Group 1: SaaS Business Model - The SaaS business charges subscription fees based on monthly usage and the number of hotel rooms [2] - Pricing varies according to the type of hotel service, with different rates for Full Service and Limited Service hotels [2] Group 2: R&D Investment - The company has signed important contracts with hotel groups, necessitating further development of product features [2] - Continuous R&D investment is planned to integrate more hotel information systems into the DAYLIGHT PMS [2] Group 3: International Market Opportunities - The company sees faster adoption of cloud products in the Asia-Pacific region compared to Europe and the U.S. [3] - The U.S. market remains a focus due to the presence of international hotel group headquarters, with successful implementations in luxury hotels [3] Group 4: Integration with Major Clients - Integration of DAYLIGHT PMS with Marriott's new central reservation system (ACRS) is prioritized, followed by other system integrations [4] Group 5: AI Technology Development - AI is being utilized in two main areas: marketing tools that generate revenue and predictive analytics in PMS and POS products [5] - The company is leveraging AI for product development, using AI code generation tools to enhance development efficiency while ensuring code safety [5]

Core Viewpoint - The company is expanding its cloud products in international markets, with a focus on the Asia-Pacific region, followed by Europe and the United States, while not abandoning the U.S. market due to the presence of major hotel groups headquartered there [1]. Group 1 - The company has noted that familiarity with its products varies by region, leading to faster adoption of cloud products in the Asia-Pacific area compared to Europe and the U.S. [1] - The company has already surpassed the number of overseas client stores for its cloud POS products compared to domestic ones, including in the U.S. market [1]. - The cloud PMS products have been successfully launched in the U.S. at landmark luxury hotels, including Peninsula and Langham, and have signed contracts with major clients such as Marriott and InterContinental [1]. Group 2 - The company plans to leverage the demonstration effect of its benchmark clients to gradually penetrate overseas markets, including the U.S. [1].