杭州海康威视数字技术股份有限公司2017年年度报告（英文版）（234页）.PDF

1、 Hangzhou Hikvision Digital Technology Co.,Ltd.2017 Annual Report April 21st 2018 Hikvision 2017 Annual Report 1 To shareholders In 2017,Hikvision maintained steady and healthy growth,reporting sales revenue of RMB 41.91 billion,representing year-over-year growth of 31.22%,and net profit attributabl

2、e to the listed company of RMB 9.41 billion,representing year-over-year growth of 26.77%.In 2017,the Company focused on Hikvision-developed products,notably its intelligent products,enhancing solution through product innovation and creating more value for customers.For the overseas market,the Compan

3、y continues to expand from a channel distribution market to a project-based market.Despite a significant increase in the selling expense ratio,the Company continued to strengthen its investments in the project-based market.After several years of exploration,our innovative businesses saw certain grow

4、th.EZVIZ,business based on internet application,reported its first-ever annual profit,with sales revenue in excess of RMB 1 billion.In the window period for development of the artificial intelligence industry,the Company has enhanced its investment in artificial intelligence technology research and

5、development to ensure its industry leadership in niche areas.Capital-driven innovation leads to increasing competition for talent,rising housing prices,cost of living,and personnel costs have contributed to a rapid increase in operating costs of the Company.With enterprise growth,internal management

6、 of the enterprise becomes much more complex,and diseconomy problems resulting from increased scale increase are more prominent.Continuing to improve the internal management ability of the Company becomes more important.At the same time,rewarding shareholders with current profits is also the respons