Company code: Pci Technology Group Co.Ltd(600728) company abbreviation: Pci Technology Group Co.Ltd(600728) Pci Technology Group Co.Ltd(600728)
Summary of annual report 2021
Section I important tips
1 the summary of this annual report comes from the full text of the annual report. In order to fully understand the company’s operating results, financial status and future development plan, investors should go to www.sse.com com. cn. The website carefully reads the full text of the annual report. 2. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and completeness of the contents of the annual report, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 3. Directors not present
Position of director not present name of director not present reason for director not present name of principal
Reasons for travel restrictions of director guqingyang Liu Jia
The audit report of the general accounting firm (Tianzhi) issued a special opinion for the general accounting firm. 5. The profit distribution plan or the plan of converting accumulation fund into share capital in the reporting period adopted by the resolution of the board of directors
The company plans to distribute a cash dividend of 0.185 yuan (including tax) for every 10 shares based on the total share capital registered on the equity distribution registration date minus the balance of shares in the company’s special repurchase account. No bonus shares will be given and no accumulation fund will be converted into share capital. As of March 17, 2022, the total share capital of the company is 1758229097 shares. After deducting 6654444 shares in the company’s special repurchase account, the number of shares to be distributed is 1751574653 shares. Based on this calculation, the total cash dividend to be distributed is 3240413108 yuan (including tax).
The above profit distribution plan needs to be submitted to the company’s 2021 annual general meeting for deliberation.
Section II basic information of the company
1 company profile
Company stock profile
Stock type stock exchange stock abbreviation stock abbreviation before stock code change
A-share Shanghai Stock Exchange Pci Technology Group Co.Ltd(600728) Pci Technology Group Co.Ltd(600728) Jiadu Xintai
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Xu Wei, Wang Wenjie
Office address: No. 2, xincen 4th Road, Tianhe District, Guangzhou
Tel: 0208555026 Zhejiang Wanfeng Auto Wheel Co.Ltd(002085) 550260
E-mail [email protected]. [email protected].
2. Introduction to the company’s main business in the reporting period
Pci Technology Group Co.Ltd(600728) with the mission of “city wisdom becomes better”, Pci Technology Group Co.Ltd(600728) has long been committed to using the power of science and technology to bring a better life to the city. The company adheres to the continuous investment and product application in the field of artificial intelligence and digital twin, and faces the digital construction required by the construction of new urban digital infrastructure. In addition, ICT products and services, which meet the needs of enterprise digital upgrading, are an important part of the company’s revenue. Under the environment of sustainable development of digital economy, they will still maintain long-term and steady development.
(I) industry of the company during the reporting period
The 14th five year plan puts the digital economy in an extremely important strategic position. By 2025, the proportion of the added value of the core industries of the digital economy in GDP will be increased from 7.8% in the initial stage of the plan to 10%, releasing trillions of incremental market space. The subdivided fields such as digital infrastructure, industrial digitization and public service digitization mentioned in the plan are expected to usher in sustained high growth. In this context, the company’s artificial intelligence and digital twin technology track, as well as the digital space of rail transit, urban transportation and urban safety emergency scenes, have a promising prospect.
1. The artificial intelligence software market continued to grow rapidly, and the industry penetration rate increased steadily. According to agency statistics, during the 14th Five Year Plan period, China’s artificial intelligence software market will grow from 29.5 billion in 2020 to 167.1 billion in 2025, with a compound growth rate of 41.5%; Among them, the company’s computer vision software market for urban management is expected to be 12.9 billion yuan in 2021 and 36.6 billion yuan by 2025, with a compound growth rate of 43.5% in recent five years, still maintaining a strong growth trend. With the improvement of industry consensus and the decline of algorithm and hardware costs, computer vision technology is accelerating its penetration from security and traffic scenes to “medium and long tail markets” such as emergency, construction, industrial manufacturing and catering consumption, and has gradually become an important infrastructure for the digital transformation of various industries.
