Xingmin ITS(SZ:002355)2022-12-04 10:32Group 1: Data Monetization Applications - Current major applications of big data monetization include UBI insurance, vehicle operation analysis projects, industry trend analysis reports, operational management for car-sharing companies, and data support for vehicle manufacturers' suppliers [2] Group 2: INTEST Gross Margin Fluctuations - INTEST's gross margin fluctuations in the first half of the year were primarily influenced by product structure adjustments and price reductions in T-BOX products [2] - The company has shifted its product structure from focusing on mid-to-high-end T-BOX to covering high, mid, and low-end markets [2] - Financial data from the third quarter indicates that gross margins have stabilized [2] Group 3: T-BOX Compatibility and Barriers - INTEST's T-BOX can connect to third-party platforms under the OTA protocol, while other suppliers' T-BOX can connect to INTEST's data platform if they meet standard OTA protocols [3] - The main barriers for T-BOX manufacturers include high business thresholds and technical barriers requiring deep understanding of vehicles and communication bus technology [3] Group 4: T-BOX vs. OBD BOX - T-BOX is an OEM product installed by manufacturers before delivery, capable of accessing comprehensive vehicle data and participating in internal vehicle control [3] - OBD BOX is an aftermarket product that retrieves limited data through diagnostic interfaces and cannot participate in internal vehicle control [3] Group 5: INTEST T-BOX Pricing and Value - INTEST provides high, mid, and low-end products, with T-BOX offering additional value such as data accumulation for internal applications, fault diagnosis, safety warnings, and marketing data support [4] - INTEST is the only domestic company capable of providing a complete solution for remote batch upgrades of new energy vehicles [4] Group 6: inCOM Platform and Government Platform Charges - inCOM charges vary based on customer needs, including system construction, expansion, and maintenance fees [4] - Government platform charges include construction and maintenance fees, with the potential for data to enter the market after desensitization and compliance with legal requirements [4] Group 7: Domestic vs. Foreign T-BOX Suppliers - Domestic T-BOX suppliers have advantages such as familiarity with national regulations, shorter localization cycles, and the ability to quickly adapt to vehicle communication and control strategies [5]