Beijing Shiji Information Technology (002153)2023-05-23 15:54Company Overview - The company held an investor relations event on May 19, 2023, with 59 participants [2] - Key executives present included Chairman and CEO Li Zhongchu, COO Kevin Patrick King, and Vice Chairman Li Diankun [2] Product Development - The company started internationalization in 2015 with cloud-based restaurant management systems [2] - Core cloud PMS product development took 5 years [2] - The first benchmark customer selected the company's cloud product after evaluating dozens of alternatives [3] - Infrasys and Shiji Enterprise Platform are expected to achieve mass deployment in 2023 [3] International Strategy - Regional leadership changes in Europe and US aim to shift focus from branding to contract execution [3] - 10% of overseas employees are professional managers, establishing a global management system [4] - The company uses Infrasys Cloud as a vanguard product to demonstrate capabilities to international clients [4] Financial and Risk Management - The company has conducted goodwill impairment tests on overseas assets due to pandemic impacts [4] - Professional auditors' opinions are followed for impairment decisions [4] Technology and Innovation - The company is exploring AI applications in hotel information systems [3] - Testing is underway with overseas ChatGPT and domestic Alibaba's Tongyi [3] Market Expansion - The company plans to deploy flagship clients globally, including Peninsula and Langham hotels [4] - Mass deployment in China is also planned to strengthen global presence [4]