EASTSOFT(SZ:300183)2022-12-06 23:58Company Overview - Qingdao Eastsoft Carrier Technology Co., Ltd. was established in 1993 and listed on the Shenzhen Stock Exchange in 2011 with a registered capital of 450 million RMB [1] - The company specializes in power line carrier communication technology and wireless communication technology, providing solutions and products in these fields [2] Business Development - The company has developed a range of carrier communication products and chips, including narrowband and broadband solutions [2] - In 2015, the company acquired Shanghai Eastsoft Carrier Microelectronics Co., Ltd., enhancing its ecosystem for MCU and video transmission chips [2] - R&D investment from 2011 to 2015 totaled over 300 million RMB, with annual R&D spending exceeding 10% of revenue [2] Market Position - The company holds a market share of approximately 35%-40% in the smart meter sector, with around 500 million smart meters in use across China [2] - The company has seen significant growth, expanding from over 140 employees before listing to over 900 employees by 2015 [2] Technological Advancements - The company has developed various communication technologies, including dual-mode and broadband products, to meet the evolving needs of the State Grid [3] - The introduction of the AMI (Advanced Metering Infrastructure) system requires faster communication standards, prompting the company to adapt its technology accordingly [3] Product Line - The product line includes narrowband low-speed, narrowband high-speed, broadband low-speed, and broadband high-speed communication products [4] - The company is also focusing on smart home solutions, integrating various communication technologies to create a seamless smart network [4] Future Directions - The company aims to enhance its product offerings in energy management, smart control, and intelligent buildings, leveraging advancements in IoT and cloud computing [6] - Plans include the development of dual-mode communication chips and multi-communication solutions to meet both domestic and international market demands [5] Strategic Goals - The company aspires to become a leading enterprise in the fields of smart technology and energy internet, focusing on integrated circuit design and fusion communication technology [9] - The vision includes embedding communication chips in all household appliances to create a comprehensive smart network [6]