On March 22, Trs Information Technology Co.Ltd(300229) (SZ), China’s leading artificial intelligence and big data listed enterprise, handed over a brilliant report card.
According to the annual report of 2021, Trs Information Technology Co.Ltd(300229) core business maintained rapid growth. The revenue from self-developed businesses such as artificial intelligence, big data and security products accounted for more than 80%, and the gross profit margin was more than 70%. On the other hand, the company seizes the development opportunities of intelligent virtual human, digital assets, East West computing, smart grid and so on, and actively expands the layout of new businesses, which is expected to bring new performance growth points to the company.
Trs Information Technology Co.Ltd(300229) ‘s development momentum stems from its industry-leading and independent and controllable technical strength, ranking the first echelon in China in the field of semantic intelligence. According to the annual report, its products and services have been widely used by more than 8000 enterprise users in China. Industry leaders such as Ping An Group, people’s daily and China Southern Power Grid are its stable customers. With the moat built by its technical advantages and customer stickiness, the steady development of the company in the future will be strongly supported.
core main business grew by more than 30%, exploring the second growth curve
In recent years, the digital wave has swept all walks of life, and the market demand for advanced digital technology products and services has increased greatly Trs Information Technology Co.Ltd(300229) as a leading provider of artificial intelligence, big data and data security products and services in China, it has also ushered in a golden period of development.
From the financial data, the core business revenue of Trs Information Technology Co.Ltd(300229) in 2021 reached a new high. Compared with the previous year after excluding the occasional real estate and Internet marketing business income, the total income of its core main business in the current period reached 1.029 billion yuan, a year-on-year increase of 31.83%; The net profit reached 246 million yuan, a year-on-year increase of 33.28%. In addition, Trs Information Technology Co.Ltd(300229) on hand orders have reached 527 million yuan, a year-on-year increase of 23.03%.
Artificial intelligence software products and services are one of the two carriages driving the growth of Trs Information Technology Co.Ltd(300229) business. The business achieved revenue of 181 million yuan in 2021, with a year-on-year increase of 51.95%. According to the annual report, although artificial intelligence technology has different commercialization stages in different fields, it plays an important role in industrial digital transformation and has strong market demand.
Cloud and data services are another vehicle driving Trs Information Technology Co.Ltd(300229) business growth. During the reporting period, Trs Information Technology Co.Ltd(300229) continuously promoted the upgrading of software products to the cloud platform service mode, and the scale of business revenue continued to expand. It signed new contracts with Ping An Bank Co.Ltd(000001) , China Agricultural Bank Of China Limited(601288) , SAIC GM, Weichai Power Co.Ltd(000338) and many other important enterprises and institutions. At present, the revenue of its cloud and data service business has reached 36.84%.
Scenes drive demand and demand drives industry. With the rising strategic position of digital economy, the company’s main business may “blossom and bear fruit” in more fields. For example, in the financial field, intelligent marketing, intelligent claim settlement, intelligent risk control, intelligent investment and research and other application scenarios can be derived through artificial intelligence technology. At present, it is in the stage of rapid industrial application; In the open source intelligence market, there is an urgent need to improve data processing capacity and efficiency with the help of artificial intelligence technology, and the industry is in the early stage of outbreak; In the process of building a “digital brain” by the government, big data and artificial intelligence technology are also core applications. It is worth mentioning that Trs Information Technology Co.Ltd(300229) has accumulated a large number of high-quality customer resources in the above fields.
In this regard, Trs Information Technology Co.Ltd(300229) said that it would give priority to the development of cloud and data intelligence services in 2022 and promote the comprehensive transformation of traditional software to SaaS (software as a service), DAAS (data as a service) and Kaas (knowledge as a service). At the same time, in terms of customer expansion, we will greatly expand the scale of users through the strategy of vertical to the end and horizontal to the edge. In this process, we will explore the new strategy of B2B2C and open up the second growth curve.
the proportion of R & D investment in building high-tech barriers rose to 20%
Technology is the biggest foundation for Trs Information Technology Co.Ltd(300229) development. In 2021, Trs Information Technology Co.Ltd(300229) and its products won more than 50 honorary awards, and its technical strength was at the leading level in the industry.
Among them, semantic intelligence is the main technical line of Trs Information Technology Co.Ltd(300229) . According to the annual report, semantic intelligence is in the upper part of the artificial intelligence pyramid, which belongs to the level of cognitive intelligence (language understanding, analysis and decision-making) after perceptual intelligence (speech recognition and image recognition). Among them, natural language processing (NLP) technology is called the Pearl on the crown of artificial intelligence.
