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中望软件(688083):持续提升产品力 加速成长向未来

Zhongwang Software (688083): Continuously improve product strength and accelerate growth to the future

海通證券 ·  Mar 1

Results grew rapidly in 2023. According to the company's 2023 performance report announcement, in 2023, the company obtained total operating revenue of 824 million yuan, an increase of 37%; net profit to mother of 62 million yuan, an increase of 888% year on year; profit after deducting non-return to mother -78 million yuan, compared to -67 million yuan in the same period last year. At the product level, in 2023, the company's leading products ZWCAD and ZW3D both released 2024 new versions. The efficiency, stability and functional richness of the products were significantly improved, and the excellent product quality was recognized by customers, which directly drove the growth of performance. At the business level, the “Sales Network Upgrade Plan” and “Overseas Market Localization Strategy” that have been implemented in recent years have gradually shown results. Domestic market performance achieved steady growth in 2023, and overseas market performance increased significantly in 2023.

The leading domestic CAD software. The company has focused on industrial design software for more than 20 years, and has accumulated rich experience in technology R&D and software development, and has built a team of R&D talents with strong professional ability, high comprehensive quality and innovative thinking. Through long-term R&D investment and technology integration, the company has mastered core technologies such as two-dimensional CAD platform technology, 3D geometric modeling core technology, EIT algorithms, mesh segmentation technology, and pre- and post-processing technology, and has established a product matrix based on “autonomous two-dimensional CAD, three-dimensional CAD/CAM, electromagnetic/structure, etc.” The ability to provide secondary development solutions to meet the application needs of industrial enterprise users throughout the “design-verification-manufacturing/engineering construction” process. At the same time, the company lays out the domestic commercial market, overseas market and domestic education industry, and is one of the few domestic industrial software companies with a comprehensive and in-depth business layout. Currently, sales of Zhongwang series products have covered more than 90 countries and regions around the world, serving more than 1.4 million users. It has obvious brand advantages in the field of domestic R&D and design industrial software, and has become a representative enterprise in the second field of R&D and design industrial software.

Products are constantly being iterated to meet the needs of multiple industries. In the first half of 2023, the company's leading products ZWCAD and ZW3D both released 2024 new versions. On the basis of maintaining high quality performance, ZWCAD 2024 further optimizes and enhances the five core capabilities of the software: compatibility, stability, speed, intelligence, and expansion. Compared with the previous version, ZWCAD 2024 uses technology such as hardware acceleration and incremental storage to greatly improve the efficiency of basic functions such as drawing, editing, selection, and panning, and further meet users' needs for efficient, stable and convenient use. In addition, ZWCAD 2024 version adds key features such as variable blocks, point clouds, and DGN basemaps to meet users' more advanced application needs. In terms of Xinchuang, the company released the ZWCAD 2024 Linux version in the first half of 2023. Its functional command completeness is close to the level of the Windows version, and the ability to adapt and certify domestic software and hardware environments has been further improved. By opening up and strengthening the secondary development interface of the ZWCAD Linux version, the company is gradually building a more complete domestic software and hardware application ecosystem in the field of innovation.

The translation is provided by third-party software.


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