Outstanding performance in the first year of listing Chengdu Zhimingda Electronics Co.Ltd(688636) 2021 double growth in revenue and net profit

On April 7, Chengdu Zhimingda Electronics Co.Ltd(688636) disclosed the annual report of 2021. Last year, the company achieved an operating revenue of 449 million yuan, a year-on-year increase of 38.43%; The net profit attributable to shareholders of listed companies was 112 million yuan, a year-on-year increase of 30.3% Chengdu Zhimingda Electronics Co.Ltd(688636) actively grasp the development opportunities of the industry and strengthen market development. During the reporting period, the newly signed orders increased year-on-year and the revenue scale continued to grow; In addition, the company has launched a stock incentive plan, which will bear a total of 26.16 million yuan of expenses arising from equity incentive in 2021. If the impact of share based payment expenses is excluded, the net profit attributable to shareholders of listed companies will be 134 million yuan in 2021.

Chengdu Zhimingda Electronics Co.Ltd(688636) mainly engaged in the R & D, production and sales of military embedded computers and other related businesses. It was launched on the science and innovation board in April 2021. The annual report shows that the company actively carries out localization pre research, laying a solid foundation for the controlled consistency of product technology and quality system, the stability of raw material supply chain in the whole life cycle of products, and the leading of national chemical products in China. The company has successfully realized the comprehensive independent control of components, raw materials, software operating system and other directions, and has realized batch application in multiple models of equipment.

From the perspective of main business, in 2021, airborne, missile borne, vehicle borne and shipborne products contributed 299 million yuan, 642592 million yuan, 424454 million yuan and 5.6508 million yuan to Chengdu Zhimingda Electronics Co.Ltd(688636) respectively. During the reporting period, the company's sales scale expanded, in which the operating revenue of missile borne products increased by 138.46% year-on-year and that of airborne products increased by 56.5% year-on-year.

It is worth mentioning that in 2021, Chengdu Zhimingda Electronics Co.Ltd(688636) company achieved rapid growth in the number of R & D personnel, laying a solid foundation for future product development and technological progress. By the end of 2021, the company had 34 patents and 161 software copyrights, covering multiple product directions such as communication exchange, signal acquisition, data storage and image processing.

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