Group 1: ZTE Information - ZTE Information has approximately 7,000 active users for SnapDevelop and plans to release a paid commercial version in the future [1] - EazyDevelop, which focuses on rapid development using AI technology, will support MCP calls and is set to launch a free trial version [1] - Baidao Software has made breakthroughs in RISC-V firmware and is collaborating with major companies like Huawei and Lenovo [1] Group 2: Boji Pharmaceutical - Boji Pharmaceutical's new orders for 2024 are projected to be 1.515 billion yuan, a year-on-year increase of 30.07% [2] - The company aims for a revenue target of 682 million yuan for 2025, with a focus on clinical business and technology transfer services [2] - The company is exploring AI applications in clinical trial processes and has seen a 20% growth in traditional Chinese medicine CRO orders [2] Group 3: Kehua Data - Kehua Data's revenue for 2024 is expected to be 7.757 billion yuan, a decrease of 4.71% year-on-year, with a net profit of 315 million yuan [3] - The intelligent computing center business has seen a revenue increase of 14.07%, while the new energy business revenue has decreased by 15.98% [3] - The company plans to enhance its intelligent computing center business and has completed a convertible bond project for future funding [3] Group 4: Tongyu Communication - Tongyu Communication's growth in the first quarter is attributed to increased overseas revenue and contributions from satellite communication [4] - The company is focusing on R&D in satellite communication and 5G integrated antennas, achieving significant results [4] - Future plans include targeting high-end markets and leveraging overseas advantages to assist domestic satellite manufacturers [4]

Summary of Tongyu Communication Conference Call Company Overview - **Company**: Tongyu Communication - **Industry**: Satellite Communication and Telecommunications Key Financial Highlights - In 2024, Tongyu Communication's net profit attributable to shareholders decreased by approximately 49% to 41.39 million yuan, while the net profit after deducting non-recurring gains and losses was approximately -1.66 million yuan, showing a year-on-year increase of 91.59% [2][3][4] - The operating revenue for 2024 was approximately 1.194 billion yuan, a decline of about 7.71% year-on-year [3] - In Q1 2025, revenue increased by 6.08% to 250 million yuan, and net profit attributable to shareholders surged by 128% to 11.18 million yuan [2][4] Business Performance - The overseas business revenue grew by 20.27% to 430 million yuan, with overseas revenue accounting for a historical high of 53% in Q1 2025 [2][4] - The satellite communication business generated revenue of 42.8 million yuan in 2024, contributing significantly to growth [3][13] Strategic Developments - Tongyu Communication is actively expanding its satellite communication full industry chain, having delivered 12 ground terminal projects and expecting more deliveries in 2025 [2][6] - The company has invested nearly 90 million yuan in R&D in 2024, accounting for nearly 10% of total revenue, focusing on satellite communication technologies [2][9] Market Position and Competitive Advantage - The company is the only listed firm collaborating with the top three satellite launch operators in China, which is expected to enhance its market share significantly [3][10] - In traditional business, Tongyu has improved antenna efficiency to 90% and is focusing on high-end markets in Europe, North America, and Japan while developing low-cost products for Southeast Asia and Belt and Road countries [5][12] Future Outlook - The company aims to leverage innovation to drive growth, focusing on 5G and 6G core technology breakthroughs while maintaining traditional business stability [8][15] - Plans include expanding into overseas markets, particularly in Europe and South America, and enhancing its presence in the low-altitude economy [8][15] Product Development and Innovations - New satellite communication products are expected to have a gross margin of around 40%, with most products exceeding 30% [13][14] - The company is developing new products like Micro Wi-Fi and Mark Wi-Fi, targeting both B2B and C2C markets, with positive responses from various international operators [20][22] Challenges and Risks - The domestic market is under pressure due to reduced capital investment from major operators, leading to a decline in business [5][9] - The cash flow from operations remains negative, although it has improved significantly from the previous year, primarily due to the longer revenue recognition cycle in satellite business [18] Conclusion - Tongyu Communication is positioned for growth in the satellite communication sector, with a strong focus on R&D and international expansion, despite facing challenges in the domestic market and cash flow management [2][5][8][18]

Core Insights - The company, Tongyu Communication, has garnered significant attention from over 80 institutional investors during an online research session, highlighting its core competitiveness in the communication sector [1] - The company reported a revenue of 1.194 billion yuan with a gross profit margin increase of 6.73 percentage points to 22.21% compared to the previous year, indicating strong operational performance [1] - The company is focusing on satellite communication as a key investment area, with plans to enhance its core competitiveness in this field [2][3] Financial Performance - In 2024, the company's satellite communication products generated revenue of 42.8002 million yuan, marking the beginning of returns on prior investments [3] - The overseas revenue reached 436 million yuan in 2024, representing a year-on-year growth of 20.27%, accounting for 36.51% of total revenue [4] - The gross profit margin for overseas revenue was 25.52%, significantly higher than domestic revenue margins [4] Research and Development - The company allocated approximately 96.0361 million yuan for R&D in 2024, which is 8.04% of total revenue, indicating a strong commitment to innovation [4] - As of December 31, 2024, the company holds 766 effective patents in the RF communication field, including 37 international patents and 232 domestic invention patents, positioning it as a leader in the industry [4] Strategic Direction - The company aims to build a comprehensive and forward-looking development strategy focusing on market demand and industry trends, particularly in 5G-A and satellite communication [5] - The company is leveraging China's manufacturing efficiency and global resource integration to reshape the competitive landscape of the global communication industry [5]

