IBI Chairman Liu Quan Invited to Speak at the China Baowu–Ouyeel Summit

On October 18, the first Ouyeel Summit, guided by the China Iron and Steel Association (CISA) and China Baowu Steel Group, and hosted by Ouyeel Cloud Commerce, was held at the China Baowu Steel Conference and Exhibition Center in Shanghai. Liu Quan, Chairman of Beijing United Information Technology Co., Ltd. (IBI), and Liu Zhai, Senior Vice President of IBI and CEO of Toodudu, were invited to attend the summit.

Themed “Co-Building the Ecosystem, Sharing the Intelligent Future,” the event received strong support from the Shanghai Municipal Commission of Commerce and the Baoshan District Government.
Opening remarks were delivered by Chen Derong, Party Secretary and Chairman of China Baowu, and Liu Min, Deputy Director of the Shanghai Municipal Commission of Commerce.

Keynote speakers included Wang Yingsheng, Chief Economist of the China Iron and Steel Association; Professor Chai Yue-ting, Director of the National Engineering Laboratory for E-Commerce Transactions Technology at Tsinghua University; Liu Quan, Chairman of IBI; Wei Zhe, Founding Partner and Chairman of Jiayu Fund; and Jin Wenhai, President and Deputy Party Secretary of Ouyeel Cloud Commerce.

In his keynote speech, Chairman Liu Quan stated:

“The development of the industrial internet has gone through two key stages — the precise information-matching service stage and the platform-based transaction service stage.
Today, under the wave of digital transformation, the industrial internet has become a vital force deeply involved in industrial digitalization.
By building digital supply-chain service systems, industrial internet platforms should take helping traditional enterprises reduce costs and increase efficiency as their core value orientation, while providing increasingly sophisticated and comprehensive services.
The joint construction and shared prosperity of the industrial internet ecosystem require the active participation and strong collaboration of all stakeholders.”

As a third-party industrial internet platform initiated by China Baowu, Ouyeel Cloud Commerce has, over the past six years, focused on the steel industry chain, driving innovation in business models, technology applications, and institutional mechanisms. It has grown into a leading enterprise in China’s industrial internet sector, creating significant value for ecosystem partners through enhanced efficiency, cost reduction, precise connectivity, and sustainable green development.