On December 1st, the 2021 China Jiangsu E-commerce Conference and the China Industrial Internet Annual Conference opened in Nanjing. Pan Yong, Senior Vice President and Board Secretary of IBI, was invited to attend, delivered a keynote speech on behalf of the company, and received an award.

This conference was guided by the Jiangsu Provincial Department of Commerce and the Nanjing Municipal People's Government, and hosted by the Nanjing Municipal Bureau of Commerce. Relevant leaders attending this conference included Yu Bingying, a second-level inspector of the Jiangsu Provincial Department of Commerce, Nanjing Municipal Party Committee Standing Committee Member and Vice Mayor Xing Zhengjun, who delivered speeches, Zhu Lian, a second-level inspector of the E-commerce Department of the Ministry of Commerce, who gave a speech via video, Wang Xuanqing, Commissioner of the Ministry of Commerce's Nanjing Special Office, Zhuoyan Zhuang, Deputy Secretary of the Party Committee of the Nanjing Municipal Bureau of Commerce, and Special Deputy Director of the Nanjing Port Office, among others.

This China Industrial Internet Annual Conference is themed "New Concepts, New Patterns, New Cooperation," focusing on the major transformations and developments in the industrial internet from the perspectives of high-end, specialization, and trend.

Industrial Internet companies like Alibaba, Manbang, IBI, Shanghai Steel Union, Huitongda, and Ouyeel Cloud Business participated in the exchange, engaging in in-depth discussions about the future development of the industrial internet.

At this conference, Pan Yong, Senior Vice President and Board Secretary of IBI, delivered a speech titled "Technology Driven—IBI's Industrial Internet Practice," sharing with participating companies IBI's experiences and insights in promoting corporate and industrial digitalization through the implementation of the "Platform, Technology, Data" strategy.

The "Platform, Technology, Data" strategy is IBI's core strategy, with technology-driven as an important strategic support component. In 2021, IBI officially began the strategic implementation practice centered on the digital cloud factory and has already signed digital cloud factory cooperation agreements with more than 20 companies. Over the next three years, it plans to continue establishing 100 digital cloud factories. Meanwhile, IBI will continue exploring the construction of a closed-loop ecosystem in the industrial chain based on a digital tool system and attempt to construct an internet ecosystem for traditional industries.

Mr. Pan Yong mentioned that the industrial internet platform is a natural promoter for the digitalization of traditional industries, possessing a composite knowledge structure and effectively resolving the profitability model issues of small and medium-sized enterprises' digitalization. IBI will focus on promoting cost reduction and efficiency enhancement of the real economy through industrial digitalization, actively exploring solutions for enterprise pain points in transaction digitization, supply chain digitization, and production operation digitization, solving challenges in the digitalization process of traditional enterprises like difficulty in selecting digital tools, compatibility issues, and high implementation costs, and continuously promoting the development work of integrating traditional enterprises with digitalization.

At the end of the speech, Mr. Pan Yong also called for active cooperation among industrial digital service agencies. IBI will provide application scenarios and profitability model solutions for various digital agencies, working together to promote the integration and development of traditional industries and digitalization.

Additionally, IBI was also awarded the honor of being in the top ten of the 2021 China Industrial Internet Top 100 list. The other award-winning listed companies included Alibaba, Ouyeel Cloud Business, Manbang, China Energy Zinchain, China Chemical E-commerce Platform, Wangzhu Group, Shanghai Steel Union, Huitongda, Meicai, and other well-known industrial internet enterprises.