Shenzhen Chengtian Weiye Technology Co.Ltd(300689) 2022 first quarter net profit increased by 114%, expanding the field of chip and information security / control

On April 22, Shenzhen Chengtian Weiye Technology Co.Ltd(300689) ( Shenzhen Chengtian Weiye Technology Co.Ltd(300689) ) released the annual report of 2021 and the first quarter report of 2022. In 2021, the company realized an operating revenue of 423 million yuan and a net profit attributable to the parent company of 168556 million yuan. In the first quarter of 2022, the operating revenue was 104 million yuan, a year-on-year increase of 23.70%, and the net profit attributable to the parent company was 4.046 million yuan, a year-on-year increase of 114.17%.

Shenzhen Chengtian Weiye Technology Co.Ltd(300689) is a high-tech enterprise engaged in the production, sales and service of smart cards and special chips. In terms of smart card business, in 2021, the company’s smart card products achieved a revenue of 386 million yuan, a year-on-year increase of 24.48%, and the production and sales of smart cards exceeded 1 billion. On the basis of consolidating the market share of smart card hardware products, the company continues to increase the investment in smart card production capacity, transform the existing production line technology, and further realize the construction of main production lines of smart factory.

In addition, in 2021, the company’s Shenzhen Chengtian Weiye Technology Co.Ltd(300689) production center in Indonesia reached production capacity, which laid a foundation for further developing the Southeast Asian market, further extending the company’s products to the downstream of the industrial chain and enriching the types of products and services, so as to further optimize the company’s product structure.

During the reporting period, after continuous industry research, market research and team recruitment, Shenzhen Chengtian Weiye Technology Co.Ltd(300689) has established teams with rich R & D, design, execution and sales experience in the security chip and semiconductor business respectively, and completed the R & D of some security chips in combination with its own packaging capacity and the competitive advantages of the supply chain. In the future, it will actively explore the application scenarios of security chips and enrich the product lines of security chip business.

Shenzhen Chengtian Weiye Technology Co.Ltd(300689) said that the company will actively explore semiconductor related businesses, take the company’s rich and high-quality customer resources as the support, take the semiconductor R & D, design, packaging and production center as the engine, deepen cooperation with wafer factories, and contribute new performance support with the support of the company’s business operation system.

The annual report shows that in 2021, Shenzhen Chengtian Weiye Technology Co.Ltd(300689) (Ningbo) chip technology Co., Ltd.’s special chip revenue increased steadily. At present, the production capacity of the project is climbing steadily. In the future, with the gradual emergence of the scale effect of special chip production capacity and the cost reduction and efficiency increase brought by the upgrading of production process, the profitability is expected to continue to improve.

In addition to semiconductor related businesses, in 2021, Shenzhen Chengtian Weiye Technology Co.Ltd(300689) also steadily explored new sectors of information technology business. Taking advantage of the industry precipitation in the field of digital information security for nearly 30 years and combined with its comprehensive advantages such as software R & D and system integration, the company prepared to build product R & D in the field of information security / control, so as to promote the sustainable development of new businesses and enhance its long-term competitiveness. During the reporting period, Shenzhen Chengtian Weiye Technology Co.Ltd(300689) R & D investment was 174824 million yuan, a year-on-year increase of 14.46%.

- Advertisment -