Tianyu Information(SZ:300205)2022-12-03 09:20Group 1: Financial IC Card Business - In the first half of 2018, the domestic financial IC card product market faced intensified competition, leading to a further decline in product selling prices [1] - The company expanded its market presence, achieving a 3% year-on-year increase in financial IC card product sales, compared to a 17% decline in the same period last year [1] - Despite the increase in sales volume, the overall product sales revenue decreased due to falling prices, resulting in a further decline in profit levels [1] Group 2: Financial Terminal Business - In the first half of 2018, the company adjusted its product sales structure in response to market demand, leading to a significant increase in mPOS product sales [2] - The overall sales revenue of financial terminal products grew by approximately 30% [2] - The company plans to continue expanding its market share in mPOS and traditional POS products while promoting new financial terminal products [2] Group 3: Smart Education Business - The company implemented a market strategy focused on platform development, channel expansion, and product iteration, enhancing the competitiveness of its smart education products [3] - In the first half of 2018, the subsidiary Tianyu Education achieved a revenue of 90.9 million yuan, a year-on-year increase of 411%, and turned a profit with a net profit of 10.19 million yuan [3] - The company aims to further expand its education cloud platform and smart classroom products, enhancing its operational service system [3] Group 4: Impact of US-China Trade War - The company has no export business to the US and has not been affected by the US-China trade war at this stage [3]