Ms. Xu Yanming, General Manager of Yuhuan CNC, was elected as the 15th Vice President of Changsha Federation of Industry and Commerce (General Chamber of Commerce)

On May 30, 2021, the 15th Congress of Changsha Federation of Industry and Commerce (General Chamber of Commerce) was held. Wu Guiying, member of the Standing Committee of the Provincial Party Committee and Secretary of the Municipal Party Committee, and Zhang Jian, vice chairman of the Provincial Political Consultative Conference and chairman of the Provincial Federation of Industry and Commerce, attended and delivered speeches. Deputy Secretary of the Municipal Party Committee, Mayor, Hunan Xiangjiang New District Party Committee Secretary Zheng Jianxin attended. Ms. Xu Yanming, general manager of Yuhuan CNC, was invited to attend the meeting and was successfully elected as the 15th vice president of Changsha Federation of Industry and Commerce (General Chamber of Commerce).

The meeting heard the work report of the 14th Executive Committee of the Municipal Federation of Industry and Commerce, reviewed and approved the resolutions of the 15th Member Congress, and announced the list of newly elected members of the leadership team and standing committee. After voting, Ms. Xu Yanming, general manager of Yuhuan CNC, was successfully elected as the 15th vice president of Changsha Federation of Industry and Commerce (General Chamber of Commerce). Yuhuan CNC was elected as vice chairman (vice president) of the unit.

This meeting is after the Central Committee of the Communist Party of China issued the "Implementation Opinions on Promoting the Reform and Development of Chambers of Commerce under the Federation of Industry and Commerce" and "Opinions on Strengthening the United Front Work of the Private Economy in the New Era". An important meeting organized by the Federation and the majority of private economic personages. This is a conference that holds high the banner and forge ahead, a conference that seeks truth, pragmatism, and cohesion, and a conference that is vigorous and united.

General Manager Xu Yanming said that the election of me as the 15th Vice President of the Changsha Federation of Industry and Commerce (General Chamber of Commerce) is not only an honor and encouragement, but also a spur and heavy responsibility, representing the leadership of the municipal party committee and the society. All walks of life highly affirmed Yuhuan CNC and herself. CNC machine tools are the foundation of the equipment manufacturing industry. Yuhuan CNC, as a local listed company in Hunan that specializes in the research and development and production of CNC grinding equipment and intelligent equipment, is one of the important members of the advanced manufacturing industry in Hunan's "three highs and four new" strategy. The development prospects are broad. The company will continue to not forget its original intention, focus on the main business, strengthen independent innovation, enhance core competitiveness, further promote the high-quality development of enterprises, set a benchmark for the industry, and help Hunan's "three highs and four new" strategy!

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Yuhuan CNC Machine Tool Co., Ltd. (stock abbreviation: Yuhuan CNC, stock code: 002903) was established in 2014 (the predecessor of Yuhuan CNC was founded in 1995). It specializes in the research and development, production, sales, and service of CNC grinding machine tools and intelligent equipment, providing customers with comprehensive solutions for precision grinding and intelligent manufacturing technology; it is a key enterprise in the national equipment manufacturing industry, a high-tech enterprise, and a national-level "small giant" enterprise. The main products are CNC grinding machines, CNC grinding and polishing machines, CNC broaching machines, and intelligent equipment series products, which are widely used in aerospace, rail transit, machine tool manufacturing, automotive parts, semiconductor industries, and other fields that require high-precision grinding and precision grinding and polishing processing.

On April 8, the groundbreaking ceremony for the R&D center of high-end CNC grinding machines of Hunan Yuhuan Intelligent Equipment Co., Ltd. was held at Yuhuan Science and Technology Park in Changsha Economic and Technological Development Zone. Ouyang Xiaofeng, member of the Standing Committee and Vice Director of the Provincial Department of Industry and Information Technology; Jiang Hongbo, Deputy Secretary of the Party Working Committee and Director of the Management Committee of Changsha Economic and Technological Development Zone; Lai Kunming, Deputy Director of the Management Committee of Changsha Economic and Technological Development Zone; and Xu Shixiong, Chairman of Yuhuan CNC Group, attended the event and witnessed this important moment.

With the deepening of globalization, enterprises "going out" has become the trend of development. The company opened an office in India in 2019 to expand into the Southeast Asian market. In July this year, the company continued to accelerate its global layout: the first overseas company "Yuhuan International Co., Ltd." was registered in Singapore to be responsible for formulating and implementing global strategies and promoting the development and operation of global business. This important move of Yuhuan Group will undoubtedly lay a solid foundation for the company's future development and enhance its global influence.