Group 1 - The A-share military industry sector is experiencing a strong upward trend, with significant gains in various companies [1] - Great Wall Military Industry has reached its daily limit increase, indicating strong investor interest [1] - Guankong Technology has risen over 10%, showcasing robust performance in the sector [1] Group 2 - Aerospace Development has increased by more than 8%, reflecting positive market sentiment [1] - Other companies such as Aerospace Changfeng and Leike Defense are also seeing gains, contributing to the overall strength of the military sector [1]

北京航天长峰股份有限公司 关于召开 2024 年度业绩说明会的公告 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法律责任。 重要内容提示： ??会议召开时间：2025 年 5 月 29 日(星期四) 下午 16:00-17:00 ? 会议召开地点：上海证券交易所上证路演中心 （网址：https://roadshow.sseinfo.com/） 证券代码：600855 证券简称：航天长峰 公告编号：2025-022 （一）投资者可在 2025 年 5 月 29 日 下午 16:00-17:00，通过 互联网登录上证路演中心（https://roadshow.sseinfo.com/） ，在线 ? 会议召开方式：上证路演中心网络互动 ??投资者可于 2025 年 5 月 22 日(星期四)至 5 月 28 日(星期三)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮 箱 db@casic.com.cn 进行提问。公司将在说明会上对投资者普遍关注 的问题进行回答。 北京航天长峰股份有限公司（以下简称"公司" ）已于 ...

证券代码：600855 证券简称：航天长峰 公告编号：2025-022 北京航天长峰股份有限公司 关于召开 2024 年度业绩说明会的公告 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法律责任。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于2025年5月22日(星期四)至5月 28日(星期三)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮 箱 db@casic.com.cn 进行提问。公司将在说明会上对投资者普遍关注 的问题进行回答。 三、 参加人员 董事长：肖海潮先生 总经理：苏子华先生 董事会秘书：刘大军先生 北京航天长峰股份有限公司（以下简称"公司"）已于 2025 年 4 月 29 日发布公司 2024 年年度报告，为便于广大投资者更全面深入地 了解公司 2024 年年度经营成果、财务状况，公司计划于 2025 年 5 月 29 日 下午 16:00-17:00 举行 2024 年度业绩说明会，就投资者关心 的问题 ...

股东大会法律意见书 北京海润天睿律师事务所 关于北京航天长峰股份有限公司 2024 年年度股东大会的法律意见书 中国·北京 北京市朝阳区建外大街甲 14 号广播大厦 5 层&9 层&10 层&13 层&17 层 电话（Tel）：86-10-65219696 传真（Fax）：86-10-88381869 股东大会法律意见书 北京海润天睿律师事务所 关于北京航天长峰股份有限公司 2024 年年度股东大会的法律意见书 致：北京航天长峰股份有限公司 北京海润天睿律师事务所（以下简称"本所"）接受北京航天长峰股份有限 公司（以下简称"公司"）的委托，指派马佳敏律师、王佩琳律师出席公司 2024 年年度股东大会，并依据《中华人民共和国公司法》（以下简称"《公司法》"）、 《公司章程》及其他相关法律、法规和规范性文件的规定，就公司本次股东大会 的召集、召开程序、出席会议人员的资格、召集人资格、表决程序、表决结果等 有关事宜出具本法律意见书。 对本法律意见书的出具，本所律师特作如下声明： 1．本所律师仅就本次会议的召集、召开程序、出席会议人员的资格、召集 人资格、表决程序、表决结果发表意见，不对本次会议所审议的议案内容及该等 ...

证券代码：600855 证券简称：航天长峰 公告编号：2025-023 北京航天长峰股份有限公司 2024年年度股东大会决议公告 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 (一)股东大会召开的时间：2025 年 5 月 20 日 (二)股东大会召开的地点：北京市海淀区永定路甲 51 号航天长峰大楼八层 822 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： | 1、出席会议的股东和代理人人数 | 432 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 209,136,828 | | 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（%） | 44.6356 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会，由公司董事长肖海潮先生主持，会议采用现场记名投票表决与网 络投票表决相结合的方式进行表决，会议召集、召开程序及 ...

Investment Rating - The report maintains a "Positive" outlook on the defense and military industry, suggesting an increase in industry focus [5][29]. Core Insights - Recent uncertainties in orders and the easing of tensions between India and Pakistan have led to a pullback in military stocks. However, the report anticipates that as orders stabilize and military trade continues to materialize, the military market will gradually stabilize and trend upward [5]. - China's military trade is expected to enter a rapid growth phase, with increased international recognition of Chinese military products during the India-Pakistan conflict, thereby expanding the market space and valuation for the entire industry [5]. - The fundamental changes in the military sector are solidifying the basis for industry growth, with the military construction entering a critical phase as the centenary of the army approaches, focusing on quality and quantity improvements [5]. - The report highlights the simultaneous development of multiple satellite constellations in communication, remote sensing, and computing, indicating an acceleration in domestic commercial aerospace development [5]. - The report recommends increasing attention to the military sector, particularly on elastic/theme varieties, with specific focus on precision-guided weapons, underwater capabilities, AI/robotics, and traditional aircraft supply chains [5]. Market Review - Last week, the Shenwan Defense and Military Index fell by 5.71%, underperforming compared to the Shanghai Composite Index, which fell by 0.05%, and the CSI 300 Index, which fell by 0.04% [6][11]. - The report notes that the defense and military sector's 5.71% decline ranked last among 31 Shenwan primary industry sectors [6]. - The top five performing stocks in the defense and military sector last week were Chengfei Integration (46.43%), Lijun Shares (44.15%), Tongda Shares (19.92%), Chunxing Precision (11.23%), and ST Ruike (8.72%) [12]. - Conversely, the bottom five performing stocks were Aerospace Changfeng (-14.76%), Hongyuan Electronics (-13.82%), Sichuan Electronics (-12.92%), Huawu Shares (-12.82%), and Optoelectronics Shares (-12.71%) [13]. Valuation Changes - The current PE-TTM for the Shenwan military sector is 74.13, placing it in the upper range historically, with a valuation percentile of 64.19% since January 2014 and 89.96% since January 2019 [12]. - The report indicates a slight differentiation in valuations among sub-sectors, with aerospace and aviation equipment PE valuations at relatively high levels since 2020 [12]. Key Valuation Targets - The report lists key valuation targets in the military sector, including companies like Feilihua, Tianqin Equipment, and Chengdu Huami, with projected earnings and PE ratios for the coming years [21][24].

