Brief Introduction

Hangzhou Hopechart IoT Technology Co.,Ltd was founded on June 11, 2009. The mission of the company is "reducing the cost of transportation". It is committed to using 5G, artificial intelligence and big data technology to research, develop, produce and sell intelligent enhanced driving system, advanced driver assistance system and other intelligent connected vehicle equipment. Another product is big data cloud platform of smart city. The company wants to become a comprehensive provider and leader of intelligent connected vehicle product solutions.

On November 6, 2019, The company is listed on the star market of Shanghai Stock Exchange (Stock Code: 688288), with a registered capital of 100 million RMB. At present, it has more than 450 employees, which are distributed in Hangzhou, Xi'an, Shanghai, Suzhou, Beijing and other cities. The company has won praise from all walks of life, The honors of the company including " Small and medium-sized technology-based enterprise in Zhejiang Province", "Second prize of science and technology progress in Hangzhou", "Famous brand products in Hangzhou" and "Application benchmarking enterprise in artificial intelligence industry in Zhejiang Province".

The company has increased R & D investment for many years in a row, adhered to independent innovation, and has formed many core technologies around intelligent connected vehicle equipment, with 41 patents and 139 software copyrights. At the same time, The company applies R & D to its products. The company has a high market share in China's commercial vehicle market. The company produces the "Driving Data Decorder "is awarded as "made in Zhejiang", It is means high quality products, "Intelligent transportation and driver behavior analysis vehicle system based on computer vision" is awarded as "Excellent solution (product) of artificial intelligence in Zhejiang Province in 2019".

The company adheres to the guidance of leading the development of commercial vehicle intelligent connected technology, driven by talent and technological innovation, continue to provide the industry with excellent intelligent connected vehicle product solutions. The company wants to become an international leader in intelligent connected equipment of commercial vehicle.

Company Overview

Full name Hangzhou Hopechart IoT Technology Co.,Ltd
Abbreviations Hopechart
Code 688288
Founded 2009.6.11
Listing 2019.11.6
Domicile Hangzhou
Website www.hopechart.com
Email ir@hopechart.com
STAR Theme New Generation IT
CSRCSector Information transmission, software and IT
Has weighted voting rights structure? Not

Financials

Highlights

  2019 2018 2017
Earnings Per Share 0.88 0.77 0.70
R&D expenditure as a % of operating revenue 16.40% 16.09% 14.13%
Operating Revenue 313.20 247.90 270.71
Net Income 69.69 57.12 47.81

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 313.20 247.90 270.71
Operating Costs 151.98 123.11 132.19
Operating Income 74.68 62.64 58.76
Pretax Income 74.65 62.76 58.47
Income Tax 4.96 5.64 10.66
Net Income 69.69 57.12 47.81

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 862.05 267.75 223.96
Non-current Assets-Total 103.37 38.94 29.19
Total Assets 965.42 306.69 253.15
Liabilities
Current Liabilities-Total 110.35 50.78 112.54
Non-current Liabilities-Total 6.51 4.97 4.21
Total Liabilities 116.86 55.75 116.75
Stockholder's Equity
Share Capital 742.39 189.44 132.03
Retained Profits 106.17 61.49 4.38
Total Owners' Equity 848.56 250.93 136.41

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating 62.20 36.21 17.43
Net Cash Flows-Investing -61.30 -6.31 -2.74
Net Cash Flows-Financing 524.11 21.24 7.36

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Junqiang He 35.43 35.43%
北京北大千方科技有限公司 14.95 14.95%
杭州崇福锐鹰二号创业投资合伙企业(有限合伙) 8.35 8.35%
杭州鸿尔投资管理合伙企业(有限合伙) 4.12 4.12%
Shengxian Zhao 3.08 3.08%
兴证资管鑫众鸿泉物联1号员工战略配售集合资产管理计划 2.50 2.50%
舟山市科先股权投资合伙企业(有限合伙) 2.20 2.20%
上海禺成森企业管理合伙企业(有限合伙) 2.11 2.11%
杭州崇福锐鹰创业投资合伙企业(有限合伙) 2.07 2.07%
杭州鸿吉投资合伙企业(有限合伙) 1.73 1.73%
31 Mar 2020

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.