Brief Introduction

Primeton Information was established on March 36, 2003 and changed from a limited liability company to a joint stock company in 2010.The company has obtained a number of national honor certifications, such as National Enterprise Technology Center, Postdoctoral Research Station, and continuously passed the International Software Capability Maturity Model Integration (CMMI) Level 5 Certification and ISO9001 Quality Management System Certification. It has mastered 41 key and major core technologies and a number of reserve technologies in the field of software foundation platforms, 27 invention patents and172 software copyrights. The company participated in two important SOA international technical specifications of SCA / SDO and 11 national technical standards Formulation.

Primeton Information is a domestic professional software foundation platform provider. It provides independent, controllable, safe and reliable software foundation platforms and application software development services for large and medium-sized users in the financial, government, energy, telecommunications, manufacturing and other industries.

Since its establishment, the company has continued to cultivate the field of software foundation platforms. After more than ten years of technology and experience, it has established a "standard product + platform customization + application development" business model, which includes the sales and maintaining service of standard software products of the software foundation platform, platform customization and application development services.

Primeton Information has been committed to the construction of independent research and development and innovation capabilities of the core technology of the software foundation platform. It has created a component-based technology platform and core technology combination, and formed a systematic technology research and development capability, the platformized capability of product development and comprehensive project implementation methodology. Based on core technologies and innovation capabilities, Primeton Information provides customers with software products and technical services, helping customers flexibly and quickly respond to complex and changing business scenarios and successfully achieve business transformation under new generation information technologies such as cloud computing and big data.

After more than ten years of focused development, Primeton Information enjoys high brand awareness in the field of software foundation platforms. In 2018, there were 120 Chinese companies in the Fortune Global 500, 44 of which chose Primeton Information’s software platform products or technical solutions. The technical performance, maturity and safety and reliability of the company's products and technical solutions have been verified in thousands of large-scale and key projects in national economic key areas such as finance, government affairs, energy, telecommunications, and manufacturing. Primeton Information has a China Registration and Clearing Corporation , Shanghai Gold Exchange, China Mobile, General Administration of Customs and other large and medium-sized customers in the industry are all Primeton Information’s regular customers. Primeton Information has gradually changed the absolute dominant position of international brands in the domestic software infrastructure platform market.

Company Overview

Full name Primeton Information Technologies, Inc.
Abbreviations Primeton Information
Code 688118
Founded 03/26/2003
Listing 12/04/2019
Domicile Shanghai
Website www.primeton.com
Email info@primeton.com
STAR Theme New Generation IT
CSRCSector Information transmission, software and IT
Has weighted voting rights structure? No

Financials

Highlights

  2018 2017 2016
Earnings Per Share 0.72 0.63 0.67
R&D expenditure as a % of operating revenue 13.63% 14.23% 13.93%
Operating Revenue 51.48 43.93 28.80
Net Income 48.03 42.35 44.94

Income Statement (Unit: RMB mn)

  2018 2017 2016
Operating Revenue 51.48 43.93 28.80
Operating Costs 133.24 125.42 121.60
Operating Income 340.19 317.27 315.37
Pretax Income 52.63 45.01 49.66
Income Tax 4.60 2.66 4.72
Net Income 48.03 42.35 44.94

Balance Sheet(Unit: RMB mn)

  2018 2017 2016
Assets
Current Assets-Total 379.22 368.51 324.59
Non-current Assets-Total 14.09 14.94 19.75
Total Assets 393.31 383.45 344.34
Liabilities
Current Liabilities-Total 114.03 117.79 117.91
Non-current Liabilities-Total 1.28 2.30 5.43
Total Liabilities 115.31 120.09 123.34
Stockholder's Equity
Share Capital 137.46 137.46 137.46
Retained Profits 140.53 125.89 83.54
Minority interests - - -
Total Owners' Equity 278.00 263.36 221.00

Cash Flow Statement (Unit: RMB mn)

  2018 2017 2016
Net Cash Flows-Operating 19.93 30.50 48.10
Net Cash Flows-Investing -3.04 -1.55 25.23
Net Cash Flows-Financing -33.39 - -0.02

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Yadong Liu(刘亚东) 22.77 23.87%
Ningbo Meishan Bonded Port Area Jundu Derui Equity Investment Management Center(L.P.)(宁波梅山保税港区君度德瑞股权投资管理中心(有限合伙)) 8.73 9.15%
Lan Wang(王岚) 5.40 5.66%
Shanghai Wangsu Chenhui Equity Investment Fund Partnership (L.P.)(上海网宿晨徽股权投资基金合伙企业(有限合伙)) 3.34 3.50%
Yubao Yang(杨玉宝) 3.14 3.29%
Heguang Equity Partnership(天津和光股权投资基金合伙企业(有限合伙)) 2.18 2.29%
Lieyan Jiao(焦烈焱) 1.77 1.86%
Yongjun Nie(聂拥军) 1.76 1.84%
Jianwei Si(司建伟) 1.69 1.78%
Keqiang Wang(王克强) 1.60 1.67%
03 Dec 2019

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