Guoguang Electric (688776)2024-05-24 08:44Group 1: Company Overview - Chengdu Guoguang Electric Co., Ltd. specializes in the research and production of microwave devices, with over 60 years of experience in the field [1] - The company has developed various products including traveling wave tubes, magnetrons, and microwave solid-state devices, widely used in radar, satellite communication, nuclear industry, and new energy sectors [1] Group 2: Financial Performance - As of March 31, 2024, the company reported a total revenue of 159 million CNY, a year-on-year increase of 40.85% [1] - The net profit attributable to shareholders decreased by 3.85% compared to the previous year [1] Group 3: Market and Product Insights - The order volume for microwave device segment remains stable, with some downstream demand expected to gradually release [1] - The company has established deep cooperative relationships with numerous domestic electric propulsion units for its electric propulsion core components [2] Group 4: Project Progress and Future Outlook - The company is actively promoting its space application products, including electric propulsion core components and space traveling wave tubes, with significant order growth since 2024 [2] - Ongoing projects in Hefei and Chengdu are being closely monitored, with professional teams ensuring timely communication and project progress [2]