Core Viewpoint - The company has developed a "Quality Improvement, Efficiency Enhancement, and Return to Investors" action plan for 2025 to optimize operations, governance, and investor returns in response to recent financial challenges and market conditions [1][7]. Group 1: Business Focus and Quality Improvement - The company will concentrate on its core business in satellite application technology, including satellite navigation, communication, and electronic countermeasures, to enhance operational quality [1]. - The company aims to deepen its understanding of customer needs in the satellite navigation sector to provide better products and solutions, while also diversifying its product applications [2]. - In the satellite communication sector, the company plans to increase market promotion efforts and enhance brand recognition, particularly in the low-orbit satellite phased array antenna business [2]. Group 2: Financial Management and Efficiency - The company will improve its accounts receivable management to address the high proportion of accounts receivable in total assets, which has created cash flow pressures [2]. - Measures will include linking the collection rate of accounts receivable to sales personnel compensation and developing strategies based on customer payment behavior [2]. - The company will focus on increasing production capacity utilization and controlling costs to enhance profitability [3]. Group 3: Technological Innovation and R&D - The company has accumulated 23 invention patents, 95 utility model patents, and 55 software copyrights, focusing on core technologies in satellite navigation and communication [4]. - The company will optimize its R&D personnel structure to enhance innovation capabilities and ensure a well-rounded team for technological advancements [4]. Group 4: Corporate Governance and Investor Relations - The company has established a comprehensive governance structure involving shareholders, the board of directors, and management to ensure effective oversight and decision-making [5]. - A new public opinion management system will be implemented to enhance the company's ability to respond to various public sentiments [5]. - The company emphasizes communication with investors through various channels to effectively convey its value and maintain a positive market image [6][7].