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[Music]
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welcome to Cy Global's 20th anniversary
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celebration let's gather to commemorate
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two decades of resilience determination
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and remarkable
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achievements my name is Jane Chen
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together with Mr E we founded CNY Global
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in
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2004 time fries I can't believe it's
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already 20 years 20 years ago when we
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first start our business we we have very
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little cash no industrial experience no
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resources all we have is our dreams and
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the determinations we decided to take a
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more challenging way by establishing a
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Recycling yard that way we can oversee
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and uh make sure our material has right
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quality we win the trust from our
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clients and most of them are willing to
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pay us a events that way helped the CNY
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to sustain and grow me and ye worked
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almost 16 hour a day he's a driver he's
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a worker a buyer and a quality control I
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started with scratch go every yard was
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check in my pocket and buy Square medal
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I have no idea on Square medal only
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thing we are buying is electrical motor
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and seal units so I don't even have our
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own truck cuz I sometime I need a pick
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up I rent a truck I go pick up a couple
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boxes and we also have a small Warehouse
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a friends give me a rent so when
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accumulate a whole load container I
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booked the container and a loading
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container that's the first year I
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handled human resource
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documentation uh Finance Warehouse
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operation in 2006 I begin to think how
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can we take CNY to Next Level so I start
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to design Erp system go a step this
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marked the beginning of our Journal into
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digital operations over the years we
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have continuously optimized and upgraded
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our system today G step has become a
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stable and Powerful Erp system
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supporting the company's operations
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sism 2007 is an important year for cmy
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we opened our second yard in alas Texas
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we also established our sales yard in
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guong China same year we moved our
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Houston location to a big yard with more
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loading dock and of course with concrete
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just as we felt the company is growing
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quickly and
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smoothly 2008 financial crisis hit that
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was the first time me and the E learned
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to how to manage a business through the
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crisis
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we deeply believe relationship and Trust
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are most important to a
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business so we made a tough decision not
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waiting the market coming back and we
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sold our inventory at reducer price to
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generate more cash to pay off all the
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supplies and also we decide not lay off
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any employees at a difficult time
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fortunately ly by 2009 the market
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bounced back CNY survived Vincent and
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Adam former clients became partners and
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new yards open in Chicago in 2011 San
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Francisco in 2012 and Cleveland in
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2015 the company continued its expansion
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acquiring facilities in Kansas and
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Oklahoma in 2016 I'm mostly very
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impressed with the part work AET by Dr
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Ian Jane and uh the Integrity uh they
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uphold to the very high standard in this
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business in the last 14 years I saw CNY
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has been grown up from a kid to strong
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young man now all achievement we made so
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far came from the support of our clients
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friends and hardworking employees we
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highly appreciate with their support our
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volume quickly doubled I came to truly
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re realize the power of teamwork today
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we celebrate our 13 years of partnership
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we trust each other and we share the
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common Vision staying true to its global
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vision seey Global set its sights on
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further expansion in 2017 the company
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opened a yard in Atlanta the same year
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China implemented a waste import ban and
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see why was forced to seek opportunities
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in other countries outside of
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China in 2018 Cy Global began operations
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in Thailand by renting a yard however
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the local government soon imposed
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stricter import policies which initially
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prevented Cy from success in
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Thailand the company considered giving
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up operations in Thailand and looking to
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a different country however they decided
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to
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persist so in 2019 we bought a land near
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Bangkok and build our Factory from
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ground up September 2019 we had the
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grand opening for American Metal
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Thailand we have a highly skilled and
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efficient labor force and we deploy the
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best processing technology in the
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industry we currently have a network of
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vendors in all major industrialized
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countries our Finch products are all me
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ready materials our our ultimate goal is
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to achieve close to zero waste through a
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circular production loop from
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dismantling and processing to smelting
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the Strategic move transformed the CNY
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from a trading company to a
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Manufacturing Company it took us whole
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five years to learn how to effectively
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run a manufacturer in
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Thailand today we have become one of the
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largest metal processing facility in
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Asia the current production plant covers
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an area around 40,000 s m and processes
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150,000 metric tons of scrap metal per
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year Key Products processed include
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electronic motor Transformers insulated
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wires and copper bearing materials
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additionally Cy adopts a circular
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economy approach by using the plastic
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stripped from insulated wire to make PVC
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plastic pellets SE Thailand facility has
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significantly increased se's Global
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presence and positions the company for
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further growth in the coming years in
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2022 the company opened an office in
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Japan followed by Acquisitions of
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companies in St Louis and Denver in
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2024 we do more of a
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operationally uh in the states so where
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they did more exporting we did more
