Riscon Group (sales of domestic controller) is a high-tech enterprise integrating scientific research, product development and technical services (" high-tech Enterprise "), headquartered in Shenzhen, China, with offices in Beijing, Wuxi, Changsha and Hong Kong, China. The Group's related production, R&D and sales activities are distributed in subsidiaries Riscom Microelectronics (Shenzhen) Co., LTD. (" Riscom Microelectronics "), Beijing Riscom Communication Technology Co., LTD. (" Beijing Riscom Communication "), Wuxi Riscom Communication Technology Co., LTD. (" UnTIN Riscom ") and Changsha Riscom Communication Technology Co., LTD. (" Changsha Riscom ") Up. In order to enable the Group to further balance the structure of its sales sources, the Group expanded into the smart manufacturing and industrial automation business by establishing Tsui Ho Limited and its subsidiaries (" Tsui Ho ") in August 2018. As a high-tech enterprise driven by research and development, Riskon Microelectronics has won a number of honorary titles including National high-tech Enterprise, Shenzhen High-tech Enterprise and National integrated circuit Design Enterprise.
We are based on intelligent manufacturing, power line carrier chip design as the source, smart grid and smart energy management application wings fly strategic layout. With leading research and development strength and rich industry experience, the Group offers two major businesses to the market, first, The provision of (i) automatic meter reading (" automatic meter Reading ") services to the market through power line carrier communication (" PLC ") technology, including the supply of power carrier chips, PLC modules and other automatic meter reading products, has been a leader in the market application of State Grid Corporation of China for many years. (ii) The smart energy management business (including street lamp control, building energy management, photovoltaic power generation management, etc.) has been widely used in the market, especially in the smart street lamp remote control system using PLC technology related market share among the best; Other smart management and control solutions are also growing steadily in the field of application. Second, through the acquisition of Tsui Wo, the Group expanded into the smart manufacturing and industrial automation business, further providing software licensing, production of safety products, and software after-sales customer support services for maintenance and safety integrity systems used in the petroleum and petrochemical industries.
In the future, the Group still adheres to the research of smart energy management solutions, and aims to enhance industrial information through the industrial Internet of Things, so as to realize the interconnection, interoperability and mutual control of smart energy management products in different industries and enterprises; At the same time, PLC technology is used to seamlessly connect smart energy management business with the Industrial Internet of Things through power lines to achieve further extension of the industrial network, so that the ubiquitous industrial Internet of Things road brings intelligent integrated development to Chinese industry.
In the face of the major changes in energy control and energy use patterns in China and the world as a whole, and the huge social responsibility and development opportunities of energy conservation and emission reduction, Riscon Group never forgets its original intention. While achieving leapfrog development and continuous innovation, Riscon Group actively fulfills its corporate social responsibility and takes various factors of sustainable development into consideration in the formulation and management of corporate strategies. To ensure that measures and decisions are fully understood before they are implemented and their impact on society and the environment.