Focus Tech.(SZ:002315)2022-12-06 23:46Group 1: Investor Relations Activities - The investor relations activity was held on June 28, 2016, from 14:00 to 15:30 in the company meeting room [1] - Participants included representatives from CITIC Securities International and Honglanmu Investment [1] - The meeting was hosted by the company's board secretary and financial director, Gu Jun, along with securities affairs representative, Chi Mengjie [1] Group 2: Payment License Inquiry - The company does not have a strong demand for a payment license due to its B2B model, which primarily serves small and medium-sized foreign trade enterprises [1] - The transaction fees for card payments can be as high as 3%, making online payments costly for large transactions [1] - The approval process for payment licenses has been suspended for a long time, and the company will continue to monitor developments [1] Group 3: Cross-Border Services - The company has signed service agreements with several clients to help them expand into the North American market [2] - Initial focus areas for product offerings include office furniture, machinery electronics, and pet-related accessories, chosen for their non-time-sensitive nature and reasonable profit margins [2] - The company aims to assist clients in establishing their own brands and enhancing market competitiveness [2] Group 4: Brand Development in the U.S. - In the second half of 2015, the company established a brand project team to promote quality suppliers' products in the U.S. [2] - The U.S. subsidiary, InQbrands Inc., was formed to incubate brands and provide operational support for clients on platforms like Amazon and eBay [2] - Service agreements with clients last for 10 years to ensure sustainable brand establishment and growth in the U.S. market [2] Group 5: New Insurance Platform - The company launched the New One-Stop Insurance Alliance platform in 2014 to share insurance products and services with partners [3] - By 2015, over 2,000 enterprises and institutions had collaborated with the insurance alliance, creating an internet insurance ecosystem [4] - The company is in the process of establishing an online property insurance company and is currently applying for a license [5] Group 6: Claims Processing Innovation - The New One-Stop service introduced a real-time claims process, promising payment within three days, significantly reducing traditional claim processing times [6]