Genew(SH:688418)2023-11-22 10:24Group 1: Business Overview - The core network business has a stable gross margin around 70%, primarily driven by software design and development costs, with hardware costs being relatively low [2] - The company is one of the few domestic providers of satellite 5G core network equipment, serving projects like Tian Tong 1 and international satellite collaborations [2] Group 2: Product and Service Offerings - The company is expanding its offerings in the satellite domain, including ground networking, satellite networking, and satellite access terminal services [2] - Future business in the satellite sector will focus on three areas: ground networking, satellite networking, and industrial applications of satellites [2] Group 3: Market Position and Growth Strategy - The company aims to leverage its technical advantages and project experience in the satellite communication field to capture market share and drive revenue growth [3]