August 12 evening, Qixingchen (002439.SZ) released 2022 half-yearly report, the report shows that the company realized operating income of 1.214 billion yuan, an increase of 0.18%; last year, the strong investment in technology and marketing to achieve significant results, the formation of a good layout, excluding the impact of hardware revenue from the network security integration project, the operating income over the same period of the previous year, an increase of 16.28%. Comprehensive gross profit margin increased by 6.3 percentage points.
QSIQ said that during the reporting period, the new Crown pneumonia epidemic spread to many points, the company and the upstream suppliers operating activities have been affected. The company's marketing model is based on direct sales, the impact of the epidemic is more sensitive and direct, the epidemic delayed the implementation of some of the contracts, delivery and acceptance, the sales staff and downstream customers of the marketing work is also delayed accordingly, the company's performance to a certain extent. With the effective control of the epidemic, the company actively responded to short-term difficulties, and pushed forward the resumption of work and production, and the order growth rate in June quickly recovered.
Healthy and steady development has signed a succession of large orders of business
QSIQ adheres to healthy and high-quality development. During the reporting period, excluding the impact of network security integration project hardware revenue, the company's operating income increased by 16.28% over the same period last year. The company realized a consolidated gross profit of 815 million yuan, an increase of 10.59% over the same period of the previous year, the consolidated gross profit margin to maintain a high level, the consolidated gross profit margin increased by 6.3 percentage points. The increase in personnel brought about by the company's strong investment in the previous year led to the continued increase in personnel expenses in the current reporting period, and the company's expenses increased by 24.72% year-on-year. However, the company's expense investment narrowed compared with the same period of the previous year, realizing cost reduction and expense control. At the same time, the company continued to strengthen the management of accounts receivable, at the end of the reporting period, the company's accounts receivable decreased by 264 million yuan compared with the beginning of the year, down 8.84%.
The company's order growth rate recovered rapidly in June. Security operation center and data security strategy fast and steady progress, cloud security business in operators, government, finance, energy and other industries have repeatedly won orders. on June 17 the company and China Mobile Capital signed the "investment and cooperation agreement", the information was announced, in a short time the company and China Mobile to carry out practical strategic and business planning work, and has entered a high frequency of strategic interaction and synergy state. At present, the two sides strategic cooperation signing, large project signing and other business synergy work docking intensive and smooth progress. The company has signed a strategic cooperation agreement with CMCC Shenzhen and a strategic cooperation agreement with CMCC International; the company has signed a contract with CMCC Shaanxi Branch and CMCC Shaanxi Shangluo Branch on a city's snow bright project, with a contract amount of more than 80 million yuan; it has been successfully shortlisted for CMCC's 2022-2024 Web application firewall equipment collection and procurement, with an amount of more than 10 million yuan; and it has joined hands with CMCC in the northwest, Southwest and other regions to land medical industry, government and enterprise customers, IoT security and other projects.
Digital economy is coming to Qixingchen with promising future growth
2022 is the key year of the national "14th Five-Year Plan and 2035 Vision Outline", and the digital transformation of the whole industry is accelerating, as the basic security for the healthy and sustainable development of the digital economy, network information security is an indispensable component for the development of the digital economy, and has become a key factor in the development of digital economy. As the basic security guarantee for the healthy and sustainable development of the digital economy, network information security is an indispensable component for the development of the digital economy and has become an important part of national security. The network security industry has also ushered in a new opportunity for development, and is moving towards a market scale of hundreds of billions of dollars.
Relying on its core technical advantages, rich operational experience and forward-looking strategy, Qisda uses scenario-based thinking to carry out security native innovation and scenario-based innovation, focusing on the layout of eight directions: data elementalization security, big data AI security analysis, cloud security management and control, industrial digitalization security, zero-trust security, threat intelligence, cyberspace security range simulation and localized security. Leads the industry's future most attractive data security plate, industrial digitalization security plate and new computing power security plate and other high-growth industry segments of the integration of innovation and development.
The second (interim) meeting of the fifth session of the Board of Directors of the Company held on June 17, 2022 considered and passed the Investment Cooperation Agreement signed between the Company and CMCC Capital, which stipulates that CMCC Capital, as a specific object, intends to subscribe for 284,374,100 shares of the listed company's non-public issuance of shares in cash, and that after the completion of the issuance, CMCC Capital directly holds 23.08% of the listed company's shares.
After the completion of the transaction, Qixingchen, as a professional subsidiary of China Mobile and the leader of the security sector, will become an important security cornerstone of China Mobile's power building, which is a major strategic upgrade of the company from network security to business security and data security. As the main force of information infrastructure construction and operation, China Mobile has natural digital genes such as network, data and technology, as well as massive data and rich digital scenarios, and has accumulated valuable experience in the integration and innovation of digital and intellectual applications in the process of digital development, and has become the backbone of the development of digital economy. Combining with Qixingchen's core technology can optimize the inherent innovation method, create competitive boards, and form differentiated advantages, which is conducive to the company's grasping of the industry's development opportunities, and actively building a national team of the network security industry and escorting the main force of digital China, and helping the company to achieve leapfrog development.
Currently, the company has launched in-depth docking cooperation with China Mobile from the strategic level, technical research, product on the shelf into the library, channel cooperation, customer resources **** to enjoy, and is rapidly integrated into the external business of China Mobile in the management of the construction of the war system; at the same time, based on the requirements of China Mobile's two-iron, four-safety capacity framework, to comprehensively support the construction of its internal and external security capabilities.
QSIQ will give full play to its synergistic advantages with China Mobile, use scenario-based security thinking and best practices for security native innovation and scenario-based innovation, focus on the layout of data elementalization security, big data AI security analysis, cloud security management and control, industrial digitization security, zero-trust security, threat intelligence, cyberspace security range simulation, and localized security and other key directions, and strengthen security operations. Center layout and landing, continue to lead the industry's future most attractive data security plate, industrial digital security plate, new computing power security plate and other high-growth industrial plate integration innovation and development, continue to enhance the company's profitability.
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