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introduction:
In the summer of 2023, Novartis announced the completion of an A+round financing of nearly 100 million yuan. This round of financing will be invested separately by Zhenghan Investment and Xinrui Shares, and will mainly be used for the upgrade and iteration of the tool management software system, research and development investment in intelligent equipment, business expansion, team development, and brand promotion of Nuo'ewei.
The selection and management of cutting tools is a technical and delicate task, which is one of the key factors affecting the quality of machined products. Therefore, only the most professional and meticulous service can win the long-term trust of machining enterprises. Nuo Erwei's technical strength, service ability, and years of industry accumulation and reputation are the foundation for its long-term establishment and development in the field of domestic tool outsourcing management As a major machining country, China is one of the world's major markets for cutting tools, with an annual procurement volume of over 50 billion yuan. As the "teeth" of metal cutting, cutting tools are increasingly being focused on by the machining industry in improving product quality and production efficiency. As the giant wheels of the manufacturing industry ride the wave of high-speed digital technology development, industries related to digital tool management and intelligent management software and hardware are also ushering in a strong era dividend. However, most of the emerging tool management services in the market are deeply tied to brands or limited by customers' existing processes, or only focus on software and hardware, making it difficult to fully stand in the customer's position, coordinate digitalization and software and hardware with standard processes and services as the main line, and meet the fundamental needs of machining enterprises to improve quality and efficiency. At the end of 2018, Nuo Erwei was established in Suzhou with the aim of providing one-stop tool management outsourcing services for machining enterprises, systematically reducing their comprehensive cutting costs.
Nuoer has over 20 years of experience in tool manufacturing and application, and has accumulated technical barriers over the years. It has developed a set of standards for tool management package services, providing a complete set of tool management package services including software, hardware, and technical services.
During the acceleration period of growth, Novartis standardized the definition of each tool with 140 fields, forming a core barrier for data application. Based on data accumulation, industrial technology capabilities can assist machining enterprises in optimizing and improving, reducing costs, and increasing efficiency.
At the same time, we continue to improve and upgrade our independently developed tool management software system, closely connecting tool supply, operation management, and technical support. The system can provide numerous functions, such as intelligent selection of all brand cutting tools, inventory counting and warning, and online diagnosis of processing abnormalities.
Figure | Nuoer for System Architecture
When the software system is combined with intelligent hardware throughout the entire process (such as Nuo'ewei intelligent tool cabinet and MRO cabinet), multi terminal data exchange can be achieved, and enterprises can effectively improve efficiency and reduce manual operations through online collection and return, moving towards unmanned management.
Figure | Multi terminal data synchronization
So far, Novartis has successfully managed over 10000 types of components, saving customers a total of 30 million yuan in cutting costs annually. Our cooperative clients cover six major industries including automotive, aviation, medical, mold, engineering machinery, and general machinery, covering various parts of China such as East China, South China, and Central China. Over the past five years, Nuo Erwei's tool management, operation quality, and market promotion have gained increasing recognition from machining enterprises.
Image | Nuoer showcases for some customers
The era of extensive development and operation in China's manufacturing industry is gradually coming to an end, and the ability to operate with precision will increasingly become a key factor in determining the efficiency of machining enterprises. "The investor stated," We look forward to helping more and more machining enterprises improve their tool selection and management capabilities in the future, and continue to play a role in improving the overall efficiency of China's machining industry
Never give up hard work, never give up time.
We believe that this financing will inject strong momentum and solid financial support into the development of Nuo Er Wei, driving the company to a higher level. We will also provide our customers with higher quality products and services.
