SOYEA(SZ:000909)2022-12-08 05:22Group 1: Real Estate Business Strategy - The company plans to continue acquiring land in the next one to two years, maintaining a conservative approach in the real estate sector [2] - The company has collateralized its own land, minimizing risk in real estate investments [2] - There are currently limited commercial properties available in Hangzhou, indicating low risk in the real estate market [2] Group 2: Smart Security and IoT Business - The smart security business, primarily focused on intelligent access control, generates annual sales of approximately 70 to 80 million [2] - The gross margin for the smart security service is around 6.26%, with expectations for improvement as project sizes increase [2] - The company is exploring opportunities in the IoT sector, which is still in its early stages and presents potential for growth [3] Group 3: Strategic Investments and Corporate Structure - The company is in a transitional phase, having divested from television manufacturing and is currently cleaning up existing business operations [3] - There are plans to introduce strategic investors, although this process is influenced by various factors beyond the company's control [3] - The company holds a 7.02% stake in Sanwan Dongjie, indicating a strategic relationship [3]