I. Brief Introduction of Zeyu Intelligent Company
1. The company was established on 200 1 1 year1/month 18. The company is a high-tech enterprise focusing on power information business. The company is a one-stop integrated smart grid service provider, aiming at providing overall solutions for power information systems, including power consulting design, system integration, engineering construction and operation and maintenance.
2. The company is one of the few enterprises in the industry with complete qualifications such as power consulting design, system integration, engineering construction and operation and maintenance. In recent years, the company has participated in the construction of several key large-scale projects of State Grid, such as "Beijing-Shanghai optical transmission equipment renovation project" and "Construction of second-floor plane system of dispatching management information regional data network of State Grid Jiangsu Electric Power Co., Ltd.", and has established a good reputation in the industry.
3. The company's main products and services are power design business, system integration business and engineering construction and operation and maintenance business. The company's main customers are State Grid Corporation, Jiangsu Sudian Collective Assets Operation Center, Guodian Nanjing Automation Co., Ltd. and Changzhou Tengrui Electric Power Technology Co., Ltd. The company's main competitors are Guodian Nanrui, Jinzhi Technology, Hailianxun, Dongfang Electronics and Zhiyang Innovation. The industries of the CSRC under the company are software and information technology services, with an average price-earnings ratio of 60.42 times.
Second, the industry analysis
1. Overview of the development of software and information technology services. Software and information technology service industry is a basic, strategic and leading industry related to the overall situation of national economy and social development. It has the characteristics of fast technology update, high added value of products, wide application fields, strong penetration, low resource consumption and full utilization of human resources, which plays an important supporting and leading role in national economic and social development.
(1) Since 20 15 years, the growth rate of China's software and information technology service industry has been maintained at the level of 10%- 16%, which is significantly higher than the growth rate of China's GDP in the same period. In 20 19, the revenue and profit of software and information technology service industry in China maintained rapid growth, and the number of employees increased steadily, with a cumulative income of 7176.8 billion yuan, showing a good development trend.
(2) The demand for software and information technology services in various fields of China's national economy continues to be strong, and industrial development has entered a critical period of integration, innovation and rapid iteration. With the support of the state, China's software and information technology services industry as a whole maintained steady and rapid development, and its industrial scale was further expanded.
2. Overview of the development of power information industry
(1) The steady development of the power industry has ensured the sustained and steady growth of power informatization investment.
(2) With the sustained development of China's economy, it will continue to drive the growth of investment in electric power construction and transformation, and provide guarantee for continuous investment in the field of electric power informatization. During the period from 2009 to 20 18, China's power investment maintained a high level, with an average annual investment of 794 1 100 million yuan. Since 20 14, the investment scale and growth rate of China's power grid have obviously increased, and the investment scale of power supply has gradually decreased.
(3) During the statistical period, the investment scale of China's power grid increased from 389.8 billion yuan to 537.3 billion yuan, with an average annual growth rate of 3.63%, and the proportion of investment scale in total power investment increased from 50.62% to 66.38%, indicating that the investment focus of China's power industry is changing from power generation capacity building to transmission and distribution capacity building.
(4) In 20 1 1 year, the investment scale of China's electric power informatization has exceeded 20 billion yuan, and in 20 18 years, the investment scale of China's electric power informatization has reached 78.54 billion yuan, 201to 201.
(5) The development of electric power industry is inseparable from the support of informatization. The increase of total investment will inevitably lead to the construction of new information systems and the upgrading of existing information systems. With the comprehensive promotion of the Internet of Things of State Grid and the digital transformation of China Southern Power Grid, it will inevitably bring about the rapid growth of power information investment.