Core Viewpoint - Shaanxi Huada held a targeted research activity on October 30, 2025, discussing strategic opportunities under the "14th Five-Year Plan," performance fluctuations in the third quarter, industry chain integration, and talent strategy with 11 participating institutions [1] Group 1: Strategic Development Paths - The company identified three development paths focusing on technological innovation and industrial collaboration, increasing R&D investment in optical modules, exploring new tracks in active and passive microwave industries, and deepening layouts in commercial aerospace, 6G, and data centers [1][2] Group 2: Key Projects and Domestic Substitution - Shaanxi Huada is involved in major national aerospace projects like StarNet and Qianfan Constellation, conducting research on miniaturization and high integration to meet the high reliability demands of commercial aerospace, aiming to expand the range of commercial satellite supporting products and enhance the value of individual satellites [2] Group 3: Third Quarter Profit Decline - The company reported that while third-quarter revenue achieved year-on-year and quarter-on-quarter growth, profits for the first three quarters were significantly impacted by impairment provisions and rising prices of raw materials like gold and copper, which pressured gross margins [3] Group 4: Talent Strategy - The company plans to optimize its talent development strategy by broadening recruitment channels and enhancing salary competitiveness, actively attracting high-level talent through school-enterprise cooperation, and establishing a long-term incentive mechanism to stimulate innovation and support high-quality development [4]
调研速递|陕西华达接待长安汇通等11家机构调研 详解“十五五”机遇布局航天/光模块新赛道