LIGONG ENERGY TECH(SZ:002322)2022-11-21 15:46Business Overview - Ningbo LIGONG Environmental Energy Technology Co., Ltd. was established in 2000, initially focusing on power engineering cost software and expanding into customized information projects for power grid companies in 2009 [1] - The company has four main business areas: standardized software products, customized information projects, digital construction, and 3D/BIM applications [1][2] Competitive Advantages - The company’s cost products have three main advantages: strong professional expertise, a nationwide sales network covering county-level units, and a large user base that promotes software iteration [2] - Customized information projects leverage IT consulting services to assist users in streamlining business scenarios, with a focus on localized development [2] - The company has developed a proprietary 3D technology platform, ensuring self-control and iterative upgrades [2] Market Competition - In the cost product sector, competitors like Glodon and Henghua Technology have gained some market share, but the company maintains a strong position due to its complete product ecosystem [2] - The design product market is competitive, with the company holding the leading market share in distribution network design software [2] - The digital construction business is still in its early stages, with no clear market leader [3] Business Development Potential - The standardized software market is stable, but there is potential for growth in non-quotient software related to engineering construction [3] - The company anticipates significant growth in customized projects due to increased investments in information technology by State Grid and Southern Grid during the 14th Five-Year Plan [3] - The digital construction business, particularly video monitoring, is expected to grow, with substantial investments from State Grid in intelligent auxiliary monitoring systems [3] Future Revenue Projections - The company expects stable growth in software products, with digital construction maintaining over 30% growth, customized projects over 20%, and 3D and drone services over 40% growth [4]