"ZhiJing Technology (Baibu) Featured on CCTV's *Xinwen Lianbo*: Tech-Powered Transformation Across the Textile Industry's Full Supply Chain | Yunqi Capital Portfolio"

China is the world's largest producer, exporter, and consumer of textiles. Despite having a complete industrial chain and supporting advantages, the sector is characterized by long production chains, high labor intensity, low efficiency, and chronic粗放式管理.

Zhijing Technology is China's first industrial internet company serving the textile sector. The company has built a vertically integrated, digital-intelligent comprehensive service platform for textile and apparel, which has aggregated over 9,000 textile enterprises nationwide and more than 600,000 textile machines, improving efficiency for industry participants across production and sales.

Yunqi Capital invested in Zhijing Technology in 2017. From the perspective of Feng Yao, Managing Director, the fundamental internal logic of industrial upgrading is the evolution from low to high efficiency, and advanced productivity replacing落后生产力. The management gaps in traditional textiles have created vast new opportunities for B2B industrial chain tech companies.

This edition of "Yunqi Industry+" brings you the latest on "Zhijing Technology," a Yunqi Capital early-stage lead investment.

➤➤➤ On April 16, a CCTV Xinwen Lianbo production team visited Zhijing Technology to report on the transformation progress of the industry's "digital brain" for textile machinery.

Xinwen Lianbo reports on Zhijing Technology's "digital brain" Since its founding, Zhijing Technology has used big data, cloud computing, IoT, and other new-generation information technologies to fully connect information flow, logistics, and capital flow across the textile and apparel industry — helping the sector achieve collaborative, flexible, and intelligent digital upgrading across the entire industrial chain, while promoting transformation among SMEs and leading coordinated development upstream and downstream. From 2017 to present, Zhijing Technology has continuously improved industry efficiency from both output and quality dimensions, achieving roughly 100x growth.

Yunqi Capital remains focused on "technology innovation, industry empowerment," with industrial digitization as one of our sustained areas of focus. Going forward, we will continue to seek out and accompany outstanding technology innovation enterprises, creating value together.