NISCO reports over RMB 100 million in annual savings from Huawei AI system
Overview
Nanjing Iron & Steel (NISCO) says its Yuanye AI system, developed with Huawei and introduced in June 2025, has cut its annual costs by more than RMB 100 million (USD 15 million).
The company announced the figure on October 23 and said it did not provide a breakdown of how the savings were calculated. NISCO also reports a 50% reduction in R&D cycles for new products.
Yuanye combines AI models with metallurgical expertise and real-time production data to turn model predictions into production decisions that respect manufacturing constraints. NISCO says it has deployed more than 300 AI models and 25 business agents, plus over 1,000 low-code agents and lightweight applications built by frontline employees.
NISCO reports prediction accuracy above 90% for blast furnace temperature forecasts, and a rise in rolling force hit rates from 88% to 98%.
Written by AI from the articles below · updated Oct 27, 12:30 AM ET
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- KrASIA · Big TechNewsNISCO reports over RMB 100 million in annual savings from AI rollout with Huawei
AINanjing Iron & Steel (NISCO) says its AI deployment with Huawei has cut annual costs by more than RMB 100 million (USD 15 million) and halved R&D cycles for new products. The company has deployed more than 300 AI models and 25 business agents under its Yuanye system, which combines AI models with metallurgical expertise and real-time production data. NISCO reports prediction accuracy above 90% for blast furnace temperature forecasts and a rise in rolling force hit rates from 88% to 98%.
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