Chengdu Yunda Technology (SZ:300440)2022-12-06 23:52Group 1: Business Development and Market Opportunities - The company has been collaborating with Chengdu Metro and is promoting its products to various metro systems, with a focus on a project involving a billion yuan rail transit initiative by the Chengdu government [2] - The company is exploring the potential expansion of its VR business into the gaming and entertainment sectors [3] - The company has acquired a 15% stake in Simtech, a mature VR channel provider, indicating a strategic move towards increasing investment in the VR sector [3] Group 2: Financial Performance and Growth Projections - The company has a five-year plan aiming for sales to reach 1 billion yuan, with expected revenue growth of nearly 20% [4] - Revenue growth is categorized into organic growth and external growth, with external growth anticipated to exceed organic growth due to the development of China's rail transit [4] - The company plans to combine external acquisitions with private placements to support ongoing revenue growth [3] Group 3: Research and Development - The company employs around 500 staff, with over 60% dedicated to R&D, and aims to expand its R&D team to 500 through the "Thousand Sails Project" [4] - Collaboration with Southwest Jiaotong University focuses on high-tech projects, technical cooperation, and establishing joint ventures [4]