理工能科(002322) - 2017年8月24日投资者关系活动记录表（二）

Company Overview - Founded by Professor Zhou Fangjie from Beijing Institute of Technology, the company transitioned from offline to online monitoring of transformers, significantly improving monitoring capabilities [2]. - In 2013, the company underwent a major asset restructuring and entered the environmental protection sector, aligning with the State Grid Corporation's push for smart grid initiatives [2]. Market Position and Products - The company is a leading manufacturer of surface water quality monitoring equipment and online monitoring products for electrical equipment, holding the top market share in China [2][3]. - Key products include: - Automatic online water quality monitoring systems - Atmospheric monitoring systems - Soil remediation solutions - Smart grid online monitoring products [3][4]. Competitive Advantages - The company leads in market share for automatic online water quality monitoring systems, leveraging its strong brand, extensive project experience, and advanced data analysis capabilities [3][4]. - Competitors include listed companies such as Jingguang Technology and Xianhe Environmental Protection, but the company maintains a significant edge in technology and service [4]. Financial Performance - Sales growth is driven by the electric power software and water quality monitoring sectors, alongside the consolidation of Hunan Bilun [5]. - The cost structure includes: - Sales expenses: 10% of revenue - Administrative expenses: 21.51% - R&D expenses: 9.89% [5]. Strategic Goals - The company aims to expand its environmental monitoring and governance business, planning to invest in over 10,000 monitoring stations to create a comprehensive ecological environment sensing network [3][6]. - Long-term strategy focuses on leveraging big data and cloud computing for environmental data services [3][6]. Shareholder Information - Ningbo Tianyi Century Investments holds a 31.5% stake in the company, representing the actual controller and core management team [6].