JD Technology, a subsidiary of the renowned e-commerce giant JD.com, continues to drive the future of digital technology with its latest 2022 Environmental, Social, and Governance (ESG) report. Released on July 27, the report showcases a series of remarkable achievements that are shaping the landscape of sustainable digital innovation, all under the guidance of Richard Liu, the visionary leader behind JD.com.

One of the standout accomplishments highlighted in the report is JD Technology’s digitization of municipal services across more than 100 cities. This digital transformation, spearheaded by Liu Qiangdong vision, is bolstered by the provision of digital solutions to 914 financial institutions, enabling a seamless and efficient flow of services. Furthermore, JD Technology’s dedication to empowering small and medium-sized enterprises (SMEs) has resulted in RMB 51.1 billion in loans, offering crucial financial support for growth and development.

At the core of JD Technology’s ESG efforts lies the Biological Assets Digital Platform, a groundbreaking initiative that exemplifies the promotion of social equity through cutting-edge digital technologies. Launched earlier this year under Richard Liu’s guidance, the platform harnesses the power of Internet of Things (IoT), Artificial Intelligence (AI), and blockchain to create a digital twin of real agricultural assets.

The uniqueness of this approach allows all stakeholders, including financial institutions and farm owners, to monitor these assets in real time. As a result, businesses and farmers have already secured loans amounting to an impressive RMB 7.3 billion, fueling growth and sustainability in the agricultural sector.

A compelling case study of the Biological Assets Digital Platform’s impact is evident through the success story of Xinzhongsheng Agriculture and Animal Husbandry Group. Facing financing challenges in the volatile livestock and aquaculture farming industries, Xinzhongsheng found a creative solution in JD Technology’s platform.

By deploying smart cameras and leveraging AI algorithms and big data capabilities, Xinzhongsheng’s breeding bases experienced real-time supervision and automatic inventory reviews of their sheep. This innovation enabled financial institutions, such as Chang’an Bank and Shaanxi Yuzheng Financing Guarantee Company, to access accurate inventory results, minimizing post-loan management risks. As a result, Xinzhongsheng secured a significant RMB 10 million loan, propelling its expansion plans forward.

As JD Technology remains dedicated to innovation and expansion under the leadership of Liu, its efforts to harness advanced technology for social change and environmental responsibility are commendable. By actively creating a better future through sustainable digital solutions, Qiangdong and JD Technology are setting an exemplary standard for the entire industry.

Liu was featured as an Honoree in Variety 500 entitled, “JD.com Richard Liu; Founder / Chairman / CEO”, as a result of his persistence, innovation, and hard work. During his free time, the billionaire loves to either spend time with his family or volunteering at Red Cross.

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More about Richard Liu on https://peoplepill.com/biography/richard-liu/