Shanghai Huaneng E-commerce Co., Ltd.

Shanghai Huaneng E-commerce Co., Ltd. was established in 2016, serving as the centralized material supply service center and smart supply chain integrated service provider of China Huaneng Group Co., Ltd. The company adheres to the development strategy of "scenario management as the cornerstone, digital intelligence technology as the engine, and supply chain finance as the lever," and by comprehensively utilizing technologies such as big data, cloud computing, the Internet of Things, artificial intelligence, mobile Internet, and blockchain, it has innovatively built the supply chain integrated service platform "Huaneng Smart Chain," successfully establishing a smart supply chain integrated service system integrating bidding, procurement, sales, logistics, finance, and cloud services. Its business covers multiple sectors including new energy, fuel, power materials, power engineering, energy storage, electricity sales, warehousing and transportation, and supply chain finance. Under the guidance of the group company, the company deeply grasps development opportunities such as power market reform, green transformation, and digital revolution, adheres to a customer-centric approach, and upholds the development philosophy of innovation-driven, service-empowered, and strategic synergy. It is committed to promoting the upgrading of the energy industry structure, achieving overall cost reduction and efficiency improvement across the industry chain, and facilitating high-quality development of the energy and related industries. The company takes building a supply chain collaboration platform with "billion-level profits, hundred-billion-level scale, and trillion-level ecosystem" as its mission and vision, striving to become a world-class enterprise in energy supply chain under Huaneng Group and create the most influential supply chain integrated service platform in the power industry. As of 2019, the platform achieved a transaction scale of 20 billion yuan, and it is expected that the transaction volume will exceed 40 billion yuan in 2020. In addition to companies within Huaneng Group, platform customers also include more than ten power and related industry enterprises such as Datang Group, China Guodian, and Shougang Group, achieving full coverage of upstream and downstream supply chain.