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Dialogue with the future star of Sichuan businessmen|Qianjia Technology: Ultrasonic gas meters will be an industry trend, and the manufacturing cost will gradually decrease

author:National Business Daily

Every reporter: Xiong Jianan Every editor: Yang Xia

When it comes to water and electricity, nature is an inseparable "big event" in our lives, but we often don't take the initiative to care about how the water and electricity meter, which is the data carrier, works and changes. In fact, with the changes of the times, the metering tools such as water and electricity meters have also undergone the process of manual meter reading in the past to intelligent remote meter reading.

Chengdu Qianjia Technology Co., Ltd. (hereinafter referred to as "Qianjia Technology"), located in Shuangliu District, Chengdu, is one of the members of this process. Since its establishment in 2001, Qianjia Technology has built an industry-wide ecosystem of smart metering and safety products, IoT application solutions and smart services in the field of Internet of Things, and created new scenarios of digital economy such as smart gas, smart water and smart campus, and is committed to becoming a leading provider of comprehensive urban IoT solutions and empowering the construction of smart cities.

In October 2023, the 2023 (4th) Future Conference with the theme of "Science and Technology Unbounded - Intelligence, Green and Integration" was held in Chengdu, hosted by the Sichuan Chamber of Commerce and the Sichuan Business Enterprise Development Strategy Research Institute, co-sponsored by Bank of Shanghai Chengdu Branch, Guojin Securities, Boyuan Capital, Deloitte China, and Tahota Law Firm, with National Business Daily as the co-host media. The conference released the "2023 Future Star - Top 20 Most Valuable Investment Enterprises of Sichuan Businessmen", and released the two major awards of Future Star for the first time - the Entrepreneurial Emerging Award and the Growth Potential Award. Qianjia Technology is the 2023 Future Star TOP20 listed enterprises. The blockbuster release of the "2023 Future Star" series list has helped draw a map of Sichuan's science and technology innovation forces.

Recently, the column of "Dialogue with the Future Star of Sichuan Businessmen" of the Daily Economic News has entered Qianjia Technology and talked about smart gas.

Dialogue with the future star of Sichuan businessmen|Qianjia Technology: Ultrasonic gas meters will be an industry trend, and the manufacturing cost will gradually decrease

Qianjia Technology product display. Image source: Photo by reporter Xiong Jianan

Ultrasonic gas meters will become an industry trend

Since the 50s of the 20th century, the gas meter market in mainland China has experienced the development stages of mechanical ordinary membrane gas meters, IC card membrane gas meters, remote membrane gas meters, Internet of Things membrane gas meters, and ultrasonic gas meters. As a veteran of the gas meter industry, the membrane gas meter relies on physical power to promote the operation, and now it is gradually facing the fate of being eliminated after changing the pattern of thousands of gas meters.

Instead, there will be a number of new smart electronic gas meters, among which Qianjia Technology is currently committed to promoting ultrasonic gas meters. As the name suggests, the ultrasonic gas meter is an all-electronic metering instrument that uses the principle that the time difference between ultrasonic waves propagating along the forward and countercurrent in the gas medium is proportional to the gas flow rate.

Compared with traditional meters, the advantages of ultrasonic gas meters make them dominant among all current electronic metering systems.

Ultrasonic gas meters. Image source: Photo by reporter Xiong Jianan

"Daily Economic News" reporter learned that the ultrasonic gas meter has the characteristics of high precision, like the previous membrane gas meter after two or three years of measurement accuracy will be attenuated, theoretically the operating principle of the membrane meter is the contraction or expansion of the skin, after a long time of operation due to the wear of mechanical parts such as the rear valve cover and seat, the elastic contraction of the skin, resulting in this kind of watch will go slower and slower. The ultrasonic gas meter adopts the segmented flow coefficient correction to achieve 1.0 level accuracy, the product has a low starting flow, can detect the flow of small gases, and also has the characteristics of wide range and good durability.

The technical leader of Qianjia Technology said, "This kind of meter is fully electronic measurement, there is no loss caused by mechanical parts in it, and its accuracy can be guaranteed for a long time in 10 or even 20 years." ”

The technology leader said that at this stage, the cost of ultrasonic gas meters is higher than that of membrane gas meters, but with the application of large-scale integrated circuits, its cost will show a downward trend.

Combined with the advantages of ultrasonic gas meters and the future trend of cost decline, the product may face broad market prospects. In the interview, the reporter learned that the current proportion of ultrasonic gas meters in China is relatively low, and the relevant technical standards will be officially introduced by the state in 2021, and the type evaluation outline will be officially implemented in June 2023, which will effectively promote the large-scale application of products.

Relevant research shows that assuming that China's gas meter production will maintain a growth rate of 8% in the future, the penetration rate of ultrasonic gas meters in 2018 will be 5%, and the annual increase will be 3%, and the market size of ultrasonic gas meters in mainland China will reach 4.1 billion yuan by 2025 based on the ultrasonic gas form price of 200 yuan.

Expand the water sector to create a second growth point

The market prospect of the main products has clarified the direction of its own development and research for Qianjia Technology, but considering the long-term development of the company, it is more necessary to build a new growth curve for the company and build a diversified business system.

For Qianjia Technology, what is the growth positioning in addition to the fundamentals, and how to build this growth chain?

Qianjia Technology also gave a clear answer: the integration of the smart gas appliance industry chain while developing smart water and promoting the construction of smart cities, simply put, is a combination of breadth and depth. In terms of depth, at present, Qianjia Technology can integrate the upstream and downstream products of the gas industry, such as valves, which were previously obtained through outsourcing, and now plans to design and produce independently. Secondly, from the perspective of breadth, Qianjia Technology is also vigorously expanding to the water sector, and the company has set up a smart water division to specialize in business development in the field of water affairs. Another sector that extends from the breadth is the construction of smart cities, such as smart campuses and smart parks.

In terms of the proportion of depth and breadth in the future development, Qianjia Technology made it clear that the proportion of depth will decline, and the breadth will expand rapidly. From the absolute point of view, the depth and breadth of development will increase, but the latter will be explosive growth, Qianjia Technology will make full use of its own experience and achievements, vigorously layout all aspects of smart city development, and strive to become a leading urban IoT integrated solution service provider.

At present, Qianjia Technology's smart gas R&D and production base is under construction. For the goals to be achieved at the end of the "14th Five-Year Plan", the company told reporters that the first is the target plan for business performance, and it will be the "14th Five-Year Plan" At the same time, Qianjia Technology will adhere to technological innovation as the source of enterprise development, relying on a number of national high-quality innovation platforms established by the company, continue to iterate technology, carry out industrial chain layout, build a diversified business system, and develop cutting-edge scientific and technological research;

National Business Daily

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