DEREN(SZ:002055)2022-12-06 11:31Group 1: Company Overview and Product Offerings - The company has a mature and complete automotive-grade product line and big data analytics platform, providing comprehensive system solutions for customers [2] - The core driving score system and accident scene restoration technology have been validated in the European market for over a decade, reducing trial and error costs [2] - The smart box can directly reduce costs for insurance companies, expand user base, and improve renewal rates, making it the most mature UBI insurance product available [2] Group 2: Business Model and Market Development - The current profit model primarily relies on hardware product sales and subsequent data services, with future exploration of more methods based on the big data platform [3] - The company is leveraging mature product technology and operational models from Meta to promote its development in the Chinese market, having established partnerships with companies like Taibao and Didi [3] - The automotive business has high barriers to entry, long cycles, and good stability, with the company achieving initial results in its layout, indicating a growing contribution to overall business [3]