Under the background of vigorous promotion of clean energy consumption by the state, Shanxi Gas Group Co., Ltd., as a provincial coal bed methane (gas) professional restructuring platform company, was officially unveiled and established in Shanxi Comprehensive Reform Demonstration Zone on March 20, which marked the comprehensive opening of Shanxi Province's gas resources integration and restructuring; on March 19, China Clean Development Co., Ltd. The fund management center of the Exhibition Mechanism (Ministry of Finance, Government and Social Capital Cooperation Center), the Asian Infrastructure Investment Bank and Beijing Gas Group signed a contract at the Beijing headquarters of the Asian Investment Bank to promote the use of clean gas energy in Beijing, and jointly cooperate for the transformation and upgrading of energy structure in Beijing and even in China.

The bright development prospects of the gas industry also provide a rare opportunity for the development of the gas metering industry. Thanks to the rising demand for gas consumption, the demand for gas meters is also rising. According to relevant data, China's gas meter output reached 41 million units in 2016, consumption of about 39 million units, gas meter production and demand are increasing. At the same time, the income of gas meter enterprises is also growing. In 2017, the revenue of Golden Card Intelligence reached 1.688 billion yuan, an increase of 97.55% compared with the same period last year, and that of Xintian Science and Technology reached 745 million yuan, an increase of 47.23% compared with the same period last year.

 

In addition, with the deepening of the reform of energy consumption structure and the gradual implementation of the 13th Five-Year Plan of natural gas in China, the number of users covered by gas will increase rapidly, which will bring tremendous pressure to the meter reading work of gas companies. At the same time, the implementation of stepped gas prices also puts forward new demands for gas metering methods. The development of energy and gas meters provides a huge market opportunity. According to the forecast of relevant institutions, the market space of intelligent gas meters will reach 60 billion yuan in the future.