Revenue exceeded 90 billion, cloud revenue increased by nearly 80% year-on-year, and Digital China's 2020 annual performance reached a new high
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Digital China Group Digital China Group yesterday
On March 30, Digital China Group Co., Ltd. (abbreviation: Digital China, stock code 000034.SZ) announced its 2020 annual results. Grasping the historic opportunity that the country’s favorable policies for cloud computing and the credit creation industry continue to increase, in 2020, Digital China will actively defeat the epidemic, and its performance will grow against the trend. The "cloud + credit creation" strategic business has achieved breakthrough development and competition in sub-sectors. Advantages and first-mover advantages are further highlighted.
During the reporting period, Digital China achieved operating income of 92.060 billion yuan, a record high; deducted non-net profit of 652 million yuan, maintaining growth against the trend; operating net cash flow of 1.457 billion yuan, an excellent performance. Among them, the cloud computing and digital transformation business achieved outstanding performance, achieving operating income of 2.666 billion yuan, an increase of 74.19% year-on-year, and a four-year compound growth rate of 136.32%; self-owned brand business revenue reached 727 million yuan, an increase of 31.51% year-on-year, and Xinchuang business revenue was completed Break from 0 to 1. In addition, in 2020, Digital China invested 182 million in R&D, an increase of 23.11% year-on-year, and continued to consolidate its technology and R&D capabilities.
Cloud computing and digital business:
Deepen the layout and accelerate the release of potential energy
Grasping the "new infrastructure" empowering digital technology leap forward, and driving cloud computing to help enterprises accelerate the reconstruction of new opportunities for digital bases, in 2020, Digital China will rely on full-stack cloud service capabilities to continue to consolidate accumulation and deepen its layout, and in ecological construction, technology R&D, business development, customer service, etc. have all made great progress. The competitive advantages in sub-sectors have been further highlighted, and the industry status and market influence have been widely recognized.
During the reporting period, Digital China’s cloud resale business revenue was 2.376 billion yuan, a year-on-year increase of 89.57%; cloud management services (MSP) and digital transformation solutions (ISV) business revenue was 290 million yuan, maintaining a high gross profit level.
In terms of cloud management services (MSP) , Digital China has further enhanced the full life cycle cloud management service capabilities of consulting, migration, operation and maintenance, optimization, security, training, etc., and broadened the cloud partner ecosystem with "3A" as the core. Level customers provide deeper and broader comprehensive automated cloud management services.
During the reporting period, Digital China acquired 60% of GoPomelo's equity and expanded its presence in Google Cloud and Southeast Asian markets, becoming the only domestic multi-cloud technology company covering the world's five largest public clouds. In addition, Digital China continued to deepen its in-depth cooperation with AWS, Azure, and Alibaba Cloud. Full score passed the AWS management service capability audit and reached a strategic cooperation with AWS, becoming its only VAP partner in China; it was the first to pass the 2020 Microsoft Azure Expert MSP partner audit, Become the only cloud service provider in China that has passed the latest V1.8 version certification; and become one of the core partners in the Alibaba Cloud ecosystem that integrates multiple identities such as national distributors, diamond partners, and MSP core partners. One. After ranking first in IDC's "China's Third-Party Cloud Management Service Market Share Report, 2019", Digital China was listed in Forrester's "China Hybrid Cloud Management Software Report for the Fourth Quarter of 2020", ranking the first echelon, and for the first time It was included in the Asia-Pacific Public Cloud Hosting and Professional Service Provider Entry Manual issued by the world-renowned organization Gartner, achieving full coverage of the three top consulting institutions for the first time, and the cloud management service capabilities have been recognized by many parties again.
In terms of data business , Digital China, based on the strong technical strength and rich experience accumulated over the years of serving leading customers in the industry, continues to provide customers including Fortune 500 companies in the retail, fast-moving, automotive, cultural and tourism, and financial industries. Professional services have been recognized by more customers.
During the reporting period, Digital China's TDMP data desensitization system version 3.0 was released. The built-in AI algorithm has significantly improved the accuracy of sensitive information discovery for irregular data. It has taken the lead in similar products in the industry and has successfully passed the TaiShan200 series of servers and Kylin software compatibility In the test, it was rated as the "preferred" data service provider of Anhui Rural Credit Union. While continuing to serve Ping An Technology and Ping An Bank, it successfully signed the desensitization project of Ping An Life's big data platform, which was repeatedly recognized by customers; the customer data platform Bluenic 2.0 version was released , Relying on cross-channel data integration, unique customer ID algorithm, omni-directional labeling system, as well as core technologies and capabilities such as advertising data return technology, intelligent traceability, intelligent exchange, and advertising optimization algorithms, to help marketers truly support data Planning, design and implementation of the entire marketing campaign; the Bluemo multi-cloud billing management platform is launched to fully help enterprises reduce costs and increase efficiency; at the same time, relying on data strategy consulting and service capabilities, a financial retail customer label management system based on machine learning, and scenarios based on knowledge maps 300+ data solutions such as fraud detection system, hotel industry dynamic pricing revenue management model set, and ultra-high-dimensional supply chain inventory intelligent optimization have been implemented in multiple industries, and have obtained a number of software copyrights and patents.
