In the context of economic transformation, industrial parks, as an important "starting point" for scientific and technological innovation, continue to attract market attention.
At present, China's economy has shifted from high-speed growth to high-quality development, and is now in a critical period of transforming the mode of development, optimizing the economic structure, and transforming the growth momentum. This means that "transformation" will become the key word of China's economic development for a long time.
The industry is the foundation and core of the economic system, and the construction of a modern industrial system is the main battlefield for the construction of a modern economic system. In China's 2022 work report, at least 29 provincial-level administrative regions mentioned parks, which shows the importance of industrial parks in the current regional economic development.
With the continuous deepening of China's economic transformation, there will naturally be new requirements for the development of industrial parks, and only by grasping the future development trend of industrial parks can industry players truly seize the opportunities brought by economic transformation. In this regard, CEOVU (00798) has been at the forefront of the market and leading the development of the entire industry.
The four new development trends of industrial parks are becoming clearer.
In the past three years, due to multiple factors such as the recurrence of the epidemic, the intensification of geopolitical risks, the complication of the international situation, and the entry of the United States into the interest rate hike cycle, the business operations of all walks of life have been impacted, and the park industry has also encountered great operational challenges, and the vacancy rate of the industrial park has continued to be high.
However, under such pressure, the market demand for building the unique competitiveness of the industrial park is becoming more and more obvious, which forces market players to increase the layout in the new development direction of the park industry, and the new trend of the park industry is becoming more and more clear, which is mainly reflected in the following aspects:
First, industrial iteration is accelerating. One of the main goals of economic transformation is to complete the optimization and upgrading of the industrial structure, promote the industry to move towards the middle and high-end by accelerating the adjustment of the industrial structure, and transform and upgrade the traditional industries while developing emerging industries such as high-end equipment manufacturing, new energy, and new materials. This also means that the adjustment and iteration speed of the industry will be more efficient than before.
In this context, insight into the trend of industrial changes and seizing the strategic window period of emerging industries has become one of the key factors for market players to widen the gap. Industrial parks need to grasp the rhythm of industrial replacement, layout in advance, eliminate backward industries, and forward-looking layout of strategic emerging industries with distinctive characteristics and highly recognizable compound local development. In recent years, specialized parks have gradually become popular, among which biomedical industrial parks, e-commerce industrial parks, integrated circuit industrial parks, intelligent networked vehicle industrial parks, artificial intelligence industrial parks, and digital economy industrial parks have become hot spots.
Second, the importance of park operation is becoming increasingly prominent. From the perspective of the current situation of the industry, most of the domestic park enterprises have the pain point of "strong development" but "weak operation". Due to the relatively weak salary incentives, some enterprises in the park have failed to establish and cultivate professional operation teams, resulting in a relative lack of capabilities at the operational level. Or in the early stage of the construction of the park, the lack of unified planning, resulting in the enterprises in the park working independently, it is difficult to form synergies and scale effects, resources can not be shared, advantages can not be complementary, and the operation effect is unsatisfactory, which needs to be improved urgently.
On the other hand, the requirements for industrial parks are not only limited to land finance, but gradually change to tax finance, innovation resources, industrial development and other aspects, which means that professional operation is indispensable, and it is becoming a market consensus to build an industrial service ecosystem that meets the whole development cycle of enterprises with professional services.
Third, the digital and intelligent development of the park will be accelerated. With the continuous progress of technology, China's digital technology is becoming more and more mature, and the ability of digital intelligence deployment to improve the operational efficiency of the park, optimize resource allocation, promote industrial upgrading, enhance the innovation ability of enterprises, and promote sustainable development has become more and more prominent, which has played a very key role in improving the service quality of the park and promoting the investment of the park.
Fourth, the "low-carbon" development of the park in the "dual carbon" era has become an irreversible trend. Since the "dual carbon" goal was clearly proposed, China's grand construction cycle of building a clean energy system has quietly begun. According to the data, the energy consumption of China's industrial parks accounts for about 69% of the total energy consumption of the whole society, and carbon emissions account for about 31% of the country's total emissions.
Previously, the Ministry of Ecology and Environment issued the "Notice on Carrying out Pilot Carbon Emission Assessment in the Environmental Impact Assessment of Industrial Park Planning", which made detailed requirements for the low-carbon development of the park. The "Notice" stated that it will adhere to the improvement of ecological environment quality as the core, implement the requirements of the synergy goal of pollution reduction and carbon reduction, and help the green transformation and high-quality development of regional industries. This means that parks that cannot achieve low-carbon development will gradually be eliminated by the market and policies.
Firmly grasping the development trend of the industry, CEOVU has released strong growth momentum.
