Haoyun Technologies(SZ:300448)2022-12-03 09:50Group 1: Company Performance Overview - In 2017, the company's total revenue was 570 million CNY, a year-on-year increase of 4.56% [4] - Operating profit reached 134 million CNY, with a significant year-on-year growth of 44.48% [4] - Net profit attributable to shareholders was 111 million CNY, maintaining a continuous growth trend for four years [5] - The company's sales net profit margin improved to 19.51% and the gross profit margin reached 49.07% in 2017 [5] Group 2: Revenue Structure - Revenue from the financial sector was 446 million CNY, while the judicial and public safety sectors generated 35 million CNY and 42 million CNY respectively, showing year-on-year growth of 3.40%, 59.24%, and 100.00% [5] - The company has significantly increased its revenue share from the Internet of Things (IoT) sector [4] Group 3: Shareholder Returns - The profit distribution plan for 2017 included a cash dividend of 1.02 CNY per share (tax included) and a capital reserve transfer of 8 shares for every 10 shares held [4] - The company has consistently maintained a cash dividend payout ratio exceeding 20% of the distributable profits since its listing in 2015 [4] Group 4: Strategic Development - The company focuses on a smart IoT platform based on Industry 4.0, emphasizing scalable customization, smart management, and value creation through AI and big data [6] - Strategic initiatives include establishing a wholly-owned IoT technology company in Chongqing and partnerships in cloud computing and big data [7] Group 5: Market Opportunities - The smart prison market has a potential investment space of approximately 7.5 billion CNY, with around 750 prisons in China needing smart prison platforms [8] - The smart community correction market includes about 800,000 individuals, presenting significant business expansion opportunities [8] - The company has signed contracts for public safety projects, including a 85 million CNY contract with Beijing Tongzhou Public Security Bureau [8]