Group 1: Company Overview and Financial Performance - The company reported a significant increase in overseas revenue, rising from 36% in 2024 to 53% in Q1 2025, driven by markets in the Middle East, Southeast Asia, and Russia [3] - The satellite communication business contributed to revenue growth, with approximately 12 ground stations delivered and new satellite antenna orders secured [3][4] - The company's traditional business maintained stability despite a 30-50% decline in peers' operator business, thanks to cost reduction and customized antenna solutions [3] Group 2: Research and Development Investments - In 2024, the company invested 8% of its revenue, amounting to approximately 96.03 million, in R&D, with plans to increase this investment in 2025 [4] - Key R&D focuses include satellite communication technologies, ground station antennas, and MACRO Wi-Fi systems to support integrated coverage [4] Group 3: Growth in Traditional and New Markets - The company is expanding its traditional business through new products like high-efficiency green antennas, achieving over 70% efficiency improvement, particularly in high-end markets like Europe and North America [5] - The company has delivered 2,000 integrated antennas for 5G applications, with plans for nearly 10,000 more, anticipating growth in low-altitude economic policies [5] Group 4: Satellite Communication Market Position - The company achieved a leading position in the civil satellite communication market, with 2024 revenue reaching 42.80 million from satellite communication services [6] - The company is involved in major satellite constellation projects and is well-positioned for future growth as national satellite internet initiatives accelerate [7] Group 5: Strategic Planning and Market Expansion - The company plans to enhance its presence in high-end markets and expand into regions like Europe, Canada, and the U.S., while also investing in South America and Southeast Asia [8] - The focus will be on balancing traditional communication business with new ventures in satellite and 6G technologies, leveraging overseas market advantages [8] Group 6: Product Launch and Market Strategy - The MACRO Wi-Fi product was launched at the Barcelona Global Communications Exhibition, targeting developing countries and satellite operators to address connectivity issues [9] - Initial interest in the product has expanded to include various international ISPs and operators, with bulk procurement expected to begin in Q3 2025 [10]

本报讯 （记者李春莲）4月26日，广东通宇通讯股份有限公司（证券简称：通宇通讯，股票代码： 002792）发布2024年年度报告及2025年第一季度报告。过去一年，通信行业面临诸多挑战与机遇，公司 凭借深厚的技术积累与敏锐的市场洞察力，持续优化内部管理、提升运营效率，推动业务稳健发展，成 功保持公司稳健发展。年报显示，公司2024年营业收入达到11.94亿元，销售毛利率较上年同期增长6.73 个百分点至22.21%，体现了公司在复杂市场环境中的良好发展态势，以及主营业务盈利能力的持续改 善；研发投入9603.61万元，占营业收入比例的8.04%，反映出公司对于技术创新的高度重视。 随着全球通信基础设施建设的推进以及公司对海外市场的精耕细作，通宇通讯2024年境外地区营收达到 4.36亿元，同比增长21.29%，占公司总体收入比例进一步提升至36.51%。在盈利方面，公司的境外收入 毛利率高达25.52%，显著高于境内收入毛利率。 作为通信领域的前沿赛道，通宇通讯早已前瞻布局卫星通信业务，全力抢占市场先机。加速布局卫星通 信业务，有望开辟新的业绩增长极。据了解，通宇通讯已成功打造出涵盖地面站终端、卫星通信载荷及 ...

Core Viewpoint - The company, Guangdong Tongyu Communication Co., Ltd., has released its 2024 annual report summary, highlighting its operational results, financial status, and future development plans. The report indicates a stable business performance and outlines the profit distribution plan for shareholders. Company Overview - Guangdong Tongyu Communication specializes in the research, production, and sales of communication antennas and RF devices, including base station antennas, RF devices, and microwave antennas. The company provides comprehensive solutions to mobile communication operators and equipment integrators, maintaining a strong market position in the mobile communication antenna sector [3][4]. Financial Highlights - The company achieved a net profit attributable to shareholders of approximately RMB 41.39 million for the year 2024. The profit distribution plan proposes a cash dividend of RMB 0.25 per share (including tax) based on a total share capital of 521,782,905 shares, amounting to a total distribution of approximately RMB 13.04 million [17][18]. Board Resolutions - The board of directors approved several key resolutions, including the annual financial report, profit distribution plan, and internal control self-evaluation report. All resolutions received unanimous support from the board members [7][11][19]. Shareholder Meeting - The company has scheduled its 2024 annual shareholder meeting for May 16, 2025, where various proposals will be presented for approval, including the profit distribution plan and the application for a bank credit facility of up to RMB 3.8 billion [41][43][23]. Business Operations - The company has not experienced significant changes in its business operations during the reporting period, indicating stability in its operational environment [6]. The company continues to focus on expanding its product lines, including new energy solutions and satellite communication products, which are gaining traction in the market [5].

