Net profit surged 53%, turnover increased 21%, and Weishi Jiajie's mid-term results reached a new high
![[August 26, 2021, Hong Kong] Weishi Jiajie Holdings Limited (“Weishi Jiajie” or “Group”, stock code: 0856.HK), a leading technology product channel development and technology solution integration service provider in the Asia-Pacific region, is pleased to announce today the company's interim results for the six months ended June 30, 2021. In the post-pandemic era, the digital economy has become a new engine for global technological development. Weishi Jiajie has benefited from the continuous release of the digital potential of domestic and Southeast Asian industries and the recovery in demand from end customers. Both turnover and net profit have reached new highs. During the reporting period, turnover was HK$34.9 billion, up 21% year on year, and gross profit increased 23% to HK$1.69 billion. Net profit for the period was HK$645 million, a significant increase of 53%. Earnings per share were approximately HK45.6 cents per share, up 53% year over year. By product classification, the three business segments of cloud computing, enterprise systems, and consumer electronics all achieved strong double-digit growth. In the first half of the year, the revenue of the cloud computing sector surged 55%, and the turnover reached HK$1.1 billion. Enterprise systems revenue reached HK$19.7 billion, an increase of 24% and continued to reach new highs. Revenue in the consumer electronics sector also fully recovered, up 15% year over year, with a turnover of HK$14 billion. Adapting to the wave of the information age Enterprise systems and consumer electronics business revenue Both achieved high growth In the first half of 2021, Weishi Jiajie signed more than 60 new product lines and reached a strategic cooperation with Baidu Group to jointly expand the intelligent transportation market. With digital certification, the British side...](https://nnqimage.futunn.com//tmp/php8G1GkF.jpg?imageMogr2/ignore-error/1/format/webp)
![[August 26, 2021, Hong Kong] Weishi Jiajie Holdings Limited (“Weishi Jiajie” or “Group”, stock code: 0856.HK), a leading technology product channel development and technology solution integration service provider in the Asia-Pacific region, is pleased to announce today the company's interim results for the six months ended June 30, 2021. In the post-pandemic era, the digital economy has become a new engine for global technological development. Weishi Jiajie has benefited from the continuous release of the digital potential of domestic and Southeast Asian industries and the recovery in demand from end customers. Both turnover and net profit have reached new highs. During the reporting period, turnover was HK$34.9 billion, up 21% year on year, and gross profit increased 23% to HK$1.69 billion. Net profit for the period was HK$645 million, a significant increase of 53%. Earnings per share were approximately HK45.6 cents per share, up 53% year over year. By product classification, the three business segments of cloud computing, enterprise systems, and consumer electronics all achieved strong double-digit growth. In the first half of the year, the revenue of the cloud computing sector surged 55%, and the turnover reached HK$1.1 billion. Enterprise systems revenue reached HK$19.7 billion, an increase of 24% and continued to reach new highs. Revenue in the consumer electronics sector also fully recovered, up 15% year over year, with a turnover of HK$14 billion. Adapting to the wave of the information age Enterprise systems and consumer electronics business revenue Both achieved high growth In the first half of 2021, Weishi Jiajie signed more than 60 new product lines and reached a strategic cooperation with Baidu Group to jointly expand the intelligent transportation market. With digital certification, the British side...](https://nnqimage.futunn.com//tmp/phpt2XDt3.gif?imageMogr2/ignore-error/1/format/webp)
[August 26, 2021, Hong Kong] Asia Pacific's leading technology product channel development and technology solution integration service providerWeishi Jiajie Holdings Limited (“Weishi Jiajie” or the “Group”)(Stock Code: 0856.HK), today announced the Company's interim results for the six months ended June 30, 2021.
In the post-pandemic era, the digital economy has become a new engine for global technological development. Weishi Jiajie has benefited from the continuous release of the digital potential of domestic and Southeast Asian industries and the recovery in demand from end customers. Both turnover and net profit have reached new highs. During the reporting period, turnover was HK$34.9 billion, up 21% year on year, and gross profit increased 23% to HK$1.69 billion. Net profit for the period was HK$645 million, a significant increase of 53%. Earnings per share were approximately HK45.6 cents per share, up 53% year over year.
