BDStar Navigation(SZ:002151)2022-12-08 08:18Group 1: Company Overview and Strategy - The company focuses on the development of the BeiDou navigation system and aims to strengthen its competitiveness in the upstream product sector of the BeiDou industry chain through acquisitions [3]. - The main business segments include basic products (chip modules), automotive electronics, national defense and military, and other applications and services [3]. - The company plans to continue its growth strategy through both internal development and external acquisitions, with a focus on enhancing its basic products and expanding its automotive electronics and national defense sectors [3]. Group 2: Recent Acquisitions - The recent acquisitions of two companies are aimed at supplementing the company's basic products and enhancing its competitive edge in high-precision antennas and navigation antennas [3]. - The CEO's participation in the financing for these acquisitions reflects confidence in future growth and the desire to maintain the rights associated with being the second-largest shareholder [3]. Group 3: Automotive Electronics Sector - The automotive electronics sector is identified as a key growth area, with an average annual growth rate exceeding 25% in recent years [3]. - The company is exploring the integration of automotive navigation with mobile internet, leveraging a dealer model for more efficient market promotion [3].