Jing Ji Ri Bao·2025-09-24 22:46Core Insights - JD Industrial launched the JoyIndustrial industrial supply chain model at the JD Discovery 2025 conference, aiming to reduce costs in the industrial sector by 1 trillion yuan through digital transformation [2][3] - The company holds a 4.1% market share in China's industrial supply chain technology and services market, making it a leading provider in the sector [2] - The Chinese government is promoting the integration of artificial intelligence and supply chain digitization to enhance efficiency and reduce costs across various industries [4][5] Company Overview - JD Industrial, established in 2017, is a prominent provider of industrial supply chain technology and services in China, offering comprehensive digital solutions [2] - The company has developed the JoyIndustrial model, which leverages over 57.1 million industrial SKU data to enhance supply chain efficiency [6][7] Industry Context - The Chinese industrial supply chain total cost is estimated to be approximately 115.19 trillion yuan in 2024, with potential savings of 6.77 trillion yuan through supply chain digitization [6] - The government has initiated several policies to accelerate the digital transformation of the manufacturing supply chain, emphasizing the importance of AI in enhancing operational efficiency [4][5] Strategic Initiatives - JD Industrial's "Intelligent Empowerment of Thousands of Industries and Trillion Yuan Cost Reduction" initiative aims to connect over 5,000 enterprises across more than 20 cities, focusing on various industrial sectors [7][8] - The company has introduced specialized solutions for nine key industrial sectors, including automotive manufacturing and energy, to facilitate targeted digital transformation [8]