Yizumi Selected Among Asia’s 200 Best Under A Billion by Forbes

Yizumi has earned a spot on Forbes Asia’s Best Under A Billion List 2018. Yizumi Deputy Managing Director Yu Zhuokun attended the forum and awards dinner held by Forbes Asia in Japan with awardees from other small and medium sized enterprises on the list.

Forbes Asia’s list of 200 Best Under A Billion Companies focuses on 200 major listed companies with annual revenues of less than 1 billion US dollars in the Asia Pacific region. The candidates must gain annual revenues between $5 million and $1 billion with positive profits and have been publicly traded for at least a year. This year, 24,000 qualified candidates are screened on sales growth and earnings growth in the past 12 months and over three years, and for the strongest five-year return on equity. In the end, 200 best small and medium-sized listed companies in the Asia-Pacific region make up Forbes’ list.  

Yizumi is qualified to enter the list with sales of $294 million, profits of $41 million and a market value of $550 million.

It is worth noting that Yizumi has once again earned the recognition of international authoritative media since it appeared on the list of China’s 50 Most Innovative Companies issued by Fast Company in 2016.

As one of the few equipment manufacturers in the list, Yizumi has always been at the forefront of the industry, constantly innovating and boldly expanding business. So far it has developed into an all-rounded molding equipment manufacturer. At the same time, Yizumi introduces innovative management ideas to support its rapid growth and provides customers with high-quality products and better user experience.

After Dr. Hans Wobbe joined Yizumi as chief strategy officer, Yizumi initiated the connection with European cutting-edge molding technology, particularly Germany’s advanced technology and ideas and has been constantly improving the product design and manufacturing capability to provide technologically-leading, highly cost-effective turnkey solutions for global customers.  

Yizumi Deputy Managing Director Yu Zhuokun (middle) received the award from Christopher Forbes (right), Vice Chairman of Forbes Media LLC.

Yizumi recognized as one of “Asia’s 200 Best Under A Billion”