ZKTECO CO.(SZ:301330)2025-08-27 10:10Group 1: Market Performance and Strategy - The domestic market is experiencing a decline due to a lack of competitive products and low profit margins, prompting the company to focus on sustainable development and strategic planning for future growth [2] - The company is implementing strict management to ensure stable accounts receivable, reasonable inventory turnover, and maintaining profit margins within a reasonable range [2] Group 2: Profitability Factors - The overall high gross margin is attributed to increasing overseas sales, which have a higher gross margin compared to domestic sales [2] - Key drivers of high overseas gross margins include: - Customized product demands that enhance pricing power [2] - Localization strategies that cater to specific regional needs, providing high-value personalized services [2] - High pricing autonomy in developed markets like North America and Europe, where consumers are willing to pay more for quality [2] - A significant portion of revenue from high-margin software and service fees in exports [2] Group 3: Project Updates and Collaborations - The acquisition of the Longzhiyuan project is still in progress, with updates to be provided through official announcements [3] - The company is exploring collaborations with Lingzu Technology, focusing on the integration of brain-computer interface (BCI) technology with robotics across various sectors [3] - The brain-machine interface products showcased at a recent exhibition in Thailand received positive attention, aligning with global smart health market trends [3]