SHENGLU TELECOM(SZ:002446)2023-01-09 10:41Financial Performance - The company expects a net profit attributable to shareholders of between 206.06% and 229.63% year-on-year, amounting to millions of yuan [1] - The significant profit growth is attributed to the overall development of communication equipment and microwave electronics business [1] Company Overview - Guangdong Shenglu Communication Technology Co., Ltd. was established in December 1998 in Foshan, Guangdong, and is a leading domestic company in the R&D, manufacturing, and sales of antennas and RF products [1] - The company was listed on the Shenzhen SME Board in July 2010 [1] - The military business includes three wholly-owned subsidiaries engaged in military electronics, with products widely used in radar, electronic countermeasures, remote sensing, and low-orbit satellite communications [1] Business Strategy and Adjustments - In 2022, the company focused on the development strategy of dual-use communication business, leading to internal adjustments [2] - The organizational structure was modified to integrate civil communication business, clarifying business development directions [2] - Management and incentive systems were optimized to enhance operational efficiency and team cohesion [2] - The customer structure was adjusted to provide comprehensive services to high-quality clients [2] Production Expansion - Subsidiaries Chengdu Innovation and Nanjing Hengdian are currently expanding production, with progress on schedule [2] Capital Increase Project - The preparation for the capital increase project is in the later stages, with updates to be announced [2] Core Technologies - The company's core technology in military electronics is ultra-wideband up/down conversion technology, which is crucial for modern electronic communication systems [2] - The company holds a leading position in this technology within the domestic market [2] New Projects and Market Expansion - The company achieved significant results in expanding new projects, clients, and markets in 2022, with further details to be provided in future operational updates [3] 2023 Strategic Planning - 2023 marks the company's thirteenth year since listing, viewed as a year of rebirth following reforms and adjustments [3] - The company will continue to implement its development strategy, focusing on technology and market orientation [3] - Plans include deepening cooperation with strategic partners and expanding new projects, clients, and markets [3] - The company aims to enhance its overall strength by adopting domestic and international management practices and cultivating necessary talent [3]