Core ideas:
1. Government customers: deeply ploughing the integration of e-government services, covering customers in 29 provinces, at the opening meeting of the first session of the 13th National people's Congress on March 5, 2018, Premier Li Keqiang of the State Council stressed in his government work report that it is necessary to deepen the reform of "management and service" and further promote the "Internet + government services". The core business of tide software is e-government, which deeply ploughs "Internet + government service" to create integrated regional e-government service products around parallel examination and approval, online affairs and rights list. at present, the above business has covered 29 provinces, including Shandong, Jiangxi, Guangdong, Hebei and so on. In the field of e-government in the industry, the company's business has expanded to the fields of food and drug supervision, public security, education and so on.
2. Tobacco customers: provide overall supply chain solutions, covering 33 provincial-level customer companies to accelerate the overall transformation of cigarette management by deepening reform, focusing on the provincial cigarette marketing platform, making breakthroughs to both industrial and retail ends, and perfecting six major product systems. The leading products have covered 33 provincial monopoly bureaus, and their market share has been in the forefront for many years in a row. In order to tie in with the market-oriented reform of the State Bureau, the company is also relying on the national unified commercial marketing platform to cultivate new works and constantly tap new business opportunities.
3. Create a full-industry chain e-commerce platform, and launch China's first full-industry chain e-commerce platform iMai4.0 with a wave of data-driven industrial upgrading. At present, many industry solutions have been formed and successfully applied in agriculture, fast consumer goods, media, tourism, home, medicine, education, energy, chemical industry, manufacturing, supply and marketing cooperatives, etc. At the same time, according to the difference of business, it has formed a variety of business solutions, including B2C online retail, B2B online trading, omni-channel e-commerce, O2O e-commerce, C2B e-commerce, commodity trading, cross-border e-commerce, supply chain e-commerce, wholesale market and so on. And can provide customized solutions for various industries and enterprise customers according to customer needs.
4. Investment suggestions
Considering that the company has the advantage of core customer resources, the company is expected to achieve a net profit of 2.22,2.27 and 248 million yuan from 2018 to 2020, with a "recommended" rating corresponding to the current market value of 25,25,23 times.
Risk hint: e-government promotion is not as expected; customer expansion is not as expected.
