Yunnan Baiyao Group Co.Ltd(000538)
Minutes of investor research meeting
Time: April 1, 2022
Location: group headquarters office building
Holding method: teleconference
Investors: noan Fund – Luo Chunlei, ou yangjuan Citic Securities Company Limited(600030) – Zhu Yizhang
Participants: securities affairs representative Zhao Yan, securities affairs representative Zhu Ruiying, investor relations management GUI Boxiang, project management Li Mengjue
Meeting content
1. How to position the company’s strategy?
A: in terms of strategic output, the company will do a good job in development and transformation around the “1 + 4 + 1” strategy. “1” in the first 1 + 4 + 1 strategy refers to the development of deep cultivation in the field of traditional Chinese medicine, making contributions to the traditional Chinese medicine industry with scientific methods, and realizing the take-off of a number of products. The second “4” includes the field of oral cavity, skin, bone injury and female care. We will make a comprehensive layout of the product matrix, focusing on drugs, including various forms of drugs, traditional Chinese medicine, innovative drugs, biological drugs, etc., as well as equipment and food. We will make the corresponding product layout from prevention to detection, treatment to rehabilitation. Do more scientific exploration around these four areas, and use the spirit of real science and scientific methods to drive the building of core competence. In the last “1” index technology, the company will introduce new technologies, including artificial intelligence, into all links of R & D and operation, so as to have a higher starting point for development.
2. What are the company’s plans and attempts in digitization?
A: in 2021, Yunnan Baiyao Group Co.Ltd(000538) is committed to building a digital driving force, focusing on customers, actively seeking digital transformation, bringing new value propositions to customers and improving customer experience; Driven by new digital technologies such as cloud computing, big data, artificial intelligence, 5g and the Internet of things, promote the innovation and development of enterprises; Change from function oriented process to customer-oriented process to promote enterprise management reform and organizational development; From the establishment of a unified “data base” and governance strategy, build a data-based and “fact based” intelligent decision-making system.
3. What is the latest operation of the company’s skin beauty products?
Answer: the beauty skin products group has developed the mask, daily skin care products, and private customized skin care products with the core of the brand. At the same time, caizhiji online app (application) was officially launched in 2021. Through the touch of app, it can output personalized customized skin problem solutions and care solutions, continuously strengthen brand penetration, focus on people with personalized demands for skin management, and let customers experience caizhiji’s “skin science level” AI (artificial Intelligence) skin detection, care and other private experience services. April 1, 2022
