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[China Instrument Network Instrument Company] On March 15, Sanchuan Wisdom announced the 2016 annual report. In 2016, the company achieved operating income of 695 million yuan, an increase of 7.43% year-on-year, and net profit attributable to shareholders of listed companies was 134 million yuan, a decrease of 4.05% from the same period of last year.
According to the annual report, 2016 Sanchuan smart smart meter business grew significantly, operating income of 301.7599 million yuan, accounting for 43.41% of total revenue. During the reporting period, the company’s smart watch sales exceeded 1 million units, a year-on-year increase of 27.68%; sales of IoT water meters grew strongly, with a year-on-year increase of 82%.
As a leading company in the water meter industry, Sanchuan Wisdom has actively implemented its intelligent strategy, launched the IoT Smart Watch, and the “Four-in-one†project, docked the NB-IOT agreement and further increased its investment in smart water. At the same time, Huawei has established a strategic cooperative relationship with Huawei to apply the narrow-band Internet of Things (NB-IoT) technology to smart meter products, jointly building smart water applications, and developing smart water related products and services.
In December 2016, the NB-IoT technology-based Internet of Things meter developed by the company successfully passed Huawei's NB-IoT smart water scene interoperability certification, followed by installation testing in Melbourne, Australia. On February 27 this year, the company's NB-IoT Ultrasonic Remote Water Meter debuted at the 2017 Mobile World Congress, integrated with Huawei's OceanConnect IoT platform, and launched a smart meter reading business, attracting a large number of international merchants and experts, greatly improving Sanchuan Wisdom’s international influence helped Sanchuan’s wisdom to enter the international market.
Sanchuan Wisdom has actively transformed itself from a water meter supplier to an “Internet+†smart water service provider, and further expanded its water business, including water operations, water monitoring, and water data services, to improve the company’s business chain and enhance the company’s The core competitiveness and profitability.
(Source: Flushing News, Sanchuan Wisdom, China Galaxy Securities)
According to the annual report, 2016 Sanchuan smart smart meter business grew significantly, operating income of 301.7599 million yuan, accounting for 43.41% of total revenue. During the reporting period, the company’s smart watch sales exceeded 1 million units, a year-on-year increase of 27.68%; sales of IoT water meters grew strongly, with a year-on-year increase of 82%.
As a leading company in the water meter industry, Sanchuan Wisdom has actively implemented its intelligent strategy, launched the IoT Smart Watch, and the “Four-in-one†project, docked the NB-IOT agreement and further increased its investment in smart water. At the same time, Huawei has established a strategic cooperative relationship with Huawei to apply the narrow-band Internet of Things (NB-IoT) technology to smart meter products, jointly building smart water applications, and developing smart water related products and services.
In December 2016, the NB-IoT technology-based Internet of Things meter developed by the company successfully passed Huawei's NB-IoT smart water scene interoperability certification, followed by installation testing in Melbourne, Australia. On February 27 this year, the company's NB-IoT Ultrasonic Remote Water Meter debuted at the 2017 Mobile World Congress, integrated with Huawei's OceanConnect IoT platform, and launched a smart meter reading business, attracting a large number of international merchants and experts, greatly improving Sanchuan Wisdom’s international influence helped Sanchuan’s wisdom to enter the international market.
Sanchuan Wisdom has actively transformed itself from a water meter supplier to an “Internet+†smart water service provider, and further expanded its water business, including water operations, water monitoring, and water data services, to improve the company’s business chain and enhance the company’s The core competitiveness and profitability.
(Source: Flushing News, Sanchuan Wisdom, China Galaxy Securities)
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