Taiji Corp,Ltd(SZ:002368)2022-11-21 16:06Group 1: Strategic Partnerships - Taiji Co. signed a strategic cooperation agreement with Guangxi Beitou Xinchuan Technology Investment Group, focusing on the development of trade and technology in Guangxi, aiming to enhance the region's integration into the "Belt and Road" initiative [1] - The partnership will extend into areas such as innovative applications, smart transportation, and water management, promoting high-quality development in Guangxi [1] Group 2: Business Development in Xiong'an - Since the establishment of the Xiong'an branch in 2019, Taiji Co. has actively participated in various projects, including smart city planning and IoT application planning [2] - Key projects include the "One Network for All" initiative and the public safety video surveillance project, contributing significantly to the development of Xiong'an [2] Group 3: Product Offerings - The Taiji Inf-Link IoT platform integrates big data, AI, and 5G technologies for comprehensive management of IoT devices, providing services across various sectors [2] - The government cloud service model involves enterprise investment and government procurement, facilitating a shift from traditional IT construction to operational partnership [2] Group 4: Financial Performance - In 2020, the gross margin for network security and autonomous controllable business declined due to rapid growth in the Xinchuang business, which has a lower margin [2] - Taiji Co. ranked second in the integrated government service platform market in China, holding a market share of 16.8% according to IDC [2]