Core Viewpoint - The company, a well-known player in the smart metering sector, is leveraging AI and capital operations to accelerate its global expansion and aims to become a leading provider of energy digitalization solutions worldwide [1][2]. Group 1: Market Expansion Strategy - The global smart meter market is projected to grow from 162 million units in 2024 to 236 million units by 2029, with a compound annual growth rate (CAGR) of 7.81% [2]. - The company is implementing a "dual-wheel drive" strategy, focusing on both international and domestic markets, with significant progress in Europe and emerging markets like the Middle East and South America [2][3]. - The company has secured over 127 million yuan in procurement projects from State Grid, which is expected to bolster its domestic market expansion [3]. Group 2: Technological Innovation - The company has automated various processes in its smart factory, which began construction in 2022 and is set to be completed by May 2025, enhancing efficiency across production and logistics [4]. - A virtual simulation and physical verification platform based on AI has been established to reduce R&D cycles and improve product reliability [4]. - The company plans to focus on AI-based energy big data SaaS services, offering value-added services such as energy efficiency analysis and carbon management [4]. Group 3: Financial Growth and Future Plans - The company recently went public on the Beijing Stock Exchange, achieving a record fundraising amount, which will support capacity expansion and technological development [5]. - Future plans include vertical investments or acquisitions in core technologies like chips and communication modules, as well as horizontal expansions into new markets and the renewable energy sector [5]. - The company's vision is to innovate for a better life, with a continued focus on smart and digital energy management solutions [5].
开发科技 升级全球能源数字化解决方案