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Tuesday, March 30, 2021 5:32:56 AM
ChinaSoft International's 2020 performance hits a record high, net profit attributable to the parent increased by 26.5% year-on-year.
source
http://www.chinasofti.com/news/2163.htm
2021-03-30
ChinaSoft International Limited (SEHK: 00354) today announced its 2020 annual results.
In 2020, the company’s business will achieve growth against the trend, with revenue increasing by 17.1% year-on-year, cloud intelligence business revenue increasing by 63.1% year-on-year, profit attributable to the company’s owners increased by 26.5% year-on-year, and basic earnings per share increased by 23.3% year-on-year. Operating net cash increased by 56.0% year-on-year.
In 2020, in the face of complex internal and external environmental challenges, ChinaSoft International will seize the opportunity of digital transformation while driving the steady development of the company with IP and ecology. The company continues to rank TOP100 in Gartner's global IT service market share, and its revenue and profit have reached new highs. It strongly demonstrates the combat capability, service level and forge ahead of China's Digital Iron Army! The company has formulated a long-term development strategy for large customers, continued to consolidate the cornerstone business focusing on technical professional services and solutions, and is committed to productizing the cornerstone business, achieving high-quality expansion, and comprehensively expanding the company’s second growth curve. Cloud intelligent business, based on domestic, global layout, insist on "drawing a blueprint to the end".
Consolidate the cornerstone business and launch a software factory to build a long-term competitive advantage.
During the reporting period, the company integrated the professional service capabilities and management capabilities accumulated through long-term cooperation with major customers such as Huawei and HSBC, launched a software factory integrating consulting and diagnosis, process management, IT tools and delivery services, and comprehensively upgraded traditional IT services. Improve service quality and service value, open up market space with better quality and scale, and build long-term competitive advantage.
During the reporting period, the company's Huawei business continued to grow, and the company ranked first in the performance evaluation of Huawei's R&D outsourcing suppliers. It achieved absolute leadership in share, quality and efficiency, and made it a step closer to becoming a Huawei's strategic supplier. The company has established a variety of product cooperation models with Huawei around Kunpeng, Goss, WeLink, Smart Screen, etc., and successfully broke through and delivered multiple projects in key industries such as government, enterprise, finance, and manufacturing. The company became the first partner to sign the "HUAWEI HiLink Eco-Solution Service Cooperation Agreement" with Huawei, and won the HUAWEI HiLink "Excellent Partner Eco-Enable Service" award.
During the reporting period, corporate finance and banking business steadily improved, and 40 new customers including domestic and foreign banks, private banks, non-bank financial institutions, and overseas financial institutions were added. At the same time, the company continued to promote technological innovation to provide customers with technological empowerment and model innovation And business upgrades.
During the reporting period, the company's Ping An Department business grew rapidly, with full efforts in banking, OneConnect, and insurance, and newly opened up 9 Ping An Department customers. In the field of retail banking, the company builds a platform based on the client’s Open Bank’s goal of “opening up capabilities” and has access to hundreds of API interfaces, covering product capabilities such as accounts, wealth management, payment, and margin; the company fully promotes wisdom under the intelligent OMO service system Operation 3.0 construction helps Ping An to build a high-quality operation system. In the business area of ??OneConnect, the company has won the bid for multiple projects such as Wisdom Economics Division and Wisdom Decision Platform Phase II. In the insurance field, the company and Ping An Property & Casualty signed an "Safety Insurance" solution agreement, laying a foundation for business expansion in the same industry. The projects that the company won in the fields of medical insurance technology, smart medical care, smart education, smart law, smart enterprise, etc. were successfully delivered. In addition, the company signed a cooperation agreement with Ping An Medical Group to realize the company's breakthrough in the field of medical insurance technology from 0 to 1.
