing market trends and strategic opportunities, had chosen to establish its East China base in Nanxun, Zhejiang. This decision was based on a deep understanding of future market dynamics and aims to better serve the vast surrounding industrial clusters, thereby driving the development of intelligent manufacturing.
The establishment of YIZUMI East China Production Base will create a synergistic effect with YIZUMI China Wujiang Factory, bringing it closer to customers and markets in East China, and enabling faster, more efficient response and services. At the same time, Nanxun's unique resource advantages and superior business environment will provide momentum and support for YIZUMI's continuous exploration and rapid development in intelligent manufacturing.
"The establishment of YIZUMI East China Base is a pivotal move in our strategic layout. It not only responds to capacity upgrade trends in China but also captures the future development trends of intelligent manufacturing." Mr. Yan emphasized, "It will significantly promote the research, development, and industrialization of large two-platen injection molding machines, drive the widespread application and industrial implementation of digital molding equipment in the industry, and thereby contribute greatly to the robust development of the high-end equipment manufacturing industry in the East China region and across the country."
Upgrade production capacity to build industrial clusters
YIZUMI East China Production Base, a strategic move in the company’s production capacity upgrade, spans 220,000 square meters with an investment of over 2 billion Yuan. It integrates R&D, manufacturing, sales, and service, becoming a comprehensive regional base in East China.
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Phase 1 of the Base, covering an area of 110,000 square meters with a planned annual production capacity of over 1,000 medium to large tonnage two-platen injection molding machines, is set to add more than capacity of 1.5 billion yuan for YIZUMI's injection molding machine product line. This initiative is expected to enhance YIZUMI's production capabilities in the East China region in synergy with YIZUMI China Wujiang Factory, thereby boosting YIZUMI's global expansion capabilities and delivery speed, laying a foundation for achieving the company's production target of over 10 billion Yuan.
With its Global Operation strategy, YIZUMI is continuously advancing its global layout and accelerating the upgrade of market expansion and customer service. Currently, YIZUMI has established multiple production bases worldwide and has set up over 12 technical service centers to meet the needs of local and neighboring customers in various countries and regions. This strategic move not only aligns with the company's commitment to integrating global resources and optimizing supply chain management but also underscores its dedication to enhancing its global footprint and service capabilities.
By the end of 2024, YIZUMI has had a total of five injection molding machine production bases in YIZUMI China Wusha No.1 Factory, YIZUMI China Wusha No.2 Factory, YIZUMI China Wusha No.3 Factory, YIZUMI China Wujiang Factory, and YIZUMI India factory. The establishment of this new base will further improve YIZUMI's industrial supply chain and cluster layout, enhance production efficiency, and reduce production costs, providing strong support for the company's global business operations.
In the future, YIZUMI East China Production Base will collaborate with other YIZUMI factories to establish a high-end intelligent equipment industry cluster that integrates the company's headquarters, factories, production bases, industrial internet, molding solutions, and incubation platforms. This initiative aims to enhance YIZUMI's production efficiency and reduce costs, providing robust support for the company's global operations.
Digital Innovation Driving the Future of Smart Manufacturing
Amid the global shift towards advanced manufacturing, digital factories are driving the industry towards greater intelligence and efficiency. YIZUMI, as a leading provider of advanced industrial molding equipment system and services, is swiftly embracing a digital and intelligent transformation, having already successfully implemented 7 intelligent production lines.
YIZUMI East China Production Base, strategically positioned as a high-end intelligent equipment hub in the region, not only supports the company's strategic transformation and optimization of its industrial structure but also carries the mission of driving the deep integration and innovative development of new information technology with advanced manufacturing techniques.
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The Base will be designed and planned to meet the standards of the world's most advanced molding equipment manufacturing factories, integrating digital technology with lean manufacturing and adopting advanced full-line production models from the automotive sector. This initiative aims to establish a digital workshop, achieving intelligent manufacturing that boosts efficiency and product quality. It will serve as a lighthouse and benchmark in the industry, with a significant clustering effect and demonstrative role, setting a model for the digital transformation of manufacturing in East China. For YIZUMI, this is a remarkable milestone in our journey of innovation and development.
James Zhang, Deputy Managing Director of YIZUMI and General Manager of YIZUMI Injection Molding Machine Division, said, 'Pursuing advanced technology is a core principle at YIZUMI. We will continue integrating new technologies and standards to set a benchmark for intelligent manufacturing in the global molding industry, enhancing our innovative productivity and competitiveness. Additionally, we are committed to green development and sustainable operations, driving the manufacturing sector towards higher-quality growth.
Conclusion
Nanxun, with its rich history, is welcoming the burgeoning high-tech industry with open arms. YIZUMI East China Production Base, a base that blends tradition with modernity and technology with human culture, will serve as a pivotal hub for YIZUMI's reach across East China, extending its influence throughout the nation and beyond.
Nanxun will witness YIZUMI's journey from East China to the nation and beyond. Together, we look forward to the YIZUMI East China Production Base leading the new wave of smart manufacturing with openness and innovation.