Looking at all the players in industrial parks in China, in terms of grasping the future development trend of the park, CEOVU can be said to be the leader in the industry. As early as 2019, CEOVU put forward a long-term development strategy of "one platform and two parties", and began to upgrade from a professional industrial park development and operation group to a builder of "innovation ecology" and "industrial resource sharing platform" based on industrial park development and operation. On this basis, in order to further activate the industrial ecological resources, CEOVU has started a strategic transformation of "one body and two wings" with park operation as the main body, park development as the support, and industrial investment as the engine, driving the company to accelerate its growth in the direction of the new trend of park development.
In detail, in the face of the industry trend of accelerating industrial iteration, CEOVU has a unique competitive advantage as a member of China Electronics Information Industry Group (a member enterprise directly managed by China Electronics Industry Group with network information business as its core business, hereinafter referred to as "China Electronics").
It is reported that China Electronics Group focuses on the three core tasks of supporting the modernization of the national governance system and governance capacity with digital technology, serving the high-quality development of the digital economy, and ensuring national network security, and focuses on the development of key businesses such as computing industry, integrated circuits, network security, data applications, and high-tech electronics, so as to build the core strategic scientific and technological strength of the national network information industry. At present, CEC has 20 listed companies, 663 member companies, and total assets of 4216200 million yuan, and has been selected into the Fortune Global 500 for 13 consecutive years.
Relying on the synergy effect with China Electronics Group in high-tech industries, CEC Optics Valley has natural advantages in grasping the trend of high-tech industries, and the company has established a business layout around the national strategies such as "innovation-driven, manufacturing power, quality power, network power, digital China and regional coordination" and the goal of China Electronics to build the core strategic scientific and technological strength of the national network information industry. Promote industrial upgrading, focus on the key industrial chain of the manufacturing industry, promote technological research, gather network information resources, build characteristic network information ecological clusters, and accelerate the digital transformation of traditional industries and small and medium-sized enterprises, and contribute to the construction of a modern industrial system.
In terms of park operations,CEOVU innovatively proposes the "POEPC" three-in-one service model, which takes the later investment and operation services as the ultimate goal to guide the early planning and consultation, and controls and manages the project construction process through project planning and design to achieve the operation service goals. This model can provide local ** and large enterprises with the whole process management services of the project led by the investment promotion and operation of the park, which is generally welcomed by the local **.
In the first half of 2023, the revenue from CEOV's park operation services accounted for 58% of the company's total revenue6%, which shows the strong strength of CEOVU in the operation and service of the park. Obviously, in addition to the first growth curve with countercyclical adjustment, the integrated operation service with "P+EPC+O" as the main mode has become the second growth curve of CEOV.
In terms of digital intelligence in the park,Relying on CEC Optics Valley, the company has completed the digitization of its core business and improved the construction of digital infrastructure, and has accelerated the introduction of "park cloud", "industrial cloud" and "low-carbon cloud" to the market, and created a series of benchmark projects to lay a solid foundation for the comprehensive promotion of the digital park system in the market. With the continuous promotion of the "100 Cities and 10,000 Enterprises" plan, the digital park system of CEOVU is expected to become a supporting force for the construction of digital China, and digitalization will become the third growth curve of CEOVU from a long-term perspective.
In terms of "low-carbon" parks,CEOVU, which firmly believes that "social value leads corporate strategy", began to publish ESG reports as early as 2019, and has clear requirements for the company in terms of environment, society and governance. After China put forward the dual carbon goal, CEOVU closely followed the national green development strategy, followed the development trend of low-carbon parks, and clearly focused on safe, low-carbon, smart and green parks in 2021, and put forward the long-term goal of striving to basically complete the construction of low-carbon parks by 2050.
In order to steadily promote the realization of this goal, CEOVU has set up a special working group for low-carbon parks and formulated a specific implementation plan. The company actively promotes low-carbon construction through technology empowerment, technology investment, industry policy formulation, peer exchanges and other measures. According to the data, in 2021, CEOVU has completed 7 sponge city design projects, with a cumulative area of about 5870,000 square meters. As the first industrial park enterprise in the industry to respond to the "dual carbon" strategy, ESG development and "low-carbon" parks will become a new dimension of power for CEOVU to build its core competitive advantage.
Thanks to the deep grasp of the industrial development trend of the park and the successful transformation of the development strategy of "one body, two wings", CEOVU has shown strong growth potential, and the company has achieved sustained high growth since the beginning of the "14th Five-Year Plan", with its revenue increasing by 48 in 20216%, revenue growth of 219%, after two consecutive years of high growth, revenue growth accelerated again in the first half of 2023, reaching 371%。
It is worth noting that the sustained high growth of CEOVU since 2021 has been achieved on the basis of great challenges and uncertainties in the business environment, which is enough to see the gold content of CEOVEU's growth momentum.
It is foreseeable that CEOV Optics Valley, which has a deep grasp of the industrial development trend of the park, is expected to benefit from the continuous advancement of China's economic transformation. At the same time, CEOV Optics Valley, which actively responds to the national strategy and fully supports China Electronics to build the core strategic scientific and technological strength of the national network information industry, will also contribute to China's economic transformation and industrial optimization and upgrading.