On April 28, Zhenyou Technology (688418) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 499891186.51 yuan, up 17.82% year on year; The net profit attributable to shareholders of listed companies was 43110574.71 yuan, down 29.40% year on year.
During the reporting period, the net cash flow from operating activities was -86713583.07 yuan, and the net assets attributable to shareholders of listed companies were 1255707443.94 yuan by the end of 2020.
During the reporting period, the company’s operating revenue was 499891186.51 yuan, an increase of 17.82% over the same period of last year, mainly due to the company’s emphasis on R & D investment and continuous market development. At the same time, under the favorable influence of the national emergency policy, it provided a good opportunity for the company’s business development, and the company’s main product sales revenue achieved stable growth.
During the reporting period, the net profit attributable to the shareholders of the listed company was 43110574.71 yuan, down 29.40% compared with the same period of last year. Among them, the net profit attributable to the shareholders of the listed company after deducting the non recurring profit and loss was 33488683.68 yuan, down 42.23% compared with the same period of last year. The main reasons were the slow collection of accounts receivable, the provision for bad debts and the increase of exchange loss of foreign currency accounts receivable.
According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 7.784 million yuan. Wu Minhua, chairman and general manager, received 636200 yuan of pre tax remuneration from the company, Meng Qingxiao, director and deputy general manager, 890700 yuan of pre tax remuneration from the company, sun Dayong, chief financial officer, 580900 yuan of pre tax remuneration from the company, and Xue Meifang, Secretary of the board of directors, 371100 yuan of pre tax remuneration from the company.
According to the data of digbei network, Zhenyou technology is a comprehensive communication system supplier specializing in communication network equipment and technical solutions.