[Digital Meter] 107: Xintian Technology Wins 0.582 Billion Smart Meter Purchase Project

[China Meter Network Instrument News] Inventory involves digital news. Meter size things, just look at the numbers.
0.582
On September 26, Xintian Technology issued an announcement that the company recently received the “Notice of Winning the Bid” issued by the Anshan City Water Supply Corporation in Liaoning Province, and it was transferred from the “three industries and one industry” of the central government in the city of Anshan, which is organized by the Anshan Water Supply Corporation. Work - Water Supply Facilities Renovation Project In the wireless remote intelligence water meter procurement project, after being reviewed by a panel of experts, the company was determined to be the successful bid supplier, and the bid winning amount was 0.582 billion yuan.
Reviews
The winning bid shows that Xintian Technology's smart meter business has a good momentum of development, which has laid a solid foundation for the development of the wireless remote farsighted intelligent water meter business in Anshan City, Liaoning Province and the Northeast China.
1-7
From January to July 2017, 11 economic indicators of the instrumentation industry were better than the same period of last year. Total net profit increased by 10.948 billion yuan. The main business profit increased by 7.23 billion yuan, and the contribution rate was 66.89%. Other profits increased by 36.25 yuan and contributed 33.11%.
Reviews
From January to July, the profits of the instrumentation industry showed an increase, indicating that the development of instrumentation and meter manufacturing industry is in good condition and the demand for instruments and meters in the market has increased.
1-7
From January to July 2017, the instrumentation industry completed a total export delivery value of 76.480 billion yuan (accounting for 6.80% of the machinery industry), an increase of 9.379 billion yuan (8.97% of the machinery industry) over the same period of the previous year, an increase of 13.98% year-on-year.
Reviews
From January to July, the export of instruments and meters increased, indicating that the overseas market for instruments and meters in China has been further expanded and the level of instrument and instrument manufacturing has been significantly improved.
9.11-9.20
According to the data on changes in the prices of important production materials in the latest circulation market (September 11 to 20, 2017), the prices of raw materials such as rebar and electrolytic copper for manufacturing instrumentation declined.
Reviews
Instrument raw materials as the upstream material for manufacturing instruments and meters, the price changes directly affect the instrumentation market fluctuations.
542.1
From January to August, the total profit of industrial enterprises above designated size was 492.135 billion yuan, a year-on-year increase of 21.6%, and the growth rate was 0.4 percentage points higher than that in the first seven months. Among them, the instrument and meter manufacturing industry implemented a total profit of 54.21 billion yuan, an increase of 26.5%.
Reviews
The profit growth of instrument and meter manufacturing industry is that the production cost has dropped, the second is the increase in product prices, and the third is oil, steel, and electronics industries.
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