[0 -> 19] 然后我们接下来是中国忍者国际进行录演及投资者交流时长40分钟,有请中忍国际。大家好,我是中忍国际的陈怡妮丹妮。那很感谢大家今天来参加我们的这样一个交流会。那么因为我们公司最近也是 [25 -> 50] 我們公司最近也是剛推出中期的一個業績首先我們會先就我們公司大致的情況還有就我們公司中期的業績做個簡單的回顧以及介紹中人國際是在2000年成立的大型軟件信息技術服務公司我們是在2003年的時候在港股上市的 [52 -> 58] 下雨了吗对对对 [59 -> 87] 然後成立那麼多年以來其實我們整體營收都是保持在接近30%的高速增長那麼我們主要的業務是分成兩個大的板塊一個是我們的基石業務也就是大家理解的這種比較傳統的軟件外包服務那麼這一塊主要我們的服務對象是包括像是華為、匯豐、騰訊等等這一種行業的聯通企業客戶 [87 -> 111] 去给他们提供这种软件信息技术服务那么另外一方面呢也就是我们称为的新兴业务这一块呢主要是包括像是云智能业务然后鸿蒙业务 汉语IP然后智能汽车等等的这一系列的现在市场上面比较关注的这种新型的一些业务那么 [111 -> 133] 就是整體來看其實2022年以及2023年 ...

Financial Performance - For the first half of 2023, the company reported revenue of RMB 8,450.06 million, a decrease of 15.7% compared to RMB 10,025.28 million in the same period of 2022[4]. - Service revenue for the same period was RMB 8,295.75 million, down 15.5% from RMB 9,820.49 million year-on-year[4]. - The net profit for the first half of 2023 was RMB 350.69 million, representing a decline of 38.6% from RMB 570.88 million in the previous year[4]. - Basic earnings per share decreased by 36.6% to RMB 12.44 from RMB 19.62 in the same period last year[4]. - The company did not recommend the distribution of an interim dividend for the six months ended June 30, 2023[4]. - The company achieved a net profit margin of 4.2% during the reporting period, indicating a healthy business development despite the revenue decline[6]. - The company reported a profit for the period of RMB 350,687 thousand, down from RMB 570,880 thousand in the first half of 2022[140]. - The company’s total assets as of June 30, 2023, were RMB 14,430,156 thousand, an increase from RMB 13,411,499 thousand at the end of 2022, reflecting a growth of about 7.6%[165]. - The company reported a foreign exchange loss of RMB (3,266) thousand from overseas operations, compared to a gain of RMB 1,743 thousand in the previous year[163]. Strategic Partnerships and Collaborations - The company signed a cooperation agreement with Huawei Cloud for the Pangu model, becoming a strategic partner and receiving the "Pangu Model Technology Leader" award[8]. - The company is actively collaborating with Huawei to develop a core business system that is self-controllable, efficient, and secure, focusing on "extremely simple architecture, extremely high quality, extremely low cost, and extremely superior experience"[14]. - The company has established a strong partnership with Huawei Cloud, binding 10% of its capabilities to enhance advanced cloud digital transformation consulting and system integration services[15]. - The company has established a deep collaboration with Huawei and China Mobile Hong Kong, becoming one of the qualified suppliers for the Hong Kong government's IT services over the next four years[24]. - The company has signed strategic partnerships with NetEase and Zhujian Intelligent Technology to explore AIGC and low-code applications[32]. - The company has established 13 joint innovation centers with Huawei, focusing on software development, industrial internet, and AI capabilities[69]. Technological Innovations and Developments - The company has launched the JointPilot AI platform, integrating with Huawei's Pangu model and AI cloud services, focusing on industry application services[8]. - The company has introduced AIGC technology to enhance operational efficiency and quality, aiming to build a healthy profitability model through process optimization and automation[21]. - The company has developed a self-research voice recognition assistant for digital witnessing in bidding processes, ensuring the authenticity of transaction data[30]. - The company has launched the JointPilot AI application platform, which integrates various model capabilities and data governance to provide comprehensive AI solutions for government and enterprise clients[28]. - The company has developed an enterprise-level server operating system "Pan Shi" based on the openEuler community version, which simplifies system migration and significantly reduces costs[95]. - The company has developed a digital content review system that covers all service types, ensuring excellent SLA performance across various business areas[100]. Market Expansion and Global Presence - The company has expanded its services into Southeast Asia, the Middle East, and Latin America, covering markets such as Singapore, Malaysia, Thailand, Indonesia, and India, and has become the IT service provider for Kenagan Bank[24]. - The company aims to strengthen its global IT influence by establishing an overseas sales service platform and expanding its market presence[24]. - The company is focusing on expanding its presence in Southeast Asia and the Middle East, aiming to enhance its global IT influence[135]. - The company has established a comprehensive digital transformation service for 47 countries globally, leveraging partnerships with major clients such as Huawei, Tencent, and Alibaba[135]. Operational Efficiency and Cost Management - The company aims to enhance efficiency and quality through integrated financial and operational projects while increasing the proportion of high-margin and high-output businesses[143]. - The company plans to accelerate the deployment of AIGC and AIOT industries to improve service and product competitiveness[143]. - The company has committed to a high-quality closed-loop management system to enhance execution efficiency and investment effectiveness[26]. - The company has implemented a one-stop service model for digital transformation, receiving high praise from customers and product partners[60]. Employee and Financial Management - The total number of employees decreased by 19.9% year-on-year to 72,937 as of June 30, 2023, primarily due to business fluctuations and strategic transformation[136]. - Employee compensation for the six months ended June 30, 2023, was approximately RMB 7,199,889,000, up from RMB 8,598,009,000 in the same period of 2022[198]. - The company’s interest expenses for borrowings increased to RMB 77,399,000 in the first half of 2023, compared to RMB 42,244,000 in the same period of 2022[181]. - The company’s total borrowings amounted to RMB 4,060,175,000, a significant increase from RMB 1,928,531,000 as of December 31, 2022, reflecting a growth of approximately 110.5%[83][195]. Industry Engagement and Standards - The company has become a leading participant in the construction of the digital RMB system, winning multiple bids for digital RMB projects with various banks[72]. - The company is focusing on optimizing data applications in railway and water transport sectors, enhancing digital transformation efforts in ports like Ningbo-Zhoushan[82]. - The company has received recognition as a top-level partner in the healthcare sector with Huawei, serving numerous hospitals domestically and internationally[89]. - The company is actively involved in green finance, providing products for financial institutions to support their green transformation efforts[75].

