Wangsu Science & Technology Co.Ltd(300017) 2021 profit of 165 million yuan, “2 + 3” business layout achieved remarkable results

On the evening of April 22, Wangsu Science & Technology Co.Ltd(300017) released the annual report of 2021. The annual report shows that in 2021, the company achieved an operating revenue of 4.575 billion yuan and a net profit attributable to shareholders of listed companies of 165 million yuan. Among them, the company’s overseas revenue accounted for 33.97% of the total revenue, accounting for more than 1 / 3. In 2021, online accommodation continued to remain profitable.

According to the annual report, in 2021, nethome formed a “2 + 3” business layout around the two core main businesses of CDN, edge computing and cloud security, as well as new business directions such as private cloud / hybrid cloud, MSP and liquid cooling. At the same time, the company is in the “mature and innovative” stage of cloud computing, and is gradually promoting the integration of business and revenue with CDN. At the same time, it has been in the “mature and innovative” stage, and has made a contribution to the continuous development of CDN’s business and new revenue.

In fact, from the perspective of policy driven and industrial chain development, Wangsu Science & Technology Co.Ltd(300017) new business tracks are now ushering in an opportunity period. During the reporting period, the company invested 460 million yuan in R & D, accounting for 10.08% of the operating revenue. Focusing on the new business, the company launched a variety of products and solutions such as zero trust secure access, API security management, container security and cdnpro based on edge cloud. With key investment and strong promotion, the new product business in 2021 has fully enabled the whole industry businesses such as government units, manufacturing, retail, education, finance, medical treatment, automobile and electronics, and has been highly recognized by the market. The development of new products has entered an accelerated period and will continue to contribute to the growth point of performance.

By the end of 2021, the monetary funds, time deposits and financial products held by the company had totaled 6.224 billion yuan, with an asset liability ratio of 16.40%. The company was in good financial condition and in a steady state of operation.

The company said that it would continue to take technological innovation as the guidance, take the digital and intelligent development of the service industry as the goal, and continue to increase the resource investment in key businesses, so as to promote the rapid development of business.

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