Financial Performance - The company's net profit for the first half of 2022 was -43.24 million CNY, with a net profit attributable to shareholders of -47.41 million CNY after deducting non-recurring gains and losses[4]. - Revenue for the first half of 2022 was 27.85 million CNY, indicating a downward trend in performance compared to previous periods[4]. - The gross profit margin decreased from 46.79% in the first half of 2021 to 33.75% in the first half of 2022, reflecting increased competition and lower bidding prices for military products[7]. - The company's operating revenue for the first half of 2022 was ¥27,845,427.09, a decrease of 81.95% compared to ¥154,231,816.80 in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2022 was -¥43,244,717.68, a decline of 239.03% from a profit of ¥31,103,568.15 in the previous year[23]. - The net cash flow from operating activities was -¥54,638,214.87, a significant decrease of 874.38% compared to ¥7,055,698.19 in the same period last year[23]. - The company's total assets decreased by 3.61% to ¥766,566,384.98 from ¥795,255,000.45 at the end of the previous year[23]. - The net assets attributable to shareholders decreased by 7.50% to ¥627,719,381.94 from ¥678,640,099.62 at the end of the previous year[23]. - The basic earnings per share for the first half of 2022 was -¥0.57, a decrease of 204.28% compared to ¥0.55 in the same period last year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥47,405,211.45, a decline of 253.04% from ¥30,974,731.12 in the previous year[23]. - The company's gross profit margin for the main business decreased from 46.79% in the first half of 2021 to 33.75% in the first half of 2022[124]. - The company reported a significant decline in revenue from non-refrigerated core products due to project delays and customer procurement issues[125]. Market and Order Backlog - As of August 2022, the company had an order backlog of 26.16 million CNY and an additional 123.44 million CNY in contracts that had been won but not yet signed[4]. - The company has ongoing projects that have been partially delivered but have not yet recognized revenue due to pending acceptance confirmations[117]. - The total amount of projects that have been awarded but not yet signed contracts reached ¥123,437,458.00 as of August 2022, with a low risk of contract signing issues[120]. - The company has multiple contracts in various stages of negotiation, indicating a robust pipeline for future revenue generation[119]. Risks and Challenges - The company faces risks related to customer attrition due to fluctuations in military orders and the impact of COVID-19 on business operations[5]. - If the company continues to incur losses and revenue falls below 100 million CNY, it may face delisting risk under the Shanghai Stock Exchange regulations[6]. - The company anticipates a downward trend in overall performance for 2022 due to rising expenses and declining gross margins from military product contracts[106]. - The company is facing risks related to talent shortages and potential loss of key clients, which could impact future operational performance[112]. - The company has identified risks related to order delays and potential customer loss if the pandemic situation worsens[112]. - The company is subject to risks from U.S. trade sanctions, which could affect the supply of critical components[127]. Research and Development - The R&D expenditure accounted for 102.20% of operating revenue, an increase of 89.93 percentage points from 12.27% in the previous year[24]. - The company's R&D investment totaled ¥28,459,087.58, representing a 50.44% increase compared to ¥18,917,274.81 in the same period last year[67]. - The company has developed several core technologies in the infrared thermal imaging field, achieving advanced or near-international levels in key product indicators such as handheld thermal imagers and gas detection thermal imagers[35]. - The company has established a complete R&D system from core component design to comprehensive optoelectronic system development, continuously enhancing its core competitiveness in infrared thermal imaging technology[58]. - The company holds a total of 65 valid patents, including 17 invention patents and 31 utility model patents, with 7 new domestic patent applications during the reporting period[64]. Product Development and Innovation - The company is actively expanding its business and participating in various bidding projects, particularly in the civilian sector[5]. - The company is focused on expanding its market presence through continuous innovation in product development and strategic partnerships in both military and civilian sectors[59]. - The company is developing a high-performance non-cooling infrared core, which is currently in the prototype stage, with a focus on compact design and high image quality[79]. - The company has launched a new handheld temperature measurement device with a production capacity of 210,000.00, which is positioned as a leading product in the domestic market[81]. - The company is working on a compact non-cooling infrared core that is lightweight and cost-effective, currently in the scheme phase[79]. Environmental and Compliance - The company actively implements environmental protection measures, including the use of energy-efficient equipment to reduce carbon emissions[149]. - Wastewater generated is treated and complies with Beijing's water pollution discharge standards[150]. - Solid waste is categorized and managed according to local regulations, ensuring compliance with environmental laws[150]. - The company has established a comprehensive environmental management system to ensure continuous improvement in environmental performance[149]. Management and Governance - The company has appointed new management personnel to ensure compliance and operational efficiency following recent changes in the board[145]. - The company appointed six new vice presidents on May 11, 2022, to enhance its management team[146]. - The company has a stable core management team, with most members having served since its inception, providing a solid foundation for sustainable development[96]. - The controlling shareholder and actual controller Huang Fuyuan has pledged not to interfere in the company's management activities or infringe on company interests[167].

