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Ten Years On The Market: The "Break" And "Establish" Of Yizhiming - An Evolutionary Theory Of China Manufacturing

Yizumi 2025-12-08 14:00:46

Recently, under the spotlight of the 10th anniversary appreciation dinner of Yizhim, three key figures—Mr. Chen Liyao, the company's Deputy General Manager and Chief Operating Officer, Mr. Xia Zengfu, a representative of core suppliers, and Mr. Zhen Ronghui, the company's Chairman and General Manager—took the stage in succession. They presented the underlying logic and future path of a benchmark manufacturing enterprise's continuous evolution from the perspectives of internal governance, industry collaboration, and strategic vision.

This is not only a celebration but also a systematic examination of the development model of China's manufacturing industry. The speeches of the three guests build upon each other, and the core message conveyed is already clear: the competition among leading enterprises has shifted from a focus solely on products and technologies to a contest of collaborative efficiency across entire organizational systems and industrial ecosystems—this marks a critical evolution in the paradigm of manufacturing competition.

01.Breaking Free

Capital Leverage and Strategic Resolve

From the initiation of the share reform in 2008 to the successful listing in 2015, Yizumi followed the typical path of Chinese manufacturing enterprises seeking capital assistance to achieve a leap. In his speech, Mr. Chen Liyao reviewed those years of "growth and waiting," which is not only an inspiring entrepreneurial story but also reveals the dual role of the capital market: it is both a lever for expanding development and a touchstone for testing strategic resolve.

Mr. Chen Liyao, Deputy General Manager and Chief Operating Officer of Yizumi.

Facing the opportunities and challenges of the capital market, Yizhim's choice is clear and resolute: to regard its listing as a new starting point for high-quality development, rather than an endpoint. Over the past ten years, Yizhim's revenue has grown more than fivefold, and its net profit has almost increased tenfold. Behind these figures is not only the capital market's recognition of Yizhim's "steady growth" development logic but also a vivid embodiment of Yizhim's strategic determination to "stay the course."
The support for this strategic determination comes from the company's continuous increase in R&D investment and the introduction of international talent. By continually enhancing organizational capabilities and transformation momentum, Yizhiming not only consolidates its core business advantages but also continuously drives technological breakthroughs and product iterations, establishing a solid market competitive barrier.
02."Lixin"

From "control" to "empowerment": the philosophy of supply chain management

At the banquet, Mr. Chen Liyao and Mr. Xia Zengfu, the chairman of Zhejiang Huaye Plastic Machinery Co., Ltd., coincidentally mentioned the key journey of Zhejiang Huaye's listing. This is no coincidence, but rather a profound accumulation of twenty years of collaborative coexistence between the two parties.

Mr. Xia Zengfu, Chairman of Zhejiang Huaye Plastic Machinery Co., Ltd.

Mr. Xia Zengfu reflected on the journey with Yizumi, from "bonding through precision manufacturing" to "partnering for a vision of global industrial intelligence." He revealed the essence of cooperation: "True cooperation is about making the supplier's technical expertise a core competitive advantage for the customer." Today, their relationship has evolved from the initial "single supply" to "joint innovation partners," achieving "technology symbiosis" in fields such as material science, precision processing, and green manufacturing.
This "ecosystem perspective," which views the growth of supply chain partners as integral to its own growth, marks a fundamental shift for Yizhiming from a traditional "chain leader" mentality to that of a platform "enabler." Through technology sharing and mutual risk-bearing, Yizhiming is building a more resilient industrial community capable of tackling uncertainty.
03."To the Far"

System Evolution of Learning Organizations

In his speech, Mr. Chen Liyao also shared the experience of the EMT team from Yizhi Mi learning and discussing with Huichuan Technology, revealing the internal driving force for the continuous growth of the enterprise. This is not just benchmarking learning, but a profound organizational awakening. Yizhi Mi holds itself to the standard of a learning organization, demonstrating a strong willingness for continuous evolution and a dissatisfaction with the status quo.

Hicinh Technology is a model of building system capabilities in the automation field. Yizumi draws inspiration not only from its outstanding business performance but also from its organizational ability to achieve process iteration in generational succession, as well as its management wisdom in uniting the team with "culture and dreams." This kind of learning directly addresses the core of enterprise management—how to innovate in inheritance and uphold stability in transformation.

Izhimi's organizational evolution direction is clear and determined: transitioning from a function-based organization reliant on heroic leaders to a process-oriented organization supported by a "big platform and legion operations." This profound organizational transformation covers the entire process of company operations, including product integrated development, supply chain management, intelligent manufacturing, market development, and sales, aiming to build an organizational structure that does not rely on individuals but rather evolves continuously based on systemic capabilities. This is precisely the upgrade of the underlying operating system that enables the enterprise to achieve "steady progress and long-term stability" and move towards a century-long foundation.

 

04."Future"

Competition in a whole new dimension

Looking to the future, Mr. Chen Liyao has proposed the "Three One Hundred" goals (market value, revenue, century-old enterprise), outlining a new journey for Yizumi. This path will unfold on a whole new competitive dimension.

As Mr. Zhen Ronghui, the chairman and general manager of the company, emphasized in his toast: "Green intelligence manufacturing," "digital integration," and "vertical ecological chain" are specific manifestations of a new dimension. The future competition will be a competition of green carbon reduction capabilities, a competition of full-process supply chain visualization, and ultimately a competition of the collaborative efficiency of the entire "technology-production-service" ecosystem.

Mr. Zhen Ronghui, Chairman and General Manager of Yizumi

Mr. Zhen Ronghui pointed out: "The past glory has been recorded in history, and the future canvas awaits our brush strokes." The ten-year development journey of Yizumi's listing is a profound evolution of Chinese manufacturing, proving that the true strength of an enterprise lies not in its size, but in the strength of its system, the breadth of its vision, and the prosperity of its ecosystem.

At the appreciation banquet, when the entire audience raised their glasses, they were celebrating not only the tenth anniversary of Yizumi's listing but also the commencement of a new era for Chinese intelligent manufacturing.

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