On October 9th, Zhong'anke Co., Ltd. (stock code: 600654) successfully held an investor relations conference call, co chaired by Li Kai, Secretary of the Board of Directors, and Li Xiang, Chief Financial Officer. The conference invited 18 investment institutions, including CITIC Securities, Oriental Wealth Securities, Shanxi Securities, Oriental Alpha Fund, Yimi Fund, Hubei Guochuanggao Fund, Xiangyang Venture Capital, Guotongtong Trust, Hubei Zhengzhi Asset Management, Hongde Asset Management, Mingxi Asset Management, Hongsike Asset Management, Shenzhen Zelong Investment, Century Xiangfeng, Xiangtan Lanqi Information Consulting, Wuhan Zhengguo Private Equity, Wuhan Boya Chengze Private Equity, and Antong Private Equity, to participate. This meeting mainly focused on in-depth exchanges with investment institutions regarding the company's business performance, future development strategies, and market layout.
Selected Communication Content
1. Steady growth in performance, outstanding overseas performance
As a professional security and safety comprehensive operation service provider, Zhong'anke has formed three major business patterns: security comprehensive operation services, smart city system integration, and intelligent security product manufacturing, and is gradually exploring emerging artificial intelligence businesses represented by intelligent computing centers. In the first half of 2024, the company achieved a revenue of 1.314 billion yuan, a year-on-year increase of 3.43%; The net profit attributable to shareholders of the listed company reached 25.091 million yuan, a significant increase of 503.1% compared to the same period last year; The owner's equity attributable to shareholders of the listed company reached 1.623 billion yuan, an increase of 2.09% compared to the same period last year.
It is worth mentioning that, thanks to the rapid growth of overseas security comprehensive service business, the company achieved a revenue of 702 million yuan in the second quarter of this year, not only an increase of 14.79% compared to the first quarter, but also a high growth of 13.89% compared to the same period last year, showing a good development momentum. At the same time, the net cash flow generated by the company's operating activities reached 45.256 million yuan, and the cash flow situation continued to be positive. The asset structure continued to optimize, and the overall operating situation continued to improve, steadily achieving high-quality development.
2. Deeply cultivating overseas markets and seizing development opportunities
As the only listed company in the domestic A-share market to expand its overseas security comprehensive service business, Zhong'anke's overseas subsidiaries have been deeply involved in the security comprehensive operation service industry for decades, with more than 10000 security personnel overseas. The company has accumulated a large number of high-quality and stable customers in local retail, transportation, finance and government agencies overseas. In the first half of the year, the company actively expanded its market business and improved its service level, especially in countries and regions such as Thailand and Hong Kong. By adjusting its competitive strategy, it won a new batch of key customers, effectively improving business revenue and operating profits. In addition, the company also seized the opportunity of its Hong Kong competitors being sanctioned and significantly expanded its security operations market in Hong Kong, achieving significant growth in revenue and profits.
In the future, the company will continue to deeply tap the potential of the overseas market: first, continue to respond to the development needs of the "the Belt and Road", based on the company's overseas security brand Guardforce, strive to rapidly expand its business in Southeast Asia, the Middle East and other regions through mergers and acquisitions, help escort overseas expansion of Chinese enterprises, and further expand the service landscape of Guardforce; Secondly, by focusing on high-quality overseas customer resources and combining with the advantages of mature smart city system industries in China, efficient linkage will be formed to promote mature smart security and electronic monitoring products and technologies in China to high-quality overseas customers, providing professional intelligent equipment and smart city overall solutions, and further enhancing the comprehensive competitiveness of the company's overseas security operation services.
3. Optimize domestic layout and deepen the application of artificial intelligence
In the domestic market, Zhong'an Science and Technology has gradually adjusted its business direction by combining its traditional advantages, focusing on the fields of smart healthcare and network information security. With the development of the artificial intelligence industry, the company attaches great importance to the future industry empowerment opportunities of the artificial intelligence industry in listed companies. In the second half of 2023, the company will jointly establish an artificial intelligence research institute with Wuhan University to accelerate the in-depth development of artificial intelligence application scenarios. This year, the company jointly invested in the construction of the "Yixing Artificial Intelligence Computing Center" with Yixing City, Jiangsu Province. It plans to explore the vertical application of artificial intelligence technology in the data industry through joint cooperation between universities, governments, and enterprises, focusing on vertical applications in the smart city field and market opportunities such as government data asset listing.
In the field of intelligent product manufacturing, the company focuses on breakthroughs in the research and application of artificial intelligence products, deeply integrates with market demand, promotes the upgrading of the intelligent industry, empowers the company's future domestic intelligent business, and continues to expand the scope of cooperation with well-known brands in the industry such as Huawei, Dahua, Hikvision, Honeywell, and Sunac. In the future, the company will actively integrate its differentiated advantages in various fields, strengthen the synergy between domestic and international business industries, and enhance the overall core competitiveness of the company.
4. Actively manage market value and enhance investor returns
The company attaches great importance to market value management and is committed to promoting market value growth through good business performance and intrinsic value enhancement. On the one hand, the company has maintained a good trend of overall sustained growth in its main business by actively optimizing its industrial layout, strengthening its position in the main market, accelerating business collaboration, and cultivating emerging drivers, laying the foundation for the company's future high-quality development. On the other hand, the company attaches great importance to communication and exchange with investors, actively conveying information on the company's production and operation to investors through various channels such as regular performance briefings, investor research, and telephone exchanges, providing necessary references for investors' decision-making.
Recently, with the recovery of market sentiment, the company will actively respond to market demand by further improving information disclosure transparency, increasing investor communication frequency, enhancing investor returns, seeking suitable targets for mergers and acquisitions in real time, actively doing various business work, and continuously improving market value management.
This conference call not only showcased the steady development of Zhong'anke in the security industry, but also provided investors with a good opportunity to gain a deeper understanding of the company's future development strategy. Zhong'anke will continue to uphold the concept of honest management and innovative development, strive to achieve high-quality development, and bring greater confidence and expectations to investors.