CIWEN(SZ:002343)2022-12-03 09:48Group 1: Company Overview and Strategy - The company has been preparing international projects for 3-5 years, with significant progress expected by October 2023 for the project "Shanghai 1920" [7] - The strategic positioning is summarized as "three arrows": S-level major dramas, 2C paid services, and internationalization [7] - The company aims to continue producing S-level IP and top dramas while developing paid web series similar to American dramas [7] Group 2: Revenue and Market Trends - Major video platforms report membership levels reaching 50-60 million, indicating a favorable environment for paid content [7] - The company anticipates revenue from online films to reach 70 million next year, with potential for over 100 million in the future [8] - The shift towards 2C internet services is seen as a significant opportunity for revenue growth [8] Group 3: Project Development and Future Outlook - Several projects are in development for the summer release, including "Cool Life" and "Speeding Youth," which are expected to be major hits [8] - The company maintains its performance expectations for 2018, with no changes despite project delays [8] - The international and 2C paid services are projected to become increasingly significant in future revenue streams [9] Group 4: Industry Context and Regulatory Environment - Recent news is expected to have a positive long-term impact on the industry, promoting healthy competition and development [8] - The company emphasizes compliance with tax regulations, ensuring that gross margins are not adversely affected by tax payments [9]