Sichuan Jiuzhou Electronic (SZ:000801)2022-12-06 02:36Group 1: Company Overview - Sichuan Jiuzhou Electric Co., Ltd. is a leading provider in digital audio and video, air traffic control, and IoT-related businesses, with a focus on military-civilian integration and diversified development in electronic information products [2]. - In 2016, the company achieved operating revenue of 391,573.29 million CNY, a year-on-year increase of 22,352.46 million CNY, but a profit decline of 14.71% [2]. Group 2: Financial Performance - The net profit attributable to the parent company was 19,056.41 million CNY, reflecting a year-on-year decrease of 12.02% [3]. - The decline in performance was attributed to fluctuations in the digital television and air traffic control sectors, with rising costs of storage chips and raw materials impacting profit margins [3]. Group 3: Competitive Advantages - The company specializes in secondary radar systems, differentiating itself from competitors like Guokai Technology and Sichuan Chuangxin Electronics, which focus on primary radar systems [3]. - Key competitive advantages include being a high-tech enterprise with a unique national air traffic monitoring and communication system engineering research center, and possessing comprehensive industry and product qualifications [3]. Group 4: Strategic Partnerships and Future Plans - The company is a primary supplier for the C919 large passenger aircraft and has deployed its information management systems across various military branches [4]. - Collaboration with Huawei is progressing, with the company having passed various supplier certifications and jointly developing multiple optical communication terminal products [4]. - The company is actively pursuing both organic growth and external acquisitions to enhance its industry development [4].