002582 I miss you so much. The closing price was 7.73 yuan. E-commerce and specialty store sales are an important part of the company's sales. In 2021, during the year, e-commerce revenue accounted for 32.67% of operating income, and exclusive sales revenue accounted for 27.21%.

1, 002582 Miss you so much Closing price 7.73 yuan

Key points of the theme

[Healthy food based on red dates and food and drug homologous products] company is mainly engaged in the research and development of health foods based on red dates and food and drug homologous products. Production and sales. The company adheres to the development strategy of "the leader of healthy food in the new era", established a large health food system centered on red dates, formed a product matrix of "red dates + food and medicine", and continued to deepen the "health sentiment" and "lock the "Fresh pitted jujube", "Qingfeifei" and other series of large single product strategies, and combined special agricultural products such as tremella, lily, wolfberry, hawthorn and red dates to create standardized, healthy and high-quality food and drug homologous products. The company's retail business mainly includes omni-channel sales networks such as e-commerce, specialty stores, and supermarkets. E-commerce and specialty store sales are an important part of the company's sales. In 2021, e-commerce revenue accounted for 32.67% of operating income, and exclusive sales revenue accounted for 27.21%. Offline stores are distributed in some areas within Henan Province and outside the province. The business model is supplemented by direct sales and mainly franchised.

[Brand Advantage] The core brand "Miss You So Much" owned by Company focuses on high-end health food. It has been a leading company in the red date segment industry for many years. "Miss You So Much" has become synonymous with high-end red dates in the minds of consumers. Good brand reputation and market share.

[Industrial chain advantages] company has the advantages of the entire industrial chain such as raw material base, raw material procurement, refrigeration and preservation, technology research and development, production and processing, omni-channel sales, sightseeing and tourism, and education consulting. By exploring China's most distinctive agricultural products, contracting and purchasing origins, while promoting high-quality specialty agricultural products, consumers can gain a good traceability experience "from field to table".

[Laying out high-potential market segments] In 2021, the company will focus on "red dates + food and medicine with the same origin", continue to accelerate scientific and technological progress and the transformation of results, and continue to develop innovative healthy foods. The company has upgraded existing products such as Dr. Zao, Jianjianqing, ready-to-eat dates, and jujube cores to ensure that the existing products are revitalized with new vitality. At the same time, we have developed new healthy products such as low GI Qing Feifei, Xiao Xian Crisp, red date coffee, daily nuts , etc. In terms of research and development of these new products, we not only speed up and improve quality, but also ensure the continuous upgrading of product quality, which has contributed to the growth of the company's performance. and made important contributions to the expansion of young consumer groups. The new product has also made many breakthroughs in technological innovation. Low GI Qing Feifei meets the consumption needs of people who are afraid of sugar for multiple meals a day; "small fresh crisp" meets consumers' demand for "zero oil". The launch of new products firmly grasps the new trends in the market, quickly captures the minds of consumers, meets the needs of young consumer groups, and improves the company's performance growth. New category products are launched, creating sales of 50 million yuan.

[Marketing Channels] company’s online channels mainly focus on omni-channel operations, deploying new e-commerce, operating new brands, and expanding new categories. The company has established channel management departments such as the Missyou E-commerce Department, the Live Streaming E-commerce Department, the Qingfeifei Operations Department, the Small Frozen Food Project Department, and the Wedding Celebration Project Department, focusing on the layout of live streaming e-commerce, social e-commerce, and content e-commerce, with "1 main focus" The "brand + N sub-brand" strategy cuts into various precise market segments to meet the needs of multiple scenarios. On the basis of consolidating offline and online channels, the company uses the new retail platform as a carrier to achieve online and offline linkage. The specialty store expands three major online business lines (online mall, takeout, and community group) through new retail, builds a diversified consumption scenario of "people and goods field", and provides customers with convenient services with multi-entry coverage, interconnection, and quick pick-up. Empower online members of specialty stores to attract traffic to the store, and comprehensively promote the same style and price online and offline, so that consumers can buy offline exclusive products of the same quality and price on online platforms such as Tmall and JD . During the reporting period, the new retail platform successfully attracted 11,000 members to offline stores.

