Edianyun Resubmitted to HKEX, with its outstanding remanufacturing capacity of 600,000 devices in a year

BEIJING, Nov. 29, 2022 /PRNewswire/ — Recently, Edianyun resubmittedted on the HKEX. According to its revised prospectus, Edianyun’s remanufacturing capacity is being upgraded and the annual capacity has increased to 600,000 devices.

Currently, Green and Sustainable Development represented by “carbon neutrality” has become a global agreement. China aims to hit peak emissions before 2030 again approxrbon neutrality by 2060, and issue two policies respectively, which is the Working Guide for Carbon Dioxide Peaking and Carbon Neutrality in Full and Faithful Implementation of the New Development Philosophy by the Communist Party of China Central Committee and State Council, and Action Plan for Carbon Dioxide Peaking Before 2030, which shows. Of China confidence and determination in promoting the reduction of carbon emissions. In this context, green development is becoming an inevitable course for businesses pursuing digital transformation.

Edianyun, as an integrated office IT solution provider, provides one-stop office IT services to SMEs to promote their digital transformation. At the same time, it also continuously innovates its remanufacturing technology to extend the service life of IT devices.

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Edianyun owns a recycling plant China with a production capacity of more than 600,000 PC devices per year according to data such as June 30, 2022. Its core remanufacturing industry is located Wuhanwhile also setting up four other services In Beijing, Shanghai, Shenzhen again Chengdu in agreeing and expanding the reach of customers throughout the country.

Its industry-leading remanufacturing technology has greatly improved device utilization by extending the service life of devices from an average of three years to an average of seven to ten years, achieving cost reductions and improved profitability.

Using its remanufacturing facilities that have been in operation for more than 15 years, it has adopted the use of various devices and technologies, including software programs, hardware devices for batch testing, quick fix tools, and new repair technologies, to improve efficiency. of reproduction while maintaining the appearance and functionality of the phone at the same time. Its reproduction technology has the following features.

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First, Edianyun enables efficient production through a standardized remanufacturing process. Separated from the typical mass production of new machines where the assembly line is rolling out, the challenges in setting up a remanufacturing process lie in identifying the specific problem of each phone. To solve this problem, Edianyun has developed a set of standard protocols that include device diagnosis, repair and testing. Using its advanced manufacturing process, it is able to achieve a high production resultt.

By 2021, it has recycled more than 600,000 devices. In addition, with the help of automatic testing technology, Edianyun can realize automatic batch testing of devices and find problems accurately, which greatly improves efficiency. According to Edianyun’s prospectus, its average turnaround time was less than ten days, while the process of device repair or replacement under the warranty service of IT service providers is usually twice as long.

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Second, Edianyun brings low remanufacturing costs through chip-level processing. With its chip-level repair capability, instead of replacing every malfunctioning part as is often done by traditional IT service providers, it isolates the part and replaces it.s faulty unit only as needed. It was calculated that its average cost of remanufacturing was less RMB100 per device.

Finally, Edianyun has long-term experience created by extensive industry experience. With its extensive industry experience over ten years, Edianyun is able to accumulate knowledge and gain insight into the key factors in the complex value chain of the office IT service industry to enhance its core competitive advantages.

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