KING-STRONG(SZ:300629)2023-12-21 13:52Group 1: Company Overview and Performance - The company, Guangdong Xinjingang Technology Co., Ltd., has received a production task demand notification from a special client, indicating a focus on communication and data link applications, primarily for airborne platforms [2][3]. - The company’s full subsidiary, Kuanpu Technology, is preparing to meet production demands for specific models in 2024-2025, ensuring timely and high-quality delivery [3]. - The company has expanded its production and R&D space to address capacity constraints, with the new facility operational since late 2021, effectively doubling the production area [3]. Group 2: Client and Market Dynamics - The main clients of the company include research institutes and OEMs (Original Equipment Manufacturers) [3]. - The overall industry situation is favorable, and the company is prepared to respond to increased order demands, having secured sufficient orders [4]. - The company has received approval from the China Securities Regulatory Commission for a stock issuance aimed at funding the construction of a microwave power amplification and filtering production base, which will enhance manufacturing capabilities [3]. Group 3: Product Applications and Future Outlook - The company’s products in the special application electronics field are primarily used in communication, data links, radar, and electronic countermeasures [3]. - Future product applications are expected to expand through effective collaboration and integration of resources between Kuanpu Technology and its subsidiary, Renjian Microwave [3]. - The company perceives a low risk of goodwill impairment due to a favorable external environment and strong competitive position, with sufficient orders in hand [4].