Amarsoft(SZ:300380)2022-12-07 09:02Group 1: Business Overview - The company primarily engages in software development and services, credit and risk management, and data and business intelligence [2] - The company has recently obtained a license to enter the credit reporting industry, with new services in small loan cloud services, data services, and supply chain finance [2][3] Group 2: Data Services - Data services include litigation data, real estate data, business registration data, and public opinion data, with potential for data exchange and acquisition from various sources [3] - The core competitiveness of the data business lies in effectively utilizing limited data [3] Group 3: Internet Finance - Internet finance is viewed as a new model that adapts to user needs, rather than a simple combination of internet and finance [4] - The company focuses on asset-side internet finance, exploring various new models based on supply and demand [4] Group 4: Credit Reporting Business - The target users for credit reporting services include banks, quasi-banking institutions, corporate departments, and government entities [4] - The credit reporting market is currently small and will experience a long growth process before maturity, with development levels in China lagging behind similar income countries [4][5] Group 5: Challenges and Future Direction - Challenges in the credit reporting industry include data access restrictions and inadequate legal frameworks [5] - The company aims to maintain its professional advantages while expanding low marginal cost data and service businesses as primary profit sources [5]