During the 6th China International Import Expo, Honeywell announced the signing of a strategic cooperation agreement with Hengdian Group East Magnetic Co., LTD. (hereinafter referred to as “Hengdian East Magnetic”) to help Hengdian East Magnetic to create a one-stop solution for intelligent manufacturing in the new energy industry, while focusing on the advantages of both sides to jointly promote the intelligent transformation of manufacturing and empower a more sustainable future for the world.

Honeywell and Dongmagneto Hengdian will collaborate in three areas: technology innovation, lean operations and industrial empowerment. With technological advantages in the fields of industrial sensing, automation control, and security protection, the two sides will jointly explore industrial intelligent hardware innovation and enhance product market competitiveness from the aspects of technology, cost, and quality. Focusing on lean operations, the two parties will combine Honeywell’s mature operational excellence system with Dongji’s smart factory practices to jointly explore lean digital transformation of the factory. In addition, the two sides will also explore innovative technologies and applications in intelligent manufacturing, Internet of Things, big data and other fields, and explore the “intelligent manufacturing road” in photovoltaic, lithium and other industries to enable China’s manufacturing industry to achieve high-quality development.

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“Honeywell and Hengdian Dongmagnetics have a highly consistent strategic development vision, and the successful signing of this strategic cooperation is an important milestone in the cooperation and development of the two parties.” “We believe that through complementary technology and in-depth business collaboration, we will be able to achieve more fruitful results in enhancing supply chain resilience and smart manufacturing transformation, and jointly contribute to the development of a sustainable future around the world,” said Chai Xiaozhou, president of Honeywell Safety and Productivity Solutions Group China.

“Honeywell is a century-old high-tech company with deep and rich product and technology experience and a leading operational management system.” Ren Hailiang, Chairman and general manager of Dongmagneto Co., LTD., Hengdian Group, said, “Combining Dongmagneto’s extensive scene resources, rich industry experience and stable supply chain advantages, we look forward to building a lighthouse factory in the intelligent manufacturing industry with Honeywell to create a digital transformation and upgrading paradigm.”

New energy technology innovation and intelligent transformation have become a major measure to further promote the energy revolution, but also to achieve sustainable development and the “double carbon” goal of the main force. In China, Honeywell firmly implements the localization development strategy of “East serves East”, based on the new development pattern, and works with upstream and downstream partners in the industry to jointly promote the application of innovative technologies such as intelligent manufacturing, Internet of Things, and big data, and jointly explore the “intelligent manufacturing road” of China’s manufacturing industry to help China’s high-quality sustainable development.