SNBC(SZ:002376)2022-12-03 09:18Group 1: Business Strategy and Focus Areas - The company focuses on the financial, logistics, and new retail industries, providing intelligent products and solutions to enhance market expansion and strategic transformation [3] - In the financial sector, the company is developing new generation modules and optimizing existing functionalities, with successful applications in several banks [3] - The logistics business is expanding its market share in last-mile delivery, with stable growth in information and automation products [3] Group 2: Product Development and Market Performance - The company has developed a new generation of portable devices and is promoting automated sorting solutions in logistics [3] - In the new retail sector, the company is accelerating the development of smart micro-supermarkets and self-service cabinets, with initial sales progress [3] - The market share of logistics cabinets is estimated to be around 30% based on rough calculations [10] Group 3: Financial Performance and Governance - The company maintains stable growth in traditional business areas, with a focus on enhancing competitiveness and scale [4] - The actual controller of the company is the Weihai State-owned Assets Supervision and Administration Commission, ensuring a stable governance structure [4] Group 4: Product Pricing and Profitability - New retail products have varying prices based on combinations and functionalities, making it difficult to provide specific pricing [6] - The profitability of smart micro-supermarkets depends on the location of the outlets, with high traffic areas yielding quicker returns [7] Group 5: Production Capacity and Inventory Management - The company has increased production capacity for self-service integrated products to 250,000 units annually by the end of 2018 [13] - High inventory levels are primarily due to increased material preparation to meet sales order demands [12]