Brief Introduction

Beijing Baolande Software Corporation was established in 2008. It is a high-tech software company focusing on the development and promotion of infrastructure software.

The Baolande product line covers multiple markets such as middleware, intelligent operation and maintenance, container cloud PaaS platform, and big data in infrastructure software. Products include but not limited to application server BES Application Server, application performance management platform WebGate, autonomous operation and maintenance management platform CloudLink OPS, container cloud PaaS platform CloudLink CMP, data exchange DataLink DXP, and many more.

Baolande recognizes the importance of technological innovation, and has made a number of breakthroughs on the technical difficulties of performance, concurrency, and stability in middleware. The relevant metrics and indicators are at the forefront of the industry and are not inferior to other international manufacturers. The products can be applied to the core of the infrastructure system of demanding telecommunications industry: Baolande’s related products have been adopted by China Mobile Group’s national headquarters, and have been deployed in their centralized big data platform, WLAN unified portal, and billing system, etc. Additionally, Baolande’s related products have gradually replaced the renowned foreign giant’s software solutions in other more than ten China Mobile provincial companies, such as Beijing Mobile and Shanghai Mobile, and during the process Baolande became the leader of the domestic middleware market.

The company has formulated a strategy to expand into the field of cloud computing and big data. The products developed in these fields have been deployed in large-scale customer systems. The intelligent operation and maintenance platform has already had some successful customer cases where a single system can manage and monitor thousands of instances, demonstrating that it has the capability of maintaining massive amounts of resources which usually accompanies cloud computing environment.

After ten years of development, in addition to the telecommunications industry, the products have gradually been adopted with scale in other industries including finance, insurance, government, and energy as well.

Company Overview

Full name Beijing Baolande Software Corporation.
Abbreviations Baolande
Code 688058
Founded March 27, 2008
Listing November 1, 2019
Domicile Beijing
Website www.bessystem.com
Email besinvestors@bessystem.com
STAR Theme Others
CSRCSector Information transmission, software and IT
Has weighted voting rights structure? No

Financials

Highlights

  2018 2017 2016
Earnings Per Share 1.71 1.15 1.22
R&D expenditure as a % of operating revenue 17.97% 19.81% 19.64%
Operating Revenue 12,237.00 8,666.82 8,011.40
Net Income 5,095.30 3,449.85 3,659.34

Income Statement (Unit: RMB mn)

  2018 2017 2016
Operating Revenue 12,237.00 8,666.82 8,011.40
Operating Costs 614.21 462.46 104.54
Operating Income 5,952.49 3,897.30 3,642.75
Pretax Income 5,960.93 3,897.48 4,223.49
Income Tax 865.63 447.63 564.15
Net Income 5,095.30 3,449.85 3,659.34

Balance Sheet(Unit: RMB mn)

  2018 2017 2016
Assets
Current Assets-Total 17,441.76 12,303.02 10,891.09
Non-current Assets-Total 1,655.40 1,658.70 323.69
Total Assets 19,097.16 13,961.73 11,214.78
Liabilities
Current Liabilities-Total 2,306.46 1,311.33 1,042.23
Non-current Liabilities-Total - - -
Total Liabilities 2,306.46 1,311.33 1,042.23
Stockholder's Equity
Share Capital 4,541.76 4,541.76 4,541.76
Retained Profits 12,263.40 8,108.65 5,630.80
Minority interests -14.45 - -
Total Owners' Equity 16,790.70 12,650.40 10,172.56

Cash Flow Statement (Unit: RMB mn)

  2018 2017 2016
Net Cash Flows-Operating 1,648.55 3,059.24 1,458.15
Net Cash Flows-Investing 1,039.32 -1,434.31 -1,203.06
Net Cash Flows-Financing -955.00 -972.00 -300.00

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Yi Cundao 1,438.80 35.97%
Zhang Donghui 396.00 9.90%
Beijing Yidongxing Equity Investment Center (Limited Partnership)(北京易东兴股权投资中心(有限合伙)) 327.00 8.18%
Zhao Yanxing 288.00 7.20%
Ningxia Venture Capital Partnership (Limited Partnership)(宁夏时间创业投资合伙企业(有限合伙)) 132.00 3.30%
Wang Qian 129.00 3.23%
Zhao Xue 103.20 2.58%
Shi Xiaoli 90.00 2.25%
Chen Xuanliang 60.00 1.50%
Dongxing Securities Investment Co., Ltd.(东兴证券投资有限公司) 50.00 1.25%
31 Oct 2019

Legal Statement

All information contained herein is provided by the underlying company itself and is for informational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. The Shanghai Stock Exchange does not guarantee its accuracy and reliability and shall under no circumstance be responsible or liable for any error or for any loss directly or indirectly arising from any inaccuracy or omission or from any decision, action or non-action based on or in reliance upon the information herein.

Users may view and download the information herein for personal and non-commercial use free of charge subject to the laws of the People's Republic of China and the Legal Statement. No part of the information herein may be copied, downloaded, stored in a retrieval system or transmitted in any form or by any means, rented, displayed, performed, reproduced, photocopied, altered, sold, broadcast, published or otherwise in whole or in part in any manner for commercial purposes, without the prior written consent of the Shanghai Stock Exchange.

Users are hereby reminded that the Legal Statement represents your legally binding agreement with the Shanghai Stock Exchange. By accessing or using this website, you are also signifying your agreement with and acceptance of all the contents in the Legal Statement. The Shanghai Stock Exchange reserves the right to amend and interpret the Legal Statement.