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中科信息(300678)新股询价定价报告

Zhongke Information (300678) IPO Pricing Report

華鑫證券 ·  Jul 4, 2017 00:00  · Researches

Company profile

The company's main business is intelligent identification and analysis technology to provide customers with information solutions (including software and hardware) and related services. Currently, it is mainly used in government and other fields, tobacco field, field conference field, petroleum field, and banknote printing and inspection field. During the reporting period, the company's business in the field of banknote printing was carried out through the joint venture China Banknote Kexin.

Company highlights

(1) The company's predecessor was the Chengdu Computing Institute under the Chinese Academy of Sciences. It has rich research results in the field of basic theory, especially mathematical algorithms. On the basis of inheriting the outstanding researchers and advanced achievements of the Chengdu Computing Institute, and after years of research and development and application accumulation in business practice, the company has many independent intellectual property rights in technologies such as high-speed machine vision and intelligent data analysis, and has a strong competitive advantage. The company has a first-class applied basic research team led by Academician Zhang Jingzhong. Over the years, the company has focused on research on automatic computer reasoning theory, and is the undertaker of the “error-controllable algorithm based on hybrid computation” project of the national “973” plan.

(2) The company has a complete chain from basic research and development to technology development to practical application and industrialization. The company has completed the practical application and industrialization of many advanced research results, and has developed strong technical advantages. In the field of election conferences, the smart ballot box products developed by the company can quickly capture images of ballots, analyze them intelligently, and have high reliability; in the field of banknote printing and inspection, the company can quickly inspect large areas of printing per second. The inspection accuracy is microns, the inspection reliability is high, and high-speed machine vision technology is applied to products such as banknote sorting machines; in the tobacco field, the tobacco leaf cultivation expert analysis system and cigarette recipe research and development analysis and consulting system developed by the company “invite” experts in various fields to frontline operators, greatly improving production efficiency and science; in the field of machinery, the company The intelligent video surveillance system developed based on visual technology enables remote well patrolling of oil fields. By intelligently identifying the appearance and behavior of people in the monitoring range and automatically warning, it is unattended and prevents safety accidents on drilling platforms from occurring.

(3) The information technology business in the downstream sector where the company is located has high technical entry requirements, and Zhongke Information, which is deeply involved in the above fields, has certain advantages in technical barriers in the industry. The company has been deeply involved in the information technology industry in the fields of on-site meetings, banknote printing and testing, tobacco, government, etc. for more than 15 years. It has formed long-term cooperative relationships with many influential customers in the industry, forming a strong customer resource advantage.

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