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Xinchen Technology: blockchain and big data technology have been applied in the project and generated business income

Time : 18/04/2021 Author : fpoqyb Click : + -
        Xinchen Technology (300542. SZ) has been committed to the tracking research, application and promotion of new technology fields such as blockchain, big data and artificial intelligence in recent years. At present, the project implementation and income of related technologies have attracted the attention of investors. At the 2021 annual performance presentation held this afternoon, Zhang Daxin, the board secretary and deputy general manager, said: "at present, blockchain and big data technology have been applied in the project and generated business income, and artificial intelligence technology is still in the pre research stage.". Chairman Kang Lu said at the performance meeting: "Xinchen technology has achieved a large number of blockchain applications in the financial field in recent years. In 2022, the company will continue to invest in the blockchain field. With promoting the maturity of blockchain products and solutions, it will focus on the layout of relevant NFT applications such as digital copyright and electronic bills.
        The company continues to increase the research and development of the underlying technology of blockchain, and has made great progress in Xinchen consensus algorithm, privacy and security computing, NFT and container technology. Among them, NFT and container technology have been implemented in a digital copyright trading platform project in a cultural and creative field. " Kang Lu said. Xinchen technology is a provider of professional information solutions and services focusing on the financial industry and covering industries such as military industry, public security, media and large and medium-sized state-owned enterprises and institutions. The annual report shows that in 2021, the company achieved a total operating revenue of 1.06 billion, a year-on-year decrease of 7.7%; The net profit attributable to the parent company was 63.582 million, a year-on-year decrease of 6.9%.
        From the perspective of business structure, "system integration business" is the main source of business revenue. In 2021, the business revenue was 470 million, accounting for 44.7% of the revenue. For the company's strategic planning and development direction, Kanglu said to the investment: "in order to meet the objective requirements of industry development and the needs of the company's business expansion, the company will cultivate new business growth points while the existing financial information service business develops stably in the next 1-3 years.". In addition, Xinchen technology once said: "the company is connected with various cross-border payment systems such as CIPS and swift, and has provided relevant services for many banks.".
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