Philisense(300287)2024-05-13 06:47Group 1: Financial Performance - The company has experienced continuous losses for four consecutive years, with a significant drop in stock price from 28 to over 2 [3] - Despite achieving notable breakthroughs in various business areas in 2023, the annual performance and Q1 2024 results were disappointing [3] - The company is implementing measures to improve performance, including exploring new business growth points and enhancing product quality [3] Group 2: Customer and Market Engagement - The company refrains from disclosing information about its top ten customers due to commercial confidentiality [2] - There is an emphasis on the importance of the company's culture, which should be reflected in actions rather than just words [2] - The company is actively working to strengthen interactions with the capital market to enhance its value recognition [1] Group 3: Strategic Initiatives - The company is focused on deepening its core business while exploring new business models and growth opportunities [2] - Measures include improving talent development, reducing costs, and enhancing the collection of accounts receivable [3] - The company acknowledges the cyclical nature of its industry, indicating that product and market innovations require time [3]