Hanwang Technology's net profit in 2020 increased by 177.81% Chairman Liu Yingjian's salary was 642,300

On March 30, Hanwang Technology (002362) recently released its 2020 annual report, during which the company achieved operating income of 1,555,160,536.99 yuan, an increase of 40.80% year-on-year; the net profit attributable to shareholders of listed companies was 103,992,103.81 yuan, an increase of 177.81% year-on-year.

Net cash flow from operating activities during the reporting period was RMB18,741,689.32 and net assets attributable to shareholders of the listed company as of the end of 2020 were RMB1,504,330,598.24.

The main reasons for the change in the company's revenue and profit growth this year: With the maturity of the company's global marketing network, the company's digital painting products have been sold to more than 100 countries and regions around the world with the help of mainstream cross-border e-commerce platforms such as Amazon, e-Bay, Express, wish, Lazada, Shopee and 15 self-built stations, and many products have been entered into the "Bestseller" list by Amazon. In 2020, the penetration rate of overseas online shopping has further increased, and the demand for teaching interaction of online education has stimulated the rapid growth of the revenue and profit of the company's intelligent interactive business, and the company's global marketing strategy has been initially verified.

The improvement of Hanvon brand influence, the strengthening of supply chain management and the gradual increase in the proportion of product sales using Hanwang wireless passive electromagnetic technology in the digital painting products of subsidiaries have reflected economic benefits.

The operating income of Pen's intelligent interactive business increased significantly, up 107.12% year-on-year, gross profit margin was 58.71%, an increase of 18.08% over the same period of the previous year, and the average annual compound growth rate of the operating income of Pen's intelligent interaction business in the past three years was nearly 90%,; and the gross profit margin of text big data and service business increased by 10.34% over the same period of the previous year.

Finance expenses for the period amounted to $16,146,834.18 compared to $1,493,590.07 for the same period last year, primarily due to fluctuations in foreign currency exchange rates. The investment income during the period was RMB30,776,515.77, accounting for 14.45% of the total profit, mainly for investment income from associated enterprises and joint ventures and investment income generated by the company's wealth management products.

The announcement shows that the remuneration of directors, supervisors and senior management during the reporting period totaled 9.7455 million yuan. The total pre-tax remuneration received by Chairman Liu Yingjian from the company was 642,300 yuan; the total pre-tax remuneration received by Zhu Deyong, director, deputy general manager and secretary of the board of directors, was 594,300 yuan; the total pre-tax remuneration received by li Zhifeng, director and deputy general manager, was 549,600 yuan; and the total pre-tax remuneration received by general manager Liu Changping from the company was 604,300 yuan.

The announcement discloses that the profit distribution plan approved by the board of directors is: based on 244,454,646.00, a cash dividend of 0 yuan (including tax) will be distributed to all shareholders for every 10 shares, 0 shares of bonus shares (including tax), and no provident fund will be used to increase the share capital.

According to the data of The Beibei Network, Hanwang Technology is the forerunner of the domestic artificial intelligence industry and the industry's leading provider of computer vision, big data, and intelligent interaction technology, products and services.

Source link: http://www.cninfo.com.cn/new/disclosure/detail?plate=szse&orgId=9900010769&stockCode=002362&announcementId=1209476882&announcementTime=2021-03-30

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