On Dec 16 2017, we held a mobilization meeting to launch our U8ERP program. Our high level management, heads of each department, technical personnel in charge of ERP, and a technical advisor from the system supplier took part in the meeting.
We’ve been dedicated to the construction of information technology projects that integrate information technology and industrialization since 2003, and were certified in 2011 as a pilot enterprise for integration of information technology and industrialization of Jiangsu. Being the first to implement information technology in this industry we became a role model setting an example for others.
The ERP program builds a network that connects our sales, production, purchasing, design and financial department and reflects exactly and in a timely manner our stock of both finished products and raw materials. It lowers effectively our stock of products, and improves our turnover rate of capital.
As our products become progressively diversified, oil/gas fired boilers, biomass boilers, waste heat boilers and customized products have accounted for an ever-increasing percentage in our product mix. Our original ERP system has failed to keep in pace with our development. As a result, we introduce in a timely manner the brand new U8ERP system. This system would help us build an information technology based management platform that suits our operation, and improve further our overall management level on the basis of the existing information technology.
We believe our management would reach a higher level with the introduction of the U8ERP system and joint efforts of our staff.