Lakala(SZ:300773)2022-12-04 09:48Group 1: Company Overview and Partnerships - The company collaborates with Huawei on various initiatives, including membership, discounts, marketing, and product cooperation [2] - Joint development of Huawei Wallet merchant payment and user discount marketing has been completed, with plans for further market promotion [3] Group 2: Impact of COVID-19 - The pandemic has significantly affected industries such as dining, hotels, retail, and tourism, but the company's overall transaction volume is expected to see only a slight decline [3] - After January 20, 2020, the overall transaction volume began to recover [3] Group 3: Business Performance and Goals - The company's QR code transaction volume exceeded 600 billion in the previous year, with a strong growth trend and an increasing structural proportion [3] - Merchant operating business revenue grew over 80% in 2019, with plans for continued expansion in 2020 [4] Group 4: Financial Technology Model - The financial technology model includes providing services such as loans, insurance, and credit cards to small and micro businesses in collaboration with financial institutions [4] - The company offers integrated services like card acceptance and QR code payments to small banks, including risk control technology output services [4] Group 5: Marketing and Industry Trends - The company's membership advertising and marketing business has shown significant progress due to its user scale and operations [4] - Industry fee rates have remained stable in recent years, with expectations for 2020 to follow the same trend [4]