TAIZHOU WATON MACHINERY CO LTD , https://www.watonblowing.com
Liu Yunlong: The narrow-band Internet of Things is actually a brand-new communication protocol. It was jointly developed by Huawei and Qualcomm in 2015, and this is very likely to become the basic protocol for the next generation of Internet of Things and related regional communications. At this stage, we simply understand that it is an operating system such as a computer. It is the lowest level operating system. Using narrow-band Internet of Things technology can form a brand-new ecological model and industrial chain model. Its advantages are relatively speaking. The function of indoor coverage is relatively strong. At the same time, it supports large-scale device connection. Large-scale device connection is a relatively unique attribute of the Internet of Things. Its device complexity is relatively small, and its power consumption and delay are relatively small. At present, the basic judgment is that this type of cellular-based narrow-band Internet of Things may become the next most obvious standard for the Internet of Things. The difference between it and the Internet of Things is that, relatively speaking, the Internet of Things is a relatively large industrial vision and an IOT model in the future, but the narrow-band Internet of Things is a basic technology and basic underlying protocol that enables the efficient and rapid development of the Internet of Things.
Q: According to the analysis, in the future, narrow-band Internet of Things technology can be applied in large areas such as smart meter reading, smart parking, vehicle tracking, logistics monitoring, and smart agriculture. However, since the narrow-band Internet of Things has just completed the protocol standard, the narrow-band Internet of Things The application scenario, the market is also a certain controversy, how do you see narrow-band Internet of Things technology application scenarios?
Liu Yunlong: The narrow-band Internet of Things can be divided into three types of applications. One is the application of basic systems. The final core technology may be held in the hands of such large vendors as Qualcomm and Huawei; the main one is the application market for technology licensing; the other is the terminal. The relevant application market for hardware is one that is currently relatively mature; the third is the industry-application-level system that eventually reaches the bottom. This piece of our listed company involves relatively more, and in the future it is likely to be ecologically formed. The system and ecological model are such a system that links and promotes each other. Therefore, the future application scenarios are actually quite broad. For example, the aforementioned smart meter reading, smart parking, vehicle tracking, and food safety backtracking, smart wear, and smart home related industries can basically be covered.
Q: What are the current possible mature business models?
Liu Yunlong: At present, relatively mature business models are more likely to be applied to, for example, smart meter reading and smart Internet of Things-related vehicle tracking and backtracking systems. Smart electric meters are a relatively mature system, and from a practical point of view, they are gradually Some listed companies and related industry companies have begun to push this new agreement and new standards, so this piece is likely to become the latest breakthrough in the sub-sector.
Q: Sanchuan Wisdom (300066) Co., Ltd. signed a memorandum of cooperation with Huawei as early as December 2015 to jointly develop the Internet of Things meter based on the narrow-band Internet of Things (NB-IoT) technology. In May of this year, Shenzhen Water Affairs signed strategic cooperation agreements with Huawei and Telecom to carry out pilot work on smart water projects, stating clearly that it will use the narrow-band Internet of Things (NB-IoT) communication protocol and analyzing that the pilot work of Shenzhen Water Supply Company will be demonstrated nationwide. As a result, the company is expected to directly participate in the construction of smart water in Shenzhen. How to analyze the wisdom of Sanchuan's wisdom in the construction of smart water services?
Liu Yunlong: Currently there are few industries that actually use narrow-band Internet of Things. Smart water, water meters and electricity meters are the latest sub-industries to start using. This has two advantages. One is that listed companies can start new industries and new production capacity. Achieving a relatively large competitive advantage and a relatively large market; At the same time as the narrow-band Internet of Things technology is gradually promoted, the first batch of hardware vendors and related software vendors that master core technologies may cross over to enter other industries in the future. The role of expansion and the speed of expansion will be faster. From these two perspectives, the latest companies involved in this group will have greater future prospects.
Q: In the secondary market performance, the company's share price has been six consecutively positive, especially since last Friday's negative market price limit, is it a bit overdrawn?
Liu Yunlong: I think there is a bit of overdraft interest. Judging from the current market value, close to 10 billion, combined with its overall profitability, is currently at a relatively high valuation level, so it is mainly waiting for it. Because of narrow-band Internet of Things, the future may have a long way to go, whether it is actual profitability or as a subject of speculation. At present, it may be more of a concept and promotion level. So there are more opportunities in the future. You can wait patiently for its stock price to go back to a reasonable position and pay attention.
Q: Gold Card (300349) is the leading company in China's smart gas meter and has a market share of about 20% in the smart gas meter market. The company's downstream customers include the top five national gas groups: China Resources, Ganghua, Xinao, PetroChina Kunlun and China Gas. The company’s Internet of Things form has been shipped in volume since 2015. The company said that it has narrow-band Internet of Things (NB-IoT). The promotion will help the company's Internet of Things table to reduce costs and promote market promotion. How do you see the company's benefit from narrow-band Internet of Things promotion in the future?
Liu Yunlong: As a leader in gas meters, Gold Card shares can take the lead in this market and adopt a new competitive technology and agreement. In the future, its share in this market is only a little more. And as a relatively promising and rapidly growing agreement, its competitiveness in other sub-sectors and related industries is gradually strengthening, so the prospects for future growth are still relatively large.
Q: Regarding the narrowband Internet, the analysis considers the narrow-band Internet of Things (NB-IOT) to be particularly suitable for outdoor scenes, where large-area sensors are covered, and the real-time communication requirements are not strict. The larger market in the future is environmental monitoring, whether it is the atmosphere, water, soil, vegetation, or disaster monitoring. Similar to Meanson's (300275) Environmental IoT and Preceding Green (300137) gridded atmosphere monitoring system, it is expected to obtain better technical support and usher in a larger market space. Do you agree with this analysis?
Liu Yunlong: Basically agree. Because as a bottom-level protocol and underlying technology, there can be a lot of promotion space in the future, and it may depend more on its applicability and scope of application. At present, narrow-band Internet of Things has a great advantage in these areas. Its low power consumption, the number of connectable points and connectable terminals is actually very large, so it can carry a larger range and more connection points. However, this piece is not available in other technologies, so it may be applied to a wider range of applications in the atmosphere, water pollution and soil pollution control monitoring and other monitoring.
(Original Title: Experts Interpreting Narrowband Internet of Things Investment Opportunities in the Field of Smart Meter Reading Will Be the First to Break Through)
Expert interpretation: Smart Watch is the first breakthrough in the narrowband Internet of Things investment market
[China Instrument Network Instrumentation Industry] The most hot thing in the industry recently is the completion of the narrow-band IoT standard core protocol. Based on this, the market expects that the Internet of Things will become the biggest potential market to replace the Internet next year. What is the narrow-band Internet of Things in the end? What are the investment opportunities in this area? Liu Yunlong, investment advisor of Guorong Securities, made an interpretation of this. Q: What is the narrow-band Internet of Things and what is different from what we usually refer to as the Internet of Things?