Financial Performance - The company reported a net loss of CNY 43.24 million for the reporting period, with a net profit attributable to shareholders of CNY -47.41 million, marking a decline of CNY 78.38 million year-over-year [4]. - Revenue for the reporting period was CNY 27.85 million, a decrease of CNY 126.39 million, representing a decline of 81.95% compared to the same period last year [4]. - The cumulative undistributed profits as of June 30, 2022, amounted to CNY 63.25 million, indicating that the company has not yet achieved profitability during the reporting period [4]. - The net profit attributable to shareholders for the reporting period was -¥43,244,717.68, representing a decline of 239.03% from ¥31,103,568.15 in the previous year [20]. - The basic earnings per share for the first half of 2022 was -¥0.57, down 204.28% from ¥0.55 in the same period last year [20]. - The net cash flow from operating activities decreased by 874.38%, amounting to -¥54,638,214.87 compared to ¥7,055,698.19 in the previous year [20]. - The company's net assets attributable to shareholders decreased by 7.50%, from ¥678,640,099.62 at the end of the previous year to ¥627,719,381.94 [20]. - The gross profit margin for the main business decreased from 46.79% in the first half of 2021 to 33.75% in the first half of 2022 [110]. - The company reported a significant increase in financial expenses, with a change of -203.66% due to increased interest income from normal bank deposits [119]. Market Challenges - The company faces risks related to ongoing losses and performance declines, influenced by macroeconomic factors, industry competition, and the impact of the COVID-19 pandemic [5]. - Military product revenue decreased by 86.77% year-on-year, primarily due to a significant reduction in orders for non-refrigerated cores and thermal imaging devices [22]. - Civilian product revenue also saw a decline of 77.20%, largely due to order delays caused by the pandemic affecting target customers [22]. - The company’s military product revenue showed a downward trend due to the pandemic, with total military business income for the first half of 2022 at CNY 10.12 million, down from CNY 76.49 million in the same period of 2021 [106]. - The company’s civilian product revenue for the first half of 2022 was CNY 17.72 million, a significant drop from CNY 77.74 million in the previous year, indicating challenges in market expansion [108]. - The company is facing risks related to the reliance on external procurement for core components, which could increase costs by approximately 20-35% compared to self-sourced components [108]. - The ongoing COVID-19 pandemic has negatively affected the company's production and business operations due to strict control measures [114]. Research and Development - The company is committed to continuous investment in product research and development, market promotion, and sales to mitigate potential losses and achieve revenue growth [5]. - Research and development expenses accounted for 102.20% of operating revenue, an increase of 89.93 percentage points compared to 12.27% in the previous year [21]. - The company achieved a total R&D investment of ¥28,459,087.58, representing a 50.44% increase compared to ¥18,917,274.81 in the same period last year [64]. - The number of R&D personnel increased to 140, representing 44.30% of the total workforce, up from 41.09% in the previous year [89]. - The total compensation for R&D personnel was 1,557.93 million RMB, with an average salary of 14.16 million RMB per person [89]. - The company has developed advanced core technologies, including multi-point temperature mapping and low-power large-area sensor driving technology, which significantly enhance infrared product performance [56]. - The company has developed advanced infrared imaging technology that automates parts of the production process, improving efficiency and product quality [59]. - The company is focusing on integrated innovation in product development, enhancing its core competitiveness through advanced technology and design capabilities [87]. Product Development and Technology - The company has developed multiple core technologies in the infrared thermal imaging sector, achieving performance levels that are domestically advanced or close