(Report Producer/Author: Minsheng Securities, Lv Wei, Li Zhe)
1 The layout of new infrastructure is accelerating, and mine intelligence has become a development trend
1.1 Transformation of mines to digital intelligence
Based on the concept of modern intelligence, intelligent mine pays attention to efficiency issues, safety issues and benefit problems, and deeply integrates the Internet of Things, cloud computing, big data, artificial intelligence, automatic control, industrial Internet, robotized equipment, etc. with modern mine development technology, forming a complete intelligent system of mine comprehensive perception, real-time interconnection, analysis and decision-making, independent learning, dynamic prediction, and collaborative control, and realizes the intelligent operation of the whole process of mine development, mining, transportation, sorting, safety assurance, ecological protection, and production management. The core elements of the realization of intelligent mines are to integrate modern information, control technology and mining technology, find an efficient, safe and environmentally friendly production path behind the complex resource mining information, carry out the best collaborative operation control of the mine system, and automatically create a new control process according to changes in the geological environment and production requirements.
1.2 Began in the 1990s and is currently in the stage of partial intelligence
Mining in the mainland has gone through the stage of mechanization, automation and intelligence, among which the intelligent construction of mines is based on the results achieved by mine automation, informatization and digitalization. Combined with the historical background of the development of automated mines, information mines and digital mines, the development of smart mines can be roughly divided into 4 stages. include:
(1) Stand-alone automation stage (1990s): The typical features of this stage are the application of classified sensing technology and two-dimensional GIS platform, and the formation of stand-alone transmission channels, which realize programmable control, remote centralized operation, alarm and locking.
(2) Comprehensive automation stage (early 21st century): The typical characteristics of this stage are the application of the integrated platform and the 3D GIS digital platform, the formation of high-speed network channels, and the realization of primary data processing, primary system linkage, and comprehensive information release.
(3) Partial intelligent stage (2010 to present): It is the stage of the current Chinese mine, which has undergone two technical stages of visual long-distance intervention (1.0 era) and automatic straightening of the working surface (2.0 era), and is currently in the process of researching the transparent working surface (3.0 era). The typical characteristics of this stage are the application of BIM, big data, and cloud computing technologies, which realize local closed-loop operation, multiple system linkage and professional decision-making.
(4) Comprehensive intelligent stage (future): The advent of the intelligent mine 4.0 era has reached the level of transparency mine and full mine control coordination.
1.3 Coal mine intelligence has taken the lead in entering the initial stage
The structure of the mine is complex and can be divided into coal mines and non-coal mines, and non-coal mines can be divided into metal mines and non-metal mines. The types of mines are complex and diverse, but because coal mines and non-coal mines are similar in multiple key links such as mining, rock drainage, and transportation, there is consistency in the way of intelligent transformation, and coal mines have taken the lead in intelligent transformation due to low construction difficulties and large market demand.
Ordinary coal mines develop into intelligent coal mines: (1) infrastructure construction such as intelligent system base stations and remote control platforms is required; (2) It is necessary to intelligently transform or purchase coal machines and other equipment; (3) It is necessary to build software and hardware such as interactive information platform and data analysis system platform; (4) It is necessary to connect and integrate the control systems and control technologies of each sub-(sub), such as the integration of the comprehensive mining subsystem, the comprehensive excavation subsystem, the safety subsystem, the lifting subsystem, etc. to form an intelligent complete set of control systems for the entire mine. It involves more than 90 subsystems and can be divided into 3 parts: intelligent production system, intelligent occupational health and safety system, intelligent technology and logistics support system.
