On April 27, 2023, Tysim and ExxonMobil (China) Investment Co., Ltd. (hereinafter referred to as ExxonMobil) officially reached a strategic partnership. Based on the cooperation principles of "mutual benefit and win-win, pragmatic advancement, and long-term development," the two parties have made a significant mark on the development blueprint of ExxonMobil's "Pengcheng Partner, Sincere Cooperation" SME support program (hereinafter referred to as the Pengcheng Program). Sun Yi, Deputy General Manager of ExxonMobil China East Region Lubricants Business Department, Xue Yunwei, Sales Director of Enterprise User Business Department of ExxonMobil China East Region Lubricants Business Department, Xin Peng, Chairman of Tysim, Yang Zhengrong, Operations Consultant, Xiang Zhensong, Executive Deputy General Manager, and many other leaders attended the ceremony and signed the strategic cooperation framework agreement on behalf of both parties.

Group photo of leaders at the signing ceremony of strategic cooperation between Tysim and ExxonMobil

Xin Peng, Chairman of Tysim, and Sun Yi, Deputy General Manager of ExxonMobil China East Region Lubricants Business Department, exchange commemorative gifts

Xiang Zhensong, Executive Deputy General Manager of Tysim, and Xue Yunwei, Sales Director of Enterprise User Business Department of ExxonMobil China East Region Lubricants Business Department, sign the strategic cooperation agreement

Peng Xiuming, Chief Process Engineer of Tysim, and Chen Weili, Industry Solutions Director of ExxonMobil North Asia Lubricants Enterprise User Marketing Department, post the cooperation logo

ExxonMobil is the world's largest oil and gas producer, headquartered in Irving, Texas, USA. In 2022, its net profit was $56 billion, with a market value exceeding $400 billion. It ranked 33rd in the "2018 World's 500 Most Influential Brands" and holds a leading position in many aspects of the energy and petrochemical fields, committed to creating solutions that improve quality of life and meet society's evolving needs.

SMEs are an important foundation for building China's modern economic system and promoting high-quality economic development. Vigorously incubating, cultivating, and expanding specialized, refined, distinctive, and innovative "little giant" enterprises is also placed in a strategic position in the 14th Five-Year Plan. Currently, with the intensive introduction of national support policies, SMEs are demonstrating strong resilience and vitality, striving to find new breakthroughs in green and digital-intelligent transformation by deeply cultivating professional fields and focusing on key technologies. As an outstanding representative of SMEs in the construction machinery field, Tysim is also actively exploring and implementing new green development concepts to accelerate on the fast track of high-quality development.

For a professional piling company like Tysim, high-quality and efficient lubrication products are key to helping its equipment operate persistently and stably. As an industry leader in professional lubrication, ExxonMobil has been providing Tysim with high-performance lubricant products. In addition, ExxonMobil will further provide Tysim with comprehensive green lubrication solutions integrating high-efficiency energy-saving oils, professional lubrication services, and circular packaging, helping it achieve multiple goals of energy saving, emission reduction, pollution reduction, and carbon reduction, thereby accelerating its green transformation faster and better.

At the signing ceremony, Yang Zhengrong, Chairman's Operations Consultant of Jiangsu Tysim Machinery Technology Co., Ltd., highly recognized the strategic cooperation between the two parties. He said: "As a leading enterprise in China's small rotary drilling rig manufacturing field, Tysim always adheres to the corporate positioning of 'miniaturization, customization, diversification, and internationalization.' Today, joining hands with ExxonMobil is another milestone for Tysim to accelerate diversification and internationalization, and it is a new starting point for Tysim, a 'little giant' in piling, to join hands with ExxonMobil, a global energy 'giant,' to jointly create a prosperous China and a beautiful world!"

▲ Yang Zhengrong, Chairman's Operations Consultant of Jiangsu Tysim Machinery Technology Co., Ltd., delivers a speech

Regarding the in-depth development of future cooperation between the two parties, Xue Yunwei, Sales Director of Enterprise User Business Department of ExxonMobil China East Region Lubricants Business Department, expressed such expectations: "This collaboration is our initial exploration of cooperation with Tysim and an important beginning of ExxonMobil's Pengcheng Program in the East Region. Thereafter, both parties will jointly practice the concept of sustainability, actively cultivate green development momentum, and accelerate the realization of green production methods. Based on years of exploration and practice in the field of green lubrication actions, ExxonMobil will provide Tysim with integrated lubrication solutions ranging from preliminary diagnostic consulting, targeted lubrication products and professional service implementation in the mid-term, to green benefit evaluation in the later stage, helping Tysim and even the entire construction machinery industry unleash development potential."

▲ Xue Yunwei, Sales Director of Enterprise User Business Department of ExxonMobil China East Region Lubricants Business Department, delivers a speech

SMEs like Tysim are an important support for China's economic resilience and an important force for stimulating innovation and stabilizing industrial and supply chains. In the future, Tysim will join hands with ExxonMobil to actively improve the Pengcheng Program, with the mission of helping enterprises increase their "green content" and development "gold content," and together move towards a development path of green transformation, technology-driven, and win-win cooperation.