星图测控成立于2016年12月14日，于2025年1月2日在北京证券交易所上市，注册地址和办公地址均位于安 徽合肥。该公司是国内航天测控领域的新秀，核心业务为航天测控管理与航天数字仿真，具备全产业链服 务能力。 星图测控主营业务涵盖航天测控管理与航天数字仿真，所属申万行业为计算机 - IT服务Ⅱ - IT服务Ⅲ，涉 及北斗导航、DeepSeek概念、商业航天（航天航空）核聚变、超导概念、核电等概念板块。 经营业绩：营收行业第108，净利润第31 董事长胡煜2020年上任，2024年薪酬81.04万 星图测控控股股东为中科星图股份有限公司，实际控制人为中国科学院空天信息创新研究院。董事长胡 煜，1976年6月出生，硕士研究生学历，中国国籍，高级工程师。他在航天领域经验丰富，2020年至今任 公司董事长，2024年薪酬为81.04万。总经理牛威，1975年11月出生，硕士研究生学历，中国国籍，高级工 程师，2017年至今任公司董事、总经理。 A股股东户数较上期增加13.27% 截至2025年6月30日，星图测控A股股东户数为1.27万，较上期增加13.27%；户均持有流通A股数量为 2878.33，较上期增加23 ...

二、 说明会召开的时间、地点 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 中科星图测控技术股份有限公司 2025 年第三季度报告业绩说明会预告公告 证券代码：920116 证券简称：星图测控 公告编号：2025-105 一、 说明会类型 中科星图测控技术股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日在北京证券交易所指定信息披露平台（www.bse.cn）发布了《2025 年三季度 报告》（公告编号：2025-104），为加强与投资者的交流，使投资者更加全面、 深入地了解公司情况，公司拟召开 2025 年第三季度报告业绩说明会，与投资者 进行沟通和交流，广泛听取投资者的意见和建议。 （一）会议召开时间：2025 年 11 月 5 日（星期三）15:00-16:30。 （二）会议召开地点 1.现场会议地点：北京市海淀区中关村壹号 F1 座会议室 2.网络会议地址：价值在线（www.ir-online.cn） 本次业绩说明会将采用现场和网络相结合的方式举行，投资者可通过网址 http ...

证券代码：920116 证券简称：星图测控 公告编号：2025-103 中科星图测控技术股份有限公司 第一届董事会第二十八次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 10 月 30 日 2.会议召开地点：公司会议室 3.会议召开方式：现场结合通讯方式 4.发出董事会会议通知的时间和方式：2025 年 10 月 25 日以邮件方式发出 5.会议主持人：董事长胡煜 6.会议列席人员：部分高级管理人员 7.召开情况合法合规的说明： 本次会议召集、召开、议案审议程序等方面符合《公司法》和《公司章程》 的有关规定。 （二）会议出席情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 二、议案审议情况 指南第 6 号——定期报告相关事项》等法律法规、规范性文件、《公司章程》以 及《中科星图测控技术股份有限公司信息披露管理制度》的相关规定，公司根据 2025 年三季度生产经营情况及 2025 年三季度财务数据，相应编 ...

2025 年 10 月 26 日 北交所研究团队 公报提出加快建设航天强国，关注北证航空航天稀缺标的 zhuhaibin@kysec.cn 证书编号：S0790522080007 二十届四中全会公报提出加快建设航天强国，关注北证航空航天稀缺标的 2025 年 10 月 23 日，二十届四中全会公报披露，"加快建设制造强国、质量强国、 航天强国、交通强国、网络强国"。2025 年 10 月 20 日报道，可重复使用火箭朱 雀三号首飞箭顺利完成加注合练及静态点火试验，进入首飞关键准备阶段，10 月 16 日我国成功将卫星互联网低轨 12 组卫星发射升空，10 月 24 日，我国成功 将"千帆星座"第六批组网卫星送入预定轨道。北交所现阶段在航空航天、军工 方向企业数量达到 20 家，截至 2025 年 10 月 24 日总市值达到 760.32 亿元。关 注星图测控、富士达、创远信科等。星图测控（920116.BJ）具备卫星全生命周 期健康管理及测控装备一体化设计与智能管控等核心技术，研发了具有完全知识 产权、国产自主的洞察者系列产品。富士达（835640.BJ）主营业务为射频同轴 连接器、射频同轴电缆组件、射频电 ...

