Group 1: Company Overview and Business Focus - The company will continue its focus on security monitoring and invest in the communication sector, particularly in smart cities and IoT [2][3] - A joint venture with SenseTime is expected to hold a press conference on AI applications in security in June 2018 [3] - The company holds a 4% stake in a joint venture with Urumqi Urban Investment and Shanghai Electric Science, focusing on smart city projects in Urumqi [3] Group 2: Financial Performance and Contracts - In 2017, the company signed new contracts worth nearly 1.4 billion yuan, with 50%-70% in security and 30%-50% in communication [4] - The company has added 500 million yuan in new contracts this year, maintaining a similar distribution in contract types [4] - The target revenue for security operation and maintenance services is set at 100 million yuan for this year and 200 million yuan for the next year [4][5] Group 3: Operational Insights and Challenges - The company currently operates approximately 1/6 of the cameras in Xinjiang and aims to capture a larger share of the operation and maintenance market [3] - The company is focusing on debt collection as a priority, with good collection performance reported in April [4] - The company is involved in the construction and maintenance of multiple data centers in Xinjiang, with plans to add over 20 new data centers this year [5] Group 4: Future Prospects and Market Trends - The company expects to see business breakthroughs in the Central Asia market in the next two years [6] - The outlook for the security industry in Xinjiang remains positive, with anticipated increased investment in the sector [6] - The company faces challenges in maintaining its current scale in communication network engineering due to the slow rollout of 4G services in Xinjiang [6]
立昂技术(300603) - 2018年4月24日投资者关系活动记录表(二)