一、 取消股东大会的相关情况 1. 取消的股东大会的类型和届次 证券代码：600118 证券简称：中国卫星 公告编号：2025-026 2025年第一次临时股东大会 中国东方红卫星股份有限公司 关于取消2025年第一次临时股东大会的公告 特别提示 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 2. 取消股东大会的召开日期：2025 年 10 月 16 日 3. 取消的股东大会的股权登记日 三、 所涉及议案的后续处理 本次股东大会的取消，符合相关法律、行政法规、部门规章、规范性文件和 《公司章程》的规定。公司将积极推进相关工作进展，根据实际情况择期召开董 事会审议相关事项，并决定股东大会会议时间安排。公司将及时履行信息披露义 务。由此给投资者带来的不便深表歉意，感谢广大投资者对公司的理解与支持。 特此公告。 中国东方红卫星股份有限公司董事会 2025 年 10 月 15 日 | 股份类别 | 股票代码 | 股票简称 | 股权登记日 | | --- | --- | --- | --- | | Ａ股 | 600118 | 中国卫星 ...

Core Viewpoint - China Satellite's stock has shown significant growth this year, with a year-to-date increase of 41.33% and a recent surge in trading activity, indicating strong investor interest and market performance [1][2]. Financial Performance - For the first half of 2025, China Satellite reported revenue of 1.32 billion yuan, representing a year-on-year growth of 28.00%. However, the net profit attributable to shareholders was a loss of 30.49 million yuan, a decrease of 458.67% compared to the previous period [2]. - Since its A-share listing, China Satellite has distributed a total of 1.38 billion yuan in dividends, with 148 million yuan distributed over the last three years [3]. Stock Market Activity - As of October 14, China Satellite's stock price was 38.57 yuan per share, with a market capitalization of 45.61 billion yuan. The stock experienced a trading volume of 502 million yuan and a turnover rate of 1.12% [1]. - The stock has appeared on the "龙虎榜" (Dragon and Tiger List) twice this year, with the most recent appearance on September 1, where it recorded a net buy of -107 million yuan [1]. Shareholder Structure - As of June 30, 2025, China Satellite had 126,300 shareholders, a decrease of 5.05% from the previous period. The average number of circulating shares per shareholder increased by 5.31% to 9,364 shares [2]. - Major institutional shareholders include Hong Kong Central Clearing Limited, which increased its holdings to 18.46 million shares, and several ETFs that have also increased their positions in the company [3].

Core Insights - The aerospace equipment sector experienced a 2.27% increase on October 13, with leading gains from LIGONG Navigation, which surged by 18.82% [1] - The Shanghai Composite Index closed at 3889.5, down 0.19%, while the Shenzhen Component Index closed at 13231.47, down 0.93% [1] Sector Performance - LIGONG Navigation (688282) closed at 62.68 with a rise of 18.82%, trading volume of 62,500 shares and a transaction value of 3.64 billion [1] - China Satellite (600118) rose by 3.70% to 37.80, with a trading volume of 562,600 shares and a transaction value of 2.09 billion [1] - Newyu Guoke (300722) increased by 1.48% to 32.22, with a trading volume of 83,900 shares and a transaction value of 268 million [1] - China (601698) saw a 1.46% increase to 21.51, with a trading volume of 407,200 shares and a transaction value of 867 million [1] - Aerospace Electronics (600879) rose by 1.39% to 11.69, with a trading volume of 744,400 shares and a transaction value of 865 million [1] - Aerospace Huayu (688523) increased by 1.38% to 23.59, with a trading volume of 34,000 shares and a transaction value of 79.62 million [1] - Zhongtian Rocket (003009) rose by 1.01% to 50.77, with a trading volume of 38,000 shares and a transaction value of 191 million [1] - StarNet Yuda (002829) decreased by 1.44% to 24.59, with a trading volume of 166,400 shares and a transaction value of 409 million [1] Fund Flow Analysis - The aerospace equipment sector saw a net outflow of 55.25 million from institutional investors and 32.60 million from retail investors, while individual investors contributed a net inflow of 87.85 million [1] - China Satellite (600118) had a net inflow of 28.72 million from institutional investors, while retail investors experienced a net outflow of 33.24 million [2] - China Satellite (601698) recorded a net inflow of 19.86 million from institutional investors, with retail investors seeing a net outflow of 12.50 million [2] - Newyu Guoke (300722) had a net inflow of 10.06 million from institutional investors, while retail investors faced a net outflow of 25.60 million [2] - Aerospace Electronics (600879) experienced a significant net outflow of 86.20 million from institutional investors, while retail investors had a net inflow of 102 million [2]

