While achieving performance growth in 2021, Thunder Software Technology Co.Ltd(300496) will increase R & D projects in fields such as code smart cars. On March 3, Thunder Software Technology Co.Ltd(300496) ( Thunder Software Technology Co.Ltd(300496) ) announced that it planned to raise no more than 3.1 billion yuan to invest in a series of software technology projects such as the research and development of vehicle operating system.
Specifically, 650 million yuan was invested in the R & D project of vehicle operating system, 1 billion yuan was invested in the R & D and industrialization project of edge computing station, 360 million yuan was invested in the R & D and industrialization project of extended reality (XR), 185 million yuan was invested in the R & D project of distributed computing network technology, and another 900 million yuan was used as supplementary working capital.
Thunder Software Technology Co.Ltd(300496) believes that the transformation of automotive electronic and electrical architecture highlights the demand for vehicle operating system, and the existing edge computing HPC system can not fully match the demand of intelligent vehicles; The background of investing in edge computing is that the number and scale of intelligent terminals continue to grow, and the model dominated by cloud computing is not enough to support the demand of edge side for high bandwidth, low delay, Dalian connection and so on.
In addition, the extended reality (XR) project mainly includes VR, AR, Mr and other video presentation and interaction modes. The company will define a new generation of extended reality XR computing platform scheme; Distributed computing power network is to meet the continuously improving computing power demand. The computing power network technology that cooperates and complements with the current cloud computing system came into being.
Thunder Software Technology Co.Ltd(300496) at the same time, the annual report of 2021 was disclosed, and the annual operating revenue was 4.127 billion yuan, a year-on-year increase of 57.04%; The net profit attributable to the parent company was 647 million yuan, a year-on-year increase of 45.96%. The company plans to distribute a cash dividend of 3.05 yuan for every 10 shares, with a total cash dividend of 130 million yuan, accounting for 20% of the annual net profit.
Intelligent operating system is the core business of Thunder Software Technology Co.Ltd(300496) . In the annual revenue of 2021, the revenue of software development, technical services, commodity sales and others accounted for 36.47%, 32.83% and 27.61% respectively. In 2021, the R & D investment of the company increased significantly to 826 million yuan, with a year-on-year increase of 72%, accounting for 20% of the revenue.
In the annual report, the company specifically mentioned that during the reporting period, the intelligent Internet connected vehicle business achieved an operating revenue of 1.224 billion yuan, a year-on-year increase of 58.91%. Among them, the income from software development and technical services is 1.082 billion yuan, and the income from software licensing is 142 million yuan.
It is worth mentioning that Thunder Software Technology Co.Ltd(300496) has been in frequent contact with the vehicle manufacturer recently, mainly focusing on the fields of automatic driving. Recently, Thunder Software Technology Co.Ltd(300496) and Anhui Jianghuai Automobile Group Corp.Ltd(600418) signed a cooperation agreement. The two sides will jointly establish a joint venture in Hefei, Anhui Province, with vehicle software, car cloud platform and automatic driving as the core. Not long ago, the company also said in the institutional research that Byd Company Limited(002594) visited the company and the two sides had an in-depth discussion on cockpit product development, automatic driving scheme and other directions.
Intelligence has become an important trend in the development of the automobile market this year, and core suppliers may benefit. Kaiyuan Securities said in the research report that at present, the penetration rate of cockpit domain and automatic driving domain is still relatively low. After the automobile enters the era of intelligent Internet connection, the intelligent cockpit has become a must for providing differentiated services. In the future, the penetration rate will accelerate and Thunder Software Technology Co.Ltd(300496) business volume is expected to continue to grow; In addition, with the trend of continuous integration of architecture and computing power, the company is ahead of the layout in terms of intelligent driving, which is expected to realize cross domain algorithm integration.
Thunder Software Technology Co.Ltd(300496) that night, it was also announced that Zou Pengcheng applied for resignation from the post of deputy general manager of the company for personal reasons and remained a director of the company and a member of the audit committee of the board of directors after his resignation.
