5Y News | 5Y Capital Portfolio Company UHill Technology Closes 100 Million RMB Series C Funding Round

五源资本五源资本·October 16, 2022

Leading the upgrade of supply chain planning in the era of intelligent manufacturing.

UHAolin Information Technology (Shanghai) Co., Ltd., a leading domestic provider of business intelligence and decision-making solutions, recently announced the completion of a Series C funding round worth hundreds of millions of RMB. The round was led by V-Cloud Capital, with participation from Borun Capital, Huading Investment, and Hainan Rongya. Existing shareholders SAIC Hengxu and 5Y Capital made additional investments. Cygnus Equity served as the exclusive financial advisor for this round.

Founded in 2016, UHAolin is a technology company powered by intelligent decision-making technologies including operations research, reinforcement learning, and big data analytics. The company has been dedicated to promoting the adoption of intelligent decision-making technology in China, focusing on scenario-specific needs in manufacturing and transportation industries. It provides enterprises with integrated "Industry + AI + OR" intelligent decision-making solutions, aiming to enhance corporate decision-making capabilities and help businesses achieve faster, smarter, and more quantifiable decisions.

The proceeds from this round will primarily support the deployment of UHAolin's intelligent decision-making platform in industrial manufacturing, strengthen the market competitiveness of its core product — intelligent supply chain planning and scheduling — further expand market reach, and deepen UHAolin's leading position and advantages in the commercialization era of intelligent decision-making.

Currently, UHAolin is concentrating its efforts on supply chain planning for the manufacturing sector. Starting from the most genuine and pressing needs in industrial manufacturing, it integrates operations research optimization algorithms, artificial intelligence, and big data analytics into products that provide manufacturing enterprises with a complete intelligent supply chain planning and scheduling product system. By accounting for various production resource constraints, it generates real-time, synchronized production scheduling plans for different production stages, helping companies maximize business objectives while optimizing production management and operational workflows. This reduces production costs, improves production and management efficiency, enhances precision in decision-making, significantly shortens production cycles, and ultimately accelerates how quickly companies can respond to market demands.

UHAolin Intelligent Supply Chain Planning and Scheduling System

Over the past six years, backed by a powerful operations research algorithm platform and flexible, efficient intelligent decision-making optimization services, UHAolin has rapidly grown into a leading enterprise in intelligent decision-making solutions. It has supported industry-leading manufacturers including CATL, Amperex Technology Limited (ATL), Bosch Huayu, AUX, Haier, Daikin Air Conditioning, Xinyi Glass, Luxshare Precision Industry Co., Ltd., and COFCO Coca-Cola in their intelligent transformation journeys, helping them build "industrial brains" for the smart manufacturing era and delivering substantial value returns to clients.

In the automotive components sector, UHAolin provided a globally leading auto parts supplier with an intelligent supply chain planning and scheduling solution. While maintaining 100% on-time production delivery, the solution supported multi-objective optimization, reducing production time within one cycle by 5%, saving nearly 8,000+ minutes of production time, cutting single-SKU inventory by 11%, improving on-time delivery rates by 15%, and shortening production scheduling work that previously took hours to just five minutes.

In the new energy sector, a top-tier lithium battery enterprise leveraged UHAolin's intelligent decision-making algorithm platform to build its master planning capabilities from scratch. Daily planning evolved from manually inserting orders into production lines to globally optimized, intelligent production line selection for all orders, with full-process scheduling across all operations. This made plans 100% executable while globally considering constraints including materials, capacity, order delivery, and inventory.

In the home appliances sector, multiple leading air conditioning manufacturers used UHAolin's solution to enhance production process visibility and achieve lean control over production planning. The results included minute-level generation of medium- and long-term plans, 150x improvement in computational efficiency, zero shortages for dedicated components, 6% improvement in on-time delivery rates, and 50% reduction in finished goods inventory.

In electronics and fast-moving consumer goods, UHAolin's algorithm platform helped a major consumer electronics company achieve 120x faster computation, 40% shorter production lead times, and 20% higher on-time order delivery rates. A beverage processing company achieved balanced production line utilization while minimizing costs, energy consumption, emissions, and changeover times, and maximizing delivery rates and equipment utilization.

Currently, UHAolin has steadily reached globally leading levels in proprietary core technologies and industry scenario innovation. Its operations research algorithms are advanced with rapid iteration and optimization speeds, and it has achieved high maturity in fast processing of enterprise decision-making and production execution. Building on this, UHAolin's intelligent decision-making business in manufacturing has grown 4x annually. As a powerful enabler of digital transformation, it has pioneered a new path for intelligent decision-making optimization among Chinese enterprises.

From near-zero market presence in 2016 to a market now approaching tens of billions of RMB, UHAolin has witnessed the rapid rise of China's intelligent decision-making market and the swift evolution of customer awareness. As the value of intelligent decision-making becomes apparent, more enterprises will choose intelligent decision-making solutions as a critical pathway to digital and intelligent transformation, thereby gaining industry-leading advantages. According to IDC reports, China's intelligent decision-making solutions market has grown rapidly in recent years, reaching approximately 6.3 billion RMB in 2021 — a 66.4% year-over-year increase — with a projected compound annual growth rate of 54% over the next five years.

Globally, overseas markets already have several established leaders including Blue Yonder, o9, and Kinaxis, which continue to grow rapidly even at multi-billion-dollar scale. For example, o9 grew revenue by 674% over three years and was valued at $2.7 billion in its February 2022 funding round. In contrast, while about 10% of Chinese manufacturing enterprises have attempted intelligent optimization of supply chain planning, mature suppliers and products meeting domestic customer needs remain lacking. China's smart manufacturing market is still in early stages of development, with overall supply-demand mismatches and market penetration of only 3-4%. The domestic intelligent decision-making technology track remains a blue ocean. As market demand and product capabilities improve alongside successful implementations at benchmark customers, market penetration is expected to rise quickly.

According to specific targets in China's "Made in China 2025" plan, by that year over 70% of above-scale manufacturing enterprises will have basically achieved digitalization and networking. The technological capabilities and market competitiveness of smart manufacturing equipment and industrial software will be significantly enhanced, with market satisfaction rates exceeding 70% and 50% respectively. Favorable policies and market conditions will provide strong support for enterprises in the intelligent decision-making track.

As of September this year, UHAolin has released multiple manufacturing supply chain optimization products, signed contracts with industry-leading customers, and established long-term strategic partnerships with top enterprises in the field.

UHAolin recognized by numerous industry-leading customers

Going forward, as a leading domestic provider of intelligent decision-making solutions, UHAolin will continue to deepen its work on intelligent decision-making algorithms, products, and implementation services. Drawing on industry experience and scenario-specific needs, it will enhance universal applicability and standardization across industries, strengthen technical optimization of its intelligent supply chain planning and scheduling system, and provide manufacturing enterprises with better-suited intelligent decision-making solutions — empowering lean production and improving market competitiveness.

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