20182 2018.5 iResearch I/ECTracker iClick TGI/TGI 3 2018.5 iResearch I/21-25 35/4 1 2 3 4 55 2018.5 iResearch I PMSM FOC MEMS 6 2018.5 iResearch I 2013-2020 7 2012 2013 2014 2015 2016 2017 2018 20207 2018.5 iResearch I 2025 2016 2016 2018 2025 8419 806 876 777 92.4%8.7%-11.3%2014 2015 2016 2017%2018.5 iResearch I 3D 2018.5 iResearch I GDP 700 2025 349,081 413,030 489,301 540,367 595,244 643,974 689,052 743,586 2.4%2.5%2.3%2.6%2.7%2.8%2.9%2.9%2009 2010 2011 2012 2013 2014 2015 2016 GDP%2014-2017 2009-2016 GDP GDP 9 2018.5 iResearch I 2004 2012 2016 10 2018.5 iResearch I1112345 12 2018.5 iResearch I 13 10 2018.5 iResearch I0.8 2.9 9.2 19.4 30.2 262.5%217.2%110.9%55.7%2015 2016 2017 2018e 2019e%20.0%80.0%2017 2018.5 iResearch I2015-2019 14 2019 80.1 0.4 1.8 4.3 8.5 423.6%388.1%132.0%98.1%2015 2016 2017 2018e 2019e%18.0%82.0%2018.5 iResearch I 2018.5 iResearch I2015-2019 2017 15 2017 ECT 58.9%24.2%13.2%8.1%2.1%1.0%0.8%0.6%0.5%0.2%2017 TOP1011.2%9.7%5.1%2.2%1.5%1.1%0.8%0.4%0.4%2017 TOP10 ECTracker2017 2018.5 iResearch I ECTracker2017 2018.5 iResearch I58.9%35.6%16 ECTracker2018 4 SKU 2018.5 iResearch I 4 1,700,076 1,288,267 972,334 406,360 4 1641 1433 193 678 4 1036 899 5038 599 APP APP 360 APP 1712345 18/24.2%37.2%ECT2018 iclick=1000=/S4/S5/30 S4 S5 S6 S6 2018.5 iResearch I19 95.9%17.4%16.5%21-25 3k-5k 2018 iclick.Base 242 C2 C3 C4 C5=5+4 70 TGI100 2018.5 iResearch ITGI=177.1TGI=107.3TGI=131.7 88.8%84.7%TGI=115.2TGI=103.9 84.7%84.3%TGI=103.4TGI=103.6 90.5%TGI=108.9 71.9%TGI=104.420 4 7 7 42%2018 2018 16.1%26.0%14.5%16.9%24.8%1.7%49.2%44.2%42.6%37.2%34.3%34.3%15.7%10.3%7.4%1.2%/QQ/2018 iclick Base 242 2018.5 iResearch I 2018 iclick Base 242 2018.5 iResearch I51.7%21 899.2%93.8%68.2%46.3%26.9%6.6%2.1%0.8%2018 2018 82.6%15.7%2018 iclick Base 242 2018.5 iResearch I 2018 iclick Base 172 2018.5 iResearch I 22 48.8%Top2 11.6%Top3 8.7%Top4 8.1%Top5 7.6%2018 2018 01 74.4%59.3%48.8%22.7%15.7%02030405 2018 iclick Base 172 7%2018.5 iResearch I 2018 iclick Base 172 7%2018.5 iResearch I23 4 34.3%2-4 48.3%12.4%5.0%2-4 1-2 1-2 2018 73.6%71.1%52.1%42.1%34.3%28.5%12.8%0.8%MV 2018 2018 iclick Base 242 2018.5 iResearch I 2018 iclick Base 242 2018.5 iResearch I24 2018 TOP32018 TOP3 86.4%50.8%47.9%TGI 109.7 102.1 134.3 79.3%95.7%10.3%2018 iclick Base 242 2018.5 iResearch I 2018 iclick Base 116 2018.5 iResearch I25 2018 iclick.Base 1162018.5 iResearch I APP TOP3 APP 81.9%79.3%58.6%TGI=121.3TGI=136.1TGI=100.1 TOP3 360 58.6%47.4%38.8%TGI=127.6TGI=77.3TGI=72.926:2018 iclick Base 242 2018.5 iResearch I 7 8 4 21-25 27TGI=100.6TGI=100.4 36.3%63.7%30.9%45.4%31-35 3k-8k 2018 iclick C2 C3 C4 C5=5+4 70 TGI100 Base 3722018.5 iResearch I 82.8%68.3%TGI=103.1TGI=108.0 84.7%81.7%83.6%TGI=102.0 82.5%TGI=101.0 TGI=133.4TGI=85.7TGI=114.1TGI=107.4 31-3528 2018 iclick Base 372 2018.5 iResearch I 2018 iclick Base 297 220 175 2018.5 iResearch I TOP379.8%59.1%47.0%TGI101.4 118.3 94.5 87.9%74.7%64.6%75.5%75.0%62.7%84.0%60.0%54.9%TOP3/29?67.7%52.7%57.7%49.1%47.4%38.3%37.7%37.1%28.0%21.1%2018 iclick Base 175 297 220 2018.5 iResearch I 89%55.9%53.9%51.2%47.5%46.5%40.9%40.5%21.4%89.0%2018 30:2018 iclick Base 372 2018.5 iResearch I/89%35/3112345 32 2018.5 iResearch I 33 2018.5 iResearch I Unified fonts make reading more fluent.Theme color makes PPT more convenient to change.Adjust the spacing to adapt to Chinese typesetting,use the reference line in PPT.2017 34 2018.5 iResearch I 2015 2018 2006 2014 2015 Z15 2014 2007 2009 2012 Z15 35 2018.5 iResearch I GoPro/RX0/2007 2013 3612345 37 1 3.53 2018.5 iResearch I 0.38 0.56 0.88 1.53 2.42 3.53 47.4%57.1%73.9%58.2%45.9%2013 2014 2015 2016 2017 2018e2013-2018%38 2/2018.5 iResearch I 39 3 APP 2018.5 iResearch I APP 40 4 2018.5 iResearch I CT B 41 Keep Learning 400-026-2099 42