to international standards [32]. - The company has successfully integrated various technologies, including detector drive control and optical gas imaging, enhancing its product offerings in both military and civilian sectors [32]. - The core component of the company's products is the detector, which converts optical signals into electrical signals, significantly impacting system performance [46]. - The lens focuses infrared radiation onto the detector's focal plane, fundamentally affecting the intensity of radiation received and image clarity, thus being a critical component of the infrared thermal imaging products [46]. - The thermal imaging system includes complex functionalities such as multi-spectral imaging and temperature measurement, indicating a high level of product sophistication [39]. - The company has developed advanced infrared lenses and control circuits, which are essential for achieving the desired imaging quality and operational reliability under various environmental conditions [45]. - The company is focusing on infrared thermal imaging products and overall solutions, emphasizing customized design and continuous tracking to meet diverse customer needs [49]. - The company is advancing towards the integration of AI technologies in its product offerings, enhancing capabilities in target identification and classification [70]. Financial Management and Investments - The company has committed to a total investment of 500 million RMB for its projects, with an adjusted total investment of 369.84 million RMB [185]. - The company has reported a total of 428.64 million RMB in raised funds, with a net amount of 369.84 million RMB after deducting issuance costs [185]. - The company has utilized 5 million RMB of idle raised funds to temporarily supplement working capital [191]. - The company plans to use up to 300 million RMB of idle raised funds for cash management, focusing on safe and liquid investment products [193]. - The company has a project for optical research and development with a total investment of approximately 267.81 million RMB, with a progress rate of 26.39% as of the reporting period [186]. - The company has a project for industrial testing product research and development with a total investment of approximately 97.64 million RMB, with a progress rate of 8.42% [186]. - The company has a project for the construction of a research and development center with a total investment of approximately 79.00 million RMB, with a progress rate of 7.45% [186]. Corporate Governance and Compliance - The company has established a complete quality management system in accordance with ISO9001 standards, covering the entire product lifecycle from R&D to after-sales [95]. - The company has a stable core management team, with most members having served since the company's inception, providing a solid foundation for sustainable development [93]. - The company is focused on enhancing internal management and governance structures to improve operational efficiency and mitigate business risks [100]. - The company has committed to ensuring that the prospectus for its initial public offering (IPO) does not contain any false records, misleading statements, or significant omissions, and will bear legal responsibility for its accuracy and completeness [157]. - The company will ensure compliance with regulations regarding share reduction and will announce any planned reductions three trading days in advance [149]. - The company has confirmed that there are no major litigation or arbitration matters during the reporting period [179]. - The company has disclosed that there are no significant non-operating fund occupations by controlling shareholders and related parties during the reporting period [178]. Environmental Responsibility - The company actively implements environmental protection measures, including the use of energy-efficient equipment to reduce carbon emissions [140]. - The company adheres to environmental regulations, ensuring that wastewater and solid waste management meet legal standards [139]. - The company has established a comprehensive environmental management system to support its commitment to sustainability [137]. - The company emphasizes green manufacturing and operational practices to minimize environmental impact [139].

