广电计量(002967)点评:设立西南检测基地&海外公司 检测出海与商业航天等新质检测有望带来新增量

Core Insights - The company has approved two investment proposals during its 26th meeting of the fifth board, including a $500,000 investment to establish a measurement and testing company in Vietnam and an investment of 800 million yuan to build a testing base in Chengdu, Southwest China [1][2] - The Chengdu testing base aims to enhance the company's measurement and testing capabilities in emerging fields, addressing long-term development issues in the Southwest region and aligning with the company's "14th Five-Year" strategic development plan [1] - The establishment of the Vietnam company is part of the company's international expansion strategy, providing services such as standard construction, calibration, product certification, and inspection for overseas clients [2] Investment Proposals - The company plans to invest $500,000 to set up a measurement and testing company in Vietnam, targeting Southeast Asian markets like Indonesia and Malaysia [2] - An investment of 800 million yuan is proposed for the construction of the Southwest (Chengdu) testing base, which will alleviate space constraints and enhance operational efficiency [1] Strategic Development - The company is focusing on internationalization, having already entered the Amazon toy category as a recognized institution and signed a strategic cooperation agreement with the Indonesian Electric Vehicle Industry Association [2] - The company is also involved in the commercial aerospace sector, providing a comprehensive service system covering the entire satellite and rocket chain, responding to the industry's demand for high-quality development [3] Financial Projections - Revenue forecasts for the company are projected at 3.646 billion yuan in 2025, 4.139 billion yuan in 2026, and 4.826 billion yuan in 2027, with net profits expected to be 433 million yuan, 507 million yuan, and 630 million yuan respectively [3]