H&T INTELLIGENT(SZ:002402)2022-12-04 08:28Company Overview - Shenzhen Heertai Intelligent Control Co., Ltd. was established in 1999 and has become a leading global enterprise in the field of smart controllers for household products [3][4]. - The company focuses on high-end technology, markets, and clients, partnering with renowned global brands such as Electrolux, Whirlpool, Siemens, and GE [4]. Market Position and Growth - The demand for smart controllers is increasing due to advancements in electronic information technology, leading to rapid growth in the company's performance [4][5]. - The company holds nearly 300 invention patents and is recognized as having the strongest R&D capabilities in the industry [4][5]. Strategic Development - The company aims to maintain its high-end market positioning while expanding its market share and industry influence [5]. - It is developing a smart hardware and IoT platform based on big data and AI, intending to create a comprehensive service platform for households and industries [5][6]. New Business Initiatives - The company has established a team of over 400 people dedicated to developing smart hardware and integrating AI technologies [8]. - The C-life platform aims to provide a comprehensive service that connects various household devices through big data and AI, enhancing user experience [15][16]. Collaboration and Partnerships - The company collaborates with various industries, including healthcare, beauty, and childcare, to create AI applications that improve family services [11][12]. - Partnerships with telecom companies aim to build a robust IoT platform that encompasses smart home scenarios and other sectors [12]. Financial Performance and Future Outlook - The company anticipates maintaining high-speed growth over the next 3-5 years despite a slight decline in gross margin due to upstream material shortages [13]. - The company is expanding its production capabilities with new projects in Shenzhen and the Yangtze River Delta, expected to be operational by the end of next year [14].