On May 30, Siemens and Yifa Holding Group signed a strategic cooperation agreement and held a signing ceremony for the strategic cooperation agreement at the New Energy Digital Industrial Park. This cooperation marks that the two parties will carry out in-depth cooperation in technology research and development, market expansion and production and manufacturing, and promote Yueqing's electrical industry to move towards high-end, intelligent and internationalization. Zheng Juhua, member of the Standing Committee of the Yueqing Municipal Party Committee and Minister of the United Front Work Department, Zhao Minghao, Deputy Secretary of the Party Group and Deputy Director of the Municipal People's Congress Standing Committee, and leaders of the Municipal Overseas Chinese Affairs Office and the Municipal Overseas Chinese Federation attended and witnessed the signing ceremony. Ren Jie, Vice President of Siemens (China) Co., Ltd., Hu Xiaohui, Vice President of Siemens Intelligent Infrastructure Group and General Manager of East China Region, and other Siemens executives, together with Zheng Shengyou, Chairman of Yifa Holding Group and other company executives, gathered together to jointly open a new chapter in the cooperation between the two sides.
Since its establishment in 2000, Yifa Holding Group has experienced 25 years of rapid and steady development, and has deeply witnessed the glorious course of China's economic take-off. In the field of industrial electrical, Yifa has gradually grown from an initial entrepreneurial team to an important force with significant regional advantages and successfully entered the national market. With the profound technical background and broad market resources accumulated over the years, Yifa's products widely cover the fields of intelligent and environmentally friendly industrial electrical, and its products are sold well in many countries and regions such as Japan, the United States, and Russia, and have emerged in the international market.
Chairman Zheng Shengyou said at the signing ceremony that this strategic cooperation with Siemens is an important strategic choice with milestone significance in the development history of Yifa. Yifa has always adhered to the concept of innovative development and continuously improved its core competitiveness in the electrical industry. Siemens has outstanding technical strength and deep industry accumulation in the global industrial field, and the two parties have strong complementarity in technology, market, management and other aspects. Through this cooperation, Yifa will use Siemens' advanced technology and rich experience to accelerate the transformation and upgrading of its electrical products towards high-end, intelligent and green directions, and further enhance its brand influence and product competitiveness in the global market.
Yifa will further deepen its innovative exploration in the field of technology research and development. According to the cooperation agreement, the two parties will share technical resources, jointly invest in research and development, and develop innovative and forward-looking electrical products in response to market demand. In the field of new energy, Yifa and Siemens will work together to promote the deep integration of low-voltage switchgear and Siemens ECX smart energy carbon management platform, realize the intelligent scheduling of distributed energy scenarios such as photovoltaic storage, direct current and flexible power generation, effectively improve energy utilization efficiency, and provide more efficient and intelligent solutions for the development of the new energy industry.
Ren Jie, Vice President of Siemens (China) Co., Ltd., said that Siemens was founded in 1847, is headquartered in Germany, and has operations in more than 190 countries. It is a technology company focusing on industry, infrastructure, transportation and medical fields. By integrating the real and digital worlds, Siemens enables customers to accelerate digitalization and sustainable transformation, helping factories to be more efficient, cities to be more livable, and transportation to be more sustainable. Since entering China in 1872, Siemens has been providing comprehensive support for China's development with innovative technologies, outstanding solutions and products for more than 150 years.
Siemens focuses on intelligent and sustainable energy solutions, connecting energy systems, buildings and industries through digital technology. Its products cover the entire chain from power generation to distribution, including the modularly designed SIVACON low-voltage distribution system and the Smart ECX intelligent carbon management platform, helping companies achieve efficient energy management and low-carbon transformation. The innovative development of blue GIS environmentally friendly gas-insulated switchgear uses clean air insulation, takes into account both environmental protection and reliability, and provides a practical technical solution for addressing climate change.
Hu Xiaohui, Vice President of Siemens Smart Infrastructure Group and General Manager of East China Region, said that in terms of market expansion, Yifa will fully leverage Siemens' global market layout and strong brand influence to accelerate its internationalization process. Siemens has unique advantages in overseas market channels, technology adaptation and policy docking, and can assist Yifa products to quickly adapt to the standards of the target market, such as North American UL certification, EU CE certification, etc., to ensure that Yifa products can smoothly enter the international market. At the same time, with the global network effect of Siemens Xcelerator API World platform, Yifa will have more opportunities to be noticed by the international market, further enhance the brand's international reputation, and expand product market share.
In the production and manufacturing process, Siemens will introduce advanced management models and cutting-edge production technologies to Yifa, helping Yifa to build a more efficient and intelligent production system. By introducing digital management concepts and intelligent manufacturing technologies, Yifa will optimize and upgrade the production process, improve production efficiency and product quality, reduce production costs, and create a new benchmark for intelligent manufacturing in the industry.
Zheng Juhua, member of the Standing Committee of the Yueqing Municipal Party Committee and Minister of the United Front Work Department, spoke highly of the cooperation between the two parties in his speech, and said that the government will fully support the advancement of this cooperation project and provide all-round guarantees and support for both parties. The government will uphold an open and cooperative attitude, continue to optimize the business environment, and create more favorable conditions for cooperation for both parties. At the same time, it is hoped that Siemens and Yifa Holding Group can give full play to their respective advantages, actively explore new technologies and new models in the field of new energy, set an example for the transformation and upgrading of Yueqing's electrical industry and green development, and contribute important forces to the new energy transformation of Yueqing and even the whole country.
Looking ahead, the strategic cooperation between Yifa Holding Group and Siemens will inject new vitality and impetus into the industry's innovative development. The two parties will take this cooperation as an opportunity to jointly explore the path of green and low-carbon energy transformation, contribute to the realization of sustainable development goals, work together to create a new situation of mutual benefit and win-win, and promote Yueqing's electrical industry to shine more brightly on the global stage.