Sunsea AIoT Technology Co., Ltd. Class A
SSZSE:0023139.05
CNY
-0.07
(-0.77%)
ISIN
CNE100000HR4
Return %
Stock
S&P 500
1Y
-21.03
13.14
3Y
34.27
80.78
5Y
-16.36
67.74
Capital Structure
CNY
•
in mil. unless spec.Working Capital
CNY
•
in mil. unless spec.Growth Rates
CNY
•
in mil. unless spec.Quarterly Revenue
CNY
•
in mil. unless spec.Quarterly Earnings Per Share
CNY
•
in mil. unless spec.Quarterly Dividends Per Share
CNY
•
in mil. unless spec.Company Description
- CEO
- Shu Yuan
- Full Time Employees
- 1,072
- Sector
- Electronic technology
- Industry
- Telecommunications equipment
- Address
- Majialong Innovation Building Shenzhen GD China 518052
- IPO Date
- Dec 3, 2009
- Website
- sunseagroup.com
- Similar Companies
- Business
- Sunsea AIoT Technology Co., Ltd. (002313.SZ) is a China-based high-tech enterprise principally engaged in the research, development, manufacturing, and sales of artificial intelligence Internet of Things (AIoT) products and solutions, including wireless communication modules; smart devices such as full optical networks (FTTR), outdoor cabinets, beautified antennas, base station accessories, data center systems, power distribution equipment, micro-modules, liquid cooling solutions, and energy storage products like outdoor battery cabinets and industrial-commercial storage cabinets; and communication services encompassing network design consultation, engineering construction, maintenance, optimization, and system integration. The company serves telecom operators, ICT equipment vendors, system integrators, and enterprise customers across sectors including smart cities, intelligent manufacturing, transportation logistics, smart homes, and utilities, with primary operations in China and international presence in over 180 countries. Founded in 1994 and headquartered in Shenzhen, Guangdong Province, the company operates through subsidiaries such as Shenzhen Sunsea AIoT Technology Co., Ltd., Shenzhen Sunsea Intelligent Equipment Co., Ltd., Sunsea Ayla IoT Network Co., Ltd., Longsung Technology (Shanghai) Co., Ltd., Quectel Wireless Solutions (Shanghai) Co., Ltd., and Sunsea Communication Services Co., Ltd., having evolved from its former name SUNSEA Telecommunications Co., Ltd. through strategic expansions into AIoT ecosystems. The company's core offerings feature comprehensive wireless connectivity modules including GNSS, WiFi, 2G/3G, LTE CAT1/CAT4/CAT6/CAT12, 5G, and 5G+V2X from brands like Quectel (SIMCom) and Longsung; FTTx solutions with bureau-end rooms, outdoor/indoors/in-home engineering, and passive optical devices; wireless site solutions such as integrated outdoor cabinets, micro-station power supplies, pole-tower rooms, and feeder components; data center products covering power supply systems, cabinet systems, cabling, and advanced cooling; and cloud-based services like media cloud, next-generation networks (SDN/NFV), and IoT perception platforms. Sunsea AIoT delivers end-to-end IoT solutions under a "cloud + end" global strategy, supporting applications in smart parks, communities, and industries via integrated hardware-software capabilities. In recent developments, Sunsea AIoT participated in MWC 2025 in Barcelona, showcasing wireless communication module innovations including the SIMCom AI Stack for end-side AI and communication fusion; ranked in China's IoT Top 100 for 2024; achieved real-world deployment of DeepSeek R1 model on edge AI modules; earned renewal of its national manufacturing single-item championship status for 2024-2026 in wireless modules; opened its South China Center in Guangzhou in early 2024; hosted the 2024 Global Partners Conference emphasizing "New Sunsea, New Image, New Future"; secured multiple major bids including nearly RMB 100 million from Guangdong and Xinjiang Towers in 2024; and strengthened partnerships such as with Malaysian firms Golden Lions Mineral Resources and Sinergi Halqah in January 2024, while maintaining collaborations with operators like China Mobile, Telecom, and Unicom. These initiatives underscore expansions in AIoT, 5G infrastructure, and regional manufacturing, positioning the company as a top global cellular IoT module shipper with over 23% market growth in Q1 2025 alongside peers like Quectel and Fibocom.