Beijing Vrv Software Corporation Limited(300352) 2022 first quarter revenue increased by 52.69% year on year

The listed company of network and information security disclosed on Beijing Vrv Software Corporation Limited(300352) 13 that the first quarterly report of 2022 showed that its operating revenue in the first quarter of 2022 was 130 million yuan, a year-on-year increase of 52.69%; The net profit attributable to the shareholders of the listed company was 2.4498 million yuan, turning losses into profits year-on-year; The net cash flow from operating activities was about 41.47 million yuan, up from – 161 million yuan in the same period last year.

Under the tide of digital transformation, it is on the agenda to prevent the leakage risk of office and realize efficient office while ensuring information security. According to iResearch’s 2021 Research Report on China’s integrated mobile office platform industry, driven by enterprise demand, epidemic and other factors, the integrated mobile office platform market continues to develop. The market scale is about 12.5 billion yuan in 2021 and is expected to exceed 20 billion yuan in 2023.

Beijing Vrv Software Corporation Limited(300352) said in the 2021 annual report disclosed on the 13th that as of 2021, Beijing Vrv Software Corporation Limited(300352) has achieved the first market share of terminal security management in China for 14 years, provided high-quality security products and scenario security solutions for industry customers, and is committed to becoming a comprehensive solution provider of Zhihui security in the 5g era.

In the field of mobile office, Beijing Vrv Software Corporation Limited(300352) has been laid out ahead of schedule. In 2016, it officially launched the secure communication platform source Doudou to the market, and released the source secret message secure instant messaging system and source secret message secure office system based on it in 2019. It is a high secure instant messaging system supporting privatization deployment.

It is reported that at present, the source secret letter has been applied to many national key projects and projects Beijing Vrv Software Corporation Limited(300352) said that in combination with market opportunities and favorable policies, Xinyuan confidential, as a strategic secure communication platform built by Beijing Vrv Software Corporation Limited(300352) will become an important new business growth point in Beijing Vrv Software Corporation Limited(300352) 2022 and the next five years.

The three-year action plan for high-quality development of the network security industry (20212023) (Draft for comments) issued by the Ministry of industry and information technology proposes that by 2023, the scale of the network security industry will exceed 250 billion yuan, the annual compound growth rate will exceed 15%, and the investment in network security in key industries such as telecommunications will account for no less than 10%. In this context, the demand of the network security industry is expected to be continuously released, and the certainty of industry growth will be further improved. It is reported that Beijing Vrv Software Corporation Limited(300352) has reached a cooperation with Kirin software in February 2022 to build a domestic information security ecosystem. So far, Beijing Vrv Software Corporation Limited(300352) has become a strategic partner with domestic operating systems Hongmeng, Kirin and Tongxin, covering basically all mainstream operating systems in China, which plays a positive role in promoting the company’s brand reputation and future development.

Xinchuang security is one of the core sectors of Beijing Vrv Software Corporation Limited(300352) business Beijing Vrv Software Corporation Limited(300352) actively expands the territory of information and innovation. Since 2021, it has cooperated with leading enterprises for many times and won the bid one after another. The service and ecological construction of Beijing Vrv Software Corporation Limited(300352) will enter a new stage. The analysis shows that this will lay a foundation for the future performance growth of Beijing Vrv Software Corporation Limited(300352) and is expected to boost the confidence of Beijing Vrv Software Corporation Limited(300352) capital market with the gradual promotion of various cooperation and bid winning.

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