Financial Performance - The company achieved a net profit attributable to ordinary shareholders of RMB 76,443,601.71 for the year 2021, with a total distributable profit of RMB 114,934,322.84 as of December 31, 2021[6]. - The proposed cash dividend distribution is RMB 1.01 per 10 shares (including tax), amounting to a total of RMB 7,676,000, which represents 10.04% of the net profit attributable to shareholders for the year[6]. - The company's operating revenue for 2021 was CNY 317.93 million, a decrease of 2.87% compared to CNY 327.32 million in 2020[21]. - The net profit attributable to shareholders of the listed company was CNY 66.01 million, down 22.32% from CNY 84.97 million in the previous year[21]. - The net cash flow from operating activities decreased by 283.57%, resulting in a negative cash flow of CNY 86.24 million, primarily due to slower sales collection and increased cash payments to employees[23]. - The company's total assets increased by 110.76% year-on-year, mainly due to net fundraising of CNY 369.84 million from the initial public offering[23]. - The basic earnings per share decreased by 20.63% to CNY 1.27 from CNY 1.60 in 2020[23]. - The net assets attributable to shareholders of the listed company grew by 192.07% to CNY 678.64 million, primarily due to the increase in capital reserves from the IPO[23]. - The weighted average return on net assets decreased by 39.43 percentage points to 23.01% from 62.44% in the previous year[23]. - The company reported quarterly revenues of CNY 59.03 million, CNY 95.20 million, CNY 69.38 million, and CNY 94.32 million for Q1 to Q4 respectively[26]. Research and Development - Research and development expenses accounted for 12.09% of operating revenue, an increase of 1.97 percentage points compared to 10.12% in 2020[23]. - R&D investment totaled 38.44 million yuan, representing a year-on-year increase of 16.06% and accounting for 12.09% of revenue[33]. - The company has a total of 281 employees, with 114 in R&D, making up approximately 40.57% of the workforce[34]. - The company holds 63 valid patents, including 17 invention patents, 30 utility model patents, and 16 design patents[34]. - The company has developed advanced technologies in infrared thermal imaging, enhancing production efficiency and product quality through automation[80]. - The company has implemented automated testing technologies for infrared lenses, improving production efficiency and reliability[80]. - The company has developed advanced core technologies, including image compensation technology and low-power large-area sensor driving technology, which enhance infrared product stability and reduce overall power consumption[77]. - The company achieved a total R&D investment of ¥38,442,411.38 in 2021, representing a 16.06% increase from ¥33,121,810.75 in the previous year[85]. - The number of R&D personnel increased to 114, making up 40.57% of the total workforce, up from 90 in the previous year[107]. Market and Product Development - The company plans to continue expanding its market presence and investing in new product development to drive future growth[23]. - The company specializes in the research, production, and sales of infrared thermal imaging products and systems, expanding into solid-state micro-light, short-wave, ultraviolet, and visible light technologies[36]. - The company is focusing on expanding its civilian product market, particularly in high-value thermal imaging and optoelectronic systems[120]. - The company is committed to expanding its presence in both military and civilian markets, focusing on technology R&D and market development[173]. - The company is focusing on enhancing its product offerings in both cooling and non-cooling categories, with a notable shift in revenue distribution observed in the thermal imaging segment[132]. Governance and Compliance - The company has not disclosed any special arrangements for corporate governance[8]. - The company has received a standard unqualified audit report from Rongcheng Accounting Firm[5]. - The company has established a system for managing insider information, ensuring confidentiality prior to disclosures[179]. - The company strictly adhered to information disclosure obligations, ensuring timely and accurate announcements throughout the reporting period[179]. - The company has no significant issues regarding independence from its controlling shareholder, ensuring autonomous operational capacity[180]. Risks and Challenges - The company has detailed various risks and countermeasures in its report, which investors are advised to review[4]. - The company faces risks related to market