12月5日至6日，由南方财经全媒体集团主办，21世纪数字传媒承办的南方财经论坛"21世纪卓越董事会 年会"在广州南方财经大厦盛大召开。大会以"新蓝图，新机遇"为主题。 在大会圆桌讨论环节，就产业互联网在"十五五"期间的发展机遇话题，找钢集团董秘孟龙在会上发言分 享。 （原标题：找钢集团孟龙：三大战略驱动，以AI重塑B2B交易生态） 21世纪经济报道记者 彭新 他表示，作为钢铁行业一站式服务平台，找钢集团确立了全球化、多品种化及全面AI化三大核心战 略，旨在进一步推动工业原材料产业的数字化升级。 在全球化布局方面，孟龙指出，当前中国基建、地产及工业能力正迎来一波强劲的出海浪潮。顺应这一 趋势，找钢集团已重点布局东南亚及中东等"一带一路"沿线国家，将国内成熟的平台模式复制至海外， 以捕捉广阔基建市场空间。 他认为，未来越来越多的工业原材料将通过线上模式进行交易，这种更高效、更安全的新兴模式，已成 为整个行业发展的必然趋势。 此外，孟龙特别提到将AI应用于B2B行业的愿景。他指出，B2B行业交易链路长、价格波动快，是AI应 用的一个大场景。找钢集团计划利用AI优化复杂的售中售后环节，致力于使用AI Agent（智能 ...

来源：品牌观察官 剧本都不敢这么写！曾经中国B2B10强的平台，竟是套牢百万老板、吸金2400亿的"金融黑洞"。 一位东莞塑料厂老板发现自己在"小谷丰收"平台上的百万元货款无法提现时，他起初以为只是系统故障。 直到看到微信群里的"挤兑"消息如潮水般涌来，才意识到自己可能踩中了一个精心编织的金融陷阱。 "如果盟大倒闭了，我们就没有机会为广大客户负起责任了，那是大家都不想发生的局面！" 李实在2025年10月24日的公开信中这样写道，字里行间透露着悲壮与无奈。 图源：盟大集团公告 短短一个月后，这位曾被誉为"产业互联网先锋"的企业家，主动走进了东莞市南城分局。 彼时的行业标杆，现因资金池运作模式涉嫌违法而进入监管调查程序。这场坠落，始于一个被无数光环包裹的2400亿故事。 "国家级"黑马诞生 从东莞小厂到2400亿巨头 盟大集团2010年成立，从东莞出发，盟大集团打造了一个覆盖塑料化工全产业链的线上王国。 在其官网上，挂满了伴随其发展的众多光环。"国家级高新技术企业"、"中国B2B平台10强"、"塑料 化工产业数字科技服务平台"等百余项认证，被视为区域制造业数字化转型的典范。 而这些光环及强劲背书在2025年11 ...

Core Insights - The 2025 Industrial Internet Development Report indicates that the industrial internet is entering a growth phase characterized by large-scale value creation, with a focus on industrial AI, deep value chains, and international expansion as key transformative directions [1][7]. Group 1: Annual Progress of the Industrial Internet - The industrial internet is transitioning from a capital-closed effect phase to a growth phase driven by large-scale value creation, with industrial AI, international expansion, and deep supply chains as critical keys to unlocking this new cycle [7]. - Nearly 80% of enterprises are experiencing growth, with a notable trend where the number of profitable companies exceeds those with revenue growth [17][21]. - The software and information technology sector accounts for 39% of the industrial internet landscape, highlighting its foundational role in driving digital transformation [10]. Group 2: Capital Market Trends - The capital market is witnessing a surge in investment in embodied intelligence, with state-owned funds becoming significant partners, focusing on industrial collaboration and regional economic contributions [1][24]. - In 2025, over 70 investment events were recorded in the industrial internet sector, with embodied intelligence receiving more than 63% of the total funding, indicating a strong market interest in this area [25][27]. - State-owned capital is increasingly becoming a crucial funding source, covering key areas such as digital supply chains and industrial digital technology, thus promoting regional digitalization and cluster development [27][29]. Group 3: Policy Trends and Practices - The policy focus is shifting from "cloud adoption" to "AI+", emphasizing the value of data assetization and prioritizing industrial e-commerce as a key area [1]. - The report highlights a significant trend towards the integration of AI in operational processes, with companies increasingly adopting AI technologies across various business functions [42][43]. Group 4: New Models and Cases - The report outlines that over 50% of enterprises are investing in AI innovation, while 74% are focused on restructuring their value chains through digital platforms [32]. - Various companies are actively pursuing international expansion, leveraging digital infrastructure and localized operations to tap into global markets [38][39]. - The application of AI technologies is becoming a core component of business processes, enhancing efficiency and decision-making across supply chains and operational workflows [42][43].

