Group 1 - Several listed companies categorized under the commercial aerospace concept have recently issued announcements or statements clarifying their low association with commercial aerospace business and indicating that their stock prices have significantly deviated from fundamentals [2] - Since December 2025, some companies in the commercial aerospace sector have seen astonishing stock price increases, with Aerospace Development's stock rising over 200% in 30 consecutive trading days, triggering severe abnormal fluctuation standards [2] - Aerospace Development announced that its subsidiary engaged in low-orbit satellite operations generated less than 1% of the company's total revenue in the first three quarters of 2025, indicating minimal impact on overall performance [2] Group 2 - Companies such as Shaoyang Hydraulic clarified that their products do not directly serve commercial aerospace clients, with related orders being sporadic and amounting to less than 500,000 yuan, accounting for less than 0.2% of annual revenue [2] - Multiple companies, including Aerospace Power, North Navigation, Aerospace Engineering, Star Ring Technology, and Aerospace Changfeng, publicly stated that their main businesses do not involve commercial aerospace [2] - In response to investor inquiries, companies like Xingxing Technology and Jindi Co. expressed that they do not have current development plans in the commercial aerospace sector, while Keli Sensor and Bomin Electronics acknowledged their awareness of the commercial aerospace trend but have not established substantial commercial cooperation [3] Group 3 - The clarifications and risk warnings highlight a significant divergence between soaring stock prices and company fundamentals, with industry leader China Satellite reporting a rolling P/E ratio exceeding 2400 and a more than 96% year-on-year decline in net profit for 2024 after excluding non-recurring gains [5] - Companies like Aerospace Electronics and China Satcom also announced that their stock prices exhibit a "hot potato effect" and have severely detached from fundamentals, indicating a potential for significant short-term declines [5] - Market analysis suggests that while the long-term growth logic of the commercial aerospace industry is clear, short-term irrational speculation has inflated valuations of many stocks lacking substantial business support [5]

（文章来源：证券日报） 证券日报网讯 1月16日，北方导航在互动平台回答投资者提问时表示，公司信息披露，包括股价异常波 动公告等披露严格按照《上市规则》等监管要求执行。 ...

Market Overview - The ground equipment sector experienced a decline of 2.39% on January 16, with Galaxy Electronics leading the drop [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] Stock Performance - Key stocks in the ground equipment sector showed varied performance, with the following notable changes: - Optoelectronics Co. (600184) closed at 19.77, up 0.82% with a trading volume of 123,100 shares [1] - Galaxy Electronics (002519) closed at 9.28, down 9.99% with a trading volume of 199,800 shares [2] - Northern Long Dragon (301357) closed at 142.81, down 2.57% with a trading volume of 32,300 shares [2] Capital Flow - The ground equipment sector saw a net outflow of 671 million yuan from institutional investors, while retail investors contributed a net inflow of 573 million yuan [2] - The following stocks had significant capital flow: - Galaxy Electronics experienced a net outflow of 44.17 million yuan from institutional investors, but a net inflow of 41.45 million yuan from retail investors [3] - Northern Long Dragon had a net outflow of 77.58 million yuan from institutional investors, with a net inflow of 62.69 million yuan from retail investors [3]

证券日报网讯1月15日，北方导航（600435）在互动平台回答投资者提问时表示，公司在公告中说明了 公司的基本面未发生重大变化。 ...

证券日报网讯 1月15日，北方导航在互动平台回答投资者提问时表示，子公司中兵通信科技股份有限公 司主要业务为超短波通信电台以及卫星通信设备研制生产制造和销售，相关产品的具体情况请关注中兵 通信科技股份有限公司发布的公告。 （文章来源：证券日报） ...

证券日报网讯1月15日，北方导航（600435）在互动平台回答投资者提问时表示，根据相关监管规定， 上市公司不得通过上证e互动平台披露未公开的重大信息。公司信息披露以在指定媒体披露的内容为 准。 ...

证券日报网讯1月15日，北方导航（600435）在互动平台回答投资者提问时表示，2026年公司将继续秉 承强军报国的理念，不断提升核心竞争能力、降本增效，争取以良好的经营业绩回报投资者。公司在制 导控制、导航控制、探测控制、环境控制、稳定控制、电台及卫星通信、电连接器、无人巡飞等领域处 于国内领先地位。公司的军民两用产品业务以"导航控制和弹药信息化技术"为主，涵盖制导控制、导航 控制、探测控制、环境控制、稳定控制、电台及卫星通信、电连接器、无人巡飞等产品和技术。 ...

Market Overview - The ground equipment sector experienced a decline of 1.06% on January 15, with Galaxy Electronics leading the drop [1] - The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index closed at 14306.73, up 0.41% [1] Stock Performance - Notable stock performances in the ground equipment sector included: - Muka Technology (000576) closed at 11.02, up 2.99% with a trading volume of 244,600 shares and a turnover of 266 million yuan [1] - Inner Mongolia First Machinery (600967) closed at 19.91, up 1.48% with a trading volume of 869,800 shares and a turnover of 1.746 billion yuan [1] - Galaxy Electronics (002519) closed at 10.31, down 10.03% with a trading volume of 795,600 shares and a turnover of 825 million yuan [2] Capital Flow - The ground equipment sector saw a net outflow of 455 million yuan from institutional investors, while retail investors had a net inflow of 412 million yuan [2] - The capital flow for individual stocks showed: - Inner Mongolia First Machinery had a net inflow of 128 million yuan from institutional investors [3] - Galaxy Electronics experienced a net outflow of 68.64 million yuan from institutional investors [3] - Muka Technology had a net inflow of 34.04 million yuan from institutional investors [3]

证券日报网讯 1月14日，北方导航发布公告称，公司2026年第一次临时股东会审议通过《关于日常经营 性关联交易的议案》《关于修订的议案》。 （文章来源：证券日报） ...

证券代码：600435 证券简称：北方导航 公告编号：临 2026-005 号 北方导航控制技术股份有限公司 2026年第一次临时股东会决议公告 (一) 股东会召开的时间：2026 年 1 月 14 日 (二) 股东会召开的地点：北京经济技术开发区科创十五街 2 号公司商务会议 室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 的召集、召开及表决方式符合《公司法》等相关法律法规及《公司章程》的有关 规定。 (五) 公司董事和董事会秘书的列席情况 1、公司在任董事9人，列席9人。 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 1,447 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 387,800,691 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 25.6421 | (四) 表决方式是否符合《公司 ...