Desheng Technology’s revenue from “Human Social Operations and Big Data Services” continues to grow in the first quarter of 2024

On the evening of April 24, Desheng Technology released its first quarter report for 2024. Data show that in the first quarter of this year, Desheng Technology achieved total operating income of 152 million yuan, a year-on-year decrease of 11.87%; net profit attributable to the parent company was 6.8675 million yuan, a year-on-year decrease of 55.83%.

On the evening of April 24, Desheng Technology released its first quarter report for 2024.

Data show that in the first quarter of this year, Desheng Technology achieved total operating income of 152 million yuan, a year-on-year decrease of 11.87%; net profit attributable to the parent company was 6.8675 million yuan, a year-on-year decrease of 55.83%.

Desheng Technology said that due to the overall market factors, the company\’s confirmed revenue declined in the first quarter. At the same time, the increase in expenses related to strategic business has put pressure on profits.

As the market environment gradually recovers, the number of successful bids has rebounded significantly in the first quarter. The number of successful bids for the company\’s orders has increased by 73.33% year-on-year, which is expected to be reflected in contracts and revenue in the second and third quarters.

Among them, Desheng Technology\’s \”human and social operations and big data services\” achieved sustained breakthroughs in the first quarter, with revenue from this type of business increasing by 85.49% year-on-year.

In the second quarter of 2024, Desheng Technology will follow the trend of increasing number of winning bids, increase the implementation and promotion of strategic products (such as digital public employment services, AI convenience service stations, people\’s livelihood data products, etc.), and actively achieve strategic transformation and upgrading. New business breakthroughs.

The relevant person in charge of Desheng Technology revealed that \”human and social operations and big data services\” are currently the focus of Desheng Technology this year.

According to the previously disclosed 2023 annual report, Desheng Technology achieved revenue of 238 million yuan in \”human and social operations and big data services\” in 2023, a year-on-year increase of 44.15%, accounting for 28.26% of operating income.

Throughout 2023, the value of newly signed contracts for this type of business will increase by more than 20% year-on-year.

Currently, in the field of data, Desheng Technology has become a data broker/data merchant for more than 10 data exchanges across the country, including Shenzhen Data Exchange, Guiyang Big Data Exchange, and Fujian Data Exchange, and has successfully built employment monitoring and policy recruitment. , background checks and other more than 10 data products, forming a proactive service mechanism of \”precisely finding people\”.

The company reaches the C-end through data products, enriching users\’ applications in medical, employment, financial and other scenarios, forming multi-dimensional personal portraits, and consolidating the \”national account\” attribute of social security cards.

In the field of government affairs and people\’s livelihood, Desheng Technology uses a variety of emerging technologies such as large government models, digital people, and big data, and takes knowledge operation and data base as the core to innovatively launch the \”AI Convenience Service Station\” – Desheng Digital Civil Servant, to serve the people Provide a full range of government affairs business consulting, guidance, and one-stop services to help governments and banks achieve \”accurate recruitment\” and \”accurate services\” in policies.

At present, the company has successfully signed contracts with Qingdao, Nanchang, Guang\’an, Sichuan and other cities, and the order volume is gradually increasing.

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