YIZUMI Offers Million Yuan Rewards to Innovative Technical Teams

On July 18-19, YIZUMI launched its first Science & Technology Festival, awarding over a million Yuan to teams and individuals who have made important contributions. This action not only displays YIZUMI's focus on technological innovation, but also reflects the company's commitment to its strategic development that includes both soft and hard power.

Innovation and Talent Cultivation

Mr. Richard Yan, Chairman and CEO of YIZUMI, stated at the event that innovation includes technological innovation, and talent cultivation and growth. It requires long-term commitment, patience and a high regard for talent. The big rewards are a powerful interpretation of the company's engineer culture and technology-driven philosophy. YIZUMI knows that talent is the source of innovation and the most important resource for business development.

Encouraging Innovation and Tolerating Failure

Million Yuan Rewards to Innovative Technical Teams

In recent years, YIZUMI has been continuously investing on four areas: technological innovation system, core technology research, talent cultivation, and industry influence. It has also actively promoted a corporate culture that encourages innovation and tolerates failure, allowing engineers to freely explore new technologies and develop new projects.

This corporate culture inspires YIZUMI to achieve more and more innovative projects and results, and has made breakthroughs in multiple application fields. Such as the 8500T ultra-large injection molding machine, the LEAP9000 die casting machine, the UN3200MGⅡ Thixomolding machine and other advanced high-end equipment that compete with international brands.

8500T ultra-large injection molding machine

LEAP9000 ultra-large die casting machine

UN3200MGⅡ Thixomolding machine

Expanding Market Competitiveness

These projects and results not only involve traditional technical fields like software development and hardware manufacturing, but also involve product design, process optimization, and other innovation areas. They are successfully applied in actual manufacturing, significantly increasing market competitiveness and market share while also establishing a strong technological barrier for YIZUMI.

YIZUMI has set the precedent in the industry by investing over a million Yuan to honor its R&D teams, which will surely boost its innovation vitality and create a better innovation environment, propelling the industry's technological progress and development.

Practical Measures to Support Innovation

In addition to the million-dollar rewards, YIZUMI has implemented a series of practical measures, including establishing high R&D bonuses, launching the Excellent Engineer Training Program, expanding career development opportunities for outstanding technical personnel, and providing a superior R&D environment and resource support. All of these actions certainly offer solid guarantees for the technical team's innovative efforts.

Over 400 Technology Patents

Breaking Through the Technical Bottlenecks

Several outstanding innovative results and technologies were highlighted at the festival. the worth mentioning one is the new high-performance injection technology of the LEAP series that won the grand award, which is a high praise for the innovation ability of the technical team. The LEAP series encompasses specialized servo valve technology and injection structure technology with independently-developed injection speed and pressure control algorithms, creating a technical gap for the company.

This technological innovation features a new low center of gravity injection unit that not only overcomes the technical bottlenecks of traditional die casting machines in ultra-large structural parts and complex thin-wall parts, but also provides more advanced production solutions to industry customers, allowing them to better control costs and improve efficiency. All of these benefits are the results of YIZUMI's support of technological innovation.

YIZUMI is well aware that these benefits are tremendous and immeasurable. As a result, it has always regarded technological innovation as a crucial lifeline for corporate development. It integrates both soft ware and hard ware and invests more than 200 million Yuan in R&D every year. As of December 2023, it held over 400 technology patents in injection molding, die casting, rubber injection molding, robot automation, 3D printing, digital factories, Thixomolding, and other fields, placing it among the top in the global industry. These figures not only show the company's focus on technological innovation, but also highlight its great potential in future market competition.

Global Innovation System

At the same time, YIZUMI has built a three-tier R&D innovation system of "the Global Innovation Center to Technical Centers of the Business Divisions to Technical Departments" to better connect with advanced global technologies. It concludes 174 core & key technologies, sets the Technology Roadmap 1.0, prioritizing on Premiumization, Intelligentization & Environment friendly technology, making a clear plan for the company's future product and technology development. Furthermore, it employs many global talents to develop new technologies, processes, and materials, allowing the company to better serve worldwide customers.

YIZUMI Global Innovation Center

Industry collaborations

Improving technological innovation capability

YIZUMI values exchanges and collaborations with the industry with an open and win-win attitude. In recent years, it has actively engaged in diverse technology forums, seminars, and exhibitions to discuss and explore cutting-edge technologies with industry experts, scholars, and leading companies. It constantly learns the latest technology dynamics and development trend of the industry through different exchanges and collaborations, providing solid support for the company's technological innovation.

For example, YIZUMI has formed a non-binding "Integrated Die Casting" Industrial Chain Collaborative Innovation Alliance with over ten companies, universities, and research institutes, including FAW, Changan, Baosteel, and Sciveda Machinery, to take the lead in integrated die casting technology.

Through the alliance, YIZUMI strengthens the integration of all resources, promotes scientific innovation collaboration in the industry, unifies mold and process design, evolves into an industrial chain cluster, and finally quickly provides customers with turnkey solutions, promoting the overall development of the integrated die casting industry and the industrial applications.

This open and cooperative attitude has allowed YIZUMI to maintain its technological innovation leadership and set a positive example in the industry, earning the trust and support from more partners and customers.

Summary

YIZUMI's effort to organize a science & technology festival and invest millions of Yuan to honor the technical team consolidates its engineer culture, and effectively promotes its technological innovation strategy. In recent years, YIZUMI has achieved great breakthroughs in technological research and innovation. In the future, YIZUMI will stick to the tagline "Think Tech Forward" and develop with technological innovation to consistently promote company progress and sustained industry development.