Investment Rating - The industry investment rating is maintained at "Overweight" [5] Core Viewpoints - The military industry is entering a medium to long-term layout turning point, with significant investment opportunities emerging due to international political turbulence and domestic military modernization efforts [4][5] - The recent unveiling of the J-35 aircraft production line indicates a continuous enhancement of national military strength, which is expected to lead to a rapid development phase in military trade [7] - The acceleration of satellite launches suggests that the commercial aerospace industry is poised for a new phase of rapid growth, benefiting related enterprises in the supply chain [7] Summary by Relevant Sections Recent Industry Performance - Over the past 12 months, the absolute return of the industry is 21.1%, while the relative return compared to the CSI 300 is 4.39% [3] Key Events - The "Peace and Friendship - 2025" joint military exercise between China and Malaysia is set to take place from October 15 to 23, involving over 1,000 personnel and more than 500 pieces of equipment [5] Investment Highlights - The military industry is expected to see a rebound after previous adjustments, with increasing investment value highlighted by the upcoming "14th Five-Year Plan" conclusion and ongoing geopolitical tensions [8] - The report suggests focusing on specific stocks such as AVIC Xi'an Aircraft Industry Group, AVIC Shenyang Aircraft Corporation, and others within the military sector [8]

Core Points - The successful launch of the Long March 2D rocket on October 13, 2023, marks a significant achievement for China Aerospace Science and Technology Corporation [1][3] - The mission involved the deployment of the Shiyan 31 satellite, which is designed for testing new optical imaging technologies [3] - This launch represents the 101st flight of the Long March 2D rocket and the 599th flight of the Long March series rockets [5] Group 1 - The Shiyan 31 satellite and the Long March 2D rocket were both developed by the Eighth Academy of China Aerospace Science and Technology Corporation [3] - The Long March 2D rocket is a two-stage liquid-fueled rocket capable of launching single or multiple satellites into various orbits, with a payload capacity of 1.3 tons to a 700 km sun-synchronous orbit [3] - Since its first flight on August 9, 1992, the Long March 2D rocket has achieved a perfect launch record, completing 100 successful missions [3] Group 2 - The Long March 2D rocket has established a mature and efficient launch process, contributing to its reliability and success in the aerospace industry [3]

Core Viewpoint - The military equipment sector is experiencing a significant upward trend, with notable gains in stock prices for several companies [1] Company Performance - North China Long Dragon has seen its stock price increase by over 10% [1] - Rigol Navigation's stock has risen by more than 7% [1] - Other companies such as Great Wall Military Industry, Jieqiang Equipment, Hengyu Xintong, and China Satellite are also witnessing upward movements in their stock prices [1]

