Group 1 - The company, AVIC Aircraft (600372.SH), announced that as of January 31, 2026, it has repurchased a total of 16,018,100 shares through centralized bidding, which represents 0.33% of the company's total share capital [1] - The highest repurchase price was RMB 13.56 per share, while the lowest price was RMB 11.70 per share [1] - The total amount paid for the repurchased shares was RMB 199,890,972.10, excluding transaction fees [1]

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： | 回购方案首次披露日 | 2025/4/19，由董事长提议 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 4 4 20 日 | 月 | 21 | 日~2026 | 年 | 月 | | 预计回购金额 | 30,000.00万元（含）~50,000.00万元（含） | | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | | □为维护公司价值及股东权益 | | | | | | | 累计已回购股数 | 1,601.81万股 | | | | | | | 累计已回购股数占总股本比例 | 0.33% | | | | | | | 累计已回购金额 | 19,989.0972万元 | | | | | | | 实际回购价格区间 | 11.70元/股~13.56元/股 | | | | | | 一、 回 ...

Core Insights - The report emphasizes the growth potential in the commercial aerospace and large aircraft sectors, highlighting the importance of the defense and military industry in these areas [2][3] Group 1: Industry Overview - The Chinese aerospace sector is set to advance with initiatives like the "Tian Gong Kai Wu" plan, focusing on space tourism, smart infrastructure, and resource development [13] - The commercial aircraft and aerospace sectors are experiencing sustained high demand, with a focus on self-reliance in aviation engine development and the establishment of a strong aviation industry [14] Group 2: Investment Recommendations - The report identifies three key investment themes based on the "S-curve" evolution: 1. Supply chain reform and maintenance growth, recommending companies like AVIC Power and AVIC Control [15] 2. Expansion into overseas markets and civilian applications, recommending companies such as Guorui Technology and China Power [15] 3. New emerging industries like commercial aerospace and AI, recommending companies like Ruichuang Micro-Nano and Feilihua [15] Group 3: Company Analysis - AVIC Power is positioned as a core supplier in the aviation sector, benefiting from high-end aircraft production and potential market share growth in the civil aviation engine sector [21] - AVIC Heavy Machinery is expected to see revenue growth due to its comprehensive product offerings in aviation and engine sectors, with a focus on high-value components [23] - Guorui Technology is leveraging its radar business and low-altitude safety solutions, with projected revenue growth driven by defense modernization and low-altitude economic development [20] - Feilihua is a leading supplier of quartz materials for aerospace and semiconductor industries, benefiting from ongoing demand in both sectors [19] - Ziguang Guowei is focusing on the IC industry, with significant growth expected in the AI and communication sectors, emphasizing its competitive advantages in domestic and international markets [18]

投资建议与投资标的 国防军工行业 行业研究 | 行业周报 看好（维持） 国家/地区 中国 行业 国防军工行业 报告发布日期 2026 年 02 月 01 日 | 罗楠 | 执业证书编号：S0860518100001 | | --- | --- | | | luonan@orientsec.com.cn | | | 021-63326320 | | 冯函 | 执业证书编号：S0860520070002 | | | fenghan@orientsec.com.cn | | | 021-63326320 | | | baobingwen@orientsec.com.cn | | --- | --- | | 鲍丙文 | 执业证书编号：S0860124070016 021-63326320 | | 星网管理层正式调整，大规模招标近期或 | 2026-01-26 | | --- | --- | | 将开启，继续看好商业航天表现 | | | 商业航天近期调整不改中长期产业趋势， | 2026-01-19 | | 关注大飞机国际化认证进展 | | | 我国新申请近 20 万颗卫星轨道资源，凸显 | 2026-01-11 | ...

证券日报网讯1月30日，中航机载（600372）在互动平台回答投资者提问时表示，公司高度重视市值管 理，通过提升经营业绩、回购、利润分配、投资者关系管理等手段，不断提升资本市场表现。 ...

Group 1 - The core viewpoint of the article is that the company, AVIC (Aviation Industry Corporation of China), is involved in the reusable rocket project through its subsidiaries, providing supporting services [2] Group 2 - The company responded to investor inquiries on its interactive platform regarding its involvement in the reusable rocket project [2] - The announcement indicates a strategic focus on aerospace technology and innovation within the company [2] - This involvement may position the company favorably in the growing space industry, which is increasingly focusing on sustainability and cost-effectiveness [2]

证券日报网讯1月30日，中航机载（600372）在互动平台回答投资者提问时表示，中航环球文化科技(北 京)有限公司为公司实际控制人中国航空工业集团有限公司下属单位。 ...

证券日报网讯1月30日，中航机载（600372）在互动平台回答投资者提问时表示，西安翔腾微电子科技 有限公司业务涉及芯片设计和应用。 ...

证券日报网讯1月30日，中航机载（600372）在互动平台回答投资者提问时表示，截至2026年1月20日收 盘，公司持股人数为213910户。 ...

Market Overview - The aviation equipment sector experienced a decline of 2.1% on January 30, with Hai Te Gao Xin leading the drop [1] - The Shanghai Composite Index closed at 4117.95, down 0.96%, while the Shenzhen Component Index closed at 14205.89, down 0.66% [1] Stock Performance - Notable gainers in the aviation equipment sector included: - Zongheng Co., Ltd. (688070) with a closing price of 64.50, up 6.65% [1] - Beimo Gaoke (002985) at 40.18, up 6.07% [1] - ST Guanqu (688287) at 5.44, up 4.21% [1] - Guanglian Aviation (300900) at 38.41, up 4.09% [1] - Major decliners included: - Hai Te Gao Xin (002023) at 12.23, down 10.01% [2] - Zhonghang Heavy Machinery (600765) at 18.71, down 5.79% [2] - Yanle Da (300696) at 32.06, down 5.15% [2] Trading Volume and Capital Flow - The aviation equipment sector saw a net outflow of 1.748 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.584 billion yuan [2] - The trading volume for selected stocks showed significant activity, with Beimo Gaoke recording a transaction amount of 16.65 billion yuan [1][2] Individual Stock Capital Flow - Beimo Gaoke (002985) had a net inflow of 116 million yuan from institutional investors, while it faced a net outflow of 1.4 billion yuan from speculative funds [3] - Hongdu Aviation (600316) saw a net inflow of 91.41 million yuan from institutional investors, but a net outflow of 8.32 million yuan from retail investors [3] - Guangqi Technology (002625) had a net inflow of 44.63 million yuan from institutional investors, with a net outflow of 38.19 million yuan from retail investors [3]