Kangguan Technology (001308.SZ) stated on the investor interaction platform that splicing screen is one of the professional display products in the company's intelligent interactive display business. In 2023, the shipment volume of the company's professional display products increased by 173.89% year-on-year, and the shipment volume in the first quarter of 2024 increased by 4.53% year-on-year. After years of technological accumulation and experience, the company has formed the following competitive advantages: (1) full-process customized R&D design advantages of software and hardware. The company has more than one thousand R&D design engineers who can respond to customized product needs of different countries, certification systems, operating systems or signal interfaces in a timely manner. (2) Flexible manufacturing advantages. The company has about 520,000 square meters of self-owned intelligent manufacturing centers in Shenzhen and Huizhou, with 65 main production lines of various types. The company has a large number of high-quality industrial workers, complete industry chain, efficient supply chain, and automated production lines, and can produce small quantities and multiple types of products on the basis of ensuring quality and cost control, with relatively small single-order quantity and high gross profit. The company has established differentiated market strategies and quality customer resources advantages, covering global leading brand manufacturers of intelligent interactive display products, small and medium-sized regional markets of international well-known brands of smart TV, and local leading brand customers in each regional market. With diversified product demand and high customization demand, the company has worked with most of the top 10 global brand manufacturers. (4) Global layout advantages. The company's main customers are overseas, and its overseas market share has been increasing year by year since 2014. The company has established multiple technology support and service centers worldwide to improve its technical service capabilities. (5) Professional talent advantages. The company attaches great importance to the construction of professional personnel, constantly improves and optimizes the personnel mechanism and process, strengthens the talent team, establishes a dual-channel development system, and expands employee development opportunities.