In the electric watch industry that matures in the sunset industries such as ABB, Siemens, and other large companies, Wasion Electronics has succeeded in digging gold and winning respect.
Text/news reporter Zhang Zhaohui The well-known Kingdee International in the software industry ranks only 71st in Forbes China's list of potential companies in 2009, while Wasion Group Holdings Co., Ltd. (HK3393, below) has almost never been noticed by the media. As for Wasion Group, it is far more than Kingdee's ranking, ranking 46th.
Wei Sheng Group's chairman Ji Wei, also one of the 28 Hunan rich people who were listed in the list of Hu Runbang, was worth 1 billion.
However, prior to this, apart from the brief coverage of the “energy-saving 120†service model proposed by Changsha Wasion Energy Industry Technology Co., Ltd. (hereinafter referred to as “Wise Energyâ€), Wasion was almost always blocked. Outside of the media.
Smart meter experts are particularly eye-catching on the website of the Wasion Group website.
As for the introduction of Wasion Group on the Internet, almost every one of them has such a saying: “The company invests 5% of its operating revenue in R&D and technological innovation each year.†Perhaps this sentence can vaguely glimpse the fundamental reason why it was named "potential enterprise" and known as "energy measurement and management expert".
What is the concept of 5%? In 2007, the average R&D input of China's top 100 electronics companies accounted for only 3.9% of operating revenue. While excluding the other business income in operating income, the ratio of R&D expenditures to sales is only considered. The top 500 global R&D expenditures account for 5% to 10% of sales, while the top 500 in China are far behind and only 1.6. %.
This means that the Wasion Group’s emphasis on R&D and technological innovation has gone far beyond the level of domestic companies and has reached international standards.
What does "expert" mean? Imagine if you are the manager of such a company:
At the beginning of each month, when you come to the company in the morning and stand at the electronic control center, you can see that the enterprise grid economic operation and management platform has analyzed the water, electricity, and gas that were used in the previous month and accurately grasped which of them are used. In terms of each aspect, how much is used. Detailed data and information can be transmitted to your computer at any time.
At the same time, the intelligent power distribution monitor and distribution management system also promptly fluctuate the power grid, which part of the problem has returned to the center.
At this point, the computer prompts you to open a window. INESTIMTM Intelligent Networked Energy Solution was launched.
Based on the information gathered above, INESTIMTM compares the detailed energy consumption reports of each branch, department, or team. Then, combined with international and domestic advanced levels and theoretical indicators, and taking into consideration factors such as production processes, processes, and characteristics, INESTIMTM can reasonably arrange peaks and valleys for electricity, water, and gas use without affecting production. .
On the other hand, using INESTIMTM's automatic collection of energy data and operational monitoring and management functions, all energy consumption indicators of all the company's equipment can achieve precision-to-minute energy use monitoring. Therefore, the workload, difficulty, and error of energy consumption statistics become no longer a problem.
Is it smart?
This is the business that Wasion Energy is developing and promoting - through high-tech means, to realize the goal of "management and consumption reduction, and technology saving."
What should I do if there is a problem with the system?
The most direct way is to find "energy saving 120". In mid-2008, Changsha Energy Office and Wasion Group built the first "energy hospital" in Hunan Province - Changsha Energy Saving 120 Wasion Service Center has entered normal operation. Provide energy consulting services, energy audit system expert consultations, on-site services, and other services for energy-using units or individuals.
Today, part of the listed companies of Wasion Group, including Changsha Wasion Group Co., Ltd., Changsha Weike Instrument Co., Ltd., Changsha Wasion Energy Industry Technology Co., Ltd. and Changsha Weisheng Import & Export Co., Ltd. Wasion Energy was established in 2007 and specializes in energy industry services and management of energy-saving integrated solutions.
Wen Sheng Energy’s energy management and technology expert Zheng Zheng told reporters: “At present, this kind of technology energy-saving equipment is still in the stage of further perfecting R&D and promotion. The promotion of the company in Guangxi is relatively good.â€
In fact, the promotion of such high-tech energy-saving equipment is still equivalent to the promotion of mobile phones in the Chinese market more than a decade ago - when it was only given to the mobile phone number, it would fluctuate by tens of thousands. The growth levy introduced: "The products used for power grid cleanup are actually matured and put into use. However, because of the high price, it is difficult to promote them. Last year it sold about one or two million yuan. Companies are also nervous about moneybags! In general, there are hundreds of thousands of them. If you want to really develop it, you will still have many obstacles."
