Because Zhongxun Sifang was established in 2005, the New Third Board was listed on 20 10, and the listing history reached 10. Most of the new third board enterprises are listed after 20 14.
Looking back on the development history of China News Quartet, it has been constantly expanding its territory. However, the revenue increased slightly, and the profit continued to decline until the loss.
The company has great ambitions, from the upstream acoustic meter devices (SAW filters, SAW filter banks, SAW delay lines) to the midstream microwave components (transceiver components, connecting components, detection components, etc.), which are applied to military radar, navigation, guidance, civil mobile phone base stations, short-wave communication relay stations, wireless communication, wireless transmission and so on. ) and downstream (system integration, training simulator, etc. ).
For big companies, the problem is not big. But for a small company, the result of doing everything is often bad.
In the process of expansion, Zhongxun Sifang also played cross-border and intervened in less relevant fields such as agricultural plant protection drones.
In 20 10, the 26th Institute of China Electric Power Group accounted for about 60% of the market share in the field of military products of sound meter devices, with Changfeng Wind Meter Company accounting for about 30% and Zhongxun Sifang accounting for about 10%.
According to the data of Puhua Industrial Research Institute of Academia Sinica, the domestic market demand for microwave components exceeds 1 1000 billion yuan, and the military field is mainly used for communication, radar and electronic countermeasures, with the market demand exceeding 80 billion yuan, and the civilian field is mainly wireless communication and automotive millimeter-wave radar, with the market demand exceeding 30 billion yuan.
The largest businesses in the field of military microwave components in China are two factories, two of which are CLP 13 and CLP 55. The first factory was Yaguang Electronics, formerly a state-owned enterprise, which was later acquired by Yaguang Technology. From the perspective of private manufacturers, Jinhang Technology (subsidiary Changsha Shaoguang), Tian Jian Technology, Hongxiang Co., Ltd. (subsidiary Hefu Xingbo), Leike Defense (subsidiary Bohai Venture, Xi 'an Hengda), Wantong Technology (Chengdu Saiying) and Hetai (Changcheng Technology) are relatively large.
After Lu Sheng Communication (002446) acquired Nanjing Hengdian and Chengdu Innovators, the revenue scale of military business in 20 19 reached 297 million, and the combined net profit of Nanjing Hengdian and Chengdu Innovators reached 84.83 million. In the field of military microwave components and systems business, the business scale ranks first among private enterprises.
Zhongxun Sifang's 20 19 microwave revenue is 78.36 million, which is far from Yaguang Technology, Jinhang Technology and Lu Sheng Communication, and its market share is very small.
Therefore, China News Quartet is not the leader in every field, and the gap with the industry leader is very large, and there is not much competitive advantage in every field.
The problem of China News Quartet boils down to one sentence: strength cannot support ambition.
Company profile:
1. Full name of the company: Beijing Zhongxun Sifang Technology Co., Ltd.
2. Date of establishment: September 23, 2005
3. Actual controller: Zhang, Zhang.
4. Legal Representative: Dong Qiming
5. Company Tel: 0 10-58937383-807
6. Company mailbox :nanyu@bjzxsf.com.cn
7. Huiji Firm: Zhongshenhua Certified Public Accountants (special general partnership)
8. Main business: R&D, production and sales of microelectronic devices (mainly sound meter devices), microwave components and communication system integration.
9. Industry classification: information technology-technical hardware and equipment
10. Registered address: Floor 3, Building 3, Fengxiu Middle Road, Haidian District, Beijing 10 1-3-30 1.
1 1. Office address: Floor 3, Building 3, Fengxiu Middle Road, Haidian District, Beijing 10 1-3-30 1.
12. Company Profile: The company is a private high-tech enterprise specializing in the design and production of series products such as surface acoustic wave devices. The company's main products include SAW filters, SAW filter banks, SAW resonators, SAW delay lines, etc.