Zhuoyi Technology: The only independent X86-based BIOS vendor in mainland China

Zhuoyi Technology: The only independent X86-四川耍耍网based BIOS vendor in mainland China

Investment points: The only independent vendor of X86 architecture BIOS in mainland China.

The company focuses on “independent, secure, and controllable” cloud computing business. It has core firmware (BIOS, BMC) technology and cloud platform technology with independent intellectual property rights. It is one of the few domestic companies with multi-architecture BIOS such as X86, ARM, and MIPS. Technology and BMC firmware development technology manufacturers, the only one in mainland China, one of the world’s four independent X86 architecture BIOS vendors.

The company is also one of the few domestic companies that can provide BIOS firmware technology services for domestic chip Loongson (MIPS architecture), Huawei (ARM architecture) and so on.

Security and quality cloud service 无锡夜网 business provider.

The company has cloud computing device core BIOS and BMC firmware technology, which can provide cloud service business customers with more comprehensive and autonomous controllable cloud computing services starting from the hardware level of computing devices.

At the same time, the company built a cloud platform architecture with independent intellectual property rights, which completely covers the IoT layer, IaaS layer, DaaS layer, PaaS layer and SaaS layer. It is one of the few companies in China that can provide end-to-end cloud services.

In addition, the company provides a mature government-enterprise cloud solution, which can achieve data connectivity between various government departments and enterprise departments without affecting the long-term government data.

Supported by domestic substitution policies, the rapid development of the industry can be expected.

As the country increasingly improves information security, the company will directly benefit from the national information technology independence, security, and control proposed in the Outline of the National Information Development Strategy, and the domestic cloud computing equipment market will grow rapidly.

The company can provide large-scale, reliable BIOS and BMC firmware products for domestic CPU manufacturers and cloud computing equipment manufacturers, and the company’s sales scale strives to increase steadily.

Proposed to raise funds about 3.

500 million.

The raised funds will be invested in the development of domestic BIOS firmware and BMC firmware product series1.

5 trillion, based on big data, 2 trillion yuan for the construction of Zhuo Yizheng’s enterprise cloud service product series.

Net income increased rapidly, and research and development expenses accounted for a high proportion.

From 2016 to 2018, the company’s operating income was 11981.

650,000, 15235.

660,000, 17569.

400,000; net profit attributable to mother was 2862.

400,000, 3307.

330,000, 5157.

780,000; gross profit margins are 53.

52%, 44.

91%, 49.

19%; the company’s R & D expenses are 1238.

540,000, 1550.

12 million, 2039.

450,000; R & D expenses account for 10% of revenue.

34%, 10.

17%, 11.

61%.

Select the first listing standard, and it is recommended to use the PE estimation method.

The company complies with Article 2 of the Shanghai Stock Exchange’s Science and Technology Board Stock Listing Rules.

1.

Listing criteria of Article 2 (1): The market value is expected to be no less than RMB 1 billion, and the net profit in the past two years can be positive and progressive.In the past year, the net profit was positive and the operating income did not exceed RMB 10,000.

Risk reminder: the risk of high customer concentration, the concentration of cloud service business areas, and the risk of loss of core technical staff