With the development of water industry informatization and the support of relevant policies, the market space of smart water related equipment is broad. At the 2021 performance exchange meeting, Li Jixi, chairman of Wpg (Shanghai) Smart Water Public Co.Ltd(603956) ( Wpg (Shanghai) Smart Water Public Co.Ltd(603956) . SH), said that the latest opinions on promoting urbanization with the county as an important carrier issued by the State Council Office will promote the old transformation of the company’s secondary water supply equipment, the transformation of the old pipe network and the development of the rural drinking water market.
In 2021, the revenue of smart water in the company’s operating revenue was 191 million yuan, with a year-on-year increase of 392.09%. At the performance meeting, Li Jixi, chairman of the board of directors of the company, explained the growth drivers of the water business asked by investors. The drivers of the company’s water business include: policy support, promotion of technological development, the needs of the water company’s own operation and the needs of the development of provinces and cities.
The opinions on promoting the urbanization construction with the county as an important carrier issued by the State Council Office on May 6 will promote the old transformation of the company’s secondary water supply equipment, the transformation of the old pipe network and the development of the rural drinking water market.
According to the annual report, the company signed the investment agreement and supplementary investment agreement with the Management Committee of Jiangsu Nantong suxitong science and Technology Industrial Park. It plans to purchase land use rights in suxitong Park and invest in the construction of smart water supply and drainage production and R & D base, with a total investment of 2 billion yuan. The investment project is implemented in two phases. On November 17 last year, the foundation laying ceremony of Wpg (Shanghai) Smart Water Public Co.Ltd(603956) smart water products R & D and integrated manufacturing Nantong base was held in Jiangsu Nantong suxitong science and Technology Industrial Park. The first phase of the project covers an area of about 200 mu, with a planned total investment of 1.2 billion yuan.
For the development prospect of the smart water industry, Hong Dafu, a vertical and horizontal partner of Peking University, said in an interview with the financial associated press that smart water is the application of smart cities in the vertical field. Under the background of national construction of smart cities, science and technology such as Internet of things, 5g and cloud computing provide management means for government management. In the development of water informatization business, smart water gradually realizes business expansion in the field of water Internet of things based on the water management software platform. Smart water, as an important concept of information development in the water industry, reshapes and solves the problems of water work through the application of smart technology, related software and hardware and information technology.
With regard to the progress of the company’s fixed increase projects, Li Jixi said that at present, the company’s non-public offering of shares has been completed. As of April 8, the relevant subscription funds have been fully paid. According to the company’s announcement, the funds raised from the non-public offering of shares will be used for the smart water supply and drainage production R & D base project and supplement working capital.
According to the official website of the Ministry of water resources, in the first four months of this year, China completed a total investment of 19.8 billion yuan in water conservancy construction, a year-on-year increase of 45.5%. According to the investigation, a total of 107.7 billion yuan of water conservancy investment was completed in the first three months, with a year-on-year growth rate of 35%. The water conservancy construction goal set by the Ministry of water resources this year is to start 30 major water conservancy projects and complete an investment of 800 billion yuan in water conservancy construction.