Macro Strategy - The LPR remained unchanged in September, with the 1-year and 5-year rates at 3.00% and 3.50% respectively, reflecting a stable monetary policy in China [3] - A-shares experienced a high-level fluctuation with the Shenzhen Component Index rising by 1.06% and the ChiNext Index increasing by 1.96% during the week of September 22-26, 2025, driven by positive market sentiment and expectations of favorable policies [4] Industry Overview - The semiconductor and wind power equipment sectors showed strong performance with weekly increases of 7.64% and 6.00% respectively, while the tourism and hotel sectors faced declines of -11.65% and -8.38% [6] - The communication equipment and components sectors have seen cumulative gains of 95.45% and 91.96% respectively since the beginning of 2025 [6] North Exchange Market - As of September 26, 2025, the North Exchange had 277 listed stocks, with an average total market value of 883.56 billion, a decrease of 4.14% from the previous week [9] - The liquidity in the North Exchange decreased, with average trading volume dropping by 20.67% to 9.10 billion shares [11] New Materials Industry - The rare earth magnetic materials sector declined by 1.54% this week, underperforming the benchmark [15] - Prices for rare earth minerals continued to adjust, with mixed carbonated rare earth ore prices falling by 2.63% to 3.57% [16] Medical Consumables Industry - Aibo Medical's extended depth of focus intraocular lens received approval, indicating growth potential in the high-end segment of the artificial lens market driven by an aging population [21] - The market for high-value consumables is expected to benefit from recent policy changes and the ongoing demand for diverse medical supplies [24]

Core Viewpoint - The A-share IPO market has demonstrated strong resilience and vitality in 2023, with significant fundraising achievements despite a complex global macroeconomic environment. Group 1: IPO Market Performance - In the first three quarters of 2023, A-shares issued 75 new stocks, an increase from 69 in the same period last year, indicating a steady upward trend [1][2] - The total fundraising amount for IPOs reached 743.72 billion yuan, a year-on-year increase of 265 billion yuan, primarily driven by Huadian New Energy's 181.71 billion yuan fundraising [1][2] - The average first-day increase for the 75 new stocks was 244%, nearly 100 percentage points higher than the same period last year, with no new stock experiencing a decline on its debut [1][2][10] Group 2: Fundraising Structure - The fundraising structure showed a pattern of "one company dominating, with smaller averages," where the average and median fundraising amounts were 9.92 million yuan and 5.5 million yuan, respectively [2][3] - Huadian New Energy was the only large-scale IPO this year, accounting for 24.4% of the total fundraising amount [2][3] Group 3: Sector Analysis - The ChiNext board led in the number of IPOs with 27 new stocks raising a total of 195.34 billion yuan, while the Shanghai Stock Exchange's main board led in total fundraising with 372.84 billion yuan [5] - The Hong Kong Stock Exchange ranked first globally in IPO fundraising, with 66 new stocks raising over 180 billion HKD, and four of the top five fundraising companies were A-share listed companies going public in Hong Kong [6] Group 4: Investor Sentiment and Market Trends - The significant increase in the "money-making effect" of new stocks is attributed to an overall market recovery, increased risk appetite, and the high quality of new stocks [10] - Major indices in the A-share market have rebounded, with the ChiNext 50, ChiNext Index, and North Exchange 50 rising over 50% this year, boosting investor confidence [10]

Group 1 - The core viewpoint of the report is that Zhongyou Securities has given a "buy" rating to Xingtou Measurement and Control (920116.SH) based on its expected revenue growth and profitability improvements [1] - By the first half of 2025, special business revenue is projected to account for approximately two-thirds of total revenue, driven by software sales and ground system construction [1] - The rapid development of domestic commercial aviation is highlighted, with the company establishing a comprehensive industry chain and enhancing its space cloud product system [1]

