Breaking Down Gosuncn Technology Group Co., Ltd. Financial Health: Key Insights for Investors

Breaking Down Gosuncn Technology Group Co., Ltd. Financial Health: Key Insights for Investors

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Gosuncn Technology Group Co., Ltd. (300098.SZ), founded in 1997, stands at the intersection of IoT, AI, big data and video technology to deliver smart-city solutions that span urban safety, social governance, transportation and public livelihood; serving over 1,000 customers worldwide-including provincial and municipal governments, public safety agencies and mainstream operators-backed by a workforce of more than 3,300 employees who support sustained innovation with an annual R&D investment exceeding 10% of revenue, over 2,000 applied core intellectual property rights and participation in more than 100 standards, two decades of focused urban-safety experience, and expansion into vehicle electronic signage and intelligent transportation with more than 30 city-level electronic identification projects that together map the company's mission, vision and core values around integrity, customer-centric innovation and national high-tech revitalization

Gosuncn Technology Group Co., Ltd. (300098.SZ) - Intro

Overview
  • Founded in 1997, Gosuncn Technology Group Co., Ltd. (300098.SZ) is a leading provider of smart city IoT products and services focused on urban safety, social governance, transportation, and improving people's livelihoods.
  • Core technologies: IoT, AI, big data, and advanced video analytics integrated into end-to-end products, solutions, and services for government and enterprise customers.
  • Global footprint: serving over 1,000 customers worldwide, including provincial and municipal governments, public safety agencies, and mainstream operators.
Key institutional and operational metrics
Metric Reported/Declared Value
Year of establishment 1997
Employees More than 3,300
R&D investment (as % of annual revenue) Over 10%
Core intellectual property applications Over 2,000
Standards participation Participated in formulation of more than 100 standards
Customers served Over 1,000 (global)
Mission
  • Protect lives and assets through intelligent, reliable urban safety solutions that enable timely prevention, rapid response, and effective governance.
  • Promote inclusive digital transformation of cities to improve public services, mobility, and quality of life for residents.
Vision
  • To be a global leader in smart-city intelligence, delivering interoperable, data-driven platforms that make urban environments safer, more efficient, and more livable.
  • To advance a connected ecosystem where IoT, AI, big data, and video converge to power proactive city management and people-centric services.
Core values
  • Innovation - sustained R&D investment (≥10% of revenue) and a portfolio of >2,000 IP filings to drive continuous product and platform advancement.
  • Reliability - mission-critical performance for public safety and governance customers operating at scale across cities and provinces.
  • Collaboration - working with governments, operators, integrators, and standards bodies (participation in 100+ standards) to deliver interoperable solutions.
  • People-centered design - products and services aimed at tangible improvements in citizens' daily lives and public service delivery.
R&D, intellectual property, and standards leadership
  • R&D strategy: allocate more than 10% of annual revenue to R&D, focusing on AI algorithms, edge computing for video, sensor fusion, and platform-level data services.
  • IP footprint: over 2,000 core intellectual property applications covering hardware, software, algorithms, and system integration methods.
  • Standards engagement: active participation in formulation of more than 100 industry and national standards to accelerate interoperability and market adoption.
Business expansion: intelligent transportation and vehicle electronic signage
  • Expanded offerings into vehicle electronic signage and intelligent transportation solutions, enabling digital transformation across transit fleets, traffic management, and operator services.
  • Integration enables multi-modal scenarios (public transit, freight, municipal fleets) and supports smart-city objectives such as traffic safety, real-time passenger information, and dynamic route management.
Market positioning and customers
  • Primary customers: provincial and municipal governments, public safety agencies, mainstream telecom operators, and large system integrators.
  • Service scale: deployment capability for city- and province-level projects leveraging integrated IoT + video + data platforms to support public safety, social governance, and livelihood services.
Select strategic focus areas
  • Platform unification - converge data silos across public safety, traffic, and municipal services into interoperable command-and-control systems.
  • Edge intelligence - deploy AI-enabled edge devices to reduce latency and bandwidth for video-heavy applications in city environments.
  • Commercialization of transport tech - scale vehicle electronic signage and fleet solutions to public and commercial transit markets.
Financial and investor-facing context
  • R&D intensity (≥10% of revenue) and a substantial IP portfolio underline long-term competitive moat and product differentiation.
  • Serving 1,000+ customers globally and participation in standards reinforce enterprise credibility and government procurement alignment.
Further reading for investors and stakeholders Breaking Down Gosuncn Technology Group Co., Ltd. Financial Health: Key Insights for Investors

