Sinovatio(SZ:002912)2022-12-03 08:58Group 1: R&D Investment - The company invests over 20% of its sales revenue in R&D annually [4] - As of June 30, 2018, the company had 561 R&D personnel, accounting for 57.36% of its workforce [4] Group 2: Market Position and Product Development - The company maintains high investment in front-end devices to ensure product leadership in the market [4] - Recent years have seen increased efforts in developing the back-end market for network visualization, achieving balanced investment in both front and back-end [4] Group 3: Big Data Operations - The company focuses on expanding big data operations within its advantageous industry sectors, while also increasing commercial points in education, finance, and auditing [5] - A data analysis and AI team has been established to integrate big data with AI, developing various big data products that have begun to show competitive market strength [5] Group 4: Competitive Differentiation - The company primarily engages directly with end-users such as government and enterprises, unlike competitors who often work with integrators or distributors [6] - The product range is comprehensive, covering broadband, mobile network, network content security, and big data operations, providing a one-stop solution capability [6] Group 5: Revenue Recognition - The company adheres strictly to accounting standards and revenue recognition policies, ensuring consistency in revenue recognition before and after its IPO [6]