As a key software enterprise in Guangzhou, SiE Information (300687. SZ) has reached strategic cooperation with Xiamen Torch University, the first platform based industrial university in China's high-tech zone, to assist local enterprises in digital transformation and upgrading.
On the occasion of the 40th anniversary of the construction of the Xiamen Special Economic Zone and the 30th anniversary of the construction of the Xiamen National Torch High tech Zone, Xiamen Torch University was officially established on May 9, 2021. Zhang Zhihong, Vice Mayor of Xiamen Municipal People's Government, serves as the President; Zhuang Rongliang, Secretary of the Party Working Committee and Director of the Management Committee of Xiamen National Torch High tech Zone, also serves as the Executive Vice President of Xiamen Torch University. Its goal is to build itself into a modern industrial talent training base, a new type of think tank for high-tech industries, and an important platform for international industrial exchanges, helping to cultivate new drivers of economic development, and promoting the high-end, digitalization, greening, and internationalization of industries.
On the morning of May 10th, the signing ceremony between Xiamen Torch University and its partners was held. The SAP (Xiamen) Digital Supply Chain Innovation Empowerment Center, jointly built by SiE Innovation Research Institute (Xiamen) Co., Ltd. and international leading software enterprise SAP (SAP), has signed a strategic cooperation agreement with Xiamen Torch University. In the future, it will collaborate to gather advanced digital and software technology capabilities from both international and domestic sources, and cultivate high-end digital industry talents, Assist the construction of Xiamen National Torch High tech Zone as a demonstration zone for innovation driven development and a leading zone for high-quality development.
SiE Innovation Research Institute (Xiamen) Co., Ltd. (SAP (Xiamen) Digital Supply Chain Innovation Empowerment Center) has signed a strategic cooperation agreement with Xiamen Torch University. Provided by the organizer.
A month ago, the Ministry of Industry and Information Technology of the People's Republic of China, together with relevant departments, drafted the "14th Five Year Plan for the Development of Intelligent Manufacturing" (draft for soliciting opinions), proposing that by 2025, China's manufacturing enterprises above designated size will basically popularize digitalization, and key industry backbone enterprises will initially achieve intelligent transformation. The technological level and market competitiveness requirements of intelligent manufacturing equipment and industrial software in China have been significantly improved, with domestic market satisfaction rates exceeding 70% and 50%, respectively. By 2035, manufacturing enterprises above designated size will fully popularize digitalization, and backbone enterprises will basically achieve intelligent transformation.
In addition, this year industrial software was selected as one of the first batch of key projects in the National Key R&D Plan of the Ministry of Science and Technology for the first time. This means that industrial software suppliers will face significant development opportunities. The China Academy of Commerce predicts that in the next few years, China's industrial software product revenue will maintain a growth rate of 10% -15%, and will reach 300 billion yuan by 2024.
With the increasing awareness of digital development among manufacturing enterprises and the importance of industrial management software in production, SiE Information, which was an early player in this field, has consistently achieved higher performance in recent years and is showing an accelerating growth trend.
According to the 2020 annual report released by SiE Information, the company achieved a revenue of 1.385 billion yuan from January to December 2020, a year-on-year increase of 28.79%. The net profit attributable to shareholders of the listed company was 176 million yuan, a year-on-year increase of 165.37%, and the earnings per share was 0.81 yuan. In 2020, the company signed over 1.8 billion new orders, a year-on-year increase of 55%.
Among them, the proportion of intelligent manufacturing sector business continued to rise, with a total annual revenue of 413 million yuan, a year-on-year increase of 56.33%. The revenue proportion increased from 24.58% in the same period of the previous year to 29.83%. The gross profit margin of the company's business in this sector has also significantly increased, from 31.56% in the same period last year to 41.03%,
In the first quarter of this year, the company achieved a revenue of 381 million yuan, a year-on-year increase of 58.45%, and a net profit attributable to the parent company of 10.8694 million yuan, a year-on-year increase of 268.02%. SiE Information attributes it to the reason for "continuously increasing the sales of self-developed software". SiE Information also proposes to strive to double the growth of self-developed software in 2021 compared to 2020. At the same time, it strengthens deep cooperation with ecological partners, continuously connects external resources, shares interests with partners, and cooperates for win-win results.
The establishment of SAP (Xiamen) Digital Supply Chain Innovation Empowerment Center is an important attempt by SiE Information. It is reported that SiE Innovation Research Institute (Xiamen) Co., Ltd. is the headquarters of SiE Information in the southeast region and a key digital field project introduced by Xiamen National Torch High tech Zone in 2020. In the future, it will provide digital operation services that meet local needs through the innovation empowerment center, further promoting the digital transformation and high-quality development of Xiamen manufacturing enterprises.
