Eastcompeace(SZ:002017)2024-09-13 13:34Group 1: Company Overview - Dongxin Peace's main business focuses on smart cards and digital identity security, covering various sectors including financial services, mobile communications, and industrial IoT [1] - The company has established 5 overseas subsidiaries, aligning with the national "Belt and Road" strategy, and provides products and services to multiple operators, banks, and government agencies globally [2] Group 2: Market Performance - Despite a general decline in the industry, Dongxin Peace maintained growth by seizing opportunities in artificial intelligence and the digital economy, enhancing its market competitiveness in digital identity products [2] - The decrease in overseas revenue is attributed to intensified competition leading to price reductions, but the company plans to optimize its overseas product structure and expand its global business footprint [2] Group 3: Product Development - The company sources various types of chips from well-known domestic and international suppliers based on product needs [2] - The eSIM product line is experiencing stable growth in consumer electronics, with significant applications in automotive and industrial IoT sectors [2]