The company helped the HSBC Group to respond to compliance requirements in China, complete the layout of the Greater Bay Area, and quickly respond to the needs and changes caused by the epidemic, and HSBC's business achieved contrarian growth. The company continues to assist the digital transformation of Hang Seng Bank, successfully launching the Hang Seng New Commercial Bank remote account opening project, which greatly shortens the account opening time for corporate customers; the company successfully launched the cash payout project, supporting the Hong Kong government’s "cash distribution plan", enabling mobile banking and online banking The coverage rate of other digital channels reaches 90%. The company maintains long-term cooperation with dozens of foreign bank customers in Europe, America, Japan, South Korea, Southeast Asia, Australia, etc., covering more than 90% of the domestic foreign customer market.
During the reporting period, with the two major growth drivers of government and corporate affairs and new business, the company's China Mobile business grew rapidly. In terms of government and corporate affairs, the company continues to expand its bid-winning shares in the China Mobile Cloud Competence Center, multiple industry research institutes, government and corporate branches, and the Internet of Things. The company has undertaken a number of projects including China Mobile's Industrial Internet, Safety Supervision Cloud, and Regional Industrial Cloud, and has established delivery capabilities in the industrial Internet field. In terms of new business, the company takes Migu as its core and continues to increase customer satisfaction and business share.
During the reporting period, the company's China Telecom business scale grew steadily, and the company's business share in Tianyi E-commerce, China Telecom Cloud Computing, China Telecom Electronic Channel Center, China Telecom Integration, and Gansu Wanwei continued to expand. In addition, the company's business with customers such as Fiberhome, TD Tech, Datang, etc. has grown steadily. A number of key customers have continued to maintain the No. 1 position in share, and completed the business layout of a number of important customers around the 5G equipment industry chain.
During the reporting period, the company continued to deepen the Internet industry, accelerate the penetration of Tencent, Ali, Baidu and other major customers, while maintaining its leading position, it continued to expand its customers from well-known Internet companies such as Bytedance, NetEase, Meituan, and JD. Business scenarios, accumulating excellent practices in digital operation services, committed to long-term ecological cooperation with customers, and promoting business upgrades and operating model changes for Internet companies During the reporting period, the company's Microsoft business grew steadily, and new opportunities for cooperation with Microsoft's gaming business and basic data business were expanded.
During the reporting period, the company made further breakthroughs in the field of smart terminals, and in-depth cooperation with companies such as Haier, HKUST iFLYTEK, OPPO, Xiaomi, and Wingtech. The company successfully became one of Haier’s top ten preferred suppliers and ranked second in the iFLYTEK supplier assessment. The company is also expanding into new business areas such as the Internet, COO system, and Andean system in OPPO, and its business scale has increased rapidly. Wingtech, a leading manufacturer customer, signed a strategic cooperation agreement.
During the reporting period, the company began to deploy its automotive business. The company and China FAW formally signed a strategic cooperation agreement. The two parties involved in digital transformation consulting, digital business scenario innovation, government-enterprise market product promotion cooperation, software engineering management system empowerment, human resource service guarantee, and cultivation of innovative composite models in the field of intelligent networked vehicles Six major areas including talents are engaged in strategic cooperation, and the software R&D business is carried out in cooperation with FAW Group subsidiaries such as FAW Hongqi, FAW-Volkswagen, FAW Jiefang, FAW Pentium, and FAW Holdings. In addition, the company has also successfully reached a cooperation with Qiming Information, a subsidiary of FAW Group, to provide industry-leading "software factory" management consulting services for FAW Group to help FAW Group realize the digitalization of R&D management.
Cloud gathers innovation and win-win future to create a second growth curve.
During the reporting period, the company firmly established its positioning of “cloud, manage cloud, and cloud native”, built a two-wheel-drive business form of “service + platform”, and was committed to becoming the top 1 cloud service provider in China. The company builds a triangle of cloud management, cloud professional services and cloud-native business, improves customer conversion rate, enhances customer stickiness, enables digital transformation of customers through cloud-native technology, and provides customers with one-stop "cloud" and "cloud" service.
