Rapid growth of new business Suzhou Tztek Technology Co.Ltd(688003) net profit in 2021 increased by 26.06% year-on-year

On February 15, Suzhou Tztek Technology Co.Ltd(688003) (688003. SH) disclosed the performance express of 2021. In 2021, the company achieved a revenue of 1.264 billion yuan, a year-on-year increase of 31.14%; The net profit attributable to the parent company was 135 million yuan, a year-on-year increase of 26.06%; The non net profit deducted was 98.0527 million yuan, a year-on-year increase of 17.84%, and the overall business operation was good.

Suzhou Tztek Technology Co.Ltd(688003) since landing on the science and innovation board in July 2019, it has continuously promoted the optimization of business structure and achieved initial results. Thanks to the continuous promotion of the company’s unified industrial AI capability platform, its strong business support ability has initially appeared, and new businesses have achieved rapid growth.

Specifically, according to the performance express, the company achieved a revenue of 635 million yuan in the consumer electronics industry in 2021, a year-on-year decrease of 25.57%; In the photovoltaic semiconductor industry, the revenue was 292 million yuan, a year-on-year increase of 467.93%; In the automotive industry, the revenue was 220 million yuan, a year-on-year increase of 422.67%. In addition, in the PCB industry, the company launched LDI laser direct imaging equipment at the end of 2020, with a revenue of 67.3875 million yuan in 2021; In the field of intelligent networking, the company’s AI edge computing equipment and vehicle road coordination scheme achieved an operating revenue of 49.6808 million yuan in 2021, a year-on-year increase of 330.87%.

Suzhou Tztek Technology Co.Ltd(688003) said that the progress made by the company in the above new business areas in 2021 increased the proportion of non consumer electronics business to 49.76%, reducing the company’s dependence on the consumer electronics industry and becoming an important growth point of the company’s future performance.

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