Edianyun resubmitted to HKEX, with its outstanding remanufacturing capacity of 600,000 devices in one year

Edianyun resubmitted to HKEX, with its outstanding remanufacturing capacity of 600,000 devices in one year

BEIJING, November 29, 2022 /PRNewswire/ — Recently, Edianyun resubmittedcrew at HKEX. According to its updated prospectus, Edianyun’s refurbishment capacity is further enhanced with annual capacity increased to 600,000 devices.

Currently, Green and Sustainable Development represented by “carbon neutrality” has become a global consensus. China aims to reach the peak of emissions before 2030 and Californiarbon neutrality by 2060, and released two Strategies successively, namely work guidelines for peak carbon dioxide and carbon neutrality in the full and faithful implementation of the new development philosophy by the Communist Party of China Central Committee and the State Council, and the action plan for carbon dioxide peak before 2030, demonstrating China confidence and determination in promoting the reduction of carbon emissions. In this context, green development becomes the essential path for companies pursuing their digital transformation.

Edianyun, as an integrated office solution provider, provides one-stop office IT services to SMBs to accelerate their digital transformation. Meanwhile, it is also constantly innovating its refurbishing technology to extend the life of computing devices.

Edianyun owns the remanufacturing plant in China which has a production capacity of more than 600,000 PC devices per year according to data as of June 30, 2022. Its base remanufacturing plant is located in Wuhanwhile he is also setting up four other facilities in beijing, Shanghai, Shenzhen and Chengdu in line with its nationwide customer base expansion.

Its industry-leading refurbishing technology has vastly improved device utilization by extending device life from an average of three years to an average of seven to ten years, enabling cost reduction and improvement in profitability.

Leveraging its refurbishment facilities which have been in operation for more than 15 years, it has embraced the use of various devices and technologies, including software systems, hardware devices for batch inspection, refurbishment tools fast new, as well as innovative refurbishing technology, to improve refurbishing efficiency while maintaining the appearance and performance of the device at the same time. Its innovative reconditioning technology has the following characteristics.

First, Edianyun enables efficient production through a standardized remanufacturing process. Different from the traditional mass production of new devices where the assembly line predominates, the challenges of standardizing the remanufacturing process lie in identifying the problem specific to each device. To solve this problem, Edianyun has developed a set of standard protocols covering device diagnosis, refurbishment and testing. Leveraging its standardized remanufacturing process, it is able to achieve greater production outputt.

In 2021, it remanufactured over 600,000 devices. In addition, with the help of automatic testing technology, Edianyun can perform automatic batch testing of devices and pinpoint the problems precisely, which greatly improves efficiency. According to Edianyun’s prospectus, its average time to refurbish was less than ten days, while the process of repairing or replacing devices under the warranty services of traditional IT service providers is usually twice as long. longer than that.

Second, Edianyun offers low remanufacturing cost through chip-level repair. With its chip-level repair capability, instead of replacing the entire failed component as traditional IT service providers commonly do, it disassembles the component and replaces it.s only the faulty unit if necessary. It is calculated that its average refurbishment cost was lower 100RMB per device.

Finally, Edianyun has the long-term know-how created by extensive industry experience. With its extensive industry experience for more than ten years, Edianyun is able to accumulate know-how and better understand the key elements of the complex value chain of desktop IT services industry to develop its main competitive advantages.



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