[Chinese instrument network enterprise weathervane] Xintian Technology Co., Ltd. recently signed a "Smart Water Solutions Business Strategic Cooperation Agreement" with Schneider Electric (China) Co., Ltd. The two parties reached a consensus to decide on strategic cooperation in smart water solutions related products. To achieve sharing of resources between the two sides and help each other to increase market share and create greater commercial value. The cooperation period is 3 years.

As a Fortune 500 company, Schneider Electric has 35 years of successful management experience in the field of water management and has many mature solutions for smart water solutions. Aquis, the real-time online hydraulic model system developed by Schneider, is the only online scheduling management platform that seamlessly integrates and bidirectionally interworks SCADA with the model; another WMS, a poor sales and leakage control management platform, can reduce water leakage losses for water companies. Reducing operating costs provides an effective solution.

Xintian Technology and Schneider have established strategic partnerships to develop cooperation in the Aquis hydraulic model system, WMS production and sales difference and leakage management systems, SCADA systems, smart meters, and remote transmission systems around the development trend of the smart water industry. Information islands, data sharing, water supply companies to help improve the water supply rate of return, so that the water company's management easier and more intelligent. Through resource sharing, data sharing, and mutual collaboration, the company integrates multiple resources to help both parties increase market share and create greater business value.

Specifically, the two sides jointly conduct business, for example, Xintian Technology integrated Schneider's smart water software system into its smart water service software package, and Schneider gave Xintian Technology the price of each serial software product as the core strategic partner discount price; Schneider sells smart water software systems and will give priority to Xintian Technology's hardware products such as smart watches and remote transmission systems.

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