XINTIAN TECHNOLOGY(SZ:300259)2022-12-03 09:22Group 1: Company Performance and Growth - The company expects significant growth in its operating performance for the first half of 2018 compared to the same period last year, driven by its established product chain and market experience in the IoT industry [1][2] - The smart water meter business has solidified the company's leading position in the industry, while the smart gas meter market share has also expanded, contributing to revenue and net profit growth [2] - The acquisition of a 75% stake in Shanghai Kent last year and an additional 24.9997% stake this year has resulted in significant operational synergy and a notable increase in performance [2] Group 2: Product Development and Market Strategy - The company has successfully developed various NB-IoT smart meters and established strategic partnerships with major telecom companies, enhancing its market presence [2][3] - The smart gas meter business has experienced rapid growth since 2016, with a doubling of performance in 2017 and continued strong growth in the first half of 2018 [3] - The company won a procurement project for smart gas meters from Kunlun Gas in June 2018, indicating its increasing influence in the industry [3] Group 3: Policy and Market Trends - The government has shifted its focus from "promoting" to "accelerating" the development of the IoT industry, creating a favorable policy environment for the company's growth [3] - The expansion of clean heating initiatives in northern regions is expected to boost the demand for smart gas meters, benefiting the company [4] Group 4: International Expansion - The company is actively expanding its overseas business, exporting products to over ten countries and obtaining various international certifications [4] - Future plans include focusing on markets along the "Belt and Road" initiative, aiming to make international business a new profit growth point [4]