Pengfei Digital Intelligence Manufacturing shared and exchanged insights at the Jinyang Lake Digital Economy Development Summit Forum.

Release Date:

2023-08-27

On August 23, the Fourth Jinyang Lake Digital Economy Development Summit opened in Taiyuan, the provincial capital, under the theme “Empowering Transformation through Digitalization, Co‑Creating a Smart and Better Life.” On the morning of August 24, the Forum on the Digital Transformation and Development of Manufacturing was successfully held, with Shanxi Province Vice Governor Yang Qinqiong in attendance and delivering a speech. Zheng Peng, Chairman of the Board and President of Pengfei Group, delivered a keynote address at the forum, sharing and exchanging insights into Pengfei’s achievements in digital and intelligent manufacturing and its future development directions.

In his address, Yang Qinrong emphasized that in recent years, Shanxi has steadfastly prioritized the revitalization and upgrading of its manufacturing sector as the cornerstone of industrial transformation and upgrading. By vigorously advancing digital‑intelligent integration and empowerment, the province has set its economy on a fast track of sustainable growth, providing an effective pathway for both industrial and economic transformation. He expressed the hope that experts and scholars would offer insightful assessments and tailored solutions to guide Shanxi’s digital transformation in manufacturing, while urging them to choose Shanxi as a destination for investment, thereby sharing in the opportunities of this transformative journey and co‑creating a brighter future.

Under the title “Digital Intelligence Empowers Pengfei Manufacturing; Transformation and Upgrading Lead the Future,” Zheng Peng shared the solid strides Pengfei has made in its digital transformation. He noted that, under the wise leadership of the Provincial Party Committee and the Provincial Government, with the vigorous support of the Provincial Department of Industry and Information Technology, China Unicom and its Shanxi branch, as well as the Provincial Center for Promoting Digital Transformation, Pengfei has shouldered the mission of a world-class energy enterprise. While actively advancing the clean and efficient utilization of coal and the broader energy transition, the company has steadfastly pursued an upgrade path characterized by the modernization of traditional industries and the high-end development of emerging sectors. Closely aligned with both international and domestic trends in digitalization, Pengfei has continuously spearheaded a revolution in industrial intelligent technologies. By forging strong partnerships with industry leaders such as China Unicom, Huawei, Tencent, Alibaba, and Zhejiang University Zhongkong, it has successfully established six major digital‑intelligent application scenarios: smart mining, smart coal chemical processing, smart inspection, smart safety and environmental protection, zero‑carbon smart logistics, and smart operations management. Pengfei is the first enterprise in Shanxi to receive DCMM certification and to be recognized as an Industrial Internet Demonstration Enterprise by the Ministry of Industry and Information Technology. Furthermore, three of the Group’s subsidiaries have been honored as Shanxi Province’s benchmark enterprises for intelligent manufacturing, cementing Pengfei’s position as a leading exemplar of digital transformation in the industry.

Zheng Peng emphasized that, through digital and intelligent transformation, Pengfei has achieved a 100% increase in labor productivity, reduced operating costs by 12%, cut production costs by more than 20%, boosted production efficiency by 40%, and improved energy conversion rates by over 44%. In doing so, Pengfei has forged its own distinctive path of digital transformation in manufacturing, spearheading further innovation and reform in production, operations, and management within China’s coal‑coking industry.

Zheng Peng stated that Pengfei will fully leverage the leading role of intelligent manufacturing in driving industrial transformation, further elevate the level of its development, expand the range of application scenarios, and accelerate both the digitalization of industries and the industrial application of digital technologies. The company will focus on deepening and broadening the integration of the digital economy with the real economy, fostering new models and business forms that seamlessly blend the two, and providing stronger support and more exemplary cases to promote high-quality development of the province’s manufacturing sector. He expressed hope that, taking this forum as an opportunity, Pengfei will deepen cooperation with experts, scholars, and entrepreneurs, fully harness the power of digital technologies, generate more landmark innovations, and work together to usher in a new era of high‑quality development.

Since 2020, the Jinyang Lake Digital Economy Development Summit has been held in Taiyuan for four consecutive years. By pooling digital‑economy resources, expanding digital application scenarios, and enhancing the quality of the digital economy, the summit has continuously injected fresh momentum into the province’s economic transformation and upgrading. Today, the Jinyang Lake Summit has increasingly become a key indicator of Shanxi’s digital‑economy development.