Jiangsu Hagong Intelligent Robot Co.Ltd(000584) : the revenue increased by 6.46% year-on-year in 2021 Siasun Robot&Automation Co.Ltd(300024) ontology business achieved great growth

Jiangsu Hagong Intelligent Robot Co.Ltd(000584) 4 on the evening of April 14, the annual report of 2021 was released, and the company achieved an operating revenue of 1.722 billion yuan in 2021, with a year-on-year increase of 6.46%; The net profit loss attributable to the shareholders of the listed company was 588 million yuan, with a profit of 5.7049 million yuan in the same period of last year; The loss of basic earnings per share was 0.77 yuan.

As for the reason of performance loss, Jiangsu Hagong Intelligent Robot Co.Ltd(000584) said that it was mainly affected by the downturn of the automobile industry, and the decline of gross profit margin of Jiangsu Hagong Intelligent Robot Co.Ltd(000584) project had a great impact on the company’s performance. In addition, the operation and collection risks of some downstream customers led to a significant increase in the impairment of accounts receivable accrued during the reporting period.

According to the annual report, the Siasun Robot&Automation Co.Ltd(300024) ontology business of the company achieved significant growth year-on-year in 2021. The company’s subsidiary Hagong Hyundai achieved an annual operating revenue of 744446 million yuan, with a year-on-year increase of 182%. The business in five regions of East China, South China, southwest, North China and key customers achieved certain growth. It successfully cooperated directly with SAIC GM Wuling, an automotive customer with high standards for product stability, quality and service, and was highly recognized by customers.

At the same time, Hagong Hyundai expands new markets in the fields of machinery, industrial control and household appliances. In terms of models, it expands from the original basic models to sets of machines and other models to meet the needs of industrial Siasun Robot&Automation Co.Ltd(300024) customers. In addition, combined with the AI based 3D vision technology of Shengshi Weisheng, a Jiangsu Hagong Intelligent Robot Co.Ltd(000584) joint-stock company of Jiangsu Hagong Intelligent Robot Co.Ltd(000584) company, Hagong Hyundai can also provide customers with Siasun Robot&Automation Co.Ltd(300024) ontology integrating 3D vision solutions.

In 2021, Hagong Hyundai sold 783 Siasun Robot&Automation Co.Ltd(300024) bodies, signed more than 1000 orders, and reached new annual strategic cooperation with 23 customers, such as Guangxi Zhecheng Siasun Robot&Automation Co.Ltd(300024) Technology Co., Ltd., Foshan Xingong Intelligent Equipment Co., Ltd., Zhongdi Siasun Robot&Automation Co.Ltd(300024) (Yancheng) Co., Ltd.

Faced with the downward trend of traditional business, Jiangsu Hagong Intelligent Robot Co.Ltd(000584) seize the development opportunity of new energy vehicle industry, give full play to the company’s leading technical advantages in the field of new energy vehicles, and actively promote the Siasun Robot&Automation Co.Ltd(300024) business of new energy vehicles.

According to the annual report, in 2021, the company’s system integration business successively signed new energy vehicle production line orders with well-known automobile manufacturers such as Weilai, Byd Company Limited(002594) , Nanning Ningda, Geely PMA, Yutong automobile and Hezhong new energy vehicle. In addition, Tianjin Fuzhen, a Jiangsu Hagong Intelligent Robot Co.Ltd(000584) subsidiary, successfully won the bid for some production lines of Weilai et7 and other models, successfully won the order of lotus, a luxury car brand, and signed an order for production lines related to new energy batteries with an enterprise in Guangzhou.

For future development, Jiangsu Hagong Intelligent Robot Co.Ltd(000584) said that as a high-tech listed enterprise focusing on high-end intelligent equipment manufacturing and artificial intelligence Siasun Robot&Automation Co.Ltd(300024) the company will seize the strategic opportunity of high-quality development of China’s manufacturing industry, optimize the existing business structure and make strategic transformation to the upstream and downstream extension of new energy industrial chain and military intelligence through the development strategy of combining endogenous growth and epitaxial M & A, Continuously improve the company’s core competitiveness and profitability to achieve long-term, stable and sustainable development.

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