Core Viewpoint - The announcement details the listing and circulation of restricted shares of Guorui Technology Co., Ltd. as part of an asset purchase and fundraising transaction, with a total of 7,826,083 shares set to be released on June 19, 2025 [2][4][12]. Group 1: Share Issuance and Approval - The shares being listed are part of a non-public issuance for asset acquisition and fundraising, approved by the China Securities Regulatory Commission (CSRC) in January 2020, allowing the company to raise up to 600 million yuan [6]. - The company completed the registration of newly issued shares in June 2020, increasing the total shares to 1,203,470,125 [6]. - In July 2020, additional shares were registered, bringing the total to 1,241,857,840 [7]. Group 2: Lock-up Period and Compliance - The restricted shares being released are from the asset purchase transaction and are subject to a 36-month lock-up period, during which the shareholders cannot transfer their shares [9]. - The company confirms that there are no instances of fund occupation by controlling shareholders or related parties [10]. - The independent financial advisor, CITIC Securities, has verified that the share release complies with relevant laws and regulations [11]. Group 3: Listing Details - The total number of restricted shares to be listed is 7,826,083, with the listing date set for June 19, 2025 [12]. - The announcement includes a detailed list of the shares being released, ensuring transparency in the process [13].

中信建投证券股份有限公司 关于国睿科技股份有限公司 发行股份及支付现金购买资产并募集配套资金暨关联交易之 部分限售股解禁上市流通的核查意见 中信建投证券股份有限公司（以下简称"中信建投"、"独立财务顾问"）作为国睿 科技股份有限公司（以下简称"国睿科技"、"公司"）发行股份及支付现金购买资产并 募集配套资金暨关联交易之独立财务顾问，根据《上市公司重大资产重组管理办法》 《上市公司并购重组财务顾问业务管理办法》《上市公司证券发行注册管理办法》 《上海证券交易所股票上市规则》等有关法律法规的要求，就国睿科技部分限售股 解禁上市流通的事项进行了核查，具体情况如下： 一、本次限售股上市类型 本次限售股上市的类型为发行股份购买资产并募集配套资金暨关联交易之发行 股份购买资产中部分限售股上市流通。 （一）核准情况 2020年1月，国睿科技收到中国证券监督管理委员会（以下简称"证监会"）核发 的《关于核准国睿科技股份有限公司向中国电子科技集团公司第十四研究所等发行 股份购买资产并募集配套资金的批复》（证监许可[2020]117号），核准公司向中国 电子科技集团公司第十四研究所等单位及个人发行股份购买资产，同时核准公司非公 ...

本次股票上市类型为非公开发行股份；股票认购方式为网下， 上市股数为7,826,083股。 本次股票上市流通总数为7,826,083股。 本次股票上市流通日期为2025 年 6 月 19 日。 发行股份及支付现金购买资产并募集配套资金暨关联 交易之部分限售股解禁上市流通公告 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、准确性和完整性依法承担法律责任。 如有董事对临时公告内容的真实性、准确性和完整性无法保证或存在异议的， 公司应当在公告中作特别提示。 重要内容提示： 一、本次限售股上市类型 本次限售股上市的类型为发行股份购买资产并募集配套资金暨关联交易之发 行股份购买资产中部分限售股上市流通。 证券代码：600562 证券简称：国睿科技 公告编号：2025-018 国睿科技股份有限公司 （一）核准情况 2020 年 1 月，国睿科技股份有限公司（以下简称"国睿科技"或"公司"） 收到中国证券监督管理委员会（以下简称"证监会"）核发的《关于核准国睿科 技股份有限公司向中国电子科技集团公司第十四研究所等发行股份购买资产并募 集配套资金的批复》（证监许可[202 ...

Group 1 - The core viewpoint of the news is that the CSI 1000 Industrial Index has shown mixed performance, with a slight increase over the past month but a decline over the last three months and a modest year-to-date gain [2] - The CSI 1000 Industrial Index reported a value of 5334.99 points, indicating a high opening followed by a decline [1] - The index has increased by 0.46% in the last month, decreased by 6.13% in the last three months, and has risen by 2.90% year-to-date [2] Group 2 - The top ten weighted stocks in the CSI 1000 Industrial Index include Huicheng Environmental Protection (1.44%), Hainan Huatie (0.96%), Kehua Data (0.94%), and others [2] - The market share of the CSI 1000 Industrial Index is divided between Shenzhen Stock Exchange (54.80%) and Shanghai Stock Exchange (45.20%) [2] - The industry composition of the CSI 1000 Industrial Index shows that machinery manufacturing accounts for 29.13%, power equipment for 27.37%, and transportation for 14.38% [2] Group 3 - The index samples are adjusted biannually, specifically on the second Friday of June and December, with provisions for temporary adjustments in special circumstances [3] - When a sample company is delisted, it is removed from the index, and any corporate actions such as mergers or splits are handled according to specific guidelines [3] - Adjustments to the CSI 1000 Index will also lead to corresponding changes in the CSI 1000 Industry Index samples [3]

