THD(300397)2022-12-04 09:38Group 1: Company Overview - Xi'an Tianhe Defense Technology Co., Ltd. focuses on military products, including new generation integrated short-range defense systems and underwater unmanned detection systems [1][2] - The company is advancing its military product business as planned [2] Group 2: "Tianrong Project" Development - The "Tianrong Project" aims to create a "full-domain intelligent perception big data system" based on 5G IoT technology [2] - The project integrates various infrastructures into a smart surveillance system, covering low-altitude, ground, underwater, and electromagnetic spaces [2][3] - The project has completed its top-level design and overall plan, with the Hainan Chengmai demonstration project marking its implementation [3] Group 3: 5G Application and Future Directions - The main products in the 5G application field include RF microwave passive devices and highly integrated microwave SOC chips [3] - Future plans involve expanding the IoT front-end sensor industry based on 5G networks [3] Group 4: Chengdu Tongliang Business Progress - Chengdu Tongliang is developing small signal amplifiers and switches for wireless communication, with initial small-scale deliveries to customers [4] Group 5: M&A Considerations - The company will focus on deepening its existing main business and may consider acquisitions related to the "Tianrong Project" and military electronics if suitable targets arise [4]