OIMT(SZ:002175)2022-12-07 08:44Group 1: Company Overview and Strategic Direction - The company, formerly known as Guilin Guanglu Digital Measurement Control Co., Ltd., was listed on the SME board in October 2007 and is a leader in the digital measuring instrument industry in China [3]. - In January 2014, the company applied for a major asset restructuring, acquiring related businesses in cable digital television, marking the beginning of a dual-driven operation model combining machinery tools and cultural media [3]. - The company rebranded to "Oriental Times Network Media Co., Ltd." in July 2015, reflecting its strategic shift towards media and entertainment [3]. Group 2: Recent Acquisitions and Investments - In June 2015, the company acquired a 66.67% stake in Shanghai Waterwood Animation, entering the animation content production and theme park industry [3]. - The company invested in a Thai cultural media group in August 2015 to establish a television station broadcasting to Thailand and Southeast Asia, expanding its digital television market [4]. - In September 2015, the company submitted an application for a non-public offering of approximately 5.935 million shares to raise funds for new media operations, including content procurement and investment [4]. Group 3: Business Model and Market Strategy - The company aims to create a competitive ecosystem based on "channel victory, content supremacy, platform support, and user-centricity" [9]. - The strategic focus includes leveraging operator channels for distribution, enhancing content production in film, animation, and gaming, and expanding into virtual reality [5][9]. - The company plans to enhance its core competitiveness by integrating content, platform, and user experiences across various media formats [5]. Group 4: Market Potential and User Engagement - The domestic box office is projected to reach approximately 600 billion CNY in the coming year, with a significant portion of revenue expected from new media models [16]. - The company has already covered 5 million paying users, with a distribution ratio of 30% for mobile, 40% for internet TV, and 30% for cable [16]. - The company emphasizes the importance of high-quality entertainment experiences, aiming to meet the evolving demands of consumers for diverse and personalized content [9]. Group 5: Future Outlook and Goals - The company is committed to expanding its cultural industry footprint, aiming to create a comprehensive entertainment ecosystem that includes various forms of media and user engagement [12]. - The strategic vision includes promoting Chinese culture globally and enhancing the company's market presence through innovative content and distribution strategies [12]. - The company plans to continue its growth trajectory by integrating resources and pursuing mergers and acquisitions to strengthen its market position [12].