The company has successfully obtained all cloud service related licenses. The self-developed "one-stop" cloud brokerage platform "Huaxia Cloud Network" (Cloud Broker platform) continues to iteratively upgrade. In addition to cloud resources, "Huaxia Cloud Network" also overlays its own cloud Manage services and solutions to effectively improve business development efficiency and customer satisfaction. In terms of overseas layout, the first overseas operator customer of the commercial ecological cloud platform was delivered and successfully accepted. In terms of industry customers, "Huaxia Cloud Network" provides cloud services for business systems of a number of domestic top three hospitals to escort the fight against the epidemic. During the reporting period, the company became the officially designated regional authorized service center of Tencent Cloud, and introduced the company's implementation service capabilities to Tencent Cloud Qianfan Zhongtai as a standard product. The company has been ranked TOP3 in IDC China's cloud management service market for two consecutive years, and its market share has continued to grow.
During the period, the company released the SaaS version of the "CloudEasy" cloud management platform, which supports cloud management, cloud operation, cloud operation and maintenance, cloud monitoring, cloud security and other functions, manages the multi-cloud environment with one click, and breaks through the leading customers in the automotive industry. The company uses self-developed automation tools to help customers in many industries such as communications, securities, banking, and insurance to achieve migration and transformation; the company's cloud-native services continue to expand domestic and overseas markets, and break through government, retail, transportation, energy and other industries.
The company's cloud products and cloud solution businesses have achieved rapid growth in many areas such as parks, finance, telecommunications, retail, transportation, and education. The company is the first Huawei partner to jointly develop 5G+ smart park service solutions. During the period, the company released smart park applications and completed multiple project deliveries across the country.
In the field of big data and artificial intelligence, the company introduces industry-leading architecture concepts such as DataOps and Data Hub, explores research and development upgrades, and is committed to realizing tool-based, automated, and intelligent digital transformation of government and enterprises. During the reporting period, the company broke through the digital consulting benchmark customers, completed the closed loop of digital transformation planning from consulting, implementation and construction to continuous operation, deepened the financial industry, and expanded its layout in strategic and emerging fields such as government affairs, real estate, railways, and environmental protection.
Jiefang has upgraded the software industry Internet platform to become a key force for regional integration and innovation.
During the reporting period, Jiefanghao made full efforts in the field of customized software, upgraded the software industry Internet platform, and iterated a series of touch products and services around vertical scenarios, and built a complete arrival chain through the efficient connection between platforms, products and services. Road and supply and demand services are closed loop.
During the reporting period, the platform accumulated 63,000 registered suppliers, with a demand amount of RMB 7.68 billion, and completed accurate portraits of 48,000 companies. The Jiefang government digitally builds the core product capabilities of smart series and digital series. The nationwide city station service covers 70 major cities, and a total of 23 city governments have signed platform strategic cooperation agreements. Jiefang Yunshang Software Park has newly expanded 4 parks, serving software parks in 17 cities in total. Jiefang's "Plan Z" upgrades its business and product service capabilities, accumulatively settled in more than 1,000 suppliers, and has issued a total of 600 million yuan in contracts. Jiefang has become the best assistant for digital government construction, regional digital economic development, and industrial digital transformation and upgrading in the post-epidemic era. It has promoted Kunpeng and other Huawei ecosystems to take root in various regions through ToG and ToB, and has become a co-construction of regional integration and innovation ecology. The key force.
In the post-epidemic era, challenges and opportunities coexist. Facing the tough year of 2021, the company will fully promote the Xibaipo spirit of “dare to fight and dare to win”, and go hand in hand with great standard bearers like Huawei on the long march of technological innovation. Quality, value, and meaningful business portfolio development formation, upgrade the cornerstone business with the software factory model, build a new growth curve around cloud intelligence and other businesses, and move vigorously towards the goal of "ChinaSoft International in the world"!
source
http://www.chinasofti.com/news/2163.htm
2021-03-30
ChinaSoft International Limited (SEHK: 00354) today announced its 2020 annual results.
