Core Viewpoint - China Satcom's stock price has shown fluctuations with a recent decline of 2.00%, while the company has experienced an overall increase of 8.01% in stock price year-to-date [1][2]. Financial Performance - For the period from January to September 2025, China Satcom reported revenue of 1.852 billion yuan, reflecting a year-on-year growth of 5.35%. However, the net profit attributable to shareholders decreased by 40.58% to 286 million yuan [2]. - Cumulative cash dividends since the A-share listing amount to 733 million yuan, with 425 million yuan distributed over the past three years [2]. Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 25.75% to 167,200, while the average circulating shares per person decreased by 20.48% to 25,271 shares [2]. - The top ten circulating shareholders include several ETFs, with notable reductions in holdings for major funds such as Huatai-PB CSI 300 ETF and E Fund CSI 300 ETF [2]. Market Activity - As of November 13, 2023, China Satcom's stock was trading at 22.00 yuan per share, with a total market capitalization of approximately 92.936 billion yuan. The trading volume reached 1.266 billion yuan, with a turnover rate of 1.34% [1]. - The net outflow of main funds was 2.5783 million yuan, with significant buying and selling activity observed in large orders [1].

Core Insights - The aerospace equipment sector experienced a rise of 1.31% on November 12, with China Satellite leading the gains [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Sector Performance - China Satellite (600118) closed at 44.99, up 3.66%, with a trading volume of 690,900 shares and a transaction value of 2.994 billion [1] - Aerospace Huanyu (688523) closed at 26.36, up 3.05%, with a trading volume of 117,200 shares and a transaction value of 300 million [1] - China Satcom (601698) closed at 22.45, up 1.35%, with a trading volume of 646,800 shares and a transaction value of 1.419 billion [1] - Other notable performances include: - Ligong Navigation (688282) at 49.83, up 0.06% - Zhongtian Rocket (003009) at 50.57, unchanged - Xingwang Yuda (002829) at 28.13, down 0.78% - Aerospace Electronics (600879) at 11.09, down 0.89% - Xinyu Guoke (300722) at 31.25, down 1.33% [1] Capital Flow Analysis - The aerospace equipment sector saw a net outflow of 260 million from institutional investors, while retail investors contributed a net inflow of 209 million [1] - The detailed capital flow for key stocks includes: - Aerospace Electronics (600879) with a net outflow of 32.0185 million from institutional investors [2] - Xingwang Yuda (002829) with a net inflow of 750.72 thousand from retail investors [2] - China Satellite (600118) experienced a significant net outflow of 268 million from institutional investors [2]

Core Insights - The aerospace equipment sector experienced a 1.67% increase on November 10, with Xingwang Yuda leading the gains [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Sector Performance - Xingwang Yuda (002829) closed at 29.63, up 6.39% with a trading volume of 219,200 shares and a transaction value of 638 million [1] - Aerospace Electronics (600879) closed at 11.48, up 4.74% with a trading volume of 1,590,600 shares and a transaction value of 1.842 billion [1] - China Satellite (600118) closed at 45.75, up 2.81% with a trading volume of 816,300 shares and a transaction value of 374.3 million [1] - Other notable performances include Zhongtian Rocket (003009) up 0.76% and LIGONG Navigation (688282) up 0.22% [1] Capital Flow Analysis - The aerospace equipment sector saw a net outflow of 24.7098 million from institutional investors, while retail investors experienced a net outflow of 88.2521 million [1] - Conversely, speculative funds recorded a net inflow of 113 million [1] - Aerospace Electronics had a net inflow of 99.7684 million from institutional investors, while retail investors saw a net outflow of 7.5183 million [2] - Xingwang Yuda experienced a net inflow of 54.7523 million from institutional investors but a significant net outflow of 5.50624 million from retail investors [2]

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： 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：601698 证券简称：中国卫通 公告编号：2025-059 中国卫通集团股份有限公司关于 召开2025年第三季度业绩说明会的公告 五、联系人及咨询办法 ● 投资者可以在2025年11月16日（星期日）中午12:00前通过中证路演中心平台或本公告后附的公司邮 箱进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 中国卫通集团股份有限公司（简称"公司"）2025年第三季度报告已于2025年10月31日通过上海证券交易 所网站www.sse.com.cn披露，为便于广大投资者更全面深入地了解公司的经营情况，公司计划于2025年 11月17日上午 09:00-10:00举行2025年第三季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对2025年第三季度的经营成果、财务指标等相关事宜 与投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普遍 ...

