It is No. 6, Caifeng Road, Guangzhou Science City
Tel: (020) 2232 8888 2221 3439
www.vtron.com
jiweiyu@vtron.com .
Headquartered in WAXHAW, USA, VTRON Corporation is one of the world's most famous providers of high-precision multi-screen display systems, VTRON has been widely used and established a far-reaching influence around the globe with its well-known brand in the industry and excellent team of talents.VTRON came to China in 1998 and set up wholly-owned Ltd. and developed into VTRON's most influential R&D, Manufacture, Sales and Engineering base in China and the Asia-Pacific region, as well as one of the most dynamic organizations of VTRON Group in the world. The core values of "Collaboration, Responsibility and Innovation"/
Established in August 2002, the company has been focusing on the field of visual information communication since its inception, to enhance the efficiency and competitiveness of customers with system solutions for visual information communication, and to provide customers with a combination of hardware devices, software platforms and industry application solutions. We provide customers with visual information communication products integrating hardware devices, software platforms and industry application solutions.
VTRON is a foreign-invested enterprise established by VTRON in China, and is the production base of VTRON in China; VTRON is located in the national high-tech industrial development zone--Guangzhou Science City.
VTRON specializes in the research and development, production, sales and service of high-definition large-screen digital display splicing wall systems (large-scale digital TV walls), interactive digital blackboards and other products, and is an internationally renowned brand in the industry. After years of development, the company has accumulated a number of international and domestic patents and the world's leading original technology, with independent intellectual property rights of the entire product line.VTRON's system products have created more than 600 classic engineering cases around the world, spreading across mainland China, Hong Kong, Taiwan, the United States, Israel, Japan, Germany, the Netherlands, Switzerland, Norway, Spain, South Korea, Turkey and Chile and other countries and regions, applied to power, telecommunications, digital display wall system (large-scale digital TV wall), interactive digital blackboard and other products, and is a well-known brand in the industry. and regions, applied to electric power, telecommunications, transportation, energy, government, public security, troops and other fields, many of which have become the industry or regional "first" project: such as: "the world's first screen for rail transit" - Shenzhen Metro OCC scheduling system "Asia's first telecom screen" - Guangdong Telecom's new network management control center, "the first China will be linked to the emergency response center" - Nanning will be linked to the emergency response center and so on. In the Chinese region, the industry's many internationally recognized brands, VTRON brand sales for four consecutive years.
"Technological innovation and product leadership" is one of the core competitiveness of the enterprise, VTRON focuses on the investment and construction of R & D strength, and applies the advanced results of R & D to production in a timely manner, so that the company's products and systems are at the international leading level in the various industries in the display of application solutions.
VTRON has a strong comprehensive competitive advantage, effectively applying scientific management methods and implementing strict product quality inspection to ensure the continuous and sustainable development of the company.VTRON's factories have obtained the international ISO-9001:2000 series quality certification, and the main products have been awarded the internationally recognized safety certificates of European Union CE, U.S.A. UL, and China CCC, etc. VTRON is a member of TI Corporation, a wholly owned subsidiary of TI Corporation. VTRON is the authorized DLP?product partner of TI in the world, and VTRON has partnered with many powerful international companies in various application fields.
VTRON has set up R&D, production, marketing and service organizations. VTRON's marketing system in China mainly includes: VTRON North Office, VTRON Shanghai Office, VTRON Guangzhou Office, Marketing Department, Technical Support Department, Customer Engineering Service Department, etc. VTRON provides services for global customers with its professional and experienced sales and technical support teams; provides solutions with the best performance-price ratio for different industries; implements perfect pre-shipment system testing and factory inspection; provides high-quality products and services. VTRON provides the best performance-price ratio solutions for different industries; implements perfect pre-shipment system testing and factory inspection; and provides high quality system installation, training, maintenance and upgrading services.
