Core Viewpoint - Xi'an Tianhe Defense Technology Co., Ltd. is actively engaging with institutional investors to discuss its military equipment business, underwater unmanned systems development, military trade export situation, and progress on targeted issuance of shares [1][2]. Group 1: Military Equipment Business - The military equipment segment is centered around a new generation of integrated short-range defense systems, focusing on low-altitude defense, intelligent coastal defense, air defense, battlefield environment perception, digital military applications, and military support [1]. - Key products include portable air defense missile command systems, field communication command systems, and radar and combat command systems, addressing multi-dimensional military needs [1][2]. Group 2: Underwater Business - The underwater business focuses on two main areas: underwater sensors and underwater autonomous vehicles, highlighting their dual-use nature for military and civilian applications [2]. - Underwater sensors are utilized for ocean environment monitoring, providing data support for various underwater platform operations [2]. - Underwater autonomous vehicles are capable of long-term submersion, unmanned operation, and autonomous control, with applications in reconnaissance, anti-submarine warfare, and ocean exploration [2]. Group 3: Military Trade Export - The company adheres to national military trade policies, ensuring all military product exports are conducted through specialized military trade companies [2]. - Customer feedback is positive, with a focus on the products' all-domain detection, multi-task processing capabilities, and low-cost interception performance, indicating competitive strength in international markets [2]. Group 4: Targeted Issuance of Shares - The company is progressing with a targeted issuance of shares for 2024, which has been formally accepted by the Shenzhen Stock Exchange and is awaiting regulatory approval [2]. - The specific use of raised funds will be disclosed in accordance with regulatory requirements [2].

Business Overview - The company focuses on the research, production, and delivery of low-altitude air defense equipment, emphasizing the development of portable air defense missile intelligence command systems [2][3] - The business layout includes military products through subsidiary Tianwei Electronics and civilian products through subsidiary Huayang Communication, targeting the RF industry chain [3] Military Equipment Business - The core of the military equipment business is the new generation of integrated short-range defense systems, including products like portable air defense missile command systems and smart coastal defense systems [3][4] - Key products include battlefield communication command systems, radar and combat command systems, and underwater unmanned combat systems [3][4] Underwater Business Focus - The underwater business concentrates on underwater sensors for ocean environment monitoring and underwater unmanned autonomous vehicles for reconnaissance and training [4][6] - The underwater autonomous vehicles are primarily aimed at domestic research institutions for underwater research applications [6] Market Trends and Future Expectations - The military market is expected to grow due to increased national defense investment, presenting more opportunities for development [7] - The company plans to enhance its core technology and market share while focusing on military-civilian dual-use product development [7][8] - In 2024, the company aims to strengthen its traditional business advantages and enhance product competitiveness through continuous innovation and upgrades [8][9] Strategic Focus Areas - The company will prioritize military equipment, 5G RF, and the new generation of integrated electronic information (Tianrong Engineering) as its strategic focus [8] - Emphasis will be placed on low-altitude economy, emergency equipment, digital health, and big data in military-civilian dual-use sectors [8][9]