Tianyu Information(SZ:300205)2022-12-08 02:58Group 1: Business Overview - The company focuses on data security, online education, payment services & internet finance, and comprehensive taxpayer services [1] - Data security services include financial IC cards, communication smart cards, mobile payment cards, and embedded security modules [2] - Online education services are centered around K12 education cloud platform development and operation [2] Group 2: Online Education Business - The national education informatization plan aims for broadband network access in schools and the establishment of educational resource public service platforms [2][3] - The next five years are critical for achieving the ten-year planning goals in education informatization [3] - The company’s K12 online education solutions integrate cloud platforms, application systems, and online learning platforms to meet user needs [3][4] Group 3: Market Expansion - The company has been awarded contracts for regional education cloud platform projects in various provinces and cities, leading to a leading market share in this field [4] - The company’s online education business is positioned as cloud + end, product + service, and TO B + TO C [4] Group 4: Taxpayer Services - The expansion of the "VAT reform" has significantly increased the market demand for tax control devices [5] - The company’s taxpayer service business leverages the rigid demand for tax control devices to provide value-added services [5] Group 5: Mobile Payment & Internet Finance - The mobile payment services are designed to provide industry-specific financial payment solutions [6] - The company’s mobile terminal security services utilize TEE technology to ensure secure mobile transactions [6] - The smart retail O2O business aims to enhance offline consumer experiences through big data analysis and marketing [6] Group 6: Business Outlook - The company anticipates breakthroughs in revenue sources from tax control devices, mPOS, and online education, leading to a more balanced income stream [7] - An employee stock incentive plan has been implemented at the subsidiary level to enhance employee engagement [7]