Core Viewpoint - The company, Jiuzhiyang (300516.SZ), focuses on infrared, laser, optical, and star tracking technologies, serving both military and civilian sectors [1] Group 1: Business Focus - The company's main products are integral to the military information system, addressing actual application needs [1] - Currently, there are no dedicated military AI products offered by the company [1] Group 2: Market Awareness - The company will continue to monitor technological developments and market dynamics in relevant fields [1] - The company is evaluating and seeking suitable market opportunities in the context of emerging technologies [1]

Core Viewpoint - The company, Jiuzhiyang, is focused on strengthening its core technologies and enhancing its competitive edge in both military and civilian optoelectronic fields while leveraging the resources of its parent group, China Shipbuilding Group [1] Group 1: Company Strategy - The company is committed to deepening its core technologies and reinforcing independent innovation to maintain its technological barriers in the optoelectronic sector [1] - It aims to extend optoelectronic technology into the civilian market while fulfilling traditional defense and military needs [1] Group 2: Future Focus Areas - The company plans to concentrate on four key areas: infrared, laser, optics, and optical component manufacturing, as well as star tracking technology [1] - It will continue to push for technological breakthroughs, product upgrades, application scenario expansion, and industry chain collaboration [1] - The goal is to become an innovator and leader in the field of optics and quantum technology, collaborating with global partners for mutual growth [1]

Core Viewpoint - The performance briefing held by China Shipbuilding Group focused on the operational results and future plans of its listed companies, particularly highlighting the challenges and strategic responses of Jiuzhiyang, a subsidiary, in the current market environment [1] Group 1: Company Performance - In 2024, Jiuzhiyang reported a revenue of 534 million yuan, a year-on-year decrease of 30.58%, and a net profit attributable to shareholders of 30.98 million yuan, down 62.65% compared to the previous year [2] - Despite the decline in overall performance, Jiuzhiyang maintained a strong core competitiveness, with military product sales and production increasing by over 50% year-on-year [2] - The company achieved a significant breakthrough in its application and foreign trade sectors, with new contract amounts rising by 135.23% year-on-year [2] - Jiuzhiyang has consistently distributed cash dividends, with 40% of the net profit for 2024 allocated for dividends, totaling over 200 million yuan since its listing [2] Group 2: Future Development Plans - The company plans to enhance its market expansion capabilities in the civilian sector, as evidenced by the significant increase in new contracts [3] - Future strategies will focus on integrating innovation chains with industrial chains, emphasizing a structured approach to product and technology planning [3] - Jiuzhiyang aims to strengthen its presence in both domestic and international markets, exploring collaborative models for providing system solutions and technical services [3]