Geovis(SH:688568)2022-04-12 16:00Financial Performance - The company reported a total revenue of 1,392,762,873.00 with a net profit of 202,001,111.82, indicating strong financial performance[74]. - The company's operating revenue for 2021 was CNY 1,039,947,273.81, representing a year-on-year increase of 48.03%[19]. - Net profit attributable to shareholders for 2021 reached CNY 220,305,673.15, a growth of 49.41% compared to the previous year[19]. - The company achieved profitability through the sales of GEOVIS software and data services, as well as system integration, with a focus on exploring online operational profit models for the GEOVIS Online project[44]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in 2021, representing a year-over-year growth of 20%[133]. - The company provided guidance for the next fiscal year, projecting revenue growth of 15% to 1.725 billion, driven by new product launches and market expansion efforts[133]. Research and Development - Research and development expenditure accounted for 15.26% of operating revenue, up by 1.72 percentage points from the previous year[20]. - The total R&D investment increased by 66.79% compared to the previous year, amounting to ¥158,648,915.50[66]. - The company applied for 188 new intellectual property rights, including 22 invention patents and 86 software copyrights during the reporting period[65]. - The company invested a total of ¥40 million in the application carrier platform R&D project, with a cumulative investment of ¥23.06 million, achieving significant advancements in digital earth visualization technology[69]. - The company is focusing on the integration of AI and big data technologies to enhance its meteorological services, aiming for broader industry applications[73]. Market Expansion and Strategy - The company is expanding its digital earth applications across various sectors, including agriculture, meteorology, and emergency response, to capitalize on market opportunities[80]. - The company aims to expand its market presence through the development of new products and technologies, including the GEOVIS smart management product line[76]. - The company is exploring new application scenarios in tourism, education, e-commerce, and media, aiming to extend its digital earth products to end consumers[74]. - The company plans to enhance its market influence by expanding sales layouts in smart government, meteorological ecology, aerospace measurement and control, and enterprise energy sectors[122]. - The company is shifting its business model from offline delivery to online operations, adapting to the increasing demand for cloud-based services[59]. Corporate Governance - The company has received a standard unqualified audit report from its accounting firm[4]. - There are no non-operating fund occupations by controlling shareholders or related parties[7]. - The company does not have any special arrangements for corporate governance[8]. - The company has established a comprehensive training program to enhance employee capabilities and knowledge sharing[156]. - The company has improved its internal control system and governance structure in compliance with relevant laws and regulations, enhancing operational stability[162]. Shareholder and Management Information - The company has a cash dividend policy that is clearly defined and followed, ensuring the protection of shareholders' rights[157]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to RMB 6.03 million[143]. - The company has a commitment to report any changes in shareholding by its directors and senior management[183]. - The company has established a compensation and assessment committee under the board of directors to formulate and implement compensation plans for senior management[161]. - The company has a stable management team with no changes in shareholding during the reporting period[130]. Technological Advancements - The company developed the GEOVIS iBEST-DB V6.0 spatiotemporal database, achieving unified storage and computation of high-resolution imagery and Beidou positioning data, supporting access to 10 billion spatiotemporal location data in seconds and PB-level grid data analysis[34]. - The GEOVIS iCenter V6.1 platform provides capabilities for spatiotemporal big data integration, storage, organization, distribution, sharing, and analysis, significantly improving data query and distribution efficiency[35]. - The company has developed a new generation digital earth GEOVIS iBASE based on the Beidou grid theory, enhancing its core technology capabilities[61]. - The company is actively developing the GEOVIS Online service platform to broaden its application in the public domain[33]. - The company has established a national advanced computing industry innovation center as part of its strategic initiatives[143]. Risk Management - The company has disclosed potential risks in its report, urging investors to be cautious[6]. - The company is addressing potential risks related to management complexity and market competition as it expands its operations[81]. - The company is implementing a procurement management system to ensure project delivery efficiency and quality control of purchased products and services[45]. - The company is addressing major technical barriers in data acquisition, processing, storage, visualization, and application to enhance the usability of satellite capabilities[50]. - The company has not reported any significant risks identified by the supervisory board during the reporting period[153]. Social Responsibility - The company is committed to ESG practices and aims to enhance its social responsibility and governance quality[164]. - The company donated a total of RMB 21.20 million for scholarships and charitable contributions during the reporting period[167]. - The company signed a donation agreement to contribute RMB 1.05 million over five years to support education and research at the University of Chinese Academy of Sciences[168]. - The company provided RMB 8.02 million in monetary donations and RMB 1.98 million in material donations to support local education and social initiatives in Ba Lin Zuo Qi[169]. - The company has developed a real-time panoramic carbon emission digital earth system in collaboration with Tsinghua University to monitor carbon emissions effectively[166].