Kintech

Jinzhi Technology, full name Jiangsu Jinzhi Technology Co., Ltd, was founded in 1995 and is headquartered in Jiangning Economic Development Zone, Nanjing. As a high-tech enterprise with significant advantages in the fields of power automation, university informatization, and enterprise-level IT services, Jinzhi Technology has successfully maintained its technological leadership in the industry by virtue of its deep understanding of information technology and the background of the electric power and education industries, as well as its continuous innovation of high-quality products and services.

Company Overview

• Origins and developmentSince its inception, JINZHI TECHNOLOGY, originating from Southeast University, has been adhering to the core concept of "innovation, quality, service" and continuously promoting technological innovation and industrial upgrading. on December 8, 2006, JINZHI TECHNOLOGY was successfully listed on the Shenzhen Stock Exchange under the stock code of 002090, and has been listed on the Shenzhen Stock Exchange under the stock code of 002090, and is now a member of the Shenzhen Stock Exchange.
• Business Scope: The business scope of Jinzhi Technology covers the development, design, manufacture, sales and services of power automation products, industrial electrical automation products, electronic and electrical products, communication products, computer software and hardware, as well as the design, sales, construction and technical consulting services of computer information systems.
• R&D StrengthThe company has established a number of R&D institutions such as "Power Automation R&D Center", "Software Engineering R&D Center", etc., and cooperated with Southeast University to set up "Dongda-Jinzhi Power Automation Research Center". JINZI Power Automation Research Center" was established in cooperation with Southeast University. There are more than 150 professionals directly engaged in R&D and more than 300 engineers and technicians in the company. In addition, the company's annual R&D investment is maintained at more than 8% of annual sales, and the growth rate of R&D investment in the past three years has been maintained at more than 20%.

Intelligent Energy Business

1. Business Scope: Jinzhi Technology's smart energy business covers a wide range of areas, including smart power generation, smart power transmission and transformation, smart power distribution, new energy and low carbon. The company provides comprehensive solutions by deeply combining traditional power automation technology with new-generation artificial intelligence, Internet of Things (IoT), big data, 5G, mobile Internet and other information and advanced communication technologies.
2. technical strength: Jinzhi Technology has strong technical strength in the field of intelligent energy, its business covers the power energy field of generation, transmission, transformation, distribution, and use of each link, is the State Grid Corporation, the South China Grid Corporation and the major power generation groups of the important suppliers.
3. performance (i.e. company profits): The operating revenue of the smart energy business of JinZhiTech is growing continuously. in 2023, the business realized operating revenue of RMB903 million, an increase of 13.02% year-on-year, and its share of operating revenue increased to 55.85% from 52.28% in 2022. this indicates that JinZhiTech's market position in the field of smart energy is improving.
4. development strategyFor the intelligent energy business, JZT plans to further strengthen the market position of the grid business, combined with the digital intelligence of the grid, focus on the development of new power distribution business and intelligent operation and maintenance business; at the same time, innovative development of industrial business, to seize the new energy, thermal power unit new construction and renovation opportunities, and to actively explore the non-electricity business users.

Smart City Business

1. Business Scope: Jinzhi Technology's smart city business involves applications related to the Internet of Things, cloud computing, big data, and artificial intelligence, and provides solutions around the digital transformation of city operations and the digital transformation of enterprises.
2. Successful projects: Jinzhi Technology has achieved remarkable results in the field of smart cities. For example, its wholly-owned subsidiary Jiangsu Dongda Jinzhi Information System Co., Ltd. successfully won the bidding for the second bidding section of Nanjing Sino-Finnish Cooperation and Exchange Center's Intelligent Engineering Project, and State Grid Jiangsu Electric Power Co., Ltd.'s 2024 second open bidding procurement project for engineering services, with a combined bidding amount of 51,685,200 yuan, accounting for 3.2% of the company's total operating revenue in FY2023.
3. performance (i.e. company profits): Despite facing the impact of the overall economic environment and intensified market competition, the revenue scale and profitability level of the smart city business of Kintech remained stable.In 2023, the business realized operating income of RMB711 million, accounting for 43.97% of operating income.
4. development strategy: For the smart city business, Kintech plans to further focus on key industries, continuously improve the industry's digital solution capabilities, and comprehensively strengthen operation control and cost reduction to cope with market competition and changes in the external environment.

JZT has strong technical strength and rich business experience in both smart energy and smart city fields. Through continuous technological innovation and market expansion, JINZHI TECH has achieved remarkable results in both fields and plans to continue to increase its investment and expansion efforts in the future in order to realize a broader space for development.