Changjiang Business Daily News Changjiang Business Daily reporter Shen Yourong

The mobile phone HarmonyOS system is coming! Companies that cooperate with Huawei have also surfaced. A-share company Zhongke Chuangda (300496. SZ) is one of them.

Zhongke Chuangda was established in 2008. After 12 years' development, the company has grown into the world's leading provider of intelligent operating system products and technologies.

As a technology-driven enterprise, Zhongke Chuangda not only insists on independent innovation, but also pays attention to cooperative innovation with leading enterprises in the global industry. The company cooperates with Qualcomm, Intel, TI, Sony, QNX, NXP and other global giants to operate several joint laboratories, and cooperates with Huawei in research and development.

In terms of R&D investment, Zhongke Chuangda spared no expense. In 20 19, nearly 20% of the company's operating income was invested in research and development. The company has more than 6,000 employees worldwide, more than 90% of whom are engaged in research and development.

In recent years, Zhongke Chuangda has achieved rapid growth in operating performance. In the first three quarters of this year, the company realized a net profit attributable to shareholders of listed companies (referred to as net profit) of 292 million yuan, a year-on-year increase of nearly 90%.

In the secondary market, as of June 165438+ 10/0, the share price of zhongke chuangda was 92.58 yuan/share, which doubled from 45. 14 yuan/share at the beginning of the year.

Joint research and development with Qualcomm and Intel.

In the era of rapid development of science and technology, how can we not lag behind and stay ahead? The practice of Zhongke Chuangda can be used for reference.

In March 2008, Zhao Hongfei, then 34 years old, started a business in Beijing and founded Zhongke Chuangda. At this time, Zhao Hongfei, who graduated from Beijing Institute of Technology and majored in computer application, worked in a joint venture company established by NEC (Nippon Electric Co., Ltd.) and Institute of Software Research of Chinese Academy of Sciences, and has been involved in the operating system field for many years. Zhongke Chuang became the first company in China to develop software for Android system.

Forward-looking judgment and layout enable Zhongke Chuangda to lead the industry. 20 10 when the Android system broke out in China and the capital scrambled for layout, Zhongke Chuangda had already become an industry benchmark and a close partner of chip manufacturers such as Qualcomm, Intel, NVIDIA and many mobile phone terminal manufacturers.

Zhao Hongfei, a technical background, led Zhongke Chuangda to use technology to open the way, expand its territory around the world and grow into a global leading enterprise. By 20 18, the company has grown into the world's leading mobile intelligent terminal software technology provider.

Zhongke Chuangda said in the financial report that the company is the world's leading provider of intelligent operating system products and technologies. The company's core technology covers the technical field of intelligent operating system in an all-round way, and it is a rare operating system technology company at home and abroad that can provide comprehensive technical coverage from chip layer, system layer, application layer to cloud. The company has formed its own IP and core key technologies in the fields of communication protocol stack, operating system optimization, system security, graphics and image processing, artificial intelligence algorithm and so on.

The reporter of Changjiang Business Daily found that there are two main paths in the technical layout of Zhongke Chuangda, namely independence, cooperative research and development, and acquisition, which are commonly referred to as endogenous and extension.

Zhongke Chuangda's R&D team consists of more than 5,000 R&D engineers, accounting for more than 90% of the company's total employees. Through 12, the company continues to independently research and develop, and has advanced core technologies and products in the underlying technology of operating system, intelligent vision engine, new generation intelligent cockpit, terminal security, human-computer interaction, intelligent module and so on, which are widely used in various intelligent terminal products.

By the end of June this year, the company had more than 65,438+0,000 independently developed technology patents and software copyrights.

In order to track the cutting-edge technology of R&D industry, Zhongke Chuangda not only independently develops and innovates, but also cooperates with the world's leading industry enterprises. At present, the company has established several joint laboratories with Qualcomm, Intel, TI, Sony, QNX and NXP. And set up an industrial investment fund with Chongqing Kong Lin Yuanxiang Equity Investment Fund, Chongqing Angel Investment Guidance Fund and Northern Lights Venture Capital * * * to integrate resources to help innovation and provide an industrial platform for all kinds of enterprises and innovative entrepreneurs in the intelligent terminal industry chain.

It is worth mentioning that Zhongke Chuangda is a professional technical supplier of Huawei, and the company has been maintaining close cooperation with Huawei in the research and development of Huawei's HarmonyOS operating system.

