JD INDUSTRIALS (07618) uses the large model of Joy Industrial to promote product standardization and build a smart data foundation for price indexes.

On March 30, 2026, the 1st session of the 2026 Purchasing & Supply Chain Salon, organized by the Public Procurement Subcommittee of the China Federation of Logistics and Purchasing and co-organized by JD INDUSTRIALS (07618), was held in Beijing. The theme of this salon was "State-owned Enterprise E-commerce Purchasing Price Index". Nearly a hundred representatives from relevant ministries, many central state-owned enterprises, e-commerce platforms, and supply chain service agencies attended the meeting to explore new paths for the digital transformation of state-owned enterprise procurement and price compliance control. The representatives at the meeting discussed the fairness of price indices, standardization of goods, and deep application of AI technology, proposing the establishment of an industry price reference system supported by multidimensional data, taking into account quality, service, and regional differences, to promote the transformation of state-owned enterprise procurement from "price-oriented" to "value-oriented". The representatives unanimously agreed that establishing an industry-recognized industrial product procurement price index is of great significance in improving procurement compliance, transparency, and efficiency, and suggested that the industry association take the lead in promoting the sharing and construction of data from multiple sources. Prior to the meeting, JD INDUSTRIALS announced the opening of its industrial product price index, which is based on the JD INDUSTRIALS AI model JoyIndustrial and has undergone rigorous internal testing, ensuring excellent price fairness. This move directly responds to the demand from companies for real and verifiable prices in industrial product procurement, laying a solid foundation for the high-quality development of the industrial supply chain industry, particularly for enterprises engaging in compliant procurement, represented by state-owned enterprises. The representatives at the meeting expressed that JD INDUSTRIALS has a wide range of products, strong credibility in pricing, and high trustworthiness, making it a core benchmark for price verification in many corporate e-commerce platforms. JD INDUSTRIALS's willingness to open its valuable data reflects an open and win-win attitude, driving the high-quality development of the entire industry. Acceleration of Mercato standard goods library construction using industrial large models During the thematic sharing session, representatives from JD INDUSTRIALS, State Grid E-commerce, and China Energy shared their practical experiences. The person in charge of JD INDUSTRIALS mentioned that in the construction of the industrial product price index, the complexity of industrial product categories, diverse specifications, and inconsistent naming syste...