Huabao wins two honors in respect of digital transformation of China’s light industry

On November 1, 2024, the 14^th China Light Industry Informatization Conference (“Conference”), which was guided by China National Light Industry Council and sponsored by China Light Industry Information Center, was grandly held in Chongqing. This Conference focused on the high-end, intelligent, and green development of China’s light industry, and brought together numerous industry elites to jointly explore new paths for the digital transformation of China’s light industry.

By virtue of its remarkable achievements in the field of digital transformation, Huabao Flavours & Fragrances Co., Ltd. ("Huabao" or the "Company") was successfully selected into the 2024 list of “Outstanding Solutions” for urgent technological needs in the digital transformation of China’s light industry, and also honored as a “pioneering” case in the digital transformation of China’s light industry in 2024, which highlighted the Company’s leading position in technological innovation and digital transformation, and set a benchmark and model for industry development.

• Digital transformation brings significant breakthroughs in research & development (R&D) innovation

Huabao’s digital transformation projects focused on the R&D process of flavor and food ingredients. Through the application of digital technologies in the R&D process, it achieves lifecycle management of product development and intelligentization of key steps.

With the introduction of Siemens’ products and services and independent R&D, Huabao has successfully built a system that can comprehensively record and track the lifecycle of formulas, which not only significantly improves R&D efficiency and transparency, but also effectively reduces R&D costs and accelerates the process of bringing products from the R&D stage to market launch. On this basis, the Company’s self-developed regulatory compliance module can function to intelligently determine the compliance of formulas, thus strengthening the compliance guarantee of the Company’s products.

Particularly noteworthy is that Huabao has introduced AI deep learning technology. Relying on massive data training models, it can accurately capture the characteristic patterns of natural fragrances, achieving high-precision identification and analysis of flavor ingredients. This breakthrough not only enhances product safety and quality, but also opens new paths for product innovation, thus demonstrating Huabao’s strong technological innovation capabilities.

• Experts lead teams to work together for creating remarkable achievements

Huabao’s digital transformation implementation team brings together senior experts and technical backbones in project management, digital technology, analytical testing, and software development. With their extensive experience, they have successfully driven the Company to make significant breakthroughs in R&D efficiency, regulatory compliance enhancement, and unknown flavor ingredients identification.

Huabao has always been committed to improving R&D efficiency and innovation capabilities through digital transformation. Huabao won the two honors for the digital transformation of China’s light industry this time, which was not only recognition of the team’s hard work, but also affirmation of Huabao’s remarkable achievements in the field of digital transformation. Taking this opportunity, Huabao will continue to deepen its digital transformation strategy, and adopt a dual-wheel approach driven by technological innovation and product innovation, thus providing global customers with higher-quality, safer, and more efficient flavor and food ingredient products, and continuously leading industry development.

■ The deepening of digital transformation broadens prospects for future development

Huabao’s focus on digitalization has injected strong momentum into its R&D system. It has not only strengthened the collaborative work of its global R&D teams, but also achieved full-chain management optimization from raw materials to regulations, thus significantly improving the efficiency of data sharing and knowledge accumulation, and ensuring the seamless connection of design, processes, and production flows, and laying a solid foundation for the Company’s long-term development. Through this series of innovations, Huabao has not only significantly enhanced product quality and market competitiveness, but also set a benchmark in the wave of digital transformation in the light industry.

Looking forward, Huabao will continue its journey of deepening digital transformation, and flexibly customize and expand functional modules based on the Company’s actual needs to meet personalized development requirements. The Company will further strengthen regulatory compliance management, keep up with international market regulatory dynamics, promote technological innovation and application, continuously introduce new ideas, and expand its international market footprint. Furthermore, Huabao will utilize predictive analytics tools to enhance its data analysis capabilities, precisely grasp market trends and consumer demands, optimize product development and production plans, and strengthen market and brand building, thus comprehensively improving the brand’s competitiveness and influence in the global market.

Huabao’s digital transformation practices have not only brought significant growth and change to the Company itself, but also provided valuable experience and inspiration for the overall digitalization process of the light industry. In the future, we will continue to play a leading role in the industry and promote the deeper and broader development of digital transformation in China’s light industry!