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Time and Space Technology: Smart street lights create a new growth point

 Last Update: 2021-07-30
 Source: Internet
 Author: User

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Listed companies in the industry: Time Space Technology (605178), Mingjiahui (300506), Unilumin Technology (300232), Leyard (300296)

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The core data of this article: a comprehensive comparison of leading companies in the lighting engineering industry, the revenue of the space-time technology lighting engineering industry in 2020, the comparison of the gross profit margin of the space-time technology lighting engineering industry in 2020, and the composition of the space-time technology team

The core data of this article:

1.
A comprehensive comparison of leading companies in the lighting engineering industry

At present, the types of competitors in the lighting engineering industry include lighting fixture manufacturers, lighting engineering designers, lighting engineering constructors, etc.
Space-time Technology is one of the leading companies in lighting engineering in China, and Space-time Technology's revenue from lighting engineering-related businesses in 2020 is 8.
63 million industry leaders also includes: Paramount, Riyadh, Chau Ming science and technology
.

2.
Time and Space Technology: Layout History of Lighting Engineering Business

As one of the leading companies in the lighting engineering industry, Timespace Technology was founded in 2004 and its headquarter is located in Beijing
.
Timespace Technology has been focusing on urban lighting business, focusing on static landscape and functional lighting engineering business in the early stage of development
.
In order to complete the differentiated upgrade in the market, Timespace Technology gradually integrated cultural and regional characteristics into the project engineering, and became a "double-A" qualified enterprise in the lighting engineering industry
.
In recent years, Timespace Technology has focused on R&D investment in the fields of smart street lights, smart cities, and smart lighting
.
In 2020, it will be listed on the Shanghai Stock Exchange
.

　　3.
Space-Time Technology: Business layout and operation status of lighting engineering

　　At present, enterprises are mainly deployed in night travel economy and smart cities
.

　　——The current situation of night travel economic business layout: the three major spaces of traditional lighting projects are all laid out

　　In terms of night economy, Timespace Technology focused on major national event projects, landmark projects, and night economic boutique projects in cultural tourism cities.
It successfully implemented and completed the overall broadcast lighting system for the ancient poplar venues of the Beijing Winter Olympics and the Moon Lake in Xichang.
Typical demonstration projects covering urban space, scenic spot space, and architectural space, such as the lighting of the cultural tourism in the wetland park at night, the landscape lighting and architectural lighting in the Nanhu area around the Nanhu Lake in Jiaxing, Zhejiang
.

　　The night economy is subdivided into urban space, commercial space, and scenic space
.
The key cases of Timespace Technology in urban space include the 2022 Beijing Winter Olympics, the 2019 Beijing World Horticultural Exposition, the 2016 Hangzhou G20 Summit, etc.
; the commercial space cases include Chongqing Raffles City, Hangzhou Olympic Sports Center, Qingdao International Academician Port, etc.
; in The projects of the scenic space include Xichang Moon Lake Wetland Park, the banks of Fuhe River in Fuzhou, Jiangxi, Langzhong Ancient City in Sichuan, and Tengwang Pavilion in Nanchang
.

　　——Current situation of smart street lamp business layout: new digital infrastructure, layout of smart city

　　After years of industry layout exploration and independent R&D and innovation in smart cities, Timespace Technology already has the capabilities of IoT hardware product development, system platform development, and urban brain architecture building capabilities in the field of smart cities and smart street lights.
The development, construction and linkage of the three dimensions of the layer and the urban brain are committed to achieving the goal of a smart and interconnected ideal city
.

　　Smart street lights are an important part of smart cities.
Smart street lights that integrate cultural creativity can provide a complete system platform and solutions for the construction of smart cities
.
Smart street lights can be used in the field of pure lighting, as the infrastructure of smart cities, and can also be used in smart transportation to collect road information; used in city management to help collect city information, which is conducive to information management; used in parks to improve parks Operational efficiency; used in scenic spots to help scenic spots integrate information and provide better services; used in campuses to provide convenience for students' study and life
.

　　At present, the most important case of time-space technology for lighting street lights is the construction of 5G smart street lights in the Nanchang Economic Development Zone to provide high-quality guarantees for the construction of the economic development zone
.

　　4.
Time and Space Technology: Operating performance of lighting engineering business

　　——Status of the operating performance of the lighting engineering business: the night travel economy is still the main source of revenue, and the gross profit margin is high

　　The main business of Timespace Technology is lighting engineering, and the products related to the lighting engineering business are divided into architectural space, urban space, scenic space, and smart street lights
.
The first three constitute the night economy, and smart street lights are part of the business of the new digital infrastructure
.
Space-time Technology's revenues in scenic spots and urban spaces are relatively large, with revenues of 437 million and 352 million yuan, respectively.
The total revenue of night economic business is 837 million yuan, and the revenue of smart street lighting business is 27 million
.

　　The night economic gross profit margin is relatively high.
The gross profit margin of the three subdivided night economic lighting business is between 35% and 43%, while the gross profit margin of smart street lamps belonging to the digital new infrastructure is only 12.
87%
.
Smart street lights are a popular direction in the lighting engineering industry in recent years.
Although the gross profit margin is not high, the smart street lights business will undoubtedly open up a new revenue growth direction for Space Technology
.

　　——Intelligent street lamp business performance: continuous investment in research and development, new growth points of corporate revenue

　　In addition, although the current revenue of smart street lamps is relatively low, forward-looking believes that this business will have a larger market space in the future.
Space-time Technology has obtained patent opportunities in smart street lamps, leading most companies in the industry
.
In 2020, Space-time Technology and its subsidiaries will have a total of 18 research and development topics, and 8 new patents, involving video data analysis, smart light pole systems, smart IoT hardware and other aspects
.
And has a strong scientific research team, able to continue to research and develop related technology patents
.
By the end of 2020, Space-Time Technology has 152 R&D technicians, 1 doctorate and 28 masters
.

　　5.
Time and Space Technology: Lighting Engineering Business Development Plan

　　As the digitalization process accelerates, a digital transformation centered on new infrastructure is affecting the entire society
.
Smart cities, industrial digitization The use of new-generation digital technologies such as big data, cloud computing, and AI is providing support for various real economies and traditional industries to carry out a full range of industrial digital transformation
.
Timespace Technology continues to deepen the construction of new digital infrastructure, and actively explore future diversified integration methods
.

　　The above data refers to the "China's Lighting Engineering Industry Market Forecast and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute.
At the same time, the Qianzhan Industry Research Institute also provides industry big data, industry research, industry chain consulting, industry map, industry planning, park planning, Solutions such as industry investment promotion, IPO fundraising feasibility study, and prospectus writing
.

　　Original title: dry goods! Analysis of Leading Companies in China's Lighting Engineering Industry in 2021-Space-Time Technology: Smart Street Lights Create New Growth Points

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