In 2020, the company’s business will achieve growth against the trend, with revenue increasing by 17.1% year-on-year, cloud intelligence business revenue increasing by 63.1% year-on-year, profit attributable to the company’s owners increased by 26.5% year-on-year, and basic earnings per share increased by 23.3% year-on-year. Operating net cash increased by 56.0% year-on-year.
In 2020, in the face of complex internal and external environmental challenges, ChinaSoft International will seize the opportunity of digital transformation while driving the steady development of the company with IP and ecology. The company continues to rank TOP100 in Gartner's global IT service market share, and its revenue and profit have reached new highs. It strongly demonstrates the combat capability, service level and forge ahead of China's Digital Iron Army! The company has formulated a long-term development strategy for large customers, continued to consolidate the cornerstone business focusing on technical professional services and solutions, and is committed to productizing the cornerstone business, achieving high-quality expansion, and comprehensively expanding the company’s second growth curve. Cloud intelligent business, based on domestic, global layout, insist on "drawing a blueprint to the end".
Consolidate the cornerstone business and launch a software factory to build a long-term competitive advantage.
During the reporting period, the company integrated the professional service capabilities and management capabilities accumulated through long-term cooperation with major customers such as Huawei and HSBC, launched a software factory integrating consulting and diagnosis, process management, IT tools and delivery services, and comprehensively upgraded traditional IT services. Improve service quality and service value, open up market space with better quality and scale, and build long-term competitive advantage.
During the reporting period, the company's Huawei business continued to grow, and the company ranked first in the performance evaluation of Huawei's R&D outsourcing suppliers. It achieved absolute leadership in share, quality and efficiency, and made it a step closer to becoming a Huawei's strategic supplier. The company has established a variety of product cooperation models with Huawei around Kunpeng, Goss, WeLink, Smart Screen, etc., and successfully broke through and delivered multiple projects in key industries such as government, enterprise, finance, and manufacturing. The company became the first partner to sign the "HUAWEI HiLink Eco-Solution Service Cooperation Agreement" with Huawei, and won the HUAWEI HiLink "Excellent Partner Eco-Enable Service" award.
During the reporting period, corporate finance and banking business steadily improved, and 40 new customers including domestic and foreign banks, private banks, non-bank financial institutions, and overseas financial institutions were added. At the same time, the company continued to promote technological innovation to provide customers with technological empowerment and model innovation And business upgrades.
During the reporting period, the company's Ping An Department business grew rapidly, with full efforts in banking, OneConnect, and insurance, and newly opened up 9 Ping An Department customers. In the field of retail banking, the company builds a platform based on the client’s Open Bank’s goal of “opening up capabilities” and has access to hundreds of API interfaces, covering product capabilities such as accounts, wealth management, payment, and margin; the company fully promotes wisdom under the intelligent OMO service system Operation 3.0 construction helps Ping An to build a high-quality operation system. In the business area of ??OneConnect, the company has won the bid for multiple projects such as Wisdom Economics Division and Wisdom Decision Platform Phase II. In the insurance field, the company and Ping An Property & Casualty signed an "Safety Insurance" solution agreement, laying a foundation for business expansion in the same industry. The projects that the company won in the fields of medical insurance technology, smart medical care, smart education, smart law, smart enterprise, etc. were successfully delivered. In addition, the company signed a cooperation agreement with Ping An Medical Group to realize the company's breakthrough in the field of medical insurance technology from 0 to 1.
