TRS(SZ:300229)2022-11-19 03:16Financial Performance - In Q1 2022, the company achieved operating revenue of CNY 190 million, a year-on-year increase of 23.60% [2] - The net profit attributable to shareholders was CNY 21.0027 million, up 66.89% year-on-year [3] - The net profit after deducting non-recurring gains and losses was CNY 10.9660 million, reflecting a growth of 20.53% [3] Business Transformation - The company is transitioning from a software product and customized service provider to a platform-based company, focusing on PaaS, SaaS, DaaS, and KaaS products [3][5] - It has accumulated 120 billion basic data entries, with an average daily increase of 10 million [3] - The company has established nearly 100 categories and close to 3,000 label models in the knowledge asset field [3] Market Opportunities - The demand for digital transformation is experiencing explosive growth, with the company's customer base continuously expanding [3] - The company has covered 80% of ministries, 60% of provincial governments, and 50% of municipal governments in its digital government business [4] - The open-source intelligence market is expected to reach several billion, marking it as a key strategic direction for 2022 [4] Industry Insights - The smart risk control market in China is projected to grow from CNY 14.47 billion in 2022 to CNY 32.70 billion by 2027 [5] - The company has provided services to major state-owned banks and local financial regulatory bodies, with smart risk control revenue exceeding CNY 10 million in 2021 [5] R&D and Innovation - R&D investment accounted for 20.30% of operating revenue in 2021, with a focus on maintaining a reasonable level of capitalized R&D expenditures [6] - The company has launched a digital virtual human SaaS platform, addressing various needs such as digital avatars and virtual hosts [7] Strategic Focus - The company aims to enhance its competitive advantage in natural language processing (NLP) and expand its presence in new industries and the digital virtual human sector [8] - It is actively exploring the integration of virtual humans in traditional manufacturing and e-commerce sectors [7]