InHand Networks(SH:688080)2022-11-19 03:38Group 1: Sales and Market Expansion - The company has established overseas sales channels through a combination of online and offline methods, with increasing contributions to sales revenue [1] - In 2021, the intelligent distribution network monitoring system product achieved revenue of 98.72 million yuan, a year-on-year increase of 19.16% [2] - The company has set up subsidiaries in the U.S. and Europe, completing initial market layouts for major overseas clients [1] Group 2: Product Performance and Market Penetration - The main overseas products are industrial IoT communication products, including wireless routers and edge computing gateways [3] - The intelligent vending system product is experiencing normal growth, with expected revenue increases in the second half of the year due to seasonal factors [2] - The company’s industrial IoT communication products have a gross margin of 48.88%, while the intelligent distribution network monitoring system has a gross margin of 38.34% [3] Group 3: Challenges and Future Outlook - The company faces project delays due to the pandemic, impacting the rollout of intelligent vending machines [3] - Despite challenges, the overall project reserve situation is positive, with significant growth potential in the overseas market [2] - The company is actively developing new products in the digital energy sector, including real-time energy management systems and solar photovoltaic digital solutions [4]