Creating a Core Competitiveness However, 16 years ago, Wasion Group had encountered the same situation as today's technology energy saving in terms of electronic energy meters.
Wasion Group was established in 1993. When China's first electronic energy meter was born in Wasion, the year 1993 also became a landmark year in the history of China's electric energy meter. Subsequently, Wasion’s first three-phase all-electronic multi-function electric energy meter was successfully developed in 1994.
In fact, in the late 1980s and early 1990s, many large foreign companies began to launch all-electronic multi-function power meters, such as Schlumberger, LANDIS & GYR, and GE. The Wasion Electronics also spotted the market prospects of electronic multi-function meters and made considerable efforts in this area.
Later in 1994 and 1995, Wasion made two years of arduous publicity and cultivated market work in China. By 1998, Wasion's brand had been successfully established in the industry. As a result, when market share took second place year after year and Wasion Group, the largest competitor in the market, Shenzhen Kelu Electronics, went public in 2007, they also had to admit that Wasion Group was the benchmark in the industry. enterprise".
However, the Wasion Group has seen an explosive development but it was after 2003.
In order to ease power shortages, since 2003, the state has introduced a series of measures including the peak-hour charging policy, which has become the main driving force for the conversion of electric energy meter products. Under the influence of various conditions such as the country's requirements on power consumption and the improvement of product stability requirements, traditional mechanical power meters have been unable to meet market needs.
The transformation of urban and rural power grids that began in 2003 has led to the development of a large number of electric energy meter companies including Shenzhen Kelu Electronics and Zhejiang Huali Technology. The power system has rapidly increased the demand for a series of products including the three-phase multi-function meters that are mainly produced by Wasion Group. For several years, contact card meters and multi-rate power meters have gradually been promoted among ordinary home users. The "pay first, then use electricity" model began to spread in China.
This means that the Wasion era really arrived. The 2007 annual report shows that the Wasion Group's profit reached 210 million, an increase of 40%. Prior to this, Wasion has maintained an increase rate of over 40% for four consecutive years!
On this day, Wasion waited for nearly 10 years.
Where are the benefits earlier than other companies? This is evident from the development of Wasion Electronics, a rival of Wasion Group. For Kelu, the power automation system is a new market that has only opened since 2004. Afterwards, Ke Lu Electronics has a very rapid development momentum. By 2005, in the field of power automation, the market share of Ke Lu has already reached the second place in the country, second only to Wasion Group, with a market share of over 20%.
However, even in public, Ke Lu Electronics had to admit that the Wasion Group’s outstanding performance in maintaining market share for the first time in several years was mainly due to the fact that Wasion’s brand has been in place since 1998. Set up."
In December 2007, Wasion Group obtained the DLMS certification of the first product, which signifies that DLMSUA recognized Wasion Group DLMS/COSEM test and certification laboratory, and has the qualification and ability to conduct third-party testing of other manufacturers' products.
Wasion Group thus became the first domestic meter company with third-party testing and certification for products from other manufacturers.
However, this market of electric energy watch industry is by no means a piece of fat that can never be rushed. According to relevant data, large foreign companies such as ABB and Siemens see China's electric energy watch industry as a mature and sunset industry. With limited profits and limited market space, they gradually opt out of this industry.
Therefore, for today’s Wasion Group, how to maintain the current market share to ensure its profitability, how to reduce costs and open up the market in the field of science and technology energy saving, how to develop new energy after the “sunset red†in the future electric energy industry The profit point will be the biggest challenge for Wasion.
Edit element one:
The establishment of the company's small files: 1993 Main business: Scale of suppliers of energy measurement equipment, systems and services: After the completion of the new plant in Changsha Science and Technology Park, the production capacity will double to 1.2 million three-phase electricity meters and 4 million single sheets in 2009. Phase meter industry status: With qualifications and capabilities for third-party testing of other manufacturers' products, the market share in power automation products ranks first in the country for many years, higher than 30%.
