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Gold Card Intelligence: 2017 revenue of 276 million in the first quarter increased by 113.6%
[China Instrument Network Instrumentation Enterprise] On April 27, Gold Card intelligently released the first quarter report of 2017, with an operating income of 276 million, an increase of 113.6% year-on-year, and a net profit attributable to shareholders of listed companies of 43.95 million, an increase of 101% over the same period of last year.
In the first half of this year, China Telecom will build a nationwide NB-IOT network. Huawei has announced that it will begin shipments of NB-IOT chips on a large scale in April this year. The basic conditions for the outbreak of NB-IOT industry will be completed by the end of June this year. NB- The IOT Internet of Things gas meter market broke out; Gold Card's smart NB-IOT IoT gas meter was announced in March this year. In the March of this year, Gold Card Smart has signed a framework agreement with Xinjiang Gas to lock the NB-IOT IoT. The first single in the gas meter industry, Gold Card Smart was the first company in the industry to successfully develop the IoT gas meter. In 2016, the sales volume of the IoT gas meter far ahead of the competitors, and the acquisition of Beijing Yinjian and cooperation with Alibaba Cloud in the Internet of Things. The cloud platform required for the operation of the gas meter has obvious advantages. After the outbreak of the NB-IOT IoT gas meter market, the Gold Card smart can gain considerable market share.
Gold Card has obtained orders for Colombia in the domestic gas meter field in 2015. In 2016, it has signed contracts with UK customers. The overseas market has begun to break through; the company has obtained a number of international authoritative certification bodies; Gold Card Smart at NB - IoT has obvious advantages in the field of IoT gas meters. The NB-IoT IoT gas meter is an important weapon to help Jinka Smart enter large-scale overseas markets; it is based on sufficient security, price advantage, and NB-IoT Judging from the leading advantages of the connected gas meter field, we believe that Jinka Smart’s acquisition of large-scale orders in overseas markets is only a matter of time.
In 2016, Gold Card intelligently acquired Tianxin Instruments and Beijing Yinjian. Tianxin Instrument is the leader of domestic industrial and commercial intelligent gas meter. Beijing Yinjian is the leading domestic gas management system of natural gas industry. Gold Card Smart is a household before the merger and acquisition. Leading gas meters, all three are in the gas industry chain and are the leading players in their respective fields. The synergy effects of mergers and acquisitions from the customer base alone will also be obvious.
On April 13, 2017, Gold Card Smart Announced a joint venture with Yataike to establish a smart water meter. Yatai has a complete set of technologies for high-precision flow measurement. Among the 300 customers of Beijing Yinzhen, some are water utilities. In some regions, gas companies and water companies are subordinated to urban investment companies. The company’s existing gas meter business orders also have synergies with smart water meters on the basis of customers. The listed company of the A-share listed company Sanchuan has the main business of smart meters for water meters in 2016. With a revenue of RMB 690 million, the Nine Third Board Company's Ningbo water meter revenue was RMB 820 million in 2016. Looking at the revenue figures of Sanchuan Wisdom and Ningbo Water Meter, the water meter is a promising industry. The future development of Gold Card smart meter business is huge.
(Original title: Gold Card Smart Quarterly Review: Great potential for significant year-on-year growth in performance)
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