DAS(SZ:002421)2022-11-21 15:36Group 1: Company Overview and Market Position - Das Smart is a leading provider of smart IoT products and solutions in China, with a competitive landscape shifting towards larger companies as smaller firms are gradually eliminated [2][3] - The company has established a unique three-tier innovation system focusing on technological, product, and solution innovation, serving over 3,000 projects across more than 200 cities in over 30 provincial-level regions [3][4] Group 2: Financial Performance - In the first three quarters of 2021, the company reported a revenue of CNY 2.35 billion, representing a year-on-year growth of 12.58%, while net profit reached CNY 247 million, up by 17.03% compared to the previous year [6] Group 3: Customer Base and Revenue Concentration - The customer base includes a significant proportion of public hospitals and government institutions, with the top five customers accounting for 13.48% of total revenue in the first nine months of 2021 [3][5] Group 4: Research and Development - The company maintains a strategic focus on R&D, with a three-tier pyramid structure for innovation, including a post-doctoral research station for forward-looking research and a joint training center for product development [4][5] Group 5: Strategic Investments and Future Plans - The company is open to introducing strategic investors and actively seeks collaborations to create value for shareholders [4][5] - Plans are underway to replicate the success of the Hefei Das Industrial Park, aiming to create a "near-zero energy" smart industrial park [5][6]