NOVA TECH(SZ:300921)2022-11-21 15:48Business Overview - The main business segments of the company are value-added telecommunications and system integration [2][3] - Value-added telecommunications include IP-VPN, SD-WAN, enterprise internet, IDC, and cloud-related applications [3] - System integration encompasses data centers, video conferencing, smart security, and solutions for the civil aviation industry [3] Performance and Growth Targets - The company aims for significant growth in 2022, focusing on expanding its MPLS VPN backbone and ISP backbone networks [4] - The 2021 stock incentive plan outlines specific performance targets for the next three years [4] Technological Development - The company launched a domestically developed SD-WAN product in July 2021, marking a key growth point for 2022 [4] - New SD-WAN nodes in Frankfurt and Singapore were established to enhance global market presence [4] Overseas Strategy - The overseas strategy includes both "bringing in" and "going out" approaches, establishing stable partnerships with foreign enterprises and expanding overseas operations [4] - The Singapore and Frankfurt nodes will cover major countries in Southeast Asia and all European countries, respectively [4] Operational Capabilities - The company has a dedicated technical service team of nearly 100 people with over 20 years of operational experience [5] - It follows ISO/IEC 20000-1:2011 standards to ensure a customer-centric service management system [5] Financial Performance - Revenue increased in the first three quarters of 2021, but profits declined due to increased R&D investments [5][6] - The focus on enhancing R&D capabilities is seen as crucial for improving competitiveness [6] Future Directions - The company plans to focus on intelligent network research, including SASE and SD-WAN technologies, and aims to provide comprehensive intelligent network solutions [6] - It will also track industry trends and optimize IT infrastructure services based on evolving enterprise needs [6]