1.4 The intelligent mine industry chain has been comprehensively upgraded and the production mode has been optimized
The industrial chain of the intelligent mining industry shows a dual trend of improving the adaptability of upstream components and increasing with the exponential increase of downstream demand. Upstream is mainly the use of system integration cameras, explosion-proof computers, explosion-proof inverters and other parts and components, as well as bearings, rubber wheels, shells and other processing consumables suppliers, such as Baoxin software; the downstream is mainly coal, non-ferrous metals and other mineral resources mining companies, such as Yang coal group (Yangquan Coal), Shaanxi Coal Chemical, China Huaneng, etc.; the industrial Internet according to the scale of enterprises, production conditions, IT/OT system construction, through the production and distribution of mineral resources and upstream and downstream links, to achieve mineral subsystems, overall production, Multi-level optimization of the operation and management of mining groups.
Under the background of high prosperity in upstream and downstream, the intelligence mapped to the production links of mines is imminent. Mine production can be divided into planning and design, mining and filling, and transportation improvement.
In terms of planning and design, the mainstream mine spatial information processing software on the market is mainly used for mechanical and architectural design and development of CAD technology, the service of spatial information is weak, with the intelligent transformation of coal mines, coal-specific GIS technology has been developed and applied, from geological exploration to well construction, excavation and recovery, the data of the control coal seam is more collected, and the spatial form and properties of the coal seam are accompanied by a process from "invisible" to "locally visible", infinitely close to reaching "transparency".
In terms of mining and filling, we will comprehensively carry out intelligent manufacturing of coal machines, relying on scientific and technological innovation to carry out research and development of mining transportation support equipment, open-pit mining equipment, coal mine automation and electro-hydraulic control equipment, so as to achieve the reduction of personnel and efficiency of the working surface of tunneling and comprehensive mining.
In terms of transportation improvement, the mine underground narrow rail signal control and scheduling of the intelligent mine takes the mine rail transportation monitoring system as the core, through the construction of a multi-network integrated mine underground high-speed information transmission channel, the use of advanced industrial Internet of Things technology, on the basis of the mine integrated automatic system, the underground locomotive, personnel, minecart, materials and other moving objects of the target identity, mobile trajectory tracking, interlocking collaborative control, operating status monitoring, equipment information interaction and other functions are integrated. Realize the mine movement under the unified technology platform, and the goal of comprehensive safety monitoring and information management.
1.5 Industry scale: Driven by the dual drive of "demand + supply", the scale of the smart mine market continues to expand
1.5.1 Demand side: Coal mines still occupy the main share of the energy consumption market
The mainland's resource endowment has the characteristics of "rich coal, poor oil and little gas", which determines the pillar position of coal mines in energy storage. At the same time, it is affected by comprehensive factors such as the scope of application and the difficulty of mining, and a resource mining structure with coal mine resources as the mainstay and non-coal resources advancing in synergy has been formed. Although from the perspective of energy consumption structure data from 2012 to 2020, the proportion of coal mine consumption shows a downward trend, due to the advantages of maturity, reliability, low price, etc., coal mine resources will still be the dominant and basic energy in the mainland's energy structure for a long period of time, playing an important role in the sustainable development of the mainland's national economy.
1.5.2 Supply side: The scale effect of smart mines promotes the steady growth of raw coal production
Under the background of the declining number of coal mines and the intensification of the Matthew effect between mining enterprises, smart mines can meet the urgent needs of enterprises to increase production by expanding the scale of production. From 2012 to 2016, due to the slowdown in market demand, special rectification, and the urgent need to upgrade the operation and management of coal mining enterprises, raw coal production showed a certain contraction trend. From 2016 to 2020, with the large-scale popularization of smart mines and the significant increase in the intensification of the industry market, the mainland's raw coal production achieved rapid growth, with a cumulative increase of more than 14% during the period. In 2020, the mainland's raw coal production reached 3.90 billion tons.
