Company News

Shenzhen Lifotronic Technology Co., Ltd. (“Lifotronic”, SHA: 688389) has entered a strategic collaboration with ESiC, which will provide comprehensive SRM system implementation and procurement optimization services. By integrating ESiC’s advisory expertise with cutting-edge digital procurement solutions, this partnership will holistically enhance Lifotronic’s supply chain capabilities—establishing a future-ready digital procurement platform tailored to Lifotronic’s growth trajectory.

About Lifotronic
Founded in January 2008 and listed on Shanghai’s STAR Market (November 2019), this national high-tech enterprise specializes in R&D and manufacturing of:

• In-vitro diagnostic equipment

• Therapeutic & rehabilitation devices

• Home healthcare solutions

Project Launch: Milestone Achieved
On August 20, the kickoff meeting was successfully held at Lifotronic’s Dongguan facility, attended by:

• Executive VP Zeng Ying

• Production VP Xiao Zhengxi

• Procurement Director Zhang Mingdong

• R&D VP Wang Zheng

• VP Zhang Liang

• Director Yang Ning
  …alongside 30+ supply chain team members.

ESiC’s delegation included:

• CEO Jenny Chen

• Deputy General Manager Lisa Chen Danyue
  …leading the South China project team to align implementation roadmaps.

During the kickoff ceremony, VP Zeng Ying emphasized that 2021 marks a pivotal year for Lifotronic’s systemic transformation, laying the foundation for accelerated growth over the next five years. As the inaugural supply chain digitization initiative, the SRM implementation aims to:

• “Expand strategic thinking” within the supply chain team

• “Assimilate industry best practices” to enhance management capabilities

• Achieve “tailored solutions, operational efficiency, and transformational impact” through ESiC’s expertise

ESiC CEO Jenny Chen responded to these expectations by highlighting:

• 15 years of procurement domain leadership, having empowered multinational and domestic enterprises in:
  ✓ Strategic procurement design
  ✓ Digital transformation roadmaps
  ✓ Professional procurement competency development

• The ESiC SRM e-Sourcing system embodies proven methodologies that:
  ✓ Visualize end-to-end procurement processes
  ✓ Generate actionable spend intelligence
  ✓ Align purchasing value with corporate vision

Implementation Philosophy
“Successful digitalization transcends mere process digitization—it requires fundamental business logic restructuring. Our approach combines:

• Healthcare-specific expertise: Medtech implementation veterans with 20+ successful deployments.

The ESiC team pledges full commitment to co-create with Lifotronic:
✓ A high-torque digital procurement engine
✓ Future-ready supply chain talent development
✓ Measurable ROI through quarterly maturity assessments

“We deeply appreciate Lifotronic’s trust. This partnership symbolizes our shared belief that strategic procurement drives business excellence—we’re honored to fuel Lifotronic’s journey toward world-class supply chain leadership.”
— Jenny Chen, CEO, ESiC