Zhejiang Supcon Technology Co., Ltd.
688777.SS
Shanghai Stock Exchange88.07
CNY
-4.28
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Zhejiang Supcon Technology Co., Ltd.
688777.SS
(Shanghai Stock Exchange)
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88.07
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ROIC.AI
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- Supcon Technology Co., Ltd. (688777.SS) provides industrial automation products and intelligent manufacturing solutions worldwide, with operations spanning Asia, the Middle East, Africa, Europe and beyond. Founded in 1999 and headquartered in Hangzhou, China, the company, a subsidiary of SUPCON Group Co., Ltd., operates through segments including industrial automation and intelligent manufacturing solutions offering automated control systems such as DCS/FCS, SIS and Universal Control System (UCS); automated instrumentation providing field instruments and signal chain products like pressure transmitters, safety barriers, surge protectors, isolators, electromagnetic flowmeters, radar level meters, calibrators, analyzers including calorimeters, photoacoustic gas analyzers, XRF elemental analyzers, Raman spectrometers, CO and humidity detection systems, laser gas analyzers, as well as control valves encompassing ball valves, butterfly valves, eccentric rotary control valves and special control valves; industrial software encompassing production control software, supply chain management software, safety and environmental protection software, industrial AI software, large time series models, large-scale models, real-time databases, advanced process control software, performance evaluation software, MES solutions for the process industry and production information management systems; and additional offerings such as operation and maintenance services, S2B digital service platform, inspection and operation robotics, collaborative equipment robots, supply chain logistics robotics, humanoid robotics, industrial information security systems, data resource systems, equipment health systems, product R&D management and process design systems, autonomous running systems, quality improvement systems, production and operation systems, safety priority systems, energy saving and low carbon systems, sales and service systems, support and guarantee systems, PlantMate service model, full-flow intelligent operation management and control system (OMC), process simulation and design platform (APEX), factory operating system with industrial apps, and 5T technology including core products ECS-700 and TCS-900. The company serves process industries such as oil and gas, petrochemicals and refineries, chemicals, pharmaceuticals, food, energy including power, metallurgy, building materials, pulp and paper, battery manufacturing, municipal utilities, environmental engineering, water treatment, mining and metals, as well as public systems like intelligent traffic, digital medical and building automation. Formerly known as Zhejiang Supcon Technology Co., Ltd., it changed its name to Supcon Technology Co., Ltd. in September 2023; recent developments include the 2024 launch and overseas application breakthrough of the Universal Control System (UCS) in a Swedish lithium-ion project with Senior Material Europe AB, a joint development project with Saudi Aramco on air-ground integrated robot collaborative inspection using drones and robotic dogs, over 118% year-on-year growth in overseas revenue to CNY 0.749 billion in 2024 representing 8.25% of main revenue with new contracts exceeding CNY 1.355 billion up more than 35%, the global launch of TPT 2 in 2025 to advance industrial applications particularly in pharmaceutical auxiliary systems, successful deployments of UCS at China Petroleum Dushanzi Petrochemical and Lanha New Materials projects, a partnership with Wanhua Chemical on an industry-first unmanned scheduling system for fully autonomous factory operations, and active pursuit of high-quality mergers and acquisitions focused on industrial AI and Siasun Robot & Automation strategic transformation including the prior acquisition of Zhejiang SUPCON System Engineering Co., Ltd. by affiliate Zhejiang SUPCON Xizi Technology Co., Ltd. for CNY 52.2 million in 2024 to integrate the industry chain and support global strategic ecological layout.