A Letter from the Wuxi Municipal Party Committee and Municipal Government

2021-09-15 1236 0人评论

Recently, Jiangsu Tysim Machinery Technology Co., Ltd. received a letter of appreciation from the Municipal Party Committee and Municipal Government. The letter highly affirmed and thanked Wuxi enterprises for their efforts in promoting industrial transformation, strengthening scientific and technological innovation, attracting high-end talent, expanding opening-up, combating the COVID-19 pandemic, and improving people's well-being.

Jiangsu Tysim Machinery Technology Co., Ltd. is located in Huishan Economic Development Zone, Wuxi. Since its establishment, the company has built core advantages in four aspects: "miniaturization, customization, diversification, and internationalization," striving to create an internationally renowned brand of small and medium-sized rotary drilling rigs. Based on its own technological advantages and market channel advantages, Tysim Machinery integrates the supply chain resources of pile foundation products in the Yangtze River Delta region, continuously optimizes its operating system and product quality management, and strives to promote the popularization of small and medium-sized rotary drilling rigs and the application of new construction methods. With the support of targeted industrial policies of the local government, the company combines independent innovation with open innovation, achieves its own high-quality development, and occupies a leading position in its market segment. This year, it was selected as a national-level specialized, refined, distinctive and innovative "Little Giant" enterprise in the third batch. In terms of talent development, the company combines the introduction of high-end talent with independent cultivation of outstanding talent, and several people have been selected into Wuxi's "Taihu Talent" program and Huishan District's "Pioneer Talent" program.

The COVID-19 pandemic has dealt a huge blow to private enterprises. Tysim Machinery has also faced constraints such as insufficient supply, travel restrictions, and overdue payments from customers. While actively responding to various epidemic prevention requirements, the company identified its own industry positioning, consolidated its development foundation, and transformed its foreign trade forms. With the support of various government measures, the company once again achieved a revenue breakthrough in 2020, and its enterprise scale and business footprint were further expanded. Entering 2021, under the new development situation, Tysim improved its operating quality and performance in the first half of the year, achieving counter-trend growth superior to its peers. Tysim will uphold its core philosophy of "Focus, Create, Value" and continue to contribute to the development of Wuxi.

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