Kingsignal(SZ:300252)2022-11-22 03:04Group 1: Investor Relations Activities - The company held an online performance briefing for the 2020 annual report on May 10, 2021, from 15:00 to 17:00 [2] - The meeting was attended by key personnel including the Chairman, General Manager, and independent directors [2] - The event utilized the "cloud interview" platform provided by the Shenzhen Stock Exchange [2] Group 2: Strategic Developments - The company announced 2021 as the "Year of Innovation," focusing on new strategies and products [2] - New products include 5G CPE, the first domestic AX6000 high-end Wi-Fi 6 Mesh product, and portable satellite internet devices [3] - R&D investment in 2020 was 184 million, accounting for 9.4% of revenue, with a focus on electromagnetic compatibility solutions and 5G base station antennas [3] Group 3: Financial Performance and Risk Management - The company reported a significant increase in long-term receivables by 104%, primarily due to new leasing standards [4] - Measures to mitigate foreign exchange risks include matching foreign currency income with expenses and signing forward foreign exchange contracts [3] - The new leasing standards are not expected to have a significant impact on the company's financial status or cash flow [4] Group 4: Market Expansion and Product Strategy - The company has successfully expanded its overseas market presence, particularly in North America, Europe, and India during the pandemic [5] - The product strategy focuses on integrating traditional and satellite communications, with innovations like the "small base station + satellite backhaul" device [5] - Future developments will emphasize high-speed data communication devices and system terminal products [3]