Focus Tech.(002315)2024-11-15 10:05Group 1: AI Product Development and Strategy - Focus Technology is committed to AI application development, leveraging its influential B2B platform, Made-in-China.com, to enhance multi-language communication and automate repetitive tasks [3][4]. - In 2023, the company launched AI MaiKe, with version 1.0 debuting in April, followed by version 2.0 in July, and version 3.0 in September, which significantly improved operational efficiency for foreign trade [3]. - The latest upgrade to version 4.0 in November 2024 allows for comprehensive automation of foreign trade workflows, enhancing productivity and learning capabilities [3]. Group 2: Organizational Changes and New Initiatives - The establishment of an independent AI division in July 2024 aims to integrate the latest AI technologies with traditional foreign trade practices [4]. - New products like Sourcing AI and Mentarc have been introduced to assist global buyers and cross-border e-commerce businesses, addressing various operational challenges [4]. Group 3: Market Impact and Strategic Responses - The potential imposition of tariffs by certain countries is viewed as manageable, as the global buyer traffic on the Made-in-China.com platform remains stable despite localized impacts [4][5]. - The company’s AI products are positioned to help businesses cope with increased costs and profit pressures due to tariffs, thereby maintaining operational efficiency and fostering partnerships [4]. Group 4: Future Business Model Considerations - The company is exploring the possibility of transitioning from a subscription-based model to a commission-based model tied to transaction volumes, enhancing monetization opportunities [5]. - Current monetization strategies focus on providing value through improved customer engagement and operational efficiency, with ongoing exploration of AI's role in enhancing business outcomes [5].