Financial Performance - Revenue for the first half of 2023 was RMB 8,450,060 thousand, a decrease of 15.7% compared to RMB 10,025,275 thousand in the same period of 2022[3] - Service revenue decreased by 15.5% to RMB 8,295,751 thousand from RMB 9,820,494 thousand year-on-year[2] - Net profit for the period was RMB 350,687 thousand, down 38.6% from RMB 570,880 thousand in the previous year[3] - Basic earnings per share decreased by 36.6% to RMB 12.44 from RMB 19.62 year-on-year[3] - The company achieved a gross profit of RMB 2,001,135 thousand in the first half of 2023, with a gross margin of 23.7%, compared to RMB 2,481,725 thousand and a gross margin of 24.8% in the same period of 2022[15] - The company reported a pre-tax profit of RMB 342,373 thousand for the first half of 2023, representing a margin of 4.1%, down from 6.1% in the same period of 2022[15] - Gross profit for the first half of 2023 was RMB 2,001,135 thousand, a decline of 19.4% from RMB 2,481,725 thousand in the same period of 2022, resulting in a gross margin of 23.7%[19] - Other income decreased by 24.0% to RMB 143,660 thousand in the first half of 2023, compared to RMB 188,917 thousand in the same period of 2022[20] - The net profit for the first half of 2023 was RMB 350,687 thousand, a decrease of 38.6% from RMB 570,880 thousand in the first half of 2022, with a profit margin of 4.2%[27] - The basic earnings per share for the first half of 2023 was approximately RMB 12.44, down 36.6% from RMB 19.62 in the same period of 2022[27] Dividends and Shareholder Returns - The company did not recommend the distribution of an interim dividend for the six months ended June 30, 2023[1] - The company declared a final dividend of HKD 0.0567 per share for the year ended December 31, 2022, totaling HKD 153,445,586, compared to HKD 99,148,317 in 2022[50] Strategic Initiatives and Partnerships - The company established the AIGC Research Institute and launched the JointPilot AI application platform to enhance IT asset optimization and upgrade traditional solutions[4] - The company signed a cooperation agreement with Huawei Cloud for the Pangu large model and became an ecosystem partner for Baidu's Wenxin Yiyan and Qianfan platforms[4] - The company focused on digital transformation in six key industries, including petrochemicals and automotive, through a "platform + service" model[5] - The automotive business achieved high gross profit growth, expanding collaborations with major automotive industry players[5] - The company aims to expand its market presence in Southeast Asia and the Middle East, establishing integrated local sales and service teams[11] Employee and Operational Metrics - The number of employees decreased by 19.9% year-on-year to 72,937 as of June 30, 2023, down from 91,114 a year earlier, primarily due to business fluctuations and strategic transformation[12] - Employee compensation for the six months ended June 30, 2023, was approximately RMB 7,199,889,000, an increase from RMB 8,598,009,000 in 2022[67] Financial Position and Cash Flow - The group had a cash balance of RMB 5,042,594 thousand in the first half of 2023, slightly down from RMB 5,112,410 thousand in the same period of 2022[25] - The group’s current ratio improved to 4.0 in the first half of 2023, compared to 3.8 in 2022[25] - The net cash used in operating activities for the six months ended June 30, 2023, was RMB (731,184) thousand, compared to RMB (798,572) thousand for the same period in 2022, indicating an improvement of approximately 8.4%[40] - The net cash generated from financing activities increased significantly to RMB 812,612 thousand in the first half of 2023, compared to RMB 302,897 thousand in the same period of 2022, representing a growth of approximately 168.5%[40] - The company reported a net loss of RMB (640,552) thousand in cash and cash equivalents for the six months ended June 30, 2023, compared to a loss of RMB (1,068,832) thousand in the same period of 2022, showing a reduction in cash outflow of approximately 40.1%[40] Market Position and Shareholder Information - The company ranked 73rd in the Gartner global IT services market share, reflecting its strong market position and resilience[4] - Major shareholders include Dan Capital Tangkula Limited Partnership with 330,142,144 shares (11.07%), UBS Group AG with 270,058,029 shares (9.06%), and Bank of Communications Trustee Limited with 282,638,000 shares (9.48%) as of June 30, 2023[85] Governance and Compliance - The company maintained compliance with corporate governance codes, with minor exceptions noted during the annual general meeting[68] - The company plans to enhance corporate governance practices and will regularly review these practices to ensure compliance with legal and professional standards[70] - The audit committee, consisting of three independent non-executive directors, reviewed the interim results for the six months ended June 30, 2023, ensuring compliance with applicable accounting standards and regulations[88]

Financial Performance - The company's revenue for 2022 exceeded RMB 20 billion, despite challenges from customer demand fluctuations and pandemic-related disruptions[4]. - The company's revenue for 2022 was RMB 20,005,171 thousand, representing an 8.7% increase compared to RMB 18,398,076 thousand in 2021[61]. - Service revenue for 2022 reached RMB 19,489,625 thousand, a 7.5% increase from RMB 18,132,013 thousand in the previous year[61]. - Annual profit decreased by 33.2% to RMB 758,829 thousand from RMB 1,136,690 thousand in 2021[61]. - Basic earnings per share fell by 36.1% to RMB 26.11 from RMB 40.89 in the previous year[61]. - The company's gross profit for 2022 was RMB 4,600,170 thousand, a decrease of 6.2% compared to RMB 4,904,241 thousand in 2021, with a gross margin of 23.0%[77]. - The sales and service costs for 2022 amounted to RMB 15,405,001 thousand, a 14.2% increase from RMB 13,493,835 thousand in 2021, with costs representing 77.0% of total revenue[76]. - The company reported a net profit of RMB 758,829 thousand, down from RMB 1,136,690 thousand in 2021, reflecting a net profit margin of 3.8%[73]. - The Technical Professional Services Group (TPG) revenue grew by 7.9% to RMB 17,930,401 thousand, while the Internet Information Technology Services Group (IIG) revenue increased by 