Lakala(SZ:300773)2022-12-04 09:42Group 1: Business Overview - The company operates in four business segments: payment technology, financial technology, e-commerce technology, and information technology [1] - The company has approximately 3,500 merchants and branches across all provinces in China [1] Group 2: Growth Expectations - In the next 1-3 years, both the number of merchants and transaction volume are expected to grow [2] - The company focuses more on merchant structure and transaction volume rather than just the number of merchants [2] Group 3: Strategies for Increasing Transaction Volume - The company aims to expand new merchants while also enhancing the transaction activity of existing merchants through various methods, including interaction with account managers and product innovation [2] Group 4: Business Segment Focus - Resources are primarily directed towards payment and merchant operations, with dedicated teams for each of the four business segments [2] - The three new business segments currently account for over 30% of the company's net profit, with a target of reaching 50% within three years [2] Group 5: Historical Transaction Trends - Since obtaining a payment license in 2011, the company has leveraged its nationwide branches and partnerships to develop its card acquiring business, leading to continuous high growth in transaction volume from 2014 [2] - In 2019, transaction volume saw a year-on-year decline due to macroeconomic factors and a focus on expanding QR code transaction merchants, but future growth is anticipated [2]