On April 20, under the theme "Clearing the East-West Corridor, Pursuing New Huishan Development Together," Urumqi Economic and Technological Development Zone (Toutunhe District) and Huishan Economic and Technological Development Zone held a signing ceremony for East-West co-construction strategic cooperation. On the day of the event, attending entrepreneurs introduced the basic information and current development status of their respective companies. The Economic and Information Technology Bureau of the Economic Development Zone (Toutunhe District) and Jiangsu Tysim Machinery Technology Co., Ltd. signed an investment agreement on site, joining hands to embark on a new journey.

Clearing the East-West Corridor: Both Sides Join Hands Toward a Broad Future

To thoroughly implement the Party's 20th National Congress strategic deployment on promoting coordinated regional development, and guided by the joint building of the "Silk Road Economic Belt" and the "Yangtze River Economic Belt," Urumqi Economic Development Zone and Huishan Economic Development Zone are committed to cooperation and co-construction. Through activities such as "Clearing the East-West Corridor, Pursuing New Huishan Development Together," they aim to accelerate the realization of complementary advantages in high-level manufacturing between the two places, interactive cooperation between technology and finance industries, and integrated development of industries such as digital information. They seek to gradually build a regional open cooperation platform featuring land-sea domestic and international connectivity and East-West mutual reinforcement, further enhance and cultivate both sides' core competitiveness in international competition, and become a new model for East-West cross-regional cooperative parks.

At the event, multiple companies took turns presenting on stage. Xin Peng, Chairman of Jiangsu Tysim Machinery Technology Co., Ltd., also showcased Tysim's strong R&D and sales capabilities on site. The Economic and Information Technology Bureau of the Economic Development Zone (Toutunhe District), recognizing outstanding potential, promptly made the decision to sign an investment agreement with Jiangsu Tysim Machinery Technology Co., Ltd. on site, joining hands to embark on a brand-new journey.

Tysim Machinery: A Hidden Champion in the Small Rotary Drilling Sector

It is understood that Jiangsu Tysim Machinery Technology Co., Ltd. has focused for ten years on the R&D and manufacturing of small piling machinery. Its products form a sound market complement with large comprehensive enterprises such as Sany and XCMG. A number of revolutionary products, including its modular rotary drilling rigs, full-series pile cutting machines, high-end Caterpillar-chassis rotary drilling rigs, and low-headroom rotary drilling rigs, have filled gaps in China's piling industry, making the company an indispensable player in the sector. Since 2016, the company has been ranked among the top ten brands published by the industry association for seven consecutive years, leads the domestic market share in small rotary drilling rigs, and has had multiple products fill industry gaps. It has been recognized as a national high-tech enterprise and a national-level specialized, refined, distinctive and innovative "little giant" enterprise.

Tysim Machinery has long been renowned in China's small rotary drilling field and, relying on its strong R&D and innovation capabilities, enjoys the reputation of a "hidden champion." The signing between the Economic and Information Technology Bureau of the Economic Development Zone (Toutunhe District) and Jiangsu Tysim Machinery Technology Co., Ltd. will promote the integrated development of the engineering machinery sector between the two places and serve as important support for their high-quality development.

At the "Clearing the East-West Corridor, Pursuing New Huishan Development Together" East-West co-construction strategic cooperation event between Urumqi Economic Development Zone and Huishan Economic Development Zone, 20 enterprises, including the Economic and Information Technology Bureau of the Economic Development Zone (Toutunhe District) and Jiangsu Tysim Machinery Technology Co., Ltd., reached cooperation agreements. This move will further accelerate interactive cooperation between the two places in technology and finance industries and the integrated development of industries such as digital information, and gradually build a regional open cooperation platform featuring land-sea domestic and international connectivity and East-West mutual reinforcement. Liu Ligeng, Deputy Director of the Urumqi Economic Development Zone (Toutunhe District) Management Committee and Deputy District Mayor, further stated: "With the accelerated gathering of high-end resource factors such as projects, technology, and capital, this will surely create new advantages and add new momentum for our district's industrial transformation and upgrading and the conversion of development drivers."!