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"People's Daily": Megvii Helps Shiwanxin Embrace "Digital Technology"

2022 - May - 06



On May 3, the headline of the overseas edition of "People's Daily" published "China's Industrial Economy is Stable, Progressive and Resilient", introducing the development of China's industrial economy in the first quarter. The report paid attention to the smart factory that Megvii helped build by Shiwanxin, a wooden toy manufacturing company. Through this typical case, it described the effect of manufacturing companies embracing digital technology, improving production efficiency in an all-round way, and achieving high-quality development. The factory adopts the Megvii 3A smart logistics solution, which increases the utilization rate of storage space by 3 times and the production efficiency by more than 2 times.

The following are some excerpts from the People's Daily report:


The "competitive state" of an enterprise directly determines the "gold content" of industrial development. In the first two months of this year, the energy consumption per unit of industrial added value of enterprises above designated size decreased by 7.4% year-on-year; in the first quarter of this year, the added value of high-tech manufacturing increased by 14.2% year-on-year, and the number of newly built 5G base stations reached 134,000. These data witness thousands of industrial enterprises struggling.for development.

Some enterprises embrace digital technology to improve production efficiency in an all-round way. "In the first quarter of this year, our output value increased by more than 70% year-on-year, and the export delivery volume more than doubled year-on-year!" Talking about the business, Lin Guanjun, general manager of Taizhou Shiwanxin Toys Co., Ltd., Zhejiang Province, is very satisfied. He introduced that it is difficult to adapt to the current fierce market competition simply by expanding the scale. This year, the company and Beijing Kuangshi Technology Co., Ltd. cooperated to complete the intelligent transformation of the factory.

"In the renovated new factory, the intelligent logistics software platform 'Megvii Hetu' centered on artificial intelligence technology has tripled the utilization of storage space and increased production efficiency by more than two times." Xu Qingcai, head of Megvii Logistics Business Department told this reporter.



Shiwanxin Smart Chemical Factory with the help of Megvii's 3A solution


Shiwanxin is a private enterprise specializing in wooden toys. In order to achieve high-quality development, enterprises have begun to look for ways to automate and digitalize transformation. To this end, Shiwanxin adopts the Megvii 3A smart logistics solution, through the intelligent logistics software platform "Megvii Hetu" (AI), schedules the automated vertical warehouse system (AS/RS) composed of pallet stackers, bin stackers, conveyor lines, elevators, etc. and automatically transports materials from the warehouse to the production line of the autonomous mobile robot system (AMR) to optimize overall efficiency.

After the project is completed, it can produce 20 million sets of wooden toys annually, realizing the linkage between smart production and smart warehousing. The automated operation method also makes the production site operation more planned, which further guarantees product quality and production safety. This project is very typical in the current intelligent manufacturing industry, and sets a strong demonstration for the majority of small and medium-sized enterprises to carry out digital and intelligent upgrades.

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