Star-net(SZ:002396)2022-12-04 10:34Group 1: Financial Performance and Projections - The company expects a year-on-year revenue growth of 30%-60% for the full year, based on better-than-expected growth in Q3 [1] - The initial investment in Sichuan Software was 240 million CNY, with a cash recovery of 197 million CNY (82% recovery rate) through the transfer of 22% equity [2] Group 2: Shareholder Actions and Company Strategy - The reduction of shares by Xinjiang Weishi was conducted through block trading and centralized bidding, complying with exchange regulations [2] - There are currently no plans to acquire minority shareholder equity in Ruijie Network [2] - The company aims to focus on technological innovation and market expansion while reducing investment risks [2] Group 3: Business Operations and Market Position - The company primarily provides enterprise-level solutions, with some collaboration with mobile services for enterprise clients [2] - Ruijie Network, a subsidiary, offers data center solutions to internet companies like Alibaba and Tencent [3] Group 4: Industry Trends and Future Outlook - The company is monitoring the development of 5G standards to adapt its offerings accordingly [2]