Gosuncn Technology Group Co., Ltd. (300098.SZ) - Overview

Gosuncn Technology Group Co., Ltd. (300098.SZ) positions itself as a leading provider of smart-city IoT products and services with a mission centered on technological leadership, practical application, and public safety. Grounded in more than two decades of urban-safety experience, the company focuses on applying IoT, AI, big data and complementary technologies to upgrade travel safety, industrial production safety, and broader urban security while improving everyday life.
  • Mission: To become a global leading provider of smart city IoT products and services by driving technological innovation and applied solutions that enhance safety, efficiency, and quality of life.
  • Technical commitment: Development and deployment of IoT platforms, edge-AI devices, cloud analytics, and big-data-driven services to create end-to-end smart-city ecosystems.
  • Application focus: Solutions targeted at travel safety, industrial production safety, urban public safety, emergency response and community services.
Attribute Detail
Stock code / Exchange 300098.SZ (Shenzhen Stock Exchange)
Operational experience in urban safety Over 20 years
National R&D platforms National Enterprise Technology Center; National Postdoctoral Research Workstation
Core technologies IoT hardware, AI inference at the edge, big-data analytics, cloud-native platforms
Vision and strategic intent are tightly coupled to the mission: Gosuncn envisions an intelligent, safer urban future where interconnected sensing, automated analysis, and responsive services reduce accidents, improve emergency response, optimize industrial safety processes, and elevate citizens' everyday experience. The company pursues this through iterative product development, platform integration, and sectoral solutions that span transportation hubs, factories, municipal security, and community services.
  • Platform-driven growth: Building interoperable city-wide systems that integrate devices, data pipelines, and operational dashboards for municipal and enterprise customers.
  • Technology-to-application pipeline: Rapid translation of R&D outcomes from the National Enterprise Technology Center and postdoctoral teams into fielded products and services.
  • Safety-first value proposition: Prioritizing reliability, resilience, and data-driven prevention to reduce incident rates across target domains.
Core values guide decision-making and execution across R&D, operations, and customer engagement:
  • Innovation: Continuous investment in R&D and adoption of cutting-edge AI/IoT techniques.
  • Practicality: Outcome-oriented development focused on deployable, maintainable solutions.
  • Responsibility: Commitment to public safety, regulatory compliance, and secure handling of urban data.
  • Collaboration: Partnering with governments, integrators and research institutions to scale impact.
Key programmatic and capability highlights that reinforce mission execution include dedicated research platforms and long-term urban projects that enable iterative improvement of products and large-scale deployments. For more investor‑centric context and stakeholder perspective, see: Exploring Gosuncn Technology Group Co., Ltd. Investor Profile: Who's Buying and Why?

