3onedata(SH:688618)2023-11-03 10:24Group 1: Financial Performance - The company's gross profit margin in Q3 2023 increased by 1.64 percentage points year-on-year and 10.59 percentage points quarter-on-quarter, reaching a three-year high [2] - The improvement in gross profit margin is attributed to the strategic decision to abandon low-margin orders and focus resources on more valuable product categories [2] Group 2: Product Advantages and Industry Barriers - The company’s industrial switch products possess strong industry barriers in terms of technology level, certifications, brand reputation, and customer resources [2] - The industrial internet sector demands high technical performance, safety, and reliability, necessitating companies to master core technologies and maintain substantial technical reserves [2] Group 3: HaaS Platform Development - The HaaS platform aims to unify digital interconnection needs across various industries and scenarios, creating a standardized industrial interconnection platform [3] - The platform addresses high customization costs and facilitates efficient, low-cost interconnectivity, enhancing customer acceptance and implementation efficiency [3] Group 4: Future Development Strategy - The company remains committed to the product-oriented development path in the industrial internet market, focusing on continuous investment in technology R&D and product upgrades [3] - The high R&D expense ratio is driven by rapid information technology advancements and the need to keep pace with market demands for new technologies and products [3]