Gelonghui, May 9丨Wanji Technology (300552.SZ) held a performance briefing on April 28, 2024 to discuss “The company's overseas business had revenue of 2014 million yuan in 2023, and the cost was only 4.42 million yuan. How did it achieve such a high gross profit margin? What are the main application scenarios for overseas business? What are the future prospects for overseas business?” The company replied that the company's overseas business includes lidar, dynamic weighing WIM systems, and intelligent networking services, which are used in the fields of industrial and service robots, road traffic, and urban transportation. Overseas lidar products are relatively expensive. The dynamic weighing WIM system and intelligent networking services serve the company's own products, equipment and software, and the overall gross margin is high.
In the future, the company's overseas business will establish a direct sales model while also actively seeking excellent cooperative agencies and setting up overseas subsidiaries to expand localized operations and actively explore more overseas business.