Philisense(300287)2022-12-08 01:24Group 1: Company Overview - Beijing Feilixin Technology Co., Ltd. focuses on smart meetings, smart cities, big data, and internet education, with the first three being part of the information technology sector and exhibiting synergy [4][5][6][7]. Group 2: Business Segments - Smart Meetings: The company has 21 subsidiaries, with Feilixin Electronics and Zhongda Huatang specializing in smart meeting services. The business has been operational since 1997, with competitive software, hardware, and channels. Future development will target international markets [4][5]. - Smart Cities: The smart city platform includes several subsidiaries and has significant contract values. Recent projects have been executed under the PPP model, with local government partnerships [5][6]. - Big Data: Collaborations with the National Information Center have led to the establishment of GuoXin LiXin, focusing on personal and corporate credit services. Revenue sources include rating fees and project income [6][7]. - Internet Education: The business is divided into academic education and professional technical training, with a projected profit of 30-40 million in the coming year [7][8]. Group 3: Financial Insights - The company anticipates maintaining a 30% growth in smart meeting services and is currently deploying cloud services and big data applications [7][11]. - The smart city projects are the primary source of current profits, with ongoing efforts to integrate cloud services and big data applications [7][10]. Group 4: Regulatory and Licensing - The company is in the process of applying for credit licenses, with the People's Bank of China overseeing financial data analysis licenses [8][9]. - GuoXin LiXin holds a 35% stake from the National Information Center and is expected to serve enterprises and government clients with credit analysis data [8][9]. Group 5: Competitive Landscape - In the smart city sector, the company is strategically positioned to leverage its PPP operational platform, ensuring a competitive edge in project acquisition [12]. - The company is currently not involved in smart healthcare but is exploring partnerships for future integration [12].