广电运通：MSO牌照盈利模式明确，具备长期成长潜力

Core Viewpoint - The core revenue of the MSO license business for the company comes from "exchange rate differences + service fees," indicating a dual revenue stream from cross-border payment service fees and foreign exchange position adjustments [1] Group 1: Business Development - The company is currently in the cultivation phase of its MSO license business, with expectations for continued growth as customer accumulation and scenario expansion occur [1] - Guangdong, as China's largest foreign trade province, is projected to have a total import and export volume exceeding 9 trillion yuan in 2024, providing a broad space for business development [1]