Zhou Jun: Achieve Transformation and Upgrading by Technology

YIZUMI had just hosted the YIZUMI CONNCECT 2023 in April, setting out the vision of "To be a world-class molding equipment solution provider" and drawing up two major strategic themes of the expansion in the global market and the penetration into the global high-end market.

For this, Dr. Zhou Jun, YIZUMI's Chief Technology Officer (CTO) expressed: "Our strategic goal is to leverage on the global strategy, adopting the technology-driven approach to achieve industrial transformation and upgrading for YIZUMI. It requires the following five parts that are organically combined together, mutually complementary and indispensable to each other: globalization of the business, the industrial operating platfrom, the talents, the technologies and the capital."

Highlights from Dr. Zhou Jun's speech at YIZUMI CONNECT 2023

Therefore, for YIZUMI to achieve its strategic goals, it must develop and master the core technologies, deeply implement its leading technical strategy. It must gain a foothold in the global market and acquire the customers worldwide, and quicken its deployment in the key global markets and enhance the operational levels of its factories, subsidiaries, and technical service centers. It must also build a global talent team and a global collaborative, innovative platform, strengthen its cooperation of "products' study, research and application" with global leading research schools, institutions, and platforms and reinforce the creation, protection and application of the independent intellectual properties to develop differentiated competitive advantages.

Technology enables businesses

To achieve cost savings and performance enhancement

The question of how to create sustainable competitive enhancement and boost values by adopting the innovative technologies that drive the businesses is, in fact, a critical issue that any company must consider and prepare a concise plan amid the complex and ever-changing operating environment within and beyond the company.

With a fresh round of the booming technology revolution and industry transformation, digitalization, networking and intelligentization have become the development mainstream of the equipment manufacturing industry. As a leading company in the industry, YIZUMI is supporting, enabling and leading the businesses through technological and product innovation as well as providing the best value experience for our partners by adopting the key technology path of "energy savings, environmental protection, high efficiency, economy and ease of use."

"In order to achieve this market positioning and goal, it is necessary to maintain continual thinking about the technological strategy and deployment in the medium and long term in the first place." Dr. Zhou Jun added, "Technology should not only support the current business development needs, but more importantly, it should also be able to lead the continual enhancement of businesses which requires looking forward to the future, resolving the conflicts between short-term interests and long-term development. To resolve conflicts between short-term interests and long-term development, it must consider the strategic development planning of technology in the medium and long term."

Second, the construction of technology goals must take into consideration of the alignment with the business path. The purpose of technolog innovation is to promote the sustainable development of businesses. The role of technology innovation for the achievement of business goals at different stages is different, however. The invested resources may not necessarily produce a positive impetus instantly, and it may even weaken the current business investment to a certain extent. Thus, it requires a reasonable construction of technology goals according to the overall business demand to meet the diversified needs of different business scenarios.

Last but not least, technology research and development must adhere to independent innovation to master the core technologies as its main goal. The construction of technology goals must integrate the original innovation, integrated innovation and the innovation based on the incorporation of technologies being introduced together, and maintain the two-way drive of market and technology in a persistent manner. To build the core technology clusters, it must roll out the three-dimensional and progressive R&D and create an industry-advanced technological innovation platform to achieve the goals of supporting, enabling and leading the businesss development.

Restructuring the value system

Enabling the Digital Transformation of Companies

Now, digitalization has become an irreversible trend in the future. In comparison with the traditional companies, modern and futuristic companies with robust digital genes are more versatile, have stronger creative abilities and broader space for growth. For companies, however, digital transformation is only a means but not an end.

"To achieve digital transformation, YIZUMI clearly understand the strategy and business goals of corporate development in the first place. It must build its digital strategy based on the corporate strategy to achieve the synergy between the industrial chain and value chain." As the leading icon of YIZUMI's technological development, Dr. Zhou Jun has his own unique perspectives.

For YIZUMI, digital transformation is mainly divided into the internal and external aspects. The "internal" aspect refers to the enhancement and restructuring of the business, while the "external" aspect refers to the expansion and upgrading of the business. The internal digital transformation focuses on the completion of construction and integration of the internal information, which includes the horizontal collaboration and integration with the business value chain as its core, as well as the vertical integration with manufacturing and production as its core, with the accomplishment of the horizonal and vertical integration at the same time.

Setting out from the internal corporate management process, regardless of the technological R&D, sales, or production, every process requires to be standardized and process-oriented, followed by being digitally transformed and upgraded according to our characteristics to achieve business agility, automation and adequate versatility and resilience in the face of intense market and customer demands.

Currently, YIZUMI is critically driving the optimization and restructuring of the Integrated Supply Chain (ISC) and the implementation of Integrated Product Development (IPD), both of which are fundamental support for digital transformation from the perspective of process standardization.

In addition, it must build an Information System at the strategic level, deeply integrate PLM, ERP, MES, CRM and other digital software platforms for design and manufacturing, and eradicate data silos to achieve a holistic-process manufacturiung system driven by data. At the same time, aligning with the national digitalization strategy of the manufacturing industry and the current industry trends, it must also construct a digital product ecosystem revolving around the intelligent hosts, intelligent units, intelligent production and intelligent services so as to achieve the upgrading and restructuring of the businesses.

Building Core Competitiveness

To Drive the Cross-Boundary Growth of the Business

As the industry leader with over 20 years of experience in R&D and manufacturing of die casting and molding equipment, YIZUMI's products have encompassed several industries that are directly related to the people's livelihood, such as automobile, medical, 3C, daily necessities and building materials.

YIZUMI is closely revolving around its development strategy, adopting the "Global Innovation Center" as its platform, forming a cluster of high-end talents and R&D resources at home and abroad, interconnecting the technologies of China and Europe with a constant adherence to the concept of independent innovation and a big push to develop the core technologies with independent intellectual properties, including LEAP series of die-casting machines, 8500T ultra-large injection molding machines and other high-end, advanced manufacturing equipment. It will continue to achieve breakthroughs in new products and technologies, quickly growing in a cross-boundary manner.

LEAP 9000T ultra large die-casting machine

8500T ultra large injection molding machine

YIZUMI has built a marketing network and service team spanning across all industries at home and abroad, with over 40 global sales and service offices in North America, Europe, Southeast Asia, India and China. Its perfect marketing and service network can deliver comprehensive, quick response and professional services in business expansion, product sales and installation, repair and maintenance, capable of helping its partners to achieve the optimal operational value.

Besides, YIZUMI has also constructed the most advanced intelligent manufacturing plant in the industry. It is based on adaptive intelligent manufacturing technology, and real-time information interaction between the virtual plant and the physical plant. Through the organic integration between the subsystems, the intelligent plant is able to generate the comprehensive perception, in-depth analysis, scientific decision-making and precise execution in the holistic scope, achieving a fast and highly versatile user-centric production means to provide the customers with reliable products.

With the accumulation of prior experiences over the years, YIZUMI has established an impeccable branding image in the industry with its comprehensive product series and high product quality. It will continue to build a superior independent brand. In the foreseeable future, YIZUMI will also continue to leverage on its Global Innvoation Center to quicken the construction of the Research Center for Die Casting and Metal Molding, Research Center for Polymer Processing, Research Center for Advanced Processing Technologies (Germany) and Research Center for Smart Manufacturing. Moreover, it will conduct in-depth research in several areas, including material technology, molding process control technology, virtual simulation technology, big data analysis and diagnosis, artificial intelligence technology, AR/VR application technology and many more to master more core technologies and further enhance the competitiveness of YIZUMI's products.