Beijing Oriental Jicheng Co., Ltd.
东方中科
002819
Shenzhen Stock Exchange
Company Profile
Digital Security and Confidentiality Business，leveraging years of deep industry expertise, a profound understanding of customer needs, and technological accumulation, the company has established its competitive advantages in technology, products, and talent. Now reintegrated into the Chinese Academy of Sciences, the company has further strengthened its position in the digital security and confidentiality sector. 1) Technological Advantages As a core technology enabler in China’s digital security and data intelligence applications, Wanlihong has focused on information security confidentiality, biometric recognition, Xinchuang (信创) projects, operating systems, and data intelligence applications. Through independent innovation and deep integration of industry, academia, and research, the company has developed technological strengths centered on "full-stack localization, scenario-based empowerment, and intelligent-driven solutions." These advantages are reflected in the following areas: Information Security Confidentiality Technology The company has established a comprehensive suite of security and confidentiality products and services, including security protection, inspection and detection, regulatory oversight, and digital applications. Riding the wave of AI technology, Wanlihong pioneered the development and application of AI+confidentiality technology, achieving significant results in various application scenarios. Iris Biometric Recognition Technology As a pioneer in iris recognition, Wanlihong has accumulated nearly two decades of expertise. With an internationally advanced optical laboratory and mature iris recognition algorithms, the company holds multiple core patents in iris recognition algorithms, modules, and systems. Its self-developed iris recognition algorithm has consistently achieved top results in international evaluations, with recognition accuracy and speed leading the world. The company’s iris recognition products and integrated solutions are widely used in access control for critical facilities, secure computer terminal logins, and internet identity verification. Deep Layout in Localized Operating System Ecosystem With over two decades of experience in operating systems, Wanlihong is an early leader and contributor to the HarmonyOS ecosystem. The company provides comprehensive security solutions for government terminals, communications, access, applications, and data, covering the entire chain of mobile office terminal chip migration, operating system development, native application adaptation, and intelligent interconnection of peripheral devices. This has created a secure, reliable, and user-friendly mobile government office experience, pioneering the HarmonyOS mobile government ecosystem from scratch. Xinchuang + AI as a New Driver for Industry Development Leveraging its first-mover advantage in the Xinchuang field, Wanlihong continuously injects new momentum into the industry with Xinchuang + AI. The company has launched a series of products and solutions in operating systems, digital security, data intelligence applications, and iris biometric recognition to support the security construction of critical infrastructure industries. With strong technological innovation capabilities, Wanlihong has undertaken multiple important research projects for national departments, becoming a model of independent innovation. Cutting-edge AI and IoT Technologies The company has invested heavily in large models and AIoT technologies, launching the "Large Model Enablement Platform," which supports offline deployment in localized Xinchuang environments and enables industry knowledge graph construction and intelligent Q&A. This platform has been piloted in scenarios such as government services and financial risk control. Wanlihong actively follows AI frontier research, integrating high-performing models like DeepSeek to enhance product functionality and user experience. Building on its successful practices in government, healthcare, meteorology, and public safety, the company combines its expertise in big data, blockchain, and privacy computing to expand more industry application scenarios, delivering practical and intelligent solutions for government and enterprise users. Strong Capability in Large-scale R&D Projects The company has undertaken numerous national-level projects, including one "National 863 Program" (resulting in the National Science and Technology Progress Second Prize), one "Core High-tech Base" project, one "Torch Plan" project, two "Electronic Information Industry Development Fund" projects, two "Innovation Fund" projects, one "National Development and Reform Commission Information Security Product Industrialization" project, one "Chinese Academy of Sciences Knowledge Innovation Major Project," and one "National Key R&D Program" project. Wanlihong holds over 400 software copyrights and more than 100 patents. Wanlihong’s technological advantages are not only reflected in independent innovation and localization breakthroughs but also in the deep integration of technology into critical scenarios such as government, finance, and public safety, forming a closed-loop value system of "technology R&D—product implementation—ecosystem empowerment." Moving forward, the company will continue to strengthen its technological leadership with "Xinchuang + AI" as dual engines, providing robust support for national digital transformation and information security. 2) Product Advantages Wanlihong has built a full-stack technological barrier, relying on its self-developed core technologies and a rich product matrix. The company provides end-to-end support from underlying security to upper-layer intelligent applications for industries such as government, healthcare, public security, and meteorology. This empowers industries to achieve digital and intelligent upgrades, unlock the potential of data elements, and drive the high-quality development of the digital economy. 3) Talent Advantages As a leader in digital security and confidentiality, Wanlihong’s talent advantages are reflected in three core dimensions: high-end talent reserves, deep industry-academia-research collaboration, and a professional team structure, which together form the core competitiveness supporting technological innovation and industry leadership. Gathering Top Talent to Build Core R&D Strength The company’s key personnel are primarily from prestigious institutions such as Tsinghua University, National University of Defense Technology, and the Chinese Academy of Sciences, with extensive industry experience. Over 70% of employees hold bachelor’s degrees or higher. Dr. Zhang Xiaoliang, President and Chief Technology Officer of Wanlihong, was selected for the "National Hundred, Thousand, and Ten Thousand Talents Project" in 2019, awarded the title of "Outstanding Young Expert with Significant Contributions" by the Ministry of Human Resources and Social Security, recognized as a "Capital Technology Entrepreneurship Leader," and selected as a "State Council Special Allowance Expert" in 2024. Building a Multi-tier Talent Ecosystem Leveraging national-level research project platforms, an open and innovative growth ecosystem, and market-competitive incentive mechanisms, Wanlihong continues to attract high-quality talent from industry, academia, and research. The company has established a multi-tier talent structure led by top experts, supported by key personnel, and backed by young talent reserves, providing strong intellectual support for technological breakthroughs and the implementation of industry solutions.
