Geovis Technology Co.Ltd(688568) : strong demand and sufficient orders, with a revenue of more than 1 billion yuan in 2021

On the evening of February 21, Geovis Technology Co.Ltd(688568) released the annual performance express of 2021. In 2021, the total operating revenue reached 1.044 billion yuan (unaudited data, the same below), exceeding 1 billion yuan for the first time, with a year-on-year increase of 48.57%; The net profit attributable to the parent company was 220 million yuan, a year-on-year increase of 49.06%, and the net profit deducted was 150 million yuan, a year-on-year increase of 21.93%. At the end of the reporting period, the total assets of the company reached 2.367 billion yuan, an increase of 40.10% over the beginning of the period.

Geovis Technology Co.Ltd(688568) said that in 2021, the company’s sales market was good, with strong demand, sufficient orders, rapid expansion of business scale and continuous growth of operating revenue; At the same time, the company continues to enrich and expand the application fields of digital earth products, continuously improve the core competitiveness of products, and promote the rapid development of its main business.

According to public data, Geovis Technology Co.Ltd(688568) is the first enterprise in China to engage in the R & D and industrialization of digital earth products, and it is also the first stock in the digital earth industry. Since its listing, Geovis Technology Co.Ltd(688568) has taken advantage of the capital market, continued to focus on the research and development of core technologies, expanded the field of digital earth application services, and realized the rapid growth and sustainable development of the company.

Over the past year, Geovis Technology Co.Ltd(688568) continued to make efforts in the civil market, pushing the company into the fast lane of high-quality development. On the one hand, the company has set up several subsidiaries to enable them to develop rapidly at different tracks, combine the digital earth with advantageous resources in the civil industry, and gradually build a digital earth ecology; On the other hand, the company chooses key regions for layout based on factors such as talent and resource advantages. In November 2021, Hefei Municipal People’s government signed a strategic cooperation agreement with Geovis Technology Co.Ltd(688568) with the Institute of Aerospace Information Innovation of the Chinese Academy of Sciences and the Management Committee of Hefei high tech Industrial Development Zone. Geovis Technology Co.Ltd(688568) the “geovis digital earth global headquarters project” will be arranged and constructed in Hefei high tech Zone to develop the internationally leading geovis digital earth series products and build the global operation headquarters, improve the intelligent acquisition and processing capacity of satellite data, create satellite application scenarios, and provide high-quality digital earth online services and experiences for global users.

In 2022, Geovis Technology Co.Ltd(688568) also moves frequently. In early January, Geovis Technology Co.Ltd(688568) holding subsidiary Xingtu wisdom released three civil market products, namely geovis Jiangsu Nonghua Intelligent Agriculture Technology Co.Ltd(000816) management product (geovis smart agro), geovis smart emergency management product (geovis smart emer) and geovis Low Altitude Navigation smart management product (geovis smart ATS).

It is reported that Xingtu wisdom is the industrialization landing project of “aerospace big data platform”, a major special project of Hongguang, Chinese Academy of Sciences. It is a science and technology enterprise jointly invested and established by Geovis Technology Co.Ltd(688568) and Shandong Institute of industrial technology. Star chart wisdom is an important foothold of the company’s collectivization and ecological strategy, which is of great significance for Geovis Technology Co.Ltd(688568) vigorously expanding the civil market.

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