Feitian Technologies Co.Ltd(300386) : we have been cooperating with banks in digital RMB hardware wallet

On the afternoon of April 22, Feitian Technologies Co.Ltd(300386) ( Feitian Technologies Co.Ltd(300386) . SZ) 2021 annual performance presentation was held at the panoramic roadshow. The annual performance presentation meeting was held remotely through the Internet. Huang Yu, chairman of Feitian Technologies Co.Ltd(300386) board of directors, Zhu Baoxiang, chief financial officer of Feitian Technologies Co.Ltd(300386) and Wu Bi, Secretary of Feitian Technologies Co.Ltd(300386) board of directors attended the presentation meeting.

At the exchange meeting, Huang Yu, chairman of Feitian Technologies Co.Ltd(300386) said that at present, there are few shipments of digital RMB hardware wallet products, but the company has always maintained cooperation with banks.

Tianyancha information shows that Beijing Philisense Technology Co.Ltd(300287) was founded in 1998. The company focuses on the operation of information security products focusing on identity authentication. It is a provider and service provider of overall solutions for embedded operating system and digital security system. It provides embedded software products and services for customers in various industries as its core value. It is engaged in online banking security transactions, payment cards and services, mobile payment security, cloud authentication Provide complete services and solutions in many fields such as identity authentication and software protection.

Headquartered in Beijing, the company has established marketing centers in Guangzhou, Shanghai and other places, established offices in Shenzhen, Hangzhou and Kunming, established a global marketing and marketing service system, and is equipped with professional system solutions and service teams.

Panorama learned that the company’s products are sold to many countries and regions around the world, and has accumulated many customers in the fields of finance, government, postal service, telecommunications, transportation, Internet and so on. Among them, the Bank covers a wide range of customers. It provides perfect solutions and professional technical services for the online banking system security of many banks, including ICBC, China Construction Bank, Agricultural Bank of China, Bank of China and Bank Of Communications Co.Ltd(601328) etc. it is a provider of intelligent network identity authentication products with a large number of Bank Of China Limited(601988) customers.

In November 2021, Feitian Technologies Co.Ltd(300386) was selected into the “top 100 Chinese network security enterprises”, which fully reflects the company’s strong strength and industry influence.

Technology is an important part of Feitian Technologies Co.Ltd(300386) core competitiveness. The company has been rated as Beijing patent demonstration unit, national intellectual property demonstration enterprise, enterprise intellectual property management standardization unit and China’s top 500 enterprise patents.

As of December 31, 2021, the company and its subsidiaries have 225 computer software copyright registration certificates and 1537 authorized patents, including 1187 invention patents (including 181 foreign patents), 88 utility model patents and 262 design patents (including 26 foreign patents).

During the reporting period, the company and its subsidiaries obtained 171 patents, including 159 Chinese patents (129 invention patents, 8 utility models and 22 appearance designs); There are 12 foreign patents (including 10 foreign invention patents and 2 foreign appearance patents).

In 2021, due to the decline in revenue of USBKEY and dynamic token products, the increase in operating expenses and many other factors, the company achieved an annual operating revenue of 7793052 million yuan. Specific to products:

With the popularity of smart devices and mobile payment, Feitian Technologies Co.Ltd(300386) launched terminal products for mobile terminals. During the reporting period, the operating revenue of intelligent terminal system was 216251400 yuan, accounting for 27.75% of the company’s total operating revenue, an increase of 45.24% over the same period of last year.

In terms of chip products, Hongsi electronics, a Feitian Technologies Co.Ltd(300386) subsidiary, is an early integrated circuit design enterprise specializing in the development of domestic information security application chips in China. Its products are used in the fields of finance, mobile payment, taxation, public security, transportation, electric power, e-government, Internet of things, intelligent household appliances, public security, copyright protection, industrial control and so on. During the reporting period, the operating revenue of Beijing Hongsi chip products was 1009488 million yuan, accounting for 12.95% of the company’s total operating revenue, an increase of 24.21% over the same period last year.

USBKEY, cards and others, dynamic tokens, encryption locks, software products and development products recorded 29657065584 yuan, 8856303960 yuan, 3945547768 yuan, 2991534101 yuan and 7 Glarun Technology Co.Ltd(600562) 64 yuan respectively.

At present, digital economy has become the main driving force of global economic growth. However, in recent years, data security incidents such as data leakage, data destruction and data abuse have occurred frequently, which has brought serious harm to national security, public rights and interests, organizational rights and interests and personal privacy. Enterprise and personal information security has attracted much attention, and the scale of information security industry has expanded.

According to the development strategy, Feitian Technologies Co.Ltd(300386) plans to further increase R & D and industrialization in the field of information security, gradually develop all kinds of special chips, equipment and systems for information security, targeted to the field of transaction security and operation security in 5g, Internet, blockchain, digital currency and other new scenes, gradually expand to the upstream and downstream of the industrial chain, and realize the strategic transformation and upgrading of the company.

According to the plan, in 2022, Feitian Technologies Co.Ltd(300386) operation will focus on “expanding solutions in the field of financial services”, “laying out security chips”, “seizing major opportunities for the development of digital currency” and “continuing to explore overseas markets”.

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