The list of "2024 Advantageous Enterprises of the China Plastics Machinery Industry" has been officially revealed. YIZUMI is ranked second on the lists of "Top 40 Comprehensive Strength Enterprises of China Plastics Machinery Manufacturing Industry in 2024" and "Top 18 Enterprises of China Plastics Injection Molding Machinery Industry in 2024" sorted by two economic indicators in 2023: main business income and net profit.

Strong Performance in 2023:

In 2023, YIZUMI's operating revenue achieved 4.096 billion Yuan, increasing 11.30% year on year. Among them, the Injection Molding Machine Division achieved a total annual sales revenue of 2.76 billion Yuan, a 3.86% increase year on year. In sum, the operating performance of the Injection Molding Machine Division defied expectations and continued to increase steadily, with remarkable performance in key indicators such as operating revenue and profit.

Navigating Technological Transformation:

Currently, the global manufacturing industry is experiencing a new phase of technological transformation. Enterprises can only thrive by adhering to long-term principles, daring to change and innovate, and steadfastly moving forward with defined strategies.

Faced with challenges such as increased competition and slowing global economic growth, YIZUMI has always been committed to its development strategy, improving its management mechanism, strengthening its R&D innovations, and optimizing its products and services to achieve stable global business growth.

YIZUMI's Strategic Vision:

Guided by its new development strategy, YIZUMI will actively drive the upgrades in three areas, including products and technologies, customers and markets, and operations and organizations, to achieve its long-term goal of being among the top five global manufacturers of injection molding machines.

Innovation and Collaboration: YIZUMI will continue to gather global wisdom, focus on cutting-edge molding technology research, strengthen independent innovation abilities, develop a global innovation platform, and achieve win-win cooperation across the industry.

Global Market Expansion: YIZUMI will expedite its key market layout worldwide, enhance its overseas market share, and deepen its localized operations in overseas markets.

Organizational Transformation: YIZUMI will actively evolve from a functional organization to a customer-oriented process organization, improving organizational efficiency and driving the shift from traditional manufacturing to Industry 4.0, resulting in a data-driven and automated smart factory.

Commitment to Future Growth:

In the future, YIZUMI will continue to advance in the three major directions of "Intelligent and Efficient, Global Operation, and Green Development" while adhering to the tagline of "Think Tech Forward". BY enhancing the company's core competitiveness, YIZUMI will continue to provide better products, higher quality, faster delivery, and greater value to global customers.