Core Insights - The company, AVIC Chengfei, reported that as of October 20, 2025, the total number of shareholders is 71,674 [2] Company Summary - AVIC Chengfei has engaged with investors through an interactive platform, providing updates on shareholder numbers [2] - The company is actively communicating with its investors, indicating a focus on transparency and shareholder engagement [2]

Group 1 - The core point of the article is that China Aviation Engine Technology Co., Ltd. (航发科技) experienced a 5.02% drop in stock price, closing at 27.24 CNY per share, with a trading volume of 291 million CNY and a turnover rate of 3.16%, resulting in a total market capitalization of 8.993 billion CNY [1] - The company, established on December 28, 1999, and listed on December 12, 2001, specializes in the research, development, manufacturing, sales, and service of aircraft engines and gas turbine components [1] - The revenue composition of the company includes 63.59% from domestic aviation and related products, 35.26% from foreign trade outsourcing, and 1.15% from industrial and civilian products and others [1] Group 2 - From the perspective of major circulating shareholders, the fund "交银国企改革灵活配置混合A" (519756) entered the top ten circulating shareholders of航发科技 in the second quarter, holding 2.4031 million shares, which accounts for 0.73% of the circulating shares [2] - The estimated floating loss for this fund today is approximately 3.4605 million CNY [2] - The fund was established on June 10, 2015, with a latest scale of 2.133 billion CNY, achieving a year-to-date return of 12.06% and a one-year return of 15.95% [2] Group 3 - The fund manager of "交银国企改革灵活配置混合A" is Shen Nan, who has been in the position for 10 years and 169 days, managing a total fund size of 4.352 billion CNY [3] - During his tenure, the best fund return was 197.78%, while the worst return was -3.84% [3] Group 4 - The fund "交银国企改革灵活配置混合A" holds航发科技 as its fourth-largest heavy stock, with 2.4031 million shares, accounting for 3.22% of the fund's net value [4] - The estimated floating loss for this position is also approximately 3.4605 million CNY [4]

Core Viewpoint - The military industry sector experienced a notable increase in early trading, with specific companies such as Chengfei Integration reaching the daily limit increase, and AVIC Chengfei rising over 5% [1] Group 1: Company Performance - Chengfei Integration achieved a limit-up increase in stock price [1] - AVIC Chengfei saw a rise of more than 5% in its stock price [1] - Other companies such as Lijun Co., Guihang Co., and Sifang Co. also experienced upward movement in their stock prices [1]

Market Overview - On October 13, the aviation equipment sector rose by 0.67% compared to the previous trading day, with Hangya Technology leading the gains [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] Stock Performance - Key stocks in the aviation equipment sector showed significant gains, with Hangya Technology closing at 26.62, up 4.89%, and Hangfa Technology at 29.44, up 4.88% [1] - Other notable performers included Hengyu Xintong, which rose by 4.76% to 64.86, and Huohuo Electronics, which increased by 4.61% to 11.57 [1] Trading Volume and Value - The trading volume for Hangya Technology was 69,600 shares, with a transaction value of 181 million yuan [1] - Hangfa Technology had a trading volume of 240,500 shares, resulting in a transaction value of 696 million yuan [1] Capital Flow - The aviation equipment sector experienced a net inflow of 126 million yuan from institutional investors, while retail investors saw a net outflow of 326 million yuan [2][3] - The sector's overall capital flow indicates a strong interest from institutional and speculative investors, despite the outflow from retail investors [2][3] Individual Stock Capital Flow - Western Superconductor had a net inflow of 229 million yuan from institutional investors, representing 6.82% of its total capital flow [3] - Hangfa Power saw a net inflow of 189 million yuan, accounting for 11.27% of its capital flow, while Huohuo Electronics had a net inflow of 43.85 million yuan, making up 8.59% [3]