Core Insights - The rise of industrial internet is significantly driven by the integration of AI technologies across various industries, marking a transformative shift from the consumer internet era [2][3] - The potential of the industrial internet is far greater than that of the consumer internet, as companies embracing AI are demonstrating renewed growth and vitality [2][3] Group 1: Transformation of Industry - The industrial internet era is characterized by a fundamental and comprehensive transformation of industries, leading to new supply-demand relationships and the emergence of new business models [3][4] - AI technologies are replacing traditional elements in industries, such as AI models supplanting conventional search and information systems, and AI robots replacing human labor [4] Group 2: Efficiency Enhancement - The previous "internet plus" models improved efficiency through intermediaries, but as industries transition online, these methods face increasing challenges [5][6] - AI-driven efficiency improvements are more proactive and transformative, reshaping industry relationships and enhancing productivity at both B2B and B2C levels [6] Group 3: New Dividend Release - The industrial internet is set to experience a new wave of dividend release, contrasting with the consumer internet's bottom-up approach; this new release is more top-down, driven by changes in the industry itself [7][8] - The dividends from the industrial internet are expected to be more sustainable and continuous, providing ongoing benefits to consumers and industries alike [8] Group 4: Future Outlook - The integration of AI across various sectors is indicative of a broader trend towards the industrial internet, which promises deeper and more comprehensive industry transformations [9] - As the industrial internet matures, it is anticipated to usher in a new era characterized by significant potential for growth and innovation [9]

Core Insights - AI is becoming a transformative tool across various industries, leading to renewed interest from capital markets and enabling new players to thrive [2][9] - The transition from the "Internet+" model to AI-driven solutions is seen as a necessary evolution for companies facing challenges in traditional online growth [4][5] Group 1: AI's Role in Industry Transformation - AI serves as a bridge between the IT era and the emerging DT (Data Technology) era, shifting focus from merely acquiring consumer traffic to enhancing B2B supply methods [4][5] - The integration of AI allows companies to leverage their existing assets from the IT era, facilitating a balance in supply and demand, and opening new growth avenues [5][9] Group 2: Addressing Industry Challenges - The "Internet+" model faced difficulties due to its binary structure, which failed to achieve true integration of digital and physical realms, leading to supply-demand imbalances [6][8] - AI's maturity enables solutions to previously insurmountable industry challenges, enhancing efficiency in sectors like e-commerce through improved consumer-business interactions [8][9] Group 3: Unlocking New Opportunities - The concept of industrial internet is emerging as a more complex and promising landscape compared to consumer internet, with AI providing the necessary tools for effective industry transformation [7][8] - AI is identified as the key to unlocking the potential of the industrial internet, making it a viable and growth-oriented domain for companies [8][9]

Core Insights - JD Industrial is set to go public, aiming to reshape the MRO procurement market with a digital platform, achieving a transaction volume of 26.1 billion yuan in 2023 and turning a profit [1][3][4] - The IPO will issue 211 million shares, priced between 12.7 to 15.5 HKD, with trading expected to start on December 11 [1][4] - JD Industrial has achieved a compound annual growth rate of 22.5% in transaction volume from 17.4 billion yuan in 2021 to 26.1 billion yuan in 2023, significantly outpacing its competitors [3][4] Business Model - JD Industrial has established a three-tiered business model: the base layer consists of self-operated platforms, the middle layer connects upstream and downstream supply chains, and the top layer features an AI-driven decision-making system [4] - The company reported a net profit of 4.799 million yuan in 2023, indicating the viability of its business model [4] - The IPO is expected to raise over 3.2 billion HKD, which will be used to upgrade supply chain infrastructure, expand customer base, and enhance technological capabilities [4] Market Position - JD Industrial holds a dominant position in the Chinese MRO procurement market, with its transaction volume being twice that of its nearest competitor [3][4] - The company is leveraging its experience in the consumer market to replicate success in the B2B sector, focusing on digital transformation of the industrial supply chain [3][5] - The listing of JD Industrial signifies a critical phase in JD's B2B strategy, marking a shift towards industrial internet services [4][5]

