FHM(SZ:300613)2022-12-04 06:58Financial Performance - The company's revenue for the first three quarters increased by 29.24% year-on-year, while the net profit attributable to shareholders decreased by 14.06% [3] - The decline in net profit is attributed to changes in product structure leading to a decrease in overall gross margin and increased competition in the network camera chip market [3] - R&D expenses have significantly increased, with personnel numbers growing by approximately 50% [3] Product Development and Market Strategy - The company focuses on customer needs for product planning and development, ensuring solutions address specific pain points [4] - New products are gradually gaining traction in East and South China, targeting both large and small customers [4] - The company anticipates growth in the IPC product line, with a moderate increase expected compared to the previous year [4] Future Outlook - The company plans to continue focusing on professional security video image processing, while also exploring broader security applications such as smart home, automotive electronics, and drones [5] - The market for these new applications is still in the cultivation stage, with a relatively low current market share [5] - The company is also researching the practical application of AI in security video monitoring products [5] Talent Acquisition and Incentives - Recruitment channels for R&D personnel include both social recruitment and campus recruitment, focusing on high-end talent and recent graduates [6] - The equity incentive plan covers less than 50% of the company's personnel, primarily targeting core technical staff to align employee interests with company growth [6]