Group 1: Investor Relations Activity Overview - The investor relations activity was conducted on July 2, 2024, at the company meeting room [2] - Attendees included representatives from various securities firms and asset management companies [2] - Company representatives included the Chairman and General Manager, Mr. Zhao Guomin, and the Board Secretary, Ms. Wang Huan [2] Group 2: Key Business Insights - The company is focusing on high-speed rail information technology, including 5G upgrades and trunk optical cable business, which are expected to grow due to recent government initiatives [3] - The trunk optical cable business currently has a low market share but is anticipated to grow significantly due to national strategies and policy support [3] Group 3: Financial Performance Analysis - The company's gross profit margin has been declining from 2021 to 2023, primarily due to the cessation of new marketing for telecom operator SIM cards, which previously contributed to high margins [4] - Excluding the impact of the digital content service business, other business segments showed an increase in gross profit margin in 2023 [4] Group 4: Competitive Advantages and Future Plans - The high-speed rail industry has significant entry and technical barriers, which the company has navigated since 2015, establishing a competitive edge [5][6] - The company plans to expand its capabilities in high-speed rail public network coverage and related services [6] - The company has successfully entered the computing power integration service sector with a project for Hangzhou West Lake University, indicating a strategic expansion in this area [7] Group 5: Integration of AI Technology - The company is incorporating AI technology into its ICT industry applications and smart terminal products, enhancing service intelligence and convenience [8]
广脉科技(838924) - 投资者关系活动记录表