Nanjing Iron & Steel and Sinovatio Jointly Unveil the “Audit and AI Integration Innovation Joint Laboratory”

On January 21, the unveiling ceremony of the "Audit and AI Integration Innovation Joint Laboratory", jointly built by Nanjing Iron & Steel Co., Ltd. and Sinovatio, was successfully held at Sinovatio’s Nanjing headquarters. Ma Yuntao, Deputy Minister of the Audit Department, Zhu Liang, Director of the Digital Audit Office of Nanjing Iron & Steel, together with Liu Tao, General Manager of the Data Operation Product Line, Shuai Yuanxue, General Manager of Nanjing Government and Enterprise Sales Center, Wu Fan, Minister of the Data Operation Planning System Department of Sinovatio, and other core team representatives from both sides attended the ceremony to witness the official launch of the strategic cooperation.

The official unveiling of the joint laboratory marks that the cooperation between the two parties in the field of audit digital innovation has entered a new stage of in-depth industry-research integration and collaborative innovation. It effectively breaks the barriers between technological R&D and industrial scenario implementation, injecting strong momentum into the intelligent, refined and digital transformation of audit work in the steel manufacturing industry.

Two-way Empowerment of AI-enabled Audit, Consolidating the Foundation for In-depth Cooperation

As artificial intelligence technology fully empowers industrial digital transformation, traditional audit models face efficiency and accuracy bottlenecks. Enterprises have increasingly urgent demands for intelligent, automatic and accurate audit upgrading, and the in-depth integration of AI and audit scenarios has become a core trend for risk control upgrading of industrial enterprises.

As a benchmark enterprise in the domestic steel industry, Nanjing Iron & Steel continuously promotes industrial digital transformation and actively explores innovative applications of AI technology in audit and risk control. It has built a full-domain risk control management platform targeting "strengthening internal control, preventing risks and promoting compliance". With mature digital audit practices, it has been selected for many national-level digital benchmark cases, accumulating rich industrial audit scenario experience and business implementation foundations.

As a state-controlled high-tech enterprise, Sinovatio has long been deeply engaged in big data, artificial intelligence and industrial digital audit tracks. It independently builds an integrated digital audit solution covering "audit operation system + audit analysis system + audit AI brain". Relying on the full OceanMind digital product system, the company has solid technical accumulation and rich implementation experience in industrial audit, intelligent risk control and data governance. Its technical architecture and product capabilities highly match the industrial audit business needs of Nanjing Iron & Steel, laying a solid foundation for in-depth industry-research integration and scenario innovation.

Empowering Industry-Research Integration to Solve Industrial Audit Challenges

The newly established joint laboratory focuses on three core directions: AI technology R&D, intelligent tool implementation and scenario adaptive optimization for industrial audit scenarios. It carries out work focusing on four key priorities: joint innovation of digital audit technologies, in-depth product scenario adaptation, industrial scenario verification and iterative optimization of business demands.

Leveraging Nanjing Iron & Steel’s rich industrial business scenarios, massive real business data and comprehensive risk control management system, combined with Sinovatio’s advantages in AI algorithms, big data analysis and intelligent audit products, the laboratory targets the R&D of practical technologies such as unstructured document intelligent processing, multi-scenario violation identification and AI-assisted audit workflow. It continuously breaks data barriers of Nanjing Iron & Steel’s full-domain risk control platform to realize data interconnection, capability co-construction and scenario sharing. The laboratory promotes the comprehensive upgrading of enterprise audit mode from traditional ex-post verification to full-cycle risk control featuring pre-judgment, in-process management and post-review, greatly improving audit efficiency, accurately avoiding operational and compliance risks, optimizing enterprise governance systems, and empowering high-quality enterprise development with intelligent technology.

Building a Closed-Loop Innovation Model to Create a New Industry Audit Benchmark

The highlight of this cooperation is the construction of a closed-loop industry-research innovation model of "technology R&D - scenario verification - iterative optimization", realizing two-way empowerment and iteration of technology and business. Sinovatio provides mature intelligent audit systems, AI security algorithms and professional technical teams to deeply adapt to complex audit scenarios in the steel industry. Nanjing Iron & Steel opens real business scenarios, core business data and front-line audit demands, verifying technical practicality through industrial application and driving continuous product iteration and optimization, forming a replicable and promotable industrial AI audit innovation system.

After the unveiling ceremony, the two parties immediately held the first special seminar of the joint laboratory. The in-depth exchanges and consensus building on core topics such as AI audit technology implementation, scenario innovation, product adaptation and annual work planning clarified the subsequent R&D direction and implementation rhythm, laying a solid foundation for long-term in-depth cooperation.

Deepening Long-Term Collaboration to Empower Industrial Audit Digital Upgrading

In the future, relying on the joint laboratory as the core innovation carrier, both parties will further deepen the integrated innovation of audit business and artificial intelligence technology, give full play to respective advantages in industry, technology and scenario resources, and realize all-round collaborative empowerment of technological breakthroughs, product upgrading and business improvement. The innovative achievements of the laboratory will not only help both parties consolidate core competitiveness, but also provide mature practical examples and innovative references for the digital transformation of audit work in the steel industry, high-end manufacturing and various physical enterprises. It will continuously lead the intelligent upgrading of industrial audit and promote the overall industrial compliance, risk control and digital development to a new level.

About Nanjing Iron & Steel Co., Ltd.

Founded in 1958, Nanjing Iron & Steel Co., Ltd. is the cradle of Jiangsu’s iron and steel industry and a vice chairman unit of the China Iron and Steel Industry Association. After more than 60 years of development, it has grown into a national high-tech enterprise with an annual production capacity of ten million tons of high-quality special steel. As a leader in the digital transformation of the steel industry, adhering to the strategy of "digitalizing all businesses and commercializing all digital resources", Nanjing Iron & Steel has built 1 national intelligent manufacturing demonstration factory, 2 provincial-level intelligent factories, 1 provincial-level industrial internet benchmark factory and 7 provincial-level demonstration intelligent workshops, accumulating profound practical experience in the integration of AI technology and full-process industrial business.