Sinopec Corp.(SH:600028) Zhong Guo Hua Gong Bao·2025-11-07 02:10Core Viewpoint - The petrochemical industry is undergoing a digital transformation driven by new generation information technologies such as artificial intelligence, which is essential for enhancing productivity and reshaping core competitiveness [1][2]. Group 1: Digital Transformation Progress - As of September 2025, the digitalization rates of key processes, supply chain management, and production equipment connectivity in the petrochemical industry are significantly higher than the industrial average [2]. - Leading companies like Zhenhai Refining & Chemical and CNOOC Hainan Branch are playing a pivotal role in this transformation [2]. - Despite initial achievements, the industry faces challenges such as insufficient transformation motivation and a lack of low-cost, replicable solutions tailored to the petrochemical sector [2]. Group 2: Future Opportunities and Challenges - The digital business in the petrochemical sector is projected to create an additional market space of approximately 10 trillion yuan over the next five years [2]. - Key challenges include poor data flow, insufficient industrial software development, and the need for deeper integration of AI with petrochemical technologies [2]. - The focus for future AI applications in the industry should be on enhancing efficiency, complex decision-making, personalized demands, and new user experiences [2]. Group 3: Policy and Support Initiatives - The Ministry of Industry and Information Technology plans to strengthen planning and policy frameworks for digital transformation in the "14th Five-Year Plan" [3]. - Goals include improving overall productivity, enhancing safety, and promoting clean production through the establishment of application benchmarks and accelerated demonstration of AI technologies [3]. - Collaboration between academia and industry is emphasized to cultivate interdisciplinary talent necessary for supporting the digital transformation [3].