Preface
Adhering to its consistent style, TBIT leads the industry with advanced technology and adheres to business rules. In 2023, it achieved significant growth in both domestic and international revenue, primarily due to the continuous expansion of its business and the enhancement of its market competitiveness. Meanwhile, the company has continuously increased R&D investment to maintain its technological leadership in the two-wheeler transportation field. In the first quarter of 2024, its performance increased by 41.2% year-on-year compared to 2023.
PART01 TBIT IoT
Shenzhen TBIT IoT Technology Co., Ltd., located in the Science and Technology Park in Nanshan District, Shenzhen, is a research and development-oriented company with Wuhan R&D branches, Wuxi Company, and Jiangxi Branch. The company mainly engages in the “smart terminal + SAAS platform” business in the IoT industry, focusing on niche markets and providing intelligent and networked product solutions for two-wheelers.
TBIT is a domestic supplier of intelligent travel solutions for two-wheelers, with its primary business focusing on intelligent solutions for two-wheel vehicles. It aims to provide intelligent solutions for two-wheel vehicle travel enterprises, including shared electric bicycle solutions, smart electric bicycle solutions, urban two-wheel vehicle supervision system solutions, and battery swapping system solutions for the takeaway market. It maintains good cooperative relations with many well-known customers both at home and abroad.
PART02 Steady Growth in Performance
Adhering to its consistent style, TBIT leads the industry with advanced technology and adheres to business rules. In 2023, it achieved significant growth in both domestic and international revenue, primarily due to the continuous expansion of its business and the enhancement of its market competitiveness. Meanwhile, the company has continuously increased R&D investment to maintain its technological leadership in the two-wheeler transportation field. In the first quarter of 2024, its performance increased by 41.2% year-on-year compared to 2023.
In terms of business, TBIT has not only achieved remarkable results in the domestic market but also actively explored overseas markets, achieving a double harvest in both domestic and international markets. The company’s new products and technologies have been widely recognized in the market, and its customer base has continuously expanded, providing strong support for the company’s revenue growth.
In terms of R&D, TBIT deeply understands the importance of technological innovation, so it continuously increases R&D investment to improve product performance and quality. The company’s R&D team has achieved several breakthroughs in the field of two-wheeler sharing and leasing, providing strong technical support for the company’s development. These R&D investments not only enhance the company’s core competitiveness but also lay a solid foundation for its future development.
PART03 Credit-Certified Enterprise
Through years of quality team building and quality process optimization, the company has achieved credit certification from the Credit Rating and Certification Center of the International Trade and Economic Cooperation Institute of the Ministry of Commerce and has been recognized as a 3A-level credit enterprise in 2024. This fully demonstrates the company’s excellent performance in enterprise credit management.
The Credit Rating and Certification Center of the International Trade and Economic Cooperation Institute of the Ministry of Commerce is the most authoritative third-party credit rating and certification agency in China, and its rating results have high credibility and authority. The 3A-level credit enterprise is assessed under a series of strict standards, including financial status, operational capabilities, development prospects, tax compliance, and social responsibility, all showing excellent performance.
PART04 Based in China, Looking Globally
In 2024, the company’s business continues to maintain a strong momentum of development, constantly moving towards new milestones. While deepening its presence in developed markets such as the United States, Germany, Switzerland, and the United Kingdom, it has successfully expanded its influence in emerging markets such as Turkey, Russia, Latvia, Slovakia, and Nigeria. Meanwhile, in the Asian market, it has also made significant breakthroughs, not only consolidating its business foundation in countries like South Korea and Thailand, but also successfully exploring new emerging markets such as Mongolia, Malaysia, and Japan.
Looking forward, the company will continue to base itself in China and look globally, actively expanding its business footprint. It will strengthen communication and collaboration with partners in various countries to jointly explore more market opportunities and development space. At the same time, the company will also increase R&D investment to improve product quality and service levels to meet the diverse needs of global consumers.
Post time: May-23-2024