By product classification, the three business segments of cloud computing, enterprise systems, and consumer electronics all achieved strong double-digit growth. In the first half of the year, the revenue of the cloud computing sector surged 55%, and the turnover reached HK$1.1 billion. Enterprise systems revenue reached HK$19.7 billion, an increase of 24% and continued to reach new highs. Revenue in the consumer electronics sector also fully recovered, up 15% year over year, with a turnover of HK$14 billion.
![[August 26, 2021, Hong Kong] Weishi Jiajie Holdings Limited (“Weishi Jiajie” or “Group”, stock code: 0856.HK), a leading technology product channel development and technology solution integration service provider in the Asia-Pacific region, is pleased to announce today the company's interim results for the six months ended June 30, 2021. In the post-pandemic era, the digital economy has become a new engine for global technological development. Weishi Jiajie has benefited from the continuous release of the digital potential of domestic and Southeast Asian industries and the recovery in demand from end customers. Both turnover and net profit have reached new highs. During the reporting period, turnover was HK$34.9 billion, up 21% year on year, and gross profit increased 23% to HK$1.69 billion. Net profit for the period was HK$645 million, a significant increase of 53%. Earnings per share were approximately HK45.6 cents per share, up 53% year over year. By product classification, the three business segments of cloud computing, enterprise systems, and consumer electronics all achieved strong double-digit growth. In the first half of the year, the revenue of the cloud computing sector surged 55%, and the turnover reached HK$1.1 billion. Enterprise systems revenue reached HK$19.7 billion, an increase of 24% and continued to reach new highs. Revenue in the consumer electronics sector also fully recovered, up 15% year over year, with a turnover of HK$14 billion. Adapting to the wave of the information age Enterprise systems and consumer electronics business revenue Both achieved high growth In the first half of 2021, Weishi Jiajie signed more than 60 new product lines and reached a strategic cooperation with Baidu Group to jointly expand the intelligent transportation market. With digital certification, the British side...](https://nnqimage.futunn.com//tmp/phpEDmgq7.gif?imageMogr2/ignore-error/1/format/webp)
Adapting to the wave of the information age
Enterprise systems and consumer electronics business revenue
Both achieved high growth
In the first half of 2021, Weishi Jiajie signed more than 60 new product lines and reached a strategic cooperation with Baidu Group to jointly expand the intelligent transportation market. Strategic cooperation has been reached with digital certification, British software, smart cloud innovation, aerospace binary system, Ouhua Information, JD AI robots, OceanBase, Starlink Technology, Teredata, Mulang Cloud, etc., to accelerate the layout of artificial intelligence, big data, and innovation industries.
During the reporting period, as a one-stop service provider for the core business of new infrastructure, the company's enterprise systems sector grew rapidly. The Xinhua 3 servers grew dramatically, and SmartX's performance increased by 100%. It continues to maintain its leading position in the financial industry, ranking first in the domestic hyperconverged software finance industry market share. Enterprise-level operation and maintenance services in Southeast Asia continued to recover. During the reporting period, the company served many leading customers in the Southeast Asian government, finance, education and other industries, including designing hyperintegrated architecture solutions for the Thai Ministry of Finance, building an electronic payment system for the Singapore Monetary Authority, designing an integrated software and hardware solution for the Lao Ministry of Finance's cybersecurity system, and building a software and hardware service system for the Ahmad Yani smart campus system in Indonesia.
In terms of consumer electronics, Weishi Jiajie accurately lays out all online and offline channels. E-commerce sales have been rising steadily, and changes in consumer shopping habits have opened up room for long-term growth. The revenue contributions of JD and Shopee, the Group's second and fifth largest customers, increased 29% and 101% year over year. By category, the company helped Sony PlayStation 5 enter the Chinese market and held a new product launch and signing event in Shanghai, Beijing, Chongqing, Xi'an, Zhengzhou, Wuhan and Shenzhen, bringing Chinese players and friends a next-generation visual, auditory, tactile and gaming experience that surpassed expectations; promoted iFLYTEK's full line of C-terminal smart products to double sales growth; actively seize Internet smart hardware opportunities, and held a “Xiaodu New Product Channel Tasting Meeting” with Xiaodu.
