Securities code: 002439 securities abbreviation: Venustech Group Inc(002439) Announcement No.: 2022-003 Venustech Group Inc(002439)
Annual performance forecast for 2021
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Expected performance of the current period
1. Performance forecast period
January 1, 2021 to December 31, 2021
2. Performance forecast
□ turning losses into profits √ rising in the same direction □ falling in the same direction
The current reporting period of the project is the same period of last year
RMB 4377 million – RMB 450 million
The operating income was 3646.7453 million yuan, an increase of 20.02% – 23.40% over the same period of last year
Earnings attributable to listed companies: 855 million yuan – 915 million yuan
East’s net profit: 804.0626 million yuan, an increase of 6.34% – 13.80% over the same period last year
Profit after deducting non recurring profit and loss: 759 million yuan – 819 million yuan
Net profit after: 702.787 million yuan, an increase of 8.00% – 16.54% over the same period last year
Basic earnings per share: 0.92 yuan / share – 0.98 yuan / share earnings: 0.87 yuan / share
2、 Communication with accounting firms
The financial data related to the performance forecast of the current period have not been audited by certified public accountants.
3、 Explanation of performance change reasons
1. The main reasons for the growth of operating revenue are as follows:
During the reporting period, the company’s annual operating revenue is expected to reach 4377 million yuan to 450 million yuan, an increase of 20.02% to 23.40% over the same period of the previous year, realizing stable and healthy growth of revenue. Based on the continuous consolidation of strategies such as network security operation, the company has made a lot of R & D investment and industry layout in new strategies such as data security. 2021 Venustech Group Inc(002439) opened a new first year of Data Security 3.0; At the same time, vigorously invest in and strengthen the business construction of cloud security and industrial control security; Promote the combination of the “mayor’s plan” and the strategy of independent security operation center in the regional market, and the intensive cultivation of the regional market has greatly improved the customer value; Combined with the situational needs of industry users, it improves customer stickiness and further strengthens the market competitive advantage of customers in government, finance, operators, energy, enterprises and other industries.
By the end of 2021, the company has built 119 urban and industrial safety operation centers, and the business income of the safety operation center has achieved rapid growth. At the same time, the company’s income in localization and industrial control safety has also increased rapidly. The revenue of new track products such as end-to-side safety, honeypot and full flow detection increased by more than 300%. As more new products continue to mature and put into the market, it will consolidate Venustech Group Inc(002439) ‘s leading position on more tracks.
On December 1, 2021, the company established a data security headquarters in Hangzhou and released the data oasis technical framework. The evolution path of data security from 1.0 data object security to 2.0 data aggregation security and then to 3.0 data circulation security is proposed. Based on the good foundation of data security 1.0 and 2.0 markets, Venustech Group Inc(002439) continues to lead the development of data security market. At present, China is vigorously developing the digital economy, and there is a large growth space in the data security market. The company’s revenue growth in the direction of data security is expected to reach more than 50% in 2021.
During the reporting period, under the circumstances of rising supply chain costs and fierce external competitive environment, the company’s gross profit margin in the fourth quarter increased significantly compared with the first three quarters, and the annual gross profit margin is expected to increase by 2.0% – 2.5%. The main reason is the increase in the proportion of sales revenue of self owned products and services with high gross profit margin.
2. Main reasons for the increase of net profit:
During the reporting period, the company’s net profit attributable to the shareholders of the listed company is expected to achieve a profit of 855 million yuan to 915 million yuan, an increase of 6.34% to 13.80% over the same period of the previous year; The net profit after deducting non recurring profit and loss was 759 million yuan to 819 million yuan, an increase of 8.00% to 16.54% over the same period of the previous year. The company achieved a sustained increase in profits with a substantial increase in investment in 2021.
2021 is a year of strong strategic investment for the company, with large investment in R & D and marketing. The increase of personnel is higher than that in previous years, and the investment in R & D and marketing increases by about 35% year-on-year.
R & D investment focuses on the following directions:
(1) New business directions: including data security, cloud security, security operation center, localization adaptation, industrial control security, Internet of vehicles security, etc;
(2) New track products: EDR, honeypot / dense network, soar (security arrangement and automatic response), ueba, network security shooting range, space mapping, full flow detection, etc;
(3) Actual combat capability: in 2021, 9 active defense laboratories in regions and industries were added to export vulnerability mining capability and emergency response capability to regions and industries.
The marketing investment focuses on the strategy of the group’s safety operation center, especially in the urban safety operation center. The “mayor’s plan” has become a powerful starting point to comprehensively improve the service ability to regional value customers.
In addition, the share based payment generated by the company’s employee stock ownership plan in 2021 and the social security relief due to the epidemic in 2020 totaled about 147 million yuan (including 76.8 million yuan of share based payment during the reporting period). Excluding the influence of the above two factors, the net profit attributable to shareholders of listed companies increased by about 14% during the reporting period.
4、 Risk tips
The performance forecast is based on the preliminary accounting of the company’s finance department, and the specific financial data will be disclosed in detail in the company’s 2021 annual report. Please make prudent decisions and pay attention to investment risks.
It is hereby announced.
Venustech Group Inc(002439) board of directors January 27, 2022
