Deeply involved in the industry for more than 20 years, actively laying out the financial innovation matrix
The company has more than 20 years of deep industry experience in the field of financial informatization, and has strong market competitiveness in the fields of electronic channels and channel integration, payment and settlement, next-generation intermediary services, transaction banking, cloud platform applications, and data exchange. The company continues to deploy financial information and innovation to promote the localization and adaptation of software products. In March 2023, the company's “Electronic Letter of Credit Solution” was awarded the “Excellent Financial Credit Innovation Solution (General Business Category)” by the Financial Information and Innovation Ecological Laboratory; in August 2023, the company was successfully shortlisted as a general infrastructure integrator of China CITIC Bank Co., Ltd. for the procurement project. The company relies on independent, safe, autonomous and controllable products and technologies that have been tested by the industry, collaborates with industry ecological partners, and empowers the in-depth development of financial innovation.
Wisdom leads science and technology to strengthen the military and help manned space projects
In terms of military intelligence, the company focuses on implementation research and innovative research and development of new technologies such as big data, blockchain, and cloud computing in the industry. It closely follows the needs of military informatization and intelligent development, and helps military intelligence technology innovation in the new era in terms of military big data, military intelligent IoT, and comprehensive integration. In April 2023, the company successfully appeared at the 8th China (Beijing) Military Intelligence Technology and Equipment Expo.
In terms of manned space engineering, the company leverages its advantages in technical fields such as networks, security, cloud platforms, storage, and data to guarantee the launch of the CZ-2F model. The model launch success rate is 100%. On October 26, 2023, the company completed pre-launch maintenance and inspection tasks for Shenzhou 17, and carried out maintenance work throughout the launch process.
Huawei's outstanding contribution partners promote autonomous and controllable ecosystem development companies to continue to deepen exchanges and cooperation with Huawei, accelerate the improvement of the comprehensive ability to collaborate on projects in various fields, with the financial industry as the core, and promote strategic cooperation with Huawei to a new level. In 2021, the company became a Huawei certification and ISV partner; in June 2022, the company passed Huawei's highest-level service provider certification and became a Huawei CSP Five Diamond & Security Certification Service Partner; in May 2023, the company won the four annual awards of Huawei's “Competence Enhancement Award”, “Industry Outstanding Contribution Award”, “Industry Outstanding Contribution Award”, and “Double Performance Award”. Currently, the company and Huawei have cooperated on various industry projects, covering various product lines such as digital communication, storage, and security.
Investment advice
The company's EPS for 2023-2025 is expected to be 0.18, 0.27, and 0.40 yuan, respectively, and the PE corresponding to the current stock price is 75.06, 48.73, and 32.96 times, respectively. The company benefited from the promotion of financial information and innovation and military informatization, and was successfully shortlisted for projects such as the general infrastructure integrator of China CITIC Bank Co., Ltd. for procurement. As the RMB internationalization process progresses rapidly, international settlement services are also expected to benefit. First coverage, giving a “buy” rating.
Risk warning:
Product development progress falls short of expectations; uncertainty in the downstream market is high; industry competition is intensifying, etc.