Xintian Technology will have 2 million sets of smart meter production capacity next year
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Xintian Technology Electric Meter Testing Workshop
Xintian Technology believes that it will benefit from national policies such as the national one-for-one project, heating metering reform, energy saving and emission reduction, new urbanization, smart city, home intelligence, step water price, ladder electricity price, and ladder gas price. The smart meter market will also expand in the future. Therefore, it will continue to increase production of smart meters.
According to the information, at present, a number of projects of Xintian Technology have been completed or small-scale trial production, and are in the process of mass production, or the main addition to the product line next year. Specific "BS version smart meter integrated management system", "wireless remote transmission with gas meter control (optoelectronic direct reading, dual power supply)", "IC card meter controller", "MF1 card dry battery step water price meter," "DN15 Dry multi-beam remote transmission iron shell water meter." At the same time, "Solar Irrigation Collector", "Solar Irrigation Valve Controller", "Camera Direct Reading Device", "Split GSM Controller", "MF1 Cassette Wireless Remote Stepped Gas Price Gas Meter", "DN15/20/ Type 25II Wet Remote Iron Case Water Meter, F7100.PCB FCE00.TXTMF1 Card Ultrasonic Water Meter, etc. R&D status.
In addition, according to Xintian Technology's new actions this year, it has the intention to develop the Internet of Things industry. In November of this year, it plans to cooperate with the First Venture Capital Management Co., Ltd. (hereinafter referred to as “First Ventureâ€) to set up an “Innovative Planet Network Industry Fundâ€. The fund revolved around Xintian Technology's development strategy, with “Smart City, Smart Water, and Computer Software†as the main investment direction, to help Xintian Technology integrate industrial resources.
As of the third quarter of 2014, Xintian Technology's total operating revenue was 240 million yuan, an increase of 9.97% over the same period. The company’s 2014 annual report is expected to be released in February next year.