Telling Telecommunication Holding Co.Ltd(000829) released the 2021 annual performance express, which was strong, and the benefits of expanding new businesses were steadily improved

On April 13, Telling Telecommunication Holding Co.Ltd(000829) ( Telling Telecommunication Holding Co.Ltd(000829) . SZ, hereinafter referred to as ” Telling Telecommunication Holding Co.Ltd(000829) “) released the annual performance express of 2021. According to the announcement, the company achieved an operating revenue of 71 billion yuan in 2021, a year-on-year increase of 18.76%; The net profit attributable to shareholders of listed companies was 207 million yuan, a year-on-year increase of 11.14%.

The company said that in 2021, due to the continuous improvement of the sales capacity of mobile phone business, the sales performance of some agent brands increased steadily, and the steady expansion of the company’s new business model, the benefits of Telling Telecommunication Holding Co.Ltd(000829) main business increased, and the overall revenue and profitability increased compared with the same period last year.

At the same time, due to the year-on-year increase in net profit attributable to shareholders of listed companies and the year-on-year decrease in non recurring profit and loss, Telling Telecommunication Holding Co.Ltd(000829) 2021 net profit attributable to shareholders of listed companies after deducting non recurring profit and loss increased significantly compared with the same period last year, reaching 191 million yuan, a year-on-year increase of 239195%.

In 2021, Telling Telecommunication Holding Co.Ltd(000829) while focusing on its main business, it will continue to improve quality and efficiency. The company has doubled its operating revenue in six years, from 32.845 billion yuan in 2016 to 71 billion yuan in 2021, an increase of 115.86%. With sound operation ability, good profitability and continuous innovation ability, Telling Telecommunication Holding Co.Ltd(000829) has dominated the Fortune 500 list for years, ranking 190th in 2021.

Telling Telecommunication Holding Co.Ltd(000829) through the layout of distribution, retail, after-sales and other businesses, an efficient and mobile supply chain intelligent network integrating information flow, goods logistics, capital flow and data flow has been formed to realize the coordinated development of business in China and overseas.

In addition, relying on the strong channel resources of the main business and the experience of industrial integration accumulated for many years, Telling Telecommunication Holding Co.Ltd(000829) gradually extends to the upstream of the mobile phone industry chain. The company’s acquisition of 30% equity of Dongguan Weike was settled on February 8, 2022, and the subject was successfully increased by 150 million yuan on March 10, providing sufficient guarantee for the daily operation of Dongguan Weike.

The WIKO mobile phone brand of Dongguan Weike was established in 2011. After years of operation in Europe, Thailand, North America and other places, it has built a relatively mature sales channel and has a large brand awareness. The completion of the acquisition will also help Telling Telecommunication Holding Co.Ltd(000829) further improve its mobile phone industry chain, promote the development of the company’s business, improve quality and efficiency, increase the international layout and assist the continuous expansion of the company’s overseas business scale.

On the same day, Telling Telecommunication Holding Co.Ltd(000829) released the performance forecast for the first quarter of 2022. Among them, it is estimated that the net profit after deducting non-profit in the first quarter of 2022 will be 6.5-8.5 million yuan, with a year-on-year increase of 96.33% – 156.74%; It is estimated that the net profit attributable to the parent company is 8-10 million yuan, the operating income is 18.3-18.7 billion yuan, and the basic earnings per share is about 0.0078 yuan / share -0.0098 yuan / share.

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