April 11, 2024, by the National Bureau of Statistics Institute of Statistical Sciences, Foshan City and Nanhai District at all levels of the Bureau of Statistics composed of the research team to visit KYEC, the research team of our digital transformation of the practice and results of in-depth investigation and guidance. This far-reaching exchange activities, not only highlights the national digitalization of the electrical equipment manufacturing industry attaches great importance to the process, but also marks the KYEC in the digitalization, intelligence and green transformation of the road to the significant achievements made by the authoritative recognition.

First, the National Bureau of Statistics research team style



The research team led by Wang Qianhai, Deputy Secretary of the Party Committee of the Institute of Statistical Sciences of the National Bureau of Statistics, showed great interest in the practice of digital and intelligent transformation of our company, and highly valued our achievements in digital and intelligent transformation, technological innovation, market development, etc. and put forward valuable guidance on the development trend of the industry, policy guidance, and the application of data.

Second, in-depth exchanges, talk about the future of the industry

During the research period, members of the national research team explored in-depth our production and operation status, technology research and development strength, product line layout and the effectiveness of market development. Secretary Wang Qianhai expressed full recognition and affirmation of the work done by Mr. Huang Tianping, Chairman of Keyuan Electric, in promoting the digital transformation of enterprises. After gaining an in-depth understanding of the various implementation phases of the company's digital intelligence project, milestones, expected benefits, the logic of phased implementation, and system data sources and other key elements, Secretary Wang further focused on the progress of the company's team building. With his rich working experience, Secretary Wang particularly emphasized the application value of big data in enterprise operations and offered insightful comments on how digital technology can effectively support data processing and utilization. In addition, Secretary Wang had an in-depth discussion on the background of Keyuan Electric's decision-making on digital transformation and highly valued Mr. Huang Tianping's keen insight into industry trends. Especially for Mr. Huang Tianping's point of view that “data distortion may lead to wrong decisions”, Mr. Wang expressed his deep concern and further exchanged views and discussions. Mr. Huang Tianping, Chairman of Keyuan Electric, explained in detail the company's practical exploration and fruitful achievements in intelligent manufacturing, green low-carbon, intelligent operation and maintenance. The research team highly evaluated our company's strategic layout of actively responding to the national policy guidance and promoting the transformation of industrial digital intelligence and greening, and believed that our company has shown a forward-looking vision and firm determination in the future development direction of the industry.

Third, field visit, appreciate the charm of intelligent manufacturing


The research group visited our advanced intelligent manufacturing workshop at the front line of production. Here, they witnessed the efficient operation of automated production lines, the precise collaboration between intelligent robots and the real-time monitoring of production data by Internet of Things (IoT) technology, and expressed their sincere appreciation for the outstanding performance of our company in applying cutting-edge technology to improve production efficiency, guarantee product quality, and realize energy saving and emission reduction. In addition, our independent research and development of a number of patented technologies and intelligent equipment has become the focus of attention of the research team, these results fully demonstrate our hard core strength in the field of technological innovation and product research and development, highlighting our leading position in the electrical equipment manufacturing industry.

Fourth, the wisdom to lead, explaining the transformation of strategic planning


KYEC's digital intelligence transformation strategy aims to improve market responsiveness and customer satisfaction through effective management of data assets and intelligent decision-making. Specific measures include information integration, business process optimization, and digital platform construction, aiming to build an efficient information flow system, improve decision-making speed, and ensure that new factories and businesses can quickly adapt to market changes. After the completion of the short-term goal, we will build a green intelligent factory with high quality, low cost and high flexibility through technological innovation and process optimization to achieve real-time monitoring and optimization of the production process, improve operational efficiency, reduce costs and achieve optimal allocation of resources.

Fifth, forge ahead, digital intelligent transformation attracted attention


Since its establishment in 2007, Guangdong Keyuan Electric Co., Ltd. has always been committed to the field of electrical equipment manufacturing, and through continuous innovation and development, it has become a leading manufacturer of power distribution equipment in China, and its products are well known around the world. Under the trend of intelligent manufacturing, our company actively responds to the government's support policy for the manufacturing industry, and launched the dual transformation plan in 2021, investing quasi 20 million yuan to upgrade the information management system, successfully integrating CRM, MES, ERP system, and realizing the digital management of the whole process. This move significantly improves business efficiency, won the Nanhai District, small and medium-sized manufacturing enterprises to build digital transformation benchmarks, Foshan City, three-level digital intelligent demonstration factories, and vigorously promote the core competitiveness of enterprises and industrial upgrading.

Sixth, system integration, showing the results of digital intelligence upgrading


Based on Oracle platform, Keyuan Electric has successfully integrated MDC, PLM, APS, MES, WMS, CRM, SRM and other systems to realize seamless flow of value chain data and real-time monitoring. This major breakthrough has brought about comprehensive digitization, integration and intelligence in all aspects of production. For example, the APS system automatically schedules production and warns of material shortages, shortening production time by more than 25% and significantly improving delivery speed; through docking with the MES system, it realizes on-site transparent management and forms lean management. Barcode management of warehousing is realized to realize on-demand spare parts for non-standard parts, and the inventory turnover rate has increased by 112%. In addition, product quality control was further strengthened, and the passing rate of the first delivery was increased by 0.71%. SRM system optimized supplier management, and WMS system revolutionized the warehousing and distribution process, which significantly improved the warehousing efficiency and responsiveness.

Seven, innovation-driven, highlighting the market leading position


KYEC has always insisted on technological innovation, launched four series of products: power transformer, high and low voltage switchgear, box-type substation, intelligent equipment, especially in the field of intelligent transformer has obtained the invention patent of international advanced technology status. Our market covers a wide range, for 14 consecutive years won the Southern Power Grid, the State Grid and non-grid customer projects, product quality and service is well received. At the same time, we actively explore the Middle East, the United States, Brazil and other overseas markets, showing a globalized strategic vision.

Eight, data empowerment, to meet the challenges of transformation


KYEC deeply analyzes production, sales and supply chain data through big data management and application platform. Facing the challenge of digital intelligence transformation, our company actively introduces 5G technology for intelligent workshop transformation to improve production efficiency and quality. At the same time, we focus on cultivating digital talents and building a professional team with digital literacy to support the continuous innovation and development of the enterprise.

Conclusion

The visit of the research team from the National Bureau of Statistics is not only an in-depth review of our digital transformation work, but also an affirmation of our continuous innovation and the spirit of climbing the peak in the fields of intelligent manufacturing, green and low-carbon, intelligent operation and maintenance. Keyuan Electric will take this opportunity to further deepen the digital, intelligent and green transformation strategy, enhance core competitiveness, to promote China's electrical equipment manufacturing industry high-quality, sustainable development to contribute to the power of Keyuan, and to draw a bright future of electrical manufacturing digital intelligence and green!