AsiaNet 90288

BEIJING, June 25, 2021 /Xinhua=KYODO JBN/--

On June 16, 2021, China Cybersecurity Industry Alliance (CCIA) released "2021

China Cyber Security Market Competitiveness Report", and announced "2021

China's Top 50 Competitive Enterprises in Cyber Security Industry" (CCIA Top

50), "2021 China's Rising Stars in Cyber Security Industry" (CCIA Rising

Stars), and "2021 China's Most Promising Stars in Cyber Security Industry".

QI-ANXIN ranks first on the list of CCIA Top 50, and well-known enterprises

such as Sangfor, Venustech, Huawei and Tencent are also on the list.

CCIA releases key data of cyber security industry in 2020

In March, 2021, CCIA launched a public survey for domestic enterprises with

sales revenue of cyber security products, services and solutions, and collected

valid data from nearly 200 companies, which basically covered major domestic

cyber security enterprises. According to the survey report, the scale of

China's cyber security market was about RMB 53.2 billion in 2020, with a

year-on-year growth rate of 11.3%, showing slower growth due to the Covid-19

pandemic.

In 2021, with the promulgation and implementation of laws and regulations such

as Data Security Law of the People's Republic of China, Personal Information

Protection Law and Regulations on Security Protection of Critical Information

Infrastructure, the importance of cyber security has become increasingly

prominent and the market scale will continue to expand. In the first half of

2021 alone, a total of 4,751 companies were engaging in cyber security business

in China, an increase of 23.1% compared with the same period of last year.

It is worth noting that "CCIA Top 50", the most important part of the report,

was released, the purpose of which is to provide the competent authorities,

investment institutions, users, enterprises and practitioners in the cyber

security industry with a global overview of the development status and

industrial structure of the Top 50 competitive network security enterprises,

and offer multi-dimensional information with strong reference value for

relevant policy making, investment decision-making, project procurement,

strategic planning, and understanding of the industry and market.

QI-ANXIN ranks first on the list of CCIA Top 50

With its leading technology and outstanding market performance, QI-ANXIN stands

at the first place in "CCIA Top 50" and is highly recognized in the cyber

security industry. The 2021 CCIA Top 50 companies are selected mainly by

measuring the comprehensive ability of enterprises from two dimensions:

"resource strength" and "competitiveness". The indicators of "resource

strength" are: whether a company is publically listed, the company's total

operating income, appraised market value, HR scale and quality. The indicators

of "competitiveness" are: brand influence, security business revenue and gross

profit, security business growth rate, net profit rate, revenue composition,

staff composition, the quantity and level of service-related qualifications,

the quantity and level of product-related qualifications, R&D investment and

its proportion in total business revenue, etc.

According to the market share of major enterprises in China's cyber security

industry in 2020, QI-ANXIN ranks first in the industry with security business

revenue of RMB 4.16 billion. Adhering to its "Strong R&D" strategy, QI-ANXIN

has built a strong product matrix, eight cyber security R&D platforms, and

developed into a new-generation cyber security leader.

Source: China Cybersecurity Industry Alliance (CCIA)

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