The raised investment projects are progressing smoothly, and Hanxin technology accelerates the implementation of intelligent transportation demonstration projects

On April 28, Hanxin technology held a performance presentation. The company said that the fund-raising project is progressing smoothly. After the completion of the new office building, the industrial artificial intelligence innovation center jointly built with Huawei will be stationed, which will have a positive impact on the product R & D and business operation of the company’s enterprise digital transformation business; In the field of intelligent network vehicle road coordination, Hanxin intelligent network vehicle cloud control platform products will be iterated to version 2.0, and the deployment and implementation of intelligent transportation demonstration projects will be accelerated in the future.

The company said that the revenue in 2021 increased by 7.01% and the net profit increased by 24.82% compared with that in 2020. At present, the overall cash flow is in good condition. The accounts receivable of the company mainly increased with the new income within one year, but the company strengthened the collection efforts, and the accounts receivable of more than one year showed a significant downward trend as a whole. According to the accounting standards, the expected credit loss of the company’s accounts receivable is reduced, so the bad debt provision is reversed according to the accounting standards.

In 2021, the company invested a total of 306628 million yuan of raised funds, including 6.9712 million yuan for the vehicle road collaborative management and service platform project, 194168 million yuan for the Hanxin science and technology office and scientific research complex building project, and 4.2748 million yuan for supplementary working capital. The main concrete structure of Hanxin science and technology office and scientific research complex building project has been capped in 2021, and the main building is expected to be completed within this year. After the completion of the new office building, the industrial artificial intelligence innovation center jointly built by the company and Huawei will be stationed, which will have a positive impact on the product R & D and business operation of the company’s enterprise digital transformation business; It can also solve the problems of scattered office space, insufficient self owned office space, low communication efficiency and high management cost. Under the background of accelerating the pace of changes in the industry environment in the future, it is of great significance to the future development of the company to provide stable office space for R & D personnel, integrate R & D resources, promote the company to increase R & D investment, cultivate new R & D teams and ensure the R & D and innovation ability of the company.

In addition, at present, the products of Hanxin intelligent Internet connected automobile cloud control platform are iterated to version 2.0. In 2022, based on the analysis of intelligent networked vehicle data and road infrastructure data, the company plans to develop solutions for customers, such as vehicle road coordination, precision bus, smart Expressway and smart traffic intersection control, so as to speed up the deployment and implementation of smart traffic demonstration projects.

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