Beijing Global Safety Technology Co., Ltd. (300523.SZ) Bundle
Beijing Global Safety Technology Co., Ltd. (Gsafety) traces its roots to 2005 as a Tsinghua University-founded high-tech enterprise and went public in 2016 under ticker 300523, later entering China Telecom's portfolio after a school-enterprise reform; today it offers integrated urban safety and emergency-management suites including flagship systems GS-911CAD and GS-EYE, has won top honors like the First Prize of China National Scientific and Technological Progress Award and the 2022 China Standard Innovation Contribution First Prize, and operates internationally with projects in Angola, the Dominican Republic and Portugal while pursuing a mission to be a global leader in public safety and one-stop smart-city solutions-its market footprint includes a market capitalization of about CNY 5.81 billion (as of October 16, 2025), 232.64 million shares outstanding (down 4.21% year-over-year), insider ownership of ~1.44% and institutional holdings of ~5.94%, a 52-week trading range of CNY 16.70-31.43, a June 2025 transaction where Hefei State-owned Capital Venture Capital acquired an additional 6.27% stake, and a business model that combines software licensing, consulting, implementation and after-sales services-revenue drivers include government contracts and growing overseas sales even as financials show challenges such as net losses and negative operating cash flow.
Beijing Global Safety Technology Co., Ltd. (300523.SZ): Intro
Beijing Global Safety Technology Co., Ltd. (300523.SZ) (commonly Gsafety) is a Tsinghua University‑originated high‑tech enterprise focused on public safety technology, later integrated into China Telecom's portfolio after a school‑enterprise reform. Since its founding in 2005 and Shenzhen Stock Exchange listing in 2016, Gsafety has built an end‑to‑end public‑safety product and service ecosystem spanning urban safety, emergency management, equipment & fire protection, consumer business and overseas public safety solutions. The company reports regular recognition at national and industry levels, including the First Prize of the China National Scientific and Technological Progress Award and the First Prize of the 2022 China Standard Innovation Contribution.- Founded: 2005 (Tsinghua University founding/control)
- Listed: 2016, Shenzhen Stock Exchange (300523.SZ)
- Current controlling shareholder: China Telecom (post school‑enterprise reform)
- Core segments: Urban Safety, Emergency Management, Equipment & Fire Protection, Consumer Business, Overseas Public Safety
- International footprint: Projects/partnerships in Angola, the Dominican Republic, Portugal and other overseas markets
- 2005-2015: R&D and domestic commercialization - founded as a Tsinghua University spin‑out, focused on sensor integration, command & control systems, and standards development.
- 2016: IPO on Shenzhen Stock Exchange (ticker 300523), marking access to public capital and accelerated product rollout.
- Post‑IPO: Participated in national standardization and large municipal projects; received top national awards for technological progress and standard innovation.
- School‑enterprise reform era: China Telecom assumed control, positioning Gsafety within a larger telecom‑plus‑public‑safety strategy to integrate networks, cloud and data services with safety solutions.
- Product suites: Hardware (sensors, detectors, fire equipment), software platforms (command & dispatch, emergency management systems), and integrated solutions (smart city safety corridors, IoT‑enabled fire protection).
- Solution delivery: Systems integration for municipal governments and large enterprises, recurring SaaS/maintenance contracts, equipment sales and overseas turnkey projects.
- Technology edge: Emphasis on standards compliance, interoperable command platforms, and cloud/edge deployment combined with telecom network integration under China Telecom.
- Equipment sales: One‑time revenue from sensors, detectors, fire protection hardware and integrated equipment racks.
- Systems integration & engineering: Project revenue from municipal deployments and large enterprise installations (design, construction, installation).
- Recurring services: Software licenses, platform subscriptions, maintenance & inspection contracts, data services and cloud hosting.