Coal mine mechanization is the basis of coal mine intelligence, and only through accurate data analysis and monitoring and control of existing coal mine machinery and equipment can effective intelligent upgrading be realized. Under the impetus of state policies, in recent years, a lot of progress has also been made in the mechanization and intelligent construction of coal mines on the mainland. Since 2010, the degree of mechanization of coal mining in mainland coal mines has gradually increased, according to the statistics of the National Coal Mine Safety Production Work Conference in January 2020, by the end of 2019, the degree of mechanization of coal mining in coal mines nationwide has reached 78.5%, compared with 65% in 2010, which is significantly higher; according to the "Energy Technology Revolution Innovation Action Plan (2016-2030)", intelligent mining will be realized in 2030, and key coal mining areas will basically achieve unmanned work surface and controlled in the trough set. The degree of mechanization of coal mining in coal mines nationwide has reached more than 95%, and the degree of mechanization of excavation has reached more than 80%. It can be seen that under the dual drive of demand and supply, the demand potential for the construction of smart mines in the mainland can be expected in the future. (Source: Future Think Tank)
2 days and places are favorable, and the three mountains and mountains of intelligent mine development are stacked
2.1 days: The prosperity of the smart mining industry continues to rise with the help of policies
From 2016 to 2021, the Chinese government has gradually strengthened its emphasis on smart mines, and has given corresponding guidance and suggestions, and the types of intelligent mines have gradually expanded from coal mines to non-coal mines. In particular, in February 2020, the National Development and Reform Commission, the Energy Bureau and other eight departments jointly issued the "Guiding Opinions on Accelerating the Intelligent Development of Coal Mines", which for the first time put forward specific goals for the intelligent development of coal mines at the national level, aiming to promote the integration of intelligent technology and the coal industry, improve the level of intelligent coal mines, and promote the high-quality development of the coal industry.
In the past, due to factors such as resource storage conditions, the complexity of development and utilization processes, and the level of technology and equipment, the level of coal automation and intelligence was low, and the technologies of intelligent monitoring, prediction, and early warning of major safety hazards were relatively backward, resulting in frequent coal mine accidents. Since 2015, the death rate of coal mining has shown a clear downward trend.
On the one hand, this is due to the intelligent construction of coal mines to promote the production process to be less humanized and unmanned. Between 2016 and 2020, the mainland's raw coal production continued to increase, reaching 3.90 billion tons in 2020, but at the same time the death rate was decreasing year by year, the number of deaths in mainland coal mines fell from 538 in 2016 to 225 in 2020, and the million-ton mortality rate also fell from 0.156 to 0.058.
On the other hand, it benefits from the great importance attached to safe production at the policy level. Since the mainland coal mining industry entered the stage of partial intelligence, a number of relevant policies for intelligent mines have been closely related to the safety of coal mine production. In June 2017, the State Administration of State Safety Supervision and the State Administration of Coal Mine Safety supervision issued the "13th Five-Year Plan for Coal Mine Safety Production", proposing that by 2020, the number of coal mine deaths will continue to decline, major accidents will be effectively curbed, positive progress will be made in the prevention and treatment of occupational disease hazards, reaching the safety level of moderately developed countries, and the situation of coal mine safety production will be fundamentally improved, and the number of coal mine deaths and the death rate of one million tons in coal mines will be reduced by more than 15%. In April 2020, the State Council Safety Committee officially issued the "National Three-Year Action Plan for Special Rectification of Work Safety", proposing to accelerate the construction of mechanization, automation, informatization and intelligence.
