A subsidiary company of DC Holdings has successfully won the bid to construct the safety monitoring system for large and medium-sized reservoirs in Jilin Province, with a contract value of nearly 30 million yuan. DC Holdings will utilize its mature digital twin intelligent water conservancy solution to provide smart safety assurance for large and medium-sized reservoirs in Jilin Province. Multiple media outlets have reported on this, including the following report from China Development Net, which is sponsored by the National Development and Reform Commission and operated by the China Development and Reform Newspaper:
DC Holdings Won the Bid for Jilin Province's Intelligent Water Conservancy Project
Empowering the Construction of Digital Twin Water Conservancy
Recently, the bid results for the construction project of the safety monitoring system for large and medium-sized reservoirs in Jilin Province were announced, with a subsidiary company of DC Holdings successfully winning the bid. DC Holdings will leverage its mature digital twin intelligent water conservancy solution to provide smart safety assurance for large and medium-sized reservoirs in Jilin Province, realizing full coverage of safety monitoring, water and rain monitoring, and video surveillance for 94 large and medium-sized reservoirs in the province, as well as a pilot project for the digital twin of the Shahe Reservoir. The contract value is nearly 30 million yuan, and the project is scheduled to be delivered by the end of this year.
It is noteworthy that the funding for this project is entirely from government bonds and provincial financial supporting funds. A significant portion of the funds come from the 1 trillion yuan special treasury bonds issued by the State Council in the fourth quarter of 2023, specifically for "supporting post-disaster recovery and reconstruction and building up capacity for disaster prevention, mitigation, and relief." Furthermore, the 2024 Government Work Report proposes issuing ultra-long-term special national debt for several consecutive years, dedicated to national major strategic implementation and key area security capacity building, with an initial issuance of 1 trillion yuan this year. Ample funding sources provide assurance for local development in related fields and offer vast market space for capable enterprises like DC Holdings, further boosting market confidence.
DC Holdings has long been engaged in the digital construction across various industries in cities, with a clear advantage in resource capacity in the field of intelligent water conservancy, especially in digital twin technology. It has consistently ranked first among the Top 50 providers of digital twin solutions for two consecutive years. Its comprehensive intelligent water conservancy solution, centered around the digital twin platform, enables "digital mapping, intelligent simulation, and precision decision-making" through the construction of data substrates, model platforms, and knowledge platforms. This capability provides massive data support for intelligent water conservancy, facilitating all-element forecasting, early warning, simulation, and decision-making. Additionally, DC Holdings has developed a smart application platform tailored to flood control and disaster reduction, engineering safety, water supply scheduling, inspection and maintenance. This platform boosts water management efficiency, enhances flood control measures, improves water quality, and strengthens risk management capabilities. The construction of digital twin basins and digital twin engineering is a crucial step in promoting high-quality development in the new stage of water conservancy, and a significant indicator for enhancing the scientific, precise, and efficient decision-making and management capabilities of water conservancy. The safety monitoring system for large and medium-sized reservoirs in Jilin Province, which has recently been awarded, constitutes a part of the data construction in digital twin water conservancy engineering and is an urgent requirement for the informatization construction of water conservancy in Jilin Province.
Recently, due to the impact of extreme weather, frequent floods and droughts have occurred across the country, resulting in significant economic losses. Advancing disaster prevention and reduction infrastructure construction across all sectors and enhancing the level of infrastructure informatization and digitization will effectively reduce disaster risks, further safeguarding the safety of people's lives and property. As treasury bonds are gradually in place, the construction progress of various constructions will further accelerate. The relevant person in charge of DC Holdings stated that the company will fully participate in the project construction, live up to the trust of all parties, fully leverage its strengths in digital construction, and contribute to national security and economic and social development.