SENSSUN(SZ:002870)2022-12-03 10:22Group 1: Investor Relations Activities - The investor relations activity was held on May 8, 2019, from 3:00 PM to 5:00 PM, via an online platform [2] - The meeting included interactions with investors, addressing their main concerns [3] Group 2: Foreign Investment and Market Opportunities - The foreign shareholding ratio is currently unavailable and requires a separate application to the China Securities Depository and Clearing Corporation [4] - The "Belt and Road" initiative is expected to enhance trade and investment liberalization, providing opportunities for the company to expand its global presence [4] Group 3: Financial Performance and Strategies - The company experienced a significant decline in net profit, with a decrease of 31.34% in 2017 and 46.15% in 2018 [6] - The company plans to implement a global marketing strategy, enhance e-commerce channels, and explore new markets to increase sales and brand influence [6][7] Group 4: Research and Development - The company generally expenses R&D costs during the research phase and capitalizes them if they meet certain conditions during the development phase [5][6] - The R&D budget for 2019 is projected to be between 3% to 6% of revenue [13] Group 5: Inventory and Cash Flow Management - As of December 31, 2018, the company's inventory amounted to 123 million yuan, a decrease of 8.36 million yuan (6.33%) from the beginning of the year [7] - The company aims to optimize cash flow by controlling inventory levels and accelerating accounts receivable collection [13] Group 6: Market Position and Product Strategy - The company is focusing on developing home health products and smart measurement products while supporting commercial weighing products [7] - The company is also exploring high-end equipment manufacturing and e-commerce channels to enhance its market position [8]