Industrial Internet boosts manufacturing transformation and upgrading Huafeng Microfiber Reengineering Industry New Ecology.
On June 20th, the 2019 World Industrial and Energy Internet Expo was held in Changzhou, Jiangsu. At the meeting, Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, said that the Ministry of Industry and Information Technology will promote the rapid, healthy and orderly development of China’s industrial Internet by strengthening the industrial innovation capability, improving the three major systems of network, platform and security, and deepening international cooperation.
At present, the world is in the midst of a new round of scientific and technological revolution and industrial transformation. The new generation of information technology represented by big data, cloud computing, artificial intelligence and the deep integration of the real economy, the industrial economy accelerates from digital to network, Intelligent development. In the next decade, the industrial Internet will be an important direction for the upgrading of China’s manufacturing industry. In this context, early-stage industry leading companies such as Huafeng Microfiber (300180.SZ) are expected to benefit.
As a leading company in the microfiber industry, Huafeng Microfiber has been focusing on the research, development, production and sales of microfiber materials since its inception. It has PU resin for leather, ultra-fine bundle fiber spinning, non-woven fabric, impregnation, etc. Process development and production capacity involved in all products such as surface and dyeing. At present, the company’s production capacity of microfiber materials is nearly 100 million meters. According to the 2018 annual report, the company’s microfiber products realized revenue of 2.543 billion yuan, a year-on-year increase of 19%. Among them, the revenue of microfiber bottom billets exceeded expectations and achieved 52% growth.
Inspired and guided by the subsidiary Wefton’s team, Huafeng Microfiber launched the Internet Signage Analysis System project and successfully entered the “Terms of the Industrial Internet Innovation Development Project Support Project of the Ministry of Industry and Information Technology in 2018”. The project aims to connect upstream and downstream customers and suppliers to realize the unified circulation of specific commodity codes in the microfiber industry, and to realize information inquiry and sharing of microfiber products across regions, industries and enterprises. The successful implementation of the project has accumulated rich experience in the advanced manufacturing of Internet industry enterprises for Huafeng Microfiber and established a good industry benchmark image.