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Hengtuo Open Source intends to use no more than 200 million yuan of raised funds and no more than 100 million yuan of idle own funds for cash management

On January 26, Hengtuo Open Source Information Technology Co., Ltd. announced that the company intends to use no more than RMB 200 million of idle raised funds for cash management, and invest in financial products with high security, good liquidity and can ensure the safety of investment principals, including but not limited to structured deposits, large-amount certificates of deposit, call deposits and other products that can protect the safety of investment principals.

In addition, in order to improve the efficiency of the use of its own funds, increase the storage income, and maximize the interests of shareholders, the company intends to use no more than RMB 100 million of idle own funds to invest in financial products with high security and good liquidity without affecting the normal operation of the company, so as to further improve the company's overall income.

Hengtuo Open Source said in the announcement that the company will use idle raised funds for cash management, and will invest in products with high security, good liquidity and can ensure the safety of investment principal, which can improve the efficiency of capital use, increase the company's income level, and obtain better investment returns for shareholders. The use of part of the temporarily idle raised funds for cash management will not affect the normal development of the construction of the investment project of the raised funds, and there is no disguised change in the use of the raised funds.

With more than 20 years of industry experience accumulation, professional technical team, the company has created a complete set of products, technologies and solutions for airlines and airport operations, and its business areas cover operation control, flight safety, marketing, maintenance, aviation fuel, etc. The core IT system of civil aviation for passenger service and productivity provides large, medium and small airlines with tailor-made personalized products and services, which greatly promotes the digital transformation of airlines in the environment of big data and cloud computing. Relying on years of accumulation in the software industry, the company has now expanded its business scope to government affairs, automobiles, medicine and health industries.

In the field of smart aviation, the production and operation process of airlines is in accordance with the time of flight planning, the use of civil aircraft to safely transport passengers and goods to the destination, the process involves aviation, maintenance, crew, stowage, ground service, dispatching and other departments, integrated reservation, departure system, freight system, airport data, meteorology and navigation notices and other systems of various operational information, in order to promote the intelligent development of airlines, in response to its actual needs in the business process, the company comprehensively uses big data, cloud computing, Internet of Things, Artificial intelligence and other new generation information technology provide a full range of solutions from production operation management, marketing management, and maintenance management.

The flight operation control (FOC) management solution developed by the company is established around the main line of "flight information→ flight planning→ dynamic control→ safety assurance →statistical analysis", including operation control management, crew resource management, flight resource management, aircraft resource management, aviation safety management, ground support management and intelligent operation analysis and other product modules, each module has several business information subsystems. In view of the complex situation of the growing fleet size, route network and business scope of airlines, the company's products meet the needs of airlines for production efficiency, data decision-making and operation quality with faster, more stable and easy-to-use functional features on the premise of ensuring flight safety, and realize the localization of the core IT system of Continental Airlines. This system is directly related to the operational safety of the aircraft and is one of the most important IT systems of the airline.

In order to assist airlines to effectively meet the needs of passenger service experience and product benefits, the company provides full-process marketing service solutions, covering route planning management, passenger management, e-commerce platform, marketing data analysis and service support and other aspects of IT system construction. Aircraft maintenance is an important part of ensuring safe flight, and aircraft maintenance is a complex business with high technology and high risk, which requires the support of a complete information system. The aircraft maintenance management solutions provided by the company cover the needs of airlines in aircraft maintenance management, aviation material management and on-board software configuration management.

In the field of smart airports, through the integration of technology, data and business, airport operation is efficient, shared and intelligent. The smart airport series products mainly include overall solutions in the fields of command and dispatch, safety monitoring, and aviation fuel management based on the comprehensive support of the airport.

The product is mainly used to support the real-time command and dispatch and coordination and monitoring of civil aviation ground service production operations, and solves the problems of flight query monitoring, task monitoring, task distribution, and timely and effective information transmission from the scheduling level, and can realize the update and early warning of real-time data on flight operation status, airport support resource usage, special operation operation, and flight support progress, and grasp the vehicles, personnel, and stands in the airport, on the apron, and in the terminal building in real time. The use of equipment is used to monitor the trajectory, location, altitude, speed and other information of aircraft equipment entering and exiting the airport area in real time.

The safe supply of aviation fuel is an important guarantee for flight operations. The civil aviation intelligent refueling solution provided by the company is specially designed to serve the automatic refueling business of civil aviation aircraft, realizing the wireless, electronic, automated and intelligent in this field, covering the production and operation links such as oil sales, refueling and settlement, and has the functions of automatic release of flight information, intelligent distribution of fuel refueling tasks, wireless dispatch of refueling vehicles, progress reporting, task monitoring, refueling volume control, refueling space monitoring, fuel bill printing, review and uploading, etc., which effectively improves the efficiency of scheduling and aviation fuel support.

The airport vehicle operation monitoring platform independently developed by the company provides standardized management means for each business process in vehicle operation management, and effectively uses production operation data, maintenance data, and monitoring data to monitor all kinds of operating vehicles in the airfield area in real time and accurately, so as to realize the full life cycle management of operation support vehicles. The solution is suitable for a variety of business scenarios such as airlines, airports, and aviation fuel companies.

The company's airport wireless broadband private network solution realizes the performance requirements of professional voice trunking, supports large-bandwidth data transmission, and provides high-speed, reliable and secure wireless channels for voice, video and data transmission for airport cluster scheduling, airport wireless apron operation and mobile video surveillance services. The dispatching system, positioning system, monitoring system and other software developed by the company can rely on the airport private network communication for real-time interaction and collaborative operation of users. Airport operation command and staff can complete apron command and dispatch, electronic work orders, personnel and vehicle positioning management, emergency command, mobile video surveillance and other multimedia dispatching services through handheld intelligent terminals.

In terms of performance, in the third quarter of 2023, the company achieved an operating income of 123 million yuan and a net profit of 11.11 million yuan.

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