16.8% to RMB 2,074,770 thousand[86]. Market Position and Strategy - The company has secured a 10% market share in Huawei Cloud, supporting its overall business development and expanding its cloud service capabilities[6]. - TPG has positioned itself as a leading brand in consulting, enterprise application services, and data services, focusing on end-to-end digital transformation for enterprise clients[15]. - The company has achieved a significant market presence, ranking second in IDC cloud management services and maintaining the top position in cloud migration and development professional services[16]. - The company is focusing on AIoT technology to build digital infrastructure, targeting key industries such as government and telecommunications, and aims to become a leader in integrated hardware and software solutions[21]. - The cloud strategy emphasizes "cloud adoption, cloud management, and cloud-native" to support digital transformation for enterprises, aiming to capture 10% of the Huawei cloud market share[22]. Digital Transformation and Innovation - The company is focusing on the "Big Xinchuang" era, leveraging OpenHarmony technology to enhance its digital ecosystem and develop smart IoT solutions[5]. - The company is actively engaging in the EAS (Enterprise Application Service) sector, targeting industries such as petrochemicals, energy, and aerospace for digital transformation solutions[7]. - The company is committed to building a brand as a digital transformation service expert, offering end-to-end service capabilities from planning to implementation[7]. - The company is enhancing its cloud management capabilities through continuous upgrades of its CloudEasy CMP and other cloud platforms[6]. - The company is developing the "Liberation Number" platform to enhance software development services for government projects, aiming to increase market penetration and coverage[24]. Research and Development - The company has contributed over 1.2 million lines of code to the OpenHarmony community, fostering talent development through the establishment of the Xinchuang Academy[5]. - TPG's cloud products include CMP, CBP, CAP, and various industry-specific solutions, enhancing its service offerings across multiple sectors[15]. - The company has invested significantly in R&D, successfully cloudifying its main products and solutions, and expanding into diverse new applications[15]. - Research and development expenses for 2022 were RMB 1,238,035 thousand, a slight decrease of 0.9% from RMB 1,249,325 thousand in 2021, representing 6.2% of total revenue[81]. Partnerships and Collaborations - The company has established partnerships with major ERP providers like Yonyou and Kingdee, enhancing its capabilities in digital finance and supply chain management[7]. - The company is collaborating with ERP platform vendors and state-owned enterprises to innovate in the domestic market, positioning itself as a leading brand in consulting and enterprise applications[23]. - The company has established a strong client base, including major players like Huawei, HSBC, Tencent, and Alibaba, indicating its high recognition in digital transformation partnerships[14]. - The company has established 14 joint operation innovation centers with Huawei Cloud, ranking first in third-party operation models, and received recognition for its operational achievements in various innovation centers[30]. Human Resources and Corporate Governance - The company employed 82,140 employees as of December 31, 2022, down from 92,039 employees the previous year, indicating a reduction of approximately 10% in workforce[145]. - The company maintains competitive salary levels for employees, regularly reviewing compensation in line with labor market conditions and local minimum wage guidelines[145]. - The company has established a remuneration committee in June 2005, which reviews the compensation packages for executive directors and senior management[104]. - The board consists of three executive directors, three non-executive directors, and three independent non-executive directors, ensuring a diverse governance structure[92]. Risk Management and Compliance - The company is committed to continuously improving its risk management system to ensure long-term growth and sustainability[117]. - The risk management process consists of four main steps: risk identification, risk assessment, risk response, and risk monitoring and reporting[118]. - The company has established a compliance management organization to enhance compliance capabilities in response to evolving regulatory environments[120]. - Continuous resource investment and compliance management system improvements are in place to address regulatory risks as the company expands its business scale[120]. Environmental and Social Responsibility - The company is committed to corporate social responsibility (CSR) and aims to strengthen its CSR framework in line with SA8000 standards, focusing on environmental sustainability and stakeholder engagement[122]. - The company has implemented environmental protection policies and adheres to international and national environmental standards, aiming to minimize energy consumption and pollutant emissions[144]. - The company aims to contribute to low-carbon development and industrial upgrades, aligning with national goals for carbon neutrality[180]. - The company is focused on low-carbon operations and green office practices while promoting a digital environmental business model to foster a green production lifestyle[197]. Future Outlook and Goals - The company aims to enhance its service capabilities and expand its market presence in key industries, targeting a leadership position in global IT services[65]. - The company plans to allocate approximately HKD 788 million for the development of full-stack cloud intelligent products and solutions, with about HKD 400 million specifically for full-stack development and related investments and acquisitions[89]. - The company is focused on integrating digital technologies across urban scenarios to promote smart city development and improve living quality[190]. - The company aims to create long-term value and sustainable development by integrating value investment, core services, employee growth, and social responsibility into its governance[195].

