WISCOM(002090)2025-02-21 10:22Group 1: Company Overview - Jiangsu Jinzhikeji Co., Ltd. focuses on automation, information technology, and intelligent technology applications in smart energy and smart city sectors [1] - The company provides digital comprehensive solutions and services primarily for public security, transportation, and energy industries [1] - Recent strategies include focusing on core business, optimizing asset structure, and controlling operational risks, resulting in improved operating profits [1] Group 2: Order Situation - The overall order situation is good, with successful bids in the State Grid and Southern Grid, mainly involving transmission and distribution products [2] Group 3: Product Composition - In the smart distribution and utilization of electricity sector, the company has three main product lines: terminals, testing, and system simulation [3] - The company has achieved technological breakthroughs in 5G fault self-healing and distributed energy collaborative control, providing comprehensive solutions from terminals to testing and simulation [3] Group 4: Investment Trends - Total investment in the power grid by State Grid and Southern Grid is expected to exceed 825 billion yuan in 2025, focusing on optimizing the main grid and enhancing distribution networks [4] - Investment in distribution network expansion and intelligent transformation is anticipated to continue growing in 2025 [4] Group 5: International Expansion - The company currently focuses on domestic markets but is actively looking for opportunities in overseas markets [5] Group 6: Integrated Energy Business - The company engages in engineering consulting, design, integration, and operation for wind power, photovoltaics, and energy storage, promoting low-carbon park construction solutions [6][7] - It has developed a collaborative control system and energy management system for integrated energy services [7] Group 7: Mergers and Acquisitions - The company is actively seeking high-quality merger and acquisition projects that complement and synergize with its core business [7]