Water meter sales new strategy company set up water company

[China Instrument Network Enterprise Trend Indicator] Xintian Technology Co., Ltd. recently announced that it plans to invest 20 million yuan in cooperation with Henan Water Resources Investment Group Co., Ltd., Henan Puyuan Water Resources Equity Investment Fund (Limited Partnership), China Water Holdings Co., Ltd. Henan Water Conservancy Construction Engineering Co., Ltd., Luoyang Water Conservancy Construction Investment Group Co., Ltd. and Henan Sifang Construction Management Co., Ltd. jointly invested in the establishment of Zhongzhou Water Holdings Co., Ltd. Xintian Technology holds 2% of the shares.

It is reported that Zhongzhou Water Holdings Co., Ltd. has completed the industrial and commercial registration procedures and obtained the business license issued by the Henan Provincial Administration for Industry and Commerce. Zhongzhou Water will use its own funds to invest in water resources industry, project consulting, technical services, and technical training; for the development and sales of non-potable water, tap water, and reclaimed water; for wastewater treatment, sludge treatment, environmental resource development, Water-saving technology development and application; and the construction of smart water, water projects.

Xintian Technology stated that the investment in building a water company can promote the company’s sales of smart water, smart water, smart water meters and other products. On the other hand, the company invests in water source development, tap water operation and sales, and more. It will help the company understand the water industry in depth and enhance the company's core competitiveness and industry influence in smart water consulting, design, construction, operation, application development and other aspects.

In recent years, with the rise of the smart water market, water meter companies have been involved in the water market in order to increase market sales. In addition to Xintian Technology, such as Sanchuan Co., Ltd., it also invested in the establishment of Yujiang Water and acquired the equity of Yingtan Water Supply Company. After Sanchuan entered the new business of water operations, the company's assets and operating scale have been rapidly expanded. Sanchuan Co., Ltd. is in line with Xintian Technology's idea of ​​investing in and operating water companies. On the one hand, it can understand the operation status and product demand of the water supply companies, thereby enhancing the targeted, effective, and timeliness of the company's product R&D, and promoting the company's product sales; The aspect can not only obtain stable and substantial investment income, but also serve as a trial base for new products of the company, an application demonstration base for management software, and a new innovation platform for profit models, thereby accumulating experience and providing experience for the implementation of the company's smart water development strategy. Template.

In addition, Sanchuan Co., Ltd. looks even further. It hopes that it will quickly become the entry point of the water IoT through share participation and holding water companies, cut into the personal water consumption field, extend the industrial chain to individual consumers, and gradually develop water fee payments and water appliances. Business platform and personal water finance business.

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