company news about The letter from Wuxi municipal committee and government

Lately, Tysim Piling Equipment Co., Ltd received a letter of recognition from the Municipal Committee of Wuxi, in which they highly praised and appreciated Wuxi enterprises for its efforts in promoting industrial transformation, strengthening scientific and technological innovation, attracting high-end talents, expanding publication, fighting against COVID-19 and improving staff's well-being.

Tysim is located in Huishan Economic Development Zone, Wuxi city. Since its foundation, it has established core advantages in regard to these following four aspects of "Compaction, Customization, Versatility and Internationalization", and focuses on developing itself as a well-known global brand of small and medium-sized rotary drilling rig. Tysim utilizes its own technical advantages and market channel advantages to integrate the supply chain resources of piling products in the Yangtze River Delta region, and continues to optimize the operation system and product quality management, and strives to accelerate the promotion of small and medium-sized rotary drilling rigs and the application of new construction methods. With the support of targeted industrial policies of the local government, Tysim combines independent innovation with cooperative innovation to achieve its own high-quality development and occupy a leading position in the segmented industry. In 2021, Tysim was selected into the third batch of “professional precision specialist” and was nominated as one of the innovative "small giant" enterprises in China. In terms of staff training, Tysim combines outside hired high-end talents and independently trained excellent employees, in which many of them have been selected into “Wuxi Taihu Talents plan” and “Huishan Pioneer Talents plan”.

The outbreak of COVID - 19 had a huge impact on many private enterprises, and Tysim was affected too. Tysim encountered problems such as supply shortages, travel restrictions, late payments from customers and more. While actively responding to various epidemic prevention requirements, Tysim has identified its own industry positioning, laid a solid foundation for development, and changed the strategy for foreign trade. Under the implementation of various government measures, Tysim achieved a breakthrough in revenue in 2020, and further expanded its scale and business territory. Entering the year of 2021, under the new development atmosphere, Tysim has improved the quality of its enterprise operation and performance in the first half of the year, and achieved growth in revenue, which is better than its competitors. Tysim will adhere to the core concept of "Value Creation Focus" and continue to contribute to the development of Wuxi city.