上海芯钛信息科技有限公司

August 20, 2021, Shanghai, China

The SAP ERP project signing and launching ceremony of Shanghai Thinktech Information Technology Co., Ltd. ("Shanghai Thinktech") was held at the headquarters of Shanghai Techsonic Information Technology Co., Ltd. ("Shanghai Techsonic "). Li Lantao, deputy general manager of Shanghai Thinktech, Wu Huaqiang, director of production and operation of Shanghai Thinktech, Feng Xianjun, FAE senior engineer of Shanghai Thinktech, Lan Hui, CEO of Shanghai Techsonic, and Ms. Wu Yao, head of SAP® Business One® Greater China attended the kick-off meeting.

【Pic】Shanghai Thinktech SAP ERP project signing and launching ceremony

Injecting strong momentum into sustainable development, Shanghai Thinktech is seeking an ERP platform that can accompany the rapid development of the enterprise and can be flexibly expanded to drive its own digital transformation and strengthen its own management and control. Through a comprehensive analysis of current and future demands and business forms, as well as an inspection of the upstream and downstream supply chains, the company decided to cooperate with Shanghai Techsonic, which has nearly 30 years of industry implementation experience. Combined with SAP® Business One® solution targeting growth companies, both parties will jointly sort out management and control requirements and business processes, and establish a unified digital operation system.

【Pic】Mr. Li Lantao (right), deputy general manager of Shanghai Thinktech, and Mr. Lan Hui (left), CEO of Shanghai Techsonic, sign the contract

Mr. Li Lantao from Shanghai Thinktech said, “Shanghai Thinktech is an enterprise focusing on the design of automotive-grade chips. The company has successfully completed many mass-produced projects within a relatively short time of establishment. The tens of millions of chip order forecast and complex development trend of business activities will inevitably make the product development process and sales business more complicated. Therefore, the company urgently needs to introduce a suitable management platform to accommodate these processes and data and manage them."

Mr. Lan Hui from Shanghai Techsonic said, "Shanghai Techsonic’s professional team has an excellent reputation in the industry, and is especially good at seeking new changes in the process of supporting business changes, such as helping companies adapt to the EDA of different part suppliers, or adapt to project management processes of different models, etc., rather than a set of rigid and solidified processes. In the implementation process, its core value is to integrate business and finance, so that the company can establish good financial compliance and calmly face the audit of financing and IPO and other related activities. At the same time, it is hoped that the cooperation between the two parties can help Shanghai Thinktech to simplify key business processes, enhance data management capabilities, and ultimately promote the profitability of the company."

Mr. Wu Huaqiang from Shanghai ThinkTech said: "The company is on the track of rapid development. First, the SAP ERP system is selected as the company's core system. In the future, the factory MES system and OA system will also be gradually configured and constructed. Therefore, I also hope that after this project, we will continue to strengthen more in-depth cooperation with Shanghai Techsonic to build a complete set of automotive ecological information systems."

Ms. Wu Yao from Shanghai Techsonic said: “Shanghai Techsonic is SAP’s largest partner in China, and the current focus of work is on integrated circuit companies. It is hoped that the success of the cooperation between the two parties can become a benchmark case of SAP in the field of automotive chip design."

Mr. Li Lantao from Shanghai Thinktech said: “As a supplier of automotive grade chips, we have great patience for each project. This is also due to the automotive project cycle. I hope that on the basis of success of this ERP project, both parties can also maintain long-term cooperation and common growth at the same time."

SAP products are widely used in Fortune 500 companies, including Volkswagen, BMW, Toyota, Bosch, GAC, Continental and other well-known auto parts companies and automakers. Its core product SAP ERP system helps corporate management to clearly understand and fully control all levels of the enterprise, provide instant access to key information such as management and finance, and share it with the entire enterprise and its branches.

SAP® Business One® strengthens business intelligence for enterprises by empowering enterprises in financial management, sales and customer management, purchasing, and inventory control. The platform adopts a set of cutting-edge methodology to simplify financial operations, increase profits, and reduce risks; it helps companies more efficiently supervise the complete sales process from customer initial contact to final sales, even after-sales service and support, and manage customer lifecycles. Companies can manage the entire process from order to payment, including receipts, invoices, tax returns, and payments, therefore optimizing the procurement process and control costs. In addition, with the help of SAP® Business One® analysis and reporting tools, managers can obtain timely, accurate, and comprehensive business data and reports, thereby establishing an efficient decision-making mechanism and bringing greater profits.

Shanghai Techsonic Information Technology Co., Ltd. was established in 2005 and has become an SAP Gold Partner since 2006. At the same time, Shanghai Techsonic is also one of the earliest consulting companies engaged in ERP software sales and service in China; the company is headquartered in Shanghai, with branches in Beijing, Guangzhou, Ningbo, Nanjing, Chongqing, Shenyang, and Changsha. At the same time, Shanghai Techsonic has overseas offices and support service centers to meet the business needs of domestic and foreign customers; Techsonic has served more than 1,600 enterprise-level users, including both international top 500 companies and a large number of domestic small and medium-sized enterprises. In addition, Techsonic has a development team of more than 40 people, providing professional overall corporate solutions and business consulting services for customers in different industries.

SAP was established in 1972 and its department is located in Walldorf, Germany. It has more than 60,000 employees in 130 countries around the world, and has a partner network covering 11,500 companies around the world. At the same time, SAP is one of the world's leading business process management software providers and is committed to developing advanced solutions to help companies efficiently process data across the enterprise and achieve seamless information flow.

Shanghai Thinktech is a chip supplier dedicated to the construction of intelligent application in the field of intelligent connected vehicles. The company adheres to the corporate development concept of "independent & controllable, safe & intelligent, trusted & interconnected", and is constantly studying on the road of independent innovation. The company has R&D capabilities of automotive-grade MCU with controllable production line. At the same time the company has an information security product system for Internet of Vehicles with completely independent intellectual property rights. The company’s independently developed Mizar series of security chips (M20/M300/M2000) are able to meet the needs of Information security requirements such as vehicle cloud certification, secure communication, ECU firmware signature and certification, on-board security CAN communication, private data storage, etc., which are required in the development of automotive intelligence and networking. At present, the products have been widely adopted by domestic and foreign Tier1 suppliers and automakers and applied to mass-produced models, including SAIC passenger car Marvel R, Immotors, GAC passenger car AION V, GAC passenger car M8, GM Buick new GL8 and so on.

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Shanghai Thinktech SAP ERP project signing and launching ceremony