2. “Meta universe” is expected to become the construction direction of the next stage of smart city. Digital twinning is the key technology to build the meta universe world. From digital city, smart city to “meta universe city”, digital twin technology is being introduced from aerospace and industrial fields to urban governance. Through the digitization and virtualization of all urban elements, as well as the real-time and visualization of the whole state, it can more effectively assist urban planning and the operation and maintenance of public facilities and improve the interaction efficiency of public services. Digital twinning and simulation technology collects and superimposes dynamic operation data through three-dimensional modeling of scene elements such as buildings, roads, equipment and vehicles, combined with artificial intelligence and Internet of things technology, accurately restores the operation state of various scenes in the city, and realizes the all-round connection and high coordination between virtual and reality. Citizens, enterprises and urban managers can participate in the virtual and real interaction and interactive feedback of the city through multiple levels, So as to realize the perfection and adaptive optimization of the system. At present, the “digital twin city” has been written into the outline of the national 14th five year plan. According to the agency’s prediction, the global digital twin market will grow tenfold in the next five years, from US $3.8 billion to US $35.8 billion, with a compound growth rate of 56.6%.
3. Intercity rail transit has become a hot spot in the construction of the 14th five year plan, and digitization has become the main starting point for the sustainable development of urban rail transit. With the rapid development of urban agglomerations and metropolitan areas, from 2020 to 2021, the national development and Reform Commission successively approved the regional rail transit construction plans of Guangdong, Hong Kong, Macao and bay area, Yangtze River Delta and Chengdu Chongqing economic circle. Hunan, Fujian and other places also launched local intercity rail transit construction plans, bringing new markets with an investment of more than 100 billion. Intercity rail transit ushered in a period of rapid development.
In 2021, 59 new urban rail transit lines, 514 stations and an investment of 811739 billion yuan will be built in China; 224 lines and 2758 stations are under construction, with an investment of 3.59 trillion yuan. It is expected that the construction market will maintain a high outlook during the 14th Five Year Plan period. During the reporting period, the intellectualization of urban rail transit was further promoted. Driven by the two major needs of sustainable development and “carbon peaking and carbon neutralization”, it has become the consensus of major subway companies to reduce power and energy consumption and reduce repeated labor through digital means. Innovative applications based on artificial intelligence and digital twins have been implemented in large cities such as Guangzhou, Shanghai and Beijing, including senseless payment, self-service customer service, remote operation and maintenance Practical technologies such as energy-saving regulation and control will become the digital hotspot of rail transit in the future.
4. The traffic brain has become the “standard configuration” of digital traffic construction in the “14th five year plan” and is expected to become the digital base of “Twin Cities”. In December 2021, the Ministry of transport issued the “14th five year plan” for the development of digital transportation, which pointed out that it is necessary to build a development pattern of “one brain, five networks and two systems”, in which “one brain” refers to building a comprehensive transportation “data brain”, strengthening the integration, sharing, comprehensive development and intelligent application of transportation data resources, providing planning guidance for the popularization and application of transportation brain in the country, It also opens up market space for the company’s “IDPs urban traffic brain” product line. According to the prediction of the agency, the overall market scale of intelligent transportation will be about 19.0 billion in 2021 and is expected to grow to 372.6 billion by 2025, with a compound annual growth rate of about 17%, still maintaining a rapid growth trend. In practice, as the data center of urban road network, infrastructure, vehicles and travel, the traffic brain is expected to become the digital base of the “twin city” in the future. By superimposing information such as underground pipe gallery, road administration facilities, telecommunications grid and climate environment, it can realize 1:1 mapping simulation of real cities, so as to provide a more scientific and accurate digital tool for fine urban governance.
5. The security and emergency markets are steadily rising, and structural opportunities emerge one after another. The security industry is stepping into the stock market, with increasingly fierce market competition and increasing concentration. The focus of competition has shifted from “quantity” to “quality”, and the market segment still has incremental space. mechanism
It is predicted that the market scale of “Ai + security” software and hardware will be about 54.2 billion yuan in 2021, with a year-on-year increase of 19.5%. It is expected to reach 91.3 billion yuan by 2025. Manufacturers with AI landing ability and excellent cost control ability will gain greater leading advantages. In the smart emergency industry, with the phased adjustment of the emergency management department, the construction of emergency digitization in the fields of public health, energy and chemical industry is accelerating, and new demands for emergency command system, work safety monitoring system and smart emergency data governance are emerging. It is expected that the “14th five year plan” period will bring more than 500 billion incremental market.
