创维数字(000810) - 2020年2月20日投资者关系活动记录表

Group 1: Company Overview and Business Segments - The company focuses on four major business segments: smart home terminals, broadband access products, ultra-high-definition displays, and operations and services [4] - In 2019, the company achieved significant growth in net profit from its main business, maintaining a normal overall gross margin [4] - The company holds a leading market share in the broadcasting industry and ranks among the top in the three major telecom operators' markets [4] Group 2: Product Development and Market Position - The company has established itself as a global strategic partner for Google and Netflix, with a strong presence in overseas markets [5] - The company is continuously updating technology and product iterations, with a focus on high-end products like 5G+8K boxes and WiFi6 routers [5] - The company has maintained a 12-year market share leadership in the smart box sector within the broadcasting market [13] Group 3: Supply Chain and Cost Management - The company has strong bargaining power with upstream suppliers due to its large-scale procurement and close relationships with chip manufacturers [8] - The company has implemented strategies to manage raw material costs effectively, including bulk purchasing during price increases [8] - The company benefits from a long-standing presence in the industry, which enhances its research and development capabilities [8] Group 4: Impact of COVID-19 - The overall impact of the pandemic on the company was minimal, with emergency response measures established as early as January 26, 2020 [9] - The company had over two weeks of raw material inventory, allowing for continued production during the pandemic [9] Group 5: Future Outlook and Strategic Initiatives - The company aims to strengthen its second pillar by expanding its broadband access equipment and enhancing its capabilities in VR and smart home products [7] - The company is positioned to benefit from the increasing demand for 5G and ultra-high-definition applications in the market [7] - The company plans to leverage its strong relationships with telecom operators to drive growth in the VR market [19]