Star-net(SZ:002396)2022-12-03 10:50Group 1: Financial Performance - The company's overall gross margin has declined due to changes in product structure, with new products often having lower margins, impacting the overall margin level [4] - Investment income is non-recurring, raising questions about its sustainability [4] Group 2: Subsidiary and Product Development - There are considerations for subsidiaries to list on the Sci-Tech Innovation Board, dependent on policy compliance and meeting relevant conditions [4] - The growth of the subsidiary, ShengTeng, is driven by three product categories: thin clients, banking terminals, and payment products [4] Group 3: Market Trends and Product Lines - The data center switch product line is expected to see rapid growth opportunities, while other areas are anticipated to grow steadily [4] - The slowdown in growth for enterprise network devices in Q4 is attributed to adjustments in operator fees affecting the C-end WiFi market, while the B-end market remains stable [4][5] Group 4: Strategic Focus and Investments - The company maintains a relatively ample funding situation, supporting R&D and business expansion [5] - The company is focused on providing information solutions for enterprise-level clients and is monitoring the development of 5G technology to enhance customer solutions [5] Group 5: Revenue Sources - The primary source of overseas revenue currently comes from Deming Communications [5]