Yuhong Technology

Guangzhou Yuhong Technology Co., Ltd. was established on November 13, 2007, with its headquarters located at No. 11 Software Road, Guangzhou, in the core area of Tianhe Smart City, within the National Software (Guangzhou) Industrial Base. The company has a wholly-owned subsidiary, Hubei Yuhong Optoelectronic Industry Co., Ltd., in the Binjiang New District of Xiaochi, Huangmei, Hubei, and has invested in the construction of the Yuhong Optoelectronic Technology Park covering an area of 100 mu. The company is committed to making signal transmission more integrated, smoother, and more reliable, and is an IoT solution and service provider with signal transmission as its core technology, focusing on the "sensing + transmission + intelligence" system of the IoT. In September 2017, the company was listed on the National Equities Exchange and Quotations (NEEQ), with stock code 872199. The company provides end-to-end overall solutions for signal transmission for applications in intelligent buildings, rail transit, smart cities, and other industries, including product sales, consulting services, and engineering services for signal transmission project integration and software/hardware system integration. The products offered include wired transmission (power cables, audio cables, video cables, data cables, optical cables), wireless transmission equipment, integrated cabling solutions, smart home solutions, smart transmission cloud solutions, digital broadcasting solutions, etc. The company has been successively rated as a Guangzhou Famous Trademark, a National High-tech Enterprise, and a Guangzhou Science and Technology Little Giant Enterprise. It has two production bases, one in Baiyun District, Guangzhou, and the other in Binjiang New District, Xiaochi, Huangmei, Hubei. The company has established 9 regional marketing centers and over 30 offices nationwide, with business radiating across the country. Its Smart Transmission Research Institute has branches in Beijing, Shanghai, Hangzhou, and Guangzhou, which are respectively responsible for IoT product lines and training services, integrated cabling product lines and project consulting services, smart home product lines and IoT sensing technology R&D, and software product lines and their system integration services. As of February 28, 2017, the company's audited net assets were RMB 81,878,691.71, with an appraised net asset value of RMB 93.8463 million. On June 14, 2017, the company was officially renamed Guangzhou Yuhong Technology Co., Ltd. On June 30, 2017, it submitted application materials for NEEQ listing to the National Equities Exchange and Quotations. On September 8, 2017, it received the "Letter of Approval for the Listing of Guangzhou Yuhong Technology Co., Ltd. Stocks on the National Equities Exchange and Quotations," and the company's stocks have been publicly listed and traded on the NEEQ system since September 27, 2017. During the first five-year period from 2007 to 2012, Yuhong Technology focused on customers, took Guangzhou as its base, radiated to South China, oriented by the core needs of major customers, and took production, customers, services, and projects as core elements. During the second five-year period from 2013 to 2017, the company focused on the market, oriented by market positioning, and took brand, talent, operation, and business as core elements, completing the national market layout, establishing the corporate organizational system, and achieving a doubling of performance. During the third five-year period from 2018 to 2022, after obtaining the ticket to enter the capital market, Yuhong Technology will take scale as the guideline, oriented by enterprise market value, adopt a product platform strategy, take industry, capital, innovation, and resources as core elements, examine and guide the company's development direction with the long-term vision of "building the smart transmission infrastructure for the future smart IoT," adhere to the development philosophy of "innovating while persisting, persisting while innovating," and aim for revenue of RMB 1 billion by 2022 to achieve the creation of four more Yuhong companies.