SCREEN(SH:688053) Ge Long Hui·2025-11-14 09:21Core Viewpoint - ST Sike Rui (688053.SH) is making steady progress on its Hainan project, having established a subsidiary and obtained a business license as of September 2023, indicating positive developments in its operational capabilities [1] Company Progress - The company has signed the "Confirmation of Transaction for the Transfer of State-owned Construction Land Use Rights" with the Wenchang Natural Resources and Planning Bureau, which is a significant step in the project [1] - A testing center is expected to achieve preliminary testing capabilities by the end of 2026, aligning with the demand from downstream clients such as satellite super factories and rocket industrial parks [1] Industry Demand - There are signs of marginal improvement in demand within the military industry, suggesting a potential rebound in testing orders for the company [1] - The company has made some progress in market expansion, which may contribute to the recovery of its order book [1]