Gelonghui, Feb. 23 | Covex Technology (688788.SH) said on the investor interactive platform that currently mainstream chips in baseband chip application scenarios include FPGA and DSP chips, and industry partners are mainly chip companies, research institutes, etc. Compared with the above chips, the company's self-developed intelligent wireless communication baseband chip has the advantages of low power consumption, strong performance, and can also meet the needs of localization, and can be used in various scenarios such as national defense, emergency response, security, smart cities, and special industries. The company's first-generation intelligent wireless communication baseband chip has been successfully streamed. At present, the debugging of various functions has been completed, and it has been used in many complete products such as broadband ad hoc network terminals and **ad hoc network radios. A new generation of intelligent radio baseband processing chips is already being designed and is close to the streaming stage, and the company is actively expanding related applications.