2, 000333 Midea Group Closing price 55.11 yuan

Key points of the theme

[Global Technology Group] Midea is a company covering the smart home business group, industrial technology business group, building technology business unit, robotics and automation business unit and digital innovation business A global technology group with five major business segments, it provides a diverse range of product types and services. The smart home business group, as the operating entity of smart home appliances, smart home and surrounding related industries and ecological chains, is responsible for the construction of intelligent scenarios for end users, user operations and data value exploration, and is committed to providing the best experience for end users. Whole-house smart home and services; industrial technology business group, with professional R&D, production and sales compressor . The ability to produce high-precision core components such as motors, chips, inverters, servo systems and cooling modules, owned by Meizhi, Welling, Meiren, Toshiba , Hicon, Nippon, Gaochuang and Dongling and other brands, the products are widely used in household appliances, 3C products, new energy vehicles and industrial automation and other fields; the Building Technology Division, with the building digital service platform as the core, opens up the building traffic flow, information flow, experience flow, and energy flow, and provides users with intelligent, digital, and low-carbon overall building solutions; Robotics and Automation The business unit provides solutions including industrial robots, logistics automation systems and transmission systems, as well as solutions for medical, entertainment, and new consumer html. Related solutions in 3 fields, etc.; digital innovation business mainly includes new businesses hatched in the transformation of Midea Group's business model such as smart supply chain, industrial Internet, etc., which can provide software services and unmanned retail solutions for enterprises' digital transformation and productive services, etc., including Wandong Medical, which is engaged in imaging medical device products and related services.

[Artificial Intelligence Technology] In 2021, Midea's AI Innovation Center has established an AI technology research and development network covering China and the United States, with a R&D team of more than 200 people to achieve continuous innovation in artificial intelligence core technology, respectively in home service robots The four major directions of , smart home AI empowerment, AI, home brain, and edge intelligence have been implemented to promote the product application of AI technology in the smart home field. Among them, the full-link speech technology has been gradually realized around the fields of speech front-end, speech recognition, natural language understanding, speech synthesis and other fields, and an industry-leading innovative technology portfolio such as mixed dialects, intelligent wake-up, recognition of people by sound, and active recommendation has been built. Midea's independently developed voice/language-related technology has been applied to 5 major product forms, 11 categories and 34 single products, and has served a total of 1.1 billion user requests; Achieve technological breakthroughs in the field of computer vision and . In terms of virtual human technology, we have achieved full online real-time synthesis from two-dimensional images of characters to three-dimensional images. We have developed industry-leading real-person driven expression automatic generation technology based on 2D cameras, which is widely used in smart homes. Implemented centimeter-level semantic maps in the scene and successfully developed low-cost standardized visual recognition hardware modules, and the Midea team is also working on ICCV Achieved second place in the world in the Track2 challenge category of the 2021 DeeperAction Challenge.

[Emerging Technology Fields] Midea continues to invest in and research emerging technology fields such as artificial intelligence, chips, sensors, big data, cloud computing, , etc. It has the largest artificial intelligence team in the home appliance industry and is committed to using big data and AI As a driving force, we empower products, machines, processes, and systems with the ability to sense, recognize, understand, and make decisions, eliminate the barriers to human-computer interaction to the greatest extent, and create smart home appliances with the goal of "no interaction". For the field of consumer appliances, we will continue to deepen the layout of the four major product series of MCU, IoT, power supplies, and power chips. In 2021, the mass production of chips will exceed 10 million, and we will gradually expand into chip products in the industrial control and automotive fields. On March 15, 2022, the company disclosed on the interactive platform: Shanghai Meiren Semiconductor Company, established by Midea in 2018, uses technical standards of safety, reliability, adaptability, and cost-effectiveness to cover home appliances, industry, automotive regulations, medical care, etc. chip development in the field.From 2020 to 2021, MCU chips will mainly be put into production, and mass production will begin in 2021. The annual mass production scale will be approximately 10 million pieces. In 2024, Midea can achieve mass production of automotive chips and be first used in the control of new energy vehicle water pumps .

[German KUKA Group] Midea is the largest shareholder (approximately 95%) of the German KUKA Group, the world's leading robotic intelligent automation company. In November 2021, the company plans to fully acquire and privatize the equity of KUKA, a company controlled by the company listed on the Frankfurt Exchange in Germany, through a wholly-owned subsidiary. After the completion of this acquisition, KUKA will become a wholly-owned overseas subsidiary of the company and be delisted from the Frankfurt Stock Exchange. KUKA plans to hold an annual shareholders' meeting on May 17, 2022 to review matters related to this acquisition. Midea's KUKA is the first robot manufacturer in the world to bring sensitive lightweight robots into the production workshop, and has become the first manufacturer to cover everything from collaborative robots to mobile robots and industrial heavy-duty robots. In 2021, KUKA China completed the release of 24 new products and applications, further completing the domestic product series and providing value-added services to customers through digital applications, including 6 products including the KMP 600-S diffDrive mobile robot. KUKA is also actively assisting Midea Group in improving its smart manufacturing level. As of the beginning of 2022, Midea's robot usage density has exceeded 370 units/ten thousand people, and will further increase investment in the next two years to achieve the goal of 700 units/ten thousand people.