Financial Performance - Total revenue for the year ended December 31, 2022, was RMB 20,005,171 thousand, representing an increase of 8.7% from RMB 18,398,076 thousand in 2021[2] - Service revenue for the same period was RMB 19,489,625 thousand, up 7.5% from RMB 18,132,013 thousand in the previous year[2] - The annual profit decreased by 33.2% to RMB 758,829 thousand compared to RMB 1,136,690 thousand in 2021[2] - Basic earnings per share fell by 36.1% to RMB 26.11 from RMB 40.89 in the prior year[2] - Gross profit for the year was RMB 4,600,170 thousand, down from RMB 4,904,241 thousand in 2021[4] - The company's total revenue for 2022 was RMB 20,005,171 thousand, an increase of 8.7% compared to RMB 18,398,076 thousand in 2021[11] - The annual profit attributable to the company's owners for 2022 was RMB 759,441 thousand, a decrease of 33.2% from RMB 1,136,911 thousand in 2021[19] - Basic earnings per share for 2022 decreased by 36.1% compared to the previous year[24] - The company reported a gross profit of RMB 4,600,170 thousand, down 6.2% from RMB 4,904,241 thousand in 2021[25] - In 2022, the company's annual profit was RMB 758,829 thousand, a decrease of 33.2% compared to RMB 1,136,690 thousand in 2021, with the profit margin on revenue dropping from 6.2% to 3.8%[48] Revenue Segmentation - The technology professional services segment generated revenue of RMB 17,930,401 thousand in 2022, compared to RMB 16,622,352 thousand in 2021[13] - The internet information technology services segment reported revenue of RMB 2,074,770 thousand in 2022, up from RMB 1,775,724 thousand in 2021[13] - The Internet Information Technology Services Group's revenue grew by 16.8% to RMB 2,074,770 thousand, primarily due to rapid growth in cloud services[49] Expenses and Liabilities - Research and development expenses were RMB 1,238,035 thousand, slightly decreased from RMB 1,249,325 thousand in the previous year[4] - The company's income tax expense for 2022 was RMB 71,053 thousand, down from RMB 115,387 thousand in 2021[15] - The company's total liabilities decreased to RMB 2,043,359 thousand in 2022 from RMB 2,251,585 thousand in 2021[21] - The company's financial expenses increased by 13.7% to RMB 113,212 thousand in 2022, with the ratio to revenue rising from 0.5% in 2021 to 0.6%[45] Dividends and Shareholder Information - The board proposed a final dividend of HKD 0.0567 per share for the year ended December 31, 2022[2] - The company proposed a final dividend of HKD 5.67 per share for the year ended December 31, 2022, compared to HKD 3.23 per share in 2021[17] - The annual general meeting is scheduled for May 22, 2023, where shareholders will vote on the proposed final dividend[62] Employee and Operational Metrics - Active customer count in 2022 was 2,394, with 192 large customers generating service revenue exceeding RMB 6 million[31] - The total number of employees at the end of 2022 was 82,140, a decrease of 10.8% from 92,039 at the end of 2021, while the average number of employees increased by 3.7%[33] - The technology professionals within the company reached 78,221, accounting for 95.2% of total employees, with project managers, consultants, and senior engineers making up 35.1% of the technical staff[33] Strategic Initiatives - The company has established a strategic partnership with Huawei Cloud, focusing on digital transformation across various industries[26] - The company is expanding its presence in the automotive sector, achieving rapid growth and establishing benchmark projects with major automotive manufacturers[27] - The company plans to continue leveraging its strategic planning to enhance its service capabilities and expand into broader digital transformation markets[28] - The company aims to strengthen its global presence by leveraging partnerships with top ICT infrastructure providers and expanding into international markets[32] Cash Flow and Financial Health - The net cash balance available was RMB 5,112,410 thousand in 2022, down from RMB 5,578,368 thousand in 2021, while the current ratio improved from 3.4 to 3.8[47] - The effective tax rate for 2022 was 8.6%, down from 9.2% in 2021, primarily due to a decrease in profit and the impact of a previous subsidiary sale[45] Corporate Governance - The company has adopted various measures to ensure high standards of corporate governance, including the separation of the roles of Chairman and CEO, although the current Chairman also serves as CEO[53] - The audit committee, consisting of three independent non-executive directors, reviewed the financial reporting and internal control systems at least biannually during the year[58] - The company confirmed compliance with the standards for securities trading as per the listing rules for the year ended December 31, 2022[54]

Financial Performance - The company's revenue for the first half of 2022 reached RMB 10,025,275, representing a 20.2% increase compared to RMB 8,340,938 in the same period of 2021[4]. - Service revenue amounted to RMB 9,820,494, up 18.9% from RMB 8,258,599 year-on-year[4]. - The net profit for the period was RMB 570,880, reflecting a 10.4% increase from RMB 516,998 in the previous year[4]. - Basic earnings per share increased by 3.7% to RMB 19.62, compared to RMB 18.92 in the prior year[4]. - The company reported a profit before tax of RMB 610,453 thousand, with a net profit of RMB 570,880 thousand, representing a 10.4% increase from RMB 516,998 thousand in the first half of 2021[87]. - The company's total revenue for the first half of 2022 was RMB 10,025,275 thousand, representing a 20.2% increase compared to RMB 8,340,938 thousand in the same period of 2021[87]. - The company's profit for the period was RMB 570,880 thousand, reflecting a 10.4% year-on-year growth[69]. - The basic earnings per share for the first half of 2022 was approximately RMB 19.62, up 3.7% from RMB 18.92 in the first half of 2021[99]. Strategic Partnerships and Initiatives - The company has established a strategic partnership with China Mobile to provide integrated delivery services based on the OneNET urban IoT platform[10]. - The company has launched the AloT Initiative Group to promote the development of the HarmonyOS ecosystem and facilitate digital transformation across various industries[8]. - The company has established a strategic partnership with major collaborators like Yonyou and Kingdee to drive digital transformation in industries such as energy, manufacturing, and high-tech, enhancing its brand influence as a "digital transformation service expert"[13]. - The company has signed a strategic cooperation agreement with the Tianjin Municipal Government to develop the "Tianhong" system, promoting the digital industry ecosystem in Tianjin based on the open-source Hongmeng operating system[22]. - The company has launched a joint customer development center with Baidu to create a standardized framework for intelligent transportation solutions, focusing on areas like vehicle-road collaboration and smart highways[13]. - The company has established the Beijing Institute of Technology - ChinaSoft International Information Technology Innovation Institute to promote the development of open-source ecosystems in various fields[19]. Growth and Market Position - The company ranked 80th among global IT service providers in the Gartner report, marking it as the fastest-growing Chinese enterprise[6]. - The company aims to become a leading player in the IT service sector in China, focusing on quality, value, and meaningful contributions to the industry[19]. - The company has deepened its strategic cooperation with Huawei Cloud, expanding its scale and enhancing marketing efforts in various industry sectors[26]. - The company aims to become the preferred solution provider for digital transformation among government and enterprise clients, contributing to China's digital economy[26]. - The company has expanded its automotive software business, establishing partnerships with major manufacturers such as Geely and Lotus, and ranked in the top 3 IT service providers for Geely[65]. Digital Transformation and Technology Development - Cloud intelligent business revenue continues to grow rapidly, becoming a key driver of non-linear growth for the company[11]. - The company has implemented a "software factory" model to enhance operational efficiency, achieving significant improvements in key indicators such as standard labor cost rate and resource utilization during the reporting period[14]. - The company has focused on building a digital production line with a self-management service model to help clients reduce outsourcing management costs and improve R&D quality and efficiency[16]. - The