Text/news reporter Zhang Zhaohui The well-known Kingdee International in the software industry ranks only 71st in Forbes China's list of potential companies in 2009, while Wasion Group Holdings Co., Ltd. (HK3393, below) has almost never been noticed by the media. As for Wasion Group, it is far more than Kingdee's ranking, ranking 46th.
Wei Sheng Group's chairman Ji Wei, also one of the 28 Hunan rich people who were listed in the list of Hu Runbang, was worth 1 billion.
However, prior to this, apart from the brief coverage of the “energy-saving 120†service model proposed by Changsha Wasion Energy Industry Technology Co., Ltd. (hereinafter referred to as “Wise Energyâ€), Wasion was almost always blocked. Outside of the media.
Smart meter experts are particularly eye-catching on the website of the Wasion Group website.
As for the introduction of Wasion Group on the Internet, almost every one of them has such a saying: “The company invests 5% of its operating revenue in R&D and technological innovation each year.†Perhaps this sentence can vaguely glimpse the fundamental reason why it was named "potential enterprise" and known as "energy measurement and management expert".
What is the concept of 5%? In 2007, the average R&D input of China's top 100 electronics companies accounted for only 3.9% of operating revenue. While excluding the other business income in operating income, the ratio of R&D expenditures to sales is only considered. The top 500 global R&D expenditures account for 5% to 10% of sales, while the top 500 in China are far behind and only 1.6. %.
This means that the Wasion Group’s emphasis on R&D and technological innovation has gone far beyond the level of domestic companies and has reached international standards.
What does "expert" mean? Imagine if you are the manager of such a company:
At the beginning of each month, when you come to the company in the morning and stand at the electronic control center, you can see that the enterprise grid economic operation and management platform has analyzed the water, electricity, and gas that were used in the previous month and accurately grasped which of them are used. In terms of each aspect, how much is used. Detailed data and information can be transmitted to your computer at any time.
At the same time, the intelligent power distribution monitor and distribution management system also promptly fluctuate the power grid, which part of the problem has returned to the center.
At this point, the computer prompts you to open a window. INESTIMTM Intelligent Networked Energy Solution was launched.
Based on the information gathered above, INESTIMTM compares the detailed energy consumption reports of each branch, department, or team. Then, combined with international and domestic advanced levels and theoretical indicators, and taking into consideration factors such as production processes, processes, and characteristics, INESTIMTM can reasonably arrange peaks and valleys for electricity, water, and gas use without affecting production. .
On the other hand, using INESTIMTM's automatic collection of energy data and operational monitoring and management functions, all energy consumption indicators of all the company's equipment can achieve precision-to-minute energy use monitoring. Therefore, the workload, difficulty, and error of energy consumption statistics become no longer a problem.
Is it smart?
This is the business that Wasion Energy is developing and promoting - through high-tech means, to realize the goal of "management and consumption reduction, and technology saving."
What should I do if there is a problem with the system?
The most direct way is to find "energy saving 120". In mid-2008, Changsha Energy Office and Wasion Group built the first "energy hospital" in Hunan Province - Changsha Energy Saving 120 Wasion Service Center has entered normal operation. Provide energy consulting services, energy audit system expert consultations, on-site services, and other services for energy-using units or individuals.
Today, part of the listed companies of Wasion Group, including Changsha Wasion Group Co., Ltd., Changsha Weike Instrument Co., Ltd., Changsha Wasion Energy Industry Technology Co., Ltd. and Changsha Weisheng Import & Export Co., Ltd. Wasion Energy was established in 2007 and specializes in energy industry services and management of energy-saving integrated solutions.
Wen Sheng Energy’s energy management and technology expert Zheng Zheng told reporters: “At present, this kind of technology energy-saving equipment is still in the stage of further perfecting R&D and promotion. The promotion of the company in Guangxi is relatively good.â€
In fact, the promotion of such high-tech energy-saving equipment is still equivalent to the promotion of mobile phones in the Chinese market more than a decade ago - when it was only given to the mobile phone number, it would fluctuate by tens of thousands. The growth levy introduced: "The products used for power grid cleanup are actually matured and put into use. However, because of the high price, it is difficult to promote them. Last year it sold about one or two million yuan. Companies are also nervous about moneybags! In general, there are hundreds of thousands of them. If you want to really develop it, you will still have many obstacles."
