HMJT(SZ:002356)2022-12-06 09:56Group 1: Company Overview and Strategic Direction - Shenzhen Hemei Group Co., Ltd. has transformed its business model from solely manufacturing smart meters to entering the large consumer market, including diamonds, gold, and jewelry [2] - The company aims to leverage its partnership with Bluebell Group and Oin Investment to expand into the domestic brand market and enhance its large consumer industry [3] - Hemei Group plans to invest in 100 ecological tourism towns over the next three years, capitalizing on the government's initiative to build 1,000特色小镇 by 2020 [2] Group 2: Financial Performance and Investment Strategy - The company reported negative cash flow due to inventory issues in its wholly-owned subsidiary, Meikela, but plans to adjust its inventory strategy [4] - Jewelry sales have become the largest source of revenue for Hemei Group, indicating a shift in focus towards high-quality consumer products [4] - The company is not currently facing a funding shortage but seeks higher quality consumer products and partnerships [4] Group 3: Market Trends and Consumer Behavior - The company recognizes a shift in consumer behavior among the 80s and 90s generations towards high-quality consumption, driven by increased pressure in the real estate market [2] - The rise of e-commerce has led to a decline in product quality, prompting Hemei Group to focus on high-quality consumer offerings [2] Group 4: Collaboration and Future Outlook - Hemei Group's collaboration with Stanford University on new energy projects, including supercapacitors and aluminum batteries, reflects its commitment to innovation [2] - The company aims to integrate its manufacturing sector with smart IoT products, such as smart meters and water meters, to enhance operational efficiency [5] - Future business operations will focus on creating a synergistic effect among its various sectors, including finance, manufacturing, tourism, and commerce [5]