Recently, the South China Pump Industry (300145.SZ) released three quarterly reports. In the first three quarters, the company achieved operating income of 1,086 million yuan, an increase of 18.01% over the same period of last year. The net profit attributable to shareholders of listed companies was approximately 136 million yuan, a year-on-year increase of 25.57%.

Minsheng Securities believes that the performance of the South China Pump Industry is in line with expectations and gives it a "strongly recommended" rating.

The traditional business of the South Pump Industry is researching and developing large-scale production of stainless steel stamped and welded centrifugal pumps. In recent years, the business of new products such as the TD pipeline pump series and the Zhongkai Pump series has also been continuously expanded.

According to the South Pumps, new products developed in recent years, such as TD pipeline pumps and Zhongkai Pumps, are all in a period of rapid growth, and the scale of their revenues has continued to increase, and will continue to be a source of company revenue growth in the coming years. Thanks to the continuous improvement of the speeding up of heating equipment in the north and the continuous improvement of its brand awareness, the 2013 revenue of TD pump products increased by 67.5% over the previous year.

In 2011, the Southern Pump acquired the technology needed to enter the large-scale water pump through the acquisition of Changhe Pump. After the integration adjustment in the past two years, the Hunan Southern Subsidiary has opened the sales market of Zhongkai Pump, and achieved revenue of RMB 58.949 million in 2013. , an increase of 131.4% year-on-year. Minsheng Securities expects that its subsidiaries will achieve 100 million yuan in revenue in 2014, and revenue growth will reach 50%. The new plant is also expected to be completed by the end of the year. Once the capacity bottleneck is resolved, the annual output value will reach 3-5 billion yuan.

In addition to the traditional pump business, in March of this year, the South Pumps teamed up with Honeywell to enter the water purification field and develop a new generation of water purification and water supply systems that can realize intelligent management. For the southern pump industry, from water pump manufacturing to water treatment equipment, to industrial restructuring of water treatment services, the brokerage research institutes are unanimously optimistic about its prospects and believe that its value is significantly underestimated.

Chang Cheng Securities analyst Zhang Cheng believes that the South China Pump Industry has stepped into the field of clean water and sewage treatment. This "new thinking" has greatly increased the company's long-term expansion. At present, the potential for the expansion of water treatment business is fully expected by the market, and the market value of the southern pump industry still has huge room for growth.

In July, the South Pump Company signed a strategic cooperation agreement with Spain's Anson Energy Company and was involved in seawater desalination and sewage treatment. According to the agreement, the two sides will implement a non-exclusive preferential cooperation model. Anxun can serve as a global water professional company and δ will give preference to the South Pump Industry as a supplier.

It is understood that there are currently more than 90% of urban waters in the country that have different levels of pollution. With the movement of water bodies and penetration into the ground, water pollution has continued to expand. Water pollution has become increasingly serious, aggravating the supply and demand of freshwater resources, and seawater desalination is the best solution to the current shortage of freshwater in coastal areas and island areas.

Zhang Cheng believes that urban construction in China is "heavily surfaced and light in details." There are too many debts, and investment in water treatment will rise. The improvement of people's drinking water quality standards has driven the sales of stainless steel pumps and complete water supply equipment. In addition, the construction of urban waste water dumps has forced urinary eyelashes, and the investment potential for industrial sewage treatment is extremely high.

At the same time, he also stressed that "under the premise of technological advancement and localization of equipment, the cost of seawater desalination and reuse of reclaimed water is already approaching the price of industrial water. At present, local governments are accelerating investment in seawater desalination projects as the strongest domestic enterprises for desalination pumps. South Pumps will directly benefit."

More vacuum pump information is available at China Vacuum Pump Trading Network (/).

Others Water Meter

Bottom layer communication: M-BUS/485 collector and measurement meter transmit data by M-BUS/485 line with 4 channels, and can connect the meter according to any topological structure. Build in backup battery, could works for 48 hours normally, and the data can be saved for 10 years if power is cut off.

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Upper layer communication: Communication methods indicate below can be selected between concentrator and management center:

(a) GPRS Communication Mode

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