" Great sound, great road invisible" is very aptly used in the body of NUCTECH VISION, born in Guangzhou, just six years old, like most small and medium-sized enterprises unknown, hidden in the shade of the trees in the Guangzhou Science and Technology Park. However, such a company has dominated the digital interactive display market and has become a "big fish in a small pond" by defeating European, American, Japanese and Korean giants, including Toshiba.
This is the company that has received great attention from the state.
On November 18, 2004, Chairman Wu Bangguo inspected VTRON, and on December 22, the same year, General Secretary Jintao inspected VTRON during his visit to Guangdong Province and inscribed the words "Excellence in VTech"; on September 12, 2005, Mr. Jiabao inspected VTRON, and inspected VTRON, and inspected VTRON. On September 12, 2005, Mr. Jiabao inspected VTRON and wrote the inscription "Leading the Future, World Famous Brand". VTRON's growth and development has been fully recognized by the Chinese government, and their deep concern and high expectations for VTRON have become a great motivation for VTRON and VTRON people, VTRON will continue to adhere to the road of "Reform and Innovation" in the future, and create more value for our customers and society.
"Six of the nine central governments have visited the company." In fact, in addition to the central leadership, Vistronix became the leaders of ministries and commissions, heads of state to Spike must visit the place. "Among the 91 first batch of China's science and technology innovative enterprises, NUCTECH VISION, which has only 900 people at present, is comparable to Shenhua, CLP Group, ZTE and Huawei, whose quantum is several times or even dozens of times that of NUCTECH." Tang Minchao, deputy general manager of Vistronix, said.
"The success of our customers is our success".VTRON's rapid development in the field of digital display will surely make it a global leader in the field of centralized information display.
"Stealth Champion" Focuses on Segmented Markets
At the beginning of VTRON's business, most of the domestic IT enterprises engaged in PC assembly and production were still in the middle level of the value chain, and the competition among them was quite fierce. Several entrepreneurs of VTRON decided to give up the PC industry and chose the ultra-high-resolution digital splicing wall system, which is the first one of its kind in China, after careful consideration. After careful consideration, a few entrepreneurs of NUCTECH decided to give up the PC industry and chose the "blue ocean" of the ultra-high resolution digital splicing wall system market.
Through searching for market segments, NUCTECH accurately positioned itself to focus on visual information exchange solutions. 2003, in the bidding of Shenzhen Metro digital display wall project, in which many world-renowned enterprises participated, NUCTECH won the bidding from strong competitors and won the bidding with technological superiority, and constructed the "first screen of the world's rail transportation", which is known as "the first screen of the world's rail transportation". The OCC dispatching system of Shenzhen Metro is known as "the first screen of global rail transportation". In addition, "the first screen of Asian telecommunications" --- Guangdong Telecom new network management control center, "China's first water conservancy and hydropower screen" --- Three Gorges ladder control, the first screen of China's water conservancy and hydropower, and the first screen of China's water conservancy and hydropower. In addition, "The First Screen of Telecom in Asia" --- Guangdong Telecom's new network control center, "The First Screen of China's Water Conservancy and Hydropower" --- Three Gorges ladder transfer, water transfer, and permanent locks are all masterpieces of Witron. Nowadays, NUCTECH's products have created more than 2,000 classic project cases in the world, spreading over many countries and regions such as mainland China, India, Korea, Russia, Norway, etc., and are widely used in various fields such as electric power, telecommunication, transportation, energy, government, and the military, etc. NUCTECH's products have been widely used in many countries and regions, including China, India, South Korea, Russia, and Norway.
The IDB (i.e. Interactive Digital Blackboard, is a set of digital rear projection, interactive whiteboards, computers in a multi-functional writing platform, is a modern high-tech innovative products) products in the Olympic Games during the broadcast also made a splash, hosts through the IDB to the country, and even the world's audience to introduce the North humanities, Olympic information and event review, and the audience as well as other hosts for the The IDB is an interactive communication with the viewers and other hosts.
Innovation must create value
Independent intellectual property rights, key technologies and the ability of continuous innovation are the core competitiveness that allows NUCTECH to navigate the "blue ocean" in the field of digital splicing display.
