ST实达20240527

Summary of Fujian Shida Group Co., Ltd. 2023 Annual Performance Conference Company Overview - Fujian Shida Group Co., Ltd. was established in May 1988 and listed on the Shanghai Stock Exchange in August 1996, being the first IT enterprise listed in A-shares in China with stock code 600734 [2] - The company is a state-controlled enterprise under Fujian Provincial Big Data Group Co., Ltd. and focuses on four main areas: digital government, big data, artificial intelligence, and computing infrastructure [2] Core Business Performance - In 2023, the company achieved operating revenue of 335 million yuan, a year-on-year increase of 27.89%, with big data business revenue of 326 million yuan, accounting for 97.32% of total revenue and growing by 80.98% year-on-year [2] - The company successfully transformed into the big data sector, reporting a net profit of 37.2 million yuan, a turnaround from loss, with a year-on-year growth of 138.12% [3] - The non-recurring net profit was 29.1 million yuan, up 121.27% year-on-year [3] Financial Metrics - Gross margin reached 41.78%, an increase of 17.47 percentage points year-on-year, marking the highest level since 2018 [4] - Research and development (R&D) expenses totaled 31.2 million yuan, a 73.92% increase year-on-year, representing 9.31% of operating revenue, up 2.47 percentage points [4][5] - The asset-liability ratio decreased to 53.59%, down 8.14 percentage points year-on-year [5] Major Projects and Developments - The company successfully won the bid for the Fuzhou Binhai New City Big Data Computing Power Platform project, valued at 122 million yuan, which has been completed and is operational [6] - The platform aims to provide high-performance computing services for AI model training and inference, aligning with national initiatives for high-quality development of computing infrastructure [6] - In April 2023, the company won the bid for a data cross-border flow service hub project worth 181 million yuan, which is the first comprehensive, one-stop, intelligent data cross-border cooperation service platform in the province [8] Industry Insights - The big data industry in 2022 reached a scale of 1.57 trillion yuan, growing by 18% year-on-year, indicating a robust growth momentum [6] - The company is actively involved in the development of new digital economic infrastructures, including a Hong Kong data disaster recovery and storage center and a cross-border regulatory service platform [10] Future Outlook - The company aims to enhance its operational performance and intrinsic value while responding to national strategies for a digital China and a smart society [11] - It plans to leverage technologies such as big data, artificial intelligence, blockchain, and IoT to assist government and enterprise digital transformation, focusing on expanding its business in big data, digital government, smart education, and cross-border data flow [10][11] Recognition and Achievements - The company has received various honors, including being recognized as a national high-tech enterprise and a leading software enterprise in Fuzhou [9] - It has established a comprehensive quality management system and has been involved in significant projects that contribute to the national digital economy [9]