Bidding farewell to the old and welcoming the new | Funeng Precision Engineering extends its warmest New Year greetings!

2022 has quietly come to a close, and 2023 has begun amid widespread anticipation. As we bid farewell to the old year and welcome the new, Funeng Precision Engineering extends its heartfelt greetings and New Year’s blessings, expressing sincere gratitude to friends from all sectors of society who have shown concern for and supported the company’s development.

2022 PLOT A CHAPTER

2022 Strategic Plan

Time flies, and the years pass in a flash. 2022 was a year of arduous progress: amid the recurring impact of the pandemic on the market, industry investment and growth slowed, compounded by numerous instabilities and uncertainties. Yet the Fune team pressed forward with unwavering resilience. Under the leadership of Fune Precision Engineering, they remained steadfast in their core principles and far-reaching vision, fearlessly confronting challenges and forging ahead with determination—setting the course for the company’s development, laying a solid foundation, and building momentum for the future.

2022 marked the inaugural year of Funeng Precision Engineering. Guided by the spirit of the 20th National Congress report, the company advanced a green transformation of its development model and aligned itself with the “Building a Strong Manufacturing City” strategy. With a product positioning centered on “smart manufacturing plus energy efficiency and ecological sustainability,” Funeng Precision Engineering has remained committed to R&D in high-precision technologies, striving to make manufacturing smarter, industry more energy‑efficient, and everyday life more environmentally friendly. In 2022, all business segments progressed steadily and systematically.

Injection molding machine factory

In the smart manufacturing segment, Funeng Precision focuses on the R&D and production of high-speed injection molding systems, high‑cavity, high‑precision molds, precision components, and electromechanical‑hydraulic integrated drive systems, as well as on the development and manufacturing of future intelligent production lines and robots for harsh operating conditions. Notably, its high-speed injection molding business has already completed the rollout of multiple PET high-speed injection molding machines, with commercial production slated to begin in May this year. To catch up with industry leaders, a direct‑pressure injection molding machine—developed independently by Funeng Precision and featuring proprietary technology—has successfully passed regulatory approval. With enhanced stability and efficiency and a more streamlined, compact design, it is expected to be launched in September this year.

Mold machining factory

The high‑cavity, high‑precision mold business has successfully served companies in sectors such as food and beverage packaging, premium liquor packaging, edible oil and condiment packaging, and medical consumables, thanks to its products’ superior precision, efficiency, and long service life, as well as its provision of professional, highly efficient, full‑mold “customized” solutions. With a 100% delivery rate, the company further enhanced its capabilities in 2022 by acquiring multiple imported high‑precision machining centers, boosting its annual production capacity to over 6,000 cavities.

Meanwhile, leveraging the strengths of each business segment and adopting a “point‑to‑area” approach, we have established in-depth collaborations on multiple major projects with companies such as Huaxi Fluid and Edema Beverage, thereby driving the transformation and upgrading of our industrial structure.

Xichong Agricultural Base

In the energy‑saving and ecological sector, whether it’s new‑energy vehicles or ultrafiltration technology for industrial wastewater, Funei Precision Engineering is firmly at the forefront. Its subsidiaries have been deeply rooted in Inner Mongolia for more than a decade and, over the past two years, have focused on environmental pollution prevention and control, as well as wastewater and sludge treatment. At the same time, guided by the rural revitalization strategy and driven by the development philosophy of “low carbon, ecology, efficiency, and circularity,” the company has invested in building a 100,000‑mu “green‑circular” ecological agriculture production base in Yixing Town, Xichong County, thereby supporting efforts to boost rural development and improve farmers’ livelihoods. This initiative ensures that the green, organic agricultural products under its “Fumanman Xiaotian” brand are accessible to consumers, truly bringing to life the vision of wholesome, eco‑friendly food—from farm to table.

2023 NEW OUTLOOK

2023 New Outlook

In 2022, Fune employees rose to the challenge with unwavering determination; as the market gradually recovers in 2023, they are even more confident. In 2023, Fune Precision Engineering will tackle a greater array of cutting-edge technical challenges across its smart manufacturing, intelligent control, and energy‑saving eco‑friendly business segments, develop innovative product solutions, and enhance product competitiveness. The company will maintain rigorous quality standards, strengthen process management and staff skill development, stay focused on its goals, and tap into new market opportunities to deliver high‑value‑for‑money product solutions to its customers.

Meanwhile, construction of the Fuen Precision Engineering Headquarters Base is well underway, encompassing a headquarters‑economy center, a headquarters R&D hub, and an intelligent manufacturing facility. The first phase is expected to be completed this year, heralding the stunning debut of a smart factory in modern manufacturing. All that has come before is but a prologue; the future holds boundless promise. With bold ambition and unwavering resolve, the people of Fuen are poised to seize the moment, pursue grand visions, and drive a leap‑forward in organizational performance.

“With the beginning of the new year, all things are renewed.”

In 2023, Funeng Precision Engineering

Smart manufacturing, intelligent control, and energy-saving ecology—each a distinct business segment.

On behalf of all our employees, we wish you and your family a happy New Year.

Wishing you a Happy New Year, good health, success in all endeavors, and happiness for your entire family!