Some investors asked on the investor interaction platform: the tobacco industry is already a sunset industry. How can the company still unswervingly invest resources in the tobacco industry?
Chengdu Information Technology Of Chinese Academy Of Sciences Co.Ltd(300678) (300678. SZ) said on the investor interaction platform on January 13 that the informatization of the tobacco industry is a market worthy of long-term development. This market has large capacity and the competition pattern has not been solidified. In particular, the customer demand is highly sustainable and the ability to pay is very strong. Strengthening, expanding and deepening the informatization market of the tobacco industry is our firm strategic layout, It can also lay a good business foundation for the company to develop innovative strategic business. The company’s merger and acquisition of ruituo technology can realize the complementary advantages and strong combination of the two sides in technology, products and market region, and further refine and deepen the information market of the tobacco industry. In China, a large-scale market full of opportunities, we dare not make a self-evaluation on whether the tobacco industry is really what you call a “sunset industry”. But there is also a saying that the sunset is close to dusk, and the afterglow is still bright.
