·The State Council requires the acceleration of highway ETC construction

The Chinese government network disclosed yesterday that the State Council issued a number of opinions to promote the reform and development of tourism, and proposed to accelerate the construction of the highway electronic toll collection system (ETC). Experts believe that this is undoubtedly beneficial to the listed companies.
The opinion pointed out that the construction of expressways, high-speed railways and airports should take into account the needs of tourism development. Improve the tourism service function of the fuel station and the highway service area, and accelerate the construction of the highway electronic toll collection system (ETC).
Zhao Huan, an analyst at Fortune Securities, believes that the State Council is promoting the acceleration of ETC construction and the related listed companies. At present, the listed company Zhonghai Technology is mainly engaged in ETC products. In addition, Aerospace Information has developed the ETC highway non-stop charging management system and RFID-based vehicle intelligent management system. The ETC project of Hanwang Zhitong, a company acquired by Digital Zhengtong, has entered the fifth batch of national key energy-saving technology promotion catalogues. Yitong Technology and its subsidiaries obtained the software copyright of “Yongtong Technology ETC Mixed Lane Toll System” last year. Hager Communications invested 8 million yuan to set up a joint venture to cut into ETC charges and accelerate the expansion of Beidou applications.

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