competition, particularly due to its relatively short development history compared to industry leaders[116]. - The company faces risks related to U.S. trade restrictions and the ongoing impact of the COVID-19 pandemic on its operations[124]. - The company is addressing governance risks as it scales, emphasizing the need for enhanced management capabilities to adapt to rapid business growth[118]. Financial Management - The company has implemented a comprehensive quality management system in accordance with ISO9001 standards, ensuring strict quality control throughout the product lifecycle[112]. - The company reported a gross profit margin improved from 49.20% in 2020 to 52.69% in 2021[121]. - The company experienced a net cash outflow from operating activities of CNY 86.24 million, a decline of 283.57% compared to the previous year[128]. - The company’s inventory value increased from CNY 157.03 million at the end of 2020 to CNY 166.09 million at the end of 2021[121]. - The company reported a total revenue of 13,850,000.00 for the ground surveillance optical system, with a completion rate of 98.5% compared to the previous period[96]. Strategic Initiatives - The company plans to use part of the idle raised funds to temporarily supplement working capital, as approved on December 20, 2021[199]. - The company is in the process of revising its articles of association and related governance rules[199]. - The company aims to enhance its R&D capabilities and expand its business scale through strategic investments and partnerships[170]. - The company intends to strengthen cooperation with upstream and downstream partners in the industry chain to reduce costs and enhance efficiency[172].

Financial Performance - The company's operating revenue for Q1 2022 was ¥14,898,298.41, representing a decrease of 74.76% compared to the same period last year[5] - The net profit attributable to shareholders was -¥16,701,589.96, a decline of 349.33% year-over-year[5] - The net profit attributable to shareholders excluding non-recurring gains and losses was -¥19,326,389.96, down 391.23% from the previous year[5] - Basic earnings per share were -¥0.22, reflecting a decrease of 283.13% compared to the same period last year[6] - Total operating revenue for Q1 2022 was CNY 14,898,298.41, a decrease of 74.8% compared to CNY 59,033,439.50 in Q1 2021[18] - Net profit for Q1 2022 was a loss of CNY 16,701,589.96, compared to a profit of CNY 6,698,588.23 in Q1 2021[19] - The total comprehensive income attributable to the parent company was -16,701,589.96 CNY, compared to 6,698,588.23 CNY in the same period last year[20] - Basic and diluted earnings per share were both -0.22 CNY, down from 0.12 CNY in the previous year[20] Research and Development - R&D investment totaled ¥9,539,480.27, accounting for 64.03% of operating revenue, an increase of 48.45 percentage points year-over-year[6] - Research and development expenses for Q1 2022 were CNY 9,539,480.27, compared to CNY 9,199,388.85 in Q1 2021, indicating a year-over-year increase of 3.7%[19] Cash Flow and Liquidity - Cash flow from operating activities was -¥29,936,972.15, a decline of 4.16% compared to the previous year[5] - Cash inflow from operating activities was 27,572,905.08 CNY, a decrease of 66.8% from 82,867,339.82 CNY in Q1 2021[21] - Cash outflow from operating activities totaled 57,509,877.23 CNY, down from 114,104,263.69 CNY in the same quarter last year[21] - Net cash flow from operating activities was -29,936,972.15 CNY, slightly improved from -31,236,923.87 CNY in Q1 2021[21] - Cash flow from investing activities was -1,435,148.64 CNY, compared to -1,643,424.67 CNY in the previous year[21] - Cash flow from financing activities showed a net increase of 7,517,575.64 CNY, a significant improvement from -17,721,542.03 CNY in Q1 2021[21] - The ending cash and cash equivalents balance was 350,399,220.93 CNY, compared to 60,556,539.88 CNY at the end of Q1 2021[21] - The company reported a cash inflow of 10,000,000.00 CNY from borrowings during the quarter[21] - The company’s cash outflow for employee compensation was 27,107,302.68 CNY, an increase from 23,443,787.51 CNY in the same period last year[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥772,836,816.17, down 2.82% from the end of the previous year[6] - The company's total assets decreased to CNY 772,836,816.17 in Q1 2022 from CNY 795,255,000.45 in Q1 2021[17] - Total liabilities decreased to CNY 110,898,306.51 in Q1 2022 from CNY 116,614,900.83 in Q1 2021[17] - The company's fixed assets increased slightly to CNY 8,841,723.03 in Q1 2022 from CNY 8,820,645.06 in Q1 2021[17] - The total current assets as