Market Overview - The PLC market in China is expected to grow from 13.7 billion yuan in 2024 to 14.6 billion yuan in 2027, indicating a clear growth potential [1] - The current domestic production rate of PLCs is approximately 32%, with a policy goal to achieve over 50% by 2027 [1] Company Performance - Zhongkong Technology, a leading company in industrial automation, is benefiting from the domestic control system equipment upgrade opportunities, with its market share in large PLCs increasing year by year [1] - Revenue from the petrochemical, chemical, and metallurgy sectors remains stable, while revenue from the energy, building materials, and paper industries is growing, with year-on-year increases of 9.32%, 82.58%, and 77.56% respectively [1] Technological Innovation - Zhongkong Technology's PLC played a crucial role in the successful installation of the world's largest 26MW offshore wind turbine, achieving full domestication and high reliability [2] - The PLC features a dual-bus redundancy and distributed architecture, with a communication reliability of 99.9999% and over 1000 hours of fault-free performance in salt spray tests [2] - The M4Pro system, launched by Zhongkong Technology, integrates multi-core CPU, AI GPU, and security chips, breaking traditional PLC functionality boundaries and transforming it into an industrial AI terminal [4] Future Strategy - The company plans to expand into wind power control systems, nuclear energy, and ship power markets, focusing on deep-sea wind power and high-precision manufacturing [3] - Zhongkong Technology aims to continue developing its technology in the PLC field over the next 3-5 years, with a focus on industrial AI and high-end application scenarios [8] - The company is actively pursuing a global strategy, establishing a presence in over 50 countries and regions, with a focus on high-end equipment manufacturing and international competitiveness [7]

Core Insights - The recent launch of the M4Pro high-end equipment control system by Zhongkong Technology marks a significant milestone in PLC innovation, attracting nearly 10,000 experts and partners both online and offline [1] Group 1: Product Features - The M4Pro product is characterized by high reliability, high availability, and high performance, specifically designed to meet the complex control needs of high-end equipment in industries such as metallurgy, papermaking, building materials, and liquor production [1] - M4Pro integrates three core innovative technologies, breaking traditional control bottlenecks, and is positioned as a key driver for the intelligent upgrade of high-end equipment [1] Group 2: Company Vision and Strategy - The founder of Zhongkong Technology, Chu Jian, emphasized the importance of automation as the foundation of digitalization and the prerequisite for intelligence in the AI era, highlighting the role of high-end PLCs in leading this process [1] - Zhongkong Technology aims to redefine the technical boundaries of high-end equipment control with the M4Pro, providing safe and reliable PLC products and industry automation solutions to support the high-quality digital and intelligent development of China's manufacturing industry [1]