北京航天长峰股份有限公司 2024 年年度股东大会资料 二〇二五年五月 1 | | | | 北京航天长峰股份有限公司 2024 年年度股东大会会议议程 3 | | --- | | 北京航天长峰股份有限公司 2024 年年度股东大会会议规则 5 | | 议案一：北京航天长峰股份有限公司 2024 年度董事会工作报告 7 | | 18 议案二：北京航天长峰股份有限公司 2024 年度监事会工作报告 | | 议案三：北京航天长峰股份有限公司 2024 年年度报告全文及摘要 24 | | 议案四：北京航天长峰股份有限公司关于 2024 年度拟不进行利润分配的预案 25 | | 议案五：北京航天长峰股份有限公司 2024 年度财务决算报告 27 | | 议案六：北京航天长峰股份有限公司 2025 年度财务预算报告 31 | | 议案七：北京航天长峰股份有限公司关于确认董事、高级管理人员 2024 年薪酬的议 | | 案 35 | | 议案八：北京航天长峰股份有限公司关于 2025 年向航天科工财务有限责任公司等金 | | 融机构申请综合授信的议案 37 | | 议案九：北京航天长峰股份有限公司关于与航天科工财务有限责任 ...

Core Viewpoint - The stock of Aerospace Changfeng has experienced a significant surge, achieving three consecutive daily limit-ups, with a total increase of 33.18% during this period [2] Stock Performance - As of May 8, the stock price reached 14.61 yuan, with a turnover rate of 0.40% and a trading volume of 1.8674 million shares, amounting to a transaction value of 27.2821 million yuan [2] - The stock's limit-up order amount reached 3.030 billion yuan [2] - The total market capitalization of the stock in the A-share market is 6.845 billion yuan, with a circulating market capitalization of 6.832 billion yuan [2] Margin Trading Data - As of May 8, the margin trading balance for the stock was 228 million yuan, with a financing balance of 228 million yuan, reflecting a decrease of 5.3016 million yuan from the previous trading day, a decline of 2.28% [2] - Over the past three days, the margin trading balance has decreased by a total of 12.3424 million yuan, representing a 5.14% decline [2] Trading Activity - The stock was listed on the Dragon and Tiger list due to a cumulative price deviation of 20% over three trading days and a daily price deviation of 7% [2] - The net selling by the Shanghai Stock Connect amounted to 15.6731 million yuan, while the total net selling by brokerage seats was 2.0333 million yuan [2] Financial Performance - According to the Q1 report released on April 29, the company achieved total operating revenue of 100 million yuan, a year-on-year decrease of 33.89%, and a net profit of -43 million yuan, a year-on-year increase of 1.06% [2] Recent Stock Trends - The stock's daily performance over the past week shows significant fluctuations, with the highest daily increase of 10.03% on May 7 and a net inflow of 85.7084 million yuan on the same day [2]

Core Viewpoint - The A-share military industry sector is experiencing renewed activity, with several companies showing significant price movements and gains [1] Group 1: Company Performance - Chengfei Integration and Aerospace Changfeng have achieved three consecutive trading limit increases [1] - Tianjian Technology has reached a trading limit increase, indicating strong market interest [1] - Qifeng Precision has seen a price increase of over 10%, reflecting positive investor sentiment [1] - Companies such as Huawu Co. and AVIC Chengfei opened higher, suggesting a bullish trend in the sector [1]

证券代码：600855 证券简称：航天长峰 公告编号：2025-021 公司股票交易于 2025 年 5 月 06 日、5 月 07 日、5 月 08 日连续三个交易 日内日收盘价格涨幅偏离值累计达到 20%，根据《上海证券交易所交易规则》的 有关规定，属于股票交易价格异常波动的情形。 经公司自查并向公司控股股东、实际控制人征询信息及核实，截至本公告 披露日，除本公司已披露事项外，不存在应披露而未披露的重大信息。 敬请广大投资者注意投资风险，谨慎投资。 一、股票交易异常波动的具体情况 北京航天长峰股份有限公司股票交易于 2025 年 5 月 06 日、5 月 07 日、5 月 08 日连续三个交易日内日收盘价格涨幅偏离值累计达到 20%，根据《上海证 券交易所交易规则》的有关规定，属于股票交易价格异常波动的情形。 二、公司关注并核实的相关情况 北京航天长峰股份有限公司 股票交易异常波动公告 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法律责任。 重要内容提示： 三、相关风险提示 公司股票交易于 2025 年 5 月 06 日、5 月 ...