Brief Introduction

Founded in 2004, Yunyong Technology is a high-tech enterprise integrating scientific research, production, sales and service. The head office is located in Taizhou City, Jiangsu Province. It has R&D and sales branches in Beijing, Zhengzhou and Nanjing. The production plant accounts for 20,000 square meters. The company specializes in the field of industrial Internet, and is mainly committed to the research, development, production and sales of industrial information security products. The products are mainly used in the fields of power, energy, finance and railway. Since its establishment, the company has devoted itself to researching embedded technology based on RISC architecture computers and Linux tailored operating systems. It is one of the earliest domestic companies that have applied embedded technology to the field of industrial Internet information security. We have successively built a Yunyong embedded technology development platform based on PowerPC+Linux, ARM+Linux and MIPS+Linux architecture. On this platform, the company adopts a "hardware customization + software customization" two-wheel drive to provide customers with customized products and service to meet customer application needs. The company has been deeply involved in the power industry for a long time. Over the years, the industrial security communication gateway equipment and industrial security situation awareness equipment based on the Yunyong embedded technology development platform have been widely used in the field of power dispatching and distribution automation. The core components constitute a key link in power information security. The company is a global certified development partner of NXP, an internationally renowned semiconductor manufacturer. At the same time, it is also the development partner of Xilinx China, the world's leading supplier of programmable logic solutions. The company has successively signed strategic cooperation agreements with well-known domestic chip manufacturers Loongson, Phaeton and operating system manufacturer Hunan Kirin. At present, the company is one of Loongson's important technology strategic partners, and is currently the only strategic partner of Hunan Kirin in the field of embedded technology.

Company Overview

Full name Jiangsu Yunyong Electronics and Technology Co.,Ltd
Abbreviations yytek
Code 688060
Founded March 12, 2010
Listing July 10, 2020
Domicile Taizhou City, Jiangsu Province
Website www.yytek.com
Email public@yytek.com
STAR Theme New Generation IT
CSRCSector Information transmission, software and IT
Has weighted voting rights structure? No

Financials

Highlights

  2019 2018 2017
Earnings Per Share 1.45 0.92 0.67
R&D expenditure as a % of operating revenue 6.65% 7.70% 6.99%
Operating Revenue 250.88 161.96 137.93
Net Income 65.45 41.27 30.18

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 250.88 161.96 137.93
Operating Costs 179.82 117.60 107.91
Operating Income 74.94 45.78 33.61
Pretax Income 74.92 46.89 34.73
Income Tax 9.47 5.62 4.54
Net Income 65.45 41.27 30.18

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 248.09 200.33 140.53
Non-current Assets-Total 50.75 52.77 49.40
Total Assets 298.84 253.10 189.93
Liabilities
Current Liabilities-Total 57.12 76.78 54.89
Non-current Liabilities-Total - - -
Total Liabilities 57.12 76.78 54.89
Stockholder's Equity
Share Capital 60.22 60.22 60.22
Retained Profits 181.51 116.10 74.83
Minority interests - - -
Total Owners' Equity 241.72 176.32 135.04

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating 56.01 28.31 5.41
Net Cash Flows-Investing 12.10 -23.15 -1.51
Net Cash Flows-Financing -10.34 0.72 -3.52

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Gao Nan 20.25 45.00%
Jiao Fuwei 13.50 30.00%
Xiao Xiangsheng 6.75 15.00%
Zhang Kui 4.50 10.00%
Total 45.00 100.00%
 

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