On March 31, the Second Session of the 12th Executive Committee of the Jiangsu Federation of Industry and Commerce was held in Huai'an. Hui Jianlin, Member of the Standing Committee of the Provincial Party Committee and Head of the United Front Work Department of the Provincial Party Committee, attended and delivered a speech. At this meeting, Tysim Machinery was appointed as an executive committee unit, and Chairman Xin Peng was appointed as an executive committee member.

Hui Jianlin pointed out that Jiangsu is a major province of the private economy, and the process of promoting high-quality development and continuing to stay at the forefront will surely be a process in which the province's private economy rides the wind and waves and creates new glory, and will surely be a process in which the vast number of private entrepreneurs display their talents and make achievements. He hoped that federations of industry and commerce at all levels would thoroughly study and implement the spirit of the 20th National Congress of the Party and the spirit of General Secretary Xi Jinping's important speech, better play the role of bridge, link and assistant, guide and support the vast number of private enterprises to clearly understand the situation, firm up confidence, seize opportunities, and unswervingly follow the path of "specialized, refined, distinctive and innovative" development, so as to make new and greater contributions to better "shouldering new missions and writing new chapters" and advancing the new practice of Chinese-style modernization in Jiangsu.

Tysim Machinery has been established in Wuxi, Jiangsu for more than ten years and has contributed its share to Jiangsu, a major province of the private economy. With Tysim Machinery and Chairman Xin Peng appointed this time as an executive committee unit and executive committee member, they will pool wisdom and efforts, and promote Jiangsu private enterprises to take root in Jiangsu, compete globally and shine on the world stage in the new development pattern, contributing greater strength to the modernization of the new Jiangsu that is "strong, rich, beautiful and high".