THVOW(SZ:002564)2022-12-08 09:26Group 1: Company Overview and Strategy - Zhangjiagang Chemical Machinery Co., Ltd. is focusing on maximizing platform value by exploring various consumer demands from 75 million users [2] - The company aims to expand its business model from C2C to B2C and B2B, leveraging capital market resources for growth [3] - The restructuring decision, including renaming to "Tianwo Technology," reflects a commitment to technology and internet industry trends [4] Group 2: Product Development and Market Position - 5173 has previously engaged in hardware sales and is now considering cross-selling to fully exploit customer needs [3] - The company is actively developing a new mobile app to enhance user experience and compete with existing mobile trading companies [3] - 5173 holds nearly 50% market share in the end-game trading sector, with competitors like Taobao at 10.5% and Paipai at around 7% [5] Group 3: Regulatory Environment and Future Prospects - The company is the first in the industry to obtain a license for virtual currency trading from the Ministry of Culture, ensuring legal compliance [4] - Future plans include entering the online social networking space and enhancing community engagement through mobile platforms [4] - The company is exploring the potential of virtual goods, including lottery tickets and cryptocurrencies, as part of its business expansion [5] Group 4: Competitive Landscape and Challenges - The gaming industry is highly competitive, with major players like Alibaba and Tencent posing significant challenges [5] - 5173 is focusing on building a strong team and employee incentive plans to drive growth and maintain competitive advantage [3] - The company recognizes the need for strategic adjustments to enhance market presence and user experience before considering monetization [3]