Exploring Global Perspectives and Sustained Innovation

2024-04-30

Abstract:

----The Journey of Dr. Hans Wobbe and YIZUMI towards Globalization

In the realm of injection molding machine, Dr. Hans Wobbe stands out as a visionary, leveraging his four decades of invaluable experience and outstanding contributions to steer the entire industry forward. Since assuming the role of Chief Strategy Officer at YIZUMI in 2016, he has not only been a strategist but also an innovator injecting fresh vigor into the field. With his profound expertise and keen strategic vision, he continues to propel YIZUMI towards global operations and ignite sustained product development.

Innovation Odyssey: Witness to YIZUMI's Journey of Development

As Dr. Hans Wobbe joined YIZUMI, he embarked on a journey alongside the team, witnessing the company's remarkable evolution, particularly highlighted by the unveiling of its new strategy and developmental vision in 2023 — to be a world-class molding equipment solution provider.

He admits that the journey is fraught with challenges. However, alongside his colleagues at YIZUMI, they are tirelessly dedicating themselves to the pursuit of this goal. Fueled by an evolving international perspective, the company is adeptly attuned to future industry trends, honing in on cutting-edge technology and innovation within the injection molding equipment sector. With an annual investment of over 180 million RMB in technology research and development, YIZUMI remains consistently invigorated in the market, perpetually revitalizing its presence.

The further advancement of YIZUMI in the Europe owes much to the remarkable contributions of Dr. Hans Wobbe. Even before the establishment of YIZUMI's subsidiary in Germany, the company had its sights set on the location adjacent to the RWTH Aachen University, home to over 260 research institutions, forming a robust ecosystem of industry-academia collaboration. To seamlessly integrate into this research network, Dr. Hans Wobbe, then newly appointed CSO of YIZUMI, personally led expeditions with YIZUMI's management, conducting surveys and visiting local technology and research firms. Through his diligent efforts, YIZUMI successfully entered the esteemed circles of the German plastics industry, formally joining the IKV and the AZL at RWTH Aachen University in 2017.

The establishment of YIZUMI's subsidiary in Germany has propelled the company further in the exploration of products and technologies. Research endeavors into key projects such as additive manufacturing, polymer material applications, lightweighting, and multi-material processing techniques have transformed the Germany subsidiary into YIZUMI's innovation powerhouse. Breaking away from conventional molding technologies, these efforts have continuously broadened the scope of YIZUMI's product offerings. Crucially, collaborative efforts between engineers from the China and Germany have accelerated the research and development of new technologies.

Market and Technology: Co-Driving YIZUMI's Rise to Prominence

In recent years, YIZUMI has experienced remarkable development propelled by the dual engines of market and technology. According to the YIZUMI 2023 Annual Report, substantial growth has been witnessed across various business segments. In 2023, the company's operating revenue achieved 4.096 billion RMB, marking a year-on-year increase of 11.3%. A net profit attributable to shareholders of the company was 477 million RMB, showing a year-on-year increase of 17.66%. The R&D investment was 212 million RMB, a year-on-year increase of 17.61%.

The continuous growth of the market is inseparable from the support of technology; indeed, it is the synergy of market dynamics and technology advancements that fosters prosperity. Presently, the company boasts a portfolio of over 300 patented technologies, accompanied by a globally integrated marketing network and service team comprising more than 150 overseas service offices. Furthermore, all YIZUMI colleagues adhere to a consistent set of values – “Think forward. Respond swiftly. Strive higher. Advance together. ” For that, YIZUMI prioritizes customer needs, offering innovative solutions and top-tier services to meet the demands of clients worldwide.

In its relentless pursuit of enhancing product innovation, YIZUMI delves deep into various areas, continually exploring new frontiers. This endeavor not only involves innovating machine designs tailored to the genuine needs of customers but also delving into the development of novel materials and processes to offer fresh value for customers' future growth. The Global Innovation Center serves as a testament to this commitment, bringing together cutting-edge international technology resources to establish a global platform for innovation. By seamlessly integrating scientific research, technological innovation, and industrial advancement, the center explores innovative integrated solutions for advanced material molding, fostering the emergence of influential new technologies, industries, formats, models, and cultures, thereby propelling technology to new heights.

Dr. Hans Wobbe's extensive experience in the injection molding industry serves as an indispensable force driving YIZUMI's development. He steadfastly affirms that YIZUMI is on the right path. "It's a perfect dance between market and technology, composing the melody of YIZUMI's journey towards excellence. As we forge ahead with unwavering determination on the path of globalization, it reflects the firm conviction in YIZUMI's aspiration to become a world-class enterprise."

Three Development Directions: Collaborating Towards YIZUMI's Future Strategies

In contemplating YIZUMI's future prospects, Dr. Hans Wobbe offers his insight: "In the future, YIZUMI will continue to pursue development along three major fronts: 'Intelligent and Efficient, Global Operation and Green Development.' Building upon the success of YIZUMI i-Factory, we will steadfastly advance towards the manufacturing paradigm of Industry 4.0. Moreover, YIZUMI will always keep an eye on the horizon, striving for environmentally sustainable growth, and actively exploring the harmonious coexistence of humanity and nature."

This isn't just about YIZUMI's future development trajectory; it's a resolute commitment to innovation, technology, and environmental stewardship. Dr. Hans Wobbe's arrival has propelled YIZUMI's further development in areas such as polymer material solutions. Under the guidance of Dr. Hans Wobbe, the YIZUMI team has further developed the process of FoamPro. This has resulted in reduced product weight and cycle time, and decreased clamping forces, offering numerous advantages that greatly meet customer demands for injection molding, production efficiency, and energy savings. These advancements also lay a foundation for YIZUMI's future development.

By establishing a formidable presence in the global market, YIZUMI has embraced open collaboration to harness collective wisdom, steering innovation with intelligence, driving technology advancements, and meeting customer demands. This approach has facilitated diversified product offerings and global business operations, pushing YIZUMI's position to an industry leader.

In the future, YIZUMI aims to steadily increase its market share in key markets and enhance the operational efficiency of its overseas factories, subsidiaries, and technical service centers. The company anticipates healthy competition with esteemed counterparts from Japan and Germany, aiming to expand its footprint in the global market and better serve high-end customers worldwide.

Looking back, YIZUMI's voyage from its origins in Guangdong to setting sail has marked a new wave of innovation in the molding equipment industry. Under the guidance of Dr. Hans Wobbe, YIZUMI is poised to ascend to greater heights in the future. The company eagerly anticipates collaborating with global business partners to script a new chapter of brilliance together.

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