SKYWORTHDT(SZ:000810)2022-12-03 10:58Market Coverage - Skyworth Digital has been operating in overseas markets for over 12 years, with significant coverage in Southeast Asia, South Asia (India), Africa, Europe, and South America [1] - The largest markets include Africa, Southeast Asian countries along the "Belt and Road" initiative, India, and South America [1] Market Share - In Southeast Asia, Skyworth Digital holds a market share of 30% [2] - In India, the market share reaches 40% [2] - In Africa, the market share exceeds 40% [2] Strategic Importance of Emerging Markets - Emerging markets along the "Belt and Road" initiative are crucial for the company's growth, providing opportunities for expansion and increased market presence [2] - The company emphasizes the necessity of expanding globally to achieve industry leadership and face global market challenges [3] Role of Private Enterprises - In 2018, private enterprises in Shenzhen accounted for 67.8% of the city's exports to "Belt and Road" countries, driven by their inherent vitality and continuous improvement [3] - The expansion into overseas markets aligns with national initiatives, presenting significant opportunities for private enterprises [3] Overseas R&D Centers - Overseas R&D centers focus on software, optical access, decoding, and display technologies, enhancing the company's ability to meet local market demands [3] - Locations include London, the Netherlands, Germany, India, and Seoul, contributing to the overall market strategy [3] Government Support - The development of foreign trade is closely linked to national policies and support, including financial, tax, and export insurance assistance [4] - The enhancement of China's national brand and product image has positively impacted the company's overseas performance [4] Future Strategies - To further penetrate "Belt and Road" markets, the company aims to deepen its understanding of overseas markets and adapt to technological and market changes [4] - Improving the brand image and quality of Chinese products is essential for becoming a preferred choice in high-end markets [4]