Hikvision announces its financial report for the first quarter of 2018 and continues to maintain rapid growth

On April 20, the global security industry leader, China Hikvision released the first quarterly report of 2018. The report shows that in the first quarter of 2018, Hikvision's operating income was 9.365 billion yuan (about 1.486 billion US dollars), an increase of 32.95%; net profit attributable to shareholders of listed companies was 1.816 billion yuan (about 288 million yuan). USD), an increase of 22.64% over the same period of last year.
This is an amazing response. Compared to the RMB 7.044 billion in operating income in the first quarter of last year, Hikvision broke through the RMB 9 billion mark in the first quarter of 2018. While publishing the financial report for the first quarter of 2018, Hikvision also released the 2017 annual report. In the annual report, in addition to the annual operating revenue of RMB 41.905 billion (approximately US$ 6.65 billion), the net profit attributable to shareholders of the listed company was 9.411 billion yuan (approximately US$ 1.49 billion), and other basic data points of concern to us. There are a few different points. For example, after five years of development, its civil security business achieved revenue of more than RMB 1 billion in 2017 and achieved profitability in the year.

With the advent of the era of intelligentization in the security industry, Hikvision continues to focus on innovation and R&D in the layout of artificial intelligence technology. Looking back at Hikvision’s activities in the past three months, we can see that apart from closely following the market development trend, Hikvision’s prominent quarterly newspapers in the first quarter are still inseparable from their pursuit of new careers. The exploration of unknown things, through intelligent products and technologies, highlights the true nature of its security giant.

AI platform will officially open to the outside world

At the 2018 AI Cloud Ecological International Summit in Hangzhou on March 30th, its president Hu Yangzhong stated that in order to allow more partners to participate in the co-building and sharing of the AI Cloud ecosystem, Hikvision will be fully open, including openness. AI Cloud's software platform, providing open training systems and AI service capabilities, data annotation and data sharing.
It is reported that at the China CPSE Announcement in October 2017, the Hai Kang AI Cloud architecture based on the cloud center, edge domain, and edge nodes was first proposed, introducing AI technology from products to solutions. Up till now, the application of Hikvision's AI Cloud+ industry solutions has gradually landed in more than 30 provincial administrative regions in China, providing AI solution services for emergency command, livelihood services, and urban operations, leading the industry in a new direction. 

China's top 5 Best NVR(Network Video Recorder) Manufacturers 2018 Ranking

China security market rapidly change every year, some companies grow fast, but some companies will stop the growth or been closed, so the top manufacturer's name list is not same. NVR(network video recorder) is a core device of IP surveillance system, the development is very difficult, there are only a few security companies can develop and provide stable NVR products, maybe you can easily find a lot of IP camera manufacturers, but it is not easy to find really good NVR manufacturer. There is top 5 best NVR manufacturer in China 2018. 

No.1: Hikvision: 
Yes, everybody in security industry talks Hikvision, Hikvision is No.1 on global security companies, the biggest shareholder of Hikvision is China government. It is a Chinese state-owned holding company, the Headquarter is in Hangzhou city, Zhejiang province, China. Hikvision's products profit is very high, the average profit is up to 50%! In addition, ever many Hikvision's distributors have to find new products supplier or don't want to continue to promote Hikvision because now Hikvision brand is very famous, the end user or resellers directly move to Hikvision, and Hikvision's price is public, so these distributors don't want to sell Hikvision.

No.2: Dahua: 
Dahua is also one famous China’s security products developer and manufacturer, the company scale only has a half of Hikvision, also in the Shenzhen Stock Exchange listed company. Their products are same as Hikvision. Dahua take competitive strategy is low price, products and technologies follow closely Hikvision, but technical ability is less than Hikvision much. The Headquarter is in Hangzhou city, Zhejiang province, China.


No.3: Kedacom: 
Kedacom mainly provides network video recorders and video surveillance management software, which offers before this company video conferencing systems, video conferencing systems and later applied to a network video recorder technology development, The main business is for the Chinese government and other departments to provide high-end system solutions. The Headquarter is in Suzhou city, Jiangsu province, China. Kedacom only use their brand, don't provide OEM/ODM service, and their price is very high. The own a Singapore company as agent for the international business.

No.4: Sysvideo: 
Sysvideo was founded in 2012, is a relatively new brand,  but their development team is from other well-known developers of network video surveillance and information device products, such as Huawei, Hikvision, Dahua, and most of the technical staff have more than 10 years of network video surveillance software and hardware development experience. They can provide NVR OEM, ODM service, and they are a leader in industrial environment IoT network video recorder, The Headquarter is in Shenzhen city, Guangdong province, China.