Core Viewpoint - Tongyu Communication has demonstrated resilience and growth in the telecommunications industry, achieving significant revenue and profit increases despite market challenges [1][2]. Financial Performance - The company reported an annual revenue of 1.194 billion yuan, with a gross profit margin increase of 6.73 percentage points to 22.21% [1][2]. - In Q1 2025, Tongyu Communication achieved a revenue of 251 million yuan, a year-on-year growth of 6.08%, and a net profit of 11.182 million yuan, up 128.26% year-on-year [1][2]. Overseas Business Development - The overseas revenue reached 436 million yuan in 2024, marking a 21.29% increase and accounting for 36.51% of total revenue [2]. - The gross profit margin for overseas revenue was 25.52%, significantly higher than that of domestic revenue, attributed to successful expansion in markets such as Belt and Road countries and Southeast Asia [2]. Satellite Communication Strategy - Tongyu Communication has strategically invested in satellite communication since acquiring Xi'an Xinghengtong in 2017, establishing a comprehensive product system [3][4]. - The company has launched several initiatives, including the establishment of Chengdu Juji Millimeter Wave Technology Co., Ltd. and partnerships to enhance its capabilities in satellite communication [3][4]. R&D and Future Technologies - The company invested 96.036 million yuan in R&D, representing 8.04% of its revenue, highlighting its commitment to technological innovation [2]. - Tongyu Communication is actively involved in the development of 6G technology, with plans to start standard research in June 2025 [5][6]. Market Position and Competitive Advantage - The company has established strong partnerships with major domestic and international telecom operators, with its products used in over 70 countries [6]. - Tongyu Communication's early entry into 5G technology with the AFU product has solidified its leading position and provided a foundation for future advancements in 6G [6][7].

广东通宇通讯股份有限公司 证券代码：002792 证券简称：通宇通讯 公告编号：2025-016 2024 年募集资金年度存放与使用情况的专项报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 根据深圳证券交易所印发的《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》及《深圳证券交易所上市公司自律监管指南第 2 号——公告格式》的规定，广东通宇通讯股份有限公司（以下简称"公司"）董事 会编制了 2024 年募集资金年度存放与使用情况的专项报告，具体内容如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到位时间 经中国证券监督管理委员会《关于核准广东通宇通讯股份有限公司非公开发 行股票的批复》（证监许可[2021]2272 号）核准，公司采用非公开发行股票的方 式向特定投资者共计发行 64,216,766 股普通股股票，每股发行价为 12.64 元，募 集资金总额为人民币 811,699,922.24 元，根据有关规定扣除不含税发行费用 11,844,055.80元后，实际募集资金金额为799,855,866.44元。该募集资金已 ...

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 广东通宇通讯股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召开了 第五届董事会第二十三次会议，审议通过了《关于申请银行综合授信额度的议案》。 具体内容如下： 证券代码：002792 证券简称：通宇通讯 公告编号：2025-017 广东通宇通讯股份有限公司 关于申请银行综合授信额度的公告 二、备查文件 （一）《第五届董事会第二十三次会议决议》。 特此公告。 广东通宇通讯股份有限公司董事会 二〇二五年四月二十六日 一、本次申请银行综合授信额度的基本情况 根据生产经营需要，为确保公司有充足的流动资金，公司拟向银行申请不超过 38 亿元银行综合授信额度（包括但不限于授信、借款、银行承兑汇票、贸易融资、 保理、押汇、出口代付等）。为提高工作效率，保证融资业务办理手续的及时性， 董事会提请股东大会授权董事长或总经理在上述授信额度内确定授信银行及授信 额度的具体调整事项，代表公司办理授信、借款、抵押等相关手续，并签署相关法 律文件，无需再报董事会批准。 上述授信、授权事项的有效期为自公司 2024 年年度股 ...

广东通宇通讯股份有限公司 关于 2024 年度计提资产减值准备及核销资产的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 广东通宇通讯股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召开第五 届董事会第二十三次会议及第五届监事会第十八次会议，审议通过了《关于 2024 年度计提资产减值准备及核销资产的议案》，根据《深圳证券交易所股票上市规则》 的等相关规定，现将公司本次计提资产减值准备及核销资产的情况公告如下。 一、计提资产减值准备及核销资产的情况概述 （一）计提资产减值准备的情况 根据《企业会计准则》和《深圳证券交易所股票上市规则》及公司现行会计政 策的相关规定，为更加真实、准确地反映公司截止 2024 年 12 月 31 日的资产状况 和财务状况，公司及下属子公司基于谨慎性原则，对各类资产进行了全面清查和减 值测试 ，对部分可能发生减值损失的资产计提了减值准备，对符合财务核销确认 条件的资产经调查取证后，确认实际形成损失的资产予以核销，具体情况如下： 单位：万元 项目 年初金额 本年计提 转回 转销 其他 汇率变动 影响 期末金额 ...