ZG Lightning Protect(SZ:300414)2025-06-17 09:34Group 1: Market Development in Communication Industry - The company has established itself as a key supplier of lightning protection products for major global communication equipment manufacturers such as Ericsson, ZTE, Nokia, and Samsung [1] - In 2024, the company's revenue from the communication sector was 26,360.28 million yuan, a year-on-year decrease of 16.86% due to a slowdown in the communication industry compared to the previous year [1] - The company maintains a significant market share in the lightning protection technology and products within the communication sector [1] Group 2: Expansion into Non-Lightning Protection Products - In 2024, the company achieved revenue of 9,212.93 million yuan from electronic components, a year-on-year decrease of 13.7% [2] - The company has gained supplier qualifications for magnetic components and RF devices from several international first-tier communication equipment manufacturers, achieving bulk sales [2] - The magnetic components are also supplied to various domestic and international manufacturers in the new energy vehicle and medical equipment sectors [2] Group 3: Development in New Energy Vehicles - The company supplies magnetic components to several well-known communication equipment manufacturers and has also passed component verification from multiple new energy vehicle manufacturers [2] - Products supplied include lightning protection devices for charging stations used by electric vehicle manufacturers like NIO [2] Group 4: Applications in Aerospace and Low-Altitude Economy - The company has developed lightning protection devices for aircraft and is exploring applications in flying cars and drones [2] - In the drone sector, the company has participated in electromagnetic protection for large agricultural and forestry drones [2] Group 5: Product Development and R&D - The company offers various specifications of integrated inductors, which are produced using metal powder die-casting technology, suitable for high-frequency, high-power applications [2] - The company is currently in the experimental phase of project development for magnetic components in intelligent computing centers and data centers [2] Group 6: Research and Development in 6G Technology - The company maintains close technical ties with clients in the communication industry and has developed technology samples that have passed system lightning strike tests for 6G prototypes [2] Group 7: Military Products - The company produces various military products, including lightning rods and specialized products for vehicles and portable applications, with some details kept confidential due to security requirements [2]