XINTIAN TECHNOLOGY(SZ:300259)2022-12-06 01:31Group 1: NB-IoT Technology and Market Position - NB-IoT is an emerging technology in the IoT field, characterized by low power consumption, wide coverage, and low cost, offering advantages over Bluetooth and ZigBee [3] - The company has established partnerships with well-known domestic telecom companies for the application of NB-IoT technology in smart meters [3] - The penetration rate of smart water meters in China is currently below 20%, indicating significant growth potential in the market [4] Group 2: Investment in Huaotong - The investment in Shenzhen Huaotong aims to leverage both companies' technological and brand advantages for mutual growth [4] - Huaotong has been a pioneer in low-power wide-area network technologies like NB-IoT and LoRaWAN, with international market presence since 2004 [4] Group 3: Smart Gas Meter Business Development - Since 2012, the company has focused on developing smart gas meters, becoming a mainstream supplier for major gas companies in China [5] - The company ranked highly in technical tests for smart gas meters conducted by China’s largest gas group, Huaron Gas, securing a place in their supplier directory [6] Group 4: Smart City Initiatives in Yinchuan - Yinchuan is advancing its smart city initiatives, having received national recognition as a pilot city for smart city development [7] - The city aims to establish a joint venture to enhance the management of water and gas services, aligning with the growing demand for smart solutions [8]