Wuhan Xingtu Xinke Electronics Co.Ltd(688081) the performance of the first quarter warmed up, and the field of national defense application was further expanded

On the evening of April 28, Wuhan Xingtu Xinke Electronics Co.Ltd(688081) released the annual report for 2021 and the first quarterly report for 2022. In 2021, the company realized an operating income of 156650200 yuan, a decrease of 18.70% compared with the same period last year; The net profit attributable to the shareholders of the listed company was -456113 million yuan. During the reporting period, the contribution of some new products of the company has not been fully released in the current period; The company continued to increase R & D investment, market layout and talent team construction, and the sales expenses, management expenses and R & D expenses increased significantly in 2021; The construction plan of some customers is delayed, and the project implementation of the company is affected. The superposition of three factors led to a decline in performance. However, according to the financial report data of the first quarter, the operating revenue was 264156 million yuan, a significant increase of 474.72% compared with the same period last year; The net profit attributable to the shareholders of the listed company was -1.8714 million yuan, and the loss area narrowed by 17.616 million yuan. The overall operation improved and released a warming signal.

In 2021, Wuhan Xingtu Xinke Electronics Co.Ltd(688081) made breakthroughs in internal management, market action, honorary qualification and technology research and development. The company has determined the positioning of “intelligent system integrated solution provider and product supplier with network and video as the core”, and put forward the strategic layout of “two vertical and three horizontal” (Strategic traction, capital support, vigorously develop the company’s core technology and core platform, and widely establish the company’s product technology ecology and sales Ecology); A marketing system framework of “three-dimensional marketing” has been formed to solve some problems of equal emphasis on market and sales, market traction and sales landing.

Wuhan Xingtu Xinke Electronics Co.Ltd(688081) in the fields of audio and video information acquisition, processing, transmission, display control and business integration, it has formed a number of core technologies with independent intellectual property rights, and has obtained a total of 201 invention patents, appearance patents and software certificates. In addition, the company has passed the examination and renewal of the qualification of a certain weapon and equipment, and the three product categories covered by the original certificate have been expanded to 9, further expanding the fields that can be applied in national defense.

It is worth mentioning that the R & D investment of the company further increased in 2021, reaching 519588 million yuan, accounting for 33.17% of the total revenue, and the number of R & D personnel accounted for 46% of the total number of the company.

Judging from the performance response, Wuhan Xingtu Xinke Electronics Co.Ltd(688081) the above series of actions achieved initial results in the first quarter. At the same time, the company has also started the special work of equity incentive to release a positive signal of future business expectations. In the future, Wuhan Xingtu Xinke Electronics Co.Ltd(688081) will continue to adhere to the guiding ideology of “command, link, adaptation, service, security and intelligence” for the development of technical products, vigorously promote the in-depth development of technology R & D, market development, technical service and guarantee, talent training and brand construction, and promote the further improvement of the company’s core competitiveness.

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