company provides end-to-end data engineering services, focusing on data platform construction, governance, and application development, with significant breakthroughs in NLP, knowledge graphs, and machine learning technologies[30]. - The company has developed multiple self-researched modules and solution boards for the Hongmeng innovation during the reporting period[24]. Client and Market Expansion - The company has expanded its digital supply chain management services in cities, increasing its coverage to include Wuhan, Changsha, Ningbo, and Zhengzhou, forming a "4+4" city deep cultivation pattern[17]. - The number of commercial and channel partners has increased from over 3,000 to more than 5,000, while the number of solution and ISV partners has grown from over 300 to more than 600[27]. - The company has established 13 joint operation innovation centers in collaboration with Huawei Cloud, ranking first in China's third-party industrial cloud operation model[29]. - The company has expanded its urban coverage from four to eight cities, enhancing its client base in government and enterprise markets[48]. Financial Management and Investments - The company's cash balance as of the first half of 2022 was RMB 4,574,691 thousand, a decrease from RMB 5,578,368 thousand in the same period of 2021[97]. - The net current assets for the first half of 2022 were RMB 8,627,805 thousand, down from RMB 9,534,026 thousand in the first half of 2021[97]. - The group reported a net profit attributable to shareholders of RMB 571,554 thousand for the first half of 2022, representing a 10.4% increase compared to RMB 517,724 thousand in the same period of 2021[98]. - The company has completed strategic investments in leading service providers, enhancing service quality and accelerating the development of its service delivery system[46]. - The company’s financing activities generated a net cash inflow of RMB 302,897 thousand for the six months ended June 30, 2022, compared to RMB 553,290 thousand in the same period of 2021[114]. Corporate Governance - The company has adopted various measures to maintain high standards of corporate governance, adhering to the corporate governance code as per the listing rules[147]. - The company’s board believes that the roles of Chairman and CEO should not be held by the same person, but currently, Dr. Chen Yuhong holds both positions, which the board believes provides strong and consistent leadership[147]. - The company plans to continue enhancing its corporate governance practices to ensure compliance with legal and professional standards[147]. - The company’s board will regularly review governance practices to align with the latest developments and standards[147].

Financial Performance - In 2021, Chinasoft International achieved record revenue and profit, ranking 80th in Gartner's global IT services market for the fourth consecutive year[4]. - The company’s revenue for 2021 reached RMB 18,398,076 thousand, representing a year-on-year growth of 30.5%[54]. - Service revenue increased to RMB 18,132,013 thousand, with a year-on-year growth of 31.8%[54]. - Annual profit rose to RMB 1,136,690 thousand, reflecting a year-on-year increase of 19.9%[54]. - Basic earnings per share grew by 8.0% to RMB 40.89[54]. - The gross profit margin for 2021 was 26.7%, down from 29.2% in 2020, reflecting increased costs[65]. - The group reported a net profit of RMB 1,136,690 thousand for 2021, a year-on-year increase of 19.9%[77]. - The group’s cash balance at the end of 2021 was RMB 5,578,368 thousand, up from RMB 3,815,703 thousand in 2020[76]. Strategic Initiatives - The company established the Intelligent IoT Business Group (ABG) to support its strategic transformation and enhance delivery capabilities, aiming for high-quality and scalable growth[5]. - The establishment of Shenzhen Kaihong Digital Industry Development Co., Ltd. will facilitate the company's entry into the open-source HarmonyOS market, providing strategic opportunities[5]. - The company aims to enter the top 50 global IT service providers by 2023 and the top 25 by 2026, targeting a revenue of $10 billion[13]. - The strategic planning SP301 marks the first year of a critical three-year development phase for establishing a quality and meaningful business portfolio[4]. - The company aims to leverage its strengths in AIoT to build a core ecosystem around the domestic operating system, enhancing its capabilities in cloud, intelligent IoT, and high-end talent[6]. Cloud and Digital Transformation - Chinasoft International's cloud intelligence business experienced significant growth, becoming the top partner in Huawei Cloud's national ecosystem, achieving a 20-fold increase over four years[7]. - The company is focusing on the digital transformation needs of various industries through its leading cloud services and solutions, positioning itself as a preferred provider for enterprise digital transformation[7]. - The company has launched the CloudEasy brand, providing comprehensive cloud services and solutions, significantly reducing costs for enterprises transitioning to cloud services[9]. - The company has developed a range of cloud products and industry solutions, including cloud management platforms and smart financial systems, catering to various sectors such as finance, transportation, and government[16]. - The company has been recognized as a leading provider in cloud migration and development services, maintaining its top position in the market according to IDC reports[29]. Innovation and R&D - The company is committed to creating value for shareholders by fully leveraging its advantages in technology and industry[6]. - R&D expenses increased by 34.3% to RMB 1,249,325 thousand, indicating a strong commitment to innovation[55]. - The company has invested in building a cloud-native self-developed toolchain, promoting DevOps transformation across various industries, including finance and manufacturing[28]. - The company continues to innovate in cloud-native industry solutions, maintaining rapid growth in smart city and smart manufacturing sectors[9]. Market Expansion and Client Engagement - The company has established a presence in over 50 cities across China, focusing on key cities like Suzhou, Nanjing, Chongqing, and Shenzhen to enhance government service coverage[12]. - The company has provided IT services to clients in 47 countries, leveraging partnerships with major multinational corporations to expand its global footprint[26]. - The company added 29 new clients in the financial sector, including domestic and foreign banks, enhancing its market presence[57]. - The company’s business with Tencent continued to grow steadily, expanding its cooperation in areas such as WeChat Pay and live streaming, while also achieving exclusive supply for the WeChat review team[47]. Corporate Governance - The company has confirmed compliance with corporate governance standards and continues to enhance its governance practices[84]. - The board of directors consists of three executive directors, three non-executive directors, and three independent non-executive directors, ensuring a diverse governance structure[85]. - The board is responsible for approving annual and interim results, major acquisitions, and investments, thereby enhancing shareholder value[89]. - The company has appointed independent non-executive directors with appropriate qualifications to safeguard shareholder interests[90]. Environmental and Social Responsibility - The company is committed to enhancing its corporate social responsibility (CSR) practices, aligning with SA8000 standards, and focusing on environmental sustainability and stakeholder engagement[113]. - The total greenhouse gas emissions for 2021 reached 24,192 tons CO2 equivalent, an increase of 30% from 2020's 18,463 tons[182]. - The company aims to maintain stable per capita greenhouse gas emissions, energy consumption, and water usage over the next five years, starting from 2021[181]. - The group has established a customer complaint handling mechanism to improve service quality based on feedback received[134]. Employee Engagement and Development - Employee count grew by 21.2% year-on-year, reaching 92,039 by the end of 2021, with technical staff comprising 95% of the workforce[62]. - The company has implemented flexible working hours and online attendance tracking to improve work-life balance[194]. - Employee turnover rates for 2021: overall male turnover at 28%, female turnover at 30%, and turnover for employees aged ≤30 at 32%[190]. - The company has actively promoted COVID-19 vaccination among employees, facilitating multiple vaccination and testing events[200].

