航天南湖(688552) - 投资者关系活动记录表（2024年11月20日-2024年11月21日）

Group 1: Military Trade Business - The proportion of military trade revenue has significantly increased, accounting for approximately 3% in recent years and 15% in 2023, indicating a positive trend in military trade business [2] - The main customers for military trade are foreign clients, with sales primarily conducted through general units and military trade companies [2] Group 2: Future Market Demand - The international environment is complex, leading to a strong demand for air defense early warning radar products as many countries seek to enhance their air defense capabilities [2] - The international competitiveness of air defense early warning radar products is expected to improve, suggesting a broad market space for military trade in the future [2] Group 3: Low Altitude Business Development - The company is focusing on both military and civilian low altitude market demands, developing products related to low altitude safety systems and low altitude detection [3] - A strategic cooperation agreement has been signed with the local government to actively participate in low altitude economic development planning [3] Group 4: Annual Performance Expectations - The company's performance exhibits significant seasonal characteristics, with the fourth quarter typically accounting for a high proportion of annual revenue, making it inappropriate to estimate annual performance based solely on quarterly or semi-annual data [3] - The company is committed to completing its annual research and production tasks, with performance details to be disclosed in future periodic reports [3] Group 5: Order and Market Management - The announced order of 493 million yuan pertains to new air defense early warning radar systems [3] - The company is preparing to implement measures for market value management in response to requirements from higher authorities, focusing on enhancing core competitiveness and creating long-term sustainable value for investors [3] Group 6: Mergers and Acquisitions - The company plans to leverage the capital market for industrial layout and structural adjustments to foster new productive forces, but currently has no specific merger or acquisition plans [3]