证券日报网讯1月26日，星网宇达（002829）在互动平台回答投资者提问时表示，公司紧跟行业发展趋 势，持续加大研发投入，并成功研发出光纤、MEMS等系列化惯性导航和组合导航产品。这些产品不仅 在公司的无人整机系统中得到成功应用，还广泛应用于铁路检测、智能交通、机器人、无人采煤机、飞 行滑板等领域和场景，为客户提供了多样化的导航定位解决方案。 ...

Core Viewpoint - The company, Xingwang Yuda, is experiencing significant growth potential in the inertial navigation and integrated navigation market, driven by increasing market demand and continuous R&D investment [1] Group 1: Product Development and Applications - The company's main inertial navigation products are strapdown inertial navigation systems, which have been successfully applied in various fields such as railway inspection, intelligent transportation, robotics, unmanned coal mining machines, and flying skateboards [1] - The company has developed a series of inertial navigation and integrated navigation products, including fiber optic and MEMS technologies, which provide diverse navigation and positioning solutions for customers [1] Group 2: Upcoming Innovations - By the first half of 2025, the company plans to launch a new inertial measurement unit, a calibration robot, and a shipborne fiber optic compass, showcasing its strong technical foundation and innovative capabilities [1] - The new tactical-grade inertial measurement unit utilizes advanced array fusion technology and full temperature calibration and compensation techniques, effectively reducing product costs while maintaining the same level of accuracy, thus providing a significant cost competitive advantage [1] Group 3: Product Features and Benefits - The calibration robot achieves a high repeat positioning accuracy of ±0.02mm, ensuring high accuracy and repeatability in angle and posture data collection, which supports large-scale production and quality control of inertial devices [1] - The shipborne fiber optic compass employs advanced fiber optic gyro technology, offering rapid stability and good navigation accuracy, with real-time updates and a self-check function to ensure navigation safety [1] - Compared to traditional mechanical gyro compasses, the fiber optic compass has significant advantages in startup speed, heading accuracy, ease of maintenance, and real-time acquisition of ship posture information [1]

Group 1 - The core viewpoint of the article highlights that the company, Aerospace Science and Technology, has developed an accelerometer that is a primary product for inertial navigation systems, widely used in aerospace, aviation, shipping, and weaponry sectors [1] - The company has achieved nearly ten scientific progress awards at the ministerial level for its research outcomes and has obtained multiple patents [1]

Group 1 - The company plans to acquire 100% equity of Wuhan Shengyisheng Optoelectronics Technology Co., Ltd. through a combination of issuing shares and cash payment, with a total transaction price of RMB 158 million [9][10][11] - The acquisition is expected to enhance the company's capabilities in the fiber optic gyroscope and optical communication sectors, creating synergies and expanding its product offerings [14][17] - The transaction will not result in a change of control for the company, as the actual controller remains the same [15][18] Group 2 - The company has committed to performance guarantees for the acquired entity, with net profit targets set at RMB 11.2 million for 2025, RMB 18 million for 2026, and RMB 22.5 million for 2027 [23][24] - If the performance targets are not met, the performance guarantee parties are obligated to compensate the company, primarily using the shares obtained from the transaction [24][26] - The transaction is subject to regulatory approvals and has already completed necessary decision-making processes [17][18] Group 3 - The company will issue 6,406,376 shares, representing 4.97% of the total share capital post-transaction, with an adjusted issue price of RMB 21.95 per share [11][12] - The total assets, equity attributable to shareholders, and revenue are expected to increase post-transaction, enhancing the company's profitability [16][17] - The company has taken measures to protect minority shareholders' rights during the transaction process, including fair pricing and information disclosure [21][22]

Core Viewpoint - The company, Wuhan Changyingtong Optoelectronic Technology Co., Ltd., plans to acquire 100% equity of Wuhan Shengyisheng Optoelectronic Technology Co., Ltd. through a combination of issuing shares and cash payment, with a total transaction value of 158 million yuan [10][19]. Group 1: Transaction Overview - The transaction involves three parties: Wuhan Chuanglian Zhiguang Technology Co., Ltd., Li Longqin, and Ningbo Chengfenghao Enterprise Management Co., Ltd. [10][19]. - The main business of the target company, Wuhan Shengyisheng, focuses on the research, production, sales, and service of passive optical devices [10][19]. - The transaction is classified as a major asset restructuring under the relevant regulations [10][19]. Group 2: Financial Impact - The transaction is expected to enhance the company's overall profitability and sustainable operational capacity by creating synergies in the fiber optic gyroscope and optical communication sectors [15][19]. - Post-transaction, the company's total assets and net profit attributable to shareholders are projected to increase, thereby improving financial metrics [19][18]. Group 3: Share Structure Changes - The total share capital of the company will increase from 122,374,426 shares to 128,780,802 shares after the transaction [16][19]. - The transaction will not change the actual control of the company, which remains with Piabin [17][19]. Group 4: Performance Commitments - The performance commitments for the target company include achieving net profits of 11.2 million yuan, 18 million yuan, and 22.5 million yuan for the years 2025, 2026, and 2027, respectively [23][19]. - If the performance commitments are not met, the performance commitment parties are obligated to compensate the company [23][24]. Group 5: Regulatory Compliance - The transaction is subject to approval from the Shanghai Stock Exchange and registration with the China Securities Regulatory Commission [19][10]. - The company has committed to strict information disclosure obligations to protect the rights of minority shareholders during the transaction process [22][21].

Core Viewpoint - The company has signed two sales contracts totaling 65.265984 million yuan, which are expected to positively impact its financial performance in 2025 [2][9]. Group 1: Contract Details - The contracts consist of two sales agreements for inertial navigation devices, with amounts of 29.703744 million yuan and 35.562240 million yuan respectively [5][8]. - The final contract prices are subject to adjustments based on negotiations with the military equipment department [2][5]. Group 2: Performance Impact - The delivery of the products is scheduled for 2025, which is anticipated to have a positive effect on the company's total assets, net assets, operating income, and operating profit for that year [9][10]. Group 3: Risk Factors - There are potential performance risks due to external macroeconomic changes, industry policy adjustments, market environment changes, and customer demand fluctuations [3][10]. - The company acknowledges the risk of default if it fails to deliver products or services on time due to its own reasons [3][10].