On the 10th of the incident, the company issued an announcement and received the “Notice of Winning Bid” on June 6, 2019, confirming that the company was the winning bidder for the “One Map of Green Water and Green Mountains” project in Zhuhai. The contract amount for the project was RMB 83.6233 million, and the total construction cycle of the project was 365 calendar days, starting from the date the winning bid notice was issued. There have been breakthroughs in satellite big data applications. In the future, promotion companies in Guangdong Province and other provinces and cities received the “Notice of Winning Bid” on June 6, confirming that the company was the winning bidder for the “One Map of Green Water and Green Mountains” project in Zhuhai. The contract amount for the project was RMB 83.623,300. The project will build a remote sensing monitoring data product service system based on the “Smart Zhuhai Integrated Service Platform” and existing achievements, combined with the collection, processing and service of remote sensing data. The main contents include: ① providing satellite remote sensing (multispectral, hyperspectral, radar) images, supported by aerial photography images; ② supporting business customization, designing corresponding data collection methods and collection platform combinations for specific needs to meet specified data standards; ③ Timely response system, based on the domestic remote sensing satellite constellation, using online service platforms and professional operation teams to ensure timely access to government departments Delivery. The company's bid for the “One Map of Green Water and Green Mountains” project is an important achievement in strengthening market expansion and implementing satellite big data applications since the implementation of the company's “satellite big data” strategy. It has pioneered a new model of satellite big data application services, and is of positive significance for the subsequent promotion of data applications. The company will rely on the implementation of this “One Map of Green Water and Green Mountains” project to create and form a model model for satellite big data application services, strengthen efforts to promote applications in Guangdong Province and other provinces and cities, and enhance the company's profitability. The “Zhuhai-1” remote sensing satellite constellation is becoming more and more perfect, and hyperspectral remote sensing satellite applications are being widely used. In November 2014, the State Council issued the “Guiding Opinions of the State Council on Innovating Investment and Financing Mechanisms in Key Areas to Encourage Social Investment”, which proposed: “Encourage private capital to participate in the construction of the country's civil space infrastructure. The company proposed a “satellite big data” strategy in 2014, making full use of its advantages, and continuously improving its industrial layout through capital operations. It has successively acquired three companies, Boya Information, Huiyu Intelligence, and Zhijian Electronics. In 2018, it successfully raised 1,082 million dollars in capital for the “Zhuhai-1” remote sensing micro-nano satellite constellation project. Currently, 7 satellites are in orbit. The company focuses on developing hyperspectral remote sensing satellites, filling the gap in domestic commercial hyperspectral satellite remote sensing data. Hyperspectral remote sensing technology has the unique advantages of high spectral resolution and integrated maps. Compared with traditional remote sensing, it can obtain more spectral spatial information and can provide a wider range of applications in Earth observation and environmental surveys. The main advantages are reflected in the significant increase in the resolution and recognition capabilities of terrain, and the number of imaging channels has greatly increased, making it possible to transform remote sensing from qualitative analysis to quantitative or semi-quantitative. Globally, hyperspectral remote sensing data is scarce. The company's “Zhuhai-1” is the first hyperspectral constellation in China. The hyperspectral remote sensing data conference was held at the end of 2018, marking that the company's satellite big data can now officially provide commercial services, and there is broad scope for future applications. The aerospace electronics business has outstanding advantages, and the military and industrial application market demand is strong. The company is a leader in the domestic SoC chip industry and a pioneer in SIP three-dimensional packaging. In 2003, the company launched S698, the basic chip with SPARC architecture, breaking foreign monopolies. After years of development and accumulation, the company has serialized S698 products in 2010, the company initiated SIP product development, launched SIP-MEM products in 2011, and built Asia's first digital production line for SIP three-dimensional packaging module/systems that meet aerospace standards. The main products include high-capacity data memory, computer system modules, and composite electronic system modules. The company's aerospace electronics products are widely used in aerospace, electronics, nuclear industry, weapons, ships, measurement and control, industrial control and other fields. The company gives full play to the advantages of advanced technology, autonomy and control in SoC, SIP and other series products, seizes market opportunities, promotes product verification and certification work, and continues to pass military certification reviews. In the future, the share of the company's aerospace electronics products in the aerospace and defense industries and their influence at home and abroad are expected to continue to increase. Profit forecast and investment suggestions: The application space for satellite big data is vast, maintaining the “accumulation” rating. As a flagpole company for high-end aerospace processor SoCs in China and a pioneer in three-dimensional package SIP aerospace modules/systems, the company has a leading position in the industry; the company targets future industry trends and national policy directions, lays out remote sensing satellite big data services, and has broad future market space. The company's net profit from 2019 to 2021 is expected to be 2.19, 2.94, and 386 million yuan, respectively, with year-on-year increases of 130.29%, 34.55%, and 31.37% respectively. The corresponding EPS for 19-21 was 0.31, 0.42, and 0.55 yuan respectively, corresponding to the current stock price PE of 35, 26, and 20 times, respectively, maintaining the “increase in holdings” rating.