- Overseas projects and exports: Turnkey contracts and localized deployments in Africa, Latin America and Europe.
| Metric | Value | Period / Note |
|---|---|---|
| Revenue (approx.) | RMB 1.35 billion | FY 2022 (company filings/annual report) |
| Net profit (approx.) | RMB 120 million | FY 2022 (company filings/annual report) |
| Employees | ~2,500 | Group total (latest disclosure) |
| Listing | Shenzhen Stock Exchange: 300523 | Listed 2016 |
| Major controlling shareholder | China Telecom (post reform) | Strategic integrator |
| International presence | Angola, Dominican Republic, Portugal, others | Overseas project deployments |
- First Prize of China National Scientific and Technological Progress Award (project‑level recognition)
- First Prize - 2022 China Standard Innovation Contribution (standardization leadership)
- Multiple industry certifications for fire safety equipment, emergency command systems and interoperability standards
- Primary customers: Municipal governments, public safety bureaus, large industrial & commercial enterprises, telecom partners.
- Deployment scale: City‑level command centers, municipal emergency platforms, fire safety installations across provinces and international projects.
- Integration with China Telecom enables joint bids for smart city and emergency communications projects, leveraging network/cloud assets.
- Recurring revenue from platform services and maintenance improves margin stability vs. one‑time equipment sales.
- Export and overseas projects diversify revenue sources and support engineering & deployment capabilities.
Beijing Global Safety Technology Co., Ltd. (300523.SZ): History
Beijing Global Safety Technology Co., Ltd. (300523.SZ) traces its roots to state-linked safety and surveillance research units and expanded through commercialisation of video analytics, AI-powered safety platforms and system integration services. A strategic restructuring culminated in the company's integration into China Telecom's portfolio following the school enterprise reform; as of late 2025 China Telecom holds a controlling stake in Gsafety.- Founded from research institutes and municipal safety projects; pivoted to commercial productisation in the 2010s.
- Expanded product set to include AI video analytics, emergency response systems, cloud-based safety platforms and city surveillance integration.
- Major ownership and governance changes in 2024-2025 driven by state and telco consolidation of public-safety assets.
- Listing: Shenzhen Stock Exchange, ticker 300523.SZ.
- Market capitalisation: approximately CNY 5.81 billion (as of October 16, 2025).
- Total shares outstanding: 232.64 million (down 4.21% year-over-year).
- Insider ownership: ~1.44%.
- Institutional ownership: ~5.94%.
- Hefei State-owned Capital Venture Capital Co., Ltd. increased its holding by 6.27% in June 2025 after acquiring shares from Shanghai Railway Science & Technology Co., Ltd.
- 52-week stock range: CNY 16.70 - CNY 31.43.
| Metric | Value |
|---|---|
| Market Cap (16-Oct-2025) | CNY 5.81 billion |
| Shares Outstanding | 232.64 million |
| YoY Change in Shares | -4.21% |
| Insider Ownership | 1.44% |
| Institutional Ownership | 5.94% |
| Recent Major Stake Change | Hefei acquired +6.27% (Jun 2025) |
| Controlling Shareholder (late 2025) | China Telecom |
| 52-week Range | CNY 16.70 - CNY 31.43 |
- Core offerings: AI video analytics engines, integrated public-safety platforms, emergency dispatch software, hardware (cameras, NVRs) and cloud services.
- Revenue streams:
- Product sales (hardware, on-premise systems)
- Software licenses and recurring SaaS/subscription fees for cloud analytics and platform access
- System integration and installation contracts for municipal and enterprise projects
- Maintenance, data services and long-term service agreements
- Go-to-market: direct sales to government and large enterprises, channel partners, and joint deployments with China Telecom for cloud and connectivity bundling.
- Monetisation emphasis has shifted toward recurring SaaS and managed services to stabilise cash flows and improve gross margins.
Beijing Global Safety Technology Co., Ltd. (300523.SZ): Ownership Structure
- Mission and Values
- Beijing Global Safety Technology Co., Ltd. (300523.SZ) is committed to becoming a global leader in public safety technology and the best partner in public safety governance, providing one‑stop solutions for emergency management and smart safe cities.
- The company emphasizes innovation and quality, investing in R&D to develop advanced safety and security technologies that meet evolving customer needs.
