China Public High Technology: Highway Maintenance Decision Consulting Service Provider

The company is mainly engaged in the production and sale of rapid road condition detection equipment, development and sales of road maintenance information systems, and consulting services for road maintenance decisions. It mainly targets government highway management agencies at all levels, toll road operation and management enterprises (businesses), and enterprises engaged in road maintenance, providing testing equipment, information systems and technical consulting services related to scientific decision-making in road maintenance.

Key future highlights:

Highlight 1: The company is currently the only high-tech enterprise in the industry that can provide a complete set of technical services for scientific decision-making in highway maintenance. It is the most influential comprehensive provider of testing equipment, information systems and consulting services in the China Highway Maintenance Scientific Decision Technology Service Market; the actual controller, Highway Institute, is a business unit directly under the Ministry of Transport and holds 46.24% of the company's shares.

Highlight 2: The country is speeding up the construction of a scientific decision-making system for highway maintenance, bringing broad room for growth to the industry. The “13th Five-Year Plan for Highway Maintenance and Management” proposes that by 2020, the coverage rate of technical condition inspection and automated road surface collection will reach 100%, and the application penetration rate of scientific decision-making technology will reach 80%. According to the average calculation of overhauls once every 10 years and intermediate repairs every 5 years, China's highways will reach 800,000 kilometers per year.