Full description
(I) Overview In 2022, changes in the internal and external macro environment have brought about a greater adverse impact on our business-related industries and industrial supply chain. In the face of this adverse situation, We actively implemented the key work to minimize its impact on our operation, while paying close attention to Beijing Oriental Jicheng co., Ltd.'s organization and capacity building, laying a long-term foundation for the subsequent year's business operation. In 2022, Beijing Oriental Jicheng co., Ltd. realized operating income of 3,022,814,268.86 yuan, an increase of 63.54% over the same period last year, mainly due to the large increase in testing technology and service business, and only the last month's income of Superred was consolidated in 2021;Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was RMB-120,972,233.67 (loss), representing a year-on-year decrease of 170.16%, which was mainly due to the significant decline in profit of Superred due to the adverse impact of the surrounding environment and the provision for impairment of goodwill. (II) Testing technology and services In 2022, Beijing Oriental Jicheng co., Ltd.'s testing technology and service sector closely revolved around the 16-character policy of "merger and acquisition integration, management empowerment, business innovation and team development", giving full play to the leading advantages of leading enterprises in the industry, and maintained a relatively high growth rate in the adverse environment of macroeconomic downturn, achieving business income of 1,967,412,620.58 yuan. Year-on-year growth of 34.72%;Gross profit margin was 19.26%, representing a year-on-year increase of 1.4 percentage points. 1. Instrument sales business During the reporting period, although the industry in which Beijing Oriental Jicheng co., Ltd. is located is affected by the macroeconomic downturn and the shortage of supply chain, the overall R & D investment of the country continues to grow, the business structure advantage of Beijing Oriental Jicheng co., Ltd.'s R & D application with a high proportion is reflected, the dominant position in the industrial chain is superimposed, the product supply is guaranteed first, and the ability to meet customer needs is better than that of competitors.It has strengthened Beijing Oriental Jicheng co., Ltd.'s bargaining power, expanded its market share and achieved rapid business growth. During the reporting period, Beijing Oriental Jicheng co., Ltd.'s instrument sales business continued to grow, and its operating income increased by 27.27% compared with the same period last year. 2. (New energy) Vehicle Testing Business During the reporting period, the automobile industry, especially the new energy automobile related industries, continued to grow against the overall economic downturn, which strongly supported the rapid growth of Beijing Oriental Jicheng co., Ltd.'s (new energy) automobile testing business.Compared with the same period last year, the operating income of the new energy automobile business department of Beijing Oriental Jicheng co., Ltd.'s headquarters increased by 62.35%, and the operating income of Polelink Information, a newly acquired holding subsidiary, increased by 20.99%. Considering that Polelink Information is headquartered in Shanghai and is relatively affected by the external environment, its growth rate is also relatively ideal. Beijing Oriental Jicheng co., Ltd.'s (new energy) vehicle testing business has maintained a high growth rate since the establishment of the new energy vehicle business department more than four years ago. On this basis, Beijing Oriental Jicheng co., Ltd. has further strengthened its competitive advantage and industry position in the field of (new energy) vehicle testing through the acquisition of Polelink Information. 3. Professional Value added Services Professional Value added service business refers to all kinds of professional services provided by Beijing Oriental Jicheng co., Ltd. to meet the needs of customers related to the testing technology and service sector, including instrument leasing, commercial factoring and bidding agency. In 2022, the revenue of professional services business increased by 7.63% compared with the same period last year, with little overall change. (III) Digital security and confidentiality Founded in 2001, superred, as a national team in the field of digital security and confidentiality, is positioned as a technology enabler and integrated service provider in the field of digital security and confidentiality in China. It has long been committed to independent research and development and localization of basic technologies related to information security and confidentiality, and has assumed the major responsibility of ensuring national information security.Superred has a number of state-level confidentiality qualifications and can provide life-cycle services for secret-related information systems nationwide. Through continuous independent innovation, Superred has formed a complete and systematic product line, and its main business areas cover information security and confidentiality, iris recognition and government integration, which has not changed significantly during the reporting period. During the reporting period, the global economy continued to be in turmoil due to the intensified international geopolitical shocks and conflicts, the macro adverse environment and the multiple adverse factors of anti-globalization such as the game between major powers. Domestically, under the impact of the complex international adverse situation and the macro adverse environment, the overall demand of China's economy contracted, expectations weakened and economic growth slowed down. The target industry customer budget of Beijing Oriental Jicheng co., Ltd.'s traditional information security and confidentiality business and iris business has been reduced, the bidding work has been delayed, and Beijing Oriental Jicheng co., Ltd.'s corresponding business expansion and project promotion have been affected. During the reporting period, Beijing Oriental Jicheng co., Ltd.'s digital security and confidentiality related business realized operating income of RMB1,055.4015 million, which was basically the same as the same period in 2021.