In 20 17, Zhongke Chuangda invested 3 1 10,000 euros to acquire 0/00% equity of MM Solutions/Kloc-0, and the target company was a competitor of Zhongke Chuangda. Through this acquisition and integration, Zhongke Chuangda has built the world's largest intelligent vision technology platform, greatly shortening the company's cycle of acquiring new technologies.

In recent years, the investment of Zhongke Chuangda in R&D has increased year by year. From 20 17 to 20 19, the company invested1440,000 yuan, 280 million yuan and 339 million yuan respectively, accounting for 12.42% and19.19. In the first three quarters of this year, R&D investment was 65.438+76 billion yuan, a year-on-year increase of 36.5438+0.34%.

Deducted non-net profit doubled in the first three quarters.

Technology-driven Zhongke Chuangda relies on technology to win customers and markets, and thus has achieved considerable business performance.

At present, Zhongke Chuangda's business is mainly divided into three sections, namely intelligent software business, intelligent networked automobile business and intelligent Internet of Things business. In the field of intelligent software, the company's core technologies cover 4G/5G communication protocol stack, deep learning, graphics and image technology, system optimization, automated testing and security technology. In terms of intelligent networked automobile business, the company began to lay out on 20 13, winning at the starting line, breaking the traditional industry boundary through "software", and making the company always lead the industry development. In terms of intelligent Internet of Things business, the company uses the core computing module SoM to serve the downstream scattered Internet of Things application scenarios, forming a large-scale shipment of SoM modules. The smart terminal fields currently supported by SoM module include robots, AR/VR, smart cameras, wearable devices and asset locators. It has been recognized by well-known intelligent terminal customers in various fields.

Zhongke Chuangda's products and technologies have been recognized by world-renowned enterprises. At present, the company has more than 500 customers around the world, covering more than 1/4 of the world's top 500 enterprises in the industrial chain, and has established multi-channel and multi-directional cooperative relations with chips, terminals, operators, software and Internet vendors in the industrial chain. The growth of either party will bring about the growth of the company's business. Well-known customers are global enterprises, such as Qualcomm, Intel and Huawei.

According to public data, the operating performance of Zhongke Chuangda has achieved sustained and rapid development. In 20 12 years, the company realized an operating income of 252 million yuan. After seven years of uninterrupted growth, it reached1827 million yuan in 20 19 years. Compared with 20 12, the operating income in 20 19 increased by 6.25 times, and the compound annual growth rate was 32.76438+0%. In the same period, the company's net profit also increased rapidly. 54 million yuan in 20 12, and 238 million yuan in 20 19. 20 19 is 3.4 1 times higher than 20 12.

In the first three quarters of this year, despite the global epidemic, the operating performance of Zhongke Chuangda still showed rapid growth. The company achieved operating income of 654.38+78.7 million yuan, an increase of 565.438+33 million yuan or 40.27% compared with 654.38+27.4 million yuan in the same period of last year. The net profit was 292 million yuan, an increase of 88.05% compared with 65.438+55 million yuan in the same period of last year. After deducting non-recurring gains and losses, the net profit was 267 million yuan, an increase of 654.38+006.28% compared with 654.38+29 million yuan in the same period last year, more than doubling.

Specifically, the operating income in the three quarters was 442 million yuan, 607 million yuan and 738 million yuan respectively, up by 32.02%, 565,438+0.79% and 36.84% respectively. The net profit was RMB 67 million, RMB 65.438+RMB 08 million, RMB 65.438+RMB 0.654. 38 yuan+RMB 08 million, up by 32.35%, RMB 65.438 +0.85% and 7522% year-on-year, excluding non-net profit of RMB 49 million and RMB 654.38+0.

Related to net profit, in the first three quarters of this year, the company's net operating cash flow was 300 million yuan, exceeding the 65.438+0.42 billion yuan of last year, with a year-on-year increase of 2065.80%.

In recent years, the asset-liability ratio of Zhongke Chuangda has continued to decline. At the end of 20 17, the company's asset-liability ratio was 50.83%, and it was 2 1.23% at the end of September this year, a decrease of 29.60 percentage points.

In the secondary market, Zhongke Chuangda performed well. On October 20th,15th,12nd and10th, the issue price of the company was 23.27 yuan/share. As of 1 10, the share price of Zhongke Chuangda is 92.58 yuan/share.