MONTNETS TECHNOLOGY(SZ:002123)2022-12-04 09:40Group 1: Company Overview and Business Strategy - DreamNet Group has invested significantly in rich media messaging since 2018, focusing on 5G messaging (Rich Messaging) with substantial R&D efforts in 2018 and 2019, establishing technical capabilities and industry application solutions [3] - The company has a strong customer base with over 100,000 quality enterprise clients and is the first to achieve a full network channel for 5G messaging standards, indicating a leading position in the industry [3] - DreamNet's business volume for Rich Messaging has shown significant growth, with both month-on-month and year-on-year increases in recent months [3] Group 2: Financial Performance and Cost Management - The traditional SMS business experienced over 60% growth last year, surpassing the market average, indicating an increase in market share [4] - Despite the impact of the pandemic on sectors like finance, tourism, and transportation, the company still achieved over 20% year-on-year growth in the first quarter of this year [4] - The company plans to pass on cost pressures to clients through price negotiations, with an expectation that the gross margin for SMS will gradually improve, returning to levels seen in the previous year [4] Group 3: Future Outlook and Talent Acquisition - The development of 5G technology is expected to drive a new round of industrial upgrades, with 5G messaging becoming a key component of 5G applications [5] - The company plans to attract high-level innovative talent to enhance its capabilities in 5G messaging and expand its business in this area [5] - The introduction of new products such as Rich Messaging, enterprise service numbers, video ringtones, and DreamNet Cloud Meetings is anticipated to provide higher gross margins compared to traditional SMS, becoming new growth points for profitability [4]