Financial Performance - Revenue for the first half of 2021 reached RMB 8,340,938 thousand, representing a 37.7% increase compared to RMB 6,059,391 thousand in 2020[4] - Service revenue amounted to RMB 8,258,599 thousand, up 38.3% from RMB 5,970,217 thousand in the previous year[4] - Profit for the period was RMB 516,998 thousand, reflecting a growth of 30.2% from RMB 397,107 thousand in 2020[4] - Profit attributable to owners of the company was RMB 517,724 thousand, a 29.0% increase from RMB 401,380 thousand in the prior year[4] - Basic earnings per share increased to RMB 18.92, up 16.6% from RMB 16.22 in the same period last year[4] - Gross profit for the first half of 2021 was approximately RMB 2,293,758 thousand, a 39.1% increase from RMB 1,649,000 thousand in the same period of 2020[86] - The gross profit margin for the first half of 2021 was 27.5%, up from 27.2% in the first half of 2020[86] - The company's mid-term net profit grew over 30%, reaching a new high since its listing[67] - The net profit for the period was RMB 516,998 thousand, compared to RMB 397,107 thousand in 2020, indicating a 30% growth[105] Market Position and Growth - The company ranked 87th in the Gartner global IT services market share, an improvement of 8 positions from the previous year[6] - The cloud intelligent business experienced rapid growth, contributing significantly to the overall revenue increase[8] - The company has established partnerships with over a thousand ISVs across various industries, enhancing its market presence[8] - The company aims to optimize its business structure and enhance its market position as a leading software service provider in China over the next five years[16] - The company has achieved significant growth in its cloud brokerage business, with a steady increase in the number of partners and clients across various high-value industries[19] - The company has expanded its collaboration with major clients such as Alibaba, Baidu, and Tencent, increasing delivery cities to over 50 for Alibaba[57] Strategic Initiatives - The company is focusing on digital transformation consulting and has strengthened its service capabilities in key industries[10] - The FFW strategy is driving high-quality expansion and professional advancement in the company's core business operations[11] - The company is focused on digital transformation for SMEs through the "Digital Gardener" initiative, providing tailored solutions to promote digitalization[16] - The company has established strategic partnerships with major cloud service providers, including Huawei Cloud, Microsoft Azure, and Tencent Cloud, to enhance its cloud solutions and services[18] - The company has launched multiple proprietary modules and development boards in the consumer market, aiming to become a leading provider of HarmonyOS solutions and has partnered with top smart home manufacturers[30] Cloud and Technology Development - The cloud management platform "CloudEasy" has been launched, and the company ranked first in both "cloud migration services" and "cloud development services" in the China Cloud Professional Services Market Insight report[19] - The CloudEasy cloud management platform has integrated with major cloud services including Huawei Cloud and Alibaba Cloud, featuring over 2000 performance indicators for resource monitoring and cost analysis, significantly enhancing cloud efficiency for clients[24] - The company has developed a cloud-native self-research toolchain, completing the MVP version, and is promoting it in the energy, finance, and manufacturing sectors, while also enabling local government clients in DevOps transformation[24] - The company is actively participating in the construction of the HarmonyOS ecosystem, providing full-stack solutions from chips to applications[14] - The company has become a founding member of OpenHarmony and actively contributes source code to expand the influence of the HarmonyOS ecosystem[16] Client Engagement and Projects - The company has successfully delivered multiple benchmark projects in the digital office sector, including contracts with major clients such as GAC Motor and China Earthquake Administration[27] - The platform GTV (Gross Transaction Value) for the "Liberation Number" reached RMB 1.95 billion, with a total of 1,441 projects providing digital services to government enterprises[32] - The number of registered government users increased to 2,956, with active users growing by 52.2% year-on-year to 318[32] - The company has developed over 270 smart park ecosystem partners and 128 hospital park ecosystem partners, with a project aimed at creating the first all-scenario smart hospital in China published in a top medical journal[27] Financial Technology and Services - The financial and banking business has seen steady growth, adding over 20 new clients, with a market coverage rate of over 90% for domestic and foreign clients[36] - The company has successfully launched a blockchain-based enterprise-level supply chain service platform in large state-owned enterprises[36] - The insurance business has shown steady growth, with new clients including China United Insurance, Huatai Insurance, and Taiping Insurance[36] - The company has successfully implemented a label portrait system based on customer tagging solutions, which has been officially put into commercial use[38] - The company has maintained a leading position in the securities business, with ongoing projects such as the Shanghai Stock Exchange system acceptance testing and the DCE data 2.0 platform project[38] Employee and Operational Metrics - Total number of employees as of June 30, 2021, reached 83,178, a 22.3% increase from 67,992 employees as of June 30, 2020[77] - The company's employee compensation for the six months ended June 30, 2021, was approximately RMB 7,078,528,000, an increase from RMB 4,844,011,000 in 2020, attributed to an increase in employee count from 67,992 to 83,178[148] - The company reported intangible asset amortization and depreciation expenses of approximately RMB 23,199,000 and RMB 181,941,000, respectively, for the six months ended June 30, 2021[148] Shareholder and Equity Information - The company declared a final dividend of HKD 0.029 per share for the year ended December 31, 2020, totaling HKD 84,265,513, an increase from HKD 57,481,091 in 2020[129] - The total number of ordinary shares issued by the company as of June 30, 2021, is 2,911,000,000[157] - Major shareholders include Dan Capital Tangkula Limited Partnership and Dan Capital Kunlun Limited Partnership, each holding approximately 377,492,861 shares, representing 12.99% of the total issued ordinary shares[170] - UBS Group AG holds 306,506,198 shares, accounting for 10.55% of the total issued ordinary shares[170] Compliance and Governance - The audit committee, consisting of three independent non-executive directors, reviewed the interim results for the six months ended June 30, 2021, ensuring compliance with applicable accounting standards[175] - No shares were repurchased, sold, or redeemed by the company or its subsidiaries during the reporting period[176]