"From the early stage of its establishment, NUCTECH has strategically identified innovation as the main development direction of the company," Lu Ruoxi, the company's chief engineer, told reporters. In terms of independent innovation, Wicresoft pays great attention to the research and development of technologies and products with independent intellectual property rights. As of June 2008, Wicresoft has obtained and is applying for 125 patents***, including 68 invention patents. According to the report, the granting rate of invention patents applied by Wicresoft two years ago was as high as 100%, far exceeding the national average granting rate of 20%.
Witron has clearly stated in its pursuit of corporate value: "Innovation must generate value, otherwise innovation is meaningless. We emphasize that innovative products must be well received by customers and have strong vitality."
As early as 2005, NUCTECH's world's largest and highest-resolution display system was applied in Shenzhen Metro's scheduling and monitoring center, with an area of more than 110 square meters and 81 screens of ultra-high-resolution giant digital display wall, which reaches more than 60 megapixels but with a refresh rate of less than 2 seconds for the whole screen. At present, NUCTECH has developed 130 screens, hundreds of millions of pixels of ultra-high-definition giant screen display system, breaking the monopoly of foreign enterprises in the field of display. The research results won the first prize of Guangdong Provincial Science and Technology Progress Award.
In July this year, at the "Innovative Enterprises Construction Work Conference" organized by the Ministry of Science and Technology, the State-owned Assets Supervision and Administration Commission and the All-China Federation of Trade Unions, NUCTECH, together with Huawei, ZTE and other giants, was named one of the first 91 "innovative enterprises" in China. "At the conference, Wicresoft, together with Huawei, ZTE and other giants, was recognized as one of the first 91 innovative enterprises in China. At present, innovation is providing strong market competitiveness for Wicresoft, and the sales of its self-developed products have accounted for more than 80% of the company's total sales. Meanwhile, NUCTECH is also cooperating with the relevant state departments to draft the industry standard of display splicing wall.
Emphasizing input and management innovation
In 2006, NUCTECH was selected as one of the first 103 "Innovative Pilot Enterprises" in China. Subsequently, the state carried out training on enterprise innovation and intellectual property rights for the pilot enterprises, which greatly benefited Wicresoft. Previously, Wicresoft's R&D investment in science and technology accounted for 5% of the company's turnover. Since then, Wicresoft's annual capital for R&D has been increasing dramatically, and as of the first half of this year, the R&D capital investment has accounted for 10.83% of the business revenue. At the same time, in the process of increasing capital investment, Wicresoft has been improving the construction of R&D structure and paying great attention to the introduction and cultivation of scientific and technological talents. At present, Wicresoft's technological personnel account for more than 50% of the company's personnel, which is the main core of technological innovation.
In addition to vigorously introducing R&D talents, Wicresoft also encourages R&D personnel to innovate through incentive mechanisms. The "Science and Technology Innovation Reward Management System" set up by Wicresoft has greatly improved the motivation and enthusiasm of the technicians to make inventions.
Walking in Witron, one can find that the word "innovation" is always carried by all employees---Witron has printed its core values on every employee's badge. Innovation has become the soul of Witron people and the most powerful fighting force to meet the challenges.
VTRON has always insisted that "the success of our customers is our success", and VTRON's rapid development in the field of digital display splicing wall will surely make it become a global leader in the field of centralized information display.
VTRON: a leader in visual information communication.
Guangdong Weichuang Visual Communication Technology Co., Ltd. issued a prospectus to the public offering of 53.45 million new shares, landing in the A-share market.
The company was founded in August 2002, since its inception, the company has been focusing on the visual information communication field, visual information communication system solutions to enhance the efficiency and competitiveness of customers, to provide customers with hardware devices, software platforms and industry application solutions as one of the visual information communication products.
