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Public company info - Qianlong Technology International Holdings Ltd. , 08015.HK
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Qianlong Technology International Holdings Ltd., 08015.HK - Company Profile
Chairman LIAO Chao Ping
Share Issued (share) 253,000,000
Par Currency Hong Kong Dollar
Par Value 0.1
Industry System Applications & IT Consulting
Corporate Profile Business Summary: The principal activities of the Group are the research, development and distribution of software, and the provision of related maintenance, usage and information services in the PRC. Performance for the year: Turnover in the year ended 31 December 2010 increased by 33.62% to RMB112,436,000 (2009: RMB 84,146,000) Profit attributable to owners of the Company in the year ended 31 December 2010 increased by 22.44% to RMB22,574,000 (2009: RMB 18,437,000). Business Review: During the year 2010, the Chinese economy continues its up-trend from the prior year, however, part of the economy’s growth appears overheated. In the first half of the year, the European debt crisis aggravated the global economy, increasing the possibility of a second downturn. The local securities market suffered large due to the rapid decrease of sales of domestic real estate market and the uncertainty of the export market. The Shanghai Securities Index decreased from 3277.14 at the beginning of the year to a bottom of 2319.74. The stock market transaction turnover was also in a downturn and market sentiment was also depressing. All of this affected the investors’ effective requirements of financial information services. The Group’s management team responded to this unfavorable market actively by enhancing technology innovation and improving the finance model. The Company strengthened products’ functions, increased investment in research, enriched product structure, increased brand and market promotion and improved the sales network. These operations advanced the Company’s research and development capabilities and provided protection from market risk to ensure that sales income and profit continue to maintain a certain level of growth. With hardware updates in securities houses and the variance of investors’ requirements, the current Novell platform was unable to meet the requirements of the fast changes made by securities houses. Therefore, the Company researched and developed a complete solution based on Linux platform. The complete system has been transferred from Novell platform to Linux platform with consideration to practicability and safety. The layout and function on the customers’ end retain Qianlong’s traditional features and usage, allowing a seamless transfer without users noting a system change at all. This was greatly welcomed by the securities houses, resulting in good sales trend. With the continuous innovation of transaction products in the securities market, except for main finance products such as stocks, debts, funds and futures, the launch of finance securities and stock index futures should push the securities market to develop further. In order to meet market requirements, the Company promptly launched products addressing stock index futures and commodities futures. Based on the original Qianlong Platform, the information disclosure function was added for stock index futures and commodities futures. With the futures index information and consignment order system, the products will lead the new age of financial futures analysis transaction systems. For the year ended 31 December 2010, the Group has recorded RMB29,320,000 on Internet version market, representing 26.07% of the total turnover. The Group has recorded RMB 21,864,000 on Gang Gu Tong used for Hong Kong securities information, representing 19.44% of the total turnover. Prospects: During the year of 2010, the securities market appeared to go through periods of corrections , however, Qianlong products still achieved progress. In the organizational users’ market, the Company completed the development of “ShenWan Index Disclosure Platform”. Many other consignment transaction platforms for A-stock securities traders and Hong Kong stock consignment transaction platforms for Hong Kong securities traders have achieved in-depth application. Tthe Company has become the leading provider of consignment products. At the same time, the technology and performance of related products have also been enhanced. For example, the development of security series products will enhance the competitive edge of consignment transaction products. For Hong Kong Stock consignment transaction clients, the added function of batch consignments have met high end investors’ requirements. Regarding the support of new business development, Qianlong always has had excellent performance, such as finance securities, stock index futures and the extension of transaction time of Hong Kong stocks; all were achieved at initial try. Qianlong has also provided tailored functions for customers such as developing a new finance network interface for Guotai Jun’an. The launch of Qianlong’s new age of finance platform has achieved actual development and a leading domestic securities house has signed contract formally with the Company to become the user of this product. Qianlong’s new age of finance platform were welcomed by securities houses as it will help the securities houses increase efficiency with their own resources and become leaders in the market. The popularization of the new finance platform reconfirms Qianlong’s leading position in the industry and makes Qianlong the new benchmark in the new round of competition among securities information products. The universal version running on the Company’s own platform has been used by many online transaction users; the feedback from these users are very optimistic, showing satisfaction with performance, content and function. With further promotion, Qianlong’s new generation of finance platform will lead the securities software industry on mainland China to a new age. On individual user products, the stock index futures strategy analysis software “Futures Index Winner” is showing its market application potential after the formal launch. The strategy analysis module in Futures Index Winner has adopted the wisdom of professional experts with long term and actual experience in overseas stock index futures, allowing the software to not only disclose live information of stock index futures, but also become a stock index futures decision tool rarely seen in China. Therefore, we can forecast the product’s welcome by the thousands of initial stock index futures customers. “Qianlong Futures Index Winner” has been further improved with the use of SK wave strategy, AF alarm strategy to make Qianlong Futures Index the undoubted frontrunner of the professional stock index and futures strategy analysis software in mainland China, establishing a solid reputation among high end investors of stock index and futures. On individual user products, the totally new analysis software targeting Hong Kong Hangseng Index Futures, “Hangseng Winner,” has been launched with new data mining technology to provide real time information data analysis. By uniting transaction strategies in different periods, the product provides users effective investment transaction strategy analysis and operation suggestions, resulting in higher success rates. The continued development of these strategy softwares satisfies the needs of high end users. Especially notable is the new Xi Wei Mi Ma product has been completed in development by year end; unprecedentedly applying data mining technology in the securities analysis field to fill a gap in Chinese professional securities analysis software. Xi Wei Mi Ma , after undergoing data processing, utilization, will provide investors with a new practical tool for securities analysis. At the same time, investors can come to believe the open and transparent data already includes effective information and no longer need to believe in so called inside information and rumors. It can be said to be an excellent example of using technology to curb insider trading. It hopes to bring significant economic benefits, as well as great social benefit. Moreover, the mobile phone version of “Palm Qianlong” has been improved to cover most of the mobile phone platforms with unique functions and excellent performance. The “Palm Qianlong” for iPhone was listed by tha AppStore to be a best application of the week, very welcomed by Apple’s users.

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