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 2009-06-11
Listing 2019-11-06
Domicile Hangzhou
STAR Theme New Generation IT
CSRC Sector Information transmission, software and IT
Has weighted voting rights structure? No



  2020 2019 2018
Earnings Per Share 0.88 0.88 0.77
R&D expenditure as a % of operating revenue 18.29% 16.40% 16.09%
Operating Revenue 456.16 313.20 247.90
Net Income 88.31 69.69 57.12

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 456.16 313.20 247.90
Operating Costs 240.81 151.98 123.11
Operating Income 92.61 74.68 62.64
Pretax Income 92.60 74.65 62.76
Income Tax 4.29 4.96 5.64
Net Income 88.31 69.69 57.12

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Current Assets-Total 923.53 862.05 267.75
Non-current Assets-Total 210.87 103.37 38.94
Total Assets 1134.40 965.42 306.69
Current Liabilities-Total 207.95 110.35 50.78
Non-current Liabilities-Total 9.42 6.51 4.97
Total Liabilities 217.37 116.86 55.75
Stockholder's Equity
Share Capital 752.55 742.39 189.44
Retained Profits 164.48 106.17 61.49
Total Owners' Equity 917.03 848.56 250.93

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 39.35 62.20 36.21
Net Cash Flows-Investing -306.86 -61.30 -6.31
Net Cash Flows-Financing 19.22 524.11 21.24

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) 5.90 5.90
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
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
舟山市科先股权投资合伙企业(有限合伙) 1.28 1.28
上海东方证券创新投资有限公司 0.84 0.84
As of 2020-12-31

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