Star-net(SZ:002396)2022-12-04 07:20Group 1: Company Performance - The company's overall product line has shown balanced growth, with electronic payment being a highlight in Q3. Traditional POS is gradually transitioning to smart POS, creating new opportunities for electronic payment products. Other businesses are also developing steadily. The annual growth forecast is expected to be in the range of 30%-60% year-on-year [2]. Group 2: Subsidiary Growth - The subsidiary Ruijie Networks has seen stable growth in its switching and routing business, with high growth rates in new businesses such as wireless coverage and cloud classrooms. The company aims to continue this positive trend and is focused on providing competitive solutions that meet customer needs. Currently, there are no plans to acquire minority shareholder equity [2]. Group 3: Future Plans and Acquisitions - The company is in the performance commitment phase with Deming Communications and will develop corresponding plans based on actual strategic developments. The acquisition of minority shareholder equity in Shengteng has high performance commitment requirements, primarily based on the development of Shengteng's payment products, which have entered an upward channel after adjustments [2]. Group 4: Product Development - The company's wireless and cloud classroom solutions have competitive advantages and are experiencing stable growth. There are existing solutions in practical application for video conferencing, indicating ongoing development in this area [3].