New Year Greetings from Shanghai Yiwan Ship Equipment Co., Ltd.

In the past year, we have spent time together, weathering storms side by side. We have held firm to our beliefs and continued to move forward. Despite the unpredictable environment, we have maintained our steadiness and patience.

The Yangtze River Estuary Navigation Administration held a work meeting for 2025.

On January 6, the Yangtze River Estuary Navigation Administration held its 2025 work meeting in Shanghai. The meeting was guided by Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era, and aimed to deeply study and implement the spirit of the 20th National Congress of the Communist Party, the second and third plenary sessions of the 20th Central Committee, and the Central Economic Work Conference. It earnestly carried out the deployment requirements of the National Transportation Work Conference, the Yangtze River Navigation Work Conference, and the Yangtze River Navigation Administration Work Conference, comprehensively summarized the work of 2024, analyzed the current situation, clarified the development direction, and deployed the work tasks for 2025.

Leveraging Shanghai's Advantages to Promote Stable Economic Growth: Meeting of the Shanghai Municipal People's Congress Standing Committee Held

The 18th meeting of the 16th Standing Committee of the Shanghai Municipal People's Congress will be held starting December 30. The Deputy Secretary of the Municipal Party Committee and Mayor Gong Zheng will report on the city's economic and social development situation. The Director of the Municipal People's Congress Standing Committee, Huang Lixin, will preside over the plenary meeting.

New Breakthrough in Remote Monitoring Technology for Ship Electrical Equipment

In the current rapid development of Internet of Things technology, significant progress has been made in the field of remote monitoring of ship electrical equipment. A pioneering technology company has developed a brand new remote monitoring system that utilizes low Earth orbit satellite communication technology, breaking the limitations of traditional nearshore monitoring and achieving precise collection and transmission of real-time data from ship electrical equipment on a global scale. Crew members onshore can check the operational status of the ship's electrical equipment at any time through their mobile phones or computers, including key parameters such as voltage, current, and temperature. In the event of an anomaly, the system immediately initiates intelligent analysis, which not only accurately locates the fault point but also allows for remote control of backup equipment for emergency activation, ensuring the safety of the ship's navigation. Currently, this system has been piloted in deep-sea fleets, effectively reducing ship maintenance downtime by over 40%, attracting international shipping giants to extend cooperation offers, and is expected to reshape the global ship operation and maintenance management model.

The safety standards for marine electrical equipment have been upgraded again.

As shipping safety requirements become increasingly stringent, the International Maritime Organization (IMO) has released a new version of the safety standards for ship electrical equipment. The new standards impose higher requirements on aspects such as fire prevention, explosion protection, and insulation performance of electrical equipment. For example, it stipulates that the fire resistance rating of marine cables must be raised by two levels to enhance the safety of ships in fire incidents. Global shipbuilding and electrical equipment manufacturing companies are responding by investing significant resources into product modifications and upgrades to ensure compliance with the new regulations. This will lead to a reshuffling of the entire ship electrical equipment industry, with weaker companies facing elimination, while leading firms are expected to further consolidate their market position through technological advantages.

Breakthroughs have been made in the core technology of domestic ship electrical equipment.

After years of hard work by the research team, China has made significant breakthroughs in the key core technology field of ship electrical equipment. The independently developed high-power marine inverter has broken the foreign technology monopoly and successfully solved key problems in ship power propulsion systems. This inverter not only meets international advanced performance standards but also reduces costs by about 30% compared to imported products, giving the domestic ship electrical equipment industry a competitive advantage. It has already been installed and applied on several large domestic ships, with stable operational performance highly recognized by shipbuilding companies, marking a solid step forward in the localization process of China's ship electrical equipment.

The wave of intelligent upgrades for ship electrical equipment is coming.

In the trend of digital transformation, the intelligent upgrade of ship electrical equipment has become a focus in the industry. Many companies are increasing their R&D investments, and a series of intelligent products have been launched. For example, intelligent ship motors are equipped with automatic fault diagnosis and early warning functions. Once potential fault risks are detected, they can immediately send alerts to the crew and provide suggestions for fault resolution. At the same time, by integrating with the ship's central control system, remote control is achieved, greatly enhancing the safety and convenience of ship operations. Many shipowners are placing orders to accelerate the replacement process of outdated ship electrical equipment.

The meeting for the launch of the special pilot project for reducing costs, improving quality, and increasing efficiency in transportation logistics was held in Guangxi.

On December 18, a meeting was held in Nanning to launch the special pilot project for promoting the high-quality development of the Western Land-Sea New Corridor's river-rail-sea intermodal transport. This event was organized by the Department of Transportation of the Guangxi Zhuang Autonomous Region, the Chongqing Municipal Transportation Committee, and the Department of Transportation of Sichuan Province, with the Guangxi Beibu Gulf International Port Group Co., Ltd. as the host. The meeting aimed to implement the Ministry of Transport's requirements for reducing costs and improving quality and efficiency in transportation logistics, and to ensure the smooth execution of the special pilot tasks for building a strong transportation nation.

In November, China's economic operation showed four major characteristics.

On December 10, the China News Service reported from Beijing (Reporter Zhao Jianhua) that the State Taxation Administration of China released data on value-added tax invoices, indicating that the Chinese economy continues to show signs of recovery and improvement, driven by a series of existing and new policy measures.

At the fourth work symposium on the construction of the "Belt and Road Initiative," Xi Jinping emphasized the need to strengthen strategic confidence, take on responsibilities, and comprehensively promote the high-quality development of the "Belt and Road Initiative."

Xinhua News Agency, Beijing, December 2 - On December 2, General Secretary of the Communist Party of China Central Committee, President, and Chairman of the Central Military Commission Xi Jinping attended the fourth work symposium on the Belt and Road Initiative in Beijing and delivered an important speech. He emphasized that in the current severe and complex international environment, promoting high-quality development of the Belt and Road Initiative presents both opportunities and challenges, but overall, opportunities outweigh challenges. We must strengthen our strategic confidence, maintain strategic stability, be courageous in shouldering responsibilities, and create a brighter future for the Belt and Road Initiative.