AVIT(SZ:300264)2022-12-05 05:44Group 1: Business Strategy - The company has invested 100 million RMB to establish Beijing Yijing Technology Company to actively develop VR business [2] - A total investment of 150 million RMB was made to acquire 100% equity of Shaanxi Fenteng Interactive [2] - The company aims to strengthen partnerships with Youpeng Puluo, Shaanxi Fenteng, and Run Education in capital, technology, market, and talent [3] Group 2: Technology and Product Development - The company has established a transmission link for VR and panoramic video content over broadcasting networks, enabling further advancement of "VR + Broadcasting" [3] - The first practical broadcasting-grade end-to-end VR product is expected to be developed and promoted in 2017 [3] - The company is the first in China to transmit 4K HD VR video and panoramic video content through cable television networks, maintaining a leading position in related technology [5] Group 3: Market Position and Competitive Advantage - Broadcasting networks provide natural advantages for VR video transmission in terms of bandwidth and content protection compared to telecom and internet networks [4] - The company has a complete end-to-end digital television solution, including hardware integration, network optimization, and large-scale digital television business software [4] - The company has accumulated over 1,000 hours of content material since the establishment of Yijing Technology in June 2016, producing nearly 30 hours of panoramic and VR videos [5]