Creating a Core Competitiveness However, 16 years ago, Wasion Group had encountered the same situation as today's technology energy saving in terms of electronic energy meters.
Wasion Group was established in 1993. When China's first electronic energy meter was born in Wasion, the year 1993 also became a landmark year in the history of China's electric energy meter. Subsequently, Wasion’s first three-phase all-electronic multi-function electric energy meter was successfully developed in 1994.
In fact, in the late 1980s and early 1990s, many large foreign companies began to launch all-electronic multi-function power meters, such as Schlumberger, LANDIS & GYR, and GE. The Wasion Electronics also spotted the market prospects of electronic multi-function meters and made considerable efforts in this area.
Later in 1994 and 1995, Wasion made two years of arduous publicity and cultivated market work in China. By 1998, Wasion's brand had been successfully established in the industry. As a result, when market share took second place year after year and Wasion Group, the largest competitor in the market, Shenzhen Kelu Electronics, went public in 2007, they also had to admit that Wasion Group was the benchmark in the industry. enterprise".
However, the Wasion Group has seen an explosive development but it was after 2003.
In order to ease power shortages, since 2003, the state has introduced a series of measures including the peak-hour charging policy, which has become the main driving force for the conversion of electric energy meter products. Under the influence of various conditions such as the country's requirements on power consumption and the improvement of product stability requirements, traditional mechanical power meters have been unable to meet market needs.
The transformation of urban and rural power grids that began in 2003 has led to the development of a large number of electric energy meter companies including Shenzhen Kelu Electronics and Zhejiang Huali Technology. The power system has rapidly increased the demand for a series of products including the three-phase multi-function meters that are mainly produced by Wasion Group. For several years, contact card meters and multi-rate power meters have gradually been promoted among ordinary home users. The "pay first, then use electricity" model began to spread in China.
This means that the Wasion era really arrived. The 2007 annual report shows that the Wasion Group's profit reached 210 million, an increase of 40%. Prior to this, Wasion has maintained an increase rate of over 40% for four consecutive years!
On this day, Wasion waited for nearly 10 years.
Where are the benefits earlier than other companies? This is evident from the development of Wasion Electronics, a rival of Wasion Group. For Kelu, the power automation system is a new market that has only opened since 2004. Afterwards, Ke Lu Electronics has a very rapid development momentum. By 2005, in the field of power automation, the market share of Ke Lu has already reached the second place in the country, second only to Wasion Group, with a market share of over 20%.
However, even in public, Ke Lu Electronics had to admit that the Wasion Group’s outstanding performance in maintaining market share for the first time in several years was mainly due to the fact that Wasion’s brand has been in place since 1998. Set up."
In December 2007, Wasion Group obtained the DLMS certification of the first product, which signifies that DLMSUA recognized Wasion Group DLMS/COSEM test and certification laboratory, and has the qualification and ability to conduct third-party testing of other manufacturers' products.
Wasion Group thus became the first domestic meter company with third-party testing and certification for products from other manufacturers.
However, this market of electric energy watch industry is by no means a piece of fat that can never be rushed. According to relevant data, large foreign companies such as ABB and Siemens see China's electric energy watch industry as a mature and sunset industry. With limited profits and limited market space, they gradually opt out of this industry.
Therefore, for today’s Wasion Group, how to maintain the current market share to ensure its profitability, how to reduce costs and open up the market in the field of science and technology energy saving, how to develop new energy after the “sunset red†in the future electric energy industry The profit point will be the biggest challenge for Wasion.
Edit element one:
The establishment of the company's small files: 1993 Main business: Scale of suppliers of energy measurement equipment, systems and services: After the completion of the new plant in Changsha Science and Technology Park, the production capacity will double to 1.2 million three-phase electricity meters and 4 million single sheets in 2009. Phase meter industry status: With qualifications and capabilities for third-party testing of other manufacturers' products, the market share in power automation products ranks first in the country for many years, higher than 30%.