The company passed the ISO9001 international quality management system certification in 2003 and was recognized as a Beijing software enterprise in 2006. After the implementation of the new tax law in 2008, it was among the first batch to pass the high-tech enterprise certification. In 2009, it obtained the Computer Information System Certificate from the Ministry of Industry and Information Technology. Integrated level three qualifications. It has won many honors such as Beijing Trustworthy Enterprise, State Administration of Radio, Film and Television Science and Technology Innovation Award, China Electronics Society Information Science and Technology Award, etc. The company's independently developed products have obtained multiple patent authorizations and software copyrights, and have obtained multiple test reports and network access certificates from the State Administration of Radio, Film and Television.
At present, the company's flagship product is the Ares radio and television network monitoring and management system, and based on this, it has formed a series of information release systems, advertising value-added systems, online live broadcast systems, etc. around video and audio digital processing technology. product. With strong technical strength and good user reputation, Bohui Technology is fortunate to participate in the research and development of the "Multi-channel Site Time Superposition System" of the "Shenzhou" series of spacecrafts. From "Shenzhou 2" to "Shenzhou 7", it has been responsible for Time code and station address information overlay system tasks. Bohui's monitoring products have provided important technical support to ensure the safe broadcast of radio and television programs during important events such as the 17th National Congress, earthquake relief, Beijing Olympic Games, Paralympic Games, and the National Day Parade. The company won the bid for the National Digital TV Monitoring Network Project of the State Administration of Radio, Film and Television Monitoring Center for four consecutive years in 2008, 2009, 2010, and 2011, and received high praise from users.
"Gathering talents and bringing together high-quality products" is the concept that Bohui Company has been adhering to since its establishment, and it is a high-level summary of Bohui culture. Treating employees as wealth and customers as partners, achieving the best results for shareholders, employees and customers is the company's development goal. By remaining focused on market development and focusing on innovation in product research and development, Bohui is willing to work with colleagues in the industry to contribute its own strength in the process of triple play integration.
Digital Video invested 30 million yuan in Beijing Bohui Technology
Digital Video signed a capital increase contract with Beijing Bohui Technology Co., Ltd. This investment is an important step in the company’s main business field Strategic layout and cooperation with Bohui Technology will promote the company's further improvement of its technical level in this field. At the same time, this investment also caters to the trend of triple network integration and will greatly expand the company's technology coverage.
Digital Video (300079) announced that the company signed a capital increase contract with Beijing Bohui Technology Co., Ltd., stipulating that Digital Video will increase capital in Beijing Bohui, with a total investment of 30 million yuan, of which: 2.5 million yuan Used to increase registered capital, 27.5 million yuan is included in the capital reserve fund. The company's equity holdings account for 20% of the registered capital of Beijing Bohui.
This investment is an extension of the company in the field of digital TV. The company will make full use of the existing technology and brand advantages of both parties to form complementary product lines to jointly promote the integration of the digital TV industry. This will also help optimize the company's industrial chain structure and enhance the company's overall competitiveness.
Bohui Technology’s main business is the R&D and manufacturing of audio and video products. Its main products include Ares series radio and television network monitoring and management systems, nEI comprehensive information release systems, digital TV broadcast control products and cable network advertising value-added products etc. Therefore, the company's investment in Bohui Technology through the capital increase will help provide customers with more comprehensive digital TV solutions from front-end to terminal, extend the company's digital TV product line, and ensure the company's leading position in this field.
Bohui Technology has established a sales and service network covering the whole country. Its monitoring products have more than 50% market share and serve 500 customers nationwide. These customers are radio and television operators at all levels and provincial/municipal broadcasters. Television bureaus, local television stations and IPTV operators, including the State Administration of Radio, Film and Television Monitoring Center, China Cable TV Network Co., Ltd., Beijing Gehua Cable Network Co., Ltd., Jiangsu Radio and Television Information Network Co., Ltd., Chongqing Cable Network Co., Ltd., Guangdong Southern Radio, Film and Television Media Group, etc.
In recent years, Bohui Technology has successively won bids in customer fields such as provincial and municipal TV stations, cable TV operators and earth stations, showing good growth momentum in all levels of markets. Bohui Technology's total operating income in 2009 was RMB 60.1866 million and net profit was RMB 11.1025 million.
Considering that Bohui Technology is an unlisted company and its market share is at a higher level than companies in the same industry, the investment amount for this acquisition was determined to be 30 million yuan based on a price-to-earnings ratio of about 10 times.
Bohui Technology has been developing well since 2010, and its turnover and profitability have increased rapidly. The company's operating income in the first half of 2010 completed 70.56% of the full year of 2009, and its net profit completed 102.14% of the full year of 2009. %, based on the basic judgment of the industry market situation and due diligence on Bohui Technology’s achieved operating results, sales channels and core team, it is expected that Bohui Technology’s average annual net profit from 2010 to 2012 will not be less than RMB 20 million Yuan.
Digital Video is a leading digital TV solution provider in China. The company is an equipment and software technology supplier in the digital TV industry chain. Currently, the company mainly provides products and services for digital cable TV network operators. Its main business includes digital TV conditional access systems (CA systems) and digital TV front-end equipment. As the integration of three networks further promotes the popularization of digital cable TV, the company is actively looking for new directions for expansion in its own related fields. This capital increase is an important measure for the company to integrate the upstream and downstream of the digital TV industry chain.
Currently, the company occupies 30% of the market share of domestic TV front-end equipment. The company will benefit from the rapid advancement of digital TV in my country. Relevant institutions predict that the compound growth rate of the digital TV front-end market from 2009 to 2013 will be approximately 16%; at the same time, the company is also actively exploring overseas markets. The company's current revenue share in overseas markets has a tendency to further expand, which is also conducive to the company's diversified operations and improved profitability.
In recent years, in order to encourage the development of the digital TV industry, the state has successively introduced a series of regulations and policies to promote the development of the industry and enterprises. The good policy environment and broad market space will further promote the operation of Bohui Technology The rapid development of business. Judging from the development of the digital TV industry, the industry will enter a period of rapid growth in recent years, with merger and acquisition opportunities emerging within the industry.
Digital Video's 2010 third quarter report shows that the company achieved operating income of 242 million yuan in the first three quarters, a year-on-year increase of 25.98%; net profit attributable to the parent company was 106 million yuan, a year-on-year increase of 41.88%, and earnings per share of 1.07 Yuan.