TONGYU(002792)2023-11-13 13:14Satellite Communication and 5G/6G Technology - The company has a strategic layout in satellite communication, including terminal product sales, satellite wireless routers, satellite-borne phased array antennas, and ground station-related communication equipment [2] - The company acquired Xinghengtong in 2016, which has provided a certain technical foundation in the satellite communication field [2] - The company plans to establish a wholly-owned subsidiary focused on satellite communication terminal products and related industrial chain products [2] - Multiple satellite communication-related products are currently in the testing phase and have collaborations with domestic research institutes [2] - The company has technical reserves in 5.5G and 6G antenna fields [3] - The company's satellite antennas and ground station products primarily serve maritime terminal customers [3] Market Position and Clients - The company ranks among the top five in the industry and is in the first tier in various sub-technical fields [3] - Major clients include China Mobile, China Telecom, Huawei, Nokia, Ericsson, and ZTE [3] Acquisition Strategy - The company is considering acquiring high-quality projects, particularly in the satellite communication sector, but maintains a cautious investment approach, focusing on teams with strong market and technical capabilities [2] Investor Relations Activities - The company hosted an investor relations event on November 13, 2023, which included a tour of the company's exhibition hall, 5G antenna production workshop, and microwave far-field test chamber [2] - The event also featured a presentation on the company's development history and future plans, followed by a discussion with institutional investors [2]