Financial Performance - In 2020, Chinasoft International achieved record revenue and profit, continuing to rank in the top 100 of Gartner's global IT services market share[5]. - The company aims to reach a sales revenue target of 30 billion by 2023 as part of its strategic planning (SP301)[5]. - The company achieved a revenue growth of 17.1% year-on-year, reaching RMB 14,101,239 thousand in 2020[54]. - Service revenue increased by 18.3% year-on-year, totaling RMB 13,762,185 thousand[54]. - The annual profit attributable to shareholders grew by 26.5% year-on-year, amounting to RMB 954,928 thousand[55]. - Basic earnings per share rose by 23.3% year-on-year, reaching RMB 37.86[55]. - The company maintained a leading position in the construction of intelligent data centers for airports, successfully delivering a data service platform project for a western airport group[26]. - The company has established a strong customer base, including major clients like Huawei, HSBC, Tencent, and Alibaba, providing IT services to clients in 32 countries[64]. - The revenue contribution from the Technology Professional Services Group (TPG) was 87.9% in 2020, with a growth rate of 18.5%[70]. - The total revenue for 2020 was RMB 14,101,239 thousand, a 17.1% increase compared to RMB 12,041,895 thousand in 2019[79]. Cloud Services and Digital Transformation - Cloud intelligent business revenue experienced rapid growth, with a 20-fold increase over four years, and the company established 15 Huawei Cloud capability centers nationwide[6]. - The company became the official regional service center for Tencent Cloud, expanding its cooperation in the government and education sectors[6]. - Chinasoft International's cloud solutions have penetrated various industries, including healthcare, automotive, telecommunications, finance, and retail, achieving significant growth[6]. - The company successfully delivered its first overseas operator customer for its commercial cloud platform, marking a breakthrough in international markets[7]. - The company launched a "one-stop" cloud brokerage platform, "Huaxia Cloud Network," which continues to be upgraded[6]. - The company aims to become a global leading cloud service provider, focusing on increasing the proportion of cloud intelligent business, which is seen as the second growth curve[9]. - The company plans to upgrade IT outsourcing services from traditional IT services to software factories, and expand cloud intelligent solutions to align with digitalization trends[10]. - The company has developed a range of cloud products and industry solutions, including intelligent robots and smart credit systems for the financial sector[13]. - TPG's digital transformation strategy focuses on building end-to-end capabilities in cloud services, with a strong emphasis on "cloud-first" initiatives[19]. - The company has successfully replicated its cloud services from North America to major platforms like Huawei Cloud and Tencent Cloud, providing comprehensive cloud services including consulting, migration, and management[13]. Strategic Partnerships and Collaborations - Chinasoft International ranked first in Huawei's software and technology service supplier performance evaluation, enhancing its position as a strategic supplier[8]. - The company has established a strong strategic partnership with Huawei, focusing on collaborative expansion and ecosystem development[10]. - The company has signed strategic cooperation agreements with 23 city governments, serving 700 government users and delivering 2,800 projects, with 2,300 transactions completed[9]. - The company has established partnerships with major consulting firms for IFRS 17 solutions, marking a significant step in the insurance sector's compliance efforts[31]. - The company has established new collaborations with ByteDance and JD.com, achieving rapid growth and entering the core supplier list for ByteDance's gaming business[47]. Market Position and Growth - The company has over 100 billion in service revenue, ranking in the top 100 of Gartner's global IT service market share[11]. - The company is positioned as a leader in the AIoT market, focusing on the IoT operating system ecosystem and expanding in the Pearl River Delta and Yangtze River Delta regions[10]. - The company has maintained long-term cooperation with over 90% of foreign bank clients in China, expanding into new project collaborations in areas such as TIPS and online payment solutions[30]. - The company has expanded its big data business in the financial sector, maintaining its existing position while continuously moving towards digitalization and high-value services[25]. - The company has achieved significant growth in its Ping An business, opening 9 new clients in the banking, insurance, and fintech sectors, and successfully delivered projects in the healthcare technology field, marking a breakthrough from 0 to 1[59]. Corporate Governance and Compliance - The company believes that the dual role of the Chairman and CEO provides strong and consistent leadership for effective long-term business strategy planning[85]. - The board held four regular meetings during the year to review and approve financial performance and operational results[90]. - The company plans to continue enhancing corporate governance practices to ensure compliance with legal and professional standards[85]. - The company has established a comprehensive risk management framework to identify, assess, and manage significant risks, ensuring they remain within acceptable levels[107]. - The company has established a clear organizational structure and effective filing system for accounting and business transaction records[103]. Environmental and Social Responsibility - The company is committed to strengthening its corporate social responsibility (CSR) framework, aligning with SA8000 standards to enhance its sustainable development and international competitiveness[113]. - The total greenhouse gas emissions for 2020 amounted to 18,463 tons of CO2 equivalent, a decrease from 20,862 tons in 2019, representing a reduction of approximately 6.7%[175]. - The company implemented a resource-saving policy, achieving a water consumption of 229,761 tons in 2020, down from 246,466 tons in 2019, a decrease of about 6.8%[177]. - The company has established an ESG working group to implement strategies and policies related to ESG[171]. - The company has updated its waste disposal partnerships to include firms with professional recycling capabilities, enhancing its waste management practices[174]. Employee Engagement and Development - The company employed a total of 75,956 staff by the end of 2020, a 23.7% increase from 61,380 at the end of 2019[65]. - A total of 191,321 training participations were recorded during the year, with a satisfaction rate exceeding 96%[194]. - The company launched an employee psychological assistance program, establishing a 24/7 psychological hotline and offering professional services to support employee mental health[193]. - The employee turnover rate for male employees was 31%, while for female employees it was 27% in 2020[180]. - The company organized various interactive activities across different regions to enhance employee engagement and organizational atmosphere[186].

