The company held a speech contest on the May 4th Youth Day on "Building New Positions, Youth Brave to Take on"

In order to inherit and carry forward the glorious tradition of the May 4th Movement, show the positive spirit of young employees, and guide young employees to stand on their posts and strive for the first place, on May 9, the Youth League Committee of the company held a speech contest on the May 4th Youth Day of "building new achievements in posts and taking on the responsibility of young people bravely. Eight finalists from each subsidiary (branch) of the group performed brilliantly around the theme. Mr. Xu Shixiong, chairman of the company, was invited to watch the competition.

Mr. Xu Liang, deputy general manager of the company group, pointed out in his speech that 2020 is a crucial year for the company's development, with heavy tasks and great responsibilities. The majority of employees must have new momentum and new spirit, dare to solve difficult problems and dare to be the first. Young employees are the main force in the development of enterprises. They should take responsibility, show value, and embark on the journey with a more firm belief.

In the competition, the participating employees closely follow the theme of the speech, combine their own work insights, use simple language, sincere emotions or review the company's development process full of hard work, or praise the touching stories in the company's development and reform, or share the youth stories of Yuhuan people's hard work, hard work and enterprising, and realize their dreams, expressing their love for ordinary positions and their firm belief in the company's development, it shows the good spirit of youth who are full of vigor and vitality and are determined to forge ahead.

The competition was successfully concluded with warm applause. After fierce competition, She Tingzhi from the Group's Legal Department, Yi Ding from Yuhuan CNC won the first prize, Yang Rong from the Group's Human Resources Department and Zhou Hongyu from the Finance Center won the second prize, Deng Linjun from the Group's Audit Department and Li Lanjiao from Yuhuan Science Park won the third prize, and Zhang Jin from Yuhuan CNC and Zhang from Yuhuan Intelligence won the winning prize. At the meeting, the company awarded awards to the winners.

Ms. Xu Yanming, general manager of the company, made a concluding speech on the competition. Mr. Xu pointed out that the company's young employees are willing to contribute and dare to fight, especially in a key project of the company this year to be selfless, efficient, persistent and persistent, reflecting the responsibility and new spiritual outlook of young employees. Success and happiness must belong to every youth and struggling Yuhuan people.

The successful holding of this speech contest not only provides a platform for employees to display and exercise, but also inspires the enthusiasm of the majority of young employees to start a business and forge ahead, and gathers the majestic force of Yuhuan Group's new round of innovation and development.

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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.