In December 2022, on the occasion of the first China-Arab States Summit, many Chinese enterprises signed cooperation agreements with Saudi Arabia. Among them, DDTS Digital Technology Co., LTD., an industrial digital professional service company from Nanjing, stood out. Their customer service team was invited by Saudi Aramco, one of the largest oil companies in the world. I went to Jubeir City of Saudi Arabia to conduct site acceptance inspection for the operation and maintenance service of the digital factory started three years ago, which was highly praised.
Saudi Arabia was one of the first countries to actively respond to the Belt and Road Initiative. As China's largest trading partner in the Middle East, Saudi Arabia has established a comprehensive strategic partnership with China, and digital economy is one of the key areas of cooperation between the two sides. The successful cooperation between DDTS and Saudi Aramco has actively responded to the country's call for the Belt and Road Initiative, contributed to the construction of the Belt and Road Initiative, and won a good reputation and reputation for Chinese enterprises, Chinese projects and even Chinese services in Saudi Arabia.
Saudi Aramco, one of the world's largest oil companies, said in an interview with Xinhua that China's Belt and Road Initiative has many similarities with Saudi Arabia's Vision 2030, which is conducive to cooperating with Chinese partners, moving forward side by side and contributing to the security and stability of industrial supply chains. DDTS has been committed to becoming "the partner of digital transformation of process industry", and has long provided digital services for the whole life cycle of engineering facilities for energy and chemical giants such as petrochina, CNOOC, Sinopec, Conocophillips, Shell, Bayer, BASF, etc.
In September 2009, DDTS established business relations with Saudi Aramco, and won two new digital factory system projects and one digital factory system implementation and maintenance project in 2014 and 2018, respectively. The delivery results were highly recognized by leaders at all levels of Saudi Aramco. In December 2019, after 10 years of customer inspection and multiple certification and testing, DDTS finally won the recognition and trust of Saudi Aramco in the international market, and signed a 5-year digital factory operation and maintenance service contract with SABIC, which is affiliated to Saudi Aramco, establishing a milestone cooperation. Opened the curtain of DDTS to help the digital transformation of energy and chemical industry.
After that, DDTS was also invited to participate in the Saudi Aramco Alliance Framework service launch plan. The first phase of the five-year agreement covers the implementation and development of digital factory system platform, engineering data delivery and maintenance, massive data analysis and processing, post-operation and maintenance of high-value applications and other related digital transformation services. More than two dozen wholly-owned and joint-venture companies in Saudi Arabia, as well as regional companies in Asia, Europe and North America, are expected to generate approximately millions of man-hour related services.
Feng Qiang, chairman of DDTS, said that looking at the current situation of digital transformation of enterprises, the rapid development of the new generation of technologies represented by big data, cloud computing, industrial Internet platforms, etc., all of which are constantly deeply integrated with the traditional energy industry, giving birth to more innovative technologies. Data is the new oil, and digitalization is the key point for enterprises to participate in market competition. External pressure is forcing energy and chemical enterprises to transform to digitalization, networking and intellectualization. Focusing on the digital transformation of process industry for 18 years, DDTS has accumulated advanced technology and rich industrial experience, and innovated a variety of service modes for customers.
As an international engineering service provider, DDTS has provided professional technical services and solutions for hundreds of large and medium-sized engineering companies and design institutes at home and abroad, enjoying a wide brand reputation in the industry. In addition to Saudi SABIC's long-term digital services, in terms of the Middle East region, DDTS has also successfully implemented the Hanshan plant digitization project of ADNOC in the United Arab Emirates and the three-dimensional digital delivery project of Takreer oil depot, demonstrating the company's positioning and mission of "digital transformation partner, building a smart future dream".
Industrial Internet and digital intelligent factories are changing people's work and life at an amazing speed. Facing the future, DDTS is more firmly optimistic about the broad prospect of digital transformation in the industrial field. Feng Qiang confidently said that with a profound engineering design background and long-term digital main service advantages, DDTS will gradually adapt to the diversity and continuous needs of cross-industry, try to help customers focus on the core business, and continue to explore innovation in the field of industrial technical services and industrial software. We will continue to provide customers with professional, flexible and efficient digital transformation and upgrading solutions with high-quality service and localization of products, mutual benefit and common growth, and strive to become a global leading provider of digital comprehensive solutions for process industry.