Brief Introduction

Beijing Seeyon Internet Software Corp. (hereinafter referred to as “Seeyon.com”) was founded in March 2002, headquarters in Beijing. It is the leading collaborative management software provider in China which consistently focuses on the field of enterprise management software. And it is a high-tech company with the capability of product design, R&D, sales and service, to provide customers with professional collaborative management software, solutions, platforms, and cloud service. On Oct. 31 2019, Seeyon.com went public on the Shanghai Stock Exchange Sci-Tech innovation board A-shares (stock code: 688369).

Seeyon.com, adhering to the people-oriented product design concept and developing roadmap of platform-based products, integrated new generation of information technology with the theory of “Organizational Behavior Management” and developed A6 for small and medium-sized enterprises, A8 for large and medium enterprises and group corporate organizations, G6 products for government organizations and institutions based on self-developed V5 collaborative management platform. The platform has the private cloud V5 collaborative platform, and the public cloud Formtalk PaaS collaborative cloud platform. With the platform, could significantly improve the collaborative operation and management efficiency of corporates and governments, and then help the digital transformation and upgrading.

After 17 years’ professional and solid efforts in the market, Seeyon.com now owns over 30,000 customers in most parts of China, covering many fields such as manufacturing, construction, energy, finance, telecommunications, Internet and government, etc.

Seeyon.com has established more than 30 branches around China and had more than 600 franchisors, effectively achieving marketing service coverage for different regions, different industries, and enterprises of different sizes, which constructs a mature, stable, multi-layered and gridding marketing service system and provides customers with efficient and professional local technical support.

Seeyon.com furthers the breadth and depth of its solutions by integrating upstream and downstream industries chain, such as third party enterprise management software, domestic products, Internet and value-added services and building cooperation ecosystem with Huawei, Tencent and China Mobile, etc. Meanwhile, the company establishes the innovation mode of “production, learning, research and application” to strengthen the research of leading-edge collaborative theory and advance the sustainable innovation of products and technology.

Company Overview

Full name BeiJing Seeyon Internet Software Corp.
Abbreviations Seeyon
Code 688369
Founded 15/03/2002
Listing 31/10/2019
Domicile BeiJing
Website www.seeyon.com
Email ir@seeyon.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 1.26 0.78 0.35
R&D expenditure as a % of operating revenue 13.29% 14.67% 14.46%
Operating Revenue 578.09 466.92 376.59
Net Income 76.01 44.42 18.21

Income Statement (Unit: RMB mn)

  2018 2017 2016
Operating Revenue 578.09 466.92 376.59
Operating Costs 534.23 450.70 387.08
Operating Income 82.18 48.76 -8.91
Pretax Income 82.10 48.46 20.71
Income Tax 6.09 4.04 2.50
Net Income 76.01 44.42 18.21

Balance Sheet(Unit: RMB mn)

  2018 2017 2016
Assets
Current Assets-Total 709.34 590.87 310.90
Non-current Assets-Total 50.27 47.65 55.99
Total Assets 759.60 638.52 366.89
Liabilities
Current Liabilities-Total 447.51 381.13 302.52
Non-current Liabilities-Total - - -
Total Liabilities 447.51 381.13 302.52
Stockholder's Equity
Share Capital 204.52 204.71 56.11
Retained Profits 103.79 51.76 7.10
Minority interests 3.78 0.92 1.16
Total Owners' Equity 312.09 257.39 64.37

Cash Flow Statement (Unit: RMB mn)

  2018 2017 2016
Net Cash Flows-Operating 124.12 120.04 96.66
Net Cash Flows-Investing 237.59 -83.56 -46.65
Net Cash Flows-Financing -20.47 148.60 -8.75

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Xu Shi 17.81 23.13%
Shenzhen Xinyi Yide Xinzhi No.1 innovative investment management enterprise (limited partnership) 6.56 8.51%
Net263 Ltd. 3.75 4.87%
Gongqingcheng Suirui Rongtong innovative Investment Center (Limited Partnership) 3.58 4.65%
Yonyou Network Technology Co.,Ltd. 2.49 3.23%
Hu ShouYun 2.23 2.89%
Chengdu Hengtai Xiangyun enterprise management Center (limited partnership) 2.12 2.75%
Xinyu xinxinshengli investment partnership (limited partnership) 2.08 2.71%
Tao WeiHao 1.61 2.08%
Lin Dan 1.61 2.08%
16 Dec 2019

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