----NetEase Finance 11th, October: New stock Speedsmartcomm (Code: 603421) listed in the Main Board of Shanghai Exchange Stock today. The stock opened higher and instantaneously rose by 44% on the 1st day. Speedsmartcomm: Issue price of 14.02 CNY, P/E ratio of 22.99 times. Issued shares number is 43.40 million shares, accounts for 10.01% of the total share capital, are all publicly issued new shares. 【Company Profile】 The main business of Speedsmartcomm includes low voltage PLC (power line carrier) communications products’ development, production, sales and service. The products are including low voltage PLC communication module (including chips), data acquisition terminal equipment etc., which are mainly used in the smart grid power electricity collection system. The core products of low voltage PLC communication chip is integrated in the carrier module, and assembled in the smart energy meter, data collector, data concentrator and other acquisition terminals, finally achieve automatic meter reading through PLC communication. Meanwhile, relying on independent research and development of PLC communication technology, the company further developed  the energy meter, private data acquisition terminal product lines etc., and actively expand the new technology applications, cultivate new profit growth point. In addition to PLC communication technology, the company is also active in bus communication technology research and development, has successful developed a series of fire alarm & control system equipment.

——Source Attribution: CPNN (China Power News Network)"The core intelligence of smart grid is based on an integrated, high-speed, two-way communication network. In the past eight years, Speedsmartcomm has focused on researching and developing power line carrier technology to achieve two-way, high-speed, safe and stable data transmission on medium and low-voltage power lines.” At the 6th China International Exhibition on Smart Grid Construction Technology and Equipment held from June 29 to July 1, Qingdao Speedsmartcomm Communication Co., LTD. (referred to as "Speedsmartcomm") deputy general manager Zhishuang Yuan told reporters. At the exhibition, Speedsmartcomm unveiled dozens of products in 9 series, including low-voltage PLC, medium-voltage PLC, and water/gas/heat & electricity meter AMR/AMI solution, which attracted wide attention from all parties.At present, the construction of smart grid and energy internet is in full swing in the field of China's power grid. As the core technology of these two major sectors, data transmission technology has attracted attention from all parties. Power grid enterprises have extremely strict requirements on the applicability and advancement of related technologies, and the stability and safety of related products. Major communication technology companies are organizing forces to tackle scientific and technological problems in order to gain something from the smart grid and energy internet market.Established in 2008, Speedsmartcomm has not been set up for a long time, but it is firmly rooted in the research and development and innovation of power line carrier communication technology. Currently, it has low-voltage PLC, medium-voltage PLC, and water/gas/heat & electricity meter AMR/AMI solution, smart meter, calibration station, Distribution network equipment, power quality control, new energy 9 series of more than 100 products, have the equipment supporting and technical support capabilities that "serve the entire industrial chain of the power industry". It is reported that the company has ranked first in China in terms of low-voltage PLC market share within 4 years.In this exhibition, the series products of smart meter displayed by Speedsmartcomm are equipped with metering, tariff rate control, monitoring, display, freezing, RS485 communication, infrared communication, carrier communication and other functions in one, which can realize the interconnection of smart home, building management and other equipment on the power line carrier road through broadband carrier technology.Zhishuang Yuan told reporters at the exhibition: “Our flagship product this time has water/gas/heat & electricity meter AMR/AMI solution, which can centrally read and monitor users' water/gas/heat and electricity meters through a three-stage mathematical model of data collection, data transmission and data analysis. The solution can greatly improve user energy consumption analysis, save energy,...