In addition, during the reporting period, two security products operated by Digital China, VM-Series and Panorama, were successfully selected as Alibaba Cloud best practices, and the high-performance computing platform Rescale's SaaS Hosting cooperation project was also implemented, providing computing power for high-end industries . China Vision Pro cloud platform was officially released, positioning the enterprise-level global cloud video service, focusing on key scenarios in "cloud", "pipe", and "end" three-dimensional efforts, and won the recognition of many industry-leading customers. Kunpeng Supercomputing Center signed a cooperation agreement with Xiamen Public Security Bureau, Xiamen Information Center, Xiamen University and other demanding units, and successfully established a new benchmark for computing power application. It was awarded the "People's Daily Online 2020 Outstanding Case of Science and Technology Innovation Frontier Enterprise" and served as a typical case Selected into the "White Paper on the Development of Government Cloud Data Center".
Xinchuang business: the layout is advancing by leaps and bounds,
Ten billion valuation opens up a new future for Xinchuang headquarters base
Based on the beginning of the "14th Five-Year Plan", the acceleration of the Xinchuang industry has become an important driving force for industrial upgrading and the development of the digital economy, demonstrating the strong momentum of vigorous development and ushering in a golden opportunity period. Focusing on “core technology innovation, core product research and development, and core business controllable”, in 2020, Digital China will launch a new layout in the Xinchuang industry and complete the breakthrough of “from 0 to 1” based on the Kunpeng architecture. Customer-centric, smoothly building products, Complete business systems such as research and development, solutions, marketing, operations, supply chain, and services, and achieve important breakthroughs in marketing, ecology, and many other aspects.
In terms of products , the current Digital China Xinchuang business has released including China Kuntai server, China Kuntai desktop, China Kuntai application server all-in-one, China Kuntai HPDA all-in-one, China Kuntai big data all-in-one, China Kuntai Diversified products, including storage products, cover multiple product lines from PCs, all-in-ones, to diversified servers that support cloud computing power, and all-in-ones for diversified solutions.
In terms of marketing , Digital China's Xinchuang business has achieved a breakthrough in operating income from 0 to 1, and successfully won the bid for China Mobile Information's 2020 first-level IT cloud resource pool complete cabinet customized server procurement project, 2020-2021 China Unicom general server concentration Procurement projects and many other operators have large orders, and they have been delivered in Anping, government and enterprises, the Internet, finance and other industries to promote the transformation of value.
In terms of ecological construction, Digital China has signed cooperation agreements with 15 partners including Kylin Software Co., Ltd. and Tongxin Software Technology Co., Ltd.; strengthened cooperation with Tianjin Feiteng, Chengdu Shenwei, Shanghai Zhaoxin, Lanqi Technology, Jingjiawei Domestic manufacturers such as electronics have deep strategic cooperation in the field of semiconductor chip promotion and solutions; and have completed certification with 66 companies and 111 software products, and the ecological layout of Xinchuang has set sail.
In addition, the headquarter base of Digital China Xinchuang has been unveiled in Hefei. Hefei Construction Investment, Hefei Bintou, and Hefei Binhu Financial invested 2 billion in cash to participate in the construction, and gave a post-investment valuation of 10 billion to increase the business of Digital China Xinchuang. Research and development efforts, rapid expansion of scale to open up a new future.
IT distribution and service business:
Overcome the impact of the epidemic and achieve steady growth
During the reporting period, Digital China worked together to effectively overcome the adverse effects of the new crown epidemic, continued to maintain the steady growth of IT distribution and service businesses, and achieved rapid growth in new business areas such as AI and IoT; Huawei, PC, microelectronics and other businesses continued to maintain Good growth. At the same time, Digital China has further strengthened the management of business opportunities and core channel construction, and improved the level of refined management; the operation level and capital utilization efficiency continued to be optimized on the basis of maintaining industry leadership, inventory turnover rate, accounts receivable turnover rate, and cash turnover rate Other indicators continued to improve, and cash flow maintained an excellent level.
Guo Wei, chairman and president of Digital China Group, said that 2021 is the first year of the "14th Five-Year Plan" and the centenary of the founding of the party, which is a very important turning point in the development of China. Facing the huge opportunities brought by the three disruptive innovations in the digital economy era, Digital China will adhere to innovation-driven development, strengthen the innovative application of key digital technologies, promote digital empowerment and coordinated transformation of the entire industry chain, comprehensively shape new development advantages, and promote digital China Construction.