What is the basic salary and salary of Shenzhen Zhuoyi Technology Co., Ltd.? How about internship there?

the company has been successively awarded as a high-tech enterprise in Shenzhen, a leading private enterprise, a member of CMMB industry technical standard group, an AA enterprise of Shenzhen Customs, and an enterprise on the third SME credit list assessed by Shenzhen Credit Association. Zhuoyi Technology ranks among the top 1 enterprises in Nanshan District of Shenzhen, and is a large taxpayer in Nanshan District. Supported by a series of supporting funds, including information construction, interest-free, discount interest, taxation, etc., Industry-University-Research Research Base was jointly established with Shenzhen Graduate School of Peking University to engage in the joint development of digital multimedia transmission and access equipment.

the company has concentrated a large number of outstanding talents, has strong independent design, development and production capabilities, and has more than 1 R&D technicians, which can provide tailor-made products and services for various customers.

The company has always attached importance to the self-development of employees. After work, the company often organizes colorful recreational activities, such as football, table tennis, badminton, etc., and organizes a free tour every year. The working environment of employees is good, all workshops are air-conditioned and dust-free and antistatic, and all employees go to work by bus. The managers of the company are making unremitting efforts to create a better working and living environment for employees and make all employees feel at home.

Shenzhen zhuoyi technology co., ltd. ranks in the front of the industry in terms of market share of communication network products and audio-visual products, and has become a strategic partner of well-known domestic enterprises such as Huawei, ZTE, ASUS and Lenovo, providing ODM/EMS contract manufacturing services for them and becoming a leading enterprise in the same industry. At the same time, the related business has expanded to overseas markets, and the products are all over the world.

Company background

The company is a high-tech enterprise dedicated to three major electronic products: various communication network products, audio-visual electronic products and handheld terminal access equipment. The business is to provide contract manufacturing services for network communication and consumer electronics products for domestic and foreign brand channel providers in ODM/EMS mode. The company's main products are ADSL modems, WIFI wireless products, Ethernet products, digital TV set-top boxes, portable audio and video products, GPS, etc. The market share of the company's communication network products and audio and video products ranks at the forefront of the industry. It has become a strategic partner of well-known domestic enterprises such as Huawei, ZTE, Asus, Lenovo, etc., providing ODM/EMS contract manufacturing services for them, becoming a leading enterprise in the same industry, and its related business has expanded to overseas markets, with products all over the world. The company and Shenzhen Graduate School of Peking University jointly established the Industry-University-Research Research Base. Engaged in the joint development of digital multimedia transmission and access equipment.

Business scope

Computer peripheral boards, consumer digital products, communication network products, audio products, radio, film and television equipment,

modems (excluding satellite TV broadcasting ground receiving facilities), USB flash drives, MP3, MP4, digital TV system user terminal receivers, network switches, wireless network adapters, wireless routers, VOIP gateways, etc. Technology development, purchase and sale, purchase and sale of electronic products and other domestic commercial and material supply and sales industries (excluding franchised, specially controlled and monopolized goods); Engage in import and export business (except for items prohibited by laws, administrative regulations and the State Council, and restricted items can only be operated after obtaining permission).

Corporate culture

Management policy

Customer first, and meet customers' ever-increasing needs with continuously improved quality;

pay attention to natural resources and maintain the ecological environment; Create a beautiful home and achieve sustainable development;

To establish a good occupational health and safety management atmosphere, we promise to:

* comply with relevant laws, regulations and other requirements;

* Implement process monitoring to achieve the goal of continuous improvement.

Address: Building 5, Private Enterprise Science and Technology Industrial Park, Xiliping Mountain, Nanshan District, Shenzhen

Relevant data

The mid-year report has announced

The stock price of large orders

Thanks to the recovery of the whole electronics industry and the increase of the market share of the company's core customers, Zhuoyi Technology (2369) achieved good business performance in the first half of the year. According to the mid-year report, the company's net profit growth from January to September is expected to be above 5%.

during the reporting period, the company achieved operating income of 36 million yuan and net profit of 3.3 million yuan, with year-on-year growth rates of 113% and 13% respectively, and earnings per share of .34 yuan. In addition, the company launched a dividend plan to distribute 5 yuan for every 1 shares. Due to the economic recovery, the market of Internet terminal products has shown a trend of sustained and rapid expansion, and the purchase volume of network communication terminal products by the company's main customers, such as Huawei and ZTE, has greatly increased, thus driving the production and sales of related products of the company to flourish. According to the report, in the first six months, the company produced 5,788,5 network communication terminal products and 1,4,1 portable consumer electronics products, up by 13% and 8.64% respectively over the same period of last year. Due to strong demand, almost all related products were sold.

in the second half of the year, the company will successively add 16 SMT production lines and supporting plug-in production lines, etc., so as to ensure the increase of production capacity and meet the increasing demand for orders; In addition, in order to cooperate with the future 3C converged product market, the company plans to increase in-depth research in broadband access software, wireless routing, network management and other fields, and gradually establish its own R&D and testing platform. In terms of network communication products, we will continue to promote in-depth cooperation with core customers such as Huawei and Asus, and share the fruits of its continuous growth in global market share; As for audio and video products, we should pay close attention to the markets of developed countries and regions in Europe and America. On the one hand, we should increase the introduction of high-quality customers and develop new products that conform to the market trend to achieve sales. At the same time, we should fully follow up the development of their own brands of foreign mainstream channel providers and become their qualified suppliers.

Analysis and comments

From January to June, 21, the company realized revenue of 358 million yuan, up 115.8% year-on-year, net profit attributable to shareholders of listed companies was 3.4 million yuan, up 13% year-on-year, net profit after deducting non-profit was 29.33 million yuan, up 195% year-on-year, and diluted earnings per share was .3 yuan, which was in line with expectations.

