The parent company, Zhongcong Technology, is rapidly incubating new business

Zhongkong Technology, the parent company of Ningbo Quanshi Technology, was mainly engaged in chemical, petrochemical, thermal power and metallurgical industries in the early days of its establishment. Until 2016, Zhongkong Technology began to transform into an intelligent manufacturing solution provider.

From the perspective of product layout, Zhongcong Technology is vigorously developing and launching intelligent manufacturing related products.

According to the 2022 annual report of Zhongkong Technology, it is focusing on building intelligent manufacturing products and solution systems with three product technology platforms as the core: Factory Intelligent Operation management and control system (i-OMC), “Factory operating system + Industrial APP” smart factory technology architecture and process industrial process simulation and design platform (APEX).

In addition, the company is actively exploring the application of AT technology and big data technology in the industrial field, and its products – Intelligent Operation Management and Control System (i-OMC), the first process industrial process simulation and design platform (APEX) in China, have supported the construction of more than 1,000 smart factories.

From the perspective of performance, the revenue of industrial automation and intelligent manufacturing solutions of Zhongcong Technology was 436,6121,200 yuan, accounting for 66.19% of the main business income, which is the main source of income of the company.

At present, Zhongkong Technology is also actively deploying to cultivate the second growth curve – industrial software, and has achieved stable revenue.

According to the 2022 annual report of Zhongkong Technology, in 2022, its industrial software revenue was 632,217,400 yuan, with a year-on-year increase of 65.29%. Industrial software is the optimization method of automation and intelligent manufacturing solutions, and it is also the direction of the development of central control technology strategy.

From the perspective of talent reserve, among the senior executives of Zhongkong Technology, there are talents related to national robots and card robots, which helps to promote the development of its robot business.

According to the data of the “Software and information technology Service Industry Statistical Bulletin in 2022″ released by the Ministry of Industry and Information Technology, the revenue of China’s industrial software products in 2022 is 240.7 billion yuan, an increase of 14.3%, 3.1% higher than the level of the whole industry.

This means that there is still a large demand for automated control systems in manufacturing technology transformation and factory automation, and industries such as new energy, chemical and new materials, biopharmaceuticals, and oil and gas storage and transportation will become new growth points for automated control systems.

In the business plan of the 2022 annual report, Zhongcong Technology revealed that it is rapidly incubating new businesses, including building smart laboratory benchmarks in the petrochemical and chemical industries, carrying out Internet operation of Inplant SCADA, and enriching intelligent robot solutions; Actively explore the development direction of smart agriculture in agriculture; At the same time, it focuses on emerging application industries such as major equipment, mechanical transmission, tobacco and new energy, and comprehensively improves the brand influence and competitiveness of ZhongCON PLC&SCADA.

The establishment of Zhongcong Quanshi Technology (Ningbo) Co., Ltd. is conducive to the promotion of its intelligent robot solution business to a certain extent.