BDStar Navigation(SZ:002151)2022-12-06 11:18Group 1: Company Overview and Development - The company focuses on the development of the Beidou navigation system, with a history of technological advancements and strategic direction in automotive electronics and chip business [3] - The company has a strong R&D team, achieving multiple firsts in national assessments for its self-developed chips and modules, with over 5 million chips shipped [3] Group 2: Financial Performance and Acquisitions - In 2015, the acquired companies Huaxin Antenna and Jiali Electronics achieved net profits of 101.71% and 82.98% of their performance commitments, respectively [3] - The decline in automotive electronics and defense equipment businesses in 2015 was attributed to a sluggish domestic automotive market and delays in military orders due to reforms [3] Group 3: Future Strategies - The company aims to leverage opportunities in the global Beidou system construction, focusing on market integration and promoting existing businesses to maintain its leading position [3] - Plans include strengthening product development, market expansion, and pursuing investment and acquisitions to scale up operations [3]