Core Points - The stock of Aviation Industry Corporation of China (航发科技) increased by 5.02% to 29.48 CNY per share, with a trading volume of 626 million CNY and a turnover rate of 6.56%, resulting in a total market capitalization of 9.732 billion CNY [1] Company Overview - Aviation Industry Corporation of China was established on December 28, 1999, and listed on December 12, 2001. The company is located in Chengdu, Sichuan Province, and specializes in the research, development, manufacturing, sales, and service of aircraft engines and gas turbine components [1] - The main business revenue composition includes: 63.59% from domestic aviation and derivative products, 35.26% from foreign trade outsourcing, and 1.15% from industrial and civilian products and others [1] Shareholder Information - Huashang New Trend Preferred Mixed Fund (华商新趋势优选混合, 166301) entered the top ten circulating shareholders of Aviation Industry Corporation of China in the second quarter, holding 1.7999 million shares, which accounts for 0.55% of the circulating shares. The estimated floating profit today is approximately 2.5379 million CNY [2] - The fund was established on September 6, 2012, with a latest scale of 4.469 billion CNY. Year-to-date returns are 42.34%, ranking 1711 out of 8234 in its category; the one-year return is 38.59%, ranking 1914 out of 8083; and since inception, the return is 1260.1% [2] Fund Manager Profile - The fund manager of Huashang New Trend Preferred Mixed Fund is Tong Li, who has been in the position for 9 years and 187 days. The total asset scale of the fund is 6.885 billion CNY. The best fund return during his tenure is 236.47%, while the worst return is -18.31% [3]

Core Insights - The defense and military industry is experiencing a positive trend, with the aerospace ETF (159227) rising by 0.59% and achieving a trading volume of 1.32 billion yuan, indicating strong investor interest [1] - The year 2025 is highlighted as a critical period for equipment upgrades and the release of concentrated orders, driven by the "14th Five-Year Plan" and the emerging "15th Five-Year Plan" [1] - Geopolitical conflicts in 2025 are expected to enhance the value of Chinese military enterprises, particularly in the military trade sector, as their equipment undergoes real-world testing [1] Industry Overview - The aerospace ETF (159227) tracks the Guozheng Aerospace Index, which has a high concentration of core companies in the Chinese military industry, covering sectors such as large aircraft and low-altitude economy [2] - The military industry accounts for 98.2% of the index's composition, with a higher focus on aerospace and military equipment compared to other indices, emphasizing the importance of air and space power in modern warfare [2] - The industry has a high technical barrier, and the value contribution within the military supply chain is significant, indicating strong growth potential [2]

Group 1 - The company is convening its second extraordinary general meeting of shareholders in 2025 on October 29, 2025, at 14:00 in Chengdu [2][5] - The meeting will utilize a combination of on-site and online voting methods [2] - The online voting system will be the Shanghai Stock Exchange's shareholder meeting online voting system, available on the same day from 9:15 to 15:00 [3] Group 2 - The meeting will be attended by shareholders registered by the close of trading on the registration date, and they may appoint proxies to attend and vote [10] - The registration for attendance will take place on October 28, 2025, from 9:00 to 17:00 at the designated location [15] - The meeting is expected to last half a day, with attendees responsible for their own accommodation and meals [16]

证券代码：600391 证券简称：航发科技 公告编号：2025-027 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、召开会议的基本情况 (一)股东大会类型和届次 2025年第二次临时股东大会 中国航发航空科技股份有限公司 关于召开2025年第二次临时股东大会的通知 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 10 月 29 日 14 点 00 分 召开地点：成都市新都区成发工业园会议室 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 10 月 29 日 至2025 年 10 月 29 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东大会召开日期：2025年10月29日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 东大会召开当日的交易时间段， ...

Core Insights - The company, AVIC Chengfei, reported that as of September 30, 2025, the total number of shareholders is 72,211 [2] Company Information - AVIC Chengfei responded to investor inquiries on October 9, indicating the total number of shareholders [2]

证券代码：600391 证券简称：航发科技 编号：2025-026 中国航发航空科技股份有限公司 关于 2025 年半年度业绩说明会召开情况的公告 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 担个别及连带责任。 中国航发航空科技股份有限公司（以下简称公司）于 2025年9 月30日（星期二）16:00-17:00 在上海证券交易所上证路演中心 （http://roadshow.sseinfo.com/）通过网络文字互动方式召开了 2025年半年度业绩说明会，现将有关事项公告如下： 一、本次说明会召开情况 2025 年 8 月 30 日，公司披露了《中国航发航空科技股份有限公 司关于召开 2025 年半年度业绩说明会的公告》（公告编号： 2025-023），相关公告详见《上海证券报》、《中国证券报》、《证 券时报》、《证券日报》及上海证券交易所网站（www.sse.com.cn）。 2025 年 9 月 30 日 16:00—17:00，公司召开了 2025 年半年度业 绩说明会，董事长丛春义先生，董事、副总经理、董事会秘书熊奕先 生， ...