The company's main business products are VW series and IDB series products, with strong professionalism, VW series products (refers to the ultra-high resolution digital splicing wall system) to the control room of various industries as the main target market, the product has a super-high resolution, multi-signal source, large screen, seamless display and other characteristics, to meet the user's centralized display, centralized monitoring, centralized command and control needs, which effectively enhance the monitor's work efficiency and competitiveness, so as to enhance the monitor's work efficiency and competitiveness. Thus effectively improve the monitor's work efficiency and quality, complete the work in front of a single display can not be completed; IDB series of products (known as interactive digital platform) set of high-definition display, touch operation, digital graphic boards, multimedia information display, remote data conferencing, interactive wireless projection and other functions in one, is a set of products designed to enhance the efficiency and quality of group communication, by the intelligent interactive terminal system and the application software system to realize the interactive function. Based on the realization of the interactive function of the application software system composition, mainly used for meetings and education and training.
In the field of VW products, there are not many companies with a full range of technologies, and VTech, as a company with a full range of technologies, is at the forefront of the industry. At the same time, the company has continuously increased its investment in product research and development, and many of its technologies are at the international leading level. By establishing a good brand image, the company has formed a perfect marketing and agent network in China. Because of this, the company's operating income in the past three years to maintain a stable growth, VW products for many years to maintain the first domestic market share.
With the application of VW products continue to expand, the market demand will maintain rapid growth. In the traditional field, along with the rapid growth of China's IT investment in information technology, a substantial increase in the amount of information, as well as the gradual increase in the management of information technology and integration requirements of various industries, so that users of various industries on the ultra-high resolution, multi-signal source, the seamless display of oversized images of the demand is increasing. In terms of new fields, as digital network video (i.e. IP video) monitoring has gradually become the mainstream of video surveillance, digital network video surveillance has been extended from highways, unattended rooms (substations, telecommunications rooms, etc.) and other monitoring points to the centralized monitoring of a large number of demand for remote monitoring in the application field. With the development of computer network technology and IP video surveillance, as well as the widespread use of Global Positioning System (GPS) technology and Geographic Information System (GIS) technology, coupled with the trend of graphical application software, VW products based on intelligent video surveillance technology are also expected to grow significantly.
IDB products are the company's innovative products in the field of visual information communication, and are currently in the market expansion and promotion period, but from the point of view of the projection, whiteboard and remote video conferencing system that it replaces, the potential market space is very huge.
The IPO, the company plans to raise funds of 448 million yuan, for ultra-high resolution digital splicing wall system expansion, information technology construction and R & D center expansion and other three projects.
The implementation of the VW expansion project will ensure that the company seizes the opportunity of the rapid start of the market, to maintain the first domestic market share, to ensure that the company's business stable growth. The informatization construction project will, on the basis of making full use of information technology and with the help of advanced management software platform, realize and improve the product design capability, technology research and development capability, supply chain management capability, marketing management capability, as well as the company's various types of basic data management capability. The successful implementation of the R&D center expansion project will help to realize the rapid improvement of the company's overall R&D strength as soon as possible, maintain the leadership of products and technologies, help the company to realize the development of technology-driven business model as the core of the future business development, and enhance the company's core competence in the face of global competition.
The company's future development prospects are optimistic. First, the company's products are in line with the development trend of IT products and technologies, and future demand is expected to show accelerated growth. Second, the company's "smiling curve" business model helps the company to maintain a strong profitability. Third, the company continues to increase investment in research and development, rich technical reserves, long-term development is guaranteed. Fourth, the company's management team and core staff stability will be very conducive to the company's sustainable and healthy development.
Anxin Securities said, based on the company's long-term development prospects of optimistic expectations, the company is expected to 2009, 2010, 2011 EPS were 0.60 yuan, 0.80 yuan and 1.09 yuan. Considering the company's high growth and strong profitability, the company listed on the first day of reasonable pricing range of 28.04-32.04 yuan, equivalent to 35-40 times the PE in 2010. the company's products have a smart grid, the Internet of Things, WINDOWS7 and other multiple concepts.