company news about Avic Optoelectronics: became the first successful connector supplier for commercial aircraft in China

  12/19/2022, Optical Fiber Online news, AVic Optronics published a record of recent investor relations activities, introducing the recent company's business situation.

   At present, the domestic epidemic prevention and control situation is relatively severe, but with the continuous optimization of epidemic prevention and control policies, the impact of the epidemic on the production and business activities of the company is also decreasing, and the epidemic is expected to have no significant impact on the completion of the company's annual production plan and business indicators. The company regularly carried out epidemic prevention and control work, actively cooperated with local epidemic prevention and control policies, formulated epidemic prevention and control plans, and fully guaranteed the normal operation of production and delivery. The main impact of the epidemic on the company lies in the delayed delivery of certain suppliers. The company has adopted various measures such as plan adjustment to reduce the impact on production and delivery.

   For the company's fourth quarter revenue profit accounted for a low percentage. Avic Optronics said that the company's products mainly include electronic components, cable components, integrated products and other types. From a historical point of view, affected by customer delivery schedule and product structure changes, the company's revenue and profit scale in the fourth quarter of 2020 and 2021 showed a slightly sequential decrease but a year-on-year increase. In addition, balanced production is being emphasized more in the defense field at this stage. Different from the centralized delivery in the previous four quarters, the product planning and production organization of main engine units and key customers are also advanced, and the overall production schedule of the company will be more balanced throughout the year.

   Avic Optronics pointed out that the company's business areas are mainly divided into the defense sector, new energy vehicle sector, communications and industrial sectors. The state proposes to create a new situation in the modernization of the national defense forces, increase the proportion of new combat forces in new areas and new quality. The demand for defense unmanned equipment and information and innovation fields is constantly rising. The aerospace airworthiness field that the company continues to expand has a large space of development in the future, and the defense field is expected to maintain a stable growth. In the company's private goods business, the new energy vehicle and communication business account for a relatively large proportion. In the first three quarters, the company's new energy vehicle business has achieved rapid growth. The company has made great efforts in the field of mainstream vehicle enterprises and mainstream models of new energy vehicles, and is expected to maintain a rapid growth rate in the future. In addition, data center, intelligent networking, photovoltaic, energy storage, medical care, large industrial manufacturing and other fields have good prospects and still have large room for growth.

     Avic Optronics revealed that the company actively provides supporting products and technical services for domestic large aircraft. The main supporting products include connectors and equipment racks, etc. Many of the company's products have passed the airworthiness certification and been approved into the QPL directory of Comac, becoming the first successful connector supplier for supporting commercial aircraft in China. On the basis of the successful development of the C919 aircraft, the company's products have also been successfully applied to the MA700 aircraft and AG600 aircraft. The company will continue to help the domestic large aircraft grow bigger and stronger.