Yitoa Intelligent Control(SZ:300131)2022-12-08 09:14Group 1: Company Overview and Product Development - Shenzhen Yingtang Intelligent Control Co., Ltd. focuses on IoT products and has established a partnership with Aeno Labs to enhance its market presence [1] - The company has over 100 R&D personnel in both domestic and international teams, ensuring leading technology and information exchange [1] - The product range includes white goods, air purifiers, small appliances, and some digital products, with a shift towards mid-range products to improve gross margins [1] Group 2: Market Strategy and Future Outlook - In the second half of the year, the company plans to increase promotion of DIY products in U.S. supermarkets and focus on engineering contractors in the domestic market [2] - The company offers a comprehensive smart home solution and aims to integrate more foreign design teams into its operations [2] - Future intentions include potential mergers and acquisitions, resource integration, and extending product lines into the sensor industry for technological expansion [2]