Yuntong Intelligent, a subsidiary of Radio and Television Express, successfully raised 94.18 million yuan, and the mixed reform of state-owned enterprises has landed a new one

Core Introduction

Recently, Yuntong Intelligent, a subsidiary of Radio and Television Express, completed a financing of 94.18 million yuan. In this round of financing, Guangzhou State-owned Assets Mixed Reform Phase I Equity Investment Fund Partnership (Limited Partnership) contributed 31.578 million yuan, and the employee shareholding platform contributed 62.602 million yuan. The financing funds are mainly used for market expansion, research and development of new products in the field of transportation and research on forward-looking technologies, etc., to accelerate the implementation of "artificial intelligence + transportation" solutions, and help Yuntong Intelligent become the world's most powerful artificial intelligence travel system solution provider.

Adhere to the concept of innovation

Set sail in the wave of development

Founded in 2016, Yuntong Intelligent is a state-owned high-tech high-tech enterprise that is market-oriented, scientific and technological personnel as the main body, and carries out business activities based on core independent intellectual property rights, and is also the first batch of artificial intelligence library enterprises in Guangzhou.

At present, the company's products have covered more than 10 countries, more than 40 cities in China, more than 100 lines, widely used in subway, light rail, high-speed rail, airports, highways, passenger stations, ports, terminals and other scenarios, and participated in the country's first smart station (covering smart customer service, smart ticketing, smart security inspection, electronic invoice and other subsystems), the first rail transit full ticket issuing electronic invoice project, the first AFC cloud ticketing platform project and other major projects. With advanced products and high-quality services, Yuntong Intelligent has gradually become a leading enterprise in the field of rail transit and has won unanimous praise in the industry.

Accelerate the mixed reform of state-owned enterprises

Stimulate the vitality of enterprise innovation

Guangzhou Radio Group and Radio and Television Express have always been the beautiful business cards of Guangzhou's state-owned assets system. Yuntong Intelligent inherits the gene of "reform" of Guangzhou Radio Group, introduces joint investment of state-owned capital and non-state-owned capital to deepen the reform of mixed ownership, and stimulates the innovation vitality and development momentum of enterprises. Provide a strong endogenous driving force, innovative strength and open vitality for the high-quality development of enterprise artificial intelligence strategy, so as to achieve the coordinated development of industry and capital; at the same time, firmly strengthen the confidence of internal incubation of state-owned enterprises and officials to start a business, verify the reform with practical results, and store good experience and accumulate good practices for the mixed reform of state-owned enterprises.

This is another satisfactory answer sheet after Guangzhou Radio Group was selected as a "double hundred enterprises" and transformed into the pilot enterprise of the first state-owned capital investment company in Guangzhou, and it is also another classic case of the implementation of the mixed reform policy of state-owned enterprises in Guangzhou.

Promote employee stock ownership

Empower enterprises to be stronger, better and bigger

Employee shareholding is a crucial reform measure for the mixed reform of state-owned enterprises. In this mixed reform, Yuntong Intelligent adheres to the principle of "fixing shares by post and dynamically adjusting" to actively promote the work related to employee shareholding. Let employees enhance their sense of responsibility and identity with the company, fully mobilize the subjective initiative of employees, and let everyone truly strive for common interests.

The promotion of employee shareholding can attract technical leaders in the field of intelligent rail transit, build and cultivate its own expert team, maintain and expand the company's current technological leading edge, and is of great significance to improving the operational efficiency of enterprises, stimulating the enthusiasm and creativity of employees, improving the governance rules and structure of enterprises, avoiding short-term behavior of managers and promoting the long-term development of enterprises. Under the mixed reform of state-owned enterprises, Yuntong Intelligent can be stronger and better in the future.

Focus on "Artificial Intelligence + Transportation"

Strategize under the capital model

Yuntong Intelligent has a clear strategy, steady development and the ability to develop rapidly in the capital track. In the company's 2021-2025 medium- and long-term strategic development plan, Yuntong Intelligent focuses on the goals of consolidating traditional plates and increasing investment in innovative businesses, and implements a series of development strategies, including relying on the technical system, accelerating institutional innovation, striving for policy support, improving resource allocation, and doing a good job in soft power construction. Guangzhou State-owned Assets Mixed Reform Phase I Equity Investment Fund Partnership (Limited Partnership) invests in Yuntong Intelligence, which is an industrial investment based on long-term value growth.

Years of rapid development, Yuntong Intelligent has an independent and complete scientific and technological research and development, production and marketing system, under the support of external strategic resources, with equity relations as a link, and strategic investors in business exchanges, technological innovation, market expansion to carry out full cooperation, the company will be able to become a high-speed growth of innovative enterprises.

Since 2017, the rail transit industry has entered a window of reform and development, the industry has undergone rapid changes, and the scale of smart rail transit business has grown explosively. Rail transit ranks third among the seven "new infrastructure" sectors, with an investment share of 50%, which is an important "scene battlefield" for the application of key emerging technologies. At present, the track where Yuntong Intelligent is located is a correct and in line with the development trend of the track, but also a track that investors are unanimously optimistic about, and there will be a very large imagination space for investment in Yuntong Intelligent in the future.

With value creation as the core

Create a new journey of development

This successful financing provides a strong capital support for Yuntong Intelligent to deepen business expansion, strengthen "artificial intelligence + transportation", and promote the integration of service ecology. The company will continue to consolidate its market position in rail transit scenarios such as smart ticketing, smart customer service, smart ticket inspection, smart aviation display, smart security inspection, etc.; continuously expand new technologies in new areas of the rail transit market, open up new modes of smart transportation; at the same time, timely use capital means to find complementary enterprises for investment and mergers and acquisitions, and rapidly expand the business territory.

At present, the new generation of information technology of smart Internet of Things is accelerating and is becoming a new fulcrum and a new engine to promote the comprehensive strategic transformation of China's economy. With the help of the new infrastructure industry policy, Yuntong Intelligent will usher in a rapid growth dividend in the field of rail transit and create a better future.

The above content is subject to the company's announcement.