Smart watch faucet, innovative products lead to intelligent water meter revolution. Xintian Technology has more than ten years of R&D experience in the field of smart meters. The technology is mature and reliable, and the company has more than 400 patents and software copyrights. From the perspective of industry status, Xintian Technology's smart meter industry ranks first, and its market share reaches 10%. %. Xintian Technology launched the Internet mechanical water meter and APP interconnected meter reading system: using mechanical water meters to achieve smart meter function, set off a revolution in smart water meter industry! The smart meter's biggest advantage is accurate measurement, high efficiency, and saving manpower, but due to the price far Higher than conventional mechanical water meters, promotion resistance is greater. Xintian Technology's two new products cost only half as much as smart water meters; on-site installation takes only one minute, and mechanical water meters do not have to be removed or replaced. It is a revolution in meter reading for waterworks to thoroughly report the era of meter reading by others and improve the meter reading efficiency and economic efficiency of the management department.
In June of this year, Xintian Technology participated in the water-saving fund led by the Ministry of Water Resources with 200 million yuan to enter the wisdom of saving water. The smart water-saving field includes the use of Internet of Things technology to develop smart agriculture (water-saving irrigation), smart water (reasonable scheduling, and reducing the leakage rate of pipeline networks). Xintian Technology has pledged 200 million yuan to participate in the water conservation fund led by the Ministry of Water Resources, and jointly initiated the establishment of Beijing Guotai Water Saving Company (subscription of 4 million yuan, 4% equity participation) with a number of water companies, focusing on investment in water-saving markets . Based on the fact that the fund is led by the Ministry of Water Resources and the project resources of the Ministry of Water Resources are abundant, Xintian Technology is expected to become a supplier of project products and enter wisdom and water conservation.
Working with Schneider, Sangao, Alibaba Cloud, and China Mobile to jointly expand the smart water market. Focusing on information networking applications such as the Internet of Things, big data, and cloud platforms to conduct comprehensive cooperation, integrate multiple resources, and open up silos of information, and promote the company to further upgrade and upgrade the "Internet" smart energy cloud service platform based on smart meters and systems. . Xintian Technology's first goal is to achieve a leakage rate of 10% after the completion of the smart water transformation and it is expected to further decline to 5% in the future. At present, Xintian Technology is exploring the PPP cooperation model in the field of smart water services, and Xintian Technology has set up a dedicated smart water division and a wholly-owned subsidiary specializing in exploring the smart water market. Schneider, the partner, has 35 years of experience in smart water management. He is a global energy management expert and has extensive experience in smart water management. He reduced the leakage rate of the British water company from 30% to 40% to 10%.
Smart watch growth, cut into the huge market of smart water-saving business. Considering the volume of Xintian Technology Smart Gas Meter, the net profit for the 15th and 16th is expected to reach 1.3 and 170 million yuan. The current market value of 3.1 billion yuan. On the basis of the traditional advantageous business intelligence meter, the company subscribed for 200 million yuan to participate in the first phase of the 720 million yuan water-saving fund led by the Ministry of Water Resources and actively entered the 100 billion-class smart water-saving market. The traditional main business can grow and the new business can increase its capacity. Based on this, for the first time to give overweight rating!
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