Tongyu Communication (002792.)SZ) announced on January 29, 2024 that on January 29, 2024, Tongyu Communication accepted the investigation of Northeast ** shares*** and other institutions, deputy general manager of the strategic investment department and secretary of the board of directors: Huang Hua; Investor Relations Manager: Zhang Weiliang participated in the reception and answered the questions raised by the research institutions.
The details of the research institutions are as follows: Zhu Chen (Business Director) Northeast ** Co., Ltd. *** Wang Jingping (General Manager) Foshan Financial Holding *** Guangdong Branch; Huang Zelong (Partner) Guangdong Nanchuan Private Equity **Management***
The main contents of the survey:
On January 29, 2024, from 14:15 to 17:00, the company received the institutional investors participating in this event in the company's conference room, and the main activities are as follows:
1. Visit the company's exhibition hall, 5G antenna production workshop, microwave far-field and near-field test chamber.
2. The company briefly introduced the business and future development plan of each section, and discussed and exchanged views with participating institutional investors.
The main Q&A of this investor reception event is as follows:
1. Since the company was listed in 2016, the growth has been relatively stable, from a macro point of view, what is the prosperity of the industry?
Answer: At present, the whole industry is in a difficult period, the peak period of domestic 5G communication investment has passed, and Europe is relatively backward in 5G investment in general, but there are also 5G infrastructure investment, and directly enter the next generation of communication technology trend. In view of this, the company has also made efforts to develop markets in South America, Africa, CIS countries and the Belt and Road Initiative. Domestically, the company actively participates in the bidding of operators. Overall, the company's business development in 2024 will be improved compared with 2023.
2. What are the advantages of the company's core technology?
A: At present, China has built a total of 337 5G base stations70,000, according to the data of past shipments, Tongyu's base station antenna market share is relatively high. In addition, the company's sheet metal filter in cooperation with Ericsson is different from the ceramic filter, one of the current mainstream technologies, and the company's sheet metal filter core technology is in a leading position in the industry, and there will be a relatively large increase overseas in the future. The company's microwave antenna market and technology are also in the forefront of the industry, although the gross profit is not particularly high, due to the company's years of technology accumulation, Huawei, Ericsson, ZTE, Nokia have been supplied.
3. In addition to the traditional main business, what is the progress of the new business development of satellite communications?
Answer: We are from the ground station into the satellite communication business, because we have microwave antenna technology, so directly from the ground station to the entire satellite communication business, at present we have supplied to the national scientific research institutes, experimental samples have been accepted, and then according to the progress of the development of low-orbit satellites, our mass production planning is also in progress.
4. What is the progress of our company and local industries?
Answer: At present, after the successful registration of the industry, the professional managers of the industry are also stepping up the progress of due diligence and recommending projects. After the implementation of relevant projects, the company will issue progress announcements in a timely manner in accordance with relevant laws and regulations.
The above content and data have nothing to do with the position of the interface and do not constitute investment advice. Do so at your own risk.