BOCHU Electronic and CITIC Securities and their parties visited Youfa Group for investigation and exchange
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- Issue Time
- Mar 11,2025
Summary
BOCHU Electronic and CITIC Securities and Youfa Group fully exchanged views on welding and cutting technology, automation solutions, industry policies and development trends, business models and market value management. Combining the advantages of their respective industries, all parties will further strengthen follow-up technical exchanges and innovative R&D cooperation, strive to put forward complete sets of solutions with higher efficiency, higher quality and lower cost on the existing basis.
BOCHU Electronic and CITIC Securities visited Youfa for investigation and exchange
On 26th February, Tang Ye, chairman of Shanghai BOCHU Electronic Technology Company Limited, Liu Ronghui, director of strategic development, Tang Chuanlin, chief researcher of steel industry of CITIC Securities, Hu Bin, researcher of mechanical industry and other experts visited Youfa Group for investigation and exchange, and were warmly received by Chen Guangling, general manager of Youfa Group, Liu Zhendong, deputy general manager, Guorui, secretary of the board of directors and director of strategic development, and Li Bingshang, director of production, operation and technology. The visitors firstly visited the display hall, production plant, workshop and production line of Youfa Steel Pipe Creative Park, and made in-depth research to understand the product types (including carbon steel pipes and fittings, stainless pipes and fittings, and scaffoldings), technology, equipment capacity, innovation and research and development.
At the subsequent conversation, all parties fully exchanged views on welding and cutting technology, automation solutions, industry policies and development trends, business models and market value management. Combining the advantages of their respective industries, all parties will further strengthen follow-up technical exchanges and innovative R&D cooperation, strive to put forward complete sets of solutions with higher efficiency, higher quality and lower cost on the existing basis, and promote enterprises to reduce costs and increase efficiency, transform and upgrade by increasing the proportion of automation and intelligent applications, and accelerate the landing of new quality productivity. Youfa Group welcomes BOCHU Electronic and CITIC Securities to investigate and exchange, and will continue to increase investment and deepen cooperation in technology research and development innovation, transformation and upgrading, and industry research, and strive to build an industry benchmark model.
