"Shanghai Hanxun: The overall technical unit and standard-setter of military 4G mobile communication systems. It is a rare innovative military enterprise with independent research and development capabilities for military 4G communication systems. There is no domestic competitor."
Military industry without competitors The leading target, benefiting from the tide of upgrading military communications from 2G to 4G, military 4G is currently in the introduction phase, and there is still much room for penetration. The company is a military 4G standard setter. It is expected that Shanghai Hanxun will usher in 5-10 years Period of continuous growth. Moreover, the company has a forward-looking layout of 5G small base stations, which has a bright future for military and civilian use.
describes it in one sentence, that is, a core supplier of military communications without competitors. In the process of military communications jumping from 2G to 4G, the company will usher in a 5-10 year period of rapid and continuous growth.
1. Shanghai Hanxun is a leading domestic core supplier of military 4G communication equipment, and there is no domestic competitor. Supporting products, such as command and dispatch software, provide overall solutions for broadband mobile communication systems to users in the military and other industries.
is the overall technical unit and standard-setter of military 4G mobile communication systems, and is one of the few innovative military enterprises in China that has independent research and development capabilities for military 4G communication systems.
At present, among several listed military communication equipment companies, Shanghai Hanxun is the only company that mainly focuses on military 4G communication equipment, while the others are mostly military shortwave communications and navigation equipment, and do not constitute direct competition with Shanghai Hanxun. . Among them, 712 is the core supplier of military communication shortwave radio stations. About 80% of its annual revenue is military products. The military wireless communication business of Hager Communications accounts for about 8%. Fiberhome Electronics is mainly engaged in military wireless shortwave communication and aviation search and rescue positioning. Equipment, locomotive (vehicle) internal communication systems, etc. The products are mainly shortwave radio stations.
2. Benefiting from the trend of upgrading military communications from 2G to 4G, Shanghai Hanxun is expected to usher in a continuous growth period of 5 to 10 years
1) The upgrade of military communications from 2G to 4G is the general trend. At present, my country's military communications are still dominated by 2G communications, which cannot meet the needs of information warfare such as the sensitivity of the battlefield situation and the rapid transmission of combat commands in terms of bandwidth, transmission rate, and integration;
, while military 4G communications have high bandwidth and transmission rates. Fast and other characteristics can meet the operational needs of various types of text, image and video and other large data business transmission, and obtain battlefield situation information at any time. Therefore, the upgrade of military communications to 4G is the general trend.
2) Military 4G is currently in the introduction phase, and there is still much room for improvement in penetration rate. Shanghai Hanxun, as the first domestic military 4G communication system general equipment model development project technical unit, its first model equipment was finalized in 2016, currently only a small number of military arms are installed; future finalized products have vertical (extended downwards) ) The dual logic of horizontal (expanding military applications) penetration rate increase, and there are still 7 models under research to provide continuous growth momentum.
3) 712 is a representative of military 2G communication equipment manufacturers, and is currently entering a period of high performance growth; looking forward to the next 5 years, as the penetration rate of military 4G rapidly increases, Shanghai Hanxun as a core supplier of military 4G equipment will enter rapid growth period.
3. Forward-looking layout of 5G small base stations, broad prospects for military and civilian sharing
small base stations-communication equipment that is much smaller than traditional macro base stations in terms of product form, transmission power, and coverage, and can be used as a supplement to macro base stations. Macro base station deployment cost.
1) The military field can increase the coverage of military communications and improve the overall application efficiency of broadband communications;
2) The civilian field faces the market for special industries such as public safety, emergency management, rail transit, power and water conservancy, and achieves indoor coverage and outdoor hot spots Blind filling and other functions.
3) The company plans to raise an additional 243 million yuan for the 5G small base station project, with an estimated construction period of 4 years.
