SCIYON(002380)2023-04-25 16:00R&D and Innovation - The company's R&D expenditure in 2022 totaled 116.93 million yuan, accounting for 10.1% of its operating revenue[43] - In 2022, the company added 23 new patents, including 6 invention patents, bringing the total number of valid patents to 211[43] - The company has a robust R&D and technical advantage, with multiple high-level R&D platforms and numerous provincial and national-level projects[42] Market Expansion and Business Units - The company has established 17 business units and major customer centers nationwide, enhancing market penetration and customer relationships[43] - The company has expanded its business into urban internet and energy internet, focusing on smart sanitation and new energy investment and operation[39] Energy and Power Business - The company's energy and power business showed signs of recovery, with significant wins in large-scale power plant control systems, including projects like Zhejiang Energy Yueqing Power Plant Phase III and Shenzhen Energy Guangming Power Base[44] Industrial Internet and Smart Manufacturing - The company's industrial internet platform has been instrumental in advancing smart factory applications, including projects with Jiangsu Shagang Group and Shandong Xinfu[45] - The company's product platform advantage lies in its ability to integrate IT and OT, providing comprehensive smart manufacturing solutions[41] Brand and Certifications - The company has a strong brand advantage, being ranked among the top three in the domestic industry and holding multiple certifications including ISO9001 and CMMI Level 5[40] Xinchuang Ecosystem - The company has actively participated in the construction of the Xinchuang ecosystem, completing product compatibility and mutual certification with multiple domestic manufacturers[46] Fundraising and Capital Allocation - The net proceeds from the company's initial public offering were RMB 630.9268 million, with a total usage of RMB 619.4765 million by the end of 2015[74] - In 2016, the company raised RMB 936.1428 million through a private placement, with net proceeds of RMB 914.618 million after deducting underwriting and other issuance costs[74] - The company terminated the "Intelligent Technology-based Energy Optimization System Research and Industrialization Project" and reallocated the unused funds to the "Energy Internet Smart Application Peixian Demonstration Project"[75] - As of the reporting period, the cumulative change in the use of raised funds amounted to RMB 869.7726 million, accounting for 56.28% of the total raised funds[75] Project Investment Progress - The "Energy Internet Smart Application Peixian Demonstration Project" achieved an investment progress of 86.03% with a cumulative investment of RMB 341.755 million[78] - The "Energy Internet Smart Application Susong Demonstration Project" achieved an investment progress of 101.00% with a cumulative investment of RMB 76.0072 million[78] - The "Energy Internet Smart Application Lingbi Demonstration Project" achieved an investment progress of 81.69% with a cumulative investment of RMB 288.1629 million[78] - The "Cloud-based Virtual Factory Intelligent Manufacturing System Research and Industrialization Project" was fully completed with a total investment of RMB 104.6073 million[78] - The "Industrial Internet-based Smart Power Plant Research and Industrialization Project" was fully completed with a total investment of RMB 78.102 million[78] - The "Intelligent Technology-based Energy Optimization System Research and Industrialization Project" was fully completed with a total investment of RMB 25.7581 million[78]