On November 2nd, the Asia-Pacific International Coatings Industry Development Conference, co-hosted by the China Industrial Coatings Association and Puyang Municipal People's Government, was held online. During the meeting, Sun Lianying, President of the China Coatings Industry Association; Yang Qingjiu, Secretary of the Puyang Municipal Party Committee; and Liu Zhai, IBI Director/TDD CEO, jointly launched the Asia-Pacific Coatings New Material Trading Platform.

To jointly address the challenges of supply chain security and build a green supply chain system for China's coatings industry, the Asia-Pacific Coatings New Material Trading Platform focuses on the digitalization of transactions and supply chains to empower coatings and raw material enterprises to reduce costs and increase efficiency. Currently, the platform has accommodated 146 coatings, raw material, and equipment manufacturing enterprises.

As a co-initiator and service bearer of the Asia-Pacific Coatings New Material Platform, TDD is a leading B2B e-commerce and industrial internet platform in China. TDD has always actively integrated the existing value system of the industrial chain, collaborating with core enterprises in the industrial chain, core enterprises in the supply chain, industrial parks, industry associations, government units, and other resource parties, to jointly promote the construction of digital service systems for the transaction and delivery of industrial products/raw materials, deeply entering the industrial chain, optimizing the supply chain, and enhancing the value chain.

Sun Lianying, President of the China Coatings Industry Association, stated: "We are in an era full of challenges and hopes. The Asia-Pacific region, as the fastest-growing pole in the global coatings market, plays a crucial role in promoting the sustainable development of the global coatings industry. The association, in partnership with TDD and under the guidance of the Puyang Municipal Government, will strive to build an efficiently operating Asia-Pacific Coatings New Materials Trading Platform to promote green and high-quality development of the coatings industry in the Asia-Pacific region and even globally.

IBI Director/TDD CEO Liu Zhai stated: The Asia-Pacific Coatings New Materials Trading Platform is a crucial initiative for TDD to deepen service in the coatings and chemical industry. In the future, under the guidance of the China Coatings Industry Association and the Puyang Municipal Government, we will fully leverage the platform's advantage of full industrial chain operation, based on the strategies of constructing digital cloud factories, digital cloud warehouses, and smart logistics, to jointly promote industrial innovation and upgrading.