Changjiang Commercial Daily News ● Changjiang Commercial Daily reporter Shen Yourong
Major The order "Fly"!Jinji (300798.SZ) industry transformation is frustrated.
On November 12, Jinji shares issued an announcement, and the companys wholly -owned subsidiary Yingzhi Innovation (Shenzhen) Technology Co., Ltd. (hereinafter referred to as "Yingzhi Innovation") terminated about 922 million Yuans computing power service contract.
This is a major order signed by Jinji shares at the beginning of the year. The order amount accounts for 97.22%of the companys operating income in 2023, which is also a sign of the companys transformation and progress in the field of computing power.Jinji shares once said that the order will have a certain impact on the companys operating results this year.Today, the order is terminated, and the company also claims that it will not have a significant adverse effect on its financial conditions and business results.
Jinji shares are mainly engaged in the research and development, production and sales of dyes. In 2019, they landed in the A -share market. Due to the market environment and other factors, the companys operating performance was not ideal.In recent years, the company has actively transformed into the popular computing power field and has a layout of computing power leasing business.
For large orders, Jinji shares said that the companys computing power business is carried out normally, and the implementation of computing power supply, computing power scheduling and scenario -based application.
It is worth mentioning that in the first three quarters of this year, Jinjis operating performance fell again.The net profit attributable to shareholders of the parent company (hereinafter referred to as "net profit") was only about 8.82 million yuan, a decrease of nearly 70%year -on -year.
After losing the big order, it is still said that there is no major adverse effects
The announcement of the announcement, the abnormality of Jinji has aroused high market attention.
According to the latest announcement, a computing power service contract signed by Yingzhi Innovation, a wholly -owned subsidiary of Jinji, terminated.
This contract was signed earlier this year.On January 3 this year, Jinji Co., Ltd. announced that according to the companys strategic development plan, Yingzhi Innovation of the companys wholly -owned subsidiary and Shenzhen Extraction Yunlian Technology Co., Ltd. (hereinafter referred to as "Extraction Yunlian") "For the Resource Operation Contract", provide computing power services to the Extraorded Clouds.
Specifically, the interesting Yunlian leases Yingzhi Innovation 2048P artificial intelligence computing service, with a total contract amount (tax included) of about 922 million yuan, the lease period is 60 months, temporarily temporarily, temporarily From January 1, 2024 to December 31, 2028.
Jinji shares announced that the credit status of the interesting Yunyunlian has a good credit condition and has a good performance ability.It is reported that the interesting Yunlian has the first type of value -added telecommunications business qualification, and has long been engaged in Internet data center business, content distribution network business, and Internet access service business.
At that time, Jinji shares said that the signing of the contract has determined the long -term cooperative relationship between the company and the Empties and Extraordinary Yunlian Company, which helps the companys computing power leasing business to develop rapidly.The fulfillment of the contract is based on the completion of the first phase of the AI project.At present, the companys computing power scale is about 500P. After the relevant computing power equipment is composed, the service business can be provided. The signing of this contract is expected to have a certain impact on the companys operating results this year.
However, for the signing of the above contract, some people questioned that the number Is it more than 900 million yuan in computing power services?
The concerns of the market are still here.According to the announcement, the computing power market environment has changed drastically, and the business -related business failed to carry out as scheduled, resulting in substantial obstacles to the performance of the original contract. After friendly negotiation between the two parties, they agreed to terminate the original contract.The announcement states that it is the result of the objective changes of the business procurement of the computing power business and the consensus between the two parties.
Jinji shares said that the termination of the above contract will not have a significant adverse effect on the companys financial status and operating results, and will not affect the normal development of the companys computing power business.The company is still committed to the project construction of the "AI Innovation Empowerment Center Project" and steadily carried out the construction of the later computing power project. On the basis of providing computing power services outside the existing computing power equipment, it has continuously expanded on the basis of project planning based on project planning. Computing power services, promoting computing power supply, computing power scheduling, and the implementation of scenario -based applications.
According to disclosure, as of the end of October this year, Yingzhi Innovation has completed the computing power of the procurement of computing power equipment for 1696P, and completed all networking; based on the foundation of the computing power equipment of the group, the foundation of the computing power equipment foundation of the group of network power equipment; In the end, it has signed a phased computing power lease contract with a number of customers, and a total of 15.896 million yuan in operating income has been achieved.
The transformation has not yet been effective business pressure
The transformation of Jinji shares is not smooth.
The field of transformation and computing power is an important layout of Jinji industry transformation.In the 2023 annual report, the company stated that according to the needs of operating development, the establishment of Yingzhi Innovation was established 100 million yuan, and it was planned to invest in the construction of the AI Innovation Empowerment Center project in Nanshan District, Shenzhen.The AI Innovation Empowerment Center project plans to build a 100,000P computing intelligence computing computing power network. The construction scale of the first phase is 2000P, and the construction of 8000P is successively constructed in the later period.
Yingzhi Innovations computing power business is based on the progress of the construction of the AI Innovation Empowerment Center project.If a contract is signed with the interesting Yunyunlian, the procurement progress of the computing power server and the development of the AI computing power business are agreed.
In the process of construction, Yingzhi Innovation also encountered a supply of suppliers.In October last year, Yingzhi Innovation intends to purchase the AI server from Beijing Shenwan Technology Co., Ltd., and the contract amount signed is 312 million yuan (including tax).By the beginning of this year, due to the external environment, the supplier failed to deliver the computing power server.
Although the above orders have been lost, Jinji shares said that they will continue to negotiate with relevant third -party suppliers in order to build a 2000P computing project as soon as possible.
According to the planning of Jinji, after the AI Innovation Empowerment Center project is completed throughout the year and gradually reached its production, the company will form a dual -main business pattern of dyes and computing power.
From the current status quo, the effect of transformation is not good, and the companys traditional main business operation is under pressure.
Jinji is a professional dye producer in the industry in the industry. At present, there are 424 varieties of 28 series of active dye products. Professional dye producers, the main products are active dyes, for dyeing and printing of textiles.
From the perspective of operating performance, since its listing in 2019, the operating performance of Jinji Co., Ltd. has declined as a whole.In 2016, the companys net profit was 116 million yuan, 104 million yuan in 2018, and in 2019 and 2020, which were 96 million yuan and 23 million yuan, a year -on -year decrease of 7.65%and 76.24%.In 2021, the company realized net profit of 52 million yuan, an increase of 129.07%year -on -year, and a large drop in 2022, a large drop of 85.55%, only 08 million yuan.In 2023, net profit rose to RMB 1.16 million, and in the first three quarters of this year, it fell to 109 million yuan, a decrease of 69.89%.
In terms of operating income, in 2018, 1.202 billion yuan, 2019 and 2020 were 1.124 billion yuan, 754 million yuan, respectively. In the first three quarters of this year, it was 708 million yuan, a slight decline in the year -on -year.
Jinji still has financial pressure.As of the end of September this year, the companys monetary funds were 188 million yuan, and the interest liabilities were 422 million yuan.
Whether Jinji shares can eventually break through with our computing power business, which has attracted much attention from the market.
