Jinggong Holding Group Co., Ltd. (Shaoxing, China; www.jsjggj.com), a Chinese industrial conglomerate, and Yokogawa Electric Corporation (Tokyo, Japan, www.yokogawa.com), a leader in industrial control and automation, announce that they have signed a strategic partnership agreement to explore the possibility of new business development and market expansion through collaboration in manufacturing optimization, energy management, and other fields.
Through the partnership, the two companies will assess opportunities for optimizing operations at Jinggong Group’s chemical recycling, high-performance fiber, and other plants by introducing AI autonomous control and other Yokogawa automation solutions. The agreement also includes the development of energy management systems for electrical power and other energy supply networks. Looking forward, the companies will consider rolling out the co-developed manufacturing technologies to other regions outside China.
As a specific project, Jinggong Technology, a subsidiary of Jinggong Group, and Yokogawa have signed a cooperation agreement for the joint development of an intelligent control system that leverages AI and other technologies for high-performance fiber production lines. This marks a substantial phase in their collaborative relationship in the fields of smart manufacturing and digital intelligence.
Sun Guo-Jun, CEO of Jinggong Group stated, “For many years, Jinggong Group has been dedicated to promoting industrial development through technological innovation in various fields such as chemical recycling, high-performance fiber, and other plants, achieving groundbreaking results. The collaboration with Yokogawa will maximize the accumulation of both companies’ strengths and synergistic innovations, supporting the enhancement and upgrade of high-end manufacturing quality. We are confident that this partnership will promote the industry’s development towards higher efficiency, environmental friendliness, and sustainability.”
Nobuyoshi Miyasaka, a vice president, executive officer, and head of Marketing Headquarters at Yokogawa, added, “We are excited to work with Jinggong Group as their technology and rapidly growing business fields strongly align with Yokogawa’s own sustainability goals regarding resource recycling and decarbonization. We look forward to collaborating closely on solutions that will make operations more efficient and autonomous.”
Jinggong Group is one of China’s top 500 industrial conglomerates, with a rich history spanning several decades. The company specializes in various fields including steel structure buildings, high-end integrated equipment, recycled fibers, new green building materials, health foods, and health care products.
Yokogawa provides advanced solutions in the areas of measurement, control, and information to customers across a broad range of industries, including energy, chemicals, materials, pharmaceuticals and food.