On July 20, 2020, Honeywell and Shangong Shenbei (Group) Co., Ltd. held a strategic cooperation signing ceremony in the conference hall of Shanghai Municipal Government, and Honeywell will use the advantages of the Internet of Things and automation solutions to empower Shangong Shenbei, help intelligent manufacturing upgrades, and create intelligent logistics and warehousing management. This is also a new round of cooperation exploration that the two sides have actively started after Honeywell announced cooperation with Shanghai Shensi, a subsidiary of Shangong Shenbei, in the field of smart logistics at the 2019 CIIE.