As Shanghai Bay Ridge (600171), one of the future profit growth point, the company's "RFID (Electronic tag) Intelligent Library" business has achieved rapid development this year, now occupies more than 40% of the market. "RFID Intelligent Library" by Shanghai Bay Ridge Holding subsidiary Shanghai RFID Smart Tag System Technology Co., Ltd. launched, is an application of IoT technology. RFID company related people said that the current intelligent library system has been in the university library, the city library and other venues put into use, the market covers Beijing, Shanghai, Guangzhou, Hangzhou, Xiamen and other cities. According to statistics, the country has a total of more than 1300 libraries, and the use of "RFID Intelligent Library" system equipment, only 50 of the number of museums, so this market has a huge development space. RFID company said, has begun to expand the second-tier urban market. Shanghai Bay Ridge 2010.5 Annual report shows that RFID company operating income of 10.31 million yuan, achieved 2,593% growth. Companies concerned said that although the current business is still in the investment period, but gradually recognized products, market prospects, the future will become one of the company's profit growth point. The company has also developed a "RFID library outside the Intelligent Libraries", that is, "Mini Library" system, has been in the Expo News Center, Shanghai Changning Library, Putuo District Library and Beijing Normal University put into use.
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