Guiyang Industrial Investment Co achieves digital transformation

The facade of the headquarters of Guiyang Industrial Investment Co in Guiyang, capital of Southwest China's Guizhou province. [Photo/Guiyang Daily]

In recent years, State-owned Guiyang Industrial Investment Co has supported its subsidiary manufacturing companies – Guiyang Xianfeng, Guizhou Tyre, and Guiyang Yongqing Intelligent Control – in carrying out intelligent upgrading and digital transformation in all aspects of R&D, design, production, and management.

Guiyang Industrial Investment has driven the deep integration of digital technologies such as big data, artificial intelligence, cloud computing, and 5G with traditional industries. Smart equipment and cloud platforms, including industrial robots, intelligent logistics, and the industrial internet, have been implemented, resulting in the creation of multiple smart factories.

Workers use intelligent equipment in a tire factory in Guizhou Tyre. [Photo/Guiyang Daily]

In 2023, the company reported revenue of 15 billion yuan ($2.1 billion) and a total profit of 1.02 billion yuan, showing steady growth.

Founded in 1958, Guiyang Xianfeng produced China's first roll grinder and first Computer Numerical Control (CNC) roll grinder, which have been widely used in industries such as shipbuilding, automotive parts, and paper manufacturing, while also being exported worldwide.

However, as the grinder industry advanced toward higher precision and intelligence, Guiyang Xianfeng faced challenges due to loss of equipment precision and low levels of automation, which negatively impacted the company's performance.

Since 2020, Guiyang Xianfeng has been advancing the construction of a digital factory for high-end CNC grinding equipment, enhancing the informatization of manufacturing process management and realizing the interconnection of manufacturing and management data.

Intelligent grinding machines are manufactured by Guiyang Xianfeng. [Photo/Guiyang Daily]

Following its intelligent upgrade, Guiyang Xianfeng has significantly increased production efficiency, with a substantial rise in the output of its main products, including roll grinders and centerless grinders.

Guiyang Xianfeng has developed a CNC system, which has been applied to its CNC roll grinder products. The company has received orders from foreign clients and has been recognized as a high-tech enterprise in Guizhou province.