2.2 Geographical advantage: Continuous evolution of IT infrastructure provides technical support
5G, big data, artificial intelligence, Internet of Things, cloud computing and other new generation of information technology to solve system architecture and interoperability, data processing decision-making and advanced computing problems, it through the form of technology empowerment to promote the construction of intelligent mines. Among them, the intelligent mine joint solution released by Huawei integrates the industry's practical experience in smart mine construction and combines ICT technology to form the overall architecture of "3 1+N+5" intelligent mines, thereby improving the level of intrinsic safety production of mining enterprises. The Hongmeng mine operating system launched by Huawei, Minhong, will also help the intelligent transformation of the coal mining industry from four aspects: first, jointly build the coal mine industrial Internet, build the future coal mine, and effectively solve the problem of "industrial security"; second, effectively promote industry adaptation by formulating coal mine industry interfaces and protocol standards; third, polish the coal mine industrial Internet of Things operating system to achieve safety and credibility of the industrial control system; fourth, build a coal mine industrial Internet ecosystem, and promote the integration of digital economy and energy economy. Achieve high-quality development of the coal industry。
2.3 People: "saving expenditure + increasing income" prompts enterprises to increase investment in intelligence
From the cost point of view, the underground operating environment of coal enterprises is harsh, it is more and more difficult to recruit workers, and labor costs are showing an upward trend. The number of people in the coal mining residue washing industry in mainland China fell from 5.2719 million in 2010 to 2.8468 million in 2019, a 46% drop. Coal enterprises are facing a serious situation of aging employees, and the average age of underground workers in some enterprises is more than 45 years old, making it difficult for enterprises to attract a new generation of young people. The intelligent transformation of coal enterprises can realize the reduction of personnel and efficiency of the excavation work surface, the lack of people or unmanned operation in the comprehensive mining work surface, and the unattended and remote monitoring of fixed positions in underground and open-pit coal mines, effectively reducing the personnel demand of coal enterprises and reducing labor costs.
From the perspective of income, the state maintains the stability of coal prices, and the intelligentization of coal increases mining output. In 2021, there will be an unprecedented market for coal, the highest spot price of coal has been more than 2500 yuan / ton, and the individual contracts on the disk have exceeded the high of 2000 yuan / ton. At the end of October 2021, with the continuous increase in the efforts to ensure supply and stabilize prices, the supply increase was obvious, and coal prices returned to the rational range after the NDRC cracked down on hoarding and carried out cost and profit research in accordance with the Price Law. In 2022, the general trend of coal prices soaring and plummeting will no longer exist, and the state will implement policy intervention in a timely manner when coal prices fluctuate sharply to ensure that coal prices fluctuate within a reasonable price range. The intelligent transformation of coal mines can effectively improve the efficiency of coal mining and increase the income of enterprises on the basis of stable coal prices. According to McKinsey research, coal companies can fully release the intelligent potential to increase profits by 7%-12%, and increase return on investment by 2%-3%.
3 High-tech University of Technology: underground track signal control and intelligent dispatch leader
3.1 Underground rail signal control and intelligent dispatch leader focusing on transportation and lifting
Founded in 2001, HTECH was listed on the Science and Technology Innovation Board in 2021. The company is a complete solution provider for signal control and safety scheduling in the field of industrial railways and intelligent mines, with railway signal safety integrity technology and anti-explosion design technology as the core, providing signal interlocking, dispatching concentration, logistics intelligent management, mine unmanned driving, mine locomotive transportation intelligent dispatching command, mobile target accurate positioning and control integration, wireless communication (5G/WiFi6) and other solutions for industrial railways. Products have been widely used in metallurgy, mining, petrochemical, port, electric power and other industries, covering 31 provinces, municipalities and autonomous regions in China.
With control and intelligent scheduling as the core, it has formed a mine transportation information solution provider with surface and underground. The company's main business includes: mine underground narrow gauge signal control and intelligent dispatching products, surface industrial railway signal control and intelligent dispatching products, system integration and services, accounting for 25.6%, 46.6% and 27.9% of revenue in 2020, respectively. With signal control and intelligent scheduling products as the core, the company has developed two routes with surface as industrial railway and underground as underground narrow rail, accounting for 72% of the company's revenue in 2020 and becoming the company's main business support point.
