HAOHAN DATA(SH:688292)2023-11-03 00:10Group 1: Financial Performance - The company's revenue for the first three quarters of 2023 significantly increased compared to the same period last year, primarily due to the iterative upgrades of existing products and expansion into new business areas [2][3] - The cash flow from operating activities for January to September improved by CNY 190 million compared to the previous year, attributed to enhanced operational efficiency and increased contract liabilities exceeding CNY 50 million [7] Group 2: Business Development and Strategy - The company is focusing on network security and has developed various solutions for security and compliance issues related to operator network traffic and access resources [3][4] - Future business strategies include expanding into the data element market, emphasizing data security governance, and building operational platforms and infrastructure [5][6] Group 3: Technological Advancements - The company is recognized as a leader in internet traffic and data intelligence, with a strong customer base in the operator market and a wide coverage of its DPI systems [4][6] - Ongoing developments in AI and big data technologies are aimed at enhancing data processing platforms and user experience, with a focus on low-code platforms to streamline application development [8][9] Group 4: Market Expansion - The company is actively expanding its market presence beyond China Mobile, with recent successes in securing contracts with China Unicom and China Broadcasting Network, including a project worth approximately CNY 77.25 million [10] - The company is also exploring innovative business models in collaboration with operators to enhance service offerings in vertical industries [7][8]