国泰海通证券表示，全球区域政治格局加速演变，外贸有望打开军工行业新的增长极，推荐产品或业务 与出口密切相关企业。分析认为，在大国博弈加剧的背景下，加大国防投入是当今时代的必选项，内需 和外贸有望驱动军工行业高景气度，保持发展趋势长期向好。 截至2025年6月9日 13:46，中证国防指数(399973)强势上涨1.52%，成分股中航沈飞(600760)上涨 7.86%，国睿科技(600562)上涨7.22%，中航西飞(000768)上涨4.29%，华秦科技(688281)，光威复材 (300699)等个股跟涨。国防ETF(512670)上涨1.67%，最新价报0.73元。 规模方面，国防ETF最新规模达51.83亿元，创近1年新高。从资金净流入方面来看，国防ETF近4天获得 连续资金净流入，最高单日获得3.17亿元净流入，合计"吸金"5.20亿元。 消息面，继印尼考虑采购10架歼-19后，6月6日，巴基斯坦政府官方账号突然宣布，巴基斯坦已经一举 拿下"40架歼-35战斗机+空警500预警机+红旗19反导系统"。 国防ETF紧密跟踪中证国防指数，中证国防指数选取隶属于十大军工集团公司旗下的上市公司证券，以 及为 ...

Group 1 - The military industry sector is experiencing renewed activity, with the Aerospace ETF Tianhong (159241) rising by 3.05% and trading volume exceeding 270 million yuan, indicating active market participation [1] - Key stocks within the Aerospace ETF include Guorui Technology and AVIC Shenyang Aircraft Corporation, both hitting the daily limit, while other stocks like Zhenxin Technology and Sichuan Chuangxin Electronics also saw gains [1] - The Aerospace ETF closely tracks the Guozheng Aerospace Index, which has over 99% weight in the defense and military industry, with 73% of its weight focused on core sectors such as aerospace and aviation equipment [1] Group 2 - According to AVIC Securities, the development of unmanned equipment, anti-unmanned systems, and electronic countermeasures in China is still in its early stages but is expected to drive sustained high growth in the military sector in the medium to long term [2] - Military intelligence is identified as a key area for gaining a competitive edge on the battlefield, involving various operational aspects such as intelligence processing, decision support, and electronic countermeasures [2] - Huafu Securities predicts significant growth in both domestic and foreign demand from 2025 to 2027, emphasizing the importance of military development and recommending three main lines of focus: domestic trade, foreign trade, and self-control [2]

截至2025年6月9日 09:46，国证航天航空行业指数(CN5082)强势上涨1.92%，成分股中航沈飞(600760)上涨9.36%，振芯科技(300101)上涨7.52%，国睿科技 (600562)上涨5.58%，中航西飞(000768)，华秦科技(688281)等个股跟涨。航空航天ETF天弘(159241)上涨1.67%，最新价报1.03元。流动性方面，航空航天 ETF天弘盘中换手6.33%，成交1229.33万元。拉长时间看，截至6月6日，航空航天ETF天弘近1年日均成交6323.06万元，排名可比基金第一。 费率方面，航空航天ETF天弘管理费率为0.50%，托管费率为0.10%，费率在可比基金中最低。 跟踪精度方面，截至2025年6月6日，航空航天ETF天弘今年以来跟踪误差为0.316%，在可比基金中跟踪精度最高。 数据显示，截至2025年5月30日，国证航天航空行业指数(CN5082)前十大权重股分别为光启技术(002625)、航发动力(600893)、中航沈飞(600760)、中航西飞 (000768)、中航机载(600372)、航天电子(600879)、中航高科(600862)、中国卫星(6 ...

Investment Rating - The report rates the defense and military industry as "Recommended" [1] Core Viewpoints - The J-10C fighter jet is expected to lead China's military trade, becoming a prominent symbol of China's military exports [11] - The potential demand and development space in the military trade market are anticipated to exceed market expectations, with various companies positioned to benefit [11] Summary by Sections Events - Indonesia is evaluating the feasibility of purchasing Chinese-made J-10 fighter jets, influenced by the aircraft's performance in the India-Pakistan conflict and its competitive pricing compared to Western counterparts [2] - Recent reports highlight the J-10's development and achievements, with significant interest shown at the Langkawi International Maritime and Aerospace Exhibition [2] - Pakistan's government announced the acquisition of 40 J-35 fifth-generation stealth fighters and other military equipment from China [2] Analysis and Judgments - The J-10 is poised to continue the success of previous Chinese military exports, moving from low-end markets to mid-high-end markets [3] - The J-10CE is recognized as China's most advanced fighter jet export, indicating China's capability for comprehensive high-performance fighter jet exports [4] - The J-10CE is seen as a cost-effective option for developing countries, competing against established models like the F-16 and MiG series [4] Market Dynamics - The global military trade landscape is shifting towards integrated solutions rather than just hardware sales, with increasing demand for comprehensive military systems [6] - Countries like South Korea are emerging as competitors in the arms market, leveraging their military-industrial capabilities [6] Industry Development - The J-10CE's export is expected to drive significant growth in the military supply chain, with advancements in materials, engines, and avionics systems enhancing its performance [7][9] - The report emphasizes the importance of domestic aerospace manufacturers in achieving technological self-reliance and innovation [10] Investment Recommendations - Key beneficiaries identified include: - AVIC Chengdu Aircraft Industry Group, a core manufacturer of fighter jets, expected to gain from increased international interest in the J-10CE [11] - Zhongjian Technology, a leader in high-end carbon fiber materials crucial for aircraft performance [11] - Guorui Technology, a leader in military radar systems, showing positive growth in military trade orders [11] - Other companies like AVIC Shenyang Aircraft Corporation and Hongdu Aviation are also highlighted for their export potential in various military aircraft and systems [12]

