Damon Technology (688360. SH) officially released the performance report for the first three quarters of 2021. The report shows that in the first three quarters of 2021, Damon achieved a total operating revenue of 1.033 billion yuan, an increase of 125.15% over the same period of the previous year; The net profit attributable to the shareholders of the listed company amounted to RMB 50 million, with a year-on-year increase of 142.12%, and the earnings per share was RMB 0.69, with a year-on-year increase of 81.58%. It is worth mentioning that the Damon's R&D investment in the first three quarters totaled 55 million yuan, a substantial year-on-year increase of 53.65%. The continuous growth of R&D expenses provides a strong guarantee for the improvement of Damon's technology strength.
After the listing of Damon, its operation is stable and its financial indicators are good. With the development of business, Damon's asset scale is gradually increasing, operating income is growing rapidly, profit quality is steadily improving, and cash flow is continuously optimized. As a potential stock of STAR market, Damon Technology mainly relies on core technology for production and operation, and has huge growth space in the field of logistics equipment.
Recently, recommended by Shanghai Securities News, the program group of Innovation China entered the Huzhou manufacturing base of Damon Technology, and Zhuo Xu, chairman of Damon Technology, was interviewed.
In recent years, Damon Technology has continuously polished its own strength and won honors such as the National Specialized New "Little Giant" Enterprise of the Ministry of Industry and Information Technology, Zhejiang Province "Invisible Champion" Enterprise, Provincial Academician Expert Workstation, Provincial Key Enterprise Research Institute, Provincial Enterprise Technology Center, etc.
"Little Giant" contains great energy. As a leading scientific and technological innovation enterprise in the domestic logistics equipment industry, Damon is committed to the R&D and application of intelligent logistics technology. With stable and reliable manufacturing process, Damon continues to launch innovative products that meet the market demand and promote the development of the industry, and has been widely used in many fields such as e-commerce, express delivery, shoes and clothing, supermarket retail, intelligent manufacturing, medicine, tobacco and so on. Damon has a complete intelligent logistics product line with high product independence. From basic core parts, cost-effective transportation and sorting machine products, to flexible systems based on logistics robots, and then to major industries application solutions of logistics warehousing and distribution integration,covering the whole industrial chain of intelligent logistics equipment.
At the same time, Damon focuses on high-quality customers in major industries. Its business covers more than 30 countries and regions around the world, and its market share ranks in the forefront of the industry. It has built advanced intelligent logistics automation system solutions for benchmark enterprises such as Cainiao, Vipshop, Suning, Jingdong, SF, HEMA, Anta and ASD, assisted the logistics supply chain of head customers, provided fast one-stop whole process services for efficiently completing the operation links of logistics warehouse allocation, and realized the improvement of production capacity and efficiency.
The scientific innovation attribute is outstanding, Damon has outstanding advantages
As a national key high-tech enterprise, Damon always believes that science and technology is the first productive force, and scientific and technological innovation is the fundamental condition and powerful engine for the company to achieve outstanding value.
Core technology strength
Damon is an early domestic enterprise focusing on logistics transportation and sorting equipment. After long-term tackling, Damon has obtained a series of key core technologies. With years of technology accumulation, Damon has obvious competitive advantages in transportation and sorting technology and intelligent drive technology, and its core technology and equipment performance are at the international advanced level. According to statistics, Damon has successfully obtained 179 items of patents (including 23 invention patents) and 27 items of effective software copyrights. While investing in hardware, it does not forget the development of supporting software, and has mastered a number of non-patented core technologies. With the industry-leading large-scale logistics equipment manufacturing capacity, Damon has rapidly realized industrial application. The research and development of core technologies and the rapid transformation of achievements are one of Damon's main competitiveness.
Strong R&D capability
Damon attaches great importance to independent R&D and technological innovation, sets up a product testing and Exhibition Center, focuses on cutting-edge technologies in the industry, deeply analyzes the application difficulties of technologies, and solves the problems faced by customers. At present, the number of R&D personnel of Damon accounts for nearly 20% of the total number of employees. They are from famous domestic universities and have rich experience and industry experience in product design, solution planning, software engineering, etc.
Relying on the logistics technology research institute, Damon regularly organizes logistics technology seminars with an open, inclusive and collaborative innovation mechanism to gather the wisdom of the whole industry, meet the needs of the logistics equipment market and pull the improvement of whole industry and industrial chain.
Diversified cross-border cooperation
For the past few years, Damon has continuously carried out cross-border cooperation, shared resources, for strategic joint research and development, and achieved high technological innovation and application efficiency. It has successively cooperated with world-famous enterprises Cognex and Schneider to jointly promote the application of machine vision technology and digital technology in the field of logistics transportation and sorting. At the same time, it has also cooperated with technology enterprises such as Dahua Technology, Tencent Cloud and Honeywell, jointly promote the implementation of intelligent logistics solutions in the field of intelligent manufacturing.
Damon has established industry university research cooperation in the field of logistics equipment with Germany Fraunhofer Logistics Research Institute, Shanghai Jiaotong University, Zhejiang University and other professional colleges and scientific research institutions at home and abroad, carried out technical research and technology introduction, presided over and formulated a number of national and industrial standards, and undertook a number of major national, provincial and municipal scientific research projects, and made certain technical achievements.
Give Damon answer for the intelligent logistic future
With the promotion of industry 4.0 and “Made in China 2025”, emerging technologies such as Internet of Things, cloud computing, artificial intelligence and 5G will become the core technical support of intelligent logistics application scenarios in the future, and the logistics equipment industry will show the development trend of unmanned, intelligence and digitalization. Therefore, advanced digital logistics technology will penetrate into all links of logistics, including product digital R&D and factory digital management, which becomes an important port for the development of logistics and supply chain.
Damon will firmly grasp the technology R&D direction of digital intelligence, develop from single machine equipment technology to electromechanical software integrated automation technology, and finally form an intelligent platform technology. Digitization has become the core strategy and decision-making means of Damon. Damon has decided to cooperate with SAP to realize the digital transformation of enterprises by using the information system based on big data sensors, cloud service architecture and communication technology.
After 20+ years of precipitation and forging ahead, Damon Technology has always led the development direction of China's intelligent logistics technology. In the future, Damon will adhere to its original intention, continue to strengthen R&D and do the deep ploughing and intensive cultivation in the field of intelligent logistics equipment, give full play to the advantages of the industrial chain from core software and hardware to system integration, make every effort to create value for customers' intelligent logistics system with innovative technology and professional services and new and old partners, and forge ahead on the road of intelligent logistics development, become the backbone of promoting the reform of logistics supply chain.
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