Queclink(SZ:300590)2025-11-13 09:24Group 1: Strategic Transformation - The company is transitioning from a "terminal provider" to a "solution provider," with significant progress in digital transformation and industrial internet platform development in collaboration with FAW Jiefang [2] - Solutions have been implemented in Saudi Arabia for school bus tracking management, indicating a commitment to expanding business boundaries through innovative solutions [2] Group 2: Revenue and Market Performance - The company's two-wheeler IoT products have started shipping, aligning with the new national standards effective from September 1, 2025, with ongoing monitoring of market dynamics during the transitional period [3] - Revenue from South America, Oceania, and domestic markets has increased year-on-year, with notable growth in Brazil and Turkey, as well as new customer development in Algeria [3] Group 3: Financial Position and Future Plans - The company has a strong cash flow and is focusing on its core IoT terminal products and solutions, with no current plans for entering robotics or quantum communication sectors [3] - Future product matrix improvements will include vehicle insurance, automotive finance, intelligent theft prevention, and cold chain logistics monitoring, with timely disclosures of any new technology collaborations or capital operations [3]