Shulou(Shulou.com)11/24 Report--

In the evening of August 23, Chuanyin Holdings announced the semi-annual report of 2022. The company realized operating income of 23.109 billion yuan, with a year-on-year growth of 1.12%; the net profit attributable to shareholders of listed companies was 1.654 billion yuan, down 4.53% year-on-year; the net profit attributable to shareholders of listed companies excluding non-recurring profits and losses was 1.436 billion yuan, down 7.33% year-on-year; Basic earnings per share $2.06.

Chuanyin Holdings said that in the first half of the year, due to the adverse impact of the external environment, the overall sales volume of the company's smart phones in Africa and South Asia markets declined to a certain extent, but the company's market share of smart phones in Africa and South Asia markets remained at a relatively good level. According to IDC data statistics, the company's share in the global mobile phone market in the first half of 2022 was 11.4%, ranking third among global mobile phone brand manufacturers. Among them, the share of smart phones in the global smart phone market is 6.1%, ranking sixth.

In Africa, the company ranks first with a market share of more than 40%. In the South Asian market, Pakistan's smartphone market share is 36.8%, ranking first; Bangladesh's smartphone market share is 19.7%, ranking first; India's smartphone market share is 6.9%, ranking sixth.

On the basis of healthy operation, the Company continued to explore and optimize development models suitable for new markets, the target strategies of key countries became clearer, and differentiated products more in line with target markets were developed.

It is reported that Chuanyin Holdings and Netease, Tencent and many other leading domestic Internet companies, in music, news aggregation and other application fields for strategic cooperation, actively develop and incubate mobile Internet products. The Company will gradually build a good ecosystem for balanced and coordinated development of intelligent terminals and mobile Internet services, explore multi-mode business growth paths, and carry out multi-dimensional and three-dimensional business development.

At present, the company has a professional after-sales service brand Carlcare, service categories have covered its own brand of mobile phone products and household appliances products, and gradually expand to non-own brands and other categories. Carlcare is committed to providing local one-stop services for the global market and has established more than 2,000 service outlets worldwide (including third-party partner outlets). Carlcare has a management team and technical team composed of many industry experts, covering Africa, South Asia, Middle East, Southeast Asia and South America, providing professional and efficient after-sales service for global users. The professional after-sales service system provides a strong guarantee for the company to consolidate and enhance its sales share in emerging markets, further enhancing the product stickiness with end users.

According to Chuanyin Holdings, the company has established multi-level brands and product sequences that can meet the needs of consumers of different classes for different segments of consumers, accumulating a good user base. The multi-brand strategy covers different consumer groups in Africa and creates a strong competitive barrier for single brands entering Africa. The company has established TECNO, itel and Infinix mobile phone brands, digital accessories brand oraimo, after-sales service brand Carlcare and household appliance brand Syinix, etc., and independently developed intelligent terminal operating systems and independent application software platforms such as HiOS, itelOS and XOS. Based on localized innovation and product positioning focused on user experience, the company's brand has high user loyalty, which is the company's unique competitive advantage.

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