Qi An Xin Technology Group Inc(688561) rapid growth of revenue in 2021

On January 25, “Wangan Yige” Qi An Xin Technology Group Inc(688561) released the annual performance forecast for 2021. In 2021, the company realized an operating revenue of 5.670 billion yuan to 5.820 billion yuan, an increase of 36.26% to 39.86% compared with the same period of last year.

The report points out that the competitiveness of the company’s core products has been greatly improved. Thanks to the company’s continuous promotion of the R & D platform strategy, Qi An Xin Technology Group Inc(688561) products’ standardization, modularization, modularization and performance have been comprehensively improved, and the market share and competitiveness of a variety of core products continue to lead the industry. For example, the new generation situational awareness platform developed based on Dayu platform realizes the decoupling and personalized combination of capability base, business operation and decision support, which not only avoids repetitive research and development, but also concentrates resources on key problems, thus further maintaining the company’s leading position in the field of situational awareness.

The technical competitiveness of the company’s products in the fields of data security and privacy protection, practical situational awareness, cloud security, terminal security, border security, security services and security operations continues to lead the whole industry. The business scale and growth rate are in the leading position in the industry, helping the company achieve rapid growth in annual revenue.

At the same time, the company’s internationalization strategy has made breakthrough progress, and some of the company’s core products have begun to have international competitiveness, opening up new space for the company’s development.

The network security industry has entered the fast lane of development. The express shows that Qi An Xin Technology Group Inc(688561) products have practical, systematic and collaborative defense capabilities, which promotes its customers in key information infrastructure industries such as finance, operators, energy, power and medical treatment, as well as government customers to continue to maintain rapid growth.

It is worth noting that the company launched the employee restricted stock incentive plan in 2020. During the reporting period, the company’s accrued employee share based payment expenses increased by 256 million yuan compared with 2020, which had a certain impact on the company’s net profit attributable to the owners of the parent company. Excluding the above effects, the company’s net profit loss attributable to the owners of the parent company narrowed compared with the same period in 2020.

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