作为恒生电子旗下老牌业务，金锐软件从创始至今一直是上市公司全资子公司，旗下也仅南京金锐一家全资子公司，股权结构简单清晰。依靠提供人员驻场等业务，金锐软件在2023年实现营收3.06亿元，净利润约840万元，其净利润相比恒生电子全年14.24亿元的净利润几乎可忽略不计。但在员工数量方面，金锐软件2023年末员工人数为1018人，占恒生电子员工总数的近8%，同期上市公司员工总数在13100人以上。1. Under performance pressure, hundsun technologies inc. is divesting its software outsourcing business; 2. The target company has over 1,000 employees, but its net income was only 8.4 million yuan last year; 3. The software outsourcing provider Agile Cloud Communications Co., Ltd. offered 62.6 million yuan to take over; 4. Agile Cloud Communications Co., Ltd. is facing pressure in its TMT business and is actively expanding its financial business.
China Fortune Securities News, October 15th (Reporter Lu Yichen) The underperforming hundsun technologies inc. (600570.SH) is in the process of divesting some of its businesses. This evening, the company announced that it plans to transfer a 51% equity stake in its wholly-owned subsidiary to the software outsourcing service provider Agile Cloud Communications Co., Ltd. (301316.SZ) at a price of 62.6 million yuan.
According to the announcement, the wholly-owned subsidiary divested by hundsun technologies inc. is Jinrui Software Technology (Hangzhou) Co., Ltd. (referred to as "Jinrui Software" or the "target company"), established in 1996. Initially named Hangzhou Hundsun Technology Co., Ltd., it was not renamed Jinrui Software until 2019, representing a long-standing business under hundsun technologies inc. The official website information shows that Jinrui Software mainly provides four categories of services: on-site personnel, team services, project delivery, and BOT.
As a long-standing business under hundsun technologies inc., Jinrui Software has been a wholly-owned subsidiary of a listed company since its establishment. It has only one wholly-owned subsidiary, Nanjing Jinrui, with a simple and clear equity structure. Relying on services such as on-site personnel, Jinrui Software achieved a revenue of 0.306 billion yuan in 2023, with a net income of approximately 8.4 million yuan. Compared to hundsun technologies inc.'s annual net income of 1.424 billion yuan, its net income is almost negligible. However, in terms of the number of employees, Jinrui Software had 1,018 employees at the end of 2023, accounting for nearly 8% of hundsun technologies inc.'s total employees, while the total number of employees in listed companies at the same period was more than 13,100.
Regarding the transaction price, hundsun technologies inc. stated in the announcement that the third-party evaluation of Jinrui Software's shareholders' equity value is approximately 0.173 billion yuan, representing an increase of about 60% compared to the net asset value of 0.128 billion yuan. Taking into consideration profit distribution and the impact of reduced registered capital, the determined value of this transaction is 62.6 million yuan.
Since the beginning of this year, hundsun technologies inc. has experienced a significant decline in performance, with a net income attributable to the parent company of less than 30 million yuan in the first half of the year, a decrease of over 93% compared to the same period last year. The divestment of the unprofitable business is not surprising. As an investor, Agile Cloud Communications Co., Ltd. also faces certain pressures in its own business. It is reported that Agile Cloud Communications Co., Ltd.'s core TMT software outsourcing business has been underperforming in recent years, prompting the company to accelerate its development towards the financial sector in an attempt to create a second growth curve. The divestiture of Jinrui Software by hundsun technologies inc. seems to align with Agile Cloud Communications Co., Ltd.'s current needs as it focuses on the advantages in the financial software outsourcing industry.
