| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002023 | 海特高新 | 12.23 | -10.01% | 12.17万 | 1.49 乙 | | 600765 | 中航重机 | 18.71 | -5.79% | 73.60万 | 13.88 Z | | 300696 | 爰乐达 | 32.06 | -5.15% | 22.01万 | 6.95亿 | | 300034 | 钢研高纳 | 20.30 | -5.05% | 42.72万 | 8.69亿 | | 600372 | 中航机载 | 15.52 | -4.84% | 123.02万 | 19.13 Z | | 605123 | 派克新材 | 109.06 | -4.58% | 5.65万 | 6.21亿 | | 688239 | 航宇科技 | 64.72 | -4.54% | 6.34万 | 4.09亿 | | 300719 | 安达维尔 | 17.00 | -4.33% | 13.43万 | 2.28亿 | | 000561 | ...

中航重机 20260129 摘要 中航重机是航空工业集团下属首批上市公司，通过多次并购重组，聚焦 高端特种锻铸造及液压环控业务，确立了世界级供应商的发展战略，目 前由航空工业集团实际控制。 公司主要业务板块包括锻造、铸造及液压环控，其中锻造业务是核心收 入和利润来源，2022 年锻造环节收入达 84 亿元，远超其他竞争对手。 2020 年至 2022 年，中航重机的营收和利润保持稳定增长，但 2023 年以来，受军工采购节奏变化及产品价格压力影响，公司整体业绩面临 一定挑战。 锻造行业正朝着为主机场提供一体化综合解决方案方向发展，以满足装 备低成本化需求，小型大学主科研生产模式也成为趋势。 主机厂通过供应链管理控制装备成本，目标价格激励约束下，主机厂愿 意通过供应链管理实现超额利润，这也促使锻造企业调整经营思路。 锻造企业成本管控的核心挑战集中在原材料和生产制造成本上，原材料 成本占比最高，国内外锻造行业都在探索返回料的重复利用技术以降低 成本。 中航重机通过优化产线、扩张产能以及收购大型锻造公司等措施巩固其 龙头地位，并推动一体化交付转变，向上游延伸至原材料供应，向下游 拓展至精密加工业务。 Q&A 中航重 ...

1月26日，贵州省2026年两会启幕。在贵州省政协十三届四次会议开幕会之前，6位贵州省政协委员登 上"委员通道"，直面媒体提问，围绕科技创新、产业振兴、文旅融合等话题，分享履职实践，展望发展 路径。 冉兴强调："核心技术是要不来、买不来、讨不来的。"为此，中航重机积极构建"研究院+企业"创新体 系，提升产业链自主可控能力，在北京、西安、上海设立研究分院，填补了多项国内技术空白，打破了 国外技术垄断，获得国家科技进步奖二等奖、贵州省科技进步奖一等奖等多项荣誉。 展望"十五五"，中航重机将紧紧围绕国家战略需求与贵州发展布局，加快建设贵州省关键零部件实验 室、航空先进锻铸技术创新中心等高能级创新平台，破解科技成果转化难题；推动贵州大数据与高端装 备产业深度融合，实现产业数据化与数据产业化双向赋能；做强材料产业品牌，大力发展绿色高端再生 材料产业。 新材料工艺、农业增产、黔港澳同心、破解航空产业技术难题……"在2026年贵州省两会第一场"委员通 道"集体采访活动上，贵州省政协委员用发展成就与前景展望，勾勒出贵州高质量发展新路径。 从"追赶者"到"探路人" "我手里这一小块不起眼的黑磷，放在以前，是我省企业馋到眼红却啃 ...