Core Insights - The aerospace equipment sector experienced a 2.63% increase on November 7, with Aerospace Hanyu leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Sector Performance - Aerospace Hanyu (688523) closed at 26.99, up 7.06% with a trading volume of 159,200 shares and a transaction value of 417 million [1] - China Satellite (600118) closed at 44.50, up 3.63% with a trading volume of 699,300 shares and a transaction value of 3.065 billion [1] - China Telecom (601698) closed at 22.33, up 3.38% with a trading volume of 748,300 shares and a transaction value of 1.652 billion [1] - New Meeting National Science (300722) closed at 32.52, up 1.15% with a trading volume of 96,600 shares and a transaction value of 317 million [1] - Aerospace Electronics (600879) closed at 10.96, up 0.83% with a trading volume of 518,500 shares and a transaction value of 562 million [1] - Zhongtian Rocket (003009) closed at 52.78, up 0.61% with a trading volume of 35,800 shares and a transaction value of 2.668 million [1] - Ligong Navigation (688282) closed at 50.61, down 0.76% with a trading volume of 5,096 shares and a transaction value of 2.591 million [1] - StarNet Yuda (002829) closed at 27.85, down 2.45% with a trading volume of 154,100 shares and a transaction value of 431 million [1] Capital Flow - The aerospace equipment sector saw a net inflow of 437 million from institutional investors and 153 million from retail investors, while retail investors had a net outflow of 590 million [1] - China Telecom (601698) had a net inflow of 217 million from institutional investors, while retail investors experienced a net outflow of 208 million [2] - China Satellite (600118) had a net inflow of 178 million from institutional investors, with retail investors seeing a net outflow of 259 million [2] - Aerospace Hanyu (688523) had a net inflow of 29.639 million from institutional investors, while retail investors had a net outflow of 47.753 million [2] - Aerospace Electronics (600879) had a net inflow of 18.672 million from institutional investors, with retail investors experiencing a net outflow of 27.995 million [2] - New Meeting National Science (300722) had a net inflow of 13.292 million from institutional investors, while retail investors had a net outflow of 18.318 million [2] - Ligong Navigation (688282) had a net inflow of 803,500 from institutional investors, with retail investors seeing a net outflow of 2.184 million [2] - StarNet Yuda (002829) had a net outflow of 8.372 million from institutional investors, while retail investors had a net inflow of 41.988 million [2] - Zhongtian Rocket (003009) had a net outflow of 11.797 million from institutional investors, while retail investors had a net inflow of 689,360 [2]

证券代码：601698 证券简称：中国卫通 公告编号：2025-059 中国卫通集团股份有限公司关于 召开 2025 年第三季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 11 月 17 日（星期一）上午 9:00-10:00 会议召开地点: 中证网中证路演中心平台（网址: https://www.cs.com.cn/roadshow/） 会议召开方式：中证路演中心网络互动 投资者可以在 2025 年 11 月 16 日（星期日）中午 12:00 前通过中证路演中心平台或本公告后附的公司邮箱进 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。 中国卫通集团股份有限公司（简称"公司"）2025 年第 三季度报告已于 2025 年 10 月 31 日通过上海证券交易所网 站 www.sse.com.cn 披露，为便于广大投资者更全面深入地了 解公司的经营情况，公司计划于 2025 年 11 月 17 日上午 09:00-10:00 举行 2025 年第三季 ...

