DCITS(SZ:000555)2020-03-30 16:00Financial Performance - The company reported a total revenue of RMB 970,381,273 for the year 2019, with a cash dividend of RMB 0.39 per 10 shares distributed to all shareholders [8]. - The company's operating revenue for 2019 was ¥10,146,008,170.91, an increase of 11.77% compared to ¥9,077,344,908.68 in 2018 [31]. - The net profit attributable to shareholders for 2019 was ¥375,607,752.77, a significant increase of 792.26% from ¥42,096,244.42 in 2018 [31]. - The basic earnings per share for 2019 was ¥0.3899, compared to ¥0.0437 in 2018, reflecting a growth of 792.22% [31]. - The total operating revenue for the company reached ¥10,146,008,170.91, representing an increase of 11.77% compared to ¥9,077,344,908.68 in the previous year [80]. - The company reported a total of 970,381,273 shares outstanding as of October 31, 2019, with the controlling shareholder holding a 40.14% stake [29]. - The company reported a significant increase in foreign revenue, which rose by 96.07% to ¥69,967,372.58, compared to ¥35,685,305.03 in the previous year [83]. - The company achieved a revenue of ¥5,407,995,244.99 from software development and technical services, which is 53.30% of total revenue, reflecting a growth of 29.37% [83]. - The financial technology business achieved revenue of 3.899 billion yuan, reflecting a year-on-year growth of 11.29%, with a gross margin of 18.73%, up by 2.35 percentage points [66]. Dividends and Profit Distribution - The company has not proposed any bonus shares for the current financial year, focusing solely on cash dividends [8]. - The total cash dividend amount for 2019 is 37,844,869.65 CNY, which represents 100% of the distributable profit [159]. - The company did not distribute any stock dividends or increase capital from the capital reserve in the 2019 profit distribution plan [159]. - The cash dividend for the 2018 fiscal year was 0.35 CNY per 10 shares, based on a total share capital of 963,431,273 shares, and was successfully implemented on June 11, 2019 [153]. - The cash dividend amount for 2019 represents a significant increase compared to the previous year, reflecting the company's commitment to returning value to shareholders [158]. - The company has maintained a consistent cash dividend policy over the past three years, with clear standards and procedures [153]. Risks and Compliance - The company has outlined potential product technology risks and market competition risks in its annual report [4]. - The company emphasizes the importance of accurate financial reporting, with key executives confirming the authenticity and completeness of the financial statements [6]. - The company is committed to addressing human resource risks as part of its ongoing development [8]. - The company has confirmed that there are no violations of social insurance or housing fund regulations for its subsidiaries during the reporting period [166]. - The company has maintained compliance with its commitments regarding related party transactions, ensuring fair pricing and proper disclosure [171]. Market Strategy and Development - The company plans to expand its market presence and enhance its product offerings as part of its future development strategy [7]. - The company aims to extend financial services to small and micro enterprises and the "three rural" areas by leveraging its understanding of industry data and scenarios [52]. - The company is actively exploring new business models that integrate technology, industry, and finance, particularly in the context of the "silver tax interaction" policy [52]. - The company is focused on driving financial technology development through innovations in artificial intelligence, big data, and blockchain [52]. - The company is expanding its market presence, targeting a 25% increase in market share within the next two years [180]. Research and Development - The company has established multiple R&D centers in cities like Xi'an, Beijing, and Guangzhou, with Xi'an being one of the earliest and largest software development bases in the domestic financial industry [57]. - Research and development expenses increased by 58.54% to ¥374,946,590.50, reflecting a significant investment in R&D [93]. - Ongoing research and development efforts are focused on enhancing existing software solutions, with an investment of 100 million RMB allocated for this purpose [180]. - The company completed significant R&D projects, including a distributed new core project and various AI-related solutions [95]. Partnerships and Collaborations - The company has established partnerships with major firms like Huawei and Loongson to enhance the adaptation and application of foundational software and hardware products in the financial sector [51]. - The company has established partnerships with various research institutions to enhance innovation in fintech, focusing on blockchain and big data applications [73]. - The company has served over 800 clients in the financial sector, including central banks, state-owned commercial banks, and various other financial institutions, establishing a strong brand image and extensive partnerships [58]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12% [180]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on rural information technology solutions [180]. - A strategic acquisition is planned, which is expected to enhance the company's service offerings and increase overall competitiveness [180].