JXFH(SZ:300213)2022-12-05 05:52Group 1: Company Overview - Beijing Jiaxun Feihong Electric Co., Ltd. is a leading provider of command and dispatch communication systems, focusing on new technologies and products in the command and control field [2] - The company aims to provide convenient, efficient, and intelligent products and solutions across various industries, including transportation, national defense, government, and energy [2] Group 2: Financial Performance - In 2016, the company achieved operating revenue of CNY 104.84 million, a year-on-year increase of 3.54% [2] - The operating profit reached CNY 8.93 million, up 31.04% year-on-year [2] - Net profit attributable to shareholders was CNY 10.32 million, reflecting a 24.45% increase compared to the previous year [2] Group 3: Subsidiary Performance - The subsidiary, Liu Jie Technology, primarily engages in bidding processes for product sales, with over 90% of its revenue coming from the railway system [2] - Liu Jie Technology has a strong market presence in railway communication network detection and monitoring, focusing on innovative technology applications [2] Group 4: Market Expansion and Strategy - The company is expanding its business into wireless communication through collaboration with Liu Jie Technology, enhancing its overall service offerings in the railway sector [3] - Future market opportunities are expected to arise from national policies and investments in railways, urban rail transit, national defense, and energy sectors [3] - The company aims for balanced development across various industries to mitigate operational risks, with revenue distribution in 2016 being: Railways 30%, Urban Rail Transit 30%, Government 20%, Energy 6%, National Defense <10%, and Others 5% [4]