Far Away Communication: Small Module Wants To Urge "Intelligence", Where Does The Big Earth Come From?

New economy, new blue chip

No small streams, no river. A standardized, transparent, open and dynamic capital market needs the continuous increase of high-quality listed companies.

At present, a large number of mature enterprises with large capital scale and stable profitability have been gathered in the main board market of Shanghai stock market, which can reflect the economic development to a large extent. This "barometer of national economy" is playing an increasingly important role in "pulling the whole body and moving the whole body".

As of October 31, 2019, a total of 1488 listed companies were listed on the main board of Shanghai Stock Exchange, with a total market value exceeding 37 trillion yuan. Among them, the proportion of Listed Companies in emerging industries is rising. Since 2016, 447 new Shanghai listed companies have accounted for more than 40% of the new industries, such as advanced manufacturing, computer, software, Internet, pharmaceutical manufacturing, ecological management, telecommunications and so on.

In recent years, the twenty-first Century economic report participated in the fourth quarter "new economy and new blue chip" campaign launched by the Shanghai Stock Exchange, and visited a number of emerging enterprises including remote communications, Long Fei optical fiber, China Guardian and so on, trying to deconstruct the innovative codes of these new blue chips.

Looking at the share price increase list of A share listed companies this year, 603236.SH is undoubtedly one of the focuses. The recognition of the market is bound to reflect the company's remarkable points. Then, what are the "winning magic weapons" of the domestic Internet of things communication module industry? Recently, in twenty-first Century, the economic report reporters followed the "new blue chip" campaign launched in the fourth quarter of the Shanghai Stock Exchange.

Extraordinary 2019

"The forest is beautiful and the scenery is new at one time. In 2018, in the era of digital transformation and intelligent manufacturing, the volume and sales volume of mobile telecommunications reached a record high throughout the year, which further stabilized the leading position of the industry. In the new year, we are willing to work together with partners to achieve the wisdom of the earth. At the end of 2018, Qian Penghe, chairman and CEO of the Far East Communications Bureau, delivered a new year's message and sent a message to "smart earth".

Now that the year 2019 is almost over, looking back on this year, far away communication has been very extraordinary. In July 16th, the company successfully landed on the main board of Shanghai Stock Exchange and became a listed company. After the listing, the company's share price went all the way and hit a peak. Semi annual report, the first public transcript, steady growth.

In September alone, there were several major events that highlighted the competitive advantages and leading position of mobile telecommunications. The China Telecom 5G industry innovation alliance was announced. The company was unveiled as a joint sponsor unit and vice chairman unit. The two sides signed 5G terminal purchase and sale cooperation. HUAWEI's fourth full link conference was also an important partner of HUAWEI industrial chain, and was invited to participate in the "HUAWEI cloud global SIM connection service" chapter. What is more worth mentioning is that in September 25th, the annual cloud habitat conference, the remote communication with its full range of module products and customer terminals attended, and the following day, officially released the world's first vehicle gauge level dual frequency high precision satellite and inertial navigation fusion positioning module LG69T, which was jointly built by thousand search location and STMicroelectronics.

It is reported that the vehicle equipped with this module can get the positioning data of 10 centimeter accuracy in open environment, accurately judge the driveway in which it is located, and it can also maintain the continuous high-precision positioning ability in the areas where the satellite signals are blocked under elevated conditions. It can be said that with this module, driverless cars are getting closer and closer to us.

Small modules make great achievements.

"Downstairs face recognition vending machines, restaurants, scanning the code to pay the small box box, Alipay brush face payment terminal, home smart appliances, and shared bicycles, shared charging treasure, and so on, all have our products". In the interview, CEO Qian Penghe introduced the company's main products, and now the company's main products have reached four hundred or five hundred. From 2G to 5G, application ends are distributed in wireless payment, vehicle transportation, intelligent energy, smart city, intelligent security, wireless gateway, industrial application, medical health and agricultural environment, and so on. There are four thousand or five thousand existing customers, including HUAWEI, Ali, Tencent and so on.

Far away communication was established in 2010. As Qian Penghe said, since its establishment, it has been on the main circuit of communication module, and has never deviated from the direction. And this small module has made it the world's leading supplier of 5G, LTE/LTE-A, NB-IoT/LTE-M, vehicle front assembly, Android intelligent, GSM/GPRS, WCDMA/HSPA (+) and GNSS module in just 9 years, and is also the first NB-IoT module group in the world to comply with 3GPP R13 standard.

Semi annual report shows that in the first half of this year, the company achieved a revenue of 1 billion 708 million yuan, an increase of 63.61% over the same period, and a net profit attributable to shareholders of listed companies was 78 million 216 thousand and 100 yuan, an increase of 24.32% over the same period last year, maintaining a high growth rate. In this regard, the company's explanation is "benefit from the rapid development of the Internet of things industry, and the scale of sales of company products is increasing."

Qian Penghe said that he and remote communication were the forerunners and witnesses of the Internet of things in China. From the initial cellular communication module, they were only applied to vehicle tracking, post ammeter, animal protection outdoor equipment, and so on. Later, the smart card driver and smart grid were launched. The latter two were important breakthroughs, triggering the revolutionary development of the industry.

Technological innovation brings strong foundation

"In the next ten years, the world will enter the era of wisdom in all things, and the shift will still stick to the position of wireless communication module, bringing safety, stability, efficiency and economic" connection "into every industry, every enterprise and every family. Qian Penghe said that mobile communications will strengthen its career goals.

Referring to the changes after the listing, he said, first of all, there is more capital for R & D and expansion projects. Secondly, the transparency of the financial data of the listed companies is more convenient for global business and increased credit in the international market.

As for whether or not the power of capital market will be used to expand acquisitions, Qian Penghe said that the company will not buy for mergers and acquisitions. If there are mergers and acquisitions, the target company must comply with the main business, and the company will give priority to overseas targets and give priority to the target technology team.

"Moving far away, technological innovation is the main theme of the changeless and forward-looking," Qian Penghe told reporters. In the face of the coming of the 5G commercial era, the company set up a professional R & D team early and actively participated in the formulation of the 5G standard. The 5G module was the first to move out. At present, many products, such as vehicle front module, face recognition module and so on, are among the world's leading companies.

Technology is leading and shipments are large. If we want to explore the "bottom line" of remote communication, these are important support. Reporters learned that the company's current module shipped the world's first, and remote leading second, the product is comprehensive, to meet the needs of various details. The advantages of scale bring the cost advantages of procurement and stronger bargaining power.

In recent years, Guotai Junan, Guoxin, Huatai and many other brokerage research institutions have launched a positive rating for mobile telecommunications, optimistic about the company's business models, scale advantages and R & D talent dividends.

For technology enterprises, R & D technology is undoubtedly its vitality. The semi annual report shows that the R & D cost of mobile telecommunications has reached 130 million yuan in the first half of this year, an increase of 104% over the same period last year. According to Qian Penghe's introduction, almost all of the company's management teams are technical, and more than half of foreign employees are engineers.

It is hard to strike iron itself, so that we can remain invincible in the international market. Qian Penghe said that the current trade frictions have little impact on the overseas business of the company, and the proportion of the existing domestic and foreign businesses is half.