Financial Services Association, April 3 (Editor Xuan Lin) Huati Technology, a smart light pole concept stock with a total market value of nearly 3 billion yuan, issued a change and risk warning announcement in the evening. Recently, the company paid attention to discussions on the company's related business on some media, stock bars and other platforms, covering hot concepts such as integrated sensing and low-altitude economy. The main source of the company's revenue and profit is sales of street lighting products. Currently, it does not involve businesses related to integrated sensing or low-altitude economy.

According to reports, synesthetic integration is a new capability added to 5G-A, which allows the base station to balance the dual capabilities of communication and perception, and can detect and track surrounding objects such as drones, cars, or ships, providing strong technical support for the development of the low-altitude economy. Smart light poles can integrate various sensing devices such as cameras, radars, infrared sensors, and sound sensors into the same pole to collect road traffic information such as traffic flow, number of pedestrians, weather conditions, etc. in real time to sense, transmit, and display information. In the stock bar, a long article reports that “smart light poles are the best carrier for synesthetic integration in the city.”

According to Huati Technology's 2021 semi-annual report, the multi-functional smart street light products developed by Huati Technology have integrated safety, functionality, beauty and speed, and have been widely used in smart street lighting projects in various cities.

According to the three-day ranking data released by Huati Technology after the market, Dragon Tiger had a net capital purchase of 51.429 million yuan, and the well-known travel company Ningbo Heyuan Road ranked in buying a seat, with a purchase of 21.283 million yuan.

According to public information, Huati Technology is a system solution provider with new smart city scenarios and cultural lighting as its main business, accounting for more than 98% of the urban lighting business. The company is the first listed company for road lighting in China. In recent years, it has gradually developed into a new infrastructure operator represented by smart street lights. On March 29, Huati Technology issued a risk warning notice stating that the company's smart street light products can be equipped with 5G microbase stations, but currently the installed service accounts for less than 1% of revenue, which has no significant impact on the company's operations.

It is worth noting that Huati Technology also combines the concept of computing power with the concept of Huawei. Huantian Smart, a subsidiary of Huati Technology, invested 228 million yuan at the end of 2021 to launch an urban brain data center project with 20.86 pflops of computing power. On June 18, 2020, the company replied on an interactive platform that the company is one of the industrial partners of the Huawei PLC-IOT Ecological Alliance and has related cooperation with Huawei.

Huati Technology recently issued a pre-profit performance announcement. It is expected to achieve net profit of 62 million yuan to 75 million yuan in 2023, turning a year-on-year loss into a profit. In 2023, the company actively expanded the market, new business development, delivery and acceptance, etc., and its operating performance increased over the same period last year.

Seller agencies have little interest in Huati Technology. In the past four years, Huati Technology's brokerage research report has only been published. The date is January of last year.