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Guodun Quantum: Last year, the revenue of quantum computing business increased by more than 7 times year-on-year, and the net profit fell by more than 2 times

Guodun Quantum released its 2021 annual report (hereinafter referred to as the "Report") on the evening of April 25: last year's operating income was 179 million yuan, an increase of 33.55% year-on-year, and the net profit attributable to the shareholders of the listed company was -37.1362 million yuan, down 225.93% year-on-year. Among them, the operating income of quantum computing instruments and equipment increased by 710.37% year-on-year, achieving operating income of 41.1772 million yuan.

Guodun Quantum released the first quarter report of 2022 on the same day: the operating income in the first three months was 9.9893 million yuan, an increase of 99.68% year-on-year.

Guodun Quantum said in the announcement that major countries in the world are increasing the strategic deployment of quantum science and technology, and China as a whole runs and partly leads. Benefiting from the country's forward-looking deployment and strategic layout, the mainland is in an international leading position in the research and application of quantum communication, at the same level as developed countries as a whole in quantum computing, and has developed rapidly in quantum precision measurement.

At present, the main business of Guodun Quantum is divided into two major sections, namely quantum secure communication products and related information security applications and quantum computing instruments and equipment. According to the 2021 data, the company's quantum secure communication sector is relatively stable, and its business income is basically the same as that in 2020, providing its core quantum communication equipment and related technical services for some projects of the national wide-area quantum secure communication backbone network construction (Phase I) project and the Hefei quantum communication infrastructure construction (Phase I) project.

Guodun Quantum: Last year, the revenue of quantum computing business increased by more than 7 times year-on-year, and the net profit fell by more than 2 times

In the field of quantum computing, the above-mentioned companies will launch the 21st version of the room-temperature superconducting quantum computing control system "ez-Q Engine" in 2021 for the needs of multi-bit superconducting quantum computing, serving users in domestic universities and scientific research institutions. Among them, the 24-bit room temperature superconducting quantum computing control system was selected into the list of "the first set of major technical equipment in Anhui Province". The company also said that through independent research and development and cooperation with external units, it has begun to extend to the weak links in the domestic superconducting quantum computing industry chain, such as low-temperature electronic devices, low-temperature cables and other related component products, to further enrich the product category.

In terms of major cutting-edge scientific and technological research projects, Guodun Quantum completed the research and development of superconducting quantum computing prototypes "Zuchongzhi No. 1" and "Zuchongzhi No. 2" during the reporting period with the joint research team of the University of Science and Technology of China and the Shanghai Institute of Technical Physics of the Chinese Academy of Sciences, realizing China's "quantum computing superiority" on the superconducting route. The company said that as the only corporate participant in the joint research team, it provided support for the construction and maintenance of room temperature electronic systems, and many of the company's R&D personnel were the signed authors of related research papers.

In addition, based on the "Quantum Computing Cloud Platform" of the Institute of Quantum Information and Quantum Science and Technology Innovation of the Chinese Academy of Sciences, the above-mentioned companies have cooperated with relevant scientific research units and software companies to deploy compiled languages such as "QCIS", "isQ-Core" and "Qingguo (Quingo)" to achieve online operation of quantum algorithms.

Guodun Quantum is known as the current quantum computing is still in the engineering experiment verification and prototype prototype research and development of the tough period, with the "quantum computing superiority" highlighted, quantum computing related scientific research, applied research and teaching, science and other market demand continues to grow. The company is promoting the construction of the fundraising project "Quantum Computing Prototype and Cloud Platform Research and Development Project", and in 2021, it will provide two domestic institutions with the whole machine construction service of quantum computers.

Guodun Quantum: Last year, the revenue of quantum computing business increased by more than 7 times year-on-year, and the net profit fell by more than 2 times

Image from The 2021 annual report of Guodun Quantum

Guodun Quantum said that quantum computing is also a large distance from the generalization of use. At present, the company mainly sells the instruments and equipment required for the development of quantum computing machines to customers such as universities and research institutes, and customizes the superconducting quantum computing prototype system for customers. After that, it will further strengthen the research and development and market promotion of quantum computing and measuring instruments and equipment products, promote relatively mature cutting-edge scientific research to explore "laying eggs along the way", and explore and play the application value of quantum computing for various industries through cloud platforms and other means.

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