Research On Value Creation Of Energy Digital Transformation Of Langxin Technology

With the continued implementation of policies related to the power system and the clear goal of "dual carbon",digital transformation is particularly urgent for the energy and power industry,which is an important national pillar industry.As a leading enterprise in the industry,Langxin Technology is actively responding to the country’s requirements for the implementation direction of building a new type of power system that integrates source,network,load,and storage,and promoting price reform.On the one hand,Langxin Technology is gradually establishing an intelligent power marketing system that meets the needs of new businesses,and on the other hand,it is continuously diversifying the industrial internet platform.Therefore,Langxin Technology not only aims at the B-end in the process of digital transformation,but also settles the capabilities and platform products of the middle stage,helping customers such as power grids and power generation groups achieve digital upgrading;Also aimed at the C end,an energy internet service platform is built to provide demand side operational services and provide multiple energy services to end users.This article takes Langxin Technology as the research object to study the value improvement brought by digital transformation to Langxin Technology.It uses a combination of literature research,financial indicator analysis,and case analysis methods to analyze the motivation,path,business,and risks of Langxin Technology in digital transformation,and studies what competitive advantages it has in the energy industry have led the company to become a pioneer in digital transformation,It also discusses how the digital business of Langxin Technology and its financial indicators,namely,profitability,operational ability,debt paying ability,and development ability,have changed during the transformation process.It also discusses how to achieve value creation during the entire transformation process.Focus on analyzing the changes in financial indicators of the joint venture between Langxin Technology and Ant Group to expand the digital life payment business in 2015,and completing the merger and acquisition of Easyten Technology and Bangdao Technology in 2019,extending the business field to Internet TV.Draw a conclusion about the successful digital transformation of Langxin Technology,and draw two key factors for its success.First,use the power marketing system to improve power transmission efficiency,create market value,and occupy a market position;Second,Langxin Technology actively responds to the call of national policies to diversify the development of energy digital business,enriching and facilitating people’s daily energy needs.