On April 11, Aerospace Macroview (688066.SH) released its 2023 annual report. The latest shareholder list shows that Chaos Investment, owned by Ge Weidong, appeared in the top ten shareholders list with a new entry of over 5.77 million shares, making it the seventh largest shareholder with a 2.21% stake in the total share capital. It is worth mentioning that on October 12, 2023, Liu Gaochang, assistant director of Guosheng Securities Research Institute, forwarded a research report titled "Aerospace Macroview: Leading in Remote Sensing Satellite Applications, Second Growth Curve is Emerging" written by himself and his team on his WeChat moments. Ge Weidong immediately commented: "How come it drops immediately after promotion?" Therefore, rumors have been circulating in the market about Ge Weidong being trapped in Aerospace Macroview's positions. This rumor is essentially confirmed by the latest shareholder list. In terms of stock performance, Aerospace Macroview fell over 17% in the fourth quarter of 2023. From October 8, 2023, to date, Aerospace Macroview has fallen over 56%. As of the closing on April 11, the stock price of Aerospace Macroview was 22.09 yuan per share, with a market value of 5.77 billion yuan. However, recently, due to the company's involvement in low-altitude economy concept, the stock price of Aerospace Macroview also showed some performance, with a 20% surge on March 28 and a further 12.94% increase on March 29. Aerospace Macroview stated on the investor interaction platform that in 2023, the proportion of the company's drone products in operating income was about 4%. The company's drones rely on advanced technologies such as AI, IoT, and remote sensing to build a low-altitude intelligent and low-cost operational system, empowering industries and areas such as land resources, emergency response, environmental protection, and water conservancy. The company continues to improve the drone industrial chain and carry out low-altitude flight support and information services through the integrated advantages of drones, Beidou, and meteorology. According to the data, Aerospace Macroview is based in the domestic satellite application and operation service field, and is also a service provider for spatial data element collection. By launching satellites and investing in building the Nuwa Constellation, it controls the upstream remote sensing data source and is the only domestic company with a commercial radar satellite constellation and a fully autonomous controllable aerospace data source, covering the entire industry chain of satellite applications in the upstream, midstream, and downstream sectors. According to the latest disclosed performance information, Aerospace Macroview achieved operating income of 1.819 billion yuan in 2023, a year-on-year decrease of 25.98%; and a loss of 374 million yuan, compared to an adjusted loss of 264 million yuan in the same period last year, a year-on-year turnaround to a loss. Regarding the decline in performance in 2023, Aerospace Macroview stated that it is mainly due to the company's concentration of customers in the government, large state-owned enterprises, and special fields. Influenced by the pressure of the macroeconomic environment and the suspension of the company's qualification for bidding on military procurement websites, the progress of some projects in bidding and tendering was delayed, resulting in a decrease in new signed order amounts. Additionally, due to the delayed acceptance time of some projects, the company's income decreased year-on-year.