LIGONG ENERGY TECH(SZ:002322)2022-12-03 09:01Group 1: Company Overview - The company is Ningbo LIGONG Environmental Energy Technology Co., Ltd. with stock code 002322 [2] - The meeting took place on March 18, 2019, with various securities firms participating [2] Group 2: Business Operations - The company focuses on three main business areas: engineering cost software, construction management information systems, and safety control on construction sites [2][3] - The core of these operations is to generate and analyze construction process data to enhance and optimize specific business activities [2] Group 3: Strategic Goals - The primary goals include creating a construction data center for owners, integrating 3D design, cost management, and process control [3] - The second goal is to build data service and consulting capabilities, leveraging BIM technology to improve management levels for power companies and educational institutions [3] Group 4: Smart Distribution Network - The company provides software solutions for the entire process of planning, design, and construction management for distribution networks [3] - Emphasis is placed on enhancing automation and inspection efficiency in distribution networks, which are key development areas for future construction [3] Group 5: Digital Services - The company offers digital services for existing thermal power, nuclear, and wind power enterprises [3] - A smart supply chain solution is provided for material departments and bidding agencies [3] Group 6: Q&A Insights - The implementation of the ubiquitous power IoT is expected to create more opportunities for the company [4] - The company’s data procurement model is distinct from PPP projects, focusing on efficient payment and good cash flow [4] - The decline in operating cash flow in Q3 was attributed to project revenue recognition delays and the cyclical nature of government projects [4]