Wangsu Science & Technology (SZ:300017)2022-12-08 08:31Group 1: Market Impact and Competitive Position - The establishment of a joint CDN company by telecom operators is not expected to impact the core competitiveness of the company, which relies on technical strength and operational services rather than just resource availability [1] - Global examples show that telecom operators entering the CDN market, such as AT&T and NTT, have faced challenges, indicating that success in this sector is driven by technology and experience rather than resources alone [1] Group 2: Financial Performance and Growth Outlook - The company has maintained a steady increase in gross margin throughout the year, indicating a positive trend driven by product structure optimization and platform scaling effects [2] - Future growth in gross margin is anticipated to continue as a result of these factors [2] Group 3: Mergers and Acquisitions Strategy - The company is actively seeking suitable acquisition targets to strengthen its position and enhance its capabilities [3] - Future acquisition considerations will focus on areas such as internet security and cloud computing, targeting technology-oriented companies that align with the company's core business [3]