Sanchuan Wisdom Technology

What Sanchuan Wisdom Technology does

Sanchuan Wisdom Technology (三川智慧科技股份有限公司) is a publicly listed Chinese manufacturer of smart water meters and related IoT-enabled instrumentation, trading on the Shenzhen ChiNext board under stock code 300066 since its IPO on 2010-03-26. The company is headquartered in Yingtan, Jiangxi, and is controlled by parent Jiangxi Sanchuan Group Co., Ltd. Its core products include smart water meters, NB-IoT connected meters, and related metering hardware/software, supported by a 5G-enabled digital smart factory with 15M+ unit annual production capacity and approximately 1,639 employees. Revenue is generated across multiple business segments: instrument/meter manufacturing (~897M RMB in 2022), rare earth recycling (~319M RMB, via the Tianhe Yongci subsidiary), water production/supply (~54.5M RMB), software/IT services (~42.2M RMB), and special equipment (~18.4M RMB), with products distributed in 60+ countries.

The company's business model centers on B2G/B2B sales of metering hardware to municipal water utilities and industrial customers, with a stated ~10% share of China's water meter market. Revenue diversification has been pursued through the rare earth recycling acquisition (Tianhe Yongci, 2022) and international expansion via the Chuanyu International Trade subsidiary. The company holds 518 patents (including 62 invention patents) and 419 software copyrights, and has participated in drafting 68 national and industry standards, lending IP and regulatory standing to its competitive position. Strategic partnerships with global players such as Honeywell and investments in 5G/AI-enabled manufacturing point to a transition from traditional meter manufacturer to a smart water/IOT solutions provider.

Name

Sanchuan Wisdom Technology

Legal name

三川智慧科技股份有限公司

Website

https://ytsanchuan.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Sanchuan Wisdom Technology is a Chinese manufacturer of smart water meters and IoT-enabled metering solutions, serving municipal water utilities and industrial customers across 60+ countries, with diversified operations in rare earth recycling and software services.

Ownership category

akta.pro rank

Product category

Smart Water Meters

NAICS

Totalizing Fluid Meter and Counting Device Manufacturing (334514), Other Measuring and Controlling Device Manufacturing (334519)

SIC

Totalizing Fluid Meters & Counting Devices (3824), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance) (EUANAIAA)

akta.pro secondary industries

Network Monitoring & Smart Water Sensors (Pressure/Flow/Noise Loggers, IoT) (EUANAKAB), Meter Data Management & Analytics (MDM, validation/estimation/editing, usage insights) (EUANAIAB), Commercial/Residential Building Water Management & Leak Analytics Services (HSAHAGAK)

Keywords

• Smart water meters
• NB-IoT water metering
• Ultrasonic water meters
• Electromagnetic water meters
• Smart water management platforms

Headquarters

HQ city

Yingtan

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Smart Water Meters and Instruments: Includes NB-IoT IoT water meters, ultrasonic water meters, electromagnetic water meters, wireless remote LoRa water meters, IC card water meters, photoelectric direct reading remote water meters, and mechanical water meters. Revenue from smart water meters is the primary source, accounting for approximately 43.34% of total revenue.
2. Software and Smart Water Management Systems: Includes smart water management cloud platforms (Yunzhilian platform, Shuiboshi platform), GIS systems, business billing systems, remote meter reading platforms, and DMA district leak control systems. Software and information technology services account for approximately 3.17% of revenue.
3. Rare Earth Resource Recycling: Processing of NdFeB waste materials and molten salt slag to produce rare earth oxides (praseodymium-neodymium oxide, dysprosium oxide, terbium oxide, gadolinium oxide, holmium oxide). Accounted for approximately 23.98% of revenue in 2022 after acquiring Tianhe Yongci.
4. Water Supply Operations: Including non-negative pressure secondary water supply equipment and water supply operations. Water production and supply accounts for approximately 4.09% of revenue.
5. Professional Services: After-sales service, installation guidance, technical training, and water affairs investment and operations consulting services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Sanchuan Wisdom Technology designs, manufactures, and sells intelligent water meters (NB-IoT, ultrasonic, electromagnetic, LoRa wireless remote, IC card, and mechanical) and cloud-based smart water management software platforms (Yunzhilian, Water Doctor/Shuiboshi) with GIS, billing, remote reading, and DMA leak control modules. It also produces non-negative pressure secondary water supply equipment and operates a rare earth resource recycling business through its subsidiary Tianhe Yongci.

Product overview

Sanchuan Wisdom Technology offers a comprehensive smart water management portfolio centered on intelligent water meters (including NB-IoT, LoRa, ultrasonic, and electromagnetic meters) and cloud-based water management platforms (云智联 and 水博士). The product line spans hardware (various smart water meters, communication modules, supply equipment) and software (GIS, billing, remote reading, DMA leak control systems). The company follows a 'smart metering as the body, smart energy and quality water supply as the two wings' strategy, integrating IoT, AI, and big data technologies to provide end-to-end solutions from water metering to urban water management.

Differentiator

Problem solved

Functional benefit

Brands

• 水博士平台: Customized high-end smart water utilities platform brand providing full lifecycle management solutions for water utility companies including production scheduling, customer service, operations, and pipeline leak control. Offers data value-adding services, data asset monetization, and domestically-produced (信创) full-chain adaptation.