Financial Performance - The company achieved a revenue of RMB 6,059,391 thousand for the first half of 2020, representing a year-on-year growth of 9.4% compared to RMB 5,538,248 thousand in 2019[5]. - Service revenue reached RMB 5,970,217 thousand, an increase of 8.7% from RMB 5,493,458 thousand in the same period last year[5]. - The net profit for the period was RMB 397,107 thousand, reflecting a growth of 10.6% from RMB 358,967 thousand in 2019[5]. - The company reported a basic earnings per share of RMB 16.22, up 10.8% from RMB 14.64 in the previous year[5]. - The cost of sales and services for the first half of 2020 was RMB 4,410,391 thousand, up 11.1% from RMB 3,971,495 thousand in the same period of 2019, with a cost-to-revenue ratio of 72.8% compared to 71.7% in 2019[60]. - Gross profit for the first half of 2020 was approximately RMB 1,649,000 thousand, a 5.2% increase from RMB 1,566,753 thousand in the first half of 2019, with a gross margin of 27.2% down from 28.3% in 2019[61]. - Other income for the first half of 2020 was RMB 125,986 thousand, a significant increase of 108.2% from RMB 60,498 thousand in the same period of 2019, mainly due to increased government subsidies[62]. - The company's overall profit margin for the first half of 2020 was 6.6%, slightly up from 6.5% in the same period of 2019[67]. - The mid-term net profit increased by over 10%, reaching a new high since its listing[46]. Cloud Intelligence Business - Cloud intelligent business revenue exceeded RMB 1.2 billion, with a year-on-year growth rate of over 34%[7]. - The company achieved rapid growth in cloud management and professional services, becoming a top 3 player in the IDC China cloud management services market for two consecutive years, with a continuous increase in market share[16]. - The company’s cloud intelligent business revenue reached RMB 1,230,752,000, up from RMB 916,765,000 in 2019, reflecting a growth of approximately 34.2%[94]. - The company believes that its cloud intelligence business is entering a rapid expansion phase, which will continuously drive future performance growth and profit margin improvement[69]. Digital Transformation and Innovation - The company is focusing on digital transformation services, enhancing its Digital-First consulting capabilities to meet the rising demand for digitalization[8]. - The company is focusing on digital transformation consulting services, enhancing overall solution value through enterprise digital transformation, data consulting, and innovation consulting[15]. - The company has implemented a Digital-First approach to digital transformation consulting, helping enterprises build new business capability models and guiding system restructuring[15]. - The company is investing in cloud intelligence services, leveraging emerging technologies such as AI and big data to provide end-to-end cloud services across various sectors, including finance and government[14]. Strategic Partnerships and Collaborations - The company has established a strong partnership with Huawei, becoming a primary distributor for Huawei Cloud in 14 provinces and cities, maintaining the top sales performance[9]. - The company is actively participating in the development of the Huawei HarmonyOS ecosystem, becoming a service partner for Huawei HiLink ecosystem[9]. - The company has established a 10-year strategic partnership with Beijing Institute of Technology to cultivate talent in innovative technology and promote regional cooperation[12]. - The company is deepening its collaboration with Huawei, participating in the development of the HMS Core 4.0 service capabilities[47]. Market Expansion and Client Base - The company has successfully expanded its overseas business, including projects with HSBC and AIA for cloud migration to AWS and Azure[16]. - The company expanded its customer base in the financial and banking sector by adding 12 new clients, including state-owned and private banks, while maintaining long-term cooperation with over 90% of foreign bank clients[29]. - The company has successfully expanded its main data solutions into the real estate sector, signing contracts for major data projects with clients like Unisplendour and Shougang Real Estate[24]. Employee and Workforce Growth - The total number of employees reached 67,992, reflecting a year-on-year growth of 12.5%[52]. - Employee compensation for the six months ended June 30, 2020, was approximately RMB 4,844,011,000, an increase from RMB 4,385,867,000 in the same period of 2019, attributed to an increase in employee count from 60,455 to 67,992[118]. Corporate Governance - The company has adopted various measures to maintain high standards of corporate governance, adhering to the guidelines of the corporate governance code as per the listing rules[120]. - The company established an audit committee to oversee financial reporting and internal control systems, consisting of three independent non-executive directors[139]. - The audit committee reviewed the interim results for the six months ended June 30, 2020, and confirmed compliance with applicable accounting standards and regulations[139]. Financial Position and Assets - As of June 30, 2020, total non-current assets amounted to RMB 2,563,617 thousand, a slight increase from RMB 2,547,070 thousand as of December 31, 2019[77]. - Current assets reached RMB 9,178,317 thousand, compared to RMB 8,198,326 thousand at the end of 2019, indicating a growth of approximately 12%[79]. - Total liabilities decreased from RMB 3,149,763 thousand to RMB 2,010,497 thousand, reflecting a reduction of about 36%[79]. - The net asset value increased to RMB 7,167,820 thousand from RMB 5,048,563 thousand, representing a growth of approximately 42%[79].