The Global Summit on Market Innovation and Development, hosted by CHINT, China’s leading smart energy solution provider, held in Wenzhou from 09-11 September, focused on “Global Energy, Smart Interconnection”. The event aimed to explore the challenges and opportunities facing the energy sector while providing a platform for the demonstration of new and innovative products.
The event attracted scholars from academic institutions, industry experts and leading players from over 140 countries and regions, as well as CHINT’s business partners across the globe. Participants gathered to discuss and share expertise on industry trends and critical issues. Highlighted discussions include the keynote speeches on CHINT’s innovative milestones in the Industry 4.0 era, energy storage & solar, smart grid, smart meter as well as low voltage apparatus fields.
A bellwether in smart energy solutions, CHINT has rolled out a range of smart and autonomous systems, solutions and products fueled by data and machine learning. The CHINT Cloud Center adopts cloud computing to offer data services for manufacturing and industrial management. In Energy Internet of Things and Industrial Internet of Things, CHINT has produced solutions and systems to drive transformation and growth.
Zhu Xinmin, President of CHINT Group made an opening address at the Summit. 35 years’ entrepreneurship, CHINT adheres to develop the main industry, keep innovation and take "electricity" as the theme. From low voltage components to high voltage power transmission and distribution, CHINT provides cut-end products and green power energy in more than 140 countries and regions in the fields of smart electric, green energy, intelligent home, industrial control and automation to provide products and services.
With the coming of smart intelligent energy era, clean production and efficient utilization of energy will make human life better. Looking forward to the future, CHINT will build a regional intelligent energy integrated operation and management ecosystem centering on "supply, storage, transmission, distribution and consumption". CHINT will deepen cooperation between CHINT and global customers to provide a package of energy solutions for public institutions, industrial & commercial users and end users.
Talking about global solar policy roadmap & CHINT Solar achievements, Lu Chuan, President of CHINT Solar pointed out that in the field of new energy today, the world's solar industry will pay more attention to China. Domestic photovoltaic industry chain advantage has been developed by leaps and bounds. With the advent of the era of photovoltaic market parity, more innovative commercial applications are derived. Driven by industrial chain integration advantages, technological advantages and other factors, CHINT Solar has maintained continuous growth of new energy business for many years, and coordinated development of ground power stations, industrial and commercial distribution, household distribution and other modes. CHINT Solar also actively explores various business cooperation modes such as self-maintained power station mode, EPC mode, BT mode and subcontracting or equipment sales, so as to provide diversified options for global customers.
Wang Jin, VP of CHINT Electric shared the theme on Exploration & Application on Smart Grid Technology. From the edge of the Internet of things to the ubiquitous Internet of Things in Electricity proposed by the State Grid, power system technology is evolving continuously. Relying on the full range, high reliability, intelligent, professional and environmental protection and energy saving transmission and distribution product solutions and innovative technologies, CHINT fully meets the needs of petroleum and petrochemical, photovoltaic wind power, data center, construction, communication, rail transit and other industry customers for transmission and distribution equipment.
With the development of global smart grid and the promotion of digital power wave, smart metering has become a global development trend, and metering business has changed from the previous single equipment bidding to the overall solution of multiple products including electricity meter, communication, system, etc., and the project cycle and operation rules have changed accordingly. Centering on the topic of "Global developments and opportunities on smart metering", Wang Hengpu, deputy general manager of CHINT Meter elaborated the development trend of global smart meter market and technology, as well as CHINT's experience in smart meter project and a series of competitive products and solutions.
Lily Zhang, VP of CHINT Electrics delivered a speech on the topic of Partnership-driven, Business Thriving. She mentioned that CHINT are stepping the way to win in an age of uncertainty. We not only survived but made remarkable progress during each crisis, and made CHINT more international step by step. During the two years since the 7th CIMF, we made more geographic expansion, more sales from projects, more solutions & applications and took more social responsibility. Based on the business strategies of globalization, localization, M&A, market oriented and technical driven, we’re committed to realize sustainable development through continuous improvement.
Nan Cunhui, Chairman of CHINT Group made a concluded speech. As for the steady growth of overseas businesses, he pointed out that helping customers succeed is the most essential logic of business. CHINT will adhere to the market orientation and customer-centric to create value for global customers by establishing an "end-to-end" rapid response mechanism. Meanwhile, CHINT will persist in reform and innovation, break through path dependence, innovate marketing mode and optimize business pattern. We will vigorously promote new products, technologies and models, such as industrial automation and intelligent manufacturing, power equipment and micro-grid construction, smart buildings and smart homes, energy and energy efficiency solutions. Together with global partners, we will build a win-win mechanism and a community of shared future.
The Summit also set up four product and solution streams to carry out in-depth analysis on smart LV panel solution based on energy management, renewable and ESS opportunities and profit models, sub-metering solutions as well as RCD technology & trend. All these sessions help the global business partners deeply understand CHINT's products and technological innovation, that will present all-round and intelligent solution of multi-industry integration for global business.
Apart from the strategical and technical exchange, the Summit also be filled with series activities. Every meeting across-culture between CHINT and its global business partners is both the collision of ideas and physical & mental practice. On the occasion of CHINT's 35-year entrepreneurship, we returned to Wenzhou with the Summit, which will bring different experiences to our global business partners. In addition to intensive product solutions, technological innovation and industry trend sharing, the Summit also invites the partners to experience the tradition and essence of Wenzhou commercial culture, which is nurturing the growth of CHINT and strongly affecting CHINT culture gene, in Nan Huai-chin Academy.
In Yueqing city, CHINT also invites participants to inspect the Yueqing 150 MW Agriculture - PV Complementary Photovoltaic Power Generation Project, which provides an annual average of 140 million kWh of clean electricity. In CHINT Wenzhou Industrial Park, there is intelligent manufacturing and production lines. We can feel the power of "China Smart Manufacturing" at a close distance.
After two-day feature activities and theme conference, CHINT global business partners were invited to CHINT Intelligent Electric Northwest Industrial Park in Xianyang. There, customers can go deep into the production and manufacturing base of electrical equipment, and witness the speed and determination of CHINT, which positively lays out the globalization and intelligence.
Experiencing 35 years’ entrepreneurship and innovation, from a components manufacturer to a solution provider, CHINT has been committed to continuously providing value-added services to customers. The global development layout has experienced the continuous upgrading from product output to service output, and then to investment and mergers & acquisitions, deepening the participation of global value chain in an all-round way. At present, CHINT has established 3 major global R&D centers in North America, Europe and Asia Pacific, 5 international marketing areas and 14 international subsidiaries, providing reliable products and services for more than 140 countries and regions, and developing cooperation with 80% countries along the Belt and Road.
CHINT gives full play to its strong industry benchmarking position, strong technological innovation ability, excellent brand advantages and its own complete industrial chain to gradually realize transformation in low-voltage electrical system solution supplier. It also grasps the opportunities of new energy development and electric power system reform to achieve leapfrog development to the world's leading supplier of smart energy solutions.