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Internal and external resonance, the Internet of Things realizes the company from excellent to excellent. Since its development, the company has formed four business forms of information identification, electronic payment, industrial application, and transportation mechanical and electrical engineering. These four major businesses include the Internet of Things, including the wing code. For the main line of development, the company's development strategy is the development strategy based on “Internet of Things as the main lineâ€.
The company is the first in the bar code terminal in China, and the Pos terminal is located in the top three in China, with outstanding terminal capabilities; the company's telecom BOSS system and expressway information system are in a monopoly position in Fujian, showing the company's software department capabilities; at the same time, electronic payment, telecom operations Traffic information has cultivated the company's multi-industry field experience. This integrated hardware, software, and industry integration capabilities, with telecommunications, finance, logistics and other industries informatization experience, is the difficulty of the implementation of the Internet of Things, the company in the face of the Internet of Things opportunities, can be said that internal and external resonance, is expected to achieve From excellence to excellence.
In the IoT business, the traceability business has been expanding, from the traceability of the animal disease of the Ministry of Agriculture into the field of meat circulation traceability; the cold chain business is being cultivated. New applications such as asset management, e-commerce, and car networking continue to incubate.
The combination of traditional and emerging business revenue sources reduces uncertainty in new business development. The telecom industry's application business revenue and highway electromechanical engineering business and revenue growth rate are stable, and still contribute stable income. In recent years, pos machines have been growing rapidly in recent years with the development of mobile payment, third-party payment, and integration with information recognition terminals. IoT applications such as traceability and cold chain, and e-commerce business such as wing code have also contributed to the sales of information recognition terminals. The company's traditional business support, emerging areas breeding outbreaks, this combination reduces future uncertainty.
Company valuation. A rough estimate of wing code, real estate, Internet of Things and traditional business, respectively, has a market value of 2.04 billion (51% of the company's holdings), 1.08 billion, 4.45 billion yuan, a total market value of 7.57 billion yuan, corresponding to a stock price of 14.83 yuan, based on wingspan, Internet of Things and other businesses The market space and company leader status, given an overweight rating.
The new e-commerce is in the "Shanghai Wing Code", the Internet of Things landing "New World"
Shanghai Wing code should be viewed by e-commerce companies. Wing code is the concept of "electronic voucher" product proposer and operator. The electronic voucher based on two-dimensional code makes up for the lack of the voucher link of e-commerce. The rise of e-commerce in the life service represented by group purchase is the development opportunity of electronic voucher. Electronic vouchers have obvious potential in the market of electronic ticketing, etc. The company has also innovated emerging consumption models and e-commerce models such as electronic gifts and non-logistics e-commerce. Wing code's current profit model is divided by SMS of mobile operators. In 2009, the wing code traffic exceeded 60 million and the revenue exceeded 30 million. It has been verified commercially. Based on the huge market prospects of wing codes, the reference market value is 4 billion yuan.