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processing can't say enough nice things
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about Jane and ye you know I personally
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want to thank them for everything
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they've done for us taking us to that
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next level I think it just kind of touch
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the service as bread said I think in the
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future I think we could uh really grow
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in St Louis and kind of be the
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PowerHouse in St Louis because of them
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but I also want to reach say something
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you know Adam and Vincent have been
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great to work with so as far as a
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partner group partnership goes I think I
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could not be happier with them um we
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trust them extremely much and you know
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the new acquisition with with Denver
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with RMR very well respecting industry
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as well and I just think together as a
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team really excited about the future and
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the people that they're putting
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themselves around now we've worked with
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CNY for many years particularly Dr y
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Vincent and other members of the CNY
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team and we looked at this is an
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opportunity to position ourselves for
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existing and for future growth and also
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to partner with a world renown reputable
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company
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Cy Global two months in to our merger
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things cannot be better we are thrilled
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with those that we work with we are
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pleased with uh we were welcome arms and
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we also look at the future for the
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merged companies today Cy Global
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operates many yards across the United
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States including Houston
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Dallas
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Chicago San Francisco Cleveland Kansas
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City oklah Oklahoma City
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Atlanta St Louis and
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Denver while its Global footprint
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continues to expand as of 2024 amt's
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production capacity has reached
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150,000 metrot ton per year and the
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revenue for the whole CNY group has
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reached $800 million Us doll per year
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Cy Global success is a testament not
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only to the vision of its Founders Jane
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and Dr yay but also to the dedication of
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every team
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member I'm Emily and I've been with s y
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since 2012 when I joined we were a small
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team with just three locations and a
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office of only three people I started in
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CNY by handling all export operations
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including making bookings managing bu
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bladings and coordinating with overseas
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agent and Brokers now I assist Jen and
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all our shareholders in managing the
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company and overseeing various
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departments to ensure the smooth daily
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operation for all the yards I started
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working like for uh 2006 July 1st for C
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Global when we only started working for
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for the C Global we only work like for
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five people I started and right now the
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company be cow up being more than 200
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people and then I enjoy with with then
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to far I'll be still over here and then
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I try to do the best I can I started in
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2006 work for CNY Global cuz uh I was
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trying to get a job and the C why is was
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a little really small company no office
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my interview was outside the jar uh with
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Miss Jane and start work with them I got
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a good good experience
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working with them T changed my life I've
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been working here since 2011 it's been
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14 years uh the day one we only have two
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yards uh now look at us we are
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everywhere we're worldwide we have
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overcome a lot of difficult times um
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including 2008 the market crash and 2019
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uh pandemic but we made it we made this
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far um I also want to thanks to a lot of
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people uh we have a lot of great people
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working for the company uh they all
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knowledge and friend uh it's like a big
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bing to me our success is a reflection
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and a result from all the effort from
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our partners our employees our customers
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and family friends who have support us
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along the way my parents founded CNY the
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year that I was born growing up I was
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always inspired by their passion and
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commitment to building their business
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they work day and night to be able to
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provide me with a good education and
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happy childhood I watched them fight
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through many crises and was always
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impressed by how they handled each
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challenge with Grace and perseverance
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their efforts and pursuing their dreams
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created a culture of persistence and
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dedication in our family and in the
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company I believe that this culture
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inspired me to achieve many Milestones
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including my admission to Harvard I
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believe the recycling industry is very
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promising as the world transitions into
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a circular economy and is increasingly
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concerned with the environment recycling
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will play a crucial role alongside the
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growth in the recycling industry I
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believe that there is a lot of potential
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for technological advancement such as
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using AI to determine metal recovery
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rates these Innovations has furthered my
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interest in this industry I'm very proud
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of my parents and what they have built
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in the last 20 years I look forward to
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seeing the continued growth and success
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of CNY and I hope to join them in the
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future in the long history of human
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beings 20 years is just a
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second but for CNY Group Company 20
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years is just the end of the beginning
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we have to go far and Far we don't have
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to be in the forus 500 list but we must
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go 500 years the new decade for CNY is
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not the end it's the start for our new
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Journey
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Cy Global Cy Global Cy Global C Global
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Cy Global Cy Global CNY Global CNY
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Global happy 20th anniversary happy 20th
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anniversary happy 20th anniversary happy
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20th
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anniversary anniversary happy
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anniversary C glob Global
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GL glal glob have anniversary happy 20
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anniversary
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hey
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happy
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happy Cy global
