Group 1 - The company Tianyi Co., Ltd. announced on September 19 that it has been selected as one of the successful bidders for the China Telecom dual-band broadband integrated terminal centralized procurement project for the years 2024 to 2026 [2] - The announcement was made following the disclosure of the company as a candidate for the transaction on September 11, 2025 [2] - The company has received the "Notice of Transaction" confirming its status as one of the successful bidders in the second round of inquiries for the procurement project [2] Group 2 - The procurement project is significant as it involves the supply of dual-band broadband integrated terminals, indicating a focus on enhancing broadband capabilities [2] - This development may position the company favorably within the telecommunications industry, particularly in relation to partnerships with major telecom operators like China Telecom [2] - The announcement reflects the company's ongoing efforts to secure contracts in the competitive telecommunications market [2]

Group 1 - The company participated in the "2025 Guangdong Investor Collective Reception Day" and engaged with investors through an online platform [1] - The company reported a net profit of 57.55 million yuan for the first half of the year and indicated that overall performance is stable [1] - Future development will focus on military-civilian industrial collaboration, leveraging microwave electronic technology for civilian applications, and exploring emerging markets such as low-altitude economy and satellite internet [1] Group 2 - Ongoing projects include the Nanjing Shenghengda Innovation Industry Park and the new generation smart communication equipment project, with completion expected by the end of 2025 [1] - The company maintains a good cooperative relationship with Huawei and is actively working on stock repurchase initiatives to address market valuation concerns [1] - The company is preparing for the design and construction phases of a land use rights project it won for 101 million yuan [1]

Group 1: Financial Performance - The company achieved a net profit of 5,755 million yuan in the first half of 2025, indicating a stable overall performance [2] - The third quarter performance report for 2025 will be disclosed in accordance with regulatory requirements [3] Group 2: Future Development and Projects - The company aims to deepen military-civilian industrial collaboration, focusing on microwave communication, radar, and electronic countermeasure technologies for civilian applications [3] - The Nanjing Shenghengda Innovation Park and the new generation smart communication equipment project are progressing steadily, with financial data to be disclosed as per legal obligations [3] Group 3: Share Buyback and Market Position - The company approved a share buyback plan on January 3, 2025, with a twelve-month implementation period based on market conditions [4] - The company's market value has lagged behind competitors, influenced by various factors, while order and delivery situations remain stable [4] Group 4: Land Acquisition and Project Planning - The company successfully acquired the land use rights for TD2024(SS)WP0053 at a cost of 1.01 billion yuan, with project planning and design work actively underway [4]

Group 1 - The company Haichang New Materials (300885.SZ) announced the signing of a share acquisition intention agreement with Wu Wenping and Lu Linsheng to acquire 51% equity of Shenzhen Xinyi Communication Technology Co., Ltd. through cash payment [1] - The target company specializes in the research, production, and sales of RF core components and related modules in the GNSS antenna positioning field, including high-precision GNSS satellite positioning antennas and Beidou satellite communication antennas [1] - The products of the target company are widely used in various fields such as drones, smart lawn mowers, surveying and mapping, precision agriculture, autonomous driving, and deformation monitoring [1] Group 2 - The target company not only provides products but also offers customized solutions and technical support based on the needs of different industries, meeting customer requirements in various complex scenarios [1] - The target company is an important service provider in the industry application field [1]

Core Viewpoint - The company Haichang New Materials (300885.SZ) has signed a share acquisition intention agreement to acquire 51% of Shenzhen Xinwei Communication Technology Co., Ltd. through cash payment, indicating a strategic move to enhance its capabilities in the GNSS antenna positioning sector [1] Company Summary - The target company specializes in the research, production, and sales of RF core components and related modules in the GNSS antenna positioning field, including high-precision GNSS satellite positioning antennas and Beidou satellite communication antennas [1] - The products of the target company are widely used in various applications such as drones, smart lawn mowers, surveying and mapping, precision agriculture, autonomous driving, and deformation monitoring, highlighting its relevance across multiple industries [1] - The target company not only provides products but also offers customized solutions and technical support based on the needs of different industries, making it an important service provider in the application field [1]

Group 1 - The company, Tianyi Co., has received a "Notice of Transaction," confirming its status as one of the successful bidders for China Telecom's dual-band broadband integrated terminal centralized procurement project for the years 2024-2026, with an expected transaction amount of 41 million yuan (including tax) [1]

Group 1 - The company, Tianyi Co., has received a "Notice of Transaction" confirming its status as one of the successful bidders for China Telecom's dual-band broadband integrated terminal centralized procurement project for the years 2024-2026, with an expected transaction amount of 41 million yuan (including tax) [1]

Group 1 - The company Tianyi Co., Ltd. has signed a procurement framework agreement with China Telecom Group Co., Ltd. and China Telecom Corporation Limited for the "China Telecom Home FTTR Equipment (2024-2025) Centralized Procurement Project Inquiry (Second) Equipment and Related Services" [1] - The agreement is valid from September 11, 2025, to December 31, 2025 [1]

Group 1: Satellite Communication Products - The company has developed satellite communication products covering "star-ground-end" applications, including ground station terminals, satellite communication payloads, and terminal applications [2] - Key products include satellite active phased array antennas supporting Ka and Ku bands, and mobile satellite antennas for trains and ships [2] - The company has made strategic investments totaling 30 million CNY in core satellite component companies and established a 50 million CNY space industry fund [3] Group 2: Microwave Antenna Business - The microwave antenna business has seen a revenue increase of 84% year-on-year, with a gross margin of 33%, accounting for 22% of total revenue [3] - The growth is driven by the demand for wireless transmission in underdeveloped overseas regions, complementing fiber optic communication [3] Group 3: Optical Modules - The company’s 800G optical modules have achieved small-scale shipments, while the 1.6T optical module is in early-stage development [4] - Continuous monitoring of industry trends is emphasized to promote product development and commercialization [4] Group 4: Millimeter Wave Antennas - Millimeter wave antennas are being tested for high-speed communication between data centers, with potential to replace fiber optics and reduce deployment costs by 30% [5] - The company has completed laboratory validation of its 28GHz product and is conducting joint tests with leading operators, holding 12 related patents [5]

Group 1 - The company, Gongjin Co., announced on September 19 that it received a government subsidy of 8.8979 million yuan on September 18, 2025 [2] - The subsidy is categorized as a government grant related to income [2]