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SAIC-GM-Wuling became the first national blockchain innovation application pilot unit in the automotive industry

On January 30, the Central Cyberspace Administration and 16 other departments jointly announced the national blockchain innovation application pilot list, and SAIC-GM-Wuling was selected as the only enterprise in the automotive industry. This selection fully affirms the useful exploration of enterprises in the use of blockchain innovation.

SAIC-GM-Wuling became the first national blockchain innovation application pilot unit in the automotive industry

(Sixteen departments, including the Central Cyberspace Administration, jointly announced the list of national blockchain innovation and application pilots)

In 2021, THE ANNUAL SALES OF SAIC-GM-WULING EXCEEDED 1.76 MILLION UNITS, RANKING FIRST IN SALES OF SINGLE CAR COMPANIES OF NATIONAL BRANDS. Behind the sales results is the joint efforts of nearly 900 suppliers and logistics providers to achieve a daily transaction volume of hundreds of millions of yuan and a trading volume of more than 6 million pieces of parts. Huge supply chain transactions generate transaction documents at an average rate of 4 per second, and the huge amount of documents and data poses a huge challenge to the traditional document management methods based on manual labor. In addition to the difficulty of complex document management, in the upstream and downstream enterprises of the supply chain, the situation of data non-interoperability is also very common, and the process of material handover has to rely on the handover of paper documents and subsequent accounting work, which wastes labor while duplication of work, but also produces a large number of disputes due to the inability to distinguish signatures.

SAIC-GM-Wuling became the first national blockchain innovation application pilot unit in the automotive industry

(SAIC-GM-Wuling adjuster is sorting out documents)

In order to improve the management efficiency and quality of the industrial chain, since 2018, a group of Wuling people represented by the logistics innovation studio have begun to explore the possibility of arming the industrial chain with new technologies. In February 2021, saicel-GM-Wuling completely independently developed the Lingxi Zhixiang Cloud Project, which is based on open source components and shows a relatively large advantage in overcoming bottlenecks such as cost and technology. The application of blockchain technology has been well received by supply chain partners, Lan Xuqiu, director of warehouses at LIUzhou Shuanglin Company, a supplier of SAIC-GM-Wuling, said, "After the relevant technology landed in January, it was possible to save two hours a day just by reconciling with the main engine factory, which was very efficient." Benefiting from the application of blockchain technology, information means such as "on-chain signing" and "on-chain depository" have been implemented, and material information entry can also be achieved through scanning. "The accuracy and speed of information entry have been greatly improved." Liu Haiying, manager of Ruize Logistics, also spoke highly of the practical application of blockchain technology.

SAIC-GM-Wuling became the first national blockchain innovation application pilot unit in the automotive industry

(Lingling enjoy APP operation interface, material information is clearly visible)

The promotion and application of blockchain technology will save SAIC-GM-Wuling costs of 16 million yuan and the consumption of 10 million pieces of paper every year, and improve the efficiency of supply chain management by up to 80% while further achieving the goal of low-carbon environmental protection, providing useful experience and cases for the deep integration and development of informatization and industrialization. In the future, the application of SAIC-GM-Wuling blockchain technology represented by Lingxi Zhixiang Cloud will also expand to the settlement services of vehicles and accessories, as well as the fields of supply chain finance and electronic contract management, further arm SAIC-GM-Wuling with advanced technology, practice its responsibilities as a pilot unit for blockchain characteristic applications with practical actions, and contribute to the digital transformation of China's industry.

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