AVIT(SZ:300264)2022-12-03 09:56Group 1: Company Overview and Strategic Direction - Shenzhen Jiachuan Video Technology Co., Ltd. is actively pursuing the "VR + Broadcasting" development strategy, having signed a strategic cooperation framework agreement with several national key laboratories in March 2016 [4] - The company invested CNY 100 million to establish a wholly-owned subsidiary in Beijing to focus on VR-related business [4] - As of May 2018, the company has signed trial broadcast agreements with five provincial broadcasting operators, marking its entry into the trial broadcast phase [5][10] Group 2: Industry Collaboration and Partnerships - On May 10, 2018, the company hosted the "VR + Broadcasting Industry Summit Forum," signing cooperation agreements with ten broadcasting operators, including China Cable and Tianwei Video [7][10] - The company has developed a comprehensive "VR + Broadcasting" industrial chain application plan, having applied for five national invention patents and six software copyrights [10] Group 3: Technological Advancements and Content Production - The company has produced nearly 300 panoramic and VR films, totaling approximately 10,000 hours of material and 100 hours of broadcast-level content, sufficient for the initial phase of VR industrial cooperation [8] - Jiachuan Video is the first company in China to achieve the transmission of 4K HD VR video and panoramic video content through cable television networks, positioning itself as a technological leader in the industry [9][10] Group 4: Market Potential and Future Growth - The "VR + Broadcasting" initiative is expected to significantly enhance the company's performance, with plans to build a nationwide VR content platform and explore new business models such as paid VR, VR advertising, and live VR events [11] - The company aims to leverage the extensive coverage of cable television networks to broadcast high-quality VR content directly to users' homes, enhancing user experience and engagement [11]