TOP2!TOP3! YIZUMI is on Competitive Enterprises List of China Plastics Injection Molding Machinery Industry in 2021

2021-09-01

Abstract:

TOP2!TOP3! YIZUMI is on Competitive Enterprises List of China Plastics Injection Molding Machinery Industry in 2021


Competitive Enterprises List of China Plastics Injection Molding Machinery Industry in 2021 was officially released on August 31st.YIZUMI is ranked second and third in "Top 18 Enterprises of China Plastics Injection Molding Machinery Industry in 2021"and"Top 30 Comprehensive Strength Enterprises of China Plastics Machinery Manufacturing Industry in 2021" respectively, sorted by main business income and net profit.

In 2020, YIZUMI operating income was CNY 2.718 billion, a year-on-year increase of 28.59%; the net profit attributable to shareholders reached CNY 314 million, a year-on-year increase of 62.93%; the sales revenue of injection molding machine rose by 41.37%, exceeding CNY 2.023 billion.

Despite being affected by the global pandemic in 2020, YIZUMI makes good use of its own advantages and adheres to the three strategies —product, operation and globalization to conduct machine series optimization.

YIZUMI has improved the product layout of general three-platen hydraulic injection molding machine in a segment market; intensively researched on special process application of two-platen injection molding machine of large tonnage that features servo drive, energy-saving and environmentally friendly; rebuilt the competitiveness of all-electric high-precision injection molding machine; focused on developing multi-component technical equipment; optimized high-speed packaging molding application equipment; constantly invested in special process application research to provide customers with cost-effective integrated solutions.

Meanwhile, YIZUMI regards technical innovation as a driving force and has invested CNY 128 million in R&D, leading to more than 84 patent applications, 28 of which are patented inventions; gaining 41 authorized patents, 1 of which won China Patent Excellence Award.



In the first half of 2021, with the recovery of the domestic economy and consumer demand, the sales revenue of YIZUMI injection molding machines rose by 54.27%, exceeding CNY 1.2 billion. YIZUMI is confident of the future market trend, planning to increase R&D investment in all-electric injection molding machine of large tonnage and integrated solutions, speeding up the construction of overseas factories in terms of global layout, and setting up technical service centers and customer service center in different regions to meet global customers' requirements for energy-saving technologies, automation and intelligent solutions.


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