The evolution of the company's ground industrial railway signal control and intelligent scheduling products is the epitome of domestic substitution. At the beginning of the establishment of the company, the main products in the ground industrial railway signal control are the use of Siemens industrial railway computer interlocking system; with the development of the company, the product range continues to expand, and gradually form an industrial enterprise railway intelligent transportation scheduling platform; and in 2016 and 2019, the independent research and development of "GKI-33e all-electronic computer interlocking system" and "GKS-37i train automatic monitoring system" and other products have obtained relevant international certification. Among them, GKI-33e has become the first set of all-electronic computer interlocking system products that have passed the system-level SIL4 certification in China, with complete independent intellectual property rights; GKS-37i train automatic monitoring system has obtained the international safety level SIL2 certificate, marking a new breakthrough in the field of automatic train operation monitoring technology. The main technical qualifications of the two urban rail and national railway markets have been perfected, which determines that the company is in a dominant position in the competition of the industrial railway market and the urban rail transit industry.
The development of the company's mine underground narrow gauge signal control products is accompanied by an overall technological transition to achieve synchronous updates. At the beginning of the establishment of the company, the main product of the mine underground narrow rail signal control was KJ293(A) mining rail transportation monitoring system. With the development of industrial Ethernet and the Internet, a multi-network high-speed information transmission channel for mines has been built, and in 2010, a mobile target safety monitoring and management information platform covering mine locomotives, wagon materials, rubber wheels, personnel and equipment was successfully developed. In 2011, the "KJP100 Mine Mobile Target Safety Monitoring and Information Management Integrated Business Platform" was covered by the company's core products such as mine rail transportation monitoring system, automatic tracking management system for wagon materials, mine rubber wheeler transportation monitoring system, coal mine personnel positioning management system, mine wireless communication system, mine inclined lane rail transportation monitoring device and mine integrated automation system, which solved the problem of high-speed identification when moving underground moving target groups. A unified communication and data management platform for mine movement targets has been established to achieve comprehensive centralized monitoring, collaborative scheduling and comprehensive management of mine mobile targets.
The company's products have been recognized by many mainstream customers, and the industry influence has been continuously expanded. Entering 2021, the company signed a strategic cooperation framework agreement with Shanghai Energy (a coal enterprise that is jointly engaged in coal production and transportation); the company undertook the construction of an auxiliary transportation intelligent dispatching command system to help the Longwanggou Coal Mine of Guoyuan Mining Development Co., Ltd., the first 10 million-ton intelligent demonstration coal mine in inner Mongolia Autonomous Region, successfully pass the assessment and acceptance of the autonomous region; the company accurately determined the position of the construction personnel for the Tangjiahui Coal Mine of Huaihe Energy Western Coal and Power Group. The integrated intelligent control system such as auxiliary transportation dispatching command and wellhead intelligent access control helped the mine successfully pass the intelligent mine assessment and acceptance in the Inner Mongolia Autonomous Region.
4 Longsoft Technology: a leading software and service provider for the coal industry in China
4.1 Geodetic spatial information system technology as the "layout hand"
Beijing Longsoft Technology Co., Ltd. was founded in 2002 and completed the overall transformation of the joint-stock system in 2011. In December 2019, the company successfully landed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. After nearly 20 years of development, the company has taken the lead in the geodetic spatial information system, and has gradually become the industry leader in the research and development and application of key technologies for safe production space information processing in coal mines. At the same time, it has accumulated a deep industry background, technical maturity and R&D commercialization transformation capabilities and a high degree of market recognition.
4.2 Company business: three major platforms empower four major product lines, deeply rooted in mineral intelligence
The technical core of the three platforms builds its own business foundation. With years of R&D investment, the company has achieved breakthroughs in technical problems such as intelligent mining, dynamic supervision, control visualization, resource sharing and integration, and developed three basic technology platforms with completely independent intellectual property rights, Such Asruan GIS, LongRuan Secure Cloud Service Platform and LongRuanGIS "One Map", which can meet the needs of government agencies, enterprises and institutions and individuals for editing, retrieving, analyzing, managing, integrating, building, publishing and sharing data in multiple heterogeneous spaces.
