Shangtang Group Co., Ltd. announced its audited annual results as of December 31, 2021 on March 25.
In 2021, thanks to China’s vigorous promotion of scientific and technological innovation and the acceleration of digital infrastructure construction, Shangtang group achieved accelerated growth of annual performance.
Among them, the growth of revenue accelerated, with a year-on-year increase of 36.4% to 4.7 billion yuan (RMB, the same below), and the gross profit margin reached 69.7%. The net cash is 21.45 billion yuan; The adjusted net loss was 1.42 billion yuan. R & D expenditure was 3.06 billion yuan, accounting for 65.1% of revenue; In 2021, the number of R & D personnel will increase by 1500 to 4200, accounting for 70% of the total number of employees; By the end of 2021, it had 11494 global patent assets, an increase of 96% compared with the end of 2020, of which 78% were invention patents. According to the market reports of IDC and Sullivan, Shangtang group has ranked first in China’s computer vision application market share for three consecutive years.
Co founder of Shangtang group Xu Li, executive chairman and CEO of the board of directors, said: “2021 is the most important year since our founding. Our business has recorded accelerated growth, and our R & D has achieved a series of major breakthroughs, laying a solid foundation for future development. We have always firmly believed that China’s technological innovation and huge market will support the birth of more world-class technology companies. We also firmly believe that the advanced productivity represented by AI will help mankind have a better life. Looking forward to the future, we are confident in China’s digital economy The development of the economy is full of confidence and expectation, and is confident to maintain long-term competitive advantage. Adhering to the mission of “adhering to originality and letting AI lead human progress”, we will continue to promote the development of Pratt Whitney artificial intelligence, empower more industries and benefit the society. “
forward looking to build a general AI infrastructure sensecore
According to Shangtang group, sensecore artificial intelligence infrastructure can realize batch algorithm model production, deployment and iterative upgrading, greatly reduce the production cost of artificial intelligence, and the output AI computing power is the world’s leading. By the end of 2021, the total computing power of 23 supercomputing clusters put into use was 117 billion floating-point calculations per second (117 exaflops). The group produced more than 34000 commercial models through sensecore, an increase of 152% compared with the end of 2020. Driven by the improvement of R & D human efficiency year by year, the average annual number of commercial models produced by R & D personnel in 2021 increased by 72% and 13 times respectively compared with 2020 and 2019.
accelerate the commercialization of artificial intelligence technology, and the four sectors maintain the leading position in the industry
In 2021, with the promotion and construction of urban governance systems such as the modernization of urban governance, the group helped the digitization and intellectualization of cities, further improved market penetration, and became the first choice for the digital upgrading of many cities. The number of cities served increased significantly in 2021. A total of 140 cities have deployed Shangtang City Ark products, an increase of 49% compared with the end of 2020, including 15 large cities with a population of more than 10 million, such as Shanghai and Shenzhen. The group ranks first in the market share of computer vision software in China’s smart city.
Shangtang group mentioned that digital transformation has become the focus of continuous investment of many enterprises. The enterprise ark platform has helped many enterprises in their digital transformation. The number of customers has continued to expand to 922, including more than 200 customers of Fortune 500 enterprises and listed companies. The average income of a single customer has increased by 21.3%. The group ranks first in the market share of enterprise computer vision software in China.
Relying on the broad market prospects generated by the transformation of the intelligent vehicle industry, Shangtang group launched the “jueying” intelligent vehicle platform to promote the commercialization of the whole line of products in intelligent driving, intelligent cockpit, vehicle road coordination, L4 driverless and driverless minibus, enabling the intelligent upgrading strategy of Chinese foreign vehicle enterprises and customers and people’s intelligent travel needs. In 2021, the number of customers of newly signed cooperative car enterprises will exceed 30, and Chinese mainstream car enterprises and some overseas car enterprises will become cooperative customers; The cumulative number of front installation points of intelligent driving and intelligent cockpit products has reached 23 million, covering more than 60 models produced in mass in the next five years.
In addition, Shangtang group cooperates with the world’s leading semiconductor companies to develop and deliver four AI sensors by the end of 2021 to achieve a breakthrough of 0 to 1, which can significantly improve the image quality of mobile phone photography, process photos and videos taken by mobile phones with lower power consumption and stronger privacy protection, and successfully land on the head mobile phone manufacturers. Sensemars meta universe enabling platform supports more than 200 mobile applications and mobile games, enabling more than 60 large shopping malls, museums and airports.
continue to increase investment in sensecore
In 2022, Shangtang group will continue its consistent strategy, continuously increase its investment in sensecore, effectively transform Beijing Vastdata Technology Co.Ltd(603138) into the most advanced artificial intelligence model in various industries, continuously optimize production and operation costs and improve commercialization efficiency. AI’s market penetration is still in its early stage, and most cities, enterprises, automobiles and other IOT devices are still blank for AI penetration.
Shangtang group said that in 2022, it will further open sensecore’s capabilities to the market by providing ai-as-a-service, that is, intelligent computing service. The comprehensive digitization of cities and enterprises, as well as the production and application of meta universe and driverless technology, have a huge market demand for artificial intelligence computing services.
In January, the new generation Artificial Intelligence Computing Center (AIDC) with forward-looking layout of the group was officially completed and put into operation in Shanghai Lingang Holdings Co.Ltd(600848) with a design peak computing power of 3.74 exaflops. It is one of the largest AI supercomputers in the world and has been awarded the title of “Shanghai Artificial Intelligence Integration and empowerment center” by Shanghai Municipal Commission of economy and information technology. It will open to the outside world, provide intelligent computing services for industry, scientific research and urban management, comprehensively improve AI productivity and accelerate the digital transformation of the whole industry.
In addition, Shangtang group completed the upgrading of its organizational structure in the first quarter, established a smart car business group and made greater efforts to develop the smart car business. The group has also established a digital space business group, which fully integrates the advantages of AI perception, AR and MR technology, computing power and customer ecology. It is committed to building a meta universe enabling platform and providing a variety of key technology engines to enable various industries to jointly build digital space.
