Wasu Media(SZ:000156)2023-02-16 17:16Group 1: Company Overview - The main business areas of Huashu Media include cable television networks, broadband services, smart city projects, and new media operations, which are categorized into three segments: "Smart Home," "Technology," and "New Media" [1] - The company expects to achieve an operating income of 9.293 billion yuan and a net profit of 800 million yuan for the year 2022, representing a year-on-year revenue growth of 9.54% [1] Group 2: Smart City Business Development - The smart city business generated approximately 3 billion yuan in revenue in 2022, with a year-on-year growth of 14% [2] - The company won 515 projects worth over 1 million yuan each, totaling 2.666 billion yuan, which is a 42% increase compared to the previous year [2] Group 3: Future Directions and Growth Points - The company plans to continue focusing on the growth of its cable television and broadband services while expanding its smart city and new media business [2] - There will be an emphasis on increasing research and development investments to support business growth and optimize the business structure [2] Group 4: 5G Business Development - The company is developing its 5G business in Zhejiang under the guidance of China Broadcasting and aims to integrate this with its digital television, broadband, and new media services [2]