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Ernst & Young-Dadong Times renewable energy industry one-stop service releasing

On June 17, 2022, the "2022 China Manufacturing Digital Transformation Summit and Kahn Award Ceremony" which is sponsored by Dadong Times (TD), Shenzhen CIO Association and Huashan Hui Holdings, co-organized by Shenzhen EV Industry Association and Dongguan Artificial Intelligence Industry Association, was successfully held. Nearly 400 guests from manufacturing and digitalization fields, associations and universities attended the summit. They discuss the trend of digital transformation in manufacturing industry, and how digital technology merge into manufacturing.

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Nearly 400 guests from manufacturing and digitalization fields, associations and universities attended the summit. They discuss the trend of digital transformation in manufacturing industry, and how digital technology merge into manufacturing.

 

At the summit, Zhao Yue, who is Ernst & Young partner, released the introduction about "Ernst & Young - Datong Times renewable energy industry one-stop service and investment". As the world's leading professional service provider, Ernst & Young has a profound experience in the field of renewable energy industry, and Datong Times is one of the long-term strategic partners of Ernst & Young. Also, Datong Times has rich experience and successful cases in the field of renewable energy industry.

 

Under the background of energy industry transformation and global warming, the global energy market is being reshaped with faster pace, and the renewable industry is in a remarkable "explosion" period: On the one hand, due to carbon neutrality has become a global consensus, .Ev &energy storage battery market expand quickly. As we known, Lithium battery are playing an increasingly important role in the renewable industry. It is expected that the lithium battery industry would maintain a strong growth in the next ten years, and China would play a dominant role in the entire lithium battery supply chain.

 

On the other hand, Russia-Ukraine war exacerbates the energy crisis in Europe and have an negative effect on its low-carbon energy transformation strategy. In order to completely get rid of dependence on Russian in energy supply, EU has promoted their renewable energy related policies, which would bring the new opportunities in lithium battery investment.

 

Generally speaking , the traditional consulting service has narrow service coverage. It tend to stay in the front-end planning stage and only provide standardized consulting services without participating in the follow-up implementation stage, which leads to the disconnection between planning and implementation. However, one-stop consulting service that provided by the "EY - Dadong" can offer end-to-end integrated service and effective solutions,helping enterprises to "consider comprehensively, understand clearly, do well".

"One-stop service" includes four aspects:

1. Market insight. Conducting in-depth analysis and research on macro environment, industry trends, customers and competitors, analyzing and summarizing factors that may have an impact on business model, business plan layout, market entry method, etc., and conducting feasibility studies and solutions for customers's investment in lithium battery industry;

 

2), Establishing or expanding production capacity consultation service. We help clients with the diagnosis and optimization in lithium battery materials selection and design, factory location selection, construction planning, factory operation, and a series of planning and management services required by the digital transformation of the factory, comprehensively helping client with investment and production capacity expansion decision-making and production process optimization;

 


3), Mergers and acquisitions suggestion. On the basis of client's strategic development needs , we formulate the initial acquisition and merger strategy and target selection. Also, we provide financial advisory and transaction execution service, and follow-up service after the completion of transactions ensuring clients to achieve the expected value;

 

4). Human Resource planning. We design the blueprints for the talents development on the basis of enterprises needs, and other specific condition and organize training activities such as lectures and field research to assist enterprises to complete the construction of talent pool and meet the needs of strategic development.


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