KYLAND(300353)2024-12-20 08:24Group 1: Company Overview and Business Focus - The company primarily focuses on two areas: industrial network communication and industrial control technology. It has established 6 international standards and 36 national standards in these fields [2][3]. - In March 2023, the company led the establishment of the AUTBUS international standard based on IPV6, which was officially released by IEC [2][3]. Group 2: Product Development and Innovations - The company has launched the Intewell industrial operating system and a series of intelligent controllers, integrating control, computing, and cloud services [3][4]. - The Intewell operating system is the only one in China certified for safety in four areas: automotive, industrial control, medical instruments, and rail transit [3]. Group 3: Emerging Business Applications - AUTBUS technology is being steadily applied in various sectors, including factory control, petrochemicals, energy storage, and robotics, with successful implementations in over 30 companies [3]. - The company is confident in future revenue growth from emerging businesses, with significant progress in adapting its industrial operating system and tools in industries like CNC machining and power [3][5]. Group 4: Industry Policy and Market Environment - Since 2024, multiple government policies have been introduced to promote the upgrade of industrial software and equipment, with a target to complete the replacement of approximately 2 million sets of industrial software and 800,000 sets of operating systems by 2027 [3]. - The supportive policies are expected to accelerate the process of domestic substitution in the industry [3]. Group 5: Competitive Landscape - The main competitors of the Intewell operating system include VxWorks and QNX. Intewell offers advantages in functionality and performance, with a 100% self-developed core and key code, ensuring high reliability and safety [4]. Group 6: Management Adjustments - The company has enhanced cost control and efficiency by optimizing team management and restructuring unprofitable businesses, aiming to reduce costs and improve overall effectiveness [5].