News

Digital China: Soaring achievements at HSP

By Wang Peisen (China Daily)
Updated: 2010-09-13 08:26

Among the many remarkable companies that have grown up in Haidian Science Park (HSP) is Digital China, which was spun off from the computing pioneer Legend Group in 2000.

Along the way, it has operated from the Digital China Mansion and on to its own Digital Technology Plaza, from listing on Hong Kong stock market in 2001 to growth into one of China's top software firms.

"As it grew with the park, the company developed more than 300 software solutions and more than 180 copyrights and product patents," said Guo Wei, president of Digital China.

In 2007, Digital China was selected as one of the 100 innovative enterprises in Zhongguancun.

Two years layer, it received certification for its IPv6 Ready DHCPv6 server, making it a leader in IPv6 networking, a cutting edge technology in the world.

In May, Digital China became deputy group leader of the Chinese IT Standards Working Group, the same month it was named one of the "Software Top 100" by the Ministry of Industry and In-formation Technology and the National Bureau of Statistics.

"I believe Digital China and other Zhongguancun-based companies will conquer even higher ground, fostered by Zhongguancun and HSP's intelligent soil," Guo said.

Strategy, service

In 2007, Digital China clearly put forward its strategy of IT service transformation and implemented its second five-year plan based on the strategy.

By 2009, the company was named one of the Chinese enterprises with most potential by The Asset, an English-language economic monthly magazine, and was named third in the technology industry group.

That year it was also selected as one of the 50 Best Asia-Pacific large listed companies by Forbes magazine.

Other highlights include a "citizen card" issued by Digital China to local residents in cooperation with the Yangzhou municipal government in 2009, the first card to integrate government public ad-ministration, public utilities service and financial payment and settlement.

"The following year, we extended use of the card to Wuxi, Zhangjiagang, Zhenjiang and other cities," Guo said.

In 2010 it was listed 77th among Fortune magazine's China 500 and ranked first in information technology ahead of Tencent, SNDA, Baidu and other companies.

From April to June this year, the firm had revenues of HK$13.01 billion, representing an increase of more than 22 percent over the same period of last year.

Digital China's net profit of HK$290 million was an increase of 10.8 percent compared with the same period last year, while first quarter earnings per share grew 4.44 percent.

(China Daily 09/13/2010 page)