Core Viewpoint - The company, Shiji Information, has been focusing on global expansion and cloud-based hotel information systems since late 2015, with significant investment in research and development [2] Group 1: Company Strategy - The company initiated its global journey in late 2015, aligning with the trend of cloud transformation in information systems [2] - It has invested approximately 1 million USD annually in research and development over the past five years [2] - The company currently operates around 40 overseas subsidiaries and has a team of over 1,000 employees abroad [2] Group 2: Product Development - Shiji Information has developed a new generation of cloud hotel information systems through independent innovation [2] - The core hotel cloud product has received recognition from several well-known international hotel groups and has been launched globally in large volumes [2] Group 3: Financial Position - The company's cash reserves are primarily allocated for global product research and business expansion [2]