Interviewer: How has the recent Third Plenary Session of the 20th CPC Central Committee strengthened business confidence in development?
Chen Yibin: The Third Plenary Session has placed unprecedented emphasis on technological innovation, focusing on enhancing the overall efficiency of the national innovation system and utilizing innovation to drive development. Notably, it has proposed to “strengthen the role of enterprises as the main body of technological innovation, establish mechanisms to cultivate and expand leading tech companies, and enhance deep integration of industry, academia, and research led by enterprises.” This is a significant boost for private tech innovation companies like ours. It reinforces our confidence and determination to develop new high-quality productive forces and tackle scientific challenges. We believe that through our efforts in the new materials sector, we can address more “bottleneck” issues and help enhance the resilience and security of the industrial supply chain.
Additionally, the Plenary Session has put forth plans to support capable private enterprises in leading national key technology research initiatives and further open major national research infrastructure to private companies. As a company specializing in the new materials niche, we will continuously promote technological innovation and industrialization in this field through an all-encompassing integration of the industrial, talent, and technology chains, helping the nation improve its international competitiveness in new materials.
Interviewer: Which aspects of the major reforms proposed by the Third Plenary Session resonate with you the most?
Chen Yibin: One impactful aspect is the implementation of a more proactive, open, and effective talent policy, as well as enhancing autonomous talent cultivation mechanisms to accelerate the establishment of high-level talent hubs and platforms for attracting talent. The new materials industry is evolving rapidly, with diverse technology update demands requiring high-caliber talent possessing both specialized knowledge and innovative capabilities. This year, Zhuanshan Precision has been approved to establish a doctoral workstation in Guangdong Province. Our next step is to ensure that the workstation operates at maximum efficiency, leveraging talent resources to focus on developing new high-quality productive forces, grounding our work in cutting-edge technology, and working towards creating original, disruptive innovations that truly reflect the market value of knowledge, technology, and talent. Our aim is to tackle core technologies, enhance the high-end level of the industrial base, and achieve self-reliance in high-level technology.
Interviewer: Can you discuss the new development opportunities brought about by national policies for your company and industry?
Chen Yibin: In recent years, the nation has increasingly emphasized the importance of technological innovation, particularly supporting private enterprises in tackling key core technologies and developing “single champion” businesses as well as specialized and innovative small to medium-sized enterprises. This will significantly propel the high-quality development of the new materials innovation industry. The new materials sector is rapidly evolving, brimming with potential and opportunities. Our growth at Zhuanshan Precision aligns well with the needs of our time and national policies. In recent years, we have proactively positioned ourselves in future-oriented tracks and intensified our exploration and R&D in cutting-edge technologies, accumulating a portfolio of new technologies that hold promise for future economic growth, and boasting strong capabilities in technical innovation in areas like material science and material processing.
The Third Plenary Session has also called for an accelerated, comprehensive green transformation of economic and social development, which presents new opportunities for private enterprises in the field of new materials R&D and innovation. Zhuanshan Precision is committed to forging a green competitive advantage in the industry by integrating sustainable concepts into every stage of product design, manufacturing, packaging, transportation, and recycling, while enhancing the integrated development of digitalization, intelligence, and greening in the industry to promote the green and low-carbon development of the new materials sector.
Interviewer: How can businesses effectively leverage favorable national policies to accelerate their innovation and development?
Chen Yibin: Our experience at Zhuanshan Precision highlights the importance of aligning with national industrial policies and enhancing core competitiveness through technological and managerial innovation. In recent years, we have focused on R&D in new materials, leading innovation in the subfields of advanced structural new materials and functional new materials, resulting in a range of proprietary core technologies. Through platform incubation and results transformation, we aim to address pain points in the materials field and support the rapid development of advanced manufacturing technologies. Moving forward, we will harness the tailwind of national policies to further expand our business areas in new materials, striving to make greater contributions to material science and processing.
