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Qingdao Topscomm Communication Inc. (China)

Main Activities: Semiconductor and Other Electronic Component Manufacturing | Telecommunications
Full name: Qingdao Topscomm Communication Inc. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Qingdao Topscomm Communication Inc. is a company located in Qingdao, China. It was established in March 2008 in the Shinan District of Qingdao. The company has a registered capital of 652 million yuan. In October 2016, it was listed on the Shanghai Stock Exchange (stock code 603421), becoming the first privately-owned high-tech enterprise in Qingdao to be listed on the main board in Shanghai. Qingdao Topscomm Communication Inc. focuses on customer-driven and technology-driven core competencies. It has developed a technology development system based on IPD (Integrated Product Development) and possesses domestically-produced industrial-grade series chips with independent intellectual property rights. The company has achieved full automation in the entire industry chain through industrial application chipization and independent structural design. It has also established a quality assurance system of "zero defects in three years, with a lifespan of sixteen years." Qingdao Topscomm Communication Inc. actively invests in various industries such as "Internet of Things, comprehensive energy efficiency management, power information communication, arc fault protection, and intelligent fire protection" with "China Core" as the core. Qingdao Topscomm Communication Inc. has a strong technical reserve and a complete product system. It specializes in the basic theoretical research of power line carrier communication technology and bus communication technology. Based on industry-leading comprehensive solutions, the company transforms them into terminal products that combine "software + hardware + services." These products are mainly used in the national smart grid's power information collection system and have rich experience in power deepening applications and information system construction. With a deep understanding of the smart grid, Qingdao Topscomm Communication Inc. expands horizontally in the low-voltage power consumption field and vertically in the middle-voltage carrier, distribution network automation, power quality, 10kV charging stations, and arc fault protection technologies. It actively explores new areas of technological application and is a high-quality supplier in the power industry. Qingdao Topscomm Communication Inc. has more than 200 independent intellectual property rights in integrated circuit design, field communication, electronic technology, and systems. It has participated in the formulation of 12 national and industry-related standards in the power and fire industries. The company has received three national, provincial, and municipal-level scientific and technological progress awards. It is a national high-tech enterprise, a key software enterprise within the national planning layout, a national gazelle enterprise, a Shandong provincial enterprise technology center, a Shandong provincial technology innovation demonstration enterprise, a Shandong provincial contract-honoring and credit-worthy unit, a Qingdao engineering research center, a Qingdao engineering technology research center, a Qingdao science and technology innovation enterprise, and a Qingdao specialized and new demonstration enterprise. It has qualifications such as second-level qualification for computer system integration, third-level qualification for information security services, CCC certification, measurement management system certification, ISO9001 certification, ISO14001 certification, OHSAS18001 certification, and CNAS certification. The "TOPSCOMM" brand has been awarded the title of Shandong Province's service brand, and products such as "concentrators" and "carrier chip software" have been recognized as Shandong famous brand products. The chairman, Wang Jianhua, has been honored with the title of "Taishan Industry Leader". The company's headquarters is located in the Software Park of the Shinan District in Qingdao. It has a self-built high-tech industrial park covering an area of 360,000 square meters in the high-tech zone. The park includes a 35kV substation and a 12MW solar power generation system. It actively responds to the national "peak shaving and valley filling" policy and uses a cold and hot water energy storage system to provide cooling and heating for the industrial park, achieving more than 50% energy savings compared to conventional factories. The industrial park has independently developed and designed fully automated production lines. Through the integration of information systems, the company has built a factory management system called WIS platform. It uses CCD vision recognition systems and robots to achieve "Internet + manufacturing" intelligent manufacturing. The park has the design, production, and manufacturing capabilities of industrialization, automation, informationization, and intelligence. It strives to become a leading "smart factory" in the power electronics and fire industries. Qingdao Topscomm Communication Inc. adheres to the core values of "adhering to principles, seeking truth from facts, customer-centricity, putting the strugglers first, and self-criticism." The company continuously improves its innovation capabilities and strives tirelessly to achieve its vision of becoming a leader in the power distribution field.

Headquarters
Zone B 5F Bldg 6 288 Ningxia Road Shinan Dist. Qingdao Shandong
Qingdao; Shandong; Postal Code: 266024

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Website: http://www.topscomm.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 26, 2008
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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Director
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Deputy General Manager
Ownership Details
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26.88%
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23.28%
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6.14%
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3.24%
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2.59%
Subsidiaries
Qingdao Dingjun Electric Co., Ltd.
100%
Qingdao Dingxin Communication Fire Safety Co., Ltd.
100%
Qingdao Dingxin Communication Power Engineering Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
20.65%
Total operating revenue
20.55%
Operating profit (EBIT)
-20.17%
EBITDA
-33.28%
Net Profit (Loss) for the Period
-27.89%
Total assets
5.15%
Total equity
1.89%
Operating Profit Margin (ROS)
-1.42%
Net Profit Margin
-1.67%
Return on Equity (ROE)
-0.67%
Debt to Equity Ratio
7.7%
Quick Ratio
0.12%
Cash Ratio
0.04%

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