THD(SZ:300397)2022-12-07 08:11Group 1: Company Overview - The company operates in four main product areas: regional air defense command systems, ground reconnaissance command systems, general aviation flight management, and marine environmental monitoring [2] - The company has received orders for its perimeter security systems in the security field [2] Group 2: Revenue Composition - Revenue composition from four product areas: 1. Regional air defense command systems 2. General aviation flight management 3. Marine environmental monitoring 4. Ground reconnaissance command systems [2][3] - The TH-S216 model is a major domestic product, while TH-S311, TH-S711, and TH-G701 are key international products [2] Group 3: Market Competition - In the general aviation sector, competitors include Chuan Da Zhi Sheng and Jiu Zhou Electric [3] - The company is involved in the selection competition for military products such as the TH-S217 model and a multifunctional radar system [4][5] Group 4: Acquisition and Market Strategy - The company announced the acquisition of 60% of Shenzhen Huayang Communication to enter the civil communication market and enhance military-civilian integration [6][7] - The acquisition aims to leverage both companies' strengths to expand domestic military product markets and improve sales and profitability [7] Group 5: Challenges and Future Plans - The military product orders in 2014 were insufficient due to long development cycles and potential delays in delivery [4] - The company plans to increase market development efforts in the general aviation sector based on market demand [4]