The rise of ZTE mainly depends on the rapid growth of local equipment, which has entered the middle stage of development. According to our understanding, Huawei and other companies are accelerating the development of communication terminal products, and Huawei and ZTE have become the main suppliers of IPTV set-top boxes.

We expect that the next 3-5 years will be a period of rapid growth of communication terminal products, and the company is a professional service provider of communication terminal products ODM. Will significantly benefit from this rapid development period.

Benefit from the convergence of 3G and triple play: the company's ADSL products account for about 3% of Huawei's, but the company's revenue from this business of 35 million only accounts for 1.2% of Huawei's terminal company's revenue of about 3 billion. We believe that in addition to ADSL products continuing to maintain rapid growth with downstream customers, a variety of communication terminal products are expected to become the company's performance growth points in the next two years. The company's 3G routers, IPTV set-top boxes, EPON terminal products have been supplied in small batches. With the promotion of 3G triple play, the company's new product shipments may explode. Taking IPTV set-top boxes as an example, the company's IPTV set-top box shipments are about 1, units/month. We estimate that the monthly income of this business is more than 3 million yuan, and the company may speed up the supply of such new products after expansion. The main reason for the sharp increase in performance is that the relationship between the company and major customers is becoming more and more stable. The purchase volume of network communication terminal products from Huawei, ZTE and other customers has increased substantially. The semi-annual report of 21 shows that from January to June 21, the company sold 5.831 million sets of various network terminal products, up by 91.4% year-on-year, and the gross profit margin increased slightly by .15%.

The structure of consumer electronic products has changed, which shows that the increment does not increase and the gross profit margin remains stable. In the first half of the year, 1.33 million sets of consumer electronic products were shipped. It increased by 114.48% year-on-year, but the sales volume was basically the same as that of the same period in 29. We noticed that the company's overseas business declined sharply in the first half of the year. As most of these orders were speaker products, we speculated that the speaker products with higher prices had shrunk dramatically, and the rapid increase of other electronic products with lower prices from China led to the above situation. The new factory in Songgang will be put into use in August, and the new factory will be equipped with 16 SMT production lines. After putting into use, the company's production lines will increase from 15 to 31, and the production capacity will be greatly expanded.

Orders from major customers will continue to maintain a high growth rate in the next 2-3 years, and the company will have no worries about its short-term growth. In the long run, the company will focus on two major fields: network communication terminals and portable consumer electronics. Share the rapid growth of the mobile Internet era through the mode of "ODM+EMS".

We noticed that the company focused on "handheld multimedia mobile terminals" and "3C converged products" (see P1 in the semi-annual report of 21). Considering the company's design and manufacturing capabilities in network and consumer electronic equipment, We believe that the company's competitiveness will be further developed in the future.

The company's mid-term profit distribution plan for 21 is: a cash dividend of 5 yuan (including tax) will be distributed for every 1 shares, and a cash dividend of RMB 5 million will be distributed for * * *.

Comment data

The results in the first half of the year are in line with our expectations: the company's net profit attributable to the parent company in the first half of 29 was RMB 13.4 million. We estimate that the net profit in the first half of 21 is about 3 million yuan. Based on this, the company's net profit in the second quarter of this year is about 17 million yuan, up about 45% year-on-year and 34% quarter-on-quarter, and the company's performance has maintained rapid growth. As far as we know, the company's new factory is still in the renovation stage, so all its performance in the second quarter comes from the original production capacity. The company's product lines are mainly communication terminal products and consumer electronics products. As orders for consumer electronics products are generally concentrated in the second half of the year, we believe that communication terminal products are the main driving force for the high performance growth in the first half of the year.

Some new production capacity may be released one after another at the end of the third quarter: the company announced the expansion of production on April 15th, expanding the number of STM machines in the fundraising project from 4 to 16, and we expect that some equipment may enter the factory in early August. After debugging, the equipment may be released one after another at the end of the third quarter.

In the second half of the year, we mainly look at the orders of new products and consumer electronic products: some of the company's new communication terminal products have been supplied in small batches, which may be increased in the second half of the year, while the orders of consumer electronic products are mainly concentrated in the second half of the year. We expect that the gross profit margin of new communication terminal products will be higher than that of low-end products, while the gross profit margin of consumer electronic products will be as high as 25%. Therefore, we expect that the gross profit margin of the company in the second half of the year will be higher than that in the first half, and the comprehensive gross profit margin for the whole year will be around 15%. The expenses are relatively rigid, and the scale effect is increasingly prominent: the development model of the company's "core big customers" determines the relative rigidity of the expenses. With the continuous expansion of the company's scale, we expect that the company's expense ratio will drop rapidly. In the first quarter, the company's three expense rates have dropped significantly from 8.37% in the same period last year to 4.32%.

Raising the minimum wage is conducive to enhancing the company's competitiveness: since July, Shenzhen Municipality has stipulated that the minimum wage in 1 yuan and 9 yuan, both inside Shanhaiguan Pass, will be raised to 1,1 yuan, and the company's salary level is already above the minimum wage standard line in Shanhaiguan Pass, so this increase in the minimum wage has little impact on the company. This has a great impact on some OEM manufacturers of electronic products outside the customs. We think it may accelerate the reshuffle of the industry, and the advantages of efficient operation and strong financial strength after listing are more obvious.

Profit forecast and valuation: We think it is very likely that the company will obtain the qualification certification of high-tech enterprises again in 211, assuming that the income tax rate will be maintained at 15% in 21-212. It is estimated that the EPS of the company in 21-212 will be .8, respectively.