ENJOYOR(SZ:300020)2022-12-04 09:00Group 1: Company Overview and Governance - The recent board restructuring aims to promote "professionalism and youthfulness" in leadership, ensuring the company continues to thrive over the next decade [2] - The previous board members will still hold significant positions within the company to support its development [2] Group 2: Strategic Goals and Market Position - The company’s strategic goal for the next 10 years is to focus on "urban brain operation service business," maintaining its current operational direction while adapting to new economic trends and technologies [3] - Over 50% of the company's business is concentrated in the East China region, which has the best fiscal performance in the country, minimizing bad debt risks [3] Group 3: Financial Management and Debt Collection - The company has established a dedicated accounts receivable team to expedite payment processes, maintaining bad debts within a controllable range [3] - The company’s quarterly assessments of project payment progress ensure smooth cash flow [3] Group 4: Research and Development - The R&D team comprises over 200 members, accounting for approximately 30% of the total workforce, with R&D expenditures reaching CNY 120 million in 2018 [5] - The company holds over 300 patents and 800 software copyrights, with more than 70 software products registered [4] Group 5: Competitive Advantages - The company leverages over 20 years of industry experience to maintain a strong market reputation and innovative capabilities [4] - It utilizes advanced technologies such as IoT, cloud computing, big data, AI, and blockchain to provide cutting-edge software products for smart city applications [4] Group 6: Collaborations and Partnerships - The company has established partnerships with Alibaba and Huawei, focusing on traffic optimization projects and IoT hospital solutions, respectively [5] - Collaborations have led to significant projects in cities like Hangzhou, Shenzhen, Wuhan, and Xi'an [5]