Core Insights - The aerospace equipment sector in A-shares has shown significant improvement in Q3 performance, indicating an industry turning point [1] Company Summaries - China Satcom reported a Q3 revenue increase of 3.52% to 632 million yuan and a net profit increase of 41.44% to 105 million yuan, with a notable reduction in year-to-date net profit decline from 55.59% in H1 to 40.58% in Q3 [1] - China Satellite's Q3 revenue surged by 177.31% to 1.782 billion yuan, with net profit soaring by 294.92% to 45.3 million yuan, marking a turnaround in year-to-date net profit growth of 200.48% [1][2] - Xinxing Yuda's Q3 revenue rose by 27.84% to 118 million yuan, with net profit increasing by 816.08% to 54.3 million yuan [3] - Aerospace Electronics experienced a Q3 revenue growth of 97.97% to 3.014 billion yuan, but net profit decreased by 88.65% to 3.5 million yuan [3] - Xinyu Guoke's Q3 revenue slightly decreased by 1.69% to 97.2 million yuan, with net profit also down by 1.04% to 21.8 million yuan, although it showed a significant decline in previous quarters [3] Financial Metrics - China Satellite's accounts receivable increased by 90.26% to 3.833 billion yuan by the end of Q3, while accounts payable rose by 23.88% to 3.775 billion yuan [2] - China Satcom's year-to-date net profit decline was significantly reduced, indicating improved operational efficiency [1]

Core Viewpoint - China Satcom (601698.SH) reported a total operating revenue of 1.852 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 5.35% while the net profit attributable to shareholders decreased by 40.58% to 286 million yuan, with basic earnings per share at 0.0676 yuan [1] Financial Performance - Total operating revenue for the first three quarters reached 1.852 billion yuan, marking a 5.35% increase year-on-year [1] - Net profit attributable to shareholders was 286 million yuan, showing a significant decline of 40.58% compared to the previous year [1] - Basic earnings per share stood at 0.0676 yuan [1]

中国卫通集团股份有限公司信息披露管理规定 （2025 年修订版） 第一章 总 则 第一条 为规范中国卫通集团股份有限公司（以下简称"公司"） 的信息披露行为，提高公司信息披露的及时性、公平性、真实性、准 确性及完整性，切实保护投资者合法权益，根据《中华人民共和国公 司法》《中华人民共和国证券法》《上市公司信息披露管理办法》《上 海证券交易所股票上市规则》《上海证券交易所上市公司自律监管指 引第 2 号—信息披露事务管理》等有关法律、法规、规范性文件和《中 国卫通集团股份有限公司章程》（以下简称"《公司章程》"）的规定， 并结合公司实际，制定本规定。 第二条 本规定适用于以下人员和机构： （一）公司董事和董事会； （二）公司高级管理人员； （三）公司董事会秘书和合规管理部（董事会办公室）； （四）公司各部门及子公司负责人； （五）公司控股股东和持股 5%以上的股东； （六）其他负有信息披露职责的公司人员和部门。 第三条 合规管理部（董事会办公室）是负责公司信息披露事务 的常设机构，是公司信息披露事务的管理部门。 公司董事会应当保证本规定的有效实施，确保公司相关信息披露 的及时性和公平性，以及信息披露内容的真实、 ...

证券代码：601698 证券简称：中国卫通 公告编号：2025-058 中国卫通集团股份有限公司 第三届董事会第二十七次会议决议公告 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。 一、董事会会议召开情况 中国卫通集团股份有限公司（简称"公司"）第三届董 事会第二十七次会议于 2025 年 10 月 30 日以通讯方式召开， 公司于 2025 年 10 月 23 日以通讯方式发出了会议通知及文 件。本次会议应出席的董事九名，实际出席的董事九名。本 次董事会由孙京董事长主持，会议的召开符合《中华人民共 和国公司法》等有关法律和《中国卫通集团股份有限公司章 程》的规定，所做决议合法有效。 二、董事会会议审议情况 （二）审议通过《中国卫通关于进一步完善经理层成员 考核指标的议案》 表决结果：9 票赞成、0 票弃权、0 票反对，议案获得通 过。 （三）审议通过《中国卫通关于修订<信息披露管理规 定>的议案》 详细情况见与本公告同时刊载于上海证券交易所网站 （www.sse.com.cn）的《中国卫通集团股份有限公司信息披 露管理规定》 ...