盛路通信(002446) - 2016年1月22日投资者关系活动记录表

Group 1: Company Overview and Performance - Guangdong Shenglu Communication Technology Co., Ltd. successfully achieved its 2015 marketing goals, indicating a solid performance in the telecommunications sector [1] - The company is focusing on the dual-use of military and civilian communication, as well as automotive electronics and vehicle networking [2] - Shenglu Communication has completed the acquisition of Nanjing Hengdian Electronics, expanding its military electronics revenue scale and strengthening its business layout in the military sector [2] Group 2: Product Development and Market Strategy - Hezheng Electronics, a subsidiary, aims to enhance its product offerings, including rearview mirrors and driving recorders, to adapt to the competitive automotive market [3] - In 2015, Hezheng Electronics sold approximately 250,000 units, with a target of 400,000 units for 2016 [3] - The company maintains a strong focus on R&D, ensuring its products are compatible with over 90% of mainstream smartphones, which allows it to hold pricing power [4] Group 3: Financial Performance and Projections - Hezheng Electronics' gross margin remains stable, with fluctuations depending on different vehicle models and series [4] - The company plans to establish an additional automated production line in 2016 to support its sales targets [5] - Nanjing Hengdian's orders are stable and expected to increase, supported by the construction of a new factory to expand production capacity [4] Group 4: Competitive Landscape and Future Plans - Nanjing Hengdian's main competitors include the 29th Research Institute of China Electronics Technology Group, and the company is committed to continuous innovation to maintain its market position [4] - Shenglu Communication is cautious about future acquisitions, focusing on strategic alignment with its development goals [6] - The company emphasizes collaboration with its subsidiaries, allowing them to operate independently while providing support for strategic planning and resource allocation [6]