SUPCON Technology (SH:688777) Zhong Guo Jing Ying Bao·2025-09-12 04:25Core Viewpoint - As the domestic market matures and becomes saturated, going global has become an important development direction for Chinese companies, with significant advancements in technology and brand strength enabling competitive capabilities abroad [2][3] Company Overview - Zhongkong Technology, a company with 32 years of experience in the industrial AI sector, has transitioned from a DCS control system provider to a leader in industrial AI, accumulating valuable data and expertise [2][3] - The company holds over 100 EB of data, which serves as a solid foundation for developing industrial large models and supports its international expansion efforts [3][4] Strategic Focus - The company has adjusted its overseas business strategy, focusing on partnerships with top global enterprises such as Shell and BASF, aiming to apply its technology and products to around 10 leading companies for high-quality overseas development [2][6] - Zhongkong Technology emphasizes the importance of technological innovation and product extension rather than merely expanding business scale [6] Market Position and Growth - Zhongkong Technology's market share in the global supply chain is approximately 30%, providing a strong foundation for its development as a technology-driven enterprise [3] - The company has experienced significant growth, with revenue projected to approach 10 billion yuan by 2025, up from 2-3 billion yuan in 2020, largely due to support from the Science and Technology Innovation Board [7] Technological Advancements - The company is committed to continuous innovation in industrial AI, robotics, and traditional automation upgrades to meet evolving industrial demands [4][5] - Zhongkong Technology has successfully integrated advanced technologies into its automation products, enhancing operational efficiency in the process industry [4] Global Capital Strategy - The company has leveraged its listing on the Science and Technology Innovation Board to issue GDRs and acquire a top European industrial analytics firm, significantly shortening its technology accumulation cycle [7] - Future plans include applying for listings in Hong Kong and Singapore by 2026 to further enhance its global capital structure and market presence [7][8]