Great Microwave Technology Co., Ltd. (688270.SS) researches, develops, produces and sells integrated circuit chips and microsystems principally in China. The company offers terminal radio frequency (RF) front-end chips including power amplifiers, low noise amplifiers and RF switches; RF transceiver chips; high-speed and high-precision analog-to-digital converter/digital-to-analog converter (ADC/DAC) products; power management chips; as well as microsystems and modules such as phased array T/R components using multi-chip module and ball grid array packaging technologies. These products serve military applications in wireless communication terminals, communication radar systems and electronic power supply/distribution, alongside expanding civilian uses in mobile communication systems and satellite Internet; the company also provides related technical services. Founded in 2015 and headquartered in Hangzhou, Zhejiang Province, Great Microwave Technology operates four domestic platforms for terminal RF front-end chip design, phased array T/R components and microsystem design, high-density integrated packaging, and electrical performance testing/reliability. In recent developments, the company completed an equity buyback program announced in December 2024 by repurchasing 393,991 shares, or 0.18% of its capital, for CNY 20 million as of October 2025, reflecting confidence in its growth prospects amid projected 15% year-over-year revenue expansion driven by microwave technology demand.