Digital China Information Service Company Ltd(000555) : the net profit deducted from non parent company in 2021 increased by 46.14% year-on-year

On the evening of March 30, Digital China Information Service Company Ltd(000555) released the annual report of 2021. During the reporting period, the company achieved a total operating revenue of 11.356 billion yuan, a year-on-year increase of 6.27%; The net profit deducted from non parent company was 315 million yuan, with a year-on-year increase of 46.14%. The net operating cash flow of the company was 372 million yuan, a year-on-year increase of 15.45%. In 2021, Digital China Information Service Company Ltd(000555) annual R & D investment exceeded 625 million yuan, an increase of 13.69% over the previous year.

During the reporting period, the signing amount of the company’s financial technology sector reached a new high, reaching 5.925 billion yuan, a year-on-year increase of 10.4%. The revenue of the financial industry was 5.022 billion yuan, a year-on-year increase of 18.35%; The revenue from financial software development and technical services was 2.52 billion yuan, a year-on-year increase of 26.7%. There are 11 customers with a contract amount of more than 50 million yuan. During the reporting period, the company had sufficient orders for financial software development and technical services.

In terms of financial credit innovation business, during the reporting period, the company achieved a contract amount of 840 million yuan, and added more than 20 benchmark cases of financial credit innovation such as policy banks, large state-owned banks and joint-stock banks. In terms of Xinchuang ecology, it adapts to the full stack core applications of five independent innovation product ecological clusters such as Huawei, Tencent cloud, Feiteng, Zhaoxin and Alibaba.

During the reporting period, the company continued to expand the regional market by virtue of the distributed core, winning the bid and signing the core system construction projects of 13 banks, including Guangfa bank, Bank Of Beijing Co.Ltd(601169) , Bank of Jilin, Bank of Tianjin, Liaoshen bank and Huaxing bank; Distributed technology platform Sm@rtGalaxy China Development Bank, Guangdong Development Bank and other enterprises have further participated in the project; 15 new customers of enterprise level micro service platform and enterprise level service bus (ESB) and 11 micro service upgrades of old customers.

Digital China Information Service Company Ltd(000555) focus on “agriculture, rural areas and farmers”, “small, medium and micro enterprises”, “digital RMB” and other scenarios to innovate financial services, make substantial progress and achieve scale growth. During the reporting period, the bank agriculture direct link business signed 282 million yuan, a year-on-year increase of 46.39%; The signing of “Three Rural big data” reached 64.02 million yuan. By the end of the reporting period, Digital China Information Service Company Ltd(000555) has built a total of 23 agricultural single product big data platforms, including 8 National single product big data platforms and 15 regional single product big data platforms, and built a digital ecosystem of the whole industry chain of single products from the dimensions of management decision-making, scientific production, digital services, brand marketing and so on.

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