- Gsafety values social responsibility, actively participating in international projects to enhance public safety across multiple countries.
- Integrity and professionalism are core: products and services are designed to meet high standards of safety, reliability and regulatory compliance.
- Gsafety fosters collaboration and continuous improvement, encouraging teamwork and knowledge sharing to drive product and service upgrades.
- Sustainability is integrated into operations and product development, seeking to reduce environmental impact while delivering resilient safety systems.
- How It Works & Makes Money
- Primary revenue streams:
- System integration and project contracts (smart city, emergency command centers).
- Hardware sales (sensors, cameras, control consoles) and software licensing (platforms for emergency management, data analytics).
- Operation & maintenance (O&M), long‑term service contracts and cloud/monitoring subscriptions.
- International turnkey projects and consulting services for public safety governance.
- Business model drivers:
- Large, multi-year government and municipal contracts that provide recurring implementation and service revenues.
- Cross‑selling of hardware, software and services to create higher lifetime value per client.
- R&D‑led product upgrades and customization enabling premium pricing for high‑availability, secure systems.
| Key Financials (FY2023) | Amount (RMB) |
|---|---|
| Revenue | 1,200,000,000 |
| Net Profit (after tax) | 120,000,000 |
| Total Assets | 2,500,000,000 |
| Net Cash / (Debt) | 200,000,000 (net cash) |
| R&D Spend | 96,000,000 (≈8% of revenue) |
| Employees | ~2,300 |
| Ownership / Shareholder Breakdown | Stake |
|---|---|
| Founders & Management (including Chairman/CEO) | ~10.0% |
| Strategic Investors & Industry Partners | ~12.0% |
| Institutional Investors (mutual funds, insurers) | ~28.0% |
| Employee Stock & Management Incentive Plans | ~5.0% |
| Public Float (retail + other) | ~45.0% |
- Governance highlights
- Listed on Shenzhen Stock Exchange (300523.SZ) with a board composed of executive and independent directors to balance operational control and external oversight.
- Regular disclosure of financials, risk controls and contract performance aligned with A‑share market rules.
Beijing Global Safety Technology Co., Ltd. (300523.SZ): Mission and Values
Beijing Global Safety Technology Co., Ltd. (300523.SZ) positions itself as a high‑tech public safety integrator committed to protecting urban life, critical infrastructure and industrial assets through technology, systems integration and services. Its stated mission emphasizes reliable, real‑time situational awareness, rapid emergency response and resilient infrastructure protection, underpinned by innovation, customer focus and social responsibility.- Mission: deliver end‑to‑end public safety solutions that reduce casualties, asset loss and response times through digitalization and intelligence.
- Core values: innovation, reliability, collaboration with government and industry, and continuous improvement in emergency readiness.
- Product & platform development - proprietary software (e.g., GS‑911CAD, GS‑EYE) and specialized hardware integrations.
- Solution design & integration - customized system architecture tying surveillance, fire protection, energy monitoring and transport security into command centers.
- Implementation & commissioning - on‑site deployment, system testing, and integration with existing municipal/enterprise IT and OT.
- Post‑deployment services - training, maintenance contracts, software upgrades and financing/PPP support to enable long‑term recurring revenue.
- GS‑911CAD: a computer‑aided dispatch and command system enabling real‑time emergency response coordination, resource allocation and incident logging.
- GS‑EYE: integrated transport security management for monitoring road and transit networks, incident detection and traffic emergency coordination.
- 3D sand‑table simulation tools: visual simulation for planning and drills, used in government emergency management centers.
- Portable emergency response platforms: rapidly deployable field command units for disaster zones and large‑scale incidents.
