Recently, the World Economic Forum announced that 22 innovative manufacturing companies have joined the global lighthouse network, bringing the total number of members to 172, with 13 of the 22 new lighthouse factories coming from China. According to the 'China Intelligent Manufacturing Industry Development Report (2022)', China's intelligent factory scale was 856 billion yuan in 2020, expected to exceed 1.4 trillion yuan by 2025, with a compound growth rate of 10%.
Recently, the World Economic Forum announced that 22 innovative manufacturing companies have joined the global lighthouse network, bringing the total number of members to 172. It is worth noting that among the 22 new lighthouse factories, 13 are from China. As introduced, the newly-added lighthouse factories have on average increased labor productivity by 50%, thanks to various digital solutions they have implemented, such as interactive training programs, smart devices and wearable devices, as well as automation systems integrating robots, artificial intelligence, and machine vision technology.
Intelligent manufacturing, as a product of the deep integration of new-generation information technology and manufacturing industry, is not only an innovation at the technological level but also a profound reshaping of traditional production modes, industrial structures, and value chains. It has become a strategic high ground in the new round of global manufacturing competition. Intelligent factories are important application scenarios of intelligent manufacturing. According to the 'China Intelligent Manufacturing Industry Development Report (2022)', China's intelligent factory scale was 856 billion yuan in 2020, expected to exceed 1.4 trillion yuan by 2025, with a compound growth rate of 10%.
According to the Financial Data Center, among related listed companies:
Guangzhou Risong Intelligent Technology Holding has accumulated a number of core technologies in robot control and simulation, automation system technology, advanced welding technology, intelligent assembly and positioning, and industrial internet applications. The company provides intelligent manufacturing solutions and production lines for customers' lighthouse factories.
Beijing Tongtech's digital transformation business mainly targets energy and electrical utilities, public safety, smart emergency response, and military industry, assisting government and enterprise customers in providing a series of products and solutions in digitalizing assets, operations, decision-making, and business.