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  • News

    Aug 23,2021

    Damon Released the Financial Report For the First Half of 2021: Double Growth in Revenue and Net Profit

    Damon Technology Co., Ltd. (688360. SH), a world-renowned provider of intelligent logistics system and core equipment, officially released the financial report for the first half of 2021.

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    The financial report shows that in the first half of 2021, Damon achieved an operating revenue of 587 million yuan, an increase of 88.19% over the same period of last year; The net profit attributable to the shareholders of the listed company amounted to 32.4537 million yuan, a year-on-year increase of 250.12%; The basic earnings per share was 0.45 yuan / share, a year-on-year increase of 164.71%.



    Rapid growth of total operating revenue

    The total operating revenue 587 million yuan, a year-on-year increase of + 88.19%

    Rapid growth of net profit

    Net profit of 39 million yuan, a year-on-year + 167.10%

    Deduct non net profit of RMB 32 million, a year-on-year + 250.12%

    Continuous improvement of growth ability

    Earnings per share 0.45 yuan, a year-on-year increase of + 164.71%


    "Damon Technology continued to promote the strategy of scale, digitization and globalization, gradually realized a wide range of product innovation, factory manufacturing and capacity upgrading Based on the application of AI, IoT and other intelligent technologies, deeply cultivated the domestic market, expanded international business, actively overcome the adverse impact of the epidemic, and realized the steady growth of main financial indicators."


    The R&D of products and technologies has been strengthened

    According to the semi annual report, in the first half of 2021, Damon’s R&D investment reached 33.191 million yuan, a year-on-year increase of 38.4%, and the R&D investment accounted for 5.66% of the operating revenue. During the reporting period, Damon Technology made full use of the ability of digital technology to drive product R & D and continuously increased the innovation and application of advanced technology with "AI + IoT" as the core in traditional logistics equipment.


    R&D Investment: 33.19 million yuan, a year-on-year + 250.12%


    Artificial intelligence and Internet of things technology will be the core technical support for the digital scene of intelligent logistics in the future, and also the strategic direction of Damon's product and technology development. The company will make full use of 5G communication, cloud platform, AI + IOT and other technologies to carry out digital superposition of equipment, build a full life cycle management platform for equipment, maintain good operation status, give full play to efficiency, save costs and create profits for customers through intelligent scheduling and preventive maintenance of equipment and systems.

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    At present, Damon has many intelligent products, such as intelligent roller, digital Internet of things cross belt sorter, intelligent forklift AGV based on innovative visual navigation, intelligent box multi-layer shuttle, intelligent single piece separator, "Phegda" equipment prediction and health management system. At the same time, Damon has developed an industrial 5G data acquisition gateway suitable for intelligent logistics system, which makes the data interaction between intelligent logistics equipment and platform more efficient, and has the characteristics of high speed, strong link, low delay, safe transmission and so on. Damon will firmly grasp the development direction of intelligent logistics technology and accelerate the implementation and application of major advanced technologies in intelligent logistics equipment and systems.


    The globalization strategy was steadily implemented

    Damon Technology is one of the first enterprises in the automatic conveying and sorting industry to enter the international market. Since 2011, Damon has formulated and actively implemented the globalization strategy. After nearly ten years of development, Damon has formed a product manufacturing system of "central factory + regional factory + global assembly factory" and a global service network, and provide overseas customers with rapid product delivery and localized whole process services from sales, scheme planning to project delivery and after-sales service. Damon's intelligent logistics equipment and systems serve leading customers in DHL, Amazon, UPS, FedEx and other industries, and have achieved overseas market performance ahead of their peers.

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    The overseas market is the core of the globalization strategy in the company's development strategy in the future. Damon will continue to improve the localized service system in the overseas regional market, accelerate the localized assembly production of conveying and sorting products, further improve its competitiveness in the international market and make greater efforts to explore the overseas market.


    Accelerate the layout of intelligent manufacturing industry

    In recent years, the market demand of high-end equipment manufacturing industry represented by intelligent manufacturing is strong. Using intelligent manufacturing equipment to upgrade and transform traditional industries will help to promote the continuous expansion of demand in the field of intelligent manufacturing equipment, and the industry presents a good development prospect. As a member of the high-end equipment manufacturing industry chain, Damon Technology follows the trend, accelerates its layout in the intelligent manufacturing industry, and improves its performance in the intelligent manufacturing field by quickly acquiring projects. Especially in the first half of 2021, while maintaining the growth of business orders in e-commerce, express, clothing and other industries, Damon has deeply developed the intelligent manufacturing market.

    智能制造.jpgIn the intelligent manufacturing section, Damon has successfully implemented intelligent manufacturing factory projects such as Huawei, Ashtar and Shenzhou Knitting, which have been highly praised by customers. At the same time, facing the rapid development of new energy automobile industry, the company has optimized parts and key equipment according to the manufacturing environment characteristics of lithium battery industry, The adaptability and competitiveness of products in the new energy industry have been improved. Damon's products have entered a number of manufacturing plants in the new energy industry in batches.


    Future prospects

    With the emergence of a large number of intelligent logistics technologies, the development degree of logistics equipment industry will become one of the symbols to measure the country's comprehensive strength in the future. As a leading enterprise in the field of domestic intelligent logistics equipment, Damon Technology always adheres to taking technological innovation as the core competitiveness of the enterprise, and independently develops key technologies in transportation, sorting and core driving. Damon will take the "Internet plus IoT" as the goal, focus on resources for automated logistics equipment manufacturing and application, support remote maintenance and diagnosis system based on IoT, AI, AR technology, and strive to create a new generation of logistics system solutions. At the same time, facing the global market, taking customer value as the core, along the road of high-quality development, give full play to the advantages of the industrial chain from core software and hardware to system integration, and strive to become an intelligent logistics equipment provider with global influence and make more outstanding contributions to social and economic development!


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