- Business
- China Transinfo Technology Co., Ltd (002373.SZ) provides integrated software and hardware solutions for intelligent transportation systems, smart Internet of Things, big data analytics, and artificial intelligence applications primarily in China. Founded in 2000 and headquartered in Beijing, the company develops and offers core products including edge computing equipment such as KunChao edge stations and V2X RSU/OBU devices; intelligent intersection solutions like the KunChao Shuangzhi Intersection Cloud Control Platform; traffic management hardware encompassing radars, traffic signals, electric alarm mounts, and LiDAR; highway products such as overload control systems, billing equipment, and safety guard systems; as well as software platforms for video IoT, access control alarms, AI education tools, and cloud services including IaaS, MaaS, PaaS, and SaaS. It operates across segments like wisdom road networks with solutions for highway maintenance, tolling, and traffic big models; wisdom transportation including enforcement and logistics; urban traffic management for national/provincial highways and counties; smart airports, rail transit, parking, and intelligent connected vehicle systems; serving government agencies, transportation authorities, and urban operators nationwide. Recent developments include completing the acquisition of the remaining 96.7% stake in Hangzhou Jiaozhi Technology Co., Ltd. for CNY 4.5 million to bolster capabilities; entering agreements to acquire stakes from Beijing Transinfo Group Co., Ltd. and Beijing Sinoiov Information for CNY 23.31 million to strengthen ownership; and reporting a 1099% year-on-year net profit increase in the first three quarters of 2025 alongside the release of its chairman from detention, while advancing AI+ applications and supporting major events like the Chengdu World Games with traffic services in 2025.