"YIZUMI-Zonsen-HUMI" Strategic Cooperation Signing Ceremony Successfully Held

2023-05-23

On May 22, the signing ceremony for the "Zonsen Power-YIZUMI and HUMI-YIZUMI Strategic Cooperation" was successfully held at the conference room on the second floor of the Zonsen Clubhouse in Banan District, Chongqing.

At the ceremony, Chongqing Zonsen Power Machinery Co. Ltd. ("Zonsen Power") ordered 18 sets of die-casting cells from YIZUMI, all of which were LEAP series and HII series cold chamber die-casting machines. These machines are procured for Zonsen's new digitalized casting factory to help develop high-end parts for both motorcycle parts and new energy automobile industry.

In addition to providing die-casting equipment and peripheral, YIZUMI will also provide Zonsen Power with turnkey engineering services such as factory planning, old equipment installation, commissioning, and quick response after-sales technical support to ensure the smooth operation of Zonsen Power's production.

Furthermore, Chongqing Humi Network Technology Co., Ltd ("Humi Technology") and YIZUMI reached a cooperation agreement. Focusing on injection molding, rubber injection, and die-casting industry, the Agreement gives full play to the advantages of Humi Technology in the fields of industrial Internet platform and digitalized top-level design, and YIZUMI in intelligent equipment, mold management, and equipment management to provide more integrated IoT intelligent manufacturing solutions for manufacturing enterprises, develop network channel, and help enterprises in their transformation from traditional manufacturing to digitalized intelligent manufacturing.

Zonsen Power signed strategic agreement with YIZUMI

Humi Technology signed strategic agreement with YIZUMI

This strategic cooperation aims to promote and enhance the position of both parties in the field of auto parts, motorcycle parts, and metal die-casting and establish the advantages in their respective fields. The two parties will start from the long-term development perspective and give full play to their respective advantages. They will take advantage of each other's strengths, focusing on the industrial development of technologies related to metal die-casting, auto parts, and motorcycle parts. The parties will set up a "Zonsen-YIZUMI metal die-casting" project team to achieve global in-depth collaboration based on sharing resource and mutual support.

Mr. Richard Yan, Chairman and CEO of YIZUMI, said in his speech, "Thanks to the trust of Zonsen Industry Group over the years, YIZUMI has established a solid foundation of cooperation with Zonsen Power in the field of metal die-casting. We have achieved successful results in several cooperation projects. Humi Technology is committed to building an industrial digital empowerment platform to deepen industrial applications, which coincides with YIZUMI's development philosophy. Upon signing the strategic cooperation agreement with Zonsen Power and Humi Technology today, we will become important strategic partners, establish a close and harmonious long-term relationship, and continue our all-around, multi-level, and multi-field business cooperation to create synergies and complementarities and strong alliance for higher development goals!"

Humi Technology

Humi Technology is committed to building an industrial digital empowerment platform that strengthens the deep operation in industrial scenarios, providing digital solutions based on the industrial Internet for the transformation and upgrading needs of traditional manufacturing industries. It has been selected as the MIIT cross-industry and cross-sector platform for three consecutive years, named as a MIIT industrial Internet pilot demonstration project three times, and honored as a national specialized and sophisticated "Little Giant" enterprise that produces new and unique products. It is providing industrial Internet services for nearly 50,000 industrial enterprises in dozens of industrial sub-sectors such as the automobile and motorcycle industry, electronic information industry, equipment manufacturing industry, and pharmaceutical and chemical industry. Being the leading enterprise in the industry, it has also built industrial brains for nearly 20 local governments.

Zonsen Power

Zonsen Power is the core subsidiary of Zonsen Industry Group. In 2003, the company became a listed company on Shenzhen Stock Exchange through asset restructuring and is a large-scale specialized manufacturing base offering a wide range of thermal power machinery products in China.

As a leading enterprise in China's motorcycle industry, Zonsen Power adheres to the business approach of "Growth, Transformation, and Value," continues to improve the industrial setup and enhance core competitiveness, and actively promotes the transformation and upgrading to a "Digital, Technological, and Intelligent" power system integration service provider.

Zonsen's new digital die-casting factory for high-end parts

Since Zonsen Power purchased the first YIZUMI die-casting equipment in 2010, the two companies have cooperated for more than ten years. Over the years, Zonsen purchased dozens of YIZUMI die-casting machines for the production of key parts and auto parts for Zonsen's Cyclone motorcycles. This time, Zonsen Power chose YIZUMI die-casting machine as usual, showing its trust and support for YIZUMI.

As a world-renowned die-casting machine manufacturer, YIZUMI sells its products to more than 30 countries and regions and has been the No.1 exporter of cold chamber die-casting machines of Chinese brands for many years. In recent years, YIZUMI keep investment in die-casting machine technology development with some of the technologies in the world's leading position. In 2022, YIZUMI made a breakthrough in the ultra-large die-casting machine and developed the 9000-tonnage LEAP ultra-large die-casting machine, breaking the technical bottleneck of ultra-large automotive structural parts casting, which is a milestone product in the industry.

The collaboration of YIZUMI with Zonsen Power and Humi Technology this time will have a profound impact on the industry.

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ZONSEN Industry Group Co., Ltd. ("ZONSEN Group") was founded in 1982. As the leading enterprise in the motorcycle and engine industry in China, its founder, Mr. Zuo Zongshen spent more than 40 years developing the business from a small motorcycle garage to a diversified enterprise with turnover exceeding RMB 20 billion.

Let the world see that we make every product with care. With such an original aspiration in mind, YIZUMI is willing to invest and improve the quality of its products. It is only possible to create products with world-class quality only when the consensus on quality is deeply rooted in the business operation.

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