Together with Hesteel Industrial Technical Service Co., Ltd. and Hesteel Digital Technology Co., Ltd. to explore a new path of energy optimization and energy saving and efficiency
Jointly develop energy system analysis and evaluation optimization tools to promote the implementation of smart energy management

Siemens today signed a trilateral memorandum of understanding with Hesteel Industrial Technology Services Co., LTD. (Hesteel Industrial Technology) and Hesteel Digital Technology Co., LTD. (Hesteel Digital) to deepen cooperation in the field of energy, and jointly explore the development of energy system analysis and evaluation optimization tools, so as to explore new paths for energy optimization and energy efficiency.

China’s manufacturing industry is accelerating towards digital, intelligent and green development. The steel industry plays a key role in China’s manufacturing industry and needs to seize the development opportunities of The Times to achieve green and low-carbon development and improve quality and efficiency. Siemens and Hesteel Group have a deep foundation of cooperation, and we are committed to empowering industrial transformation and upgrading. This cooperation is an important practice for Siemens to help China’s manufacturing industry take the path of green, low-carbon and sustainable development.

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According to the memorandum of cooperation, the three parties will cooperate on the optimization of energy control, energy conservation and emission reduction, and comprehensive carbon reduction of steel enterprises, parks and production lines, and utilize Siemens’ advanced technology and domain knowledge accumulation in the modeling and analysis of energy systems and equipment in the industrial field, as well as cutting-edge technologies such as artificial intelligence. Deploy a digital integrated energy management platform to analyze and optimize the operation of key process systems and equipment for energy saving and consumption reduction.

Hesteel Industrial Technology and Hesteel Digital are subsidiaries of Hesteel Group Co., LTD. In March this year, Siemens and Hesteel Group signed a memorandum of cooperation to expand cooperation in the fields of digital factory, energy optimization, green and low-carbon production and services, and explore new paths for green development of the industry. In the future, Siemens will continue to deepen cooperation with Hesteel Group, promote the application of different scenarios, and accelerate industrial transformation and upgrading and sustainable development.