LongRuanGIS: As the company's underlying core technology platform, the platform specializes in the field of underground space information, which can be used to complete intelligent tasks such as mapping and spatial analysis, and is the core technical means to achieve the intelligent development of coal mines.
LongRuan secure cloud service platform: The rapid deployment, unified management, timely update and other functions of the platform are the core elements of the company's continuous maintenance and update of customer products, so as to reduce the operating costs of enterprises in a simplified GIS business environment, which is an important part of providing enterprises with overall solutions.
LongRuanGIS "one map": The platform builds a core data system by integrating all stages and links of coal mine production, forming an "electronic sand table" for coal mine production and safety status, ensuring the safety and accuracy of production is the booster for realizing the safety management and efficient production of coal mining enterprises.
The four major products continue to iterate and expand horizontally to the non-coal field. The company has formed four core product lines, including LongRuanGIS software, intelligent mine industrial software, intelligent safety supervision emergency rescue system, and virtual simulation system, and developed a total of 39 professional systems or platforms with different functions and different fields. The comprehensive and personalized information overall solution starts from serving large and medium-sized coal mines and other energy enterprises, and extends to customers such as governments and educational institutions. At present, while the business segment covers the GIS system to improve the efficiency of coal mining, it combines the Internet of Things, big data, cloud computing and other technologies to realize the information integration and management of all processes of intelligent coal mines, so as to meet the comprehensive needs of enterprises for intelligent mining and intelligent supervision. In addition, through continuous benchmarking industry projects, the company is expected to replicate the achievements of coal industry informatization to public safety and other industries.
On May 17, 2021, the company and Huawei jointly proposed an overall solution for the construction of intelligent mines at the Huawei Ecological Conference, mainly including key technologies and typical cases such as the intelligent comprehensive mining working surface of the coal mine, the intelligent excavation working surface, and the intelligent control platform for safe production based on the "one map", so that the coal mine "from isolation to coordination" and "safe and intelligent control, so that the mine knows how to operate automatically" has become a reality. (Source: Future Think Tank)
5 Analysis of key companies
5.1 Hi-Tech University - underground track signal control and intelligent dispatch leader
With control and intelligent scheduling as the core, it has formed a mine transportation information solution provider with surface and underground. The company's main business includes: mine underground narrow gauge signal control and intelligent scheduling products, surface industrial railway signal control and intelligent dispatch products, system integration and services, the development of the ground for industrial railways, underground for the underground narrow gauge dual line.
The industry's natural high barriers are superimposed on the perfect railway and mine product lines, forming a trend of two lines going hand in hand. At present, the company has passed a number of major technical qualification certifications in the urban rail and national railway markets, and has built a multi-network high-speed information transmission platform for mines to achieve comprehensive management of mine mobility goals, and the brand has been recognized by many mainstream customers and continuously expanded its industry influence.
5.2 Meiansen - with gas monitoring as the center, open up the safe growth space of the mine
Mei Ansen started in the field of Internet of Things and security, facing the three major sectors of mining, environmental protection and urban management. The mining business is the company's main business, providing users with security and production overall solutions including Internet of Things software platform, intelligent sensors at the collection end, transmission control equipment and networks, operation and maintenance services, etc., and at the same time, through cloud computing and big data analysis technology applications, to provide customers with safe production intelligent applications and value-added services. The main products of the environmental protection business include intelligent integrated sewage treatment products jointly developed for decentralized domestic sewage treatment plants such as beautiful villages and schools; a water operation management information platform developed for the operation and management needs of collectivized and large-scale sewage treatment units (plants), and professional solutions and customized sewage treatment products based on core sewage treatment technology packages for industries such as black and odorous water bodies in rivers and mine wastewater. In the field of urban management, it mainly includes various types of smart city management integrated service platforms, gas monitoring, structural safety monitoring and early warning and other safe operation and maintenance platform products.
