CORPRO(SZ:300101)2022-12-08 09:18Group 1: Company Overview and Development - Chengdu Zhenxin Technology Co., Ltd. is a pioneer in the Beidou satellite navigation application field, starting its development in 1999 [3] - The company launched the first domestically developed Beidou terminal product in 2001, achieving its first batch sales [3] - By 2013, the company had developed a comprehensive capability in Beidou technology products, becoming one of the largest suppliers in the domestic Beidou industry chain [4] Group 2: Financial Performance and Contracts - The company executed a major contract worth 323 million yuan in 2013, with all operations proceeding normally [4] - The average gross margin for components decreased due to increased promotion in the civilian market, despite an overall increase in sales scale [5] - The company reported an increase in inventory and accounts receivable turnover rates compared to previous years, attributed to rising costs and seasonal payment patterns [5] Group 3: Industry Trends and Future Plans - The Beidou satellite navigation system is progressing through a three-step plan, with the first two steps completed and preparations for the third step underway [6] - The company aims to expand its applications in various industries, transitioning from specialized sectors to the consumer market [6] - Future business plans include focusing on components, terminals, and security monitoring, addressing significant market demands in these areas [7][8]