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On November 30th, 2017, Ruizhang Technology established Jiangxi Xinhua Ruizhang IoT Technology Co. Ltd. with Chinese Media to greatly promote the industrialization of IoT technology, and strive to build the “IoT Publishing and Integration Lab”.

At present, there are many pain points in Chinese publishing industry, such as lack of big data support in the whole industry; being difficult to establish a unified platform for publishing and issuing; lack of fine management of printing, issuing and other sections; high pressure of Inventory; weak anti-theft and tracing approaches; frequent phenomena of private and fleeing goods; disconnection of ERP and MES; difficult management of transparent industrial supply chain; lack of collecting methods of market data and supports for precision marketing, etc. These problems limit the healthy development, transformation and upgrading of publishing industry.

To change this situation and encourage the industry to explore, innovate and liberate constraints, the State Administration of Press, Publication, Radio, Film and Television, officially issued The Notifications about Determining Key Laboratories for Publishing and Integration Development, and lists of supporting and co-establishing units of 20 key laboratories. Chinese Media has been successfully selected as the “IOT Publishing and Integration Lab” and supported by relevant policies.

It is reported that Chinese Media and Xinhua Ruizhang have successfully held the initial meeting to formulate framework standards for the industrial standard system of IoT technology application in press and publishing field. At the same time, its application to undertake the framework standards to State Administration of Press, Publication, Radio, Film and Television, have also been passed and formally established.

The establishment of Xinhua Ruizhang IoT Technology Co., Ltd. has several purposes. It aims to formulate industrial standards of IoT technology application directed at its application in publishing industry; to implement application modes’ research of IoT technology in cross-border and whole publishing industry chain, and integration between industries; and to establish a service platform of IoT application and data to support fine management in the industry. The realization of these purposes will speed up the application of IoT technology in all sections of industry chain like publishing, printing, distribution, store, etc.

Ruizhang Technology Co., Ltd., is a new high-tech enterprise specializing in IoT information technology and industry solutions and has more than 100 international patents and special technologies. It has a professional talent team with rich project implementation experience in book publishing industry. It has been dedicated to promoting the formulation of industrial standards of IoT technology application in press and publishing, involving book publishing, printing, logistics, stores and so on, and gradually creating a data platform of book IoT to serve the whole industry. The establishment of Xinhua Ruizhang at this time will further guide the industrialization process of IoT application in book publishing industry with cooperation of industrial partners.