The risks and countermeasures the company faces. 1. The characteristics of military products lead to fluctuations in the company's sales revenue. The company's military products have strong planning characteristics. Due to the specific needs of end users and their annual procurement plans and international situation, orders generally have the characteristics of sudden large orders. The specific items, quantity and delivery time are not present. Balanced, which may increase or decrease seasonal fluctuations in the company's sales revenue. Therefore, investors cannot simply predict the full-year performance by performance in a quarter or half year.
2. Business management risks. According to the company's long-term development strategy, the company is now in the "new era" of comprehensive innovation laser pointer development and refined management. The company will build a high-tech private group that is in line with the national military-civilian integration policy and has continuous innovation capability. Some organizational structures, management methods, and resource allocations are adjusted and improved, and the company may face new challenges in the process. In this regard, the company will understand the situation from all levels, carry out a comprehensive investigation, and arrange to improve and supplement the company's management structure, system and mechanism without affecting the company's normal production and operation, and help the company's long-term development.
3. Part of the information exempted from disclosure or decryption may affect the risk of investors' judgment on the value of the company. As a private military industrial enterprise, the company is a national second-class confidential unit. The company undertakes the research and production tasks of related military products on a daily basis. As the military products involve state secrets, the company applies to the industry authorities for information disclosure exemption or decryption treatment. The way in which disclosure is made may affect the investor's correct judgment of the company's value and the risk of making investment decisions. In this regard, the company will strictly follow the information disclosure rules, and then announce the matters that meet the information disclosure standards, and strengthen the communication with investors to increase corporate transparency.