No. 5: Hangbang
Hangbang is very old China DVR/NVR manufacturer, it ever is strong same as Hikvision and Dahua, it ever owns very big DVR market share, but its lost the chance for the fast growth. Now their products line are small.

Hikvsion Surveillance Device Been Found High-risk Vulnerabilitie

Feb 27th, 2015, Public Security Bureau of Jiangshu province in China released a urgent notice, it said Hikvision'monitoring equipment have a serious security risk, some of the equipment has been controlled by IP address from other country , it requires a comprehensive inventory of the country immediately, and conduct safety reinforcement, eliminating security vulnerabilities. In this regard, Hikvision relevant personnel said that this is due to the customer's initial password is not changed due to security vulnerabilities.

This event caused Hikvision' stock plunged 7.51% in one day!

In addition, the test report from China's the most famous security software provider 360 company said,  Hikvision's device has a high-risk vulnerabilities and has been controlled worms, just change the password can not completely solve the fundamental problem, Hikvision need to update the firmware.

The above news been translated from the Chinese Internet and related Chinese media, for more information, you can search Hikvision in China's the most polular search engine Baidu: www.baidu.com

China's top 10 IP Surveillance Products (IP camera & NVR) Developer and manufacturers (companies) Ranking

1.Hikvision: Hikvision is China's largest manufacturer of security products and solutions provider, is one of the world's best-known security companies, but also companies listed on stock exchanges in Shenzhen, China. This company can provide from DVR, network video recorders, network cameras so the full range of products and solutions currently developing very rapidly, very well-known brand, the price is disclosed. The Headquarter is in Hangzhou city, Zhejiang province, China.
2.Dahua: Dahua is also famous China’s security products developer and manufacturer, the company scale is only have a half of Hikvision, also in the Shenzhen Stock Exchange listed company. Their products are same as Hikvision. Dahua take competitive strategy is low price , products and technologies follow closely Hikvision, but technology ability is less than Hikvision much. The Headquarter is in Hangzhou city, Zhejiang province, China.
3.Uniview: Uniview is from Huawei and 3Com joint venture company H3C, this company was mainly to develop video surveillance system management software, and in recent years began to develop NVR, network cameras, providing high-end IP video surveillance products and solutions to government department. Like with Hikvision and Dahua, also in Hangzhou, Zhejiang Province of China. The Headquarter is in Hangzhou city, Zhejiang province, China.
4.Kedacom: Kedacom mainly provides network video recorders and video surveillance management software, which offers before this company video conferencing systems, video conferencing systems and later applied to a network video recorder technology development, and the first in the country to develop a network camera, but later extended to network cameras. The main business is for the Chinese government and other departments to provide high-end system solutions. The Headquarter is in Suzhou city, Jiangsu province, China.
5.Histream: Histeam is one of China's earliest developer of network video surveillance products companies, another company is Launch Digtial, Histram & Launch are two of the best-known IP cameras development company in Shenzhen, many analog camera manufacturers and trading companies buy from them. Histeam has very strong technical capabilities, but because of shareholder disputes and senior management problems, started to decline since 2013 and recently its looks like will be closed. The Headquarter is in Shenzhen city, Guangdong province, China.
6.Launch Digital: Launch Digital is another one the most famous network video encoder  & decoder, IP cameras developer in Shenzhen.However, due to the security market is very competitive, the company has begun to make a transition intelligent management system development of the power industry, no longer invest in the development of network video surveillance products. The Headquarter is in Shenzhen city, Guangdong province, China.
7.Sysvideo: Sysvideo was founded in 2012, is a relatively new brand, you could not heard this name, but its technical team are  from other well-known IP surveillance companies, such as Dahua, Histream, and most of the technical staff have more than 5 years of network video surveillance product development experience. The company's main products are high-definition IP network cameras and HD network video recorder, positioning the company is to provide professional OEM products and service to security customers. The company is currently developing rapidly. It has provided OEM services for many large security companies of Russia, Brazil, the United States and other countries. The Headquarter is in Shenzhen city, Guangdong province, China.
8.Xiongmai: The team is from Dahua, this company focus on providing low-end IP camera, DVR, NVR main board, their price is very cheap, but their service is not flexible, if you have enough technical ability, you can buy parts from them and then assemble it. There are many analog camera manufacturer buy IP camera board from Xiongmai. The Headquarter is in Hangzhou city, Zhejiang province, China.
9.Jovision: it is similar with Xiongmai, providing IP surveillance products parts, it is the main competitor or Xiongmai. The Headquarter is in Jinan city, Shandong province, China.
10.Sunell: Sunell is a old security company, it was founded 10 years ago, they developed high quality analog camera before, but they start to develop IP cameras in recently, and released some HD IP cameas. The Headquarter is in Shenzhen city, Guangdong province, China.