Core Viewpoint - Jiachi Technology is actively expanding its presence in the civilian market, focusing on the development of next-generation electromagnetic wave anechoic chambers and key absorbing materials, as well as the electromagnetic measurement and control sector [1][2][3] Group 1: Civilian Market Expansion - The company is heavily investing in the civilian sector, particularly in two areas: the next-generation electromagnetic wave anechoic chamber system integration and key absorbing materials, and the electromagnetic measurement and control field [2][3] - The new generation electromagnetic wave anechoic chamber has completed the development of key absorbing materials and system integration design capabilities, showcasing significant advantages in low-frequency performance, lifespan, and operational costs, with multiple projects won amounting to several million yuan [2][3] Group 2: Electromagnetic Measurement and Control - The company has established a subsidiary, Chengdu Haojing Electromagnetic Measurement and Control Technology Co., Ltd., to focus on the EMMS (Electromagnetic Functional Materials and Structures) field, addressing the significant demand for testing technology and capabilities in both military and civilian high-density integrated electronic information sectors [3][4] - The establishment of the electromagnetic measurement and control subsidiary is a strategic move to enhance business focus and capability integration, forming a core competitive advantage in the civilian market [3][4] Group 3: Production Capacity and R&D - The company has built the largest YS functional coating material production base in the country, with production capacity meeting current and future order demands, while the YS functional structural components' production capacity is in high demand [3][4] - The company is committed to increasing R&D investment and has formed a competitive talent team in the EMMS field, continuously attracting graduates from well-known universities and nurturing various levels of young talent [4]

Core Viewpoint - The company, Jiachitech, is implementing an incentive plan to foster talent development and align employee interests with company growth, aiming to enhance long-term shareholder value [1][5]. Group 1: Company Overview - Jiachitech, established in 2008, is a leading provider of Electromagnetic Functional Materials and Structures (EMMS) in China and was listed on the STAR Market in December 2022 [3]. - In its first year post-listing, the company reported a revenue of 957 million yuan and a net profit of 517 million yuan [3]. Group 2: Incentive Plan Details - The incentive plan involves granting 1.48375 million restricted stocks at a price of 27.86 yuan per share, with 1.187 million shares allocated to 62 key personnel, including executives and core technical staff [3]. - The plan received overwhelming support from minority shareholders, with over 98.8% voting in favor [1]. Group 3: R&D and Talent Development - The company has significantly increased its R&D investment, with R&D personnel numbering 148, accounting for 33.18% of the total workforce [4]. - The EMMS industry faces a talent shortage due to limited educational programs and experienced companies, making talent development a critical barrier to entry [4]. Group 4: Performance Targets - The performance targets for the company from 2025 to 2027 are set at 1.1 billion yuan, 1.37 billion yuan, and 1.6 billion yuan in revenue, with trigger values of 1.06 billion yuan, 1.25 billion yuan, and 1.41 billion yuan respectively [5]. - If performance targets are not met, the granted restricted stocks may become void [5]. Group 5: Market Strategy - The company plans to deepen its focus on the aviation sector while expanding into naval, aerospace, and weaponry markets to provide high-performance products and services [6]. - In the civilian market, Jiachitech aims to develop EMC and OTA testing systems to capture opportunities in the emerging smart electric vehicle sector [6].