On January 28, Gosuncn Technology Group Co.Ltd(300098) (300098) released the performance forecast for 2021. It is estimated that the operating revenue for the whole year of 2021 will be 2.6-2.7 billion yuan, an increase of 11.78% - 16.07% over the same period of the previous year; It is estimated that the net profit attributable to the parent company in 2021 will be 50-63 million yuan, with a loss of 1.103 billion yuan in the same period of last year, which is also the first time that the net profit has turned from loss to profit in Gosuncn Technology Group Co.Ltd(300098) three years. During the reporting period, the net cash flow generated by the company's operating activities is expected to be 150 million yuan - 180 million yuan, which is significantly improved compared with the previous two years, with a year-on-year increase of - 202 million yuan.
The announcement shows that during the reporting period, with the improvement of the epidemic prevention and control situation, the company actively developed the business in the vertical application fields of the Internet of things such as the Internet of vehicles, rail transit and public security informatization. The Internet of vehicles business outside China has recovered greatly, and the overall revenue in 2021 increased compared with the same period last year. At the same time, the company strengthened cost control, continuously improved the supply chain management system, guaranteed the supply of core materials and maintained a stable gross profit level; The company promoted the expense control policy of improving quality and efficiency, focused on resource investment, and controlled the expenses during the reporting period.
Meanwhile, the company estimates that the impact of non recurring profit and loss on net profit in 2021 is about 125 million yuan, which is mainly due to the joint impact of the company's transfer of part of the equity of the original holding subsidiary star link Tiantong and the introduction of strategic investors by star link Tiantong on investment income and the receipt of government subsidies during the reporting period.
It is reported that Gosuncn Technology Group Co.Ltd(300098) has comprehensively laid out the Internet of vehicles and intelligent transportation business in the large transportation sector of the Internet of things in recent years. At present, intelligent transportation solutions have been widely used in Guangzhou, Shanghai, Shenzhen and other cities. The Internet of vehicles terminal products form a supply barrier for overseas operators, have been recognized by Chinese front-end vehicle manufacturers, and are committed to the global layout. Intelligent Internet connected products and solutions have been applied in the application demonstration of intelligent Internet connected vehicles, intelligent Internet connected vehicles and other projects in Guangdong, Henan, Jiangsu and other places, and deeply participated in the construction of Tianjin Xiqing national pilot area.
According to the third quarterly report of Gosuncn Technology Group Co.Ltd(300098) 2021, the company's overseas vehicle networking product revenue from January to September 2021 reached 114 million yuan, exceeding the company's annual overseas sales revenue in 2020, and the performance is recovering in an orderly manner.
According to the 2021 Internet of vehicles white paper of China Academy of communications and communications, China's Internet of vehicles industry has made positive progress in policy planning, standard system, technology research and development, application demonstration and infrastructure construction, and played a positive role in promoting the transformation and upgrading of traditional industries such as automobile and transportation, as well as promoting the Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) agglomeration of digital economy development. Entering the "14th five year plan", the Internet of vehicles with the largest flow in the Internet of things sector will enter a new era of application deployment. On February 24, 2021, the CPC Central Committee and the State Council issued the outline of the national comprehensive three-dimensional transportation network planning, which made arrangements for the actual shortcomings and development needs of China's transportation industry, and took the construction of intelligent connected vehicles and intelligent transportation infrastructure as key tasks for coordinated development.
According to the data, Gosuncn Technology Group Co.Ltd(300098) is the first enterprise in China to carry out the research and application of automobile electronic identification technology and participate in the formulation of national standards for automobile electronic identification in the whole process. At the end of 2020, Gosuncn Technology Group Co.Ltd(300098) won the bid for the 180 million yuan automobile electronic identification project, installed automobile electronic identification for all motor vehicles in a provincial capital city in Northwest China, and carried out applications in motor vehicle management and control, intelligent transportation, vehicle related convenience services, etc.
As the construction base of the pilot area of the Internet of vehicles, Guangzhou will take the electric bicycle registration and licensing policy as an opportunity, bind the registered vehicle and owner information with RFID electronic number sector, build an electronic fence on the main roads, and realize the accurate identification and tracing of traffic violations. The electronic license sector will fully enable many application scenarios such as vehicle management and services. Gosuncn Technology Group Co.Ltd(300098) said it would comply with the development trend of electronic vehicle related documents and promote the development of automobile electronic identification industry. In addition, Gosuncn Technology Group Co.Ltd(300098) also made some gains in the urban rail transit market and won the bid for the procurement project of police communication system equipment of Shenzhen Metro of 128 million yuan.
It is worth mentioning that, in synchronization with the performance improvement, Gosuncn Technology Group Co.Ltd(300098) the pledge liabilities of the controlling shareholders have also been significantly improved. According to the announcement disclosed by the company on January 27, Gosuncn Technology Group Co.Ltd(300098) actual controller and controlling shareholder Liu shuangguang lifted part of his pledge in Industrial And Commercial Bank Of China Limited(601398) Guangzhou Baiyun road sub branch in advance, and the pledge proportion decreased to 69.99%. At the same time, some pledged loans were repaid in advance. Up to now, the remaining outstanding pledge principal is 160 million yuan. The company said that the controlling shareholder's personal debt situation has been greatly improved, effectively reducing the debt risk. Guangzhou ICBC provides financing support to major shareholders of private enterprises through OTC stock pledge. The Pledged Shares are not set with warning line and disposal line, and the status of Gosuncn Technology Group Co.Ltd(300098) actual controller and controlling shareholder remains stable.
