Hangzhou EZVIZ Network (SH:688475)2023-10-31 08:18Business Strategy and Development - The company has established a dual-core business model focusing on "smart home + IoT cloud platform" since its inception [4] - The company aims to enhance its competitiveness in the AIoT industry by continuously upgrading its PaaS services and leveraging its expertise in visual technology [3][4] - Future plans include expanding cloud services, developing new value-added services, and collaborating with independent software developers to reduce development costs [4] Cloud Platform and Services - The company provides a full-stack open cloud platform service, offering APIs, SDKs, SaaS components, and intelligent algorithms to assist device manufacturers and software developers [3][4] - Cloud services are expected to grow in contribution and share over the next three years, complementing the current hardware-dominated revenue structure [4] - The company plans to enrich industry components and improve efficiency tools to cover more fragmented scenarios and support complex solutions [4] Product Innovation and Technology - In October 2023, the company launched two new cleaning robots: the AI-powered home cleaning robot RS20 Pro and the commercial cleaning robot BS1 [4] - The RS20 Pro targets pet-owning households, featuring AI obstacle avoidance, automatic water changing, and innovative brush technology [4] - The BS1 is designed for commercial use, utilizing a multi-camera visual computing system (ezMultiVCS++) for navigation in complex environments, making it suitable for office buildings, hotels, and other commercial spaces [4] - Both products incorporate multiple patented technologies and AI visual capabilities, marking a significant step in intelligent cleaning solutions [4] Investor Relations and Market Engagement - The company held investor relations activities from October 1 to October 31, 2023, involving remote video, phone, and on-site meetings with representatives from various securities firms and investment institutions [2][3] - Key participants included analysts and fund managers from institutions such as CICC, CITIC Securities, and Guotai Junan Securities [2][3]