RIGOL Shanghai R&D Center Grand Opening

On October 18, 2024, Puyuan Precision Technology Co., Ltd (stock code: 688337.SH) welcomed the grand opening ceremony of its Shanghai R&D Center. With the theme of “Infinite Possibilities”, the ceremony was held in Jingang Zhihao Park in the new area of Shanghai Lingang, attracting more than 100 guests to witness this milestone moment.

Since its establishment in 1998, Puyuan Precision has always been committed to the research and development, production, sales and service of general-purpose electronic measuring instruments. With its self-developed core technology platform, Puyuan Precision has successfully realized the industrialization of its products and gradually grown into a market leader in the global test and measurement industry. The opening of the Shanghai R&D Center marks a decisive step in Puyuan Precision's strategic layout for globalization.

The atmosphere at the celebration site was warm and festive, and Wang Yue, founder and chairman of the company, delivered a passionate speech. He emphasized that Shanghai R&D Center is not only one of the company's five major R&D centers, but also a key link in the globalization layout. The center will make full use of the unique advantages of the new area in Shanghai Lingang, and is committed to building it into the headquarters of Puyuan Precision Electronics Division, further strengthening the company's R&D and innovation capabilities in the field of electronic measuring instruments.

Gong Hongbing, member of the CPC Working Committee of Shanghai Lingang New Area, Ji Jun, member of the CPC Committee of Shanghai Jinqiao Group, and Peng Yu, Dean of the School of Electronic and Information Engineering of Harbin Institute of Technology, also delivered speeches one after another, expressing their warm congratulations on the opening of PYP's Shanghai R&D Center, and looking forward to the center injecting new impetus into the scientific and technological innovation of the Lingang New Area and the development of the integrated circuit industry.

During the ceremony, Mr. Cheng Jianchuan, Deputy General Manager and Secretary of the Board of Directors of Puyuan Varitronix, introduced the development history, culture and products of the company to the guests. He reviewed the achievements of Puyuan Varitronix in brand development, product R&D and technological innovation over the past 26 years, and said that with the official opening of the Shanghai R&D Center, the company will provide better and innovative solutions in various fields to promote the development of the industry, achieve customer success, and create unlimited possibilities.

Dr. Wan Wen, Director of Shanghai R&D Center, introduced in detail the strategic positioning and future development blueprint of the R&D Center. He said that the R&D center will focus on independent research and development of core technologies, products and solutions, enhance the R&D strength and broaden the field of product development. At present, the R&D center has set up a core team and plans to expand the team size to 150 people in three years.

In addition, Dr. Sun Ningxiao, head of solution business unit of Puyuan Precision Power, made an in-depth introduction to RIGOL modular instruments and solutions. He elaborated on RIGOL's trinity strategic layout composed of benchtop instruments, modular platforms and solutions, and said that by leveraging the innovative thinking of university partners and the extensive coverage of channel partners, RIGOL will jointly explore and advance the frontiers of scientific and technological development.

Finally, in the warm applause and blessings, the company's founder and chairman Wang Yue and important guests cut the ribbon for the Shanghai R&D Center, marking the official opening of the center. This initiative not only injected new vitality into the development of the company, but also injected new impetus into the scientific and technological innovation in the new area of Shanghai Lingang.

The opening of Puyuan Varitronix Shanghai R&D Center is not only an important supplement to the company's globalization strategy layout, but also a further enhancement of the company's R&D strength and innovation capability. Looking to the future, Puyuan Varitronix will continue to adhere to the mission of “Achieve scientific and technological exploration, help you infinite possibilities”, empowering many industries such as communications, new energy, semiconductor, education and research, and system integration with innovative technologies, solving complex challenges in test and measurement, and creating infinite possibilities for the future together with partners.