The company helped the HSBC Group to respond to compliance requirements in China, complete the layout of the Greater Bay Area, and quickly respond to the needs and changes caused by the epidemic, and HSBC's business achieved contrarian growth. The company continues to assist the digital transformation of Hang Seng Bank, successfully launching the Hang Seng New Commercial Bank remote account opening project, which greatly shortens the account opening time for corporate customers; the company successfully launched the cash payout project, supporting the Hong Kong government’s "cash distribution plan", enabling mobile banking and online banking The coverage rate of other digital channels reaches 90%. The company maintains long-term cooperation with dozens of foreign bank customers in Europe, America, Japan, South Korea, Southeast Asia, Australia, etc., covering more than 90% of the domestic foreign customer market.
During the reporting period, with the two major growth drivers of government and corporate affairs and new business, the company's China Mobile business grew rapidly. In terms of government and corporate affairs, the company continues to expand its bid-winning shares in the China Mobile Cloud Competence Center, multiple industry research institutes, government and corporate branches, and the Internet of Things. The company has undertaken a number of projects including China Mobile's Industrial Internet, Safety Supervision Cloud, and Regional Industrial Cloud, and has established delivery capabilities in the industrial Internet field. In terms of new business, the company takes Migu as its core and continues to increase customer satisfaction and business share.
During the reporting period, the company's China Telecom business scale grew steadily, and the company's business share in Tianyi E-commerce, China Telecom Cloud Computing, China Telecom Electronic Channel Center, China Telecom Integration, and Gansu Wanwei continued to expand. In addition, the company's business with customers such as Fiberhome, TD Tech, Datang, etc. has grown steadily. A number of key customers have continued to maintain the No. 1 position in share, and completed the business layout of a number of important customers around the 5G equipment industry chain.
During the reporting period, the company continued to deepen the Internet industry, accelerate the penetration of Tencent, Ali, Baidu and other major customers, while maintaining its leading position, it continued to expand its customers from well-known Internet companies such as Bytedance, NetEase, Meituan, and JD. Business scenarios, accumulating excellent practices in digital operation services, committed to long-term ecological cooperation with customers, and promoting business upgrades and operating model changes for Internet companies During the reporting period, the company's Microsoft business grew steadily, and new opportunities for cooperation with Microsoft's gaming business and basic data business were expanded.
During the reporting period, the company made further breakthroughs in the field of smart terminals, and in-depth cooperation with companies such as Haier, HKUST iFLYTEK, OPPO, Xiaomi, and Wingtech. The company successfully became one of Haier’s top ten preferred suppliers and ranked second in the iFLYTEK supplier assessment. The company is also expanding into new business areas such as the Internet, COO system, and Andean system in OPPO, and its business scale has increased rapidly. Wingtech, a leading manufacturer customer, signed a strategic cooperation agreement.
During the reporting period, the company began to deploy its automotive business. The company and China FAW formally signed a strategic cooperation agreement. The two parties involved in digital transformation consulting, digital business scenario innovation, government-enterprise market product promotion cooperation, software engineering management system empowerment, human resource service guarantee, and cultivation of innovative composite models in the field of intelligent networked vehicles Six major areas including talents are engaged in strategic cooperation, and the software R&D business is carried out in cooperation with FAW Group subsidiaries such as FAW Hongqi, FAW-Volkswagen, FAW Jiefang, FAW Pentium, and FAW Holdings. In addition, the company has also successfully reached a cooperation with Qiming Information, a subsidiary of FAW Group, to provide industry-leading "software factory" management consulting services for FAW Group to help FAW Group realize the digitalization of R&D management.
Cloud gathers innovation and win-win future to create a second growth curve.
During the reporting period, the company firmly established its positioning of “cloud, manage cloud, and cloud native”, built a two-wheel-drive business form of “service + platform”, and was committed to becoming the top 1 cloud service provider in China. The company builds a triangle of cloud management, cloud professional services and cloud-native business, improves customer conversion rate, enhances customer stickiness, enables digital transformation of customers through cloud-native technology, and provides customers with one-stop "cloud" and "cloud" service.