Products and services

• NB-IoT IoT Water Meters (NB-IoT物联网水表) Smart water meters using NB-IoT (Narrow Band Internet of Things) communication technology combined with non-magnetic sensing technology for remote data transmission, wireless remote reading without additional collection equipment, and remote valve control. Features 1L measurement resolution, 31 days of real-time flow data storage, 18 months of monthly data storage, and low voltage detection with active reporting.
• Wireless Remote Reading Water Meters (无线远传水表) Wireless transmission water meters using LoRa technology for remote data collection and monitoring, supporting pre-payment and tiered water pricing functions.
• Electromagnetic Water Meters (电磁水表) Inductive flow meters based on Faraday's electromagnetic induction law, featuring zero wear, low pressure loss, wide measurement range, and high sensitivity for large user measurement and DMA district metering.
• Ultrasonic Water Meters (超声波水表) Flow meters using ultrasonic time-difference principle with industrial-grade electronic components. Features no moving parts, high accuracy, wide range ratio, long service life, can be installed at any angle, and integrates multi-parameter sensing including water quality TDS, pipeline pressure, and temperature detection for freeze and high temperature warnings. Received EU MID and international OIML certification.
• Cloud Smart Water Platform (云智联智慧水务平台) Cloud-based smart water management SaaS platform for small and medium-sized water companies, featuring simple architecture, rapid deployment, scalability, and cost efficiency. Integrates marketing, customer service, and pipe network leak control functions.
• Water Doctor Smart Water Platform (水博士智慧水务平台) Customized high-end smart water platform for water utilities with various business models, providing full-chain technical services from production scheduling, marketing, service, pipe network to decision support. Features AI integration for intelligent analytics and data asset monetization.
• Non-negative Pressure Pipe Network Pressure Stacking Water Supply Equipment (无负压管网叠压稳流给水设备) Pressure boosting water supply unit that connects directly to municipal water networks, using advanced frequency conversion control technology to ensure stable water pressure without negative pressure generation.

Quantifiable outcome

• Water utilities using smart water meters can achieve more than 15 million NB-IoT IoT smart water meters online operation
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Honeywell (霍尼韦尔)coreStrategic or Co-development Partner · 7 June 2025Sanchuan Wisdom and Honeywell announced a strategic partnership in June 2025 to jointly expand into global markets. The collaboration aims to leverage Honeywell's international presence and technology capabilities with Sanchuan's IoT water meter expertise to explore new market opportunities.
• China Telecom (中国电信)coreTechnology or IntegrationSanchuan Wisdom collaborated with China Telecom to build the industry-first 5G digital smart factory. China Telecom provides 5G network infrastructure and connectivity solutions supporting the automated production lines and IoT applications.
• Panda Electronics (熊猫电子)coreTechnology or IntegrationPanda Electronics partnered with Sanchuan Wisdom in developing the 5G digital smart factory, providing equipment and system integration expertise for the automated manufacturing systems.
• Huawei (华为)coreTechnology or IntegrationHuawei's process management system has been integrated into Sanchuan Wisdom's 5G digital smart factory operations, enabling workflow optimization and digital transformation across production, sales, supply, and service operations.
• China Mobile IoT Industry Alliance (中国移动物联网产业联盟)coreStrategic or Co-development PartnerSanchuan Wisdom serves as Vice Chairman and Secretary General of the China Mobile IoT Industry Alliance, participating in industry standards development and technology promotion.
• China Metrology Association Water Meter Working Committee (中国计量协会水表工作委员会)minorStrategic or Co-development PartnerSanchuan Wisdom serves as Vice Chairman unit of the China Metrology Association Water Meter Working Committee, participating in industry standard setting and technical exchanges.
• China Urban Water Supply and Drainage Association (中国城镇供水排水协会)minorStrategic or Co-development PartnerSanchuan Wisdom serves as Executive Director unit of the China Urban Water Supply and Drainage Association, participating in industry development initiatives and policy discussions.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Kamstrup: Danish manufacturer of ultrasonic smart water meters and analytics platforms. Direct competitor in ultrasonic technology and a leading European smart water supplier; comparable on product architecture (no moving parts, multi-sensor).
• Shenzhen HuaDa Water Meter Co. (HuaDa): Chinese smart water meter manufacturer competing in domestic tenders and exports; comparable on NB-IoT and ultrasonic product offerings targeting municipal and industrial customers.
• Ningbo Water Meter Co., Ltd. Listed Chinese manufacturer of mechanical and smart water meters (NB-IoT, ultrasonic) directly competing with Sanchuan in domestic utility tenders and export markets. Most direct peer in China's water meter industry by product overlap and customer base.
• Badger Meter, Inc. US-based manufacturer of flow measurement and smart water metering solutions (BEACON AMA, ultrasonic). Comparable in ultrasonic and electromagnetic metering product lines targeting municipal utilities globally.
• Diehl Metering: German-based smart metering company offering water, heat, and electricity solutions with strong European utility footprint. Direct competitor in smart water meter technology and AMI deployments relevant to Sanchuan's overseas push.
• Arad Group: Israeli smart water metering company with strong ultrasonic and AMI offerings for utilities worldwide. Comparable in end-to-end smart water solutions and a relevant peer for Sanchuan's overseas distribution ambitions.

Emerging players

• B METERS S.r.l. Italian smart water meter and IoT solution provider focused on European and emerging markets. Comparable on NB-IoT/LoRa water meter products and relevant as a regional competitor in Sanchuan's export geographies.

Others

• Honeywell International Inc. Strategic partner announced June 2025 for global market expansion; also competes in adjacent smart utility/building automation and measurement instrumentation. Provides an indirect benchmark for technology depth and global channel reach.

Broad incumbents

• Xylem Inc. Global water technology company encompassing smart metering (Sensus), utility analytics, and treatment. Overlaps with Sanchuan in advanced metering infrastructure and smart water management software, though at much larger scale.
• Itron, Inc. Global leader in smart water, electricity, and gas metering with strong AMI/AMR offerings. Competes with Sanchuan in international smart water utility tenders and represents the dominant Western incumbent in NB-IoT/IoT water networks.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/jiangxi-sanchuan-water-meter-co-ltd-

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sanchuan Wisdom Technology