On a sunny and hopeful day, the Municipal Economic Development Conference for Private Enterprises and Advanced Manufacturing Industries was held in Yongkang on March 11th. During the meeting, Secretary of the Municipal Party Committee, Zhang Xusheng, emphasized the city's unwavering confidence in industrial development. He urged all local enterprises to compete fiercely, strive for innovation, and work together to accelerate the transformation and upgrading of the hardware industry, making greater contributions to the construction of the "World Hardware Capital". Municipal leaders, including Hu Yongchun, Chen Meirong, and Hu Jihe, attended the meeting. Our chairman, Hu Feipeng, also attended and sat at the main podium.

During the conference, our company was recognized by the municipal government for several honors, including being named one of the Top 100 Manufacturing Enterprises, Top 10 Innovative Enterprises, National Specialized, and New Giant Enterprises, CNAS National Accredited Laboratory, Zhejiang Province Intelligent Factory, and one of the first batch of "Cloud Enterprises" in Zhejiang Province's manufacturing industry. In recent years, Zhengyang has been resolute in industry and has continuously increased investment. In terms of intelligent manufacturing, we have successively built industry-leading intelligent manufacturing modules such as the automated production workshop for motor manufacturing, the smart production digital workshop for aluminum die casting, and the automated production line for grinder production. We have also introduced MES software to establish a production execution management system, promoting the refinement and transparency of enterprise production management. In terms of technological innovation, Zhengyang successfully established the CNAS National Accredited Laboratory and provincial-level post-doctoral workstation, providing accurate testing basis and talent guarantee for cutting-edge technology research. Adhering to the concept of "expanding with excellence," the company continuously develops competitive products. In 2021, the company's research and development of the "Table Saw/Bevel Compound Cutting Machine" was appraised by the Zhejiang Provincial Department of Economy and Information Technology, reaching international advanced levels, and the product won the first prize in the 7th China Power Tool Design Competition. The Light Rail Bevel Cutting Machine won the Silver Award at the National Machinery Quality Innovation Competition and was awarded the title of National Machinery Industry Excellent Brand. The continuous introduction of new products has attracted the attention of many customers. In 2021, Zhengyang Technology achieved both production and sales booming, reaching historic highs in terms of sales revenue and other aspects, achieving good economic and social benefits.

As the saying goes, "hard work pays off." Despite the less optimistic economic situation in 2022, the resilient team at Zhengyang remains passionate and shoulders the responsibility of "helping a hundred industries." They continue to strive towards the vision of becoming the leading enterprise in the Chinese tool industry.