Core Viewpoint - Guangdong Hongda Holding Group Co., Ltd. held an online performance briefing on September 19, discussing its mining service business, order status, military industry transformation, acquisition progress, and business synergy [1]. Group 1: Mining Service Business - The mining service segment has seen a steady increase in new orders, with over 35 billion yuan in hand orders as of the first half of the year, maintaining a stable service mineral structure [1]. - The company focuses on key regional markets and accelerates international expansion, emphasizing a "big clients, big projects" strategy, with major clients including Zijin Mining, China Energy Group, and Ansteel Mining [1]. - New mining service orders exceeded 10 billion yuan this year [1]. Group 2: Military Industry Transformation - The company is committed to transforming towards the military industry, investing heavily in high-end intelligent weapon systems and related supply chain layouts [1]. - The defense equipment product layout includes high-end defense equipment and core supporting products [1]. Group 3: Acquisition Progress - The acquisition of Changzhilin was priced considering multiple factors and aligns with the company's military transformation strategy, enhancing the industrial chain layout [1]. - The company is actively promoting the subsequent equity transfer related to the acquisition [1]. - The acquisition of Xuefeng Technology was also priced based on various factors, facilitating industrial chain synergy and seizing opportunities in Xinjiang's mineral resource development [1]. Group 4: Other Business Developments - The company expressed readiness to participate in the Yaxia Hydropower Station and Xinjiang Railway blasting business, although participation remains uncertain [2]. - The Hongda Satellite Wuxi project currently operates 10 satellites successfully, with future collaboration planned with the defense equipment business [2]. - The company held an investor open day on September 17 in Beijing, aiming to continuously optimize investor relations management [2].