New contract amount exceeds 10 billion yuan Neusoft Corporation(600718) 2021 net profit increases by 794%

Based on 30 years, usher in new development. On April 28, Neusoft Corporation(600718) disclosed its annual report. In 2021, the company achieved an operating revenue of 8.734 billion yuan, a year-on-year increase of 14.60%; The net profit attributable to shareholders of listed companies was 1.173 billion yuan, a year-on-year increase of 794.35%. The company plans to distribute a cash dividend of 0.6 yuan (including tax) to all shareholders of the company for every 10 shares.

The company said that in 2021, the market pattern outside China was complex and changeable. The company continued to firmly promote the professional, IP and Internet development of its business, continued to focus on advantageous industries and customer value, enabled customers’ digital transformation, promoted a new round of upgrading and development of international business, and continued to maintain its leading edge. Within the company, continue to promote organizational optimization and empowerment, continue to strengthen cost control, and further improve the company’s performance level and overall operation efficiency. In 2021, despite the continuous epidemic, shortage of auto chips, exchange rate fluctuations and other factors, the company still achieved good performance.

In 2021, the company’s overall business performance improved. Benefiting from the accumulated orders on hand and continuous market expansion, the company further consolidated its market position in advantageous fields. From the perspective of business, the newly signed contract amount continued to grow in 2021, and the newly signed contract amount of independent software, products and services exceeded 10 billion for the first time, which is another breakthrough after the overall newly signed contract amount of the company exceeded 10 billion in 2020. By the end of 2021, the net cash flow from operating activities of the company was 780 million yuan, an increase of 39.75% over the same period of last year, and the operating condition continued to improve.

In 2021, the company will continue to strengthen its global development, focus on improving customer satisfaction and healthy and sustainable business development, consolidate its leading edge, grasp market growth opportunities, improve professional service capacity and business scale, and comprehensively enhance its overall competitive advantage.

In 2021, the whole business of the company will develop healthily and sustainably, the main business will advance steadily, the market competitiveness in various advantageous fields will continue to enhance, and the business at the first echelon of the market will be stable and developed: in the field of medical health and social security, Neusoft will continue to rush to the front line of anti epidemic with it technology, and actively participate in the new round of “provincial centralized” project bidding of national medical insurance and human resources and social security. By the end of 2021, Neusoft’s leading position in advantageous fields such as new medical insurance and new social service had been further consolidated. In the field of intelligent vehicle interconnection, despite the common industrial problems such as chip shortage in the second half of 2021, Neusoft’s automotive electronics business (excluding Neusoft Ruichi) such as intelligent cockpit still achieved nearly 50% growth in annual revenue in 2021, and the new fixed-point orders of vehicle manufacturers reached a record high in the year. We will continue to promote the strategic transformation of “smart cities” with more than 50 national telecom operators, and actively promote the strategic transformation of “smart cities” and “smart cities” with more than 50 national telecom operators, so as to promote the implementation of “smart cities” and other strategic cooperation projects, and actively promote the “smart cities” with more than 50 national telecom operators.

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