CORPRO(SZ:300101)2022-12-03 09:01Group 1: Company Overview - Chengdu Zhenxin Technology Co., Ltd. focuses on key components for Beidou navigation, high-performance integrated circuits, and related products and services [2][3] - The company has maintained a leading position in R&D and industrialization of its main business, emphasizing innovation and market expansion [3][4] Group 2: Product Development and Market Position - The company is transitioning from chip sales to modules and systems, expanding into communication, broadcasting, automotive, and electronics sectors [5][7] - In the Beidou sector, the company is one of the few capable of providing complete solutions from chips to terminals and system services, with a significant market presence [4][6] Group 3: Financial Performance - The company anticipates a 20% to 50% decline in annual performance for 2018, primarily due to impairment testing on long-term equity investments, impacting net profit by approximately 14 million yuan [5][6] - The domestic satellite navigation and positioning service industry has reached a market value of over 200 billion yuan, with Beidou contributing 70% [6][7] Group 4: Future Outlook - With the completion of the Beidou system's basic construction, the company is entering a global application era, which is expected to drive significant market growth [6][7] - The company is actively expanding its presence in public security, transportation, and telecommunications sectors, enhancing its market position in smart city projects [5][7]