Research Express | Wanma Technology Receives Over 30 Institutions Including E Fund and Changsheng Fund; Environmental Net Cage Wins Bids Exceeding 81 Million Yuan; Vehicle-to-Everything Connectivity Surpasses 17 Million Vehicles

From March 17 to 19, Wanmar Technology Co., Ltd. (hereinafter referred to as “Wanmar Technology”) held research sessions with over 30 institutions, including E Fund, Changsheng Fund, Shenwan Lingxin, and others. The activities included offline broker strategy meetings, roadshows, and on-site visits. Company directors, deputy general managers, and board secretaries Li Yahui and investor relations manager Zhang Beining engaged in in-depth discussions with institutions on the company’s core businesses in communication equipment, industrial control power distribution, and connected vehicle services.

Basic Information on Investor Activities

Business Layout and Key Highlights

Founded in 1997 and listed on the ChiNext in 2017, Wanmar Technology’s core businesses include communication equipment, industrial control products, power distribution products, and connected vehicle services. During this research, the company highlighted progress in three main business areas:

Communication Business: Full-Scenario Data Center Solutions Enter the Intelligent Computing Market

Leveraging its traditional communication equipment foundation, the company actively expands into the data center market. Focusing on scenario adaptation, technological innovation, and energy saving, it has launched four major solutions: air-cooled, liquid-cooled, containerized, and integrated machines, which feature high reliability, high efficiency, and easy deployment. The company has successfully entered the intelligent computing data center sector, expanding third-party IDC clients through customized products and opening new growth avenues.

Industrial Control and Power Distribution: Over 81 Million Yuan in Substation Box Product Bids

Driven by the “dual carbon” goals, the company’s primary and secondary integrated substation box products have performed well, with a total bid amount of 81.27 million yuan from State Grid-related projects by 2025. These products use dry air as insulation, offering advantages such as environmental friendliness, high reliability, and intelligence. They have been deployed in urban CBDs, industrial parks, new energy power stations, and high-altitude wind farms.

Connected Vehicle Business: Over 17 Million Vehicles Connected, Overseas Expansion Accelerates

Wholly owned subsidiary Youka Technology, a third-party connected vehicle service provider, has connected over 17 million vehicles, including more than 1.1 million overseas. Major partners include Geely, Zeekr, Li Auto, SAIC, Dongfeng, and others. The company’s global vehicle connectivity ONE SIM solution offers comprehensive services such as connection management and data flow operations. It has established data platforms in six major regions worldwide and set up branches in Hong Kong, Europe, and the UAE to support global vehicle manufacturer deployments.

Q&A Highlights

Substation Box Products: Green and Intelligent Features for Diverse Scenarios

Regarding the competitive advantages of the substation box products, the company stated that these products use dry air as insulation, complying with EU F-Gas regulations and China’s “dual carbon” requirements. The risk of condensation faults is significantly lower than traditional equipment, and they can withstand extreme temperatures. They also incorporate digital displays, temperature and humidity controllers, and three-dimensional monitoring systems to improve fault warning accuracy. Modular design allows “zero outage” replacement and maintenance, suitable for various power distribution scenarios.

Data Center and Communication Business: Deepening Operator Cooperation and Expanding into Multiple Fields

In terms of communication business development, the company will continue to deepen strategic cooperation with the three major telecom operators, while leveraging full-scenario data center solutions to enter the intelligent computing market. The product applications will extend to industrial enterprises, rail transit, new energy, and other fields, broadening revenue sources through innovative power distribution products.

Connected Vehicles and Autonomous Driving: High-Level Demands Driven by L3/L4 Scenarios

The company noted that L3 and L4 autonomous driving will significantly increase the demand for low latency, high reliability, and high bandwidth in vehicle networking, including remote assistance communication, high-precision positioning, high-precision map updates, and massive data transmission. Currently, the company has partnered with Baidu Apollo, Hello, Jiushi, and others in Robotaxi and Robovan fields. With 5G dual SIM and QoS management technologies, as well as global data platform deployment, it supports large-scale customer deployment needs.

Future Outlook

Wanmar Technology stated it will continue to focus on R&D innovation, deepen collaboration across communication, industrial control power distribution, and connected vehicle businesses, and seize opportunities in computing infrastructure and new energy development. It will also leverage its global presence to drive growth in the connected vehicle sector, aiming for steady and high-quality development.

Disclaimer: The market involves risks; investments should be cautious. This article is automatically generated by an AI model based on third-party data and does not represent Sina Finance’s views. All information herein is for reference only and does not constitute personal investment advice. Please refer to official announcements for accuracy. For questions, contact biz@staff.sina.com.cn.

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