The ＂14th Five-Year Plan＂ for Digital Economy was issued, and Qi Xin Group’s government and enterprise services boosted industrial digitalization.

On January 12th, the State Council issued the "14th Five-Year Plan for the Development of Digital Economy" (hereinafter referred to as the "Plan"), which defined the development direction of digital economy in the next five years. The "Planning" proposes that by 2025, the digital economy will move towards a comprehensive expansion period, and the added value of the core industries of the digital economy will account for 10% of GDP, and the competitiveness and influence of China’s digital economy will increase steadily.

The Plan makes overall arrangements for the development of digital economy from all aspects, including optimizing and upgrading digital infrastructure, vigorously promoting industrial digital transformation, accelerating digital industrialization, continuously improving the digital level of public services, and improving the digital economy governance system. With the digital economy entering the national policy dividend period, digital infrastructure and digital service-related industries, such as Internet communication, software and information services, and e-commerce that support and serve the industrial transformation, will usher in rare development opportunities, and the platform for digital services of government and enterprises and related enterprises have great development potential.

The digitalization of the industry is speeding up, and the enterprise service platform is accumulating.

According to the 2021 Industrial Internet Development Report of Billion Think Tank, the main battlefield of China’s industrial digitalization is the industrial chain supply chain, and the digitalization of procurement supply chain has become an important starting point for the digital transformation of government and enterprises. Billion think tank "Digital Procurement Development Report 2021" points out that in 2020, the procurement market of non-productive materials such as office supplies, MRO, production accessories and employee benefits in China will reach 10 trillion, and many professional service providers in vertical fields will grow into new forces in digital procurement track. Qi Xin Group, which has been deeply involved in government and enterprise services for 30 years, is one of the representative enterprises.

Qi Xin Group is a leading enterprise in B2B office materials service and SaaS cloud video in China. As early as 2013, Qi Xin Group joined hands with IBM to launch the SAP system, first launched the digital transformation of the bureau, and gradually built an integrated digital platform with business characteristics. Under the background of the development of "sunshine procurement", Qi Xin Group has developed an online centralized procurement mode for office administrative materials, industrial products, enterprise welfare, marketing materials and other materials, and has helped many government and enterprise digital procurement reforms with the comprehensive capabilities of digital platform, commodity supply chain and warehousing delivery.

Driven by the digital economy and the epidemic, the cloud video industry has developed rapidly. Haoshitong, a brand of cloud video conferencing under Qi Xin Group, is one of the early enterprises that entered the cloud video conferencing industry in China. It has accumulated more than 200 intellectual property rights and technologies such as large concurrency and stable QOS transmission technology, and is a rare manufacturer with "AVC and SVC mixed dual engines" in the industry. In recent years, Haoshitong has also introduced the industry-leading cloud video core technologies with completely independent intellectual property rights, such as Super SVC, Nightingale and Linxi algorithm, and created a fully localized one-stop solution, gradually forming a competitive barrier for the development of cloud video segmentation business, which can provide perfect protection for the information construction of various industries.

"B2B+ Cloud Video" develops synergistically, and Qi Xin Group helps digital transformation of key industries.

According to the third quarterly report of Qi Xin Group in 2021, Qi Xin Group achieved an operating income of 6.843 billion yuan from January to September 2021, a year-on-year increase of 12.27%. Under the change of market environment, Qi Xin Group firmly develops its digital business, focusing on B2B and cloud video services, and its overall operation maintains steady development.

In 2021, Qi Xin Group won the bid for major contract customers and its business reserves continued to increase, winning the bid for important projects such as State Grid, China Agricultural Bank multi-provincial branches, China Post multi-provincial branches, China Hangfa, China Huadian Group, China Tobacco Heilongjiang Company and Shaanxi Yanchang Petroleum Materials Group. The order scale of the company’s reserve has grown steadily, and the proportion of B2B large customers such as energy industry, financial industry, political mining industry and other industries continues to lead. The customers of several major industries that Qi Xin Group focuses on are the seven key industries such as industry, commerce, finance and energy mentioned in the Plan to comprehensively deepen digital transformation.

As the head enterprise of SaaS cloud video industry, Haoshitong also accelerated its layout in 2021. In terms of hardware, Haoshitong released a brand-new PaaS video cloud platform, PX800 intelligent cloud video all-in-one machine, X6 "Zhihui" large-screen terminal and other new products to meet the needs of different scenarios. Through the capabilities of video cloud platform and intelligent terminal full-scene scheme, and the audio and video core technical capabilities of independent intellectual property rights, Haoshitong, as an audio and video technology provider, helped the Guangdong Provincial People’s Government to build a Guangdong video conference platform, and accumulated rich experience in digital government construction. This year, Haoshitong also received tens of millions of strategic financing from Gejin No.3 Equity Investment Fund, a self-management fund of Gree Gold Investment under Gree Group.

From years of deep cultivation to deep layout, the integration effect of Qi Xin Group’s enterprise service platform has been highlighted, and the enterprise-level multi-scenario service capability has been further improved. Under the tide of digital economy, enterprise digitalization has been raised to the height of national strategy, and it is necessary for enterprises to access digital ecology by platform. At present, there is no real giant on the track focused by Qi Xin Group. As a bridge between enterprises and digital supply chain, Qi Xin digital multi-scene operation and maintenance material service platform has great imagination for future development.

It is understood that in 2021, Qi Xin Group officially released a five-year strategy, which will build two "brand moats" with the enterprise service platform as the core–establishing core competition barriers through brand new stationery and brand cloud video; At the same time, relying on the high value-added commodity supply chain system and the continuously upgraded digital platform base, we will escort the new strategic goals. One of its strategic goals is to become the first in digital procurement and service of government and enterprises in China within five years.

Source: Consumer Daily Network