coinspinfree| Guangqi Technology Appears at Shenzhen Stock Exchange Performance Exchange Conference, New Quality Productivity Empowers the Development of Advanced Manufacturing Industry

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[Guangqi Technology Appears at the Shenzhen Stock Exchange Performance Exchange Conference, New Quality Productivity Empowers the Development of Advanced Manufacturing] Securities Times News, on May 22, as Shenzhen's high-tech field,coinspinfreeRepresentative of listed companies, Guangqi Technology (002625coinspinfree.SZ) Invited to participate in the Shenzhen Stock Exchange's "Bay Area Engine 'Strong Guangdong'coinspinfree...

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[Guangqi Technology Appears at Shenzhen Stock Exchange Performance Exchange, New Quality Productivity Empowers the Development of Advanced Manufacturing] Securities Times News, on May 22, as a representative of listed companies in Shenzhen's high-tech field, Guangqi Technology (002625.SZ) was invited to participate in the Shenzhen Stock Exchange's 2023 collective performance presentation meeting of listed companies with "Strong Bay Area Engine 'Guangdong'". Dr. Liu Ruopeng, Chairman of Guangqi Technology, and Dr. Luan Lin, General Manager, attended the meeting and had in-depth exchanges and discussions with on-site investors and media on key issues such as the company's 2023 performance, market strategy and future development plans. At the meeting on "Original Innovation" to promote the growth of new quality productivity, Dr. Liu Ruopeng shared the theme report "New Quality Productivity Empowers the Development of Advanced Manufacturing", demonstrating Guangqi Technology from three dimensions: performance interpretation, business strategy, and digital governance. The outstanding performance of technology in the past year, as well as the huge potential demonstrated by metamaterials in the field of empowering advanced manufacturing. Dr. Liu Ruopeng said that the original intention of returning to China to establish Guangqi was to createcoinspinfreeChina's metamaterial technology industry chain, which enables the leapfrog development of advanced manufacturing industry. Since its establishment in 2010, Guangqi has always adhered to the development strategy driven by scientific and technological innovation, and completed a major breakthrough in metamaterial technology from source innovation to industrialization from scratch. It has created the whole chain and whole process system of industrial metamaterial design, supercalculation, manufacturing, production, testing and standards, and has become the first enterprise in China to realize the industrialization of metamaterial technology and apply metamaterial products in the field of cutting-edge equipment in China. It is groundbreaking in the field of large-scale industrialization of metamaterials and takes the lead in the field of scientific and technological innovation. Nowadays, metamaterials have been widely used in China's equipment field and advanced manufacturing industry. due to the accelerated upgrading of new equipment, high external demand promotes the rapid growth of the company's metamaterials business, and the market penetration in the core equipment is gradually increasing. Guangqi technology performance has achieved five consecutive years of growth, 2023 revenue and net profit have reached an all-time high. And the revenue of metamaterials business has increased tenfold in five years, and the compound growth rate has reached 56.89% in five years, laying a solid foundation for the company's continuous record performance. In addition, the company's major development strategy of "1x 7N" has also achieved remarkable results. Dr. Liu Ruopeng revealed that in the process of development and innovation in the field of metamaterial technology, the company has built seven capability platforms: supercomputing, metamaterial microelectronics, advanced composite materials and manufacturing, polymer functional materials, high-precision machining, microwave radio frequency antenna feeding system, advanced inspection and testing, comprehensively empowering all advanced manufacturing fields. Through the effective implementation of this major strategic deployment, Guangqi has provided in-depth program customization, product manufacturing and technical services for many advanced manufacturing industries, such as aircraft manufacturing, electronic equipment, warship manufacturing, drones, intelligent cars, and so on. to promote the innovative development of related industries. If rewarding investors with high-quality and sustainable development from 0 to 1 is the completion of metamaterials from original innovation to industrial application, then "1-7 metamaterials" is a major strategic deployment for the transformation of the scientific and technological innovation achievements of metamaterials into high-quality productive forces. With regard to the scientific and technological achievements of high-tech enterprises as subversive technologies and cutting-edge technology research mentioned by investors, Dr. Liu Ruopeng said that new-quality productive forces have the characteristics of high technology, high efficiency and high quality. in line with the advanced productivity characteristics of the new development concept, scientific and technological innovation is the core element for the development of new productivity. Metamaterials bring the possibility of innovation in various fields through their unique physical properties. Metamaterials can be designed and manufactured with properties and functions that traditional materials do not have. These characteristics and functions make metamaterials have a wide application prospect in aerospace, electronics, communications, medical and other fields. "Today, with the completion of the digital and intelligent management system of the metamaterial technology capability platform, the company has the ability to empower different industries. In the future, the company will also rely on the seven core competencies accumulated in the practice of metamaterial product development to do a good job in the core and underlying technology of new quality productivity and serve the industrial product platform. " "can you give an example to illustrate in which advanced manufacturing areas metamaterial technology has been empowered?" Dr. Liu Ruopeng gave a detailed answer to the issues that investors are more concerned about. "for example, in the aviation field, metamaterials rely on the dual properties of materials and electronic functional products, the company has designed and developed a new type of functional structural products with multiple functions, such as structural mechanical load, electromagnetic information receiving and receiving, electromagnetic modulation, lightning strike protection, body protection and so on. This kind of structural product has received a strong response from the user unit, and finally makes this kind of structural product separated from the traditional body structure, independent into an industrial category, and applied to the latest cutting-edge equipment in our country. " In addition, Dr. Liu Ruopeng also cited the laboratory jointly set up at the end of last year with the Sinochem Central Heavenly Inspection Center to illustrate that in the field of OTA testing of smart vehicles, through the compact field laboratory of Guangqi, it has constructed the far-field conditions that need to travel more than 100 kilometers to meet, and can effectively test the active indicators of the OTA of smart vehicles, and will participate in the formulation of national standards in this field according to various testing indicators in the future. "applications like this show radiant enabling applications in areas such as electronic equipment, warship manufacturing, drones, such as unmanned and relatively low-speed aircraft." With regard to the progress of 709 Base II, Dr. Luan Lin replied that 709 Base II is currently in the stage of equipment installation and is expected to be put into production in the fourth quarter of this year, with a total planned capacity of 2.5 times that of Phase I. In the future, the company will carry out capacity planning according to market demand, and the possibility of expanding capacity can not be ruled out. Finally, Dr. Liu Ruopeng and Dr. Luan Lin also said that in the future, based on the positioning of "becoming an industrial basic platform for advanced manufacturing and enabling the long-term development of the industry", Liuoqi will continue to use emerging technologies to drive the development and empowerment of the industry. to provide customers with smarter and more cost-effective metamaterials products. The company will continue to strengthen communication with investors, and continue to enhance its core competitiveness and market position through continuous innovation, increasing investment in R & D, and expanding new business areas. Promote the growth of both company value and market value. Give back to the majority of investors with excellent business performance, high-quality and sustainable development. " (Wen Sui) proofreading: Zhu Tianting