Trs Information Technology Co.Ltd(300229) is one of the earliest enterprises engaged in the research and development of natural language processing (NLP) technology in China, and extends its technical ability to the sub fields of in-depth analysis and understanding of content such as knowledge atlas, OCR, image / video, etc.
What’s more rare is that Trs Information Technology Co.Ltd(300229) has adhered to independent research and development of core technologies for a long time. All products have independent intellectual property rights, and all products have been fully adapted to the mainstream manufacturers of Xinchuang. For example, most of the company’s search technologies adopt the open source software elastic search, but Trs Information Technology Co.Ltd(300229) Haibei big data management system is independently developed from the bottom, and has played a supporting role in large service platforms such as patent retrieval and enterprise credit query, effectively ensuring the security of the national information system.
In terms of technology, Trs Information Technology Co.Ltd(300229) continues to increase R & D investment to realize product technology upgrading and enhance product competitiveness. In 2021, Trs Information Technology Co.Ltd(300229) R & D investment was 210 million yuan, accounting for 20.30% of the operating revenue. Among them, 5 new patents and 55 software copyrights have been added, and more than 600 software copyrights have been obtained.
With leading technology and professional services, Trs Information Technology Co.Ltd(300229) has also formed a stable cooperative relationship with many industry leading customers. According to the annual report, Trs Information Technology Co.Ltd(300229) ‘s products and services have been widely used by more than 8000 institutional users in China, covering 80% of national ministries and commissions and 60% of provincial and municipal government organs, more than 300 traditional and new media institutions, as well as many financial, communication, energy, manufacturing and other enterprises and scientific research and education units.
Trs Information Technology Co.Ltd(300229) said that the company has rich industry accumulation and high customer stickiness. Its brand effect and rich cross industry customer resources can ensure the sustainable and steady development of the company’s business, and bring new growth opportunities to the company with the improvement of technological innovation and industry informatization.
leading technology blessing layout intelligent virtual human business
It is noteworthy that Trs Information Technology Co.Ltd(300229) said in the annual report that it would study the application of the next generation Internet (Web3.0), take “virtual human + scene” as the breakthrough, and accelerate the layout in the fields of “digital assets”, “virtual real symbiosis” and so on.
In recent years, with the rapid development of related technologies, the digital virtual human market has become hot rapidly. At the same time, in the context of the popularity of the concept of “meta universe”, digital virtual human is also one of the first scenes to land. According to the data of qubit deep industry report of virtual digital human, the market scale of virtual human is expected to reach about 270 billion yuan in 2030.
Many insiders said that how to make digital virtual human realize intelligent driving is the direction of industrial development Trs Information Technology Co.Ltd(300229) also believes that if virtual human has only appearance image and no intelligent driven soul, it will inevitably fall into the technical bottleneck of “it is easy to be a virtual human, it is difficult to raise a virtual human, and it is more difficult for a virtual human to play a role”. Trs Information Technology Co.Ltd(300229) ‘s semantic intelligence technology is one of the core technologies that endow digital virtual human with “soul” and enable digital virtual human to work instead of human.
In fact, Trs Information Technology Co.Ltd(300229) currently provides customers with a variety of products that have played the role of “intelligent virtual human” with professional knowledge. According to the annual report, it has developed scenes that can apply intelligent virtual human in various industries, including intelligent Q & A for government portals, intelligent risk control and intelligent customer service for the financial industry, as well as broadcast hosting and intelligent writing for the media. During the Winter Olympics, Trs Information Technology Co.Ltd(300229) launched the digital virtual human Xiaosi, which broadcast the hot spots of the Winter Olympics in real time, and cooperated with China sports daily.
In addition, in late February, Trs Information Technology Co.Ltd(300229) and Bluefocus Intelligent Communications Group Co.Ltd(300058) also signed the strategic cooperation framework agreement The technology of Trs Information Technology Co.Ltd(300229) and the operation capacity of Bluefocus Intelligent Communications Group Co.Ltd(300058) , the two sides can be described as strong cooperation in the business expansion of yuancosmic.
In addition to the intelligent virtual human business, Trs Information Technology Co.Ltd(300229) also seized the emerging hot spots such as digital assets, smart grid and open source intelligence, and launched the layout of data factor market business, energy big data intelligent business, open source intelligence and information innovation business. Based on Trs Information Technology Co.Ltd(300229) excellent technology and service capabilities, the above business innovation is expected to become a new cornerstone for the company’s business multiplication in the future.
