Jinyang Earns National "Little Giant" Accolade and Forges Strategic AI Research Partnership

HENGYANG/CHANGSHA, China – September 2023 – In a dual announcement marking a pivotal moment in its corporate evolution, Jinyang was honored with the prestigious national-level "Specialized, Refined, Distinctive, and Innovative" Enterprise title ("Little Giant") by China's Ministry of Industry and Information Technology in early 2023. Concurrently, in September 2023, the company unveiled its strategic move into the future of smart mining by establishing "Changsha Zhongnan Jinyang Intelligent Equipment Co., Ltd.", a new holding subsidiary formed through a deep alliance with Central South University (a world's leading university in mining engineering).

The "Little Giant" designation, awarded in the first half of 2023, recognizes Jinyang's deep expertise and innovative capacity in high-end mining equipment. Building on this recognition, the September 2023 partnership formalizes a powerful industry-academia-research platform. The joint venture will spearhead the development of intelligent equipment and integrated EPC projects, with R&D roadmaps for 2024 and beyond including embedded sensor systems and AI-driven process optimization.

"This dual milestone in 2023 charts our course for the next decade," commented a company executive during the September launch. "We are evolving from an equipment manufacturer into a comprehensive technology provider, leveraging intelligence to solve complex operational challenges."