of March 31, 2022, are ¥728,806,771.36, down from ¥749,931,327.67 at the end of 2021[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 4,597[10] - The largest shareholder, Ningbo Ruijifu Technology Center, holds 14,672,272 shares, accounting for 19.31% of total shares[10] - The top ten shareholders include several individuals and investment partnerships, indicating a concentrated ownership structure[10] Future Plans and Investments - The company plans to invest in Northern Guangwei Technology Co., Ltd., acquiring a 10% stake, pending further negotiations and audits[13] - The transaction value for the investment in Northern Guangwei is yet to be determined, with a commitment to eliminate existing share pledges before finalizing the deal[14] - The company plans to focus on cost control and efficiency improvements in response to the significant decline in revenue[18] Other Information - The company has not disclosed any significant new product developments or market expansions in this reporting period[12]

Financial Performance - The company achieved a net profit attributable to ordinary shareholders of RMB 76,443,601.71 for the year 2021, with a proposed cash dividend of RMB 1.01 per 10 shares, totaling RMB 7,676,000[6]. - The cash dividend represents 10.04% of the net profit attributable to shareholders for the year 2021[6]. - As of December 31, 2021, the company's distributable profits amounted to RMB 114,934,322.84[6]. - The company has not yet achieved profitability since its listing[4]. - The company's operating revenue for 2021 was CNY 317.93 million, a decrease of 2.87% compared to CNY 327.32 million in 2020[21]. - The net profit attributable to shareholders for 2021 was CNY 66.01 million, down 22.32% from CNY 84.97 million in 2020[21]. - The net cash flow from operating activities decreased by 283.57% to CNY -86.24 million, primarily due to slower sales collection and increased cash payments to employees[23]. - The company's total assets increased by 110.76% year-on-year, mainly due to net fundraising of CNY 369.84 million from the initial public offering[23]. - The basic earnings per share for 2021 was CNY 1.27, a decline of 20.63% from CNY 1.60 in 2020[23]. - The net assets attributable to shareholders increased by 192.07% to CNY 678.64 million at the end of 2021, primarily due to the capital reserve increase from the IPO[23]. - The weighted average return on equity decreased by 39.43 percentage points to 23.01% in 2021[23]. Research and Development - The R&D expenditure as a percentage of operating revenue increased to 12.09% in 2021, up from 10.12% in 2020[23]. - The company has a total of 281 employees, with 114 in R&D, accounting for approximately 40.57%[34]. - The company holds 63 valid patents, including 17 invention patents, 30 utility model patents, and 16 design patents[34]. - The company achieved a total R&D investment of ¥38,442,411.38 in 2021, representing a 16.06% increase from ¥33,121,810.75 in the previous year[85]. - R&D investment accounted for 12.09% of the company's operating revenue, up from 10.12% in the previous year, indicating a 1.97% increase[85]. - The company has developed advanced technologies in infrared thermal imaging, including automated testing and calibration techniques, improving production efficiency and product quality[80]. - The company has implemented automated processes in the production of infrared products, enhancing production efficiency and consistency[80]. - The company has developed advanced system solutions by integrating various technologies such as optics, mechanics, electronics, software, algorithms, and circuits for different types of detectors[109]. Market Strategy and Expansion - The company plans to continue expanding its market presence and investing in new technologies and products[23]. - The company plans to expand its market presence in military and civilian products across various sectors, including industrial temperature measurement and environmental protection[33]. - The company is actively pursuing market expansion through the development of new technologies and products tailored for various sectors, including security and industrial applications[5]. - The company aims to enhance its R&D capabilities and expand its business scale through strategic investments and partnerships[159]. - The future development strategy includes expanding product lines into solid-state micro-light, short-wave, ultraviolet, and visible light technologies[160]. - The company targets the military product market by aligning with the new developments in the 14th Five-Year Plan and fostering partnerships with major military