(Hong Kong, 16 June 2019) ? China Risun Group Limited (“China Risun”,
or the “Group”, stock code: 1907), a global-leading integrated coke, coking
chemical and refined chemical producer and supplier in China, has signed a
strategic cooperation agreement with Yonyou Network Co Ltd. (“Yonyou Network”),
which will give it access to industrial internet platform to
perform corporate digitalization and quickly boost the efficiency and
effectiveness of its operation management and technology output services.
China Risun is dedicated to the pursuit of technological research and
development and innovation. It has strived to help the industry advance by
setting new production standards and, by achieving “Equipment Intelligence + Manufacturing
Intelligence + Digital Operation”, it affords high quality, highly efficient,
low consumption, clean, flexible and safe production, has boosted the value of
the traditional industry. Through cooperating with Yonyou Network, the Group aims
to achieve a shift of focus ? from production to customer needs and from functional
management to automation ? and build a standardized system capable of
integrating and performing sales, transportation, production, supply and financial
functions “all under one roof” to support China Risun in rolling out its operation
management and technology output service strategy.
Over the years, Yonyou Network has served the need of enterprises, in
and outside China, and public entities to go digital and realize smart
development. Tapping the power of industrial internet platform,
the Group will be able to steer the focus of the production bases it operates
towards the market, integrate resources along its industrial chain and automate
such functions as supply, coal blending, shipment, delivery tracking, pricing
and data analysis. Moreover, through contract management, it can seamlessly
connect production and sales, thereby be able to fulfil contracts effectively,
accurately and meeting expectation. Informatization will give the Group instantaneous
access to operating Big Data, assisting making of management decisions and faster
and more effective and optimized resources allocation, in turn maximizing economic
returns. In addition, the Group will be able to “embed” effective risk
management and internal control in its business system to ensure daily
operation and internal supervision are well-integrated to give it enhanced risk
prevention capability.
The Group will work hard to capture opportunities presented by
consolidation of the industry at the PRC Government’s keen push for supply-side
reform. It will expand business by putting in its best strengths and offering operation
management and technology output services to cooperating manufacturers, thereby
improve the operating profit margin and sustainability of its business. This
strategic cooperation will brace the Group in achieving rapid growth of the
business segment.
About China
Risun Group Limited
China Risun Group Limited is the world’s largest independent producer
and supplier of coke in 2018, according to Frost & Sullivan. The Group is
an integrated coke, coking chemical and refined chemical producer and supplier
in China and holds leading positions in a number of refined chemical sectors
both in China and globally. The vertically integrated business model among with
more than 20 years of experience in the coal chemical industry production chain
has enabled the Group to tap into the downstream refined chemical markets. For
more details, please visit http:/www.risun.com/En/
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