Investment Rating - The report initiates coverage with a rating of "Buy" for the company [2][8] Core Insights - The company reported a revenue of 0.99 billion yuan for the first half of 2025, reflecting a year-on-year growth of 21.9%. The gross margin was 54.57%, an increase of 1.39 percentage points, and the net profit attributable to shareholders was 0.32 billion yuan, up 24.26% year-on-year [5][6] - The company is strategically positioning itself in the commercial aerospace sector, aiming to build a comprehensive industry chain and enhance its space cloud product system [7] - Revenue from specialized services accounted for approximately two-thirds of total revenue, with significant contributions from software sales and ground system construction [6] Financial Performance - The company forecasts revenues of 3.63 billion yuan, 4.57 billion yuan, and 5.79 billion yuan for 2025, 2026, and 2027, respectively, with year-on-year growth rates of 25.80%, 25.98%, and 26.65% [8][10] - The projected net profit attributable to shareholders for the same period is 1.09 billion yuan, 1.41 billion yuan, and 1.80 billion yuan, with growth rates of 28.28%, 29.12%, and 28.06% [8][10] - The company’s earnings per share (EPS) is expected to increase from 0.53 yuan in 2024 to 1.13 yuan in 2027 [10][11] Market Context - The domestic commercial aerospace sector is rapidly developing, with 35 rocket launches and 153 payloads sent into orbit in the first half of 2025, marking a nearly 17% increase year-on-year [7] - The company is expanding its ground station network and exploring the development of a space perception constellation to meet the growing demand for space traffic management and data transmission [7]

中信建投证券股份有限公司 关于中科星图测控技术股份有限公司 2025 年半年度持续督导跟踪报告 根据《证券发行上市保荐业务管理办法》《北京证券交易所股票上市规则》 （以下简称《上市规则》）等有关法律法规、规范性文件等的规定，中信建投证 券股份有限公司（以下简称"中信建投""保荐机构"）作为中科星图测控技术股 份有限公司（以下简称"星图测控""公司"）的保荐机构，负责星图测控的持续 督导工作，并出具 2025 年半年度持续督导跟踪报告。 一、持续督导工作概述 | 项目 | 工作内容 | | --- | --- | | 1、公司信息披露审阅情况 | 保荐机构及时审阅了公司信息披露文件。 | | 2、督导公司建立健全并有效执行 | 保荐机构督导公司建立健全规则制度（包括但不限于根 | | 规则制度的情况 | 据新《公司法》及《上市规则》的规定，修改完善公司 | | | 治理制度，本督导期内，星图测控有效执行了规则制度。 | | 3、募集资金使用监督情况 | 保荐机构定期查阅公司募集资金账户对账单，核查公司 | | | 募集资金使用情况；前往公司现场核查募集资金使用情 | | | 况。本督导期内，星图测控募集资金存放 ...

证券代码：920116 证券简称：星图测控 公告编号：2025-101 中科星图测控技术股份有限公司 2025 年第三次临时股东会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 1.会议召开时间：2025 年 9 月 12 日 2.会议召开地点：北京市海淀区永旭北路中关村壹号 F1 座会议室 3.会议召开方式：现场投票、网络投票 4.会议召集人：董事会 5.会议主持人：张子航 6.召开情况合法合规的说明： 本次股东会的召集及召开时间、方式、召集人及主持人符合《中华人民共 和国公司法》《公司章程》及《股东会议事规则》等相关规定。 （二）会议出席情况 一、会议召开和出席情况 （一）会议召开情况 出席和授权出席本次股东会的股东共 8 人，持有表决权的股份总数 115,517,000 股，占公司有表决权股份总数的 72.2998%。 其中通过网络投票参与本次股东会的股东共 6 人，持有表决权的股份总数 107,411,000 股，占公司有表决权股份总数的 67.2264%。 （三）公司董事、监事、高级 ...