Sanchuan Wisdom’s sales of smart watches increased rapidly in the first quarter

According to the 2016 First Quarter Report released by Sanchuan Wisdom Technology Co., Ltd. (formerly Jiangxi Sanchuan Water Meter Co., Ltd.), the company’s operating income in the first quarter increased by 8.31% year-on-year, and smart meter sales The situation is considerable, with sales volume up by 27.57% year-on-year.

During the reporting period, Sanchuan Wisdom achieved an operating income of RMB 15,061.95 million, an increase of 8.31% year-on-year, and an operating profit of RMB 28,651,100, a year-on-year increase of 69.30%. The sales of various types of water meters and water supply software in the company rose to varying degrees in the first three months, with sales of smart watches growing 27.57% year-on-year, sales of mechanical water meters increasing 14.58%, and sales of water software systems up 221.37% year-on-year. The proportion of smart watch sales in the company has gradually increased, which has led to the growth of the company’s product gross profit.

In the first quarter, the most noteworthy of Sanchuan Wisdom was the commercialization of the NB-IOT-based Internet of Things meter developed in cooperation with Huawei. The products were exhibited for the first time at the German Han Ruowei Consumer Electronics, Information and Communication Expo held on March 14, 2016, which attracted the attention of the industry.

In addition, aiming at the current hottest "four-integrity," Sanchuan Wisdom is communicating with the provincial power grid and the city-state power grid. The system development for the four-state system of the State Grid is determined, and the technology roadmap and pilot projects are determined. It is expected that this year More than 20,000 water meters have been copied online to create model projects.

In addition to industrial research and development, in the expansion of the market, Sanchuan Wisdom set up its subsidiary Shanghai Sanchuan Ai Water Technology Co., Ltd. in Shanghai. It aims to deeply expand the industrial layout of the company's smart water supply, provide pipeline inspection, water-saving management and control, intelligent water meter, water information industrial management, build water supply pipe network real-time monitoring platform and big data platform, and apply international leading edge water loss control technology. Help Water Group and Water Division reduce production and sales gaps, labor costs, and management costs, achieve thousands of water-saving projects and water health services, and promote the healthy development of the water industry for production, living, and management, thus positively affecting the long-term development of the company. influences.

From the perspective of good returns in the first quarter, the development strategy of "Intelligent water-related Internet financial industry investment" formulated by Sanchuan wisdom was very successful.

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