Summary of Key Points from the Conference Call Industry Overview - The focus is on the low-altitude logistics sector, particularly involving drones and counter-drone technologies [1][2][4]. Core Insights and Arguments - The National Postal Bureau of China has emphasized the development of drone technology for branch transportation and last-mile delivery, aiming to enhance the low-altitude economy in postal and express services [1][2]. - There is an exploration of cross-province and intercity drone transportation to scale up last-mile delivery applications, improving service efficiency and customer experience [3][4]. - Low-altitude logistics can be categorized into last-mile logistics (within 20 km) and branch logistics (50-500 km), with small multi-rotor drones used for last-mile delivery and fixed-wing drones for longer distances [4]. - A comprehensive drone delivery network is being established, as outlined in the "General Aviation Equipment Innovation Application Implementation Plan" released in March 2024 [4]. - Meituan has received the first nationwide low-altitude logistics coverage operational certificate in April 2025 [4]. Related Companies and Investment Opportunities - **Logistics Drone Companies**: - Guanglian Aviation (supplier for Baijing Airlines) - Zongshen Power (suppliers for Tengdun, Rainbow, and Zhong UAV) - Zongheng Co. (engaged in drone logistics demonstration applications) - Green Energy Huichong (heavy-duty drones in collaboration with China Post) - Aerospace Rainbow (YH1000 logistics drone first flight) [5]. - **Other Low-Altitude Economy Companies**: - Shenzhen Urban Transport - Sichuan Chuang Electronics - Lais Information - Wanfeng Aowei [5]. Additional Important Insights - The Ukrainian National Security Bureau reported the deployment of 117 FPV drones to attack multiple airports in Russia, destroying several strategic bombers [6]. - The tactic employed by Ukraine involves concealing drones in modified containers, which are then delivered to specified locations by unsuspecting truck drivers, showcasing a low-cost and high-concealment strategy that may increase global focus on drone technology and countermeasures [6][7]. Related Companies in Counter-Drone Technology - **Drone Companies**: - Zongshen Power (aviation piston engines) - Aerospace Electronics - Zhong UAV - Aerospace Rainbow - Guanglian Aviation - Zongheng Co. [7]. - **Counter-Drone Companies**: - Sichuan Chuang Electronics - Lianchuang Optoelectronics - Aerospace Nanhu - Guorui Technology - Lais Information - Sichuan Jiuzhou [7].

Core Viewpoint - The Shanghai Small and Medium-sized State-owned Enterprise Reform Index has shown a recent upward trend, reflecting the performance of listed companies involved in state-owned enterprise reforms in Shanghai [1][2]. Group 1: Index Performance - The Shanghai Small and Medium-sized State-owned Enterprise Reform Index reported a value of 2423.51 points [1]. - The index has increased by 3.03% over the past month and 1.59% over the past three months, but has decreased by 3.20% year-to-date [1]. Group 2: Index Composition - The index includes companies that are part of state-owned enterprise reform pilot programs or have significant restructuring plans [1]. - The top ten weighted companies in the index are: - Western Superconducting (3.27%) - Sheneng Co. (3.23%) - Wuchan Zhongda (3.19%) - Huayu Automotive (3.14%) - Yangnong Chemical (3.11%) - Shanghai Silicon Industry (3.01%) - Tiantan Biological (3.0%) - Guorui Technology (2.98%) - Laobaigan Liquor (2.89%) - AVIC (2.78%) [1]. Group 3: Sector Allocation - The sector distribution of the index sample is as follows: - Industrial: 35.12% - Consumer Discretionary: 11.91% - Materials: 11.57% - Information Technology: 11.35% - Utilities: 8.02% - Healthcare: 7.28% - Real Estate: 5.55% - Consumer Staples: 5.21% - Communication Services: 2.12% - Energy: 1.86% [2]. Group 4: Sample Adjustment - The index sample is adjusted quarterly, with adjustments occurring in March, June, September, and December [2]. - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2].