Core Insights - The report emphasizes the ongoing prosperity in the commercial aerospace and military sectors, highlighting opportunities in overseas markets and the importance of technological advancements in the industry [2][3] Group 1: Industry Overview - The commercial aerospace sector is experiencing upward momentum, driven by SpaceX's advancements in reusable rocket technology, which could reduce space access costs by 100 times [13] - The military aviation sector is expected to benefit from increased demand for large aircraft and military trade, with significant growth anticipated in 2026 [14] - The report identifies a focus on supply chain reforms and the integration of AI technologies as key trends shaping the future of the defense and aerospace industries [15] Group 2: Investment Recommendations - The report recommends companies that align with the "S-curve" evolution, focusing on supply chain reforms and automation, including firms like航发动力 (Aero Engine Corporation) and 中航沈飞 (AVIC Shenyang Aircraft Corporation) [15] - Companies positioned for expansion in military trade and civil aviation, such as 国睿科技 (Guorui Technology) and 中国动力 (China Power), are highlighted for their growth potential [15] - Emerging industries like commercial aerospace, AI, and quantum computing are also recommended, with firms like 睿创微纳 (Ruichuang Micro-Nano) and 菲利华 (Feilihua) noted for their innovative capabilities [15] Group 3: Company Valuations and Financial Analysis - 航发动力 (Aero Engine Corporation) is projected to have a 2025E EPS of 0.22 CNY, with a PE ratio of 216.82 for 2025 [6] - 中航高科 (AVIC High-tech) is expected to achieve a 2025E EPS of 0.90 CNY, with a PE ratio of 29.16 for 2025 [6] - The report provides detailed financial metrics for various companies, indicating growth in EPS and improvements in PE ratios across the sector, reflecting a positive outlook for the defense and aerospace industries [6]

国投瑞银国家安全混合A（001838）基金经理为李轩。 截至发稿，李轩累计任职时间10年55天，现任基金资产总规模30.52亿元，任职期间最佳基金回报 67.43%， 任职期间最差基金回报-30.21%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 从中航重机十大流通股东角度 数据显示，国投瑞银基金旗下1只基金位居中航重机十大流通股东。国投瑞银国家安全混合A （001838）三季度增持341.72万股，持有股数2017.13万股，占流通股的比例为1.3%。根据测算，今日 浮盈赚取约2017.13万元。 国投瑞银国家安全混合A（001838）成立日期2015年12月2日，最新规模22.97亿。今年以来收益 11.04%，同类排名1087/8843；近一年收益41.41%，同类排名2792/8096；成立以来收益63.8%。 1月22日，中航重机涨5.13%，截至发稿，报20.49元/股，成交6.07亿元，换手率1.95%，总市值320.37亿 元。 资料显示，中航重机股 ...

Market Overview - Major stock indices in the Asia-Pacific region showed mixed results, with the Shanghai Composite Index surpassing 4100 points, while Hong Kong's main indices were in the red [1] - The South Korean Composite Index broke through 4900 points for the first time, with Hyundai and Kia Motors both rising over 12% [1] - A-shares experienced a contraction in trading volume, with the Shanghai Composite Index up 0.29% and the Shenzhen Component Index up 0.09%, while the ChiNext Index fell by 0.7% [1][2] Trading Volume and Stock Performance - The total trading volume in the Shanghai and Shenzhen markets was 2.73 trillion yuan, a decrease of 324.3 billion yuan from the previous trading day [1] - Over 3500 stocks in the market rose, with 103 stocks hitting the daily limit [1] Sector Performance - The electric grid equipment sector showed strong performance throughout the day, with stocks like China West Electric, Dalian Electric Porcelain, and Guangdian Electric all hitting the daily limit [3] - The AVIC index opened high and saw all constituent stocks in the green, with AVIC Aircraft, AVIC Power, AVIC Control, and AVIC Technology all hitting the daily limit, while Hongdu Aviation rose nearly 9% [4][5] Hong Kong Market - The three major indices in Hong Kong collectively declined, with the Hang Seng Index and Hang Seng Technology Index both dropping over 1%, and the Hang Seng China Enterprises Index down over 0.8% [6] - Most tech stocks in Hong Kong fell, with Bilibili down over 7%, Alibaba and Alibaba Health down over 3%, and other companies like Kuaishou and JD Health down over 2% [6] Commodity Performance - Gold and silver prices reached new highs, with spot gold nearing $4700 and silver up over 3.6%, marking a year-to-date increase of over 30% [7] - The cryptocurrency market continued to decline, with Bitcoin dropping nearly 3% and over 250,000 individuals facing liquidation, totaling approximately $871 million [7]

