Duolun Technology: Smart vehicle inspection is promising in the future, improving the standardization level of the motor vehicle inspection industry

How should the motor vehicle inspection industry develop? On May 28, at the "New Era, New Technologies and New Developments" China Motor Vehicle Inspection Technology and Industry Development Forum, guided by the Traffic Management Science Institute of the Ministry of Public Security and hosted by the China Intelligent Traffic Management Industry Alliance, relevant experts and practitioners believed that, The industry must get rid of the low-level operation model and develop in the direction of standardization, standardization and technology.

The forum was held in Zaozhuang, which is where Duolun Vehicle Inspection, a vehicle inspection brand under Duolun Technology (603528.SH), which hosted the forum, set sail. The forum was chaired by Yu Chunjun, deputy director of the Traffic Management Science Institute of the Ministry of Public Security. Pan Hanzhong, deputy director of the Traffic Management Science Institute of the Ministry of Public Security, pointed out in his speech: The motor vehicle inspection industry needs industry experts to conduct joint research and exploration, and use the strengths of all parties to ensure the healthy and sustainable development of the industry. ? Zhang Anqiang, chairman of Duolun Technology, said that the motor vehicle inspection industry in the new era cannot be trapped in the swamp of price competition, and should be upgraded to competition on the level of intelligence, technology and service.

Pan Hanzhong, deputy director of the Traffic Management Research Institute of the Ministry of Public Security

Yu Chunjun, deputy director of the Traffic Management Research Institute of the Ministry of Public Security

Zhang Anqiang, chairman of Duolun Technology

The future of smart vehicle inspection is promising

As the first event of China Smart Traffic Management Industry Alliance in 2021, this forum was held at the Traffic Police Corps of Shandong Provincial Public Security Department and Zaozhuang Public Security Bureau Traffic With the support of the police detachment, nearly 200 experts, persons in charge, and industry figures from public security traffic police, industry associations, vehicle inspection agencies, and vehicle inspection technology equipment companies from various provinces and cities including Beijing, Shanghai, and Chongqing were attracted to participate.

The guests at the meeting conducted a comprehensive discussion on how to ensure traffic safety through standardized, normalized and intelligent motor vehicle safety technical inspections in the new era, and create new ideas and new models for motor vehicle inspection and services.

Political Commissar Sun Bing of the Vehicle Management Office of the Shandong Provincial Public Security Department

The industry pays increasing attention to the standardization of vehicle inspections. Sun Bing, political commissar of the Vehicle Management Office of the Shandong Provincial Public Security Department, said that the Shandong Provincial Vehicle Management Office promotes and supervises the formalization and standardized development of inspection agencies by paying close attention to mechanism construction, focusing on long-term normalization, and strict supervision and management.

Researcher Sun Wei from the Traffic Management Science Institute of the Ministry of Public Security

In this regard, Sun Wei, a researcher from the Traffic Management Science Institute of the Ministry of Public Security, said that motor vehicle safety technology inspection? , the purpose is to release energy, manage the level, and serve car owners. The formulation of new industry standards will focus on the theme of safety, consider the demands of car owners and enterprises, and strictly implement relevant national top-level design requirements, with a view to promoting high-quality and sustainable development of the industry.

Yuan Li, General Manager of Duolun Automobile Inspection Group

In the motor vehicle inspection industry, Duolun Automobile Inspection is at the forefront. Yuan Li, general manager of Duolun Automobile Inspection Group, said that Duolun Auto Inspection has unified site image design, improved the informatization and intelligence level of the site, established unified inspection processes and service standards, and innovated marketing methods. The future of smart vehicle inspection is promising, and we hope that with the joint efforts of the majority of practitioners, we can create a high-quality ecosystem for the vehicle inspection industry.

Improve industry standardization and technological level

After the forum, the guests went to Duolun Technology Smart Vehicle Inspection Model Station? Duolun Vehicle Inspection Tengzhou Shengdao New Smart Motor Vehicle Inspection Station Conducted on-site inspections. Intelligent and information-based testing equipment and testing processes have been unanimously recognized by industry experts and insiders.

It is reported that the number of chain-operated vehicle inspection stations in Duolun Vehicle Inspection has exceeded more than 50 by the end of 2020. The number of vehicle inspection stations and brand chain operation system are all in the leading position in the industry.

New energy vehicles are an important part of achieving carbon peak and carbon neutrality. Starting from 2019, Duolun Technology has actively participated in the formulation of my country's new energy vehicle testing standards. In the future, it is expected to fully support the testing services of various new energy vehicles and take the lead in laying out new energy vehicle testing stations to prepare for the annual inspection of electric vehicles.

At a recent investor exchange meeting, Duolun Technology stated that it would achieve its small goal of having at least 500 chain vehicle inspection stations in the next 3-5 years through both acquisitions and self-construction.

The company has advantages in capital, product technology and operations, which can help the company maintain its dominant position in the highly competitive comprehensive vehicle inspection station market.

Zheshang Securities Research Report believes that the current automobile inspection industry is in the stage of integration and reshuffling, and branded chain stores will be the general trend. China's car ownership is expected to continue to grow in the next 20 to 30 years. Currently, the number of inspection stations per 10,000 vehicles in China is less than half of that in Europe, the United States and Japan. The domestic automobile inspection market is expected to increase to 100 billion in 2025.

The main business is stable and the growth potential of new business is beginning to be realized, which is reflected in the financial data. In the first quarter of 2021, Duolun Technology achieved revenue of 232 million yuan, a year-on-year increase of 572.76%; net profit attributable to the parent company was 22.275 million yuan, a year-on-year increase of 178.32%.

In the context of the new infrastructure and transportation power, the layout The motor vehicle inspection service industry is a natural extension of Duolun Technology's "Technology + Service" strategic upgrade, and it is also a further implementation of Duolun Technology's passion for traffic safety. The company stated that in the future, Duolun Technology will work hard with industry colleagues to promote the in-depth integration of the vehicle inspection industry and cutting-edge technology, assist the informatization transformation and upgrading of the motor vehicle inspection industry, improve the standard operation level of the entire industry, and strive to contribute to society. Create greater value. @2019