002439VenustechSZSE

Venustech Group Inc.

启明星辰

002439

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustrySoftware and Information Technology Services
ISINCNE100000QJ2
ListedJune 23, 2010
Websitewww.venustech.com.cn
IR Emailir_contacts@venustech.com.cn
Phone010-82779006
Address1/F, Venustech Building, Building 21, Zhongguancun Software Park, No.8, Dongbeiwang West Road, Haidian District, Beijing

Company Profile

The Company has technical teams with top competence in China, including ADLab, Core Technology Research Institute, product R&D center, Taihe team, Beidou security operation center, VenusEye threat intelligence center, VF security consulting expert group, cloud security team, industrial security team, and security system integration team, which constitute important core competitiveness of the Company. The Company has accumulated core technologies with completely independent intellectual property rights in hundreds of security products, management and service technologies, such as system vulnerability discovery and analysis and malicious code detection and countermeasures. On this basis, the Company has formed comprehensive security product lines and security service models. The Company is an enterprise-level technology center recognized by the state and a key software enterprise within the national planning and layout. The Company has the classified computer information system integration qualification of the highest level. The Company has accumulated more than 500 enterprise qualifications. The Company has the largest national cyber security research base in China, with more than 400 national patents and nearly 300 computer software product copyrights. The Company has led or participated in the development of nearly 30 national and industry cyber security standards, and completed more than 200 national science and technology research projects. In the reporting period, the Company has a total of 3863 employees, including 844 sales people, 2301 technical people, and 1645 R&D people. New important enterprise qualifications/accreditation include: •The Company obtained the highest qualification for national information security services - National Information Security Assessment and Information Security Service Qualification Certificate (Security Engineering Class III). •The Company submitted 292 original vulnerabilities to CNVD, 94% of which were high-risk and medium-risk vulnerabilities. The Company ranked No.1 in the "enterprise original score ranking". The vulnerabilities submitted involve traditional desktop application system security, Web security, smart mobile terminal security, IoT security, and industrial control system security. The Company submitted a number of high-quality original vulnerabilities in WebLogic, industrial control SCADA, smart locks, and IoV systems. •Taihe TSOC platform is once again shortlisted for Gartner SIEM Magic Quadrant. The Company is the only Chinese cyber security vendor shortlisted for Gartner SIEM for two consecutive years. •The Company joined Beijing Big Data Action Plan. New important products or major upgrades launched include: •The Company launched the network user/entity behavior intelligent security analysis system V-UEBA, which uses statistics and the machine learning technology to detect abnormal behaviors. •The Company released three new hardware products: Venustech intrusion detection system V7.0, Leadsec high-performance Phytium firewall, and Leadsec high-performance Phytium security gateway.

Full description

The Company provides government and enterprise users with cyber security software/hardware products, security management platforms, security services and solutions. The Company's clients cover the government, telecommunications, finance & banking, manufacturing, energy, transportation, media, and education sectors. Main product categories include security gateways, security detection & protection system, data security and management platforms, security services and tools, and 3rd party hardware. Headquartered in Beijing, the Company has 3863 employees. It has a nationwide channel sales and service teams, and has R&D teams in Beijing, Chengdu, Hangzhou, Shanghai, Guangzhou and Nanjing. The Company offers products to users through direct selling and distribution model. Direct selling accounts for more than half of the Company's business. In recent years, the Company has actively and strategically deployed new cyber security technologies, drove and enhanced the security development of smart city, AI, Industrial Internet, cloud computing/big data, critical information infrastructure protection, and IoT, and proposed an innovative business model featuring "independent security operation". In the fiscal period, the Company's three major strategic new business (Smart City Security Operation, Industrial Internet Security, and Cloud Security) make initial achievements with the sales of about RMB 400 million and the revenue recognition of more than RMB 200 million. A.Security Operation for Smart City •At present, the Company has built or is building security operation centers in some 20 cities, such as Chengdu, Jinan, Qingdao, Tianjin, Guangzhou, Nanchang, Sanmenxia, and Panzhihua, helping these cities improve security capabilities in an all-round way. B.Industrial Internet Security •The Company released the Venustech's White Paper on Industrial IoT Cyber security Solution. •The Company launched the IoT security gateway system called IoT-VBox. C.Private Cloud/Industry Cloud/City Cloud Security •CloudTrust is an enterprise terminal security cloud platform (www.cloudtrust.com.cn) independently developed by the Company for small, medium-sized, and micro- sized enterprises. It has been used by more than 10,000 enterprises in China. •The Company launched a new generation of cloud security resource pool, comply with Huawei Cloud, Tencent Cloud, Inspur Cloud, Telecom e Cloud, Unicom Wo Cloud, and their cloud tenant services. •The Company launched a cloud threat intelligence platform. •The Company launched the Anti-DDoS cloud service. In addition: •The Company developed strategic cooperation with Inspur and planned in-depth cooperation in multiple fields. •The Company worked with Tianjin Phytium to develop high-performance security gateway products. •The Company joined the Huawei Security Business Alliance and became the member of Huawei's terminal security incentive program.

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