Fenda Tech(SZ:002681)2022-12-06 09:01Group 1: Company Overview and Investor Relations - Shenzhen Fenda Technology Co., Ltd. held an investor relations activity on May 10, 2016, at Fenda Technology Park [2][3]. - Participants included representatives from various securities firms and investment funds [2][3]. Group 2: Product Development and Market Trends - Fenda Technology is focusing on the smart wearable product sector, which is expected to be a significant growth area for the company [5][6]. - The company is developing several products, including the MIO blood glucose meter and a running shoe mileage tracker [6]. - The smart wearable market is optimistic, with industry leader Fitbit reporting a revenue of $1.858 billion, a year-on-year increase of 150% [4][5]. Group 3: Strategic Initiatives and Future Plans - The company is pursuing medical-grade smart wearable products and has made significant research and development efforts in this area [5]. - Fenda Technology's second-phase construction will be completed by the end of the year, with an area of 264,000 square meters, aimed at creating a venture capital incubation park [7][8]. - The company has received approval for bond issuance, with funds allocated for working capital, second-phase construction, and mergers and acquisitions [8].