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A Chinese enterprise records revenue of nearly 20 billion USD/year

According to China Daily (China), Digital China Group, a leading provider of cloud services and digital transformation solutions in China.

In which, the digital transformation and cloud computing business of Chinese enterprises witnessed rapid growth; with revenue up 46% year-on-year to 3.88 billion yuan (VND 13.9 billion).

Spending on research and development (R&D) will reach 240 million yuan in 2021, up 32%.

In addition, revenue from the business of owned brands increased 127% to 1.65 billion yuan (5.9 billion dong) according to the 2021 reporting period, of which the information technology business achieved 1.15 billion yuan (4.1 billion dong) in revenue, up 236% year-on-year.

In the report, the Chinese company affirmed that it continues to provide digital solutions to customers in the areas of retail, FMCG, automotive, culture, tourism and finance. Chinese enterprises have stepped up efforts to build a wide range of products including computing, storage, transmission and data security to provide and support enhanced computing capacity.

Guo Wei, President of Digital China, said that enterprises need to make more efforts to realize the integration of cloud-based engineering architecture systems and provide customized data centers. .

Founded in 2000, Digital China has a mission to “help China improve through digital transformation”, citing a statement on the company’s English-language website. According to the company, the industry with the innovation of core technologies and the promotion of the great rejuvenation of China by digital technology holds great promise.

The company claims that it is “a leading provider of cloud services and digital transformation solutions in China”. Digital China integrates digital technologies and builds full cloud services, as well as products and solutions.

China Daily speak Chinese enterprises The nation’s leading provider of products, solutions and services for the entire lifecycle of digital transformation, continuously enabling the digital economy industry to evolve and upgrade.

Digital China Group is a listed company on the Exchange Shenzhen Stock Exchange. At 4:45 p.m. on April 1 (Hanoi time), the company’s market price was 15.18 yuan (about 55,000 VND)/share. The highest price in the past one year was 23.08 yuan (VND 82,000).

According to global consulting firm Gartner Inc., total worldwide IT spending is projected to be $4.5 trillion in 2022, up 5.5 percent from 2021, exceeding expenditures. for the software application industry.

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