On April 23, Mr. Sun Deliang, chairman of Zhejiang Netsun Business Treasure Co., Ltd., was invited to attend the “Industrial Supply Chain Boosting Double Cycle” hosted by Zhejiang International Trade Group – the theme of the fifth phase of Zhejiang International Trade Group Double Cycle Alliance summit.
At the meeting, Sun Deliang shared a keynote speech on “Industrial Internet and Industrial Supply Chain”. As an “Internet veteran”, Sun Deliang first shared his entrepreneurial story. In 1997, when he was only 25 years old, he borrowed 20,000 yuan in start-up funds from his hometown, and started his business with the dream of earning 30,000 yuan a year in Hangzhou. He created an e-commerce website for the chemical industry – ChinaChemNet. Unexpectedly, 9 years later, on December 15, 2006, it successfully completed the stock listing in Shenzhen, becoming the first Internet company in China to issue stocks in the A-share market.
After listing, Netsun Business Treasure has focused on the industrial Internet field. After nearly 15 years of exploration and development, it has created the “Industry Network + Alliance” B2B e-commerce platform Tooth Treasure, commodity data platform Sunesy, and Netsun Raw material trading center and information promotion system, raw material trading system and supply chain financial system.
But since its listing, Sun Deliang has been thinking: Can the Internet change the business and business operations? He mentioned that there are currently two “jianghu” in the Internet, the consumer Internet and the industrial Internet. The past 20 years have been the era of the consumer Internet, and its development has come to an end, while the industrial Internet has not yet ushered in real changes.
Sun Deliang elaborated on industrial digitalization from three aspects: industrial Internet, industrial Internet, and management informatization. The Industrial Internet helps manufacturing companies complete the informatization of production, while management informatization is actually an informatization of internal management or business processes. For the industrial Internet, it is the field that can truly achieve great companies. The Industrial Internet actually refers to the circulation of goods between enterprises. How does the industrial Internet platform achieve a new model and a new format? He believes that not only a two-party platform but also a three-party platform can be made. In addition to connecting companies in all chains in the world, he emphasized that the development of the industrial Internet cannot be separated from the blessing of supply chain finance.
As for the introduction of the industrial supply chain, he believes that the industrial supply chain is a platform for enterprises in the industrial cluster to provide supply chain services, including trade, finance, logistics, warehousing, etc. In order to facilitate everyone’s understanding, Sun Deliang introduced the cooperation cases between Netsun Business Treasure and Hangzhou Iron and Steel Group, Provincial Mechanical and Electrical and other large state-owned enterprises. Build an industrial Internet platform for it, and at the same time graft supply chain finance to solve the liquidity problem of downstream terminals and processing plants.
Finally, Sun Deliang said that the current consumer Internet has changed the way of life of Chinese people, and the industrial Internet will definitely change the way Chinese companies operate: platformization + financialization = industrial Internet.
Zhejiang International Trade Group is a provincial enterprise. It was established in 2008 by the merger of the former Rongda Group, Zhongda Group, and Dongfang Group. It is mainly engaged in three major industries: business circulation, financial services, and life and health. The Yu family holds four listed companies including Zhejiang Dongfang (SH600120), Intel Group (SZ000411), Conba (SH600572), and Yilida (SZ002686), with more than 20,000 employees and nearly 30,000 employees. As of 2021, the group achieved operating income of 84.27 billion yuan, an increase of 17.2%, and a total profit of 6.02 billion yuan, an increase of 66.8%. The total assets at the end of the year were 143.44 billion yuan, an increase of 10.6% from the beginning of the year, and the net assets were 43.35 billion yuan, an increase of 6.6% from the beginning of the year . The group ranks 269th among the top 500 Chinese enterprises.
Netsun Business Treasure was established in 1997. In December of the same year, it established the industrial Internet platform for the chemical industry — ChinaChemNet, which opened the way for the development of China’s e-commerce, and successfully landed in the A-share market in 2006 (stock Code: 002095). After going public, the company focused on the industrial Internet field. After nearly 17 years of exploration and development, it has built a B2B e-commerce platform Toocle, a commodity data platform, Wangsun raw material trading center and mall trading system, Industrial Internet infrastructure such as raw material trading system and supply chain financial system.
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