Summary

Revenue : 000,000 M USD
Finance : 000,000 M USD
Earning Cap : 000,000 M USD
Invest : 000,000 M USD
R & D : 0000 People
Growth : 00% AGR

DIGDAL CAP

Overview

General Introduction Hangzhou Pingzhi Information Technology Co., Ltd. was established in November 2002, always adhering to the business philosophy of "leading products, excellent operations, and being close to users". The overall development direction is centered on user needs and guided by market trends. While developing and strengthening the existing digital reading industry, it pursues long-term sustainable development. After continuous development and growth, Pingzhi Information successfully went public in December 2016 and was listed on the Growth Enterprise Board of the Shenzhen Stock Exchange, Securities abbreviation: Pingzhi Information, securities code: 300571. The current registered capital is 120456930 yuan. The company's main business is digital reading and smart home business. The company aggregates a massive amount of high-quality text and audio reading content, providing users with high-quality digital reading services through reading carriers such as PCs, smartphones, and tablets, comprehensively meeting their reading needs. At the same time, the company continues to seek opportunities and actively layout smart home products and 5G communication derivative markets to find new profit growth points for the company. The company's current main business can be divided into four categories: mobile reading business, smart home business, information business, and other value-added telecommunications services. Mobile reading business and smart home business are the core businesses of the company. 1. Mobile reading business companies collaborate with copyright holders such as publishing institutions, media, and individual authors to aggregate a massive amount of high-quality text and audio reading content, and provide users with comprehensive reading services through their own reading platforms, third-party platforms, and telecommunications operators' reading platforms. At present, the company has over 45000 high-quality text reading products, over 31000 original works by contracted authors, nearly 7500 audio works introduced, lasting 48000 hours, and over 10000 hours of self-made exciting audio content. Pingzhi Information is the first in the industry to adopt a multi team parallel model, commonly known as the "hundred foot model". By continuously absorbing industry elites, it has incubated a large number of original reading content production platforms. Currently, the company mainly operates more than 30 original reading stations, including Pingzhi Literature, Super Reading Novels, Box Novels, Palm Reading Novels, Maizi Reading, etc. In the second half of 2017, the company acquired 51% equity of "Zhengzhou Mairuideng" and "Hangzhou Youshu" respectively, gradually implementing the CPS model, attracting nearly 300000 self media and content providers to settle in, effectively distributing and delivering the company's literary content to the market through these internet self media channels. 2. In April 2019, the company acquired 51% equity of Shenzhen Zhaoneng Xuntong. Shenzhen Zhaoneng specializes in the research and development, production, sales, and service of broadband network terminal equipment, communication network equipment, mobile communication network optimization equipment, and other network intelligent terminal equipment. Its main business is Smart Home Gateway (GPON), IPTV/OTT terminals, and other network intelligent terminal equipment. Given that the scale of the smart home market and 5G communication derivative market will continue to maintain a high-speed growth trend in the next few years, and with the help of the research and application capabilities of new technologies such as broadband network and mobile communication network accumulated in the development of Shenzhen Zhaoneng's business, and utilizing the company's platform advantages and market experience, the company actively lays out smart home products and 5G communication derivative market to find new profit growth points for the company. 3. Information business Information business is a micro reading business that provides users with professional magazines, industry journals, and other reading content through mobile newspapers, self media push, and other forms. It provides users with professional reading content for different fields and industries, quickly transmitting cutting-edge information and expert perspectives from different industries and fields, and meeting people's fast reading needs. 4. Other value-added telecommunications services mainly include music, videos, games, anime, and other content. By combining these contents organically around the company's mobile reading platform, readers can have more entertainment choices in their leisure time. The development of Pingzhi Information has also been recognized by the outside world. From 2018 to present, Pingzhi Information has won numerous awards such as "2018 China Internet Top 100 Enterprises", "China Growth Enterprise Market Top 50 Listed Companies with Value", and "Most Valuable Investment Listed Companies". In the future, Pingzhi Information will continue to make efforts, further focus on endogenous growth, and combine with extensional development to seize the development opportunities of digital reading and smart homes, continuously strengthen Pingzhi Information's strength, and create higher value for investors.
Headquarter Hangzhou
Establish Date 11/25/2002
Listed Code 300571.SZ
Listed Date 12/13/2016
Chairman Guo Qing.
CEO Guo Qing.
Website www.anysoft.cn

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