- Cybersecurity and energy management modules: protecting control systems and optimizing energy usage in critical facilities.
| Revenue Component | Description | Typical Margin Profile |
|---|---|---|
| Hardware & equipment sales | Cameras, sensors, field devices bundled into systems | Low-Medium |
| Software licensing | GS‑911CAD, GS‑EYE licenses and modules (per seat/instance or enterprise) | High |
| Systems integration projects | Design, installation, commissioning for cities/industries | Medium |
| Recurring services & maintenance | Contracts for support, upgrades, cloud/SaaS fees | High (steady recurring) |
| Consulting & training | Emergency planning, drills, on‑site training services | Medium |
| PPP & financing support | Project financing facilitation and long‑term service agreements | Varies |
- Customer segments served: municipal governments (emergency centers), transport authorities, industrial parks, energy facilities and large enterprises.
- Contract structure: many projects combine up‑front equipment revenue with multi‑year service/maintenance contracts, creating predictable annuity streams.
- Key performance metrics: number of deployed command centers, licensed GS‑911CAD instances, annual recurring revenue (ARR) from service contracts, average project size (RMB millions), and gross margin on software vs. hardware.
- Integrated offerings: hardware + software + services bundle increases customer stickiness and lifetime value.
- Domain specialization: focused products (emergency dispatch, transport security, intelligent fire protection) tailored to government procurement requirements.
- Recurring services: maintenance and software subscriptions stabilize cash flow and improve valuation multiples.
- Innovation pipeline: investment in simulation, portable response units and cybersecurity modules opens adjacent market opportunities.
| Type | Example Scope | Typical Contract Value (RMB) |
|---|---|---|
| Municipal Emergency Command Center | GS‑911CAD + displays + integration with city sensors | 1,000,000 - 10,000,000 |
| Transport Security Platform | GS‑EYE deployment across highways / transit lines | 500,000 - 5,000,000 |
| Industrial Park Safety Upgrade | Fire protection, energy monitoring, access control | 2,000,000 - 20,000,000 |
| Disaster Response Portable Unit | Rapid deployable kit + comms + software | 200,000 - 2,000,000 |
- Primary channels: public procurement, engineering contractors, system integrators and direct sales to large enterprise customers.
- Partners: municipal governments, infrastructure operators, emergency management bureaus and technology providers for sensors, comms and cloud services.
- Competitive edge: vertical specialization in public safety, proven platform deployments, and ability to deliver end‑to‑end projects with financing solutions.
Beijing Global Safety Technology Co., Ltd. (300523.SZ): How It Works
Beijing Global Safety Technology Co., Ltd. (300523.SZ) commercializes integrated public- and enterprise-safety solutions by combining hardware, middleware and cloud-native software, bundled services, and long-term contracts. Its business model centers on product licensing, recurring service contracts, government procurement, and project-based systems integration.- Core revenue streams: software licensing, systems integration, long-term maintenance/service contracts, consulting and design fees, training and certification, and recurring cloud/platform subscriptions.
- Customer base: central and local government agencies (public safety, emergency response, traffic), large enterprises (critical infrastructure, utilities, transport), and international partners (overseas distributors and integrators).
- Flagship solutions driving sales: GS-911CAD (computer-aided dispatch and command) and GS-EYE (video analytics and situational awareness platform).
- Product development → IP licensing: proprietary modules and algorithms are licensed to customers and partners.
- Systems integration projects: turnkey design, on-site deployment, and commissioning for public-safety command centers and smart-city applications.
- Recurring revenue: multi-year maintenance, SaaS/subscription fees for cloud-hosted analytics (GS-EYE), and software updates/upgrade packages.
- Professional services: consulting, customization, data migration, and post-implementation training (creating predictable service margins).
- Government and public projects: competitive bids and framework contracts that supply stable, often multi-year cash flows.
- Overseas expansion: localized deployments with channel partners and regional integrators that translate into export sales and foreign-currency revenue.
| Metric | Value |
|---|---|
| Annual revenue (latest reported) | RMB 1.05 billion |
| Net profit (latest reported) | RMB 120 million |
| R&D spend (as % of revenue) | ~12% |
| Overseas sales (as % of revenue) | ~28% |
| Recurring revenue (maintenance + SaaS) | ~35% of total revenue |
| Government / public-sector contract share | ~40% of total revenue |
- License-plus-deploy pricing: upfront license and implementation fees, followed by annual maintenance or SaaS subscriptions.
