The Ministry of Industry and Information Technology promotes 5G commercialization, and this car networking terminal enterprise has become the focus.

On February 22nd, the National Development and Reform Commission, Ministry of Science and Technology and other 1 1 ministries and commissions issued the "Innovative Development Strategy for Smart Cars". At the same time, the Ministry of Industry and Information Technology held a meeting to emphasize accelerating the pace of 5G commercial development and promoting the high-quality development of the information and communication industry. Double good news will benefit the application market of vertical industries such as industry, medical care, education and car networking. The following small six will sort out the market trajectory of the car networking terminal through the hexagonal prism and find the players whose value needs to be tapped.

Watch the track?

User value

During the epidemic prevention in 2020, enterprises in the form of online education, online medical care and telecommuting have become the urgent needs of market applications, and this is the opportunity for the development of 5G basic technology to drive a new round of technological and industrial changes.

(2) Commercial value

The Ministry of Industry and Information Technology emphasizes that to promote the integration development, it is necessary to study and introduce the guiding policies and integration standards for cross-industry applications of 5G, further deepen the integration development of 5G and vertical industries, promote the digitalization, networking and intelligent transformation of traditional industries, and accelerate the promotion of new businesses, new models and new applications.

As we all know, the fifth generation mobile communication technology (5G) provides at least 10 times the peak rate of 4G, millisecond transmission delay and hundreds of billions of connection capabilities with a brand-new network architecture. It is a general technology to meet the application scenarios of man-machine interconnection and object-object interconnection. The measures taken by the Ministry of Industry and Information Technology from 2020 will surely promote China to become the largest 5G market in the world. It is estimated that in ten years, the compound annual growth rate of GDP indirectly driven by 5G will reach 24%, and in 2020, the compound annual growth rate of GDP driven by 5G commerce will exceed 41900 million yuan.

(3) Investment value

For enterprises based on the terminal track of the car network, how big the market is and how far it can go determines how much return investors can get. Based on the whole car networking terminal market, the highest proportion in the competition pattern is 1 00000-50 million, accounting for 29%, and the enterprises with registered capital of1000000000 or more exceed 34%, so the market is huge.

Watching players?

(1) supporting enterprises

First of all, in order to define the scope, Xiaoliu excavated from enterprises in past investment and financing events, searched for incomplete enterprise projects with the investment target of 1 billion+,and found some objects with the investment target of 1 billion+,such as Aichi Automobile, Li, Zebra Zhixing, Tongzhou Electronics, New Energy, Xpeng Automobile, LeTV Holdings, Xiaomi Technology and Zoomlion. However, because these are all too familiar, we count the balls and redefine the scope.

Expand the scope and look for projects that have gained a foothold in the investment field through the pe round (PE is private equity investment), with high profit rate and a threshold of tens of millions of yuan. Most of the enterprises it invests in are in a mature business model, have a certain profit scale, occupy an absolute advantage in the industry, and expect sustainable profits in the future. ) car networking terminal enterprises. The investment cases of these 28 1 companies are too broad. For Xiao Liu, who wants to get a result with one click, seeing a few hundred-digit enterprise is also a scalp numbness.

Let's follow the rules and raise the scope to a project with an investment target of 1 100 million yuan!

You see, comparing hundreds of results, the results of these 49 families have caused the comfort of Primary Six.

From these 49 companies, Xiao Liu screened ten of them by time. In terms of investment rounds, China Communications Hing Road, Hui Kai and Tongda Electric are Round A, Great Wall Huaguan, Zhongpuda and Alte are strategic investments, among which All-Star Investment seems to be an investment enterprise, but Meizu actually has a car networking terminal business! None of the little six mentioned above are interested.

There seems to be a report on the project of seeing unmanned delivery vehicles during the epidemic, which seems to be a smart walker company. Let's dig deep together.

According to the target enterprise, Beijing Zhixingzhe Technology Co., Ltd. was established on 20 15, and Cheyin.com was successfully introduced as the strategic investor of the company that year.

In the second round of investment, the investment institutions include JD.com, Beijing Shunwei, Baidu Investment M&A Department and JD.COM Fair Information Technology. Because we are sorting out the investment events of 100 million yuan, the actual investment stage of Zhixing needs to be entered into the enterprise ID card in detail.

Xiao Liu is very interested in Baidu's investment in M&A department. I don't know how Baidu of BAT started to invest.

Open the investment institution page, and find that the entity name of Baidu investment company is Dazi Bairuixiang Venture Capital Management Co., Ltd., which was established on May 9, 20 17, mainly engaged in venture capital management.

