Core Insights - The company, AVIC Fushida Technology Co., Ltd., is leading the self-innovation in the RF interconnect field and is focusing on upgrading from core technology breakthroughs to system-level solutions [1] - The company aims to build a comprehensive capability from "components-components-systems" to seize opportunities in emerging sectors such as commercial aerospace, low-altitude economy, and intelligent connected vehicles [1] Financial Performance - In the first half of the year, the company achieved a revenue of 408 million yuan and a net profit of 37.18 million yuan, representing year-on-year growth of 7.86% and 10.5% respectively [2] - The sales revenue of the core product, RF coaxial connectors, increased by 24.41% year-on-year in the first half of the year [2] - The growth is attributed to a solid recovery in core business orders and strategic expansion into emerging fields [2][3] Business Strategy - The company is focusing on multiple emerging fields such as commercial aerospace, high-end industrial equipment, precision instruments, low-altitude economy, quantum computing, and medical sectors [2] - Collaborations with leading domestic clients and international medical giants have begun to yield results, with successful product certifications and initial supply agreements [2] - The company is enhancing its operational efficiency through a "cost efficiency project" aimed at optimizing production processes and reducing costs [3] Future Growth Areas - The HTCC (High-Temperature Co-fired Ceramic) business is expected to be a significant growth driver, with a market demand projected to exceed 100 million yuan by 2025 [4] - The company is also focusing on the commercial satellite sector, leveraging its experience in satellite projects to develop comprehensive solutions for large satellite constellation projects [4] International Expansion - The overseas market has become a crucial support for the company's growth, with strong performance in RF coaxial connectors and cable components [5] - Future plans include deepening cooperation with leading clients in the communication sector and expanding into international markets through trade shows and local service networks [6] R&D and Innovation - The company is committed to high levels of R&D investment, focusing on "high-frequency, integration, and systematization" to strengthen its core competitiveness in the RF interconnect field [7] - Ongoing development includes a range of products in the millimeter-wave sector and advancements in intelligent manufacturing to achieve digital transformation [7] - The company aims to provide integrated solutions and drive sustainable growth through technological innovation and market expansion [7]

Core Insights - The company, AVIC Fushida Technology Co., Ltd., is leading the self-innovation in the RF interconnect field and is focusing on upgrading from core technology breakthroughs to system-level solutions [1] - The company aims to build a comprehensive capability from "components-components-systems" to seize opportunities in emerging sectors such as commercial aerospace, low-altitude economy, and intelligent connected vehicles [1] Financial Performance - In the first half of the year, the company achieved operating revenue of 408 million yuan and a net profit of 37.18 million yuan, representing year-on-year growth of 7.86% and 10.5% respectively [2] - The sales revenue of the core product, RF coaxial connectors, increased by 24.41% year-on-year in the first half of the year [2] - The company’s core business orders have significantly increased, leading to high capacity utilization and a positive growth outlook for subsequent quarters [2] Strategic Initiatives - The company has made strategic advancements in emerging fields such as commercial aerospace, high-end industrial equipment, precision instruments, low-altitude economy, quantum computing, and medical sectors [2] - Collaborations with leading domestic clients in high-end equipment and precision instruments have resulted in successful product certifications and supply [2] - The company has established partnerships in the medical field with an international medical giant and has begun small-scale supply [2] Operational Efficiency - The company is enhancing profitability through a "cost efficiency project" aimed at optimizing production processes and reducing costs [3] - This internal management improvement supports the company's growth beyond market benefits and strengthens its market competitiveness [3] Future Growth Areas - The company is optimistic about the HTCC (High-Temperature Co-fired Ceramic) business, expecting a market demand exceeding 100 million yuan by 2025, focusing on high-end equipment and aerospace applications [4] - The commercial satellite sector is another strategic focus, with the company collaborating on mainstream commercial satellite projects and providing comprehensive product support [4] International Market Expansion - The overseas market has become a significant contributor to the company's growth, with strong performance in RF coaxial connectors and cable components [5] - The company plans to deepen cooperation with leading clients in the communication sector and actively explore overseas markets through international exhibitions and local service systems [6] R&D and Innovation - The company emphasizes sustained R&D investment as a cornerstone for building core competitiveness in the RF interconnect field [7] - Future R&D efforts will focus on high-frequency, integrated, and systemized solutions, enhancing capabilities in RF connectors, high-performance cables, advanced ceramics, and RF links [7] - The company aims to achieve digital transformation in production through equipment upgrades and data integration [7]

作为射频互连领域核心技术自主化的领军企业，北交所上市公司中航富士达科技股份有限公司正以其前 瞻性的战略视野，在高端制造领域掀起新一轮创新浪潮。 近日，富士达董事长武向文接受中国证券报记者专访时表示，公司正从核心技术突破向系统级解决方案 全面升级，通过构建"元件-组件-系统"全链路能力，在商业航天、低空经济、智能网联等新兴赛道抢占 先机。他表示，富士达正凭借在射频连接领域的深厚积淀，通过前瞻性的产业布局与持续的技术突破， 构建起穿越周期的核心竞争力，开启高质量发展新篇章。 ● 本报记者何昱璞 多领域业务协同并进 财报显示，今年以来富士达业绩实现稳步增长，上半年实现营业收入4.08亿元、净利润3718万元，同比 分别增长7.86%和10.5%，且第二季度业绩增长进一步加速。公司核心产品射频同轴连接器上半年销售 收入同比增长24.41%。当被问及业绩增长的核心驱动因素时，武向文指出，这并非单一引擎推动的结 果，而是多轮驱动协同效应的显现。 首先，核心业务订单恢复提供了坚实基础。武向文告诉记者，公司核心领域的订单实现了显著增长，直 接带动了产能利用率的高位运行，生产线基本处于满负荷状态。他表示："公司当前订单处于比较 ...

作为射频互连领域核心技术自主化的领军企业，北交所上市公司中航富士达科技股份有限公司正以其前 瞻性的战略视野，在高端制造领域掀起新一轮创新浪潮。 近日，富士达董事长武向文接受中国证券报记者专访时表示，公司正从核心技术突破向系统级解决方案 全面升级，通过构建"元件-组件-系统"全链路能力，在商业航天、低空经济、智能网联等新兴赛道抢占 先机。他表示，富士达正凭借在射频连接领域的深厚积淀，通过前瞻性的产业布局与持续的技术突破， 构建起穿越周期的核心竞争力，开启高质量发展新篇章。 HTCC（高温共烧陶瓷）业务被寄予厚望。武向文介绍道，公司的HTCC产品已实现小批量供货，并在 核心客户处完成技术验证。"当前工艺难点主要集中于电镀稳定性、烧结一致性及浆料配方优化，其中 电路烧结等关键环节的工艺瓶颈已基本解决。"他预计，2025年第四季度公司将全面攻克剩余技术难 题，实现良品率稳定达标。对于HTCC的市场前景，他充满信心："未来HTCC市场空间广阔，年需求规 模有望突破1亿元，核心应用场景聚焦于高端装备与航空航天领域，将为公司打造新的业绩增长点。" 商业卫星领域是另一大战略重点。富士达较早涉足卫星领域，并与主流商业卫星项目合 ...