"Digital Empowerment, Create the Future Together"

 

On April 1, 2023, the ITES Shenzhen Industrial Expo and Alibaba 1688 Industrial Procurement

Festival, themed "Empowering Digitization, Creating the Future," successfully concluded at

the Shenzhen International Convention and Exhibition Center (Bao'an). It was a grand event

that delved deep into the industrial opportunities arising from China's rapid development and

profound demand.

 

 

This exhibition adopted an innovative display model of "online digital platforms + offline

professional exhibitions" and attracted a total of 1,295 exhibitors. It showcased the close

connection between manufacturers and buyers, further promoting the industry's development.

The exhibition also facilitated extensive dialogues among industry professionals and researchers,

injecting new vitality into the industry's advancement.

 

 

The Alibaba 1688 Industrial Procurement Festival serves as a reliable platform between

manufacturing enterprises and buyers, providing abundant business opportunities for small

and medium-sized enterprises and assisting them in achieving industrial upgrades. The festival,

planned for 2023, aims to deliver genuine customer value through trends leading, professional

matching, and holistic marketing approaches. The exhibition encompassed numerous leading

companies from various industries, showcasing over 100 cutting-edge technologies and products,

thereby promoting the integration of industry resources.

 

 

HCFIM as a leading global provider of electronic research and development smart

manufacturing services for small and medium batch quantities, had the privilege to

participate in this exhibition and was invited by Alibaba 1688 to join the Industrial Trends

Conference. They shared their insights and valuable experiences in the PCBA industry.

 

During the conference, Huachen's presentation focused on the theme of "Digitally

Disruptive Upgrades in the Electronic Industry." They discussed the overview and future

opportunities of the electronic industry, the empowering opportunities provided by

Alibaba's industrial platform, and the digital disruption in electronic research and

development and smart manufacturing. Through a digital showcase, HCFIM highlighted

the vast market and potential of the electronic industry, as well as the current challenge

of mismatched supply and demand. Drawing from their own development experience,

they proposed that a digital ecosystem is an effective solution to address the extreme

supply-demand mismatch in the current electronic industry.

 

 

HCFIM has achieved impressive results on the Alibaba 1688 platform, starting from scratch

and acquiring 500 monthly customers in just six months. These customers include not only

Fortune 500 companies but also leading players in various industries. The successful

collaborations with these high-quality, high-demand, and highly compatible customers have

relied on HCFIM's continuous online and offline digital operations. This fact highlights the

importance of a digital ecosystem and brings new opportunities and insights to industry

professionals and researchers.

 

After the forum sharing, HCFIM also gained significant insights into the challenges and

opportunities faced by different industries in the industrial sector from both upstream and

downstream companies and peers who shared their experiences at the forum. This has

proven to be a valuable learning experience for HCFIM.

 

 

In addition, this event aimed to explore the resources of the industry product chain and the

development trends of Chinese industries, while supporting the industry's growth in the

context of the rise of new consumption. During the opening ceremony on March 29, the Alibaba

1688 Industrial Procurement Festival unveiled the "Industrial Product Chain Opportunities" based

on platform data, which included upstream and downstream industrial chains, user data, market

data, and category data. This "Industrial Product Chain Opportunities" sought personalized

innovation through comprehensive analysis of the supply side, helping various industries

discover opportunities.

 

The successful hosting of this exhibition and procurement festival not only provided companies

with a platform to showcase their strengths and foster deep cooperation but also injected new

energy into the industry's development. It laid a solid foundation for digital empowerment and

co-creating the future.

 

 

Digital empowerment is the core theme of this exhibition and also the current direction of

development in the industrial sector. Through the application of digital technologies, the

manufacturing industry can achieve intelligent production lines, improve production efficiency,

and realize comprehensive digitization of the supply chain, enhancing resource utilization

efficiency and response speed. Furthermore, the application of digital technologies can create

new business models and services, bringing new development opportunities to the industry.

 

HCFIM has recognized the wave of digitization in the electronic industry and will continue to

embrace the path of digitization, contributing to improving industry efficiency and addressing

customer needs.

 

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