Haoyun Technologies(SZ:300448)2022-12-04 09:36Group 1: Company Strategy and Focus - The company has been focusing on the Internet of Things (IoT) industry chain for years, recently shifting its focus to industrial internet, which is a key area of the new infrastructure initiative [4] - The company's core products and strategic focus are on two main areas: a business engine-based smart IoT data platform and UWB (Ultra-Wideband) technology [4][6] Group 2: Smart IoT Data Platform - The smart IoT data platform is a low-code or no-code platform that allows rapid application development with minimal coding, enhancing user experience and efficiency [5][6] - The platform features three main characteristics: integration of IoT and management attributes, strong compatibility with various software and hardware, and a flexible configuration engine for easy customization [5][6][14] - According to Forrester, the market size for low-code development platforms is expected to reach $15.5 billion by 2020, with over 75% of application users developing in low-code or no-code environments [6] Group 3: UWB Technology - UWB technology is recognized for its high precision, low power consumption, and strong anti-interference capabilities, making it suitable for various applications in consumer and industrial markets [7][8][12] - The company’s subsidiary, Runan Technology, has been researching UWB technology since 2012, with applications in judicial, financial, nuclear power, and medical fields [8][9][15] - UWB technology is being integrated into various sectors, including smart judicial systems, electronic management systems in finance, and precise location management in nuclear power plants [9][15] Group 4: Market Position and Client Dependency - The company’s top five clients accounted for approximately 23% of its revenue in 2019, indicating no significant dependency on a single client [16] - The low-code platform has seen multiple successful implementations in the financial sector, with ongoing efforts to expand into real estate, property management, and logistics [16] Group 5: Future Outlook - The industrial internet is expected to see exponential growth in demand from G-end and B-end clients, with the company positioned to respond quickly to specific customer needs through its low-code platform [11][12] - The company is exploring various application scenarios for UWB technology, including smart parking, elderly care monitoring, and automated warehouse management [15]