![[August 26, 2021, Hong Kong] Weishi Jiajie Holdings Limited (“Weishi Jiajie” or “Group”, stock code: 0856.HK), a leading technology product channel development and technology solution integration service provider in the Asia-Pacific region, is pleased to announce today the company's interim results for the six months ended June 30, 2021. In the post-pandemic era, the digital economy has become a new engine for global technological development. Weishi Jiajie has benefited from the continuous release of the digital potential of domestic and Southeast Asian industries and the recovery in demand from end customers. Both turnover and net profit have reached new highs. During the reporting period, turnover was HK$34.9 billion, up 21% year on year, and gross profit increased 23% to HK$1.69 billion. Net profit for the period was HK$645 million, a significant increase of 53%. Earnings per share were approximately HK45.6 cents per share, up 53% year over year. By product classification, the three business segments of cloud computing, enterprise systems, and consumer electronics all achieved strong double-digit growth. In the first half of the year, the revenue of the cloud computing sector surged 55%, and the turnover reached HK$1.1 billion. Enterprise systems revenue reached HK$19.7 billion, an increase of 24% and continued to reach new highs. Revenue in the consumer electronics sector also fully recovered, up 15% year over year, with a turnover of HK$14 billion. Adapting to the wave of the information age Enterprise systems and consumer electronics business revenue Both achieved high growth In the first half of 2021, Weishi Jiajie signed more than 60 new product lines and reached a strategic cooperation with Baidu Group to jointly expand the intelligent transportation market. With digital certification, the British side...](https://nnqimage.futunn.com//tmp/phpPUazTY.gif?imageMogr2/ignore-error/1/format/webp)
Start a full-stack cloud service
Weishi Jiajie specializes in building integrated cloud services, including cloud consulting, cloud migration, cloud operation and maintenance, cloud security, cloud optimization, etc. New service projects added in the first half of the year include Midea Group terminal operation and maintenance, CDB Jiangsu Branch desktop operation and maintenance, Yuexiu Group cloud management services, and Shenzhen Bus Group hybrid cloud architecture.
In the first half of the year, Weishi Jiajie won the title of Alibaba Cloud FY21 Performance Growth Star, and sales performance reached another breakthrough. The company also received the HUAWEI CLOUD Ecosystem Challenge Award. During the reporting period, the company officially joined the Amazon Web Services China regional promotion program and became an authorized value-added promoter of Amazon Web Services in China. In the future, Weishi Jiajie will continue to work with a wide range of partners to help Chinese enterprise users quickly integrate into new infrastructure and fully embrace the new future of the digital industry.
Recently, IDC's “China Third-Party Cloud Management Service Market Share Report, 2020” was released, and Weishi Jiajie ranked 6th. According to the report, judging from the market share of service providers, the top six cloud management service providers in the Chinese market, including Weishi Jiajie, together occupied nearly 34% of the market share, after being tested by the epidemic and facing favorable policy and business aspects, which is an increase in market concentration (30.4%) compared to the same period last year.
During the reporting period, Beijing Jiajie Yunxing Data Technology Co., Ltd. officially became a partner of HUAWEI CLOUD Kunpeng Ling Yun and completed separate compatibility tests with HUAWEI CLOUD stack 8.0 and HUAWEI CLOUD Kunpeng Cloud services. The Kunpeng Cloud Partner Program is a partner program launched by HUAWEI CLOUD for Kunpeng Cloud services (including public cloud, private cloud, hybrid cloud, and desktop cloud). At this point, Jiajie Yunxing RightCloud's next-generation cloud management platform has completed compatibility and compatibility testing and verification with domestic servers such as Feiteng and Kunpeng, as well as domestic operating systems such as Galaxy Kirin. It is a cloud management platform compatible with a wide range of domestic systems.
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