Established in Zibo High-Tech Industrial Development Zone in China's Shandong province in 2006, Zhiyang Innovation Technology Co., Ltd. now has about 400 employees. Inspired by technological innovation, Zhiyang offers E2E intelligent electric power O&M solutions ranging from the R&D, production integration, and engineering implementation, to marketing services, covering power transformation to transmission and distribution of State Grid.
Since its establishment, Zhiyang has been investing heavily in R&D and applied big data, cloud computing and AI achievements to its services. As a major supplier and partner of the State Grid, Zhiyang has expanded its services to almost all provinces and cities in China. In 2018, Zhiyang provided successful power assurance for the Shanghai Cooperation Organization (SCO) Summit, the first China International Import Expo, and the CCTV Mid-Autumn Festival Gala and Nishan Forum on World Civilization.
|Full name||Zhiyang Innovation Technology Co.,Ltd.|
|Founded||March 27, 2006|
|Listing||April 8, 2021|
|Domicile||Zibo City, Shandong Province|
|STAR Theme||New Generation IT|
|CSRC Sector||Information transmission, software and IT services|
|Has weighted voting rights structure?||No|
|Earnings Per Share||0.80||0.75||0.59|
|R&D expenditure as a % of operating revenue||7.82%||8.94%||10.19%|
|Total Owners' Equity||394.31||302.13||221.32|
|Net Cash Flows-Operating||52.93||34.39||2.98|
|Net Cash Flows-Investing||-15.10||-1.03||-4.72|
|Net Cash Flows-Financing||19.01||-4.47||41.59|
|Name||No. of Shares Held (mn)||% of Shares Held|
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