云天励飞(688343) - 云天励飞投资者关系活动记录表（2024年11月5日-7日）

Group 1: Company Overview and Strategic Moves - The company acquired Qiancheng Technology, enhancing its technical capabilities in the smart wearable device sector, which aligns with its strategic development goals [2][3] - Qiancheng Technology specializes in the development of software and hardware for smart wearable products, contributing significant R&D experience and innovation in the field [2][3] Group 2: Financial Position and Future Plans - The company currently has a strong cash flow and is considering future investments and acquisitions, focusing on market demand, product technology, transaction prices, and synergy effects [3] - The company will make cautious decisions regarding investments and mergers, adhering to relevant laws and regulations for information disclosure [3] Group 3: Profitability and Margin Improvement - The overall gross margin of the company is currently low, influenced by pricing strategies to expand business scenarios and competition [4] - The integration of Qiancheng Technology, which operates in a low-margin industry, has further impacted the company's gross margin [4] - Future improvements in gross margin are expected as the company adjusts its product matrix and scales up revenue in intelligent operations and hardware sectors [4]