Feitian(SZ:300386)2022-12-07 08:32Financial Performance - In 2015, the company experienced a decline of over 20% in revenue during the first three quarters, with expectations for a slight improvement by year-end, pending the annual report [2] - The main products remain traditional U-Key and OTP, with a focus on breakthroughs in smart card technology [2] Product Development - The company introduced advanced smart cards at the Paris Card Expo, integrating identity authentication functions into chip cards [2] - The new smart card features multiple technologies, including battery technology, input/output technology, and display technology, amidst fierce market competition [3] Market Expansion - The company has entered the public transport card market by incorporating Disney characters into its designs, with plans to release new character cards in conjunction with Disney movie releases in 2016 [3] - The third-party payment company has been established, but its future depends on national policies regarding payment licenses [3] Strategic Positioning - The company's investment in third-party payment is only 10%, indicating it is not a core business focus [3] - The rise of convenient payment methods like Alipay and WeChat Pay presents potential target markets for the company, which aims to provide security solutions for these platforms [3]