BDStar Navigation(002151)2025-03-03 07:52Group 1: Business Overview - The company's main businesses include chips and data services, navigation products, and ceramic components, focusing on "IoT chips, next-generation PNT chips, cloud services, and antennas" [1] - The data services offered by the company include cloud-enhanced services for improved positioning accuracy, cloud-assisted services for rapid positioning, and marine fishery location data services [1][2] Group 2: Subsidiary Operations - The company's subsidiary, ZhenDian Technology, specializes in GNSS data operation and service, providing precise, fast, stable, and high-quality location data services to global enterprises and users [2] Group 3: Employee and Financial Changes - The employee count decreased in 2023 due to the sale of 15% of Beidou Zhili's equity, focusing on core business after divesting the automotive electronics business [3] - The forecast for 2024 indicates a decline in performance compared to 2023, primarily due to the divestiture of the automotive electronics business, resulting in a decrease of approximately 390 million CNY in investment income and a reduction of about 130 million CNY in net profit attributable to the parent company [4] Group 4: Fund Utilization Adjustments - The company adjusted the use of raised funds to optimize internal resource allocation, reducing the investment in the "R&D infrastructure project" and reallocating funds to the development and industrialization of low-power Beidou GNSS SoC chips for IoT applications, aligning with market demand [5]