On March 22, Trs Information Technology Co.Ltd(300229) ( Trs Information Technology Co.Ltd(300229) ) released the annual report of 2021. In 2021, the company achieved a total revenue of 1.029 billion yuan, a year-on-year decrease of 21.44%. Since the revenue in 2021 no longer includes the supporting commercial real estate projects of Chengdu subsidiary in 2020 and the Internet marketing revenue of the original holding subsidiary Netcom, the company’s main business revenue actually increased by 31.83% over the same period last year. The net profit was 246 million yuan, an increase of 33.28% year-on-year after excluding the above effects.
Trs Information Technology Co.Ltd(300229) main businesses include artificial intelligence products and services, big data products and services and data security products and services. Cloud and data services are the key direction of business transformation and upgrading, and SaaS of products and services is the key direction of business model innovation.
During the reporting period, the company’s “several companies – information big data platform”, “several stars – intelligent risk control platform”, “financial risk monitoring platform”, “online survey – public opinion big data analysis platform” and “open source intelligence analysis platform” have all realized full SaaS. New customers include Ping An Bank Co.Ltd(000001) , Agricultural Bank Of China Limited(601288) , SAIC General Motors, China Southern Power Grid and other industry leaders. The company’s revenue from cloud and data services continued to expand, accounting for 36.84% of its revenue during the reporting period.
The annual report shows that the company’s technology products and services have many application scenarios, with more than 8000 enterprise customers, covering government, finance, energy, media and other fields. They are all industry leaders, such as the general office of the CPC Central Committee, the general office of the State Council, the National Development and Reform Commission, the State Administration of market supervision, the State Intellectual Property Office, credit China, the General Administration of customs, China Southern Power Grid, the State Development Bank, Bank Of China Limited(601988) Ping An Group, people’s daily, Xinhua news agency, science and technology daily, etc.
Among them, the company’s “products + cloud services + Solutions” in the field of digital government and public services have covered 80% of central and State Council institutions, 60% of provincial governments and 50% of prefecture and municipal governments. The company’s financial media industry service with content intelligence as the core has covered 72% of central media, 61% of provincial media and 40% of industrial media institutional users.
According to the requirements of the national strategy, we must ensure that information security and core technology industries are independently controllable. Many products and services in the future will be based on independently controllable technologies and standards Trs Information Technology Co.Ltd(300229) said in the annual report that the company is one of the earliest enterprises engaged in natural language processing (NLP) R & D in China, and has independent and controllable underlying technologies in NLP, knowledge atlas, OCR, image and video structuring, big data management and so on.
It is understood that many enterprises and institutions in China have started the domestic substitution of full-text search databases Trs Information Technology Co.Ltd(300229) deputy general manager Wang Ding said that unlike most Chinese companies generally provide full-text retrieval and other technical services based on American elasticsearch and other open-source software, and may face the risk of prohibition in case of trade disputes, the company has established self-developed base technology in all links of the relevant complete chain, and has the ability of self-developed whole industry chain in the field of natural language processing.
