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Embracing the Battle for Victory: STEP Embarks on a New Journey in 2022

2022-01-21

Embracing the Battle for Victory: STEP Embarks on a New Journey in 2022

  The celestial instruments have begun anew, and the rhythms of the year are being renewed. As we bid farewell to the unforgettable year 2021, we have confidently stepped into 2022—a year that promises to unfold a brilliant new chapter.

 

  On the afternoon of January 17, the auditorium at STEP Suyi Road Base sparkled with vibrant lights. The grand “Embrace the Battle of Certain Victory with a King’s Heart” — STEP 2021 Annual Summary and Awards Ceremony was solemnly held here. STEP Chairman Ji Yi, Director and General Manager Wu Yuhui, and 200 employee representatives gathered together to look back on the achievements and honors of the past year and, taking this as a starting point, collectively envision a bright and promising 2022. Also attending the annual meeting as special guests were: Mr. Ji Defa, founder of STEP and Chairman of the STEP Academy; Mr. Yuan Zhongmin, former Vice Chairman of STEP; Mr. Zhu Qianghua, former Director of STEP; and Mr. Su Chongde, former Chairman of Shanghai Huitong Automation Technology Development Co., Ltd. Meanwhile, employees from other locations watched the ceremony live online.

 

 

Shanghai STEP Annual Conference Main Venue

 

 

Hangzhou Sub-venue

 

 

Shenzhen Sub-venue

 

 

Kunshan Sub-venue

 

   Looking back on the past, those years were full of glory and vigor.

 

  Accompanied by enthusiastic applause, the annual meeting kicked off with an impassioned and inspiring opening speech by the host. First, all attendees revisited the unforgettable moments of 2021 through a short video shown on the big screen.

 

 

  In 2021, the global economy continued its bumpy recovery amid the lingering shadow of the pandemic. Throughout the year, STEP leveraged China’s favorable environment of normalized epidemic prevention and control to stay in sync with industry trends, focusing on customer-centric, profitable growth. Upholding the corporate spirit of unity, determination, and resilience in the face of challenges, STEP pursued a balanced development across five key sectors, accelerating its journey toward high-quality growth.

 

  At the beginning of the year, we held a goal-pledging rally, marking the start of STEP significant strides forward for the new year. Following that, closed-door meetings in Hangzhou and Shenzhen provided both theoretical underpinnings and practical implementation pathways for building an elite, customer-centric team. In May, STEP solidified its future development direction as: focusing on core businesses, leading in technology, adopting a rational strategic layout, achieving operational efficiency, implementing standardized management, and developing international business capabilities—thus becoming a leading enterprise in our industry!

 

  In 2021, STEPeng boldly explored and stepped up its innovation efforts, reaping abundant achievements. The national key R&D program on high-efficiency, high-reliability power electronic systems based on SiC power devices successfully passed acceptance testing; groundbreaking advances were made in robotic welding technology; the SC30 motion controller made a stunning debut and was shortlisted for the 2021 China International Industrial Fair (CIIF) Grand Award, becoming one of the 18 top-tier products leading China’s manufacturing sector; and STEPeng Elevator Cloud won the First Prize in the Innovation Award category of the 2021 Invention & Entrepreneurship Award...

 

  In 2021, STEP reorganized its business strategy and continued to strengthen its presence in niche markets. It pioneered a collaborative front-end sales and office-working mechanism and established its first joint office in Suzhou. The K1 series servo drives were successfully deployed in pharmaceutical production lines. The 20,000th robot rolled off the assembly line, entering key markets such as Japan’s Kao Corporation and China Electric Engineering Corporation, and forging strategic partnerships with companies including Zhongce Rubber and Shanghai General Electric Welding Machines. The Amal service robot made its debut. Building on its strong position in white-body manufacturing, smart manufacturing achieved breakthroughs in general industrial and broader electronics sectors. In terms of overseas operations, sales surged in Vietnam, India, and Greece, and for the first time, variable-frequency drives entered Russia’s natural gas extraction industry and Pakistan’s sugar-refining sector...

 

  In 2021, STEP wrote a chapter of honor in its diary, receiving a series of prestigious awards including the 25th Anniversary Outstanding Enterprise Award for Innovation Driven by Modern Manufacturing, the Sports Control User Satisfaction Brand, and the 2021 High-Tech Robot Annual Enterprise Award...

 

  Meanwhile, in 2021, STEPeng stepped up to shoulder its social responsibility and delivered on its promises through concrete actions! It supported the development of China’s education sector by donating 500,000 yuan to the Jiading District Education Award Foundation in Shanghai. Founder Mr. Ji Defa also made a generous donation to Shandong University, selflessly supporting the development of his alma mater...

 

   In his speech, Ji Yi, Chairman of STEP, said: “Seize the opportunities for certainty and act swiftly—let STEP become a great enterprise!”

 

  Chairman Ji Yi stated that in 2021, STEP achieved high growth in both revenue and profit. These outstanding results are the outcome of teamwork. He sincerely thanked all employees and the management team for their hard work throughout the past year and extended New Year greetings to everyone.

 

  This year marks the 27th anniversary of STEP founding. In a heartfelt statement, Director Ji said: “The founding team of STEP demonstrated their wisdom and ingenuity, overcoming countless obstacles along the way and transforming STEP from a start-up enterprise into a publicly listed company—thus creating a platform for today’s STEP employees to showcase their talents. It is our corporate culture, which relentlessly pursues excellence and fosters differentiated advantages, that has made STEP what it is today.”