Core Insights - The report highlights the promising outlook for the commercial aerospace sector and increased attention on large aircraft and military trade [2][3] - The construction of a space power is accelerating, with a focus on breakthroughs in reusable rocket technology and the development of new industries such as commercial aerospace and low-altitude economy [5][13] - Airbus has set a record for civil aircraft orders, with a total of 8,754 aircraft in backlog by the end of 2025, indicating strong market demand [5][13] - Military trade is expected to improve, with significant defense export growth reported in the UK, reaching over £20 billion in 2025 [5][14] Investment Strategy - The report recommends focusing on companies that align with the "S-curve" evolution, emphasizing supply chain reform and automation trends, with specific recommendations for companies like Aero Engine Corporation and AVIC [5][15] - It also suggests targeting companies involved in military trade, large aircraft, and low-altitude economy, highlighting firms such as Guorui Technology and China Power [5][15] - New emerging industries such as commercial aerospace, AI, and quantum computing are also identified as key areas for investment, with recommendations for companies like Ruichuang Micro-Nano and Ziguang Guowei [5][15] Company Valuation and Financial Analysis - The report provides detailed financial metrics for key companies in the defense and aerospace sector, including expected earnings per share (EPS) and price-to-earnings (PE) ratios for 2025 and 2026 [6] - For instance, Aero Engine Corporation is projected to have an EPS of 0.22 CNY in 2025, with a PE ratio of 184.41x, indicating strong growth potential [6] - Other companies like AVIC Heavy Machinery and Guorui Technology are also highlighted for their expected profitability and market positioning [6][25][27]

Group 1 - The domestic aircraft carrier concept index declined by 0.74%, ranking among the top declines in the concept sector, with notable declines in stocks such as Beidou Star, Sichuan Electronics, and Yinbang Shares [1] - Among the domestic aircraft carrier concept stocks, 10 stocks saw price increases, with Haige Communication, China First Heavy Industries, and AVIC Heavy Machinery leading the gains at 10.00%, 10.00%, and 5.85% respectively [1][2] - The domestic aircraft carrier concept experienced a net outflow of 2.947 billion yuan in main funds today, with 28 stocks seeing net outflows, and 7 stocks experiencing outflows exceeding 100 million yuan [2] Group 2 - The top net outflow stock in the domestic aircraft carrier concept was Haige Communication, with a net outflow of 1.434 billion yuan, followed by China Satellite, Yinbang Shares, and Hailanxin with net outflows of 612.8 million yuan, 442.9 million yuan, and 319.8 million yuan respectively [2][3] - The stocks with the highest net inflow in the domestic aircraft carrier concept included China First Heavy Industries, AVIC Heavy Machinery, and China Shipbuilding, with net inflows of 573.0 million yuan, 408.0 million yuan, and 6.1 million yuan respectively [2][3] - The stock performance of Haige Communication showed a significant increase of 10.00% despite the overall sector decline, indicating potential investor interest [3]

数据宝统计，截至14:52，中航重机成交额32.68亿元，创上市以来新高。最新股价上涨5.75%，换手率 10.36%。上一交易日该股全天成交额为21.92亿元。（数据宝） （文章来源：证券时报网） ...

Group 1 - Aerospace and aviation concept stocks experienced significant declines in early trading, with Aerospace Electronics down over 8%, AVIC High-Tech down over 6%, and AVIC Heavy Machinery down over 5% [1] - Several aerospace-related ETFs also fell by more than 8%, reflecting the overall market trend [1] Group 2 - Specific ETFs reported the following price changes: Aerospace ETF (1.327, -8.67%), High-end Equipment ETF (1.222, -8.46%), Aerospace Aviation ETF (1.585, -8.28%), and others showing similar declines [2] - Analysts believe that recent improvements in top-level design and new policy support in the commercial aerospace sector have clarified the development blueprint for the industry, enhancing market confidence in its long-term growth [2] - With decreasing launch costs and increased in-orbit computing power, the future of space computing is expected to create a "more launches, more savings" scenario, potentially leading to a transformative industrial change with scalable commercial value [2]