The company has successfully obtained all cloud service related licenses. The self-developed "one-stop" cloud brokerage platform "Huaxia Cloud Network" (Cloud Broker platform) continues to iteratively upgrade. In addition to cloud resources, "Huaxia Cloud Network" also overlays its own cloud Manage services and solutions to effectively improve business development efficiency and customer satisfaction. In terms of overseas layout, the first overseas operator customer of the commercial ecological cloud platform was delivered and successfully accepted. In terms of industry customers, "Huaxia Cloud Network" provides cloud services for business systems of a number of domestic top three hospitals to escort the fight against the epidemic. During the reporting period, the company became the officially designated regional authorized service center of Tencent Cloud, and introduced the company's implementation service capabilities to Tencent Cloud Qianfan Zhongtai as a standard product. The company has been ranked TOP3 in IDC China's cloud management service market for two consecutive years, and its market share has continued to grow.
During the period, the company released the SaaS version of the "CloudEasy" cloud management platform, which supports cloud management, cloud operation, cloud operation and maintenance, cloud monitoring, cloud security and other functions, manages the multi-cloud environment with one click, and breaks through the leading customers in the automotive industry. The company uses self-developed automation tools to help customers in many industries such as communications, securities, banking, and insurance to achieve migration and transformation; the company's cloud-native services continue to expand domestic and overseas markets, and break through government, retail, transportation, energy and other industries.
The company's cloud products and cloud solution businesses have achieved rapid growth in many areas such as parks, finance, telecommunications, retail, transportation, and education. The company is the first Huawei partner to jointly develop 5G+ smart park service solutions. During the period, the company released smart park applications and completed multiple project deliveries across the country.
In the field of big data and artificial intelligence, the company introduces industry-leading architecture concepts such as DataOps and Data Hub, explores research and development upgrades, and is committed to realizing tool-based, automated, and intelligent digital transformation of government and enterprises. During the reporting period, the company broke through the digital consulting benchmark customers, completed the closed loop of digital transformation planning from consulting, implementation and construction to continuous operation, deepened the financial industry, and expanded its layout in strategic and emerging fields such as government affairs, real estate, railways, and environmental protection.
Jiefang has upgraded the software industry Internet platform to become a key force for regional integration and innovation.
During the reporting period, Jiefanghao made full efforts in the field of customized software, upgraded the software industry Internet platform, and iterated a series of touch products and services around vertical scenarios, and built a complete arrival chain through the efficient connection between platforms, products and services. Road and supply and demand services are closed loop.
During the reporting period, the platform accumulated 63,000 registered suppliers, with a demand amount of RMB 7.68 billion, and completed accurate portraits of 48,000 companies. The Jiefang government digitally builds the core product capabilities of smart series and digital series. The nationwide city station service covers 70 major cities, and a total of 23 city governments have signed platform strategic cooperation agreements. Jiefang Yunshang Software Park has newly expanded 4 parks, serving software parks in 17 cities in total. Jiefang's "Plan Z" upgrades its business and product service capabilities, accumulatively settled in more than 1,000 suppliers, and has issued a total of 600 million yuan in contracts. Jiefang has become the best assistant for digital government construction, regional digital economic development, and industrial digital transformation and upgrading in the post-epidemic era. It has promoted Kunpeng and other Huawei ecosystems to take root in various regions through ToG and ToB, and has become a co-construction of regional integration and innovation ecology. The key force.
In the post-epidemic era, challenges and opportunities coexist. Facing the tough year of 2021, the company will fully promote the Xibaipo spirit of “dare to fight and dare to win”, and go hand in hand with great standard bearers like Huawei on the long march of technological innovation. Quality, value, and meaningful business portfolio development formation, upgrade the cornerstone business with the software factory model, build a new growth curve around cloud intelligence and other businesses, and move vigorously towards the goal of "ChinaSoft International in the world"!
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