LSKJ(SZ:300680)2026-01-14 10:08Group 1: Company Overview - Wuxi Longsheng Technology Co., Ltd. holds an 80% stake in the national high-tech enterprise Wuxi Weiyan Zhongjia Precision Machinery Co., Ltd., focusing on ultra-precision processing and participating in major national projects like Chang'e and Tianwen [1][2]. - The company has established a strong market position in commercial aerospace support, collaborating with key clients such as the Beijing Satellite Manufacturing Plant and the China Academy of Space Technology [2]. Group 2: Satellite Products - The company provides critical components for satellite energy and control modules, including solar wing hinges and attitude control components, achieving a leading market position in satellite energy systems [3][4]. - The successful launch and operation of satellites depend on the company's energy and control modules, which are essential for solar wing deployment and energy supply [4]. Group 3: Competitive Advantages - The company has extensive experience in satellite support, with a product range that includes both flexible and rigid solar wings, enhancing its adaptability and market competitiveness [5]. - Continuous technological upgrades have led to lightweight product iterations, further improving performance and compatibility with various satellite models [5]. Group 4: Drone and New Business Developments - The company is actively engaged in the development and manufacturing of large drone structural components, with a focus on both domestic and export markets [6]. - Longsheng Technology is strategically positioned in the automotive industry, particularly in the fields of engine EGR systems and core components for new energy vehicles, while also exploring opportunities in commercial aerospace and humanoid robotics [7]. Group 5: Electric Drive Assemblies - The electric drive assembly consists of stator and rotor subassemblies, with a focus on enhancing assembly capabilities to strengthen market competitiveness in the new energy vehicle sector [8]. - Collaborations with companies like Jinkang Power and Bosch aim to address key technical challenges and meet diverse customer needs [8]. Group 6: Future Prospects and Financing - The company is monitoring developments in the domestic nuclear sector and is pushing for the industrialization of related technologies [9]. - There are plans for potential refinancing to support the growth of strategic new businesses, with recent adjustments to the company's stock structure to enhance liquidity [10].