MEIYA PICO INC.(SZ:300188)2023-10-22 12:22Financial Performance - The company achieved a revenue of approximately 750 million CNY in the first three quarters of 2023, a decrease of 32.02% compared to the same period last year [2] - The net profit attributable to shareholders was a loss of 397 million CNY, down 91.39% year-on-year [2] - In Q3 2023, revenue was about 295 million CNY, a decline of 29.03% year-on-year, with a net loss of approximately 119 million CNY, a decrease of 25.59% [2] Business Development - The company is focusing on enhancing its competitive advantage by strengthening its core business while expanding into new markets [3] - The launch of the "Tianqing" public safety AI model and integrated equipment marks a significant step in the public safety industry [3] - The company has signed new orders in electronic data forensics, digital governance, and new network security, exceeding last year's levels [3] Strategic Initiatives - The establishment of Guotou Cloud Network is expected to accelerate the company's digital transformation and enhance collaboration with state-owned enterprises [4] - The company is actively participating in the security operations for the Hangzhou Asian Games, receiving positive feedback from clients [5] - Plans for Q4 2023 include improving operational efficiency and accelerating project delivery to meet annual performance targets [5] Market Expansion - The company aims to expand its overseas market presence, particularly in countries along the Belt and Road Initiative, through aid projects and technical training [5] - The focus on AI safety and data security aligns with emerging regulations and policies in the industry [6] Key Personnel - The investor relations activity on October 22, 2023, included participation from 47 investors, with key executives such as the Chairman and General Manager present [1][2]