Group 1: Company Overview and Activities - Xi'an Tianhe Defense Technology Co., Ltd. conducted an investor relations activity on February 3, 2026, involving a site visit and product introduction [1][2]. - The event included representatives from various investment firms, such as China Merchants Securities and Zhengyuan Investment [2]. Group 2: Product Development and Contracts - The company’s subsidiary, Tianwei Electronics, signed a second batch contract for the "Portable Air Defense Missile Intelligence Command System Upgrade" project, with a contract value of approximately 260 million RMB [3]. - The first batch of procurement contracts has passed military acceptance and product delivery, while the second batch is being executed according to military plans [3]. Group 3: Core Product Features - The "Portable Air Defense Missile Intelligence Command System" is recognized for its capabilities in providing air situation intelligence, operational command, fire control, and friend-or-foe identification [3]. - The system is designed to engage targets such as helicopters, fighter jets, and low-altitude drones, comprising radar units, command units, identification systems, guidance devices, and communication systems [3]. Group 4: Future Funding and Market Position - The company plans to raise funds through a private placement in 2024, with the net proceeds intended to supplement working capital for core business development [3]. - The funding process is currently under review by the Shenzhen Stock Exchange, with the first round of inquiries already responded to [3]. Group 5: AUV Market Strategy - The company’s subsidiary, Tianhe Haifang, positions itself as a high-end AUV (Autonomous Underwater Vehicle) supplier, focusing on industrialization to reduce production costs and enable mass supply [4]. - The company has experience in national projects and deep collaborations with universities, holding relevant intellectual property in the AUV field [4]. - There is a strategic consideration to develop AUVs compatible with torpedo launchers, which could enhance fleet operational safety and situational awareness [4].