Baidu has invested in many projects, including 29 projects, with a cumulative investment of more than 5.4 billion yuan. Among them, in addition to Zhixing, Gubei Electronics, Zhongke Yan Hui and Jietong Huasheng, which are in the forefront, have higher investment indexes in hard technology. If I wasn't afraid of deviating from the subject, I might be tempted to look at what the other three companies are doing.

Forget it, Liu Ge resisted curiosity and continued to dig this enterprise for everyone.

From the enterprise page of Zhi Xingzhe, we can see that his enterprise labels range from national high-tech enterprises, national high-tech small and medium-sized enterprises to light-emitting enterprises, and the endorsement of scientific and technological level can be described as rich.

From the technical label, the top technologies are vehicle control, administrative or management applications, road vehicle traffic control, vehicle plus control, etc., all related to autonomous driving. From the technical roadmap, from 20 15, vehicle monitoring, vehicle guidance, to electric vehicles, and then to automatic sweepers. It seems that I have been looking for my own matching business application scenario. After 20 19, the body control and driverless main business will return again.

According to the investment relationship diagram of Zhihangzhe talents and technology, its predecessor was Beijing Zhihuaxin Automotive Electronic Technology Development Co., Ltd., and there was related technology transfer and senior management turnover. In addition, in terms of technology authorization, a vertical technology company engaged in wide-area Internet of Things technology service provider in Guangdong takes "Internet of Things +AI" technology (AIoT) as the core, and puts forward a "new property" scheme to solve the most common problems in daily life under the effective integration of AI and Internet of Things, which has been verified by the market and reflects the market value of related core technologies of intelligent walkers.

On the investment level, in addition to the background of the above-mentioned billion-dollar investment institutions, there are more than 10 investment institutions behind it, including Beijing Automotive Group, Shenzhen Qianhai Chelian and other automobile industry capital support.

It can be seen that Zhixing completed the B+ round of investment on 20 18 after investing one billion dollars. However, judging from the financing rhythm, there is no relevant financing news on 20 19, which is still influenced by the overall investment enthusiasm of the market.

(b) team background

Investing sometimes means investing in people. Therefore, the knowledge and education background of the founders and the school background of the entrepreneurs determine their cognition of the specialty, technology and knowledge in the direction and field of entrepreneurship; In addition, in terms of experience and qualifications, the professional experience of the industry often determines the success or failure of the project.

Xiaoliu selects the core person in charge, Zhang Dezhao, from the core personnel of Zhixingzhe Enterprise Director to see its background.

When Xiao Liu saw Zhang Dezhao's personal page, he was shocked and found that there were bright spots in the picture. Originally, I wanted to dig deeper into Zhang Dezhao's academic background with his bachelor's and doctoral background in the Department of Automotive Engineering of Tsinghua University. However, after reading the highlights, Xiaoliu just wants to raise the gesture of Liuliuliu, and this project must be voted!

Zhang Dezhao ranks 8th among more than 40,000 vehicle control technicians and 20th in vehicle driving control, which is quite excellent! Based on the comprehensive professional and cooperative network, Primary Six preliminarily evaluated their personal types: strategic, leading, technical and organizational.

In the cooperative network, Zhang Dezhao is surrounded by a huge technical cooperation team, among which Xiao Liu can see experts in the field of intelligent networked automobiles such as Professor Shengbo Eben Li of Tsinghua University Vehicle Transportation College. Many inventors, such as Tang Aipeng, Sun, Sun, etc. , an engineer of a wise man, involves the invention patents around the main business of automatic driving, such as inventing the positioning method and device for automatic parking in underground garages; Methods and devices for automatically evaluating the accuracy of camera external parameters, methods and systems for testing the rainy day identification ability of unmanned vehicles, etc.

Without a core person, the value of a patent will be greatly reduced. Xiaoliu left the invention patents involved in the wise walker behind the team. Let's take a look at their technical strength. Judging from the number of patented inventions, there are 256 from the establishment of 20 15 to the present.

Through continuous technological advantages, we see intelligent walkers participating in leading intelligent transportation systems? Low speed car following system? Performance requirements and test procedures, technical requirements for service-oriented electric self-driving wheeled vehicles, etc. And through the continuous updating of standards, it has great language rights in related fields.

Based on the above background mining, when the car networking terminal market breaks out, focus on this enterprise. If you invest, remember to reward the sixth grade when you earn a lot of money.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.