吴通控股(300292) - 吴通控股调研活动信息

Group 1: Company Overview and Business Segments - The company adheres to a dual-driven strategy, focusing on both internal growth and external expansion, supported by two main business segments: Internet Information Services and Communication Intelligent Manufacturing [2]. - Internet Information Services include mobile information services and digital precision marketing, with subsidiaries leading in enterprise mobile information solutions and targeted marketing strategies [3]. - Communication Intelligent Manufacturing involves three areas: communication infrastructure connections, mobile communication terminal products, and electronic manufacturing services, establishing the company as a leading supplier in the domestic market [3]. Group 2: 2020 Performance and 2021 Outlook - In 2020, the company focused on supporting 5G communication project needs, collaborating with various clients to develop customized products, laying a solid foundation for future business growth [3]. - The company anticipates that future products will trend towards miniaturization, high integration, high speed, and broader coverage, aligning with industry development trends [3]. - The company has ceased its SSP business due to a decline since 2018, leading to a significant reduction in advertising revenue in the first half of 2020, but overall operational quality has improved [4]. Group 3: Advertising and Market Trends - The rise of new apps like Toutiao and Douyin has created significant market opportunities, prompting the company to focus on key platforms and clients to enhance its advertising capabilities [4]. - The company aims to improve video production and advertising material quality, thereby increasing service value and gross profit margins [4]. - The company is prepared for the commercialization of 5G messaging services, having established partnerships and received awards for its applications [5]. Group 4: Industry Challenges and Adaptations - The industry faces significant cost pressures due to price increases by operators, but companies have adapted by enhancing internal efficiency and expanding business scale [5]. - The concentration of the industry is expected to increase, benefiting leading companies as they upgrade existing products to 5G messaging services [5].