The dual integration of cutting-edge technology, software and hardware and sales services constitutes the "troika" of the company's core competitiveness. 1) The company relies on a comprehensive and solid industry technology foundation and strict product quality control system to establish a perfect and functional monitoring and monitoring and early warning technology system; 2) The full technology chain of software and hardware technology chain integration brings expansion advantages. The company has a complete technical system from information collection, network transmission, automatic control, platform software application, big data analysis and visual display application, based on the technical system has realized the integration of applications in mining, urban management, environmental protection and other business areas, with perfect technical control capabilities; 3) sales and service integration through the establishment of regional offices, the formation of "sales staff + pre-sales technical support engineers + after-sales project delivery operation and maintenance engineers" constitutes the "iron triangle" of regional marketing management. While responding to the relevant needs of customers in a timely manner, we will strengthen product sales promotion and collect technical feedback from customers in a timely manner to provide a positive closed loop for subsequent technical improvement and product optimization.
5.3 Longsoft Technology- a GIS leader in smart mines
The company adopts a "technology-led" marketing model, using its own technical advantages to drive continuous update and improvement of products and services. In the first three quarters of 2021, the company adhered to the strategic policy and increased the resource investment in sales and R&D projects, with sales expenses of 13.3237 million yuan, an increase of 34.70% year-on-year; management expenses of 15.0573 million yuan, an increase of 19.62% year-on-year; and R&D expenses of 26.3349 million yuan, an increase of 65.74% year-on-year. The company has created a basic technology platform with independent intellectual property rights such as LongRuanGIS, LongRuanTGIS, LongRuan Mobile GIS, LongRuan Cloud Service, etc., and gradually expanded the through-line software development and service model to various application fields, establishing a strong technical advantage and leading market position.
Together with Huawei, the intelligent transformation of coal mines will be accelerated. Based on the multi-dimensional GIS "one map" intelligent unified management and control platform, the company will help intelligent coal mines achieve "online analysis and control collaboration", and will build intelligent mine solutions based on HUAWEI CLOUD digital platform and Huawei Mining Hong. On September 14, 2021, Huawei released the "Mine Hong Operating System" to the entire industry, which will finally and completely realize the interconnection and interface standardization of the mine's massive equipment and sensors. As Huawei increases the field of intelligent coal mines, the company is expected to benefit preferentially as a manufacturer of in-depth cooperation with China.
5.4 Precise information - accurate attack on auxiliary transportation solution providers
The three major businesses are oriented to key industries, and the business territory is extended and many parties fly together. Military industry, coal mine safety and information and communication constitute the company's main business. 1) The military business is oriented to two major product lines through its subsidiaries: one part of which is provided by Shikai Technology for the military to provide products listed in the military weapons and equipment sequence; the other part is provided by Fuhua Yuqi for the military to provide information system integration and related products and services; 2) the coal mine safety business provides monitoring, monitoring and prevention of related products and technical services for coal mine roof safety, underground transportation and mining production and other coal mine operation links, the main products include coal mine roof monitoring system, coal mine underground intelligent auxiliary transportation system, Bluetooth digital Instrumentation such as manometers, intelligent integrated liquid supply systems, etc.; 3) The information and communication business provides services for coal mine 5G communication systems, military information products, rail traffic vehicle communications and energy industry information through the information communication capabilities of its subsidiary Fuhua Yuqi.
The moderate diversification of operation under the group management model provides continuous pulling impetus for the "troika" of operating business. The main undertakers of the company's business, Shikai Technology, Mining Technology, and Fuhua Yuqi, have been engaged in the business field for many years and have become more influential domestic enterprises in their respective fields. With the acceleration of the digital and intelligent transformation of the mainland, multiple industries are intertwined, and the company's layout in multiple fields is in line with the future trend, and it is expected to continue to expand its business territory in the future.
(This article is for informational purposes only and does not represent any of our investment advice.) For usage information, see the original report. ）
Featured report source: [Future Think Tank]. Future Think Tank - Official website