On August 6th, YIZUMI holds a historic delivery ceremony at its China Wusha No.3 Factory. The LEAP2000U die casting machine has been officially delivered to HICOM Diecastings Sdn. Bhd. (HICOM Diecastings), a professional die casting company owned by Malaysian industrial giant DRB-HICOM Group (DRB-HICOM).
The delivery not only strengthens YIZUMI's influence in the global intelligent manufacturing field, but also brings new vitality into HICOM Diecastings' automotive industry development.
Senior executives from both sides attend the ceremony, including Dr. Zhou Jun, Deputy Managing Director and CTO of YIZUMI, and General Manager of YIZUMI Die Casting Machine Division, Mr. Stefan Fritsche, Deputy General Manager and CSO of YIZUMI Die Casting Machine Division, Mr. Michael Mai, Overseas Marketing Department Director of YIZUMI Die Casting Machine Division, as well as Mr. Zawawi Aman, Chief Operating Officer of HICOM Diecastings with his teams.
Before the ceremony, the HICOM Diecastings delegation visit YIZUMI's Global Innovation Center and China Wusha No.3 Factory, gaining a thorough grasp of the company's extensive history and strength.
At the ceremony, Dr. Zhou Jun says in his speech, "The LEAP2000U die casting machine is not only an innovative result for YIZUMI, but also the result of YIZUMI's close cooperation with HICOM Diecastings."
He underlines the LEAP2000U's importance in increasing HICOM Diecastings' production efficiency and product quality. Meanwhile, YIZUMI hopes to expand its collaboration with HICOM Diecastings to boost the growth of intelligent manufacturing in Malaysia and Southeast Asia.
Expanding into Southeast Asia:
YIZUMI’s Growth in the New Energy Vehicle Market
The LEAP2000U die casting machine delivered is currently Malaysia's largest by tonnage. Mr. Nanthakumaran Muniandy, Head of Business Development of HICOM Diecastings, highly praised this delivery, saying, "When selecting business partners, HICOM Diecastings primarily considers technological leadership, product quality, innovation capability, and service support. YIZUMI excels in all these aspects. Their die casting machines and technologies are leading, the product quality is reliable and the service support is also in place. These factors make YIZUMI our ideal partner."
In recent years, the die casting industry has faced new transformation and upgrading challenges as new technologies and processes have emerged. The rapid development of new energy vehicles, 5G products, and other industries has led to stricter demand for die casting processes, as well as complex thin-walled and ultra-large die casting structural parts. For this, YIZUMI successfully launched the LEAP series die casting machine in 2021.
The LEAP series die casting machine has improved in terms of intelligent die casting cells, mold design, and die casting processes, etc. resulting in an international advanced level of key performance. It achieves high Overall Equipment Effectiveness (OEE) by improving product availability, process repeatability, and accuracy. We recently celebrated the sales of LEAP series machines exceeding 600 million Yuan.
To ensure the smooth delivery of the LEAP2000U die casting machine, engineers from both sides worked hard to commission equipment performance and ensure that it operates well. In addition, YIZUMI has offered several training courses on operation instructions and techniques to assist HICOM Diecastings' engineers in mastering the equipment, and they have shown remarkable learning capacity and adaptability.
As a critical part of its development strategy, YIZUMI has established a subsidiary in Thailand in June of this year, indicating the company's firm determination to strengthen international collaboration in advanced technologies and expand its overseas market layout.
Southeast Asia's manufacturing industry is experiencing rapid growth, particularly in the field of new energy vehicles. According to KPMG, exports of new energy vehicles, lithium batteries, and photovoltaic devices from China to Southeast Asia surged by up to 89.3% year on year in 2023, outpacing the global market.
YIZUMI, a global molding equipment system and turnkey solution provider, offers injection molding, die casting, and rubber molding equipment that can be widely employed in the manufacturing of diverse parts for new energy vehicles. The successful delivery of LEAP2000U not only affirms the recognition of the LEAP series die casting machines in the Southeast Asian market, but also proves YIZUMI's commitment to provide cutting-edge die casting technologies to customers worldwide.
With the blooming new energy vehicle industry, YIZUMI is expected to have bigger development potential in Southeast Asia and even the global market, contributing more to regional economic prosperity and industrial advancement.
DRB-HICOM is one of the nation's largest and most diverse conglomerates in Malaysia. They have key businesses in six core sectors: Automotive, Aerospace and Defense, Postal, Banking, Services, and Properties.
As a subsidiary of DRB-HICOM, HICOM Diecastings offers clients a cutting-edge combination of technology, technical know-how and a highly-skilled workforce, establishing itself as a leading die casting provider in the region. The company focuses on its core competencies to continuously evolve and shape its vision, driving the industry's future.
HICOM Diecastings is a leader in precision aluminium die casting in Malaysia. It is one of the most well-known providers of die castings solutions in the country, supplying world-class die cast products to over 100 customers worldwide.
Conclusion:
YIZUMI is poised for significant growth in Southeast Asia’s booming new energy vehicle market and the global die casting industry. The successful delivery of the LEAP2000U die casting machine to HICOM Diecastings reinforces YIZUMI's commitment to providing cutting-edge manufacturing solutions and driving industry advancement on a global scale.