Core Viewpoint - The company is actively pursuing a strategic acquisition to enhance its technical capabilities and market share in the satellite navigation testing sector, showcasing its professional strength and growth prospects in the wireless communication testing field [1][2]. Group 1: Strategic Acquisition - The company is planning to acquire 100% of Shanghai Weiyu Tiandao Technology Co., Ltd. through a combination of issuing shares and cash payment, which will strengthen its technical capabilities and market presence in the satellite navigation testing field [1]. - The acquisition is currently in the planning stage, and the company will adhere to relevant regulations for information disclosure to protect investor rights [1]. Group 2: Financial Performance - In the first half of 2025, the company achieved operating revenue of 111 million yuan, a year-on-year increase of 18.44% [1]. - The net profit attributable to shareholders reached 6.3153 million yuan, reflecting a significant year-on-year growth of 354.24% [1]. - The net cash flow from operating activities was 76.1778 million yuan, marking a substantial increase of 1121.98% year-on-year [1]. - The gross profit margin stood at 55.67%, an increase of 1.47 percentage points compared to the previous year [1]. Group 3: Research and Development - Under the "1+3" development strategy, the company is increasing its R&D investment, focusing on technologies such as millimeter-wave testing and satellite internet [2]. - New products, including a 44GHz handheld spectrum analyzer and a 41GHz handheld vector signal generator, were launched in the first half of 2025, with sales orders already secured [2]. - The company is collaborating with the East China branch of the China Academy of Information and Communications Technology to establish a new generation 6G communication and satellite internet testing verification center [2]. Group 4: Market Position and Future Outlook - The company has developed testing solutions for satellite internet, including a low-orbit satellite payload certification testing system and Eagle Sat for satellite network testing [2]. - The company recently won a bid for a project related to the "Beidou-3 real-time simulation satellite signal system," demonstrating its technical strength and market competitiveness in the satellite internet testing field [2]. - The company emphasizes the importance of market value management and aims to operate in a compliant, honest, and focused manner to enhance shareholder value and long-term investment returns [2].

Core Viewpoint - The company, Chuangyuan Xinke, is gaining institutional interest and has made significant advancements in low-altitude economy and 6G testing technologies, showcasing its strategic developments and future plans through various institutional engagements and performance briefings [1]. Group 1: Institutional Interest and Engagement - Chuangyuan Xinke has received attention from multiple institutions, including Western Securities, Dongwu Securities, and Founder Securities, with several meetings held in May 2023 [1]. - The company hosted an annual performance briefing on May 15, 2023, to present its technological breakthroughs and market strategies in low-altitude economy and 6G testing [1]. Group 2: Project Wins and Product Development - The company has successfully won a procurement project for key equipment from Tonghao Low-altitude Intelligent Technology Co., with a contract value of RMB 1.15 million for the mmWave 5G integrated testing system [2]. - The mmWave 5G system is part of the company's "1+3" development strategy, focusing on satellite internet and low-altitude economy communication testing products [2]. Group 3: Strategic Focus and Product Expansion - Chuangyuan Xinke's "1+3" strategy emphasizes communication testing in satellite internet and low-altitude economy, with new product launches such as the Rainbow series for low-altitude signal monitoring [3]. - The company has seen significant year-on-year growth in customer expansion and sales in the satellite internet testing sector, including the launch of low-orbit satellite payload certification testing systems [3]. Group 4: Collaboration and R&D Investment - The company is actively collaborating with Huawei on 5G/6G communication testing products, with ongoing projects in 6G technology development and product layout [4]. - Recent projects include the development of a high-bandwidth high-frequency channel simulator for 6G, which aims to enhance China's capabilities in advanced communication testing equipment [4]. - Chuangyuan Xinke has invested a total of RMB 491 million in R&D over the past three years, representing nearly 60% of its cumulative revenue during that period [5].

Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of 60.91 million yuan, representing a year-on-year growth of 27.47% [4] - The net profit attributable to shareholders and net cash flow from operating activities also showed significant growth compared to the same period last year [4] Group 2: Strategic Development - The company is focusing on communication testing services in the low-altitude economy and satellite internet sectors as part of its "1+3" development strategy [5] - New products include the mmWave 5G integrated testing system and the Rainbow series for low-altitude signal monitoring, aimed at supporting the commercial development of the low-altitude economy [5] Group 3: R&D and Technological Advancements - The company is actively involved in 5G/6G and millimeter-wave communication testing technology research, with several national-level projects underway [6] - It has successfully applied for 13 major national projects in 2024, leading to breakthroughs in key technologies such as ultra-high-speed baseband signal processing [8] Group 4: Market Value Management - The company emphasizes the importance of market value management, with a dedicated office to oversee this function [9] - It aims to enhance governance, operational efficiency, and profitability while ensuring transparent communication with investors [10]