groups[161]. - In the civilian product market, the company will focus on existing business chains and enhance technical R&D and market expansion efforts[162]. Governance and Compliance - The company held a total of 5 shareholder meetings in 2021, including 1 annual and 4 extraordinary meetings, all convened by the board of directors[171]. - The board of directors convened 12 meetings during the reporting period, consisting of 9 members, including 3 independent directors, complying with legal and regulatory requirements[166]. - The supervisory board held 7 meetings in 2021, with 3 supervisors, ensuring compliance with legal and regulatory standards[167]. - The company strictly adhered to information disclosure obligations, ensuring timely and accurate announcements throughout the reporting period[168]. - The company established a robust internal control system to enhance risk prevention capabilities and operational standards[168]. - There were no instances of the controlling shareholder interfering with company decisions or operations, maintaining independence[169]. - The company did not provide guarantees or financial assistance to the controlling shareholder or related parties, safeguarding shareholder interests[169]. - The board of directors focused on improving management capabilities and ensuring the scientific nature of investment decisions through various committees[167]. Financial Management - The company reported a significant increase in revenue from new customers in the North China, Northeast, Central China, South China, and Northwest regions[130]. - The company plans to continue expanding its product offerings and customer base to enhance revenue streams in the future[130]. - The gross profit margin for the main business increased from 49.20% in 2020 to 52.69% in 2021[124]. - The gross profit margin for infrared thermal imaging products was 52.69%, an increase of 3.49 percentage points from the previous year[128]. - The company faces risks related to accounts receivable and inventory management due to increased competition and market fluctuations[119]. - The company's total revenue for the year was 308,924,915.37, with a year-over-year decrease of 5.35% in direct sales revenue[131]. - The total cost of raw materials was 130,132,782.38, accounting for 89.04% of total costs, which decreased by 15.71% compared to the previous year[134]. Product Development and Innovation - The company has successfully developed a lightweight near-range non-cooled electro-optical system, achieving a domestic advanced level in performance[13]. - The company is developing a high-performance infrared and visible light fusion driving assistance system, which has shown promising results in adverse conditions[9]. - The company has achieved a significant milestone in the development of a ground monitoring system, with a focus on near-range security applications[100]. - The company has successfully created a non-cooled fusion core that can connect to various sensors, meeting complex scene requirements[102]. - The company has developed a multi-point temperature imaging compensation technology to correct non-uniformity in infrared detectors, enhancing image stability[77]. - The company has developed advanced technologies for high-performance rotating platforms and intelligent alarm systems within its optoelectronic products[47]. Employee Management and Development - The company has implemented a performance incentive system to attract and retain core talent, including project incentives and year-end performance bonuses[196]. - The company emphasizes employee training, combining online and offline methods to improve overall employee capabilities[197]. - The company has a diverse educational background among its employees, with 1 PhD, 38 master's degrees, and 146 bachelor's degrees[195]. - The average age of the directors and supervisors is approximately 50 years[175]. - The company has a total of 10 directors and supervisors listed, with no new appointments or departures during the reporting period[175]. Risk Management - The company has detailed various risks and countermeasures in its report, which investors should pay attention to[4]. - The company faces risks related to market competition, particularly due to its relatively short development history compared to industry leaders[116]. - The reliance on external procurement for core components like detectors may increase production costs by approximately 20-35% compared to self-sourcing[117]. - The company emphasizes the importance of maintaining its core technology and talent to avoid risks associated with technology leakage and personnel turnover[115].