Wasion Group's 2017 revenue of 2.928 billion yuan profit of 312 million yuan

[ China Instrument Network Instrument Company ] Recently, Wasion Group released its 2017 financial report. As of December 31, 2017, the company achieved operating revenue of 2.928 billion yuan, up 12% year-on-year, and net profit attributable to company holders was 312 million yuan. Decrease by 2%.

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During the reporting period, the company's communications and fluid AMI revenue increased to 765 million yuan, an increase of 51%; ADO business income increased to 581 million yuan, an increase of 13%; electric AMI business income was 1.591 billion yuan, with 2016 Flat.
Wasion Group is a leading energy metering equipment, system and service provider in China. It specializes in R&D, production and sales of energy metering products. It has formed a wide range of services in power, water, gas, thermal and other industries and large and medium-sized business enterprises. Smart metering product line.
As a leading electric energy meter manufacturer in the country, Wasion Group has continuously sought technological innovations in the field of energy metering and energy efficiency management, and researched and developed new products to meet and meet the growing demand for energy metering. In 2017, Wasion Group's “High-Sensitivity Guankou Electric Energy Meter Key Technology Research and Application” project was awarded the 2016 Changsha Science and Technology Progress Award, which broke the monopoly of the foreign customs table for the Guankou metrology market. In 2017, Wasion Group obtained a total contract value of approximately 4.52 billion yuan from the centralized bidding of the State Grid Corporation of China.
While cultivating domestic electric energy measurement field, Wasion Group actively responds to the national “One Belt and One Road” initiative, vigorously explores overseas markets, practices “Made in China 2025”, increases automation and intelligent investment, and improves production efficiency and output per capita. , Economic benefits and social benefits have achieved remarkable results.
Currently, the Wasion Group products have been exported to more than 20 countries and regions in the world, and established business contacts with more than 40 countries and regions. The Wasion Group has already been established in Indonesia, Bangladesh, Russia, Uzbekistan, Armenia, Latvia and many other regions. It was seized and plans to set up overseas branches in Indonesia, Bangladesh and Uzbekistan.
Through interfacing with the national “Thirteenth Five-Year Plan” development plan, Wasion Group expanded to the emerging business market, built a new pattern of multi-industry support, overseas business and domestic business, and focused on promoting innovation and transformation.
Currently, Wasion Group's products have expanded from meter metering equipment to water, gas, heat and electrical product equipment. The business has expanded from energy metering to intelligent management, and the business model has evolved from product management to total solution and engineering. With the expansion of services, the market has been focusing on the domestic market to expand both domestic and international markets.
(Source: Zhitong Finance, Sina Finance, Eastern Fortune Network, Rednet)

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