证券代码：603267 证券简称：鸿远电子 公告编号：临 2025-025 北京元六鸿远电子科技股份有限公司 关于为子公司提供担保的进展公告 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： 一、担保情况概述 （一）担保基本情况 为支持子公司业务发展，根据其经营业务实际需要，北京元六鸿远电子科技 股份有限公司（以下简称"公司"）为鸿立芯、成都蓉微向中国工商银行股份有 限公司成都沙河支行申请综合授信额度提供连带责任担保，最高担保合同金额分 别为人民币 500 万元、300 万元；为鸿立芯向成都农村商业银行股份有限公司合 1 被担保人名称：成都鸿立芯半导体有限公司（以下简称"鸿立芯"）、成 都蓉微微波电子科技有限公司（以下简称"成都蓉微"） 本次担保金额：本次为鸿立芯、成都蓉微提供的最高担保合同金额分别 为人民币 1,500 万元、300 万元；截至目前，公司为其提供的担保合同 金额为人民币 10,300 万元，已实际为其提供的担保余额为人民币 4,691.70 万元。 本次担保是否有反担保：无 对外担保逾期的累计数 ...

Investment Rating - The report maintains an "Outperform" rating for the defense and military industry [5]. Core Insights - NATO is expected to increase defense budgets, presenting new opportunities for military trade, particularly for China [2][35]. - The defense industry is poised for long-term growth, with recovery in demand and a clear roadmap for modernization by 2035 and 2050 [3][36]. - The low-altitude economy is gaining attention, supported by recent policies and strategic partnerships, indicating a potential growth area [31][34]. Summary by Sections Market Review - The Shenwan Defense and Military Index fell by 1.18%, ranking 30th among 31 sectors [1][13]. - The PE (TTM) ratio for the defense sector is 74.26, with aerospace equipment at 133.63 and ground armaments at 138.63 [19][27]. Key Recommendations - Focus on downstream manufacturers such as Hongdu Aviation and AVIC Shenyang Aircraft [4]. - Highlight new technologies in military applications, including companies like Lianchuang Optoelectronics and Guangqi Technology [4]. - Emphasize underwater equipment and missile industry chains, with key players like Hailanxin and Guokai Military Industry [4]. Industry Dynamics - The global military trade market is expected to grow due to increased defense spending, particularly in NATO countries [2][35]. - China's military trade exports are anticipated to rise, benefiting from geopolitical tensions and a competitive edge in weaponry [41][39].

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].

Group 1 - Beijing Yuanliuhongyuan Electronic Technology Co., Ltd. has obtained a patent for a "filter testing seat," which is applicable to various filters [1] - The patent was granted on May 17, 2025, with an application date of May 2024, indicating the company's ongoing innovation in filter testing technology [1] - The company has a registered capital of 231.08 million RMB and has participated in 517 bidding projects [2] Group 2 - Beijing Yuanliuhongyuan Electronic Technology Co., Ltd. was established in 2001 and primarily engages in the manufacturing of computers, communications, and other electronic devices [2] - The company holds a total of 232 patents and has 65 trademark registrations, showcasing its strong intellectual property portfolio [2] - Beijing Yuanliuhongyuan Electronic Technology Co., Ltd. has made investments in 14 other companies, indicating its active role in the industry [2]

Investment Rating - The report rates the defense and military industry as "better than the market" [4]. Core Insights - The recent conflict between India and Pakistan, where Pakistan used Chinese weapons to shoot down multiple Indian aircraft, has created new opportunities for China's military trade [2][34]. - Pakistan has imported over 80% of its military equipment from China in the past five years, highlighting its role as a key partner in China's Belt and Road Initiative [2][35]. - The demand for advanced military equipment, such as air defense systems and drones, is increasing due to the ongoing tensions in the region [2][35]. Summary by Sections Market Review - The defense and military index rose by 6.33% last week, outperforming other major indices [13]. - The current PE (TTM) for the defense and military sector is 76.08, with aerospace equipment at 136.47 and ground weaponry at 144.71 [21]. Key