Core Insights - The aerospace equipment sector experienced a 1.4% increase on October 9, with Xingwang Yuda leading the gains [1] - The Shanghai Composite Index closed at 3933.97, up 1.32%, while the Shenzhen Component Index closed at 13725.56, up 1.47% [1] Sector Performance - Xingwang Yuda (002829) closed at 23.90, with a rise of 4.73% and a trading volume of 141,700 shares, totaling a transaction value of 333 million yuan [1] - Zhongtian Rocket (003009) closed at 50.16, up 1.99%, with a trading volume of 36,400 shares and a transaction value of 181 million yuan [1] - China Aerospace (601698) closed at 21.72, increasing by 1.92%, with a trading volume of 484,400 shares and a transaction value of 1.042 billion yuan [1] - Aerospace Electronics (600879) closed at 11.81, up 1.20%, with a trading volume of 805,800 shares and a transaction value of 946 million yuan [1] - China Satellite (600118) closed at 37.29, with a slight increase of 0.81%, trading 486,200 shares for a total of 1.799 billion yuan [1] - Xinyu Guoke (300722) closed at 31.37, down 0.29%, with a trading volume of 44,500 shares and a transaction value of 139 million yuan [1] - Ligong Navigation (688282) closed at 49.68, down 0.52%, with a trading volume of 9,689 shares and a transaction value of 47.55 million yuan [1] - Aerospace Huaiyu (688523) closed at 23.56, down 1.09%, with a trading volume of 39,700 shares and a transaction value of 93.68 million yuan [1] Capital Flow - The aerospace equipment sector saw a net outflow of 75.87 million yuan from institutional investors, while retail investors contributed a net inflow of 90.11 million yuan [1]

证券代码：600118 证券简称：中国卫星 公告编号：临 2025-025 中国东方红卫星股份有限公司 关于召开 2025 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： （一）会议召开时间：2025 年 10 月 17 日（星期五）14:00-15:00 （二）会议召开地点：上证路演中心 （三）会议召开方式：上证路演中心网络互动 https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 10 月 10 日（星期五）至 10 月 16 日（星期四） 16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过 公司邮箱 600118@spacechina.com 进行提问。公司将在说明会上对投 资者普遍关注的问题进行回答。 中国东方红卫星股份有限公司（以下简称"公司"）已于 2025 年 8 月 23 日发布公司 2025 年半年度报告，为便于广大投资者更全面深 入地了解公司 2025 年半年度经营成果、财务状况， ...

中国东方红卫星股份有限公司 2025 年第一次临时股东大会资料 二○二五年十月 | | | | | 中国东方红卫星股份有限公司 2025 年第一次临时股东大会议程 1 | | --- | --- | | | 中国东方红卫星股份有限公司 2025 年第一次临时股东大会表决规则 3 | | 议案 | 1：中国东方红卫星股份有限公司关于修订《公司章程》并取消监事会的议案 4 | | 议案 | 2：中国东方红卫星股份有限公司关于修订《股东大会议事规则》的议案 51 | | 议案 | 3：中国东方红卫星股份有限公司关于修订《董事会议事规则》的议案 62 | | 议案 | 4：中国东方红卫星股份有限公司关于续聘立信会计师事务所为公司 2025 年度审计机 | | | 构及内部控制审计机构的议案 69 | | 议案 | 5.00：关于选举公司第十届董事会非独立董事的议案 73 | | 议案 | 5.01：关于选举李大明先生为公司第十届董事会董事的议案 74 | | 议案 | 5.02：关于选举路明辉先生为公司第十届董事会董事的议案 75 | | 议案 | 5.03：关于选举姚钧先生为公司第十届董事会董事的议案 76 | | ...

Core Insights - The Long March 2D rocket has achieved its 100th successful launch, marking a significant milestone in China's space exploration efforts and showcasing the dedication of aerospace professionals over the past 30 years [1][2] Group 1: Technological Advancements - The Long March 2D rocket has evolved through the adoption of innovative technologies, such as friction stir welding, which addressed issues related to traditional welding methods, enhancing the rocket's structural integrity [1] - The development of new protective coatings for the rocket has improved its performance under various environmental conditions, demonstrating the team's commitment to advancing materials science [2] Group 2: Team Dynamics and Youth Involvement - The current team behind the Long March 2D rocket includes a significant number of young professionals who are actively contributing to the design and engineering processes, indicating a generational shift in the workforce [2] - Collaborative efforts among team members have led to successful innovations, such as the implementation of titanium alloy components and enhanced efficiency in product development [2] Group 3: Achievements and Impact - The Long March 2D rocket has successfully launched over 300 satellites into designated orbits, supporting various applications in remote sensing, mapping, and space science, thereby contributing to China's technological progress [2] - The rocket has also played a role in international launch services, enhancing China's reputation in the global aerospace market [2]