Pinming Technology (688109.SH) is dedicated to empowering the construction industry with technology, focusing deeply on construction informatization. It is a provider of digital construction technologies and products, with business areas covering digital cost estimation, construction software, BIM software, smart construction sites, intelligent enterprises, digital governance, digital education, and artificial intelligence. Its user base spans government-level, enterprise-level, project-level, and individual position-level applications.
The company is a key software enterprise under national planning and has established R&D centers in Hangzhou’s National Software Industry R&D Base and Xi’an High-Tech Park. Approximately 42% of its workforce consists of R&D technical personnel, with R&D investment accounting for about 30% of revenue over the past three years. The company holds over 390 patents and software copyrights with core technologies, achieving breakthroughs in key areas such as BIM 3D foundational graphics platforms, safety assistance technology for lifting machinery, digital construction aPaaS platforms, and AI algorithm technologies, building core product competitiveness. It has led or participated in formulating over 30 national, local, and industry standards for tower cranes, construction hoists, and BIM.
With the goal of enhancing construction productivity through technology, the company integrates next-generation information technologies such as BIM, big data, cloud computing, IoT, mobile technology, VR/AR/MR, and artificial intelligence, combined with industry expertise and professional knowledge, to provide professional products and solutions for the construction industry. These solutions improve management levels in project progress, quality, safety, cost, and green construction. The company has provided digital services for major projects such as the Yinjiangbuhan Project, Beijing New International Exhibition Center Phase II, Hangzhou Xiaoshan International Airport Phase III, and the main venue of the Qatar 2022 World Cup. Its products are primarily used by construction groups such as China State Construction, China Railway Construction, China Railway, China Metallurgical Group, China Communications Construction, and China Power Construction.
