Forge Data, Master Mangement
Pioneer of Integrated Management Systems and Data Models
YHWL is a joint venture established by Raisethink Inc and PCITC, with the management team composed of graduates from prestigious universities such as Tsinghua University, Peking University, and Beijing Jiaotong University.
The Chairman of YHWL, Xian Rong, and Deputy General Manager Yang Chenke, hail from Raisethink Inc and are its founders. Both are graduates of the Computer Science department at Tsinghua University. Xian Rong was the top scorer in the 1999 college entrance exam in Qinghai province, while Yang Chenke was third in Sichuan province in 2001, with full marks in mathematics. They are the main creators, architects, designers, and core module developers of the company’s major products: Fusion and X-Ray.
The General Manager of YHWL, Zhang Yongcheng, is the Vice President of PCITC, overall responsible for the implementation of the huge China Petroleum and Chemical Corporation (Sinopec) ERP consolidation project. The project has been in progress for over a decade with the goal of “business finance integration, three-stream integration”, and covers all domestic and overseas subsidiaries and branches of Sinopec. Sinopec’s ERP is the largest application case of SAP globally.
YHWL mainly has two product lines. Fusion focuses on solving various enterprises’ process management and execution collaboration issues. X-Ray, on the other hand, emphasizes solving the problems of data deposition within and outside the enterprise, modeling, continuous online mining of data value, and generating more optimized decision results through models.
Fusion focuses on process efficiency, and X-Ray on decision quality. YHWL believes that the problems of process efficiency and decision quality are the core needs of enterprise customers and the ultimate mission of enterprise application market services. They aim to directly solve these core issues of enterprise customers with these two systems and redefine the tools and methods for addressing these two types of problems in this broad market.
Starting with commodity trading, Fusion, derived from ETRM/CTRM systems, has long been one of the best tools in China and even the world for handling the full process of physical business and financial hedging operations in the trading field. It has mature core business execution functions and can calculate large-scale, high-difficulty risk metrics for core businesses. It can fully cover and manage financial trading, spot trading, inventory management, logistics execution, fund planning, settlement management, countersignature, and market risk management.
The evolution of Fusion has not stopped in the commercial field. After many years of modifications and evolutions, this system has completed a very solid basic structure for large management systems. It has powerful full-life-cycle business management capabilities for a broad spectrum of industries, suitable not only for large enterprises but also for small and medium-scale entrepreneurial teams.
Fusion has a dazzling customer group, including well-known domestic energy companies such as PetroChina and Sinopec, as well as many industry-leading companies. Among them, Unipec, as a subsidiary of Sinopec, holds a pivotal position in the petrochemical industry and once had the rights to use the absolute majority of VLCC oil tankers worldwide. Since 2020, Unipec has been using Fusion provided by YHWL for full field, full-life-cycle management of its business. To date, Fusion has firmly held the top position in the energy and chemical industry in China.
After two years of evolution, X-Ray, the other product line of YHWL, is about to become an excellent tool for large commodities and various universal field industries to mine data value, letting data and the management engine integrate to burst out stronger and more sustained energy. X-Ray faces an enterprise decision tool market that is larger and more directly useful than process execution, especially today when the value of data and models is fully recognized by all walks of life, it faces immeasurable development space.
X-Ray, with data management and model operations at its core, is extremely suitable for implementing data governance and model establishment in environments where the system quality is very poor or there is no system at all. Using X-Ray, you can continuously absorb all types of internal and external data online, model with Python, and endlessly mine data value.
The combination of Fusion and X-Ray can allow data and the management engine to merge and burst out stronger and more sustained energy, becoming a powerful tool to assist customers in digital transformation.
As the crystallization of cooperation between state-owned central enterprises and excellent technology-based private enterprises, YHWL bears a historical mission in the digital transformation of Chinese state-owned enterprises and central enterprises. It provides customers with industry-leading digital solutions and efficient risk management services, creating excellent commercial value.
Looking at the world, YHWL hopes to use these two systems, which have been tested in software engineering and have a deep historical accumulation, to reshape the tools and solutions for enterprise applications and redefine the most core tools and platforms in the enterprise application market. Through these two products, they aim to hit the core contradiction of the enterprise market and solve the core problems. They want these two products to become a cross-era product that helps enterprise customers achieve a quantum leap in management level and performance, and let the names of Fusion and X-Ray be remembered by history.
