海格通信(002465) - 2017年3月31日投资者关系活动记录表

Financial Performance - In 2016, the company achieved operating revenue of 4.119 billion yuan, a year-on-year increase of 8.20% [1] - The net profit attributable to the parent company was 530 million yuan, a year-on-year decrease of 8.53% [1] - The decline in net profit was attributed to military restructuring, delayed orders, and increased investments in market and R&D [2] Business Segments - The company maintained strong growth in its core business areas: wireless communication, Beidou navigation, general aviation, and software and information services [2] - The wireless communication sector retained its leading position in the special institution market, with significant advancements in satellite communication technology [2] - Beidou navigation business has established a full value chain service platform, continuously consolidating its competitive advantage [2] Strategic Initiatives - The company is actively promoting "military-civilian integration" and "dual-wheel drive" development strategies, leveraging opportunities from national defense informatization and emerging industries [2] - In 2016, the company launched several capital projects, including listing on the New Third Board and establishing a mother fund for integrated circuit development [3] - The company plans to focus on high-end manufacturing and modern service industries in 2017, with an emphasis on innovation and market responsiveness [4] Market Outlook - The company anticipates continued growth in 2017, driven by the expansion of 4G network optimization and the emergence of 5G opportunities [5] - The Beidou military equipment market is expected to see steady demand, with ongoing international market development linked to the "Belt and Road" initiative [5] - The company is confident in the future performance of its Beidou business, expecting gradual improvement as military reforms stabilize [5] Management and Structural Changes - Recent adjustments in the management team reflect a commitment to high-level decision-making and military-civilian integration [4] - The restructuring aims to enhance operational efficiency, reduce costs, and improve market response times [4] - The company is focusing on optimizing internal resource management and pursuing excellence in processes [4]