The 13th (2024) Intelligent Transportation Market Annual Forum, hosted by 7its Network, was successfully held in Beijing from March 19th to 20th. The annual forum, with the theme of Seeking Certainty, delved deeply into the new products, new technologies, new business forms, new opportunities and new challenges in China's intelligent transportation market. Ulit was invited to attend this annual forum and was awarded the 2023 Annual Shipment Ranking of the Traffic Signal Controller Industry in the selection of the most influential enterprises at this forum. This is another significant award that Ulit has received in China's traffic signal controller industry after being listed among the Top 12 Traffic Signal Controller Enterprises in China for consecutive years.
Meanwhile, Ulit also presented a presentation titled Exploration of Signal Control Optimization Technology Based on Deep Reinforcement Learning at this annual meeting.
In 2023, Ulit continued to be driven by new quality technologies. Besides persistently developing the next generation of programmable logic control traffic signal controllers, holographic and all-optical signal control, and low-voltage intersection safety digital connection technologies, Ulit also explored AI-based intersections for optimized control. On the market side, Ulit has newly expanded into regions ranging from Inner Mongolia and Liaoning in the north to Hunan and Guangdong in the south, and has developed key cities such as Shenzhen and Guiyang. Ulit annual revenue, mainly based on its products, has consistently exceeded 100 million yuan, making it a representative R&D enterprise in the central and western regions of the industry.
Ulit will continue to uphold the corporate philosophy of "innovation transcends dreams and hard work creates value", continuously refining its core technology products and pursuing breakthroughs in the fields of the Internet, the IoT (Internet of Things), and big data. Based on applied mathematics, it will constantly introduce new products on the basis of the existing large-scale comprehensive system platforms, functional software systems, comprehensive equipment, as well as highly innovative and competitive products. Ulit will continue to strengthen the development of independent intellectual property rights information systems and peripheral hardware equipment, striving to become a first-class provider of smart IoT traffic solutions in China and making sustained efforts to contribute to smoother city traffic.
