Dahua CEO Bemoans COVID Outbreak And "Unjust" US Sanctions

Published Jan 23, 2023 12:53 PM

Dahua CEO Fu Liquan bemoaned the impact of the COVID outbreak inside the PRC and what he described as "extremely unjust" US sanctions.

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However, he also expressed hope for a better 2023, after Dahua's 2022 was its worst financial performance in more than a decade plus bans against the company spread overseas (including Dahua being declared a "Chinese Military Company" by the US DoD, the US imposing semiconductor export controls on Dahua which lead to WD and Seagate to stop selling to Dahua as well as Ambarella to stop).

In this report, IPVM examines Dahua's CEO statements and the outlook for Dahua in 2023.

*** ****** ***** ********* *** *******:

****年有太多的不容易

***** *** *** **** ************ ** 2022

****** *** ***** ********* ******:

但我们终于熬过 ****年

*** ** ******* ******** ****

**** ** ***** ** ******* **** for * ******* **** ** ********** 2010s, ******** *** ****** ** *** $100 ******* ****** ******* ***** *** ending *** ****** ** ~$* *******, a ******* *** ********.

**** ** ***** **** ******* **** survival *** **** **** ** * challenge, ****** ** *** ******* *********, speaks *******.

** *** ****** *********, *****'* ***'* first ******** ********** * **** ********: COVID *** *** **:

我们遭遇不公正的美国极端制裁和国内疫情的

** **** ******** **** ****** ******* US ********* *** ******** *********

*****'* ** ********** ****** ******** ** 2022. ***** ***** *** ***** **** banned ** **** *** **** ********** in ****, **** ****, ** ******** increased **** (*)***** ***** ** * ******** ********* list, (*)******* *** **************, *** (*) *** *** ***** banning *** ************** ***** *** *********** ******* *** **** * ****** restrictive **** ********.

** *** ******** ****, *** ***** lockdowns ** ***-**** **** ******** ** COVID ******** ******* *** *** ** the *** ** **** *** ********** this *****. *****'* *** ******* ******** it:

国内遇到股份公司成立**年来最大困难和挑

*** ******* *** *********** *** ******* difficulties *** ********** ** *** **** 20 ***** ***** *** ************* ** the *****-***** *******

Positive *******

*****'* *** ******** *** ******** ************ with * ******** ******* *** ****:

以及永不言弃和对胜利的渴望,我坚信,您们能把失去的三年夺回来。

**** ***** ****** ** *** * desire ** ***, * **** ** doubt **** *** *** *** **** the ***** **** *****.

** **********, ******* ******* ** *** PRC:

我们对海外增长充满信心

** *** ********* ** ******** ******

****** *** ***** **** ******* ** examples ** ******* ***** ** ******* of ***** ******* ** *** ******** Union *** *********,***** ***** ***** ***** **** **** decreasing.

****** *** ***, *****'* *** ********** that, **** ********* ******, ************* **** grow:

​国内营销必须分秒必争,随着疫情防控全面放开,市场和机会爆发终将来临

​******** ********* **** **** ******* ****. With *** **** ************** ** ******** prevention *** *******, *** ****** *** opportunities **** ********** *******

More ******* ** ****

****** *** ***** **** ***** *** averaging **%+ ****** ******* ****** *****, Dahua's *** ********** **** ****** ********* to **** ** *** **** *********:

强化高质量发展,除收入外特别关注利润增长和现金流改善。

********** ****-******* ***********, *** *** ******* attention ** ****** ****** *** **** flow *********** ** ******** ** *******.

*******

**** ***** ******** ** **** *********** many **** *** **** * *****, it ** ********* ** ** ****** certain **** **** ****** **** ***** this ****. ** *** **** ****, the *** ********* ***** ****** * boom **** *** **** ***** *** PRC ********* *********. ** *** ******** side, ** ** *** *** *** trend ********* ***** ******* ********* ******* Dahua *** ***********.

** ** ****** *********** **** ***** has ******* * ***** ***** *** own *** ** ********* **** ****** and *********** ******** ** ** ** accomplishment. *** **** *** ***** **** show ** **** *** ****** * temporary ******* *** ***** ** *** beginning ** * ****-**** ****.

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