The first listed company with water meter as its main business in China capital market was born.
On March 26th, with the ringing of the opening bell, Jiangxi Sanchuan Water Meter Co., Ltd. was officially listed on the Shenzhen Stock Exchange, which also marked the official birth of the first listed company focusing on water meters in China capital market.
Sanchuan Water Meter Co., Ltd. was registered and established by Jiangxi Administration for Industry and Commerce in May 2004. The main sponsor is Jiangxi Sanchuan Group Co., Ltd. with a registered capital of 52 million yuan. He is the executive director of China Urban Water Association, the director of China Instrument Industry Association, and the deputy secretary-general of the Water Meter Working Committee of China Metrology Association.
The company has two production bases in Jiangxi and Shandong, and its production capacity and scale rank first among domestic water meter manufacturers. In particular, the two leading products, water-saving water meter and smart water meter, have laid a leading position in the market and guided the product upgrade of the whole water meter market.
As a leading enterprise in the domestic water meter industry, Sanchuan Co., Ltd. is a national high-tech enterprise, with 20 national invention patents, utility model patents and design patents, and accepted 4 patents/kloc-0. It is one of the enterprises with the most patents in the domestic water meter industry and has the ability to lead and promote the technical development of the industry. At the same time, the company took the lead in using UFIDA ERP management system in the industry, making the company's "procurement, production, quality control and sales" management a dynamic system and an interlocking process, which greatly improved the company's overall operational capability.
The official listing of Sanchuan shares has opened a new pattern of the company's development, which indicates that Sanchuan shares will take off rapidly with the help of the capital market. Sanchuan Co., Ltd. will take the opportunity of listing, with the help of capital, increase the introduction of scientific, technological and management talents, strengthen the construction of marketing network, further enhance the product innovation, management innovation and technological innovation capabilities of enterprises, constantly develop from "Sanchuan Manufacturing" to "Sanchuan Creation", and strive to become an international comprehensive supplier of environmental protection and energy-saving hydraulic products, and repay the society and shareholders with first-class performance.