BEYONDSOFT(SZ:002649)2023-03-07 12:10Company Overview - 博彦科技 was established in 1995 and has a global IT service layout, maintaining stable cooperation with major clients like Microsoft since its inception [2]. - The company has developed delivery centers in overseas markets, including Japan and the United States, and has expanded its financial IT services through significant acquisitions [2]. Business Model - 博彦科技 primarily operates on a B2B model, serving leading enterprises across various industries, with a focus on product solutions, R&D engineering services, and IT operations maintenance [3]. - The company aims to meet clients' digital transformation needs through its solution-oriented business, which has become a key investment direction in recent years [3]. Industry Focus - The company focuses on three main sectors: finance, internet, and high-tech industries, with a strong emphasis on financial IT services due to the high demand and growth potential [3][6]. - Financial IT services have shown rapid growth, with expectations to become a leading comprehensive IT service provider in the next five years [3]. Revenue Distribution - Currently, the revenue distribution is approximately 70% domestic and 30% overseas, with plans to shift focus more towards the domestic market while exploring opportunities in Southeast Asia and countries along the Belt and Road Initiative [3]. Financial Performance - The company has maintained a strong cash flow and a compound annual growth rate (CAGR) in performance over the past decade, which is considered commendable among A-share computer companies [4]. - The gross profit margin has been on the rise, and the company anticipates further improvement in profitability in 2023 due to favorable macroeconomic policies [4]. AI and Digital Transformation - 博彦科技 is actively exploring opportunities in AI, including partnerships with major players like Microsoft and involvement in projects related to ChatGPT and other AI applications [4][6]. - The company is also focusing on digital transformation, including data processing and analysis, as part of its service offerings [5]. Future Outlook - The financial IT market is expected to grow significantly, driven by digital transformation and regulatory demands, while the internet sector faces challenges due to policy adjustments [6]. - The company is optimistic about maintaining growth in its financial services and is cautiously optimistic about its internet business despite recent slowdowns [6]. Strategic Collaborations - 博彦科技 has invested in Shanghai Nuoqi Technology to enhance its capabilities in intelligent risk control and expand its financial client base [5]. - The company emphasizes collaboration with cloud vendors and other partners to strengthen its solution offerings and improve service quality [7].