SUPCON is gaining momentum with new projects in Saudi Arabia and the Gulf region

2023-07-05 02:39:31

HANGZHOU, China, April 1, 2019 /PRNewswire/ — SUPCON (688777.SH, SUPCON.SW), a pioneer in process automation and digital transformation in China, has announced a series of project awards in Saudi Arabia and the Gulf region. The company was initially awarded the Workforce & Assets Tracking Solution Project by International Maritime Industries (IMI), the largest full-service shipyard in the MENA region operated by Aramco, Bahri, Lamprell and HHI, and the “Instrumentation Contract” by Kuwait Oil Company (KOC) and the “Smart Safety & Site Monitoring Solution” by Aramco Academy Construction Projects.

These recently won tenders show that SUPCON is able to offer a wide range of solutions ranging from instrumentation, automation and information to management solutions at the highest level. The company has advanced its expansion into the Gulf region with ambitious plans and preparations, capitalizing on the increasingly closer economic ties between China and Saudi Arabia, particularly in the context of the New Silk Road and Vision 2023.

Last week, Alhumam Emad Abdulaziz A, SVP of IMI Corporate Services, and Alangari Salem Abdulaziz M, VP of IMI Digitalization & Innovation, visited the SUPCON headquarters in Hangzhou, China for an in-depth exchange on smart shipyard solutions. Earlier this month, a delegation from Saudi Cloud Computing Company (SCCC), led by CEO Talal Abdulaziz Albakr, visited SUPCON headquarters to discuss cloud solutions for vertical industries. The visit followed a week-long stay by Nayef AlOtaibi, Aramco Vice President of Digital Transformation & Chief Digital Officer, and his expert delegation. These visits ushered in a new era of SUPCON’s partnership with key players in Saudi Arabia and the Gulf region.

SUPCON has established a leading position in the process automation and digital transformation market in China with its top-of-the-line products such as the Distributed Control System (DCS), the Safety Instrumented System (SIS) and the Manufacturing Executive System (MES). In order to consolidate the market leadership, SUPCON launches the “Customer Value Creation Model 1 3 5” campaign, which includes 1st one-stop industrial services, 3 product technology platforms and 5T technology. The company’s strong financial performance in 2022 bears witness to the success of this strategy. According to the already released 2022 Annual Report, SUPCON achieved an operating income of RMB 6.621 billion, an increase of 46.50% year-on-year.

Remarks:

In 2022, SUPCON launched the “Customer Value Creation Model 1·3·5” campaign. 1. One-stop industrial services are provided through 5S branches (spare parts, specialists, solutions, service, sales) near the industrial clusters to provide comprehensive services accessible at any time The 3 product technology platforms include the new generation Intelligent Operation & Management Control System (i-OMC) that enables intelligent autonomous operation, the Industrial Operating System with a secure data storage and an open APP ecosystem, and the Advanced Process Engineering eXpert (APEX) platform for fast and precise simulation and modeling of complex processes.5T technology stands for the integration of 5 key technologies, including automation technology, information technology, process technology, operation technology and plant technology, which aims to solve the open problems in the process industry to solve.