HXCX(SZ:300300)2022-12-08 05:34Group 1: Business Overview - The company operates in two main sectors: smart city construction and mobile internet, with the mobile internet sector contributing approximately 10% to the net profit in Q1 [1] - The synergy between the two sectors enhances the development of smart city projects, with mobile internet serving as a natural entry resource [1] Group 2: Advantages in Smart City Construction - The company possesses a comprehensive qualification system, holding the industry qualification "Eleven A" [1] - It has sufficient funding and advantages in areas such as program design, technology research and development, and software secondary development [1] Group 3: Market Presence - The company has established five regional centers across the country, ensuring localized operations [1] - It is also expanding into international markets, with efforts underway in North Africa [1] Group 4: Mobile Internet Business Development - The management recognizes the critical role of mobile internet technology in smart city construction, leading to the exploration of this new business area as a new profit growth point [2] - The two business sectors are expected to develop synergistically, creating a competitive advantage [2] Group 5: Financing Capability - The company maintains good relationships with banks, facilitating easy access to loans [2] - It has additional funds from oversubscription and can also raise capital through share issuance, indicating strong financing capabilities [2] Group 6: Order Situation in Smart City Construction - The company reports a good situation regarding new orders, emphasizing strict selection and quality of orders [2]