(II) business of the company during the reporting period
1. Industry intelligent products and operation services
Pci Technology Group Co.Ltd(600728) based on the self-developed artificial intelligence and digital twin technology, build three technical engines of visual algorithm middle stage, data middle stage and digital twin middle stage and public development platform. Combined with the digital intelligence upgrading needs of various urban scenes, it forms three main product lines: smart rail transit, smart urban transportation, urban safety and emergency. The product forms cover all kinds of digital platform software and intelligent terminals. During the reporting period, the industry’s intelligent products and operation services business realized a revenue of 526 million yuan, a year-on-year increase of 30.65% and a gross profit margin of 63.14%.
Smart rail transit product line: it mainly covers the two product series of “Huajia MOS Metro smart brain” and “smart station”. “Huajia MOS Metro smart brain” is a new line network level operation platform developed under the background of digital, cloud and intelligent rail transit. During the reporting period, the R & D team focused on applying digital twin technology to the line network emergency command scene, and further combined 5g, IOT, RFID, artificial intelligence, video structured analysis technology to realize multi-source information display and analysis ability, Build an industrial level “cloud, edge and end” equipment control and collaboration mechanism. “Smart station” applies AI technologies such as face recognition, speech recognition and natural language processing to intelligently upgrade AFC, PSD, ISCS and other equipment in subway stations, forming station management systems and equipment terminals such as senseless payment, interactive ticket purchase and intelligent security inspection. During the reporting period, the R & D team focused on the application of three-dimensional modeling, VR and AR technologies to build twin stations, developed new products such as “immersive” operation and maintenance, environmental control and energy conservation, and applied 3D structured light visual recognition technology in subway stations for the first time, greatly improving the accuracy of face recognition algorithms in tens of millions of scale. At present, “Huajia MOS Metro smart brain” and “smart station” have been fully applied in Guangzhou metro line 18.
Smart city traffic product line: the company’s “IDPs urban traffic brain” digital platform is a new generation of artificial intelligence system and traffic big data system for urban traffic management and vehicle road coordination. At present, it has been applied in Shanghai, Guangzhou, Hefei, Xuancheng, Suqian and other places. “IDPs urban traffic brain” is a real traffic digital twin and real-time simulation system. Through high-density bayonets, it can identify the whole area, full volume and full-time traffic information in real time, and simulate and predict the whole city’s vehicles and traffic flow in real time based on the company’s unique computable road network technology and individual behavior computing technology, so as to realize the integrated management of “real virtual world interaction”.
Urban safety and emergency product line: Based on computer vision and video big data technology, aiming at the security needs of public security prevention and control, case investigation, community management, emergency (dangerous chemicals) management, entrance and exit management, develop and form a video cloud big data platform and multi-dimensional information
Industrial digital platforms such as information access platform, “honeycomb” population refinement management platform, “mirror” involved clue management system, “shadow seeking” video target fast tracking system, “Mingyi” ar three-dimensional real scene fusion technology platform, dangerous chemicals dynamic risk monitoring and early warning platform, as well as “A.I. family” series face recognition terminals, face recognition gates, face recognition modules, AR vehicles, panoramic reconstruction system Smart street lamps and other smart IOT terminals. During the reporting period, the R & D team mainly used digital twin technology to upgrade the above products to form the ability of rapid 3D modeling and video data fusion of buildings, parks, communities and roads, so that users can obtain Beijing Vastdata Technology Co.Ltd(603138) information with more direct and accurate interaction, and preliminarily use AR technology to realize task collaboration and visual operation and maintenance. During the reporting period, the above products were mainly used in large energy and chemical parks, financial banks and a large public health institution.
2. Industry intelligence solutions
During the reporting period, the company’s industrial intelligent solutions business realized a revenue of 2.843 billion yuan, a year-on-year increase of 82.92% and a gross profit margin of 18.48%. During the reporting period, the intelligent project of Changsha line 6 and the 13th five year plan project of Guangzhou Metro (line 18) were successfully delivered, and the implementation of various new products achieved the expected results, effectively ensuring the rapid growth of solution business income; In terms of newly signed business, the company gives full play to the advantages of strong AI technology landing ability, complete product system and rich experience in overall intelligent design and delivery. After Guangzhou and Changsha, the company promotes the general integration project of intelligent rail transit in key cities; The company has made great achievements in Foshan, Wuhan, Shenzhen, Shaoxing, Beijing, Hefei, Wenzhou and other places
