Jicheng Electronics is expected to build 300,000 smart gas meter production lines this year

[Chinese instrument network enterprise weathervane] Jicheng Electronics Co., Ltd. recently released the 2014 semi-annual report, which showed that its total operating revenue for the first half of the year was 305,399,867.00 yuan, an increase of 13.11% year-on-year; operating profit was 15,374,387.76 yuan, an increase of 192.4% year-on-year.

In the power automation business, Jicheng Electronics took advantage of the bidding opportunities of the State Grid and various regional markets. The measures were properly implemented. New breakthroughs were made in sales, and the amount of signed contracts exceeded RMB 500 million. Among them, the amount of bids for information acquisition products for electricity use increased significantly.

In the automation business of public utilities, the overall relocation of the smart meter manufacturing center and the transfer of Sanchuan Jicheng’s equity were smoothly completed. The capacity of the company’s smart remote water meter and gas meter was significantly improved; the smart remote water meter was already in Hefei, Chongqing, and Chengdu. , Changsha, Hangzhou, Nanjing, and more than 10 provincial capital cities have been promoted and used, ranking first in provincial-level market share, and entering the mainstream brands of domestic smart remote water meter markets; gas production and operation systems in terms of market share and product line integrity Continue to lead the country.

In terms of energy-saving management systems, the company completed the construction of the first energy management center system in the rubber industry in China, the Solid Platinum Energy Management System. The project has become a national industrial enterprise energy management center construction demonstration project launched by the Ministry of Finance and the Ministry of Industry and Information Technology in the industrial sector. The application prospects are broad; the construction of the Gansu Energy-Saving Key Energy-Consumption Enterprise Energy Statistics and Integrated Management System Platform has passed the inspection and acceptance. Currently, more than ten provincial and municipal energy-saving projects have been successfully implemented in Tianjin, Shandong, Guangxi, Gansu and Yinchuan. The information system forms a smart energy solution that covers energy management departments and energy-using units.

During the reporting period, the company and its subsidiaries were granted four invention patents and one utility model patent; “iES700 dispatching technical support system”, “iES-UE1000 power dispatching system”, “iES-NE new energy comprehensive monitoring automation system”, etc. 8 products obtained computer software copyright registration certificate; “IES-DMS1000EXTREME distribution automation master station system” won the Shandong Provincial Science and Technology Award, “SAM32 high-voltage measurement and control device” won the Jinan Science and Technology Award.

According to the report, the company’s fund-raising project is being implemented as planned. The construction of the smart gas automation system industrialization project has been completed. It is expected that 300,000 smart gas meters will be produced this year.

In the first half of the year, the major subsidiary Jicheng Electronics Co., Ltd.'s controlling subsidiary Qingdao Jicheng Electronics Co., Ltd. and Jiangxi Sanchuan Water Meter Co., Ltd. signed a capital transfer agreement on April 9, 2014. After the accumulation of undistributed profit of RMB 9,503,700 in distribution by Shandong Sanchuan Jicheng Technology Co., Ltd., Qingdao Jicheng acquired the 51 percent equity of Sanchuan Jicheng held by Sanchuan Co., Ltd. for a price of RMB 7.6 million. Sankawa Jicheng was established on May 19, 2010, and is a limited liability company jointly invested by Sanchuan and Qingdao Jicheng.

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