What stock is Yitong Century?

Yitong Century is a technology company focusing on high-end intelligent transportation system, and is committed to providing comprehensive smart city solutions. The company's stock code is 6808, and it was listed on the Hong Kong Stock Exchange in June 2020. The following will be analyzed from three aspects: company background, business model and development prospect.

Yitong Century consists of founding teams from well-known enterprises at home and abroad. The company has strong technical barriers and professional team, and has won many patents and honors. The company's main business includes intelligent traffic control system and intelligent traffic safety solutions. In the field of intelligent transportation, Yitong Century has set foot in 50,000 kilometers of road network and more than 200 cities across the country, becoming one of the important participants in the construction of smart cities.

The business model of Yitong Century revolves around the construction of smart cities, mainly involving smart transportation, smart environmental protection and smart parks. The traffic signal control system and traffic monitoring system independently developed by the company can realize intelligent traffic congestion scheduling and road condition prediction, and greatly improve the efficiency of urban traffic operation. In addition, the company also focuses on the field of environmental protection, providing a series of intelligent environmental monitoring and governance programs. Yitong Century promotes the development of smart city construction through excellent research and development capabilities and professional services.

Looking forward to the future, with the rapid development of intelligent transportation technology, Yitong Century will usher in a broader market space and development opportunities. According to the prediction of market research institutions, the global smart transportation market will exceed 2 trillion US dollars in the next five years. As a leading enterprise in the smart transportation industry, Yitong Century will continue to give full play to its advantages in technology and talents, actively explore new business models and market opportunities, create more perfect smart city solutions, and make greater contributions to urban construction and social development.