 

  She pointed out that STEP is embarking on a new journey while also facing new challenges. Technological transformations—such as digital twins and the metaverse—are rapidly emerging; market competition is highly volatile, and industries related to new energy, 3C electronics, and carbon neutrality are experiencing rapid growth. In an era marked by uncertainty, STEP needs to think calmly, seize opportunities with certainty, and act swiftly to become a great enterprise.

  She emphasized that STEP is operating on a track characterized by deep snow and long slopes. In 2021, the state released the “14th Five-Year Plan for the Development of the Robotics Industry” and the “14th Five-Year Plan for the Development of Intelligent Manufacturing,” once again clearly outlining the nation’s expectations for the development of the automation, robotics, and intelligent manufacturing sectors. STEP must fully leverage its own strengths, focus on its core business areas, maintain strategic composure, and go all out to secure a foothold in the global market and become an internationally renowned brand in the field of intelligent manufacturing.

 

   Wu Yuhui, General Manager of STEP, delivered the annual summary and outlook: “Let winning battles become a way of life!”

 

  General Manager Wu Yuhui pointed out that in 2021, STEP overcame the impact of the pandemic and shortages of electronic components, boldly undertaking transformative changes in its organizational structure and operational model. With the joint efforts of more than 2,000 employees, the company achieved steady growth in sales revenue, profitability, and the share of its own-brand business, maintained healthy cash flow, and delivered a successful annual performance.

 

 

  He comprehensively reviewed and summarized the company’s annual strategic implementation and the progress of key initiatives, and thoroughly highlighted the standout achievements in our business.

 

   Electrical Control: The promotion of Elevator Cloud has reshaped the landscape of electrical control supply in the elevator industry, achieving a nationwide deployment of 4,000 points and gaining recognition from complete elevator manufacturers. We’ve focused on strategic customers, driving business growth, and our new robotic control system business has successfully delivered solutions to multiple clients.

   Inverter: Our core-driven products and solutions have broken into the top 10 customers in the industry and boosted brand awareness in niche segments.

   Motion control: Integrated development links individual operations and control products to create highly efficient solutions, continuously expanding industry applications while maintaining steady growth in agency business.

   Robot: Focusing on the development of scenario-specific applications and breaking new ground in industry applications, shipments surged significantly throughout 2021. The Super Factory received national-level recognition, marking a perfect end to the year.

   Smart Manufacturing: Significant breakthroughs have been achieved in overseas markets and the construction machinery sector.

 

  General Manager Wu Yuhui pointed out that for a company to maintain long-term vitality, its technological strength must be translated into product competitiveness, and solid underlying strategic support is also essential. To this end, STEP has clearly defined new directions and goals for development and established new core values. STEP will continue to focus on motion control technology as its core competency, leveraging product standardization and the empowerment of intelligent manufacturing platforms to ultimately provide customers with comprehensive smart manufacturing solutions and enhance its market competitiveness.

 

  In 2022, under the guidance of its development strategy, STEP will embrace winning as a core belief. STEP will focus on its core business tracks and leading customers, deeply explore niche markets, integrate business units to create synergies, coordinate forward-looking product and technology planning, and implement a comprehensive global marketing strategy.

 

   Pay tribute to the “excellent” and walk alongside role models.

 

  By recognizing “excellence,” we allow the spirit of “practical action and relentless effort” to be passed on through the power of role models. At the annual meeting, we also presented awards including STEP’ Employee of the Year, Outstanding Project/Team Award, Science and Technology Progress Award, and Chairman’s Award.

  

 

 

 

 

   Energize your youth, shine with brilliance.

 

  The eagerly anticipated literary and artistic performance—entirely written, directed, and performed by the employees themselves—fully showcases the youthful vitality and boundless creativity of today’s young workforce, serving as a microcosm of STEP corporate culture development.

 

  

 

   Light show + military-style boxing

  

 

 

  The opening show set the stage on fire—just as Mr. Ji Defa, founder of STEP, 27 years ago, embarked on his journey with elevator electrical control as his starting point, driven by his original aspiration to build a nationally renowned brand, thus laying a splendid foundation for STEP Group’s future expansion and pioneering achievements today.

 

   Flamenco dance

  

 

  In the Xia'ao Intelligent Manufacturing Workshop in Suzhou, robots and robotic arms are like dancing sprites amidst the industrial landscape—elegant and dynamic, with fluid, undulating movements. Doesn't it perfectly resemble a passionate, exuberant dance, with bodies moving freely and joyfully?

 

   Folding Fan Dance

  

 

  In 2021, the 20,000th STEP robot rolled off the production line, securing a leading position in numerous niche markets. They dance with grace and poise, carving out new ground with every move! Like a folding fan, they open and close with perfect balance, retracting and extending with effortless ease!

 

   Magic show

  

 

  The versatile industry applications of the Ω6 servo and SC-series controllers are truly breathtaking—almost like magic.

 

   Dunhuang Flying Apsara Dance

  

 

  In 2021, the variable-frequency drive business adhered to a development approach that balances “inheritance” and “innovation,” closely aligning with Feitian’s philosophy. Together, they pioneered China’s first dedicated inverter for air-conditioning refrigerant cooling and a new-generation intelligent flexible drive.

  

 

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