iFlytek Wins Smart Bidding Project for China Energy, Intelligent Review System Cuts Costs by Over RMB 100
In July 2026, iFlytek won the bid for the Smart Bidding System Research and Application Development Project from China Energy Group's Data Technology Branch. The company will build an intelligent system covering the full bidding process, from document preparation to expert review. Since 2022, the joint intelligent review system has processed over 210,000 projects with 97% accuracy, saving more than RMB 100 million in annual labor costs and generating RMB 4 billion in indirect economic value.
In July 2026, iFlytek won the bid for the China Energy Group Materials Co. , Ltd. Data Technology Branch project, "Smart Bidding System Research and Application Development." The two parties will build an intelligent system covering the entire process, including bidding document preparation, bid response, bid evaluation generation, and expert review. China Energy Group is the world's largest coal producer, with business covering eight major sectors including coal, thermal power, and new energy. The group processes more than 140,000 procurement projects annually, involving 1,385 purchasers and over 200,000 quotation documents.
Since the cooperation began in 2022, the intelligent review system for procurement projects jointly developed by iFlytek and China Energy Group has become the first commercially operational intelligent review system in China. The system has stably processed over 210,000 projects, achieving a 97% intelligent review accuracy rate. The unmanned review rate for non-tender procurement inquiry notices exceeds 89%, saving more than RMB 100 million in annual labor costs and generating RMB 4 billion in cumulative indirect economic value.
Related capabilities have been deployed to government agencies such as the Hefei and Guangzhou public resource trading centers, covering more than ten industries including power grids, energy, and chemicals, with cooperation with central state-owned enterprises such as China Huadian and China Datang. The "Qingtian Large Model" jointly built with the Hefei Public Resource Trading Center covers 24 categories of engineering procurement and was recognized as a national development and reform commission "Artificial Intelligence+" distinctive demonstration case.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Artificial Intelligence, with intensity 70/100 and 80% confidence over a short term horizon.
Artificial Intelligence
- Direction
- positive
- Intensity
- 70
- Confidence
- 80%
- Horizon
- Short term
Enterprise Software
- Direction
- positive
- Intensity
- 60
- Confidence
- 75%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.