Research On The Path And Influence Of Digital Transformation Of High-End Equipment Manufacturing Industry

Manufacturing is an important pillar of China’s national economy.According to the China Statistical Yearbook 2021,the added value of manufacturing reached 26.41 trillion yuan in 2019,accounting for 26.77% of GDP that year.The high-end equipment manufacturing industry is the key development field,which is characterized by high value-added products,high technology intensity,good growth,with strong competitive advantages and development potential.But our high-end equipment manufacturing industry is big and not strong,there is a certain gap compared with the advanced level of the world.In order to promote the sustainable growth of our economy,the transformation and upgrading of high-end equipment manufacturing industry is an inevitable choice.As the new generation of information technology runs through the whole cycle of product production,digital transformation provides an opportunity for the high-quality development of high-end equipment manufacturing industry and becomes the development direction of transformation and upgrading of high-end equipment manufacturing industry,which has important strategic significance for the realization of manufacturing power.However,the digital transformation of many enterprises has not achieved the expected results.In order to explore the successful path and performance impact of the implementation of digital transformation enterprises,to bring reference and suggestions to other enterprises in the industry who are transforming or planning to transform,and to enhance the competitiveness of China’s high-end equipment manufacturing industry,the benchmark enterprise of general equipment manufacturing industry Shaan Gu is selected as the case study object.This paper mainly analyzes the motivation of Shaan Gu digital transformation,discusses its transformation path and its impact on company performance,and finally summarizes relevant conclusions and industry enlightenment according to the analysis results.The research finds that the evolution path of Shaan Gu’s digital transformation is as follows: first,product digitization.By producing intelligent products and providing customized services,Shaan Gu provides “high-end brain” for customers’ intelligent production and operation,so as to meet users’ personalized needs.The second is process digitization,which carries out transformation from the three levels of technology management,production process and operation management process.It mainly builds the mainstream supercomputer center of the equipment industry to improve the level of technology management,and runs MES system for information management of the production process to improve production efficiency,reduce costs and improve profitability.Transparency of construction contract performance ensures 100% project performance and improves operational efficiency by improving management skills.Third,it provides intelligent services.It establishes a remote operation and maintenance Internet platform and an energy interconnection island operation center to provide users with intelligent remote operation of equipment and value-added services for energy operation,thus achieving economic benefits of cost reduction and efficiency increase.Fourth,open sharing platform,Shaan Gu all member units to share resources,ecological interconnection,promote the upgrading of strategic cooperation of industrial resource advantages,reduce the cost of information transaction,promote enterprise innovation.The results of its digital transformation are as follows: Shaan Gu’s digital transformation experienced a “painful period” before it created huge wealth for its shareholders,and its economic added value first declined and then increased steadily.In the long run,the company has improved its innovation ability,increased its market share and improved its competitiveness,increased the company’s income,improved its profitability and operation capacity,achieved cost reduction and efficiency and high-quality growth of the enterprise,effectively controlled the short-term debt repayment risk,but the long-term debt repayment risk needs to be improved.Therefore,Shaan Gu should pay attention to the prevention of long-term debt repayment risks in the transformation process.Meanwhile,it is suggested that other enterprises learn from Shaan Gu’s digital transformation experience and explore a digital transformation path in line with their own characteristics according to their own actual situation.