News Details

On the afternoon of April 10, 2025, leaders and executives from the Talent Service Center of the Human Resources and Social Security Bureau of Haimen District, the Merchants Bureau of the Economic Development Zone, Lingang Science and Technology Investment, Cathay Pacific Haitong and other leaders and executives visited Jiangsu Yikong Intelligent Equipment Co., Ltd. for inspection and guidance. The company's senior management team accompanied the whole process, focusing on the self-developed steering wheel product line and the latest technology projects, and conducted in-depth exchanges on the technology autonomy strategy under the current international trade situation.

Workshop field visit: Demonstration of core technology and localization results

The inspection team went deep into the Yikong Intelligent production workshop and observed the production lines of high-precision steering wheels, intelligent navigation systems and core components of industrial automation. The company's technical director introduced in detail the performance advantages of integrated drive wheels, steering wheels, drives and other products, especially the application cases in the field of AGV (automatic guided vehicles). It is reported that Yikong Intelligent's steering wheel products have been fully localized from design to manufacturing, and its navigation system can adapt to the needs of complex industrial scenarios through self-developed algorithm optimization.

"Technological breakthrough" under high tariff pressure

Recently, the Trump administration has frequently escalated its tariff policies toward China. On April 9, the US announced an additional 50% tariff on Chinese goods imported to the US. Combined with previous policies, the comprehensive tax rate for some goods has reached 125%. This move not only impacts cross-border e-commerce, but also poses a "bottleneck" threat to manufacturing companies that rely on imported core components. The leaders were also concerned about whether it had an impact on our Yikong, and emphasized in the exchange: "Under the tariff form, as a local Chinese enterprise, we must accelerate the research on core technologies. We must firmly grasp the initiative in our own hands." While thanking the government and enterprise leaders for their concern, the executives of Yikong also said that our Yikong's drive wheels and navigation systems have completely replaced imported products, with a cost reduction of 30% and a delivery cycle shortened by 50%.

Supply Chain Resilience in Tariff Storm

Trump's tariff policy is triggering a global supply chain restructuring. US think tanks predict that if tariffs are imposed across the board, the average annual disposable income of middle-class families may decrease by $3,800, while the prices of imported goods such as automobiles may soar $20,000. In this regard, Yikong Intelligent reduces risks through localized supply chains and diversified market layout. For example, its heavy-load AGV products have expanded to emerging markets such as the Middle East and Russia, and are planning to jointly build an intelligent equipment industrial park with Haimen District to further strengthen regional industrial chain coordination.

Conclusion: Independent innovation becomes the key to breaking the deadlock

Through on-site visits and technical demonstrations in the workshop, the two sides reached a consensus on the "path of technological independence under tariff pressure". The leaders of the Haimen District Human Resources and Social Security Bureau pointed out: "Talent and technological innovation are the core of responding to international challenges. We will continue to support enterprises in introducing high-end talents and deepen the integration of production and talent. Faced with the Trump administration's "tax chaos", Yikong Intelligent's practice provides a sample for breaking through the manufacturing industry - only by mastering core technologies can we be free from fear of storms.