LIGONG ENERGY TECH(SZ:002322)2022-11-21 05:28Group 1: Industry Changes and Impact - Under the dual carbon policy, major power companies are planning their carbon emission and monitoring standards, leading to increased investment in new energy construction [1] - The company has developed photovoltaic cost software for distributed photovoltaic power generation projects, applicable in various stages of project management [1] - The State Grid has invested $350 billion in grid transformation and $8 billion in digital transformation, while the Southern Grid aims to establish a digital grid by 2025 [1] Group 2: Company Development Strategy - The company has rebranded as "LIGONG Energy Science and Technology" and is focusing on energy technology, particularly in the new power system construction [2] - Key areas of focus include big data center construction, smart supply chain development, and digital handover processes [2] - The company aims to leverage BIM technology for product development and establish a smart energy service platform [2] Group 3: Business Segmentation and Growth Points - The company operates four main business segments: standardized software products, customized information projects, digital construction sites, and 3D/BIM applications [3] - Customized projects are expected to grow significantly due to increased investments in digital transformation by major power companies [3] - The digital construction segment is projected to expand through the application of smart sensing products and solutions [3] Group 4: Financial Performance and Market Position - The company has maintained stable revenue growth, with customized projects growing over 20% annually [4] - The standardized software market is competitive, but the company retains a strong market position due to its comprehensive product ecosystem [4] - The company has a significant user base that supports software iteration and upgrades, enhancing customer retention [4] Group 5: Environmental Monitoring and Future Plans - The company has established a comprehensive environmental monitoring system covering 27 provinces and over 1,500 operational monitoring stations [5] - Future plans include expanding into smart water management and carbon emission monitoring systems [5] - The company aims to integrate environmental monitoring, remediation, and information technology into a cohesive solution [6]