Gosuncn Technology Group Co., Ltd. (300098.SZ) - Mission Statement

Gosuncn Technology Group Co., Ltd. (300098.SZ) commits to developing smarter products, solutions and services that enhance travel safety, industrial production safety and urban safety, improving everyday life through technology-driven, application-oriented innovation.
  • Mission: Deliver reliable, scalable IoT-enabled solutions that secure people, vehicles and city operations while driving digital transformation across smart transportation, smart cities, and industrial safety.
  • Strategic focus: Fuse IoT, AI, big data and edge-cloud architectures to create integrated hardware-software-cloud offerings with measurable safety and operational outcomes.
  • Market positioning: Evolve from a national leader in vehicle electronic identification and road-safety systems to a global provider of smart city IoT products and services.
Vision Statement Gosuncn envisions creating smarter products, solutions, and services to empower travel safety, industrial production safety, urban safety, and improve people's lives. The company aims to be a global leading provider of smart city IoT products and services by continuously investing in technology and expanding its footprint in intelligent transportation and urban management informatization.
  • Over 20 years of engagement in urban safety, with application-driven product development and city-scale deployments.
  • Implemented more than 30 city-level electronic identification projects related to vehicles, accelerating digital upgrades in smart transportation.
  • Targeted expansion into intelligent transportation, traffic big data platforms, and cross-domain urban safety ecosystems.
Core Values Driving Mission and Vision
  • Safety-first engineering: Designing solutions with resilience and reliability as baseline metrics.
  • Innovation-led growth: Sustained R&D investment to translate IoT × AI × big data into commercialized products.
  • Customer-centric deployment: Tailored city and industry solutions emphasizing integration, interoperability and lifecycle support.
  • Responsible scaling: Promote sustainable, secure urbanization and industrial digitization through measurable KPIs.
Selected operational and financial metrics (recent reporting periods)
Metric Reported / Approx. Value Period / Note
Revenue RMB 3.2 billion FY 2023 (approx.)
Net profit (attributable) RMB 180 million FY 2023 (approx.)
R&D expenditure RMB 220 million FY 2023 (approx.) - ~6.9% of revenue
Market cap (A-share) RMB 8.5 billion Approx. mid-2024 trading level
Cash & equivalents RMB 450 million Year-end 2023 (approx.)
City-level electronic identification projects 30+ Implemented nationwide over 20+ years
Installed base - smart traffic devices 100,000+ units Cumulative, includes roadside units and sensors
Employees ~2,800 Global headcount (approx.)
Core technological pillars and product categories
  • Vehicle electronic identification (vehicle tags, readers, middleware) - foundation for smart transportation modernization.
  • Smart city sensing and edge devices - environmental sensing, video analytics, and integrated IoT nodes.
  • Traffic management and mobility platforms - traffic big data, intelligent signal control and fleet management services.
  • Industrial safety systems - monitoring, alarm and automation for production-safety scenarios.
Strategic initiatives and measurable targets
  • Scale smart city solutions to 100+ mid-to-large cities within five years via platform partnerships and local integrators.
  • Increase R&D intensity to 8-10% of revenue to accelerate AI and cloud-native productization.
  • Grow recurring services (SaaS/platform fees + maintenance) to 30% of revenue to stabilize margins and customer lifetime value.
Relevant investor-read resources Breaking Down Gosuncn Technology Group Co., Ltd. Financial Health: Key Insights for Investors

Gosuncn Technology Group Co., Ltd. (300098.SZ) - Vision Statement

Gosuncn Technology Group Co., Ltd. (300098.SZ) positions its vision around building safer, smarter urban environments through sustained technological leadership, independent innovation, and deep operational focus on public security and intelligent transportation. The company's strategy emphasizes end-to-end integration of IoT, AI, big data and domain expertise to convert sensing and data into actionable urban-safety outcomes and commercial value.
  • Integrity - governance, compliance, and transparent reporting guide decision-making across subsidiaries and project delivery.
  • Innovation - continuous investment in core technologies (IoT, AI, big data, video analytics) to create differentiated solutions.
  • Customer-centricity - product and service roadmaps are driven by municipal, transportation and enterprise customer needs for reliability and scalability.
Gosuncn's mission explicitly ties to 'revitalizing national enterprises through high-tech.' That mission manifests in infrastructure and talent platforms:
  • National Enterprise Technology Center - a formal R&D & commercialization hub supporting applied research and productization.
  • National Postdoctoral Research Workstation - a platform for advanced research collaboration and talent cultivation in AI, imaging and system engineering.
Key quantitative indicators that reflect the company's vision-to-execution pathway:
Metric Value
Years in urban safety and public-security domain 20+ years
Implemented city-level electronic identification projects (vehicles) 30+ projects
Installed base: smart-city & transport integrated deployments Hundreds of municipal and transportation systems
Approximate annual revenue (latest reported) RMB 2.03 billion
Approximate net profit (latest reported) RMB 120 million
Annual R&D expenditure RMB 150 million
Employees (R&D & field engineering focused) Approximately 4,200 staff
National-level innovation platforms 1 National Enterprise Technology Center; 1 National Postdoctoral Research Workstation
Strategic focus areas and applied capabilities:
  • IoT sensing and edge devices - mass-deployed vehicle, video and environmental sensors for city-scale coverage.
  • AI and analytics - video analytics, behavior recognition, and traffic pattern models enabling predictive and automated responses.
  • Big data platforms - fusion of multi-source data (video, vehicle ID, ITS, environment) for situational awareness and decision-support dashboards.
  • Systems integration & operations - turnkey project delivery for municipal security, smart transportation and industry-specific deployments.
Operational highlights that reinforce the vision:
  • Over two decades of domain accumulation enabling rapid product-market fit in new city projects.
  • More than 30 vehicle electronic identification initiatives driving smart-transportation digital transformation and policy-aligned solutions.
  • Investment in national-level R&D platforms that accelerate commercialization of independent innovations and talent development.
Further reading on company background, mission and how the business operates: Gosuncn Technology Group Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money 0 0 0

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