The Xinchuang industry is the information technology application innovation industry, which aims to realize the substitution of foreign imported products with the basic software and hardware products independently researched and developed by China. At present, China's IT industry is heavily reliant on foreign manufacturers in the areas of underlying architectures, standards, and products, and key technologies are at risk of being blocked, and national network security is vulnerable to threats. As the external environment becomes more and more complex, the construction of its own IT underlying architecture and standards is imminent.
The state continues to increase its support for scientific and technological innovation, and the IT industry has been elevated to a national strategy. Under the cultivation of national policies, the boom of the CCTV industry continues to rise, and the related demand of the industry chain is expected to continue to release. According to the president's understanding, the scale of China's credit creation ecosystem will reach 800 billion yuan in 2025.
Company highlights: domestic operating system leader;
The company is China Electronics (CEC) network security and information technology plate of the core enterprises, including operating systems, middleware, security products, application systems, including a more complete independent security software industry chain, in the government, tax, finance, power and other national economy, to serve tens of thousands of customer groups in important areas. In 2020, the company invested 1.332 billion yuan in R&D, an increase of 11.93% year-on-year, accounting for as much as 17.99% of the operating revenue. In 2020, the company realized operating income of 7.408 billion yuan, an increase of 27.30%.
Integration of Kirin, building the "PK system": In the field of operating systems, China Software's subsidiary, China Standard Software, and Tianjin Kirin completed the integration in March 2020, renamed Kirin Software. The company has been improving its product ecosystem with the operating system as the core, accelerating the adaptation work with CPU, BIOS, machine, peripherals and other products, which will give it a broad space for continuous growth in the future.
In the database field, Wuhan Damon, in which the company has a stake, specializes in the research and development and sales of domestic databases, with good product compatibility. According to the data of Saidi Consultant, Wuhan Damon ranked first in China's database management system in the domestic database market in 2019.
China Software is a major service provider in the field of national network security and informatization, and along with the gradual implementation of the Xinchuang policy, the future growth space has been opened.
Company highlights: the leader of the domestic machine;
China Great Wall is a large centralized enterprise and leading enterprise in the technological innovation of the network information industry. The company successfully broke through the high-end general-purpose chip (CPU), firmware and other key core technologies, formed a "core - end - cloud - control - network - security" complete product industry ecological chain, and constructed a whole chain of new generation of network information technology and industrial system. 2020 the company realized operating income of 14.446 billion yuan, an increase of 33.22%; realized a non-total net profit of 4.4 billion yuan; and realized a net profit of 4.4 million yuan. Deducted net profit of 498 million yuan, an increase of 1.54%. The first quarter of 2021 is expected to achieve revenue of about 2.912 billion yuan, an increase of about 160%; to achieve net profit of -190-130 million yuan, loss narrowed compared with the same period in 2020.
CPU domestic substitution space is broad, is expected to break the monopoly of overseas manufacturers: According to the data of academician Ni Guangnan, the national party and government agencies use about 20 million computers, if all replaced with domestic CPU, the space is very huge. According to the 2020 annual report, the company currently holds a 31.50% stake in Tianjin Fetion, which is expected to break the monopoly of overseas manufacturers and benefit from the dividends of domestic CPU replacement.
Fetion CPU shipments volume, long-term benefit from the development of the Xinchuang industry: China Great Wall subsidiary Tianjin Fetion is a representative of the domestic use of the ARM architecture, with ARMv8 instruction set architecture of the permanent authorization, is expected to take the lead in the rise of domestic chip manufacturers. Fetion's annual chip sales in 2020 will exceed 1.5 million chips, and by 2024, it is expected to realize revenues of more than 10 billion yuan. As of the end of 20, the number of hardware and software partners has exceeded 1,600, and with the continuous improvement of the industrial ecosystem, Fetion is expected to further open up the growth space.
The company is a large centralized enterprise and a leading enterprise in technological innovation in the network information industry, and its subsidiary Tianjin Fetion's CPU shipments based on the ARM architecture have continued to grow, and along with the continued promotion of the Xinchuang policy, the company's future growth is more expansive.
Company highlights: domestic middleware leader
The company realized revenue of 149 million yuan in the first quarter of 2011, an increase of 489.14% year-on-year; maternal net profit of 0.25 billion yuan, an increase of 160.21% year-on-year; deduction of non-net profit of 0.09 billion yuan, an increase of 123.09% year-on-year.
Middleware products quickly penetrate the government business, revenue performance is bright.
In 2020, the company's growth rate in the government business reached 46.25%; energy business growth rate of 649.05%; financial business growth rate of 81.80%; military business growth rate of 45.77%, the government and key industries rapid growth.
In 2020, the company's middleware in the basic security products to achieve operating income of 269 million yuan, an increase of 55.23%, the company's middleware products and the number of customers to achieve rapid growth in tandem; industry security (network security, intelligent emergency, digital transformation) to achieve revenue of 371 million yuan, an increase of 13.65%. Benefit from the demand of the information and innovation industry to promote.
The CCTV business has a multi-industry layout and synchronized development of the four segments.
Basic software, 2020Q4 rapid growth in demand from government customers, the company is expected to continue to benefit; net information security, the company continues to develop power, medical, financial and other emerging markets.
In terms of intelligent emergency response, the company launched localized government and enterprise DNS equipment products, and completed the localization of adaptation and other work; in terms of the digital transformation of government and enterprises, the company took the data center as the core, in-depth military and industrial data governance and core business.
China's market demand for middleware in 2025 will reach 14.6 billion yuan, the next five years is the industry's golden period of development. With the further expansion of the credit creation industry, domestic middleware vendors have a relatively large advantage. As the industry leader, Dongfangtong's market share will continue to increase.
According to the "Kunpeng computing industry development white paper" forecast, in 2023, the global computing industry investment space will reach 1.14 trillion U.S. dollars, China's computing industry investment space will reach 104.3 billion U.S. dollars, the localization of the replacement of space is broad. With the successful demonstration of the party and government fields, CCTV industry accelerates to finance, telecom, energy, power, medical, education, transportation, public **** business and other eight key industries, domestic information infrastructure is expected to usher in a new round of procurement boom, CCTV industry chain is expected to be further boosted the overall demand.
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