3, 603083 Cambridge Technology closing price 11.98 Yuan

Key points of the theme

[Mainly engaged in optoelectronic terminal equipment, small base stations, etc.] company's main business is optoelectronic terminal equipment used in communications, data communications and enterprise networks. Based on the cooperation model (mainly customized JDM and ODM models for large customers) or under the company's own brand, four major product lines include telecommunications broadband, wireless networks and small base stations, switches, and industrial IoT basic hardware, as well as high-speed optical components and R&D, production and sales of optical module products.

[High-speed optical components and optical modules (Optoelectronics Division)] The Japanese Optoelectronics R&D team of the Optoelectronics Division is leading the industry in the development of various high-end 400G and 800G modules, and has completed 800G 2×FR4 and 8×FR1 in 2021. The R&D prototype of the product was developed and shipped in small quantities. At the same time, it was introduced into the Shanghai factory to prepare for mass production in 2022. In 2021, the Optoelectronics Division completed 100G QSFP28 long-distance series (30km/40km/80km) optical modules, 100G QSFP28 single-wavelength series (500m/2km/10km) optical modules, 400G DR4/4×FR1/4×LR1 (500m/ 2km/10km), 400G The expansion of production, process optimization of FR4/LR4 (2km/10km) optical modules, 10G-XGSPON/10G-EPON SFP+ optical modules and other products, as well as batch shipments to key domestic and foreign customers; also promoted the new generation of DML-based Laser's low-power, low-cost 200G FR4+ (3km) optical module and new generation 50G R&D and small batch shipment of LR (10km) (enterprise network and 5G fronthaul and midhaul applications) optical modules, 800G 2×FR4 (2km) and 8×FR1 (2km) optical modules, as well as new-generation silicon photonic engines and Joint research and development, testing, verification and certification of 400G DR4+/DR4++ (2km/10km) and 800G 8×FR1 (2km) silicon optical modules of the new generation DSP chip with key customers.

[Subsidiary CIG America] In 2021, CIG America will continue to vigorously expand its North American business. Several of CIG America's flagship products have become well-known in the local industry, and many new customers directly purchase them by name. In response to the crisis in the supply chain, CIG America actively cooperates with various product lines to promote the introduction of alternative materials and new model iterations to alleviate supply pressure. CIG America also assists the supply chain in coordinating delivery with key chip suppliers, and promotes customer participation in material pursuit, which has achieved some results. In 2021, CIG America achieved revenue growth of more than 30% in the North American optical module market. This is mainly due to the growth of CIG America's business with multiple network equipment manufacturer customers, as well as the growth of larger third-party distributor business. The company became the main supplier of 100G LR4 for a major data center customer and made breakthrough progress in cooperation with the customer's 400G project. In addition, CIG America has not only made a series of breakthroughs in 100G single-wavelength and 400G projects, but its 800G products have also gained more new shares and are expected to make greater progress in 2022.

[Switch and Industrial IoT Basic Hardware (JDM Division)] In 2021, the switch and Industrial IoT basic hardware business of the JDM Division overcame the impact of various unfavorable factors such as the COVID-19 epidemic, raw material shortages, and price increases, and achieved full-year revenue. Although there was a 10.2% decrease year-on-year in 2020, gross profit increased by 10.3%. On the one hand, dozens of new projects were developed throughout the year, covering product lines such as enterprise network switches, wireless routers, home gateways , automotive electronics such as 5G-enabled Internet of Vehicles roadside units (RSU), high-speed network cards, etc.; On the other hand, we will continue to strengthen technical communication and exchanges with existing customers and explore new cooperation opportunities.

[Small Base Station] In terms of small base stations, the product line has been expanded in 2021. It has not only developed multi-mode and multi-service enterprise-level base stations, but also expanded to home-type integrated base stations. Sales customers have also penetrated into the mobile network, industrial network and private network markets of European, American, Japanese and Korean operators, and have reached in-depth cooperation agreements with several major mainstream equipment manufacturers. The Wireless Division has also integrated its 5G small base station and terminal technologies and invested in the research and development of fixed wireless access network products based on 5G technology. The Wireless Division also frequently participates in interconnection and certification tests of various standardization organizations and operators, which not only accumulates reputation and popularity in the industry, but also attracts emerging potential customers.