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[Chinese instrument network enterprise weather vane] On March 27th, Jiangxi Sanchuan Water Meter Co., Ltd. announced the 2014 annual report. The report shows that in 2014, Sanchuan Co., Ltd. realized operating revenue of 691,933,400 yuan, an increase of 3.21%; operating profit of 14,781.67 million yuan, an increase of 15.81%; and net profit attributable to shareholders of listed companies was 12,542.63 million, an increase of 24.31%.
In 2014, Sanchuan Co., Ltd. vigorously launched the development and production of smart water meters, established smart water meter business development and marketing service team, and explored and innovated in the business model, and actively explored large customers and high-end customers. Its self-selling smart watch and last year Compared with the same period of increase of 42.89%.
During the reporting period, the company sold 9,179,900 water meters, revenue from water meter sales was 587,100,900 yuan, income from water meter accessories, water operations, software, and other operations was 11,083.25 million yuan, and operating income totaled 679,933,400 yuan, an increase of 3.21% year-on-year; operating profit was realized. 14,781.67 million yuan, a year-on-year increase of 15.81%; the net profit attributable to shareholders of listed companies was 12,542.63 million yuan, a year-on-year increase of 24.31%, and the business objectives set at the beginning of the year were fully completed.
At the end of the year, the company stocked 534,400 water meters, an increase of 59.33% year-on-year. The company's production of water meters has a certain period. In order to more quickly respond to customer orders and shorten the supply period, the company has appropriately increased inventory stocking. In addition, the company implements the payment and delivery policy for the base table business and distributor business. Some of these businesses have been ordered and stocked at the end of the year. However, due to the fact that the customer's money has not yet been shipped, temporary stocks will be formed.
During the reporting period, Sanchuan Co., Ltd. independently researched and developed the optoelectronic watch product series to better meet the market demand; increased the development of wireless meter reading systems and modules, and basically built a smart watch, control system, and wireless network transmission trinity. The measurement and data application platform has enhanced the company's core competitiveness; in cooperation with China Mobile, it has pioneered the launch of the Internet of Things meter in the country and achieved technological and product innovation. The company developed the Internet of Things meter using China Mobile's wireless communication module and Internet of Things private network, integrated into the company's management terminal and real-time control, switching valve and other technologies, integrates the main functions of all intelligent water meters on the market (including ladder pricing, remote Control, pre-paid, GPRS positioning, power-off shut-off valve, abnormal warning, etc.), and at the same time led the industry to transform the communication technology and methods from wired to wireless, and took the initiative to better integrate the company's products and technologies into the mobile Internet of Things. Because of its easy installation and low maintenance costs, it is suitable for the intelligent modification of all water meters in the area where there are wireless communication signals, and the user response is very good. At the same time, the company's self-developed fully automatic intelligent calibration machine was officially put into use, which reduced labor intensity, improved ergonomics, and resulted in more accurate calibration results.
During the reporting period, in order to realize the transformation and upgrading of business models, a research and development platform for smart water management systems was rapidly established to enhance the company’s IoT technology R&D capabilities and related control software development levels, and to provide technical support for the company’s products to be transformed in the direction of intelligence and informationization. The company controlled the Hangzhou Sanchuan Guode IOT Technology Co., Ltd. (this company is a software company providing products and services for the informatization construction of the water supply industry) through the capital increase; and signed “Intelligent Water Affairs and Big Data Application†with China Mobile IoT Co., Ltd. Strategic Cooperation Framework Agreement to jointly build smart water services, promote the establishment of water resources management and security systems, and jointly create applications for big data on water resources; and set up Shanghai Sanchuan Internet Finance with the opportunity of building Shanghai Hongqiao Internet Financial Industry Zone in Changning District, Shanghai. Information Service Co., Ltd. builds a platform for talent recruitment, capital operation, and marketing model innovation to open up new areas and spaces for the company's long-term development. In addition, during the reporting period, the company also planned employee stock ownership plans and non-public offerings of shares, and related application materials were accepted by the SFC.
In 2015, Sanchuan will strengthen the serial development of the Internet of Things water meter to meet market demand. In order to continue to mature the IOT water meter technology, improve the process, and operate more reliable, we will accelerate the serialization of products, including the development of direct-reading IoT water meters, development of ultrasonic IOT water meters, and the development of H4000P large-diameter Internet of Things. Development, etc., to meet the different needs of customers at different levels and enhance the core competitiveness of the company's products.
During the reporting period, the company sold 9,179,900 water meters, revenue from water meter sales was 587,100,900 yuan, income from water meter accessories, water operations, software, and other operations was 11,083.25 million yuan, and operating income totaled 679,933,400 yuan, an increase of 3.21% year-on-year; operating profit was realized. 14,781.67 million yuan, a year-on-year increase of 15.81%; the net profit attributable to shareholders of listed companies was 12,542.63 million yuan, a year-on-year increase of 24.31%, and the business objectives set at the beginning of the year were fully completed.
At the end of the year, the company stocked 534,400 water meters, an increase of 59.33% year-on-year. The company's production of water meters has a certain period. In order to more quickly respond to customer orders and shorten the supply period, the company has appropriately increased inventory stocking. In addition, the company implements the payment and delivery policy for the base table business and distributor business. Some of these businesses have been ordered and stocked at the end of the year. However, due to the fact that the customer's money has not yet been shipped, temporary stocks will be formed.
During the reporting period, in order to realize the transformation and upgrading of business models, a research and development platform for smart water management systems was rapidly established to enhance the company’s IoT technology R&D capabilities and related control software development levels, and to provide technical support for the company’s products to be transformed in the direction of intelligence and informationization. The company controlled the Hangzhou Sanchuan Guode IOT Technology Co., Ltd. (this company is a software company providing products and services for the informatization construction of the water supply industry) through the capital increase; and signed “Intelligent Water Affairs and Big Data Application†with China Mobile IoT Co., Ltd. Strategic Cooperation Framework Agreement to jointly build smart water services, promote the establishment of water resources management and security systems, and jointly create applications for big data on water resources; and set up Shanghai Sanchuan Internet Finance with the opportunity of building Shanghai Hongqiao Internet Financial Industry Zone in Changning District, Shanghai. Information Service Co., Ltd. builds a platform for talent recruitment, capital operation, and marketing model innovation to open up new areas and spaces for the company's long-term development. In addition, during the reporting period, the company also planned employee stock ownership plans and non-public offerings of shares, and related application materials were accepted by the SFC.
In 2015, Sanchuan will strengthen the serial development of the Internet of Things water meter to meet market demand. In order to continue to mature the IOT water meter technology, improve the process, and operate more reliable, we will accelerate the serialization of products, including the development of direct-reading IoT water meters, development of ultrasonic IOT water meters, and the development of H4000P large-diameter Internet of Things. Development, etc., to meet the different needs of customers at different levels and enhance the core competitiveness of the company's products.
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