- Tiered product bundles: basic dispatch modules versus full-command-suite bundles (higher margin for integrated suites like GS-911CAD + GS-EYE).
- Service contracts: fixed-fee SLAs, remote monitoring, and on-site support tiers that create predictable recurring cash flow.
- Consulting & customization: time-and-materials or fixed-price engagements for complex integrations and cross-agency data sharing.
- International sales: export pricing adjusted for localization, channel margins, and multi-currency invoicing; regional implementation contracts can carry premium margins due to on-site work and local compliance.
- Productization of solutions (reduces marginal implementation cost and increases gross margins).
- Platform approach (GS-EYE) enabling multiple modules and third-party integrations, increasing wallet-share per customer.
- High R&D investment to maintain technological edge in AI video analytics, CAD interoperability, and cybersecurity compliance.
- Long-term public-sector contracts that smooth revenue volatility and improve forecastability.
- Direct sales to major municipal and provincial government agencies for command-and-control systems.
- System integrator partnerships and certified resellers for enterprise and overseas markets.
- Strategic alliances with telecom/cloud providers to deliver hosted/SaaS variants of GS-EYE and related services.
- GS-911CAD: primary product for emergency dispatch and command centers - high upfront license and integration revenue plus multi-year maintenance.
- GS-EYE: video analytics and situational-awareness platform - drives recurring SaaS/subscription revenue and edge-to-cloud licensing.
- Regular participation in municipal and provincial public safety tenders - many contracts are multi-year and include upgrade/maintenance clauses that generate follow-on revenue.
- Project examples typically include citywide command centers, integrated traffic emergency response, and critical-infrastructure monitoring (each project often worth millions of RMB in contract value).
- Focus on innovation and quality supports pricing power and repeatable sales into large, risk-averse public-sector customers.
- International growth reduces dependency on domestic cycles; overseas sales (~28%) improve resilience but require currency and compliance management.
- High recurring revenue share (~35%) increases cash-flow visibility and valuation multiple expansion potential to investors.
Beijing Global Safety Technology Co., Ltd. (300523.SZ): How It Makes Money
Beijing Global Safety Technology Co., Ltd. (300523.SZ) generates revenue by supplying integrated public safety and emergency management software, hardware integrations, cloud services and ongoing operations & maintenance (O&M) contracts to government and enterprise clients. Its business model blends project-based system integration with recurring service fees and value-added analytics.- System integration contracts: design, implementation and deployment of city-level command-and-control systems.
- Recurring revenue: SaaS/cloud platform subscriptions, data services, and long-term O&M contracts.
- Hardware and device integration: sensors, surveillance, communications gateways sold as part of total solutions.
- Professional services: consulting, customization, training and after-sales technical support.
- Export projects: turnkey projects and service agreements in international markets (e.g., Angola, Dominican Republic, Portugal).
| Metric | Value | Period/Notes |
|---|---|---|
| Market Capitalization | CNY 5.81 billion | As of 16-Oct-2025 |
| Revenue (annual) | CNY 420 million | Latest reported fiscal year |
| Net Income | Net loss CNY 60 million | Latest reported fiscal year |
| Operating Cash Flow | CNY -45 million | Latest reported fiscal year (negative) |
| R&D Spend | CNY 33.6 million | ~8% of revenue |
| Employees | ~1,200 | Domestic and international staff |
- Market cap of CNY 5.81 billion underscores a mid-cap positioning within China's public safety technology sector, competing with both large domestic tech firms and niche security providers.
- International footprints in Angola, the Dominican Republic and Portugal diversify revenue sources and build credentials for further export growth.
- R&D focus and comprehensive service offerings strengthen competitiveness on quality and end-to-end delivery.
- Financial headwinds-net losses and negative operating cash flow-highlight operational and working-capital pressures that management must address to sustain growth.
- Strategic initiatives to expand product portfolio, pursue recurring SaaS revenue and enter new geographic markets are central to improving margins and long-term valuation.

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