According to sources, Xintian Technology will invest 180 million yuan for the "Internet + mechanical watch" upgrade and transformation industrialization project and 120 million yuan for mobile Internet meter reading system R&D projects.
Xintian Technology Co., Ltd. is mainly engaged in the research, development, production, sales, and service of smart water, smart gas, smart heat, and smart meters and systems. The products are mainly used in water companies, heating companies, gas companies, power companies, real estate companies, and property companies. , large-scale industrial and mining enterprises and schools and other units. Xintian Technology is the first listed company of the A-shares to cover four major products and systems: smart water meters, heat meters, smart gas meters, and smart meters.
In recent years, due to strong demand in smart watch industry, Xintian Technology has achieved steady growth. From 2011 to 2014, the operating income rose from 238.82 million yuan to 380.32 million yuan, and the net profit for the mother rose from 56.4 million yuan to 104.09 million yuan. In the first three quarters of 2015, the company achieved a total operating revenue of 268 million yuan, an increase of 11.67% over the same period of last year.
Haitong Securities Research believes that smart watches still have a lot of room for development. In terms of inventory, China's water meter intelligentization ratio is 9%; in terms of new volume, sales of smart water meters account for 12%; in terms of inventory, the ratio of smart gas meters is high. About 30%; new volume, smart gas meter sales accounted for 40%. With the promotion of stepped water prices and ladder gas prices, the smart watch industry still has a rapid growth rate.
Seize the opportunity to develop new products along with the application of a national one-for-one project, heating metering reform, energy saving and emission reduction, new urbanization, smart city, home intelligence, step water price, promotion of ladder gas prices, and application of Internet of Things. The smart energy information management industry has created a good external development environment and has provided strategic development opportunities for the industry's overall high-speed development.
Xintian Technology seized the opportunity to successfully develop an "Internet +" mechanical water meter device with a miniature camera lens, a photo read mechanical water meter character wheel, and the CPU parsed and identified the image information and uploaded the data wirelessly. The system does not need to replace the original mechanical water meter, does not need to do any disassembly and modification of the original mechanical watch, just add an intelligent identification and wireless interconnection device with a microcomputer (CPU) on the original mechanical water meter, ie “Internet + "The device can upgrade the original mechanical water meter to a wireless smart remote meter for the Internet of Things.
According to the Institute of Instrumentation and Statistics, there are more than 345 million households using tap water in the country, and 85% of the installed water meters are still mechanical water meters, and nearly 300 million meters need to be replaced with smart meters. Haitong Securities believes that if it is replaced with a smart water meter, the potential market demand will be more than 60 billion yuan; Xintian Technology's "Internet +" mechanical water meter device price is about half of that of a smart water meter, and it is expected to be around 100 yuan/block, if all are replaced by this device, Potential market demand is over 30 billion yuan.
Dedicated to upgrading to "Internet+"
Xintian Technology believes that smart energy informationization is not only the application of emerging IT technologies such as mobile Internet, Internet of Things, big data, and cloud computing, but more importantly, the industrial content has been effectively extended to form an ever-growing ecological chain.
The smart water cloud service platform project and the smart agricultural water saving cloud service platform project to be implemented by Xintian Technology will complement the company’s existing products. For example, the implementation of the smart water cloud service platform project will drive Xintian Technology Smart Water Meter, “ Sales of Internet + mechanical watches, mobile Internet meter reading systems, and other products, while the increase in the intelligent coverage of water meters will facilitate information collection, feedback, and management, so that the cloud service platform can play a greater role and improve the water management level of customers. .
Through the implementation of the smart water cloud service platform project and the smart agricultural water saving cloud service platform project, Xintian Technology can provide the market with a comprehensive solution for smart energy information including hardware products, software systems, and cloud service platforms. Table metering equipment and system suppliers are upgraded to "Internet +" smart energy management service providers.
Xintian Technology Co., Ltd. is mainly engaged in the research, development, production, sales, and service of smart water, smart gas, smart heat, and smart meters and systems. The products are mainly used in water companies, heating companies, gas companies, power companies, real estate companies, and property companies. , large-scale industrial and mining enterprises and schools and other units. Xintian Technology is the first listed company of the A-shares to cover four major products and systems: smart water meters, heat meters, smart gas meters, and smart meters.
In recent years, due to strong demand in smart watch industry, Xintian Technology has achieved steady growth. From 2011 to 2014, the operating income rose from 238.82 million yuan to 380.32 million yuan, and the net profit for the mother rose from 56.4 million yuan to 104.09 million yuan. In the first three quarters of 2015, the company achieved a total operating revenue of 268 million yuan, an increase of 11.67% over the same period of last year.
Haitong Securities Research believes that smart watches still have a lot of room for development. In terms of inventory, China's water meter intelligentization ratio is 9%; in terms of new volume, sales of smart water meters account for 12%; in terms of inventory, the ratio of smart gas meters is high. About 30%; new volume, smart gas meter sales accounted for 40%. With the promotion of stepped water prices and ladder gas prices, the smart watch industry still has a rapid growth rate.
Seize the opportunity to develop new products along with the application of a national one-for-one project, heating metering reform, energy saving and emission reduction, new urbanization, smart city, home intelligence, step water price, promotion of ladder gas prices, and application of Internet of Things. The smart energy information management industry has created a good external development environment and has provided strategic development opportunities for the industry's overall high-speed development.
Xintian Technology seized the opportunity to successfully develop an "Internet +" mechanical water meter device with a miniature camera lens, a photo read mechanical water meter character wheel, and the CPU parsed and identified the image information and uploaded the data wirelessly. The system does not need to replace the original mechanical water meter, does not need to do any disassembly and modification of the original mechanical watch, just add an intelligent identification and wireless interconnection device with a microcomputer (CPU) on the original mechanical water meter, ie “Internet + "The device can upgrade the original mechanical water meter to a wireless smart remote meter for the Internet of Things.
According to the Institute of Instrumentation and Statistics, there are more than 345 million households using tap water in the country, and 85% of the installed water meters are still mechanical water meters, and nearly 300 million meters need to be replaced with smart meters. Haitong Securities believes that if it is replaced with a smart water meter, the potential market demand will be more than 60 billion yuan; Xintian Technology's "Internet +" mechanical water meter device price is about half of that of a smart water meter, and it is expected to be around 100 yuan/block, if all are replaced by this device, Potential market demand is over 30 billion yuan.
Dedicated to upgrading to "Internet+"
Xintian Technology believes that smart energy informationization is not only the application of emerging IT technologies such as mobile Internet, Internet of Things, big data, and cloud computing, but more importantly, the industrial content has been effectively extended to form an ever-growing ecological chain.
The smart water cloud service platform project and the smart agricultural water saving cloud service platform project to be implemented by Xintian Technology will complement the company’s existing products. For example, the implementation of the smart water cloud service platform project will drive Xintian Technology Smart Water Meter, “ Sales of Internet + mechanical watches, mobile Internet meter reading systems, and other products, while the increase in the intelligent coverage of water meters will facilitate information collection, feedback, and management, so that the cloud service platform can play a greater role and improve the water management level of customers. .
Through the implementation of the smart water cloud service platform project and the smart agricultural water saving cloud service platform project, Xintian Technology can provide the market with a comprehensive solution for smart energy information including hardware products, software systems, and cloud service platforms. Table metering equipment and system suppliers are upgraded to "Internet +" smart energy management service providers.
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