Based on professional video, firmly transform "big screen + AR" solution and intelligent robot
The company has been engaged in professional video industry for many years, and its products have been successfully used in more than 3800 large-scale projects. it is the first high-tech company in China to develop, produce and sell large-screen splicing display system. For many years in a row, it has won the system Integration engineer Award in the large-screen industry, and won many honors such as "the most potential gem enterprise", "the top 20 most innovative enterprises" and "science and technology new Zhejiang businessmen", occupying a leading position in China. In recent years, the company has spun off its loss-making business and promoted the industrialization of large screen fusion AR technology and intelligent robots, and its performance has entered the upward channel.
Invest in Silicon Valley Meta, cut into AR applications, and upgrade "large screen + AR" solution
Based on the universality of technology, AR provides open-loop interaction with a wide range of applications, and the enterprise market has great potential to break out. In January 2016, the company invested in Meta, the world's leading American augmented reality company, to cut into the augmented reality industry, promote the upgrade of "large screen + AR" technology, and explore the professional video incremental market. In the future, we will continue to participate in augmented reality industrial ecological construction, and make continuous layout in key hardware, algorithm technology, content platform, IP incubation, industry application promotion and other AR industry links by way of foreign investment and M & A, so as to create an internationally competitive AR industry chain and application ecology.
Join Jibo to speed up the layout of robot industry and serve the rich reserve of robot technology.
Service robot has become the most potential robot segment market, and has shown a rapid development trend. It is estimated that China's service robot market will reach 24 billion yuan in 2017. At present, the market pattern of service robot is far from solidified, the field of subdivision is broad, the cross-border layout of technology giants, and the catalytic industry has entered a period of rapid development.
The company has mastered a number of robot core technologies, the vehicle self-balancing platform has been successfully developed and can be put into production, the bank robot has entered the market, and the commercialization process of many products has been accelerated. The company holds hands with Stanford University's robot research team, participates in Jibo of the United States, and cuts into the R & D, production and manufacturing process of the world's leading intelligent social robot products. In the future, it will continue to promote the integration of advanced robot technology at home and abroad and improve its core competitiveness.
Risk hint
Overseas high-end technology investment risks, technology and product research and development risks, product promotion and sales are not up to expectations.
Maintain a "buy" rating
The strategic planning of the company based on professional video transformation of intelligent applications is clear, robot and AR industry application solutions have begun to enter the market, performance has entered the upward channel, and strong extension expectations. It is estimated that the company's 16-18 net profit is 3046xpx 5453 / 88.36 million, EPS is 0.07max 0.13max 0.21 yuan respectively, and the current share price corresponds to PE 202x113max 70X, maintaining a "buy" rating.
