Goldcard(SZ:300349)2022-12-03 09:11Group 1: Company Overview and Market Environment - The company operates in the NB-IoT sector, with nationwide coverage achieved in telecommunications and mobile networks [1] - The Ministry of Industry and Information Technology issued a notice in 2017 to promote the development of NB-IoT, outlining several initiatives for the industry [3] Group 2: Product Development and Sales - The company expects a rapid increase in NB-IoT smart gas meter sales over the next two years, driven by decreasing costs and growing application experience [3] - The company’s flow meter products have gained recognition in the domestic market, with technology reaching advanced levels [5] Group 3: Competitive Advantages and Market Strategy - The company has invested heavily in R&D since entering the IoT meter market in 2013, leading to improved software system capabilities and a significant increase in terminal access [4] - The company’s products are competitively priced and maintain quality, benefiting from Huawei's overseas market strategies [5] Group 4: Future Growth and Market Trends - The company is expanding its market presence in lower-tier cities, enhancing overall performance [5] - The transition from coal to gas (coal-to-gas) is expected to continue, supported by environmental policies, although the total amount has decreased year-on-year [7] Group 5: Technological Innovations and Benefits - The company’s self-developed thermal gas meters utilize electronic measurement methods, enhancing accuracy and supporting heat-based settlement [4] - IoT meters can provide gas companies with flexible pricing strategies and value-added services through innovative mobile applications [8]