Core Viewpoint - JD Industrial has successfully passed the listing hearing, marking it as the sixth company under the JD Group, following JD.com, JD Health, JD Logistics, Dada Group, and Wanwu Xingsheng [1] Group 1: Financial Performance - JD Industrial reported a revenue of 14.135 billion in 2022 with a loss of 1.269 billion, but turned a profit of 4.8 million in 2023, and is projected to achieve a revenue of 20.398 billion and a net profit of 7.62 billion in 2024 [9] - The turnaround from a loss of 1.2 billion to a profit of 7.6 billion is notable in the industrial e-commerce sector [11] Group 2: Business Model - The core business model of JD Industrial is based on a "platform + self-operated + logistics" strategy, with self-operated revenue accounting for 94% in 2024 [11] - JD Industrial operates eight warehousing and distribution centers across China, enabling next-day delivery for MRO products [13] - The company has developed a digital procurement system called "Taipu," which has helped clients reduce inventory costs by 15%-20% [16] Group 3: Market Context - The MRO market in China is projected to reach 2.8 trillion in 2024, with a digital penetration rate of less than 10%, indicating significant growth potential [20] - JD Industrial's approach differs from competitors like Alibaba's 1688 and Zhenkunhang, combining self-operated and platform elements to maintain quality and efficiency [18] Group 4: Challenges and Future Plans - JD Industrial relies heavily on the JD Group, with 39.7% of its revenue coming from it in 2024, raising concerns about its independence [24] - The gross margin for JD Industrial is 18.6%, significantly lower than international competitors like Guden, which achieves 39.36% [27] - Future growth strategies include offering SaaS procurement management tools to SMEs and expanding into Southeast Asia by 2026 [35]

图片来源网络 11月23日，港交所官网更新的文件显示，京东工业已经顺利通过上市聆讯，这意味着它距离港股挂牌就差最后一步了。根据最新消 息，这次 IPO 由美银美林、高盛、海通国际和瑞银四大巨头联手担任联席保荐人，计划12月正式挂牌，预计募集资金 5-6 亿美元。 这次京东工业的股东名单里有中东资本阿布扎比投资基金这些 "大佬"，上市后能进一步打通国际融资渠道，为刘强东的国际化战略 铺路。毕竟工业供应链是全球化业务，有了国际资本的支持，京东工业拓展海外市场会更顺风顺水。 图片来源网络 中国工业供应链市场规模已经达到 11.4 万亿元，但数字化渗透率才 6.2%，远低于消费领域，未来增长空间巨大。京东工业的上 市，相当于向市场证明了京东 ToB 战略的可行性，也能借助资本市场的资源，巩固自己在工业数字化赛道的龙头地位，毕竟现在竞 图片来源网络 争对手也不少，早上市就能早拿到资金优势。 京东工业成立于 2017 年，前身是京东的企业业务板块，主要做工业供应链技术与服务，简单说就是帮企业解决 MRO（维护、维 修、运营）采购和数字化供应链的问题。按 2024 年交易额算，规模快赶上第二名的三倍，还服务了 60% 的中 ...

Group 1 - The conference "Smart Chain, Win-Win" organized by Grain Reach Network aimed to promote collaboration and value co-creation in the agricultural and grain industry, focusing on digital transformation and industry trends [1] - The event gathered over 300 participants, including top experts, representatives from leading companies, and technical professionals, supported by major industry associations [1] - The conference addressed key topics such as internet development in the grain industry, AI applications, and efficient transportation, emphasizing new pathways for digital transformation in agriculture [1] Group 2 - China's grain industry has established a solid foundation with a grain output reaching 1.4 trillion jin, providing crucial support for stable economic operations [2] - The industry faces challenges such as insufficient resilience and the need for improved collaborative efficiency amid evolving supply and demand structures [2] - Grain Reach Network, as a one-stop service platform for bulk grain trading, offers a comprehensive service system that includes online trading, electronic signatures, financial services, logistics, and market information to address pain points in the grain supply chain [2] - The company aims to leverage its advantages as a central enterprise to build a digital agricultural ecosystem, promoting innovation and integration across the supply chain [2]

11月19日，港股公司汇通达网络（09878.HK）发布公告称，解聘副总裁及董事会秘书倪娟。解聘理由一是倪娟隐瞒了在证监会新疆监管局及上海证券交易 所的违规记录，二是倪娟任职期间未达成绩效目标。 随后，11月20日凌晨，倪娟向媒体发布书面署名声明，反驳汇通达网络说法，称自身无隐瞒且绩效合格，并指汇通达网络单方面修改考核指标设置障碍。目 前倪娟已向南京市玄武区人民法院提起诉讼。 从过往履历来看，倪娟曾是资本市场的"金牌"董秘。 2012-2023年，倪娟担任广汇能源董事、副总经理及董事会秘书，长期负责资本市场与投资者关系工作。2021年，她获评新浪财经第七届"金麒麟·金牌董 秘"，2022年，以广汇能源董秘、副总经理身份在多场论坛发言。2023年7月，倪娟正式加入汇通达网络，出任副总裁及董事会秘书，负责公司治理、资本市 场沟通。 公开资料显示，汇通达网络是中国领先的利用数字化技术和供应链能力赋能服务乡镇夫妻店的产业互联网公司，2022年2月18日在香港联交所主板上市。 财务方面，2025年上半年，汇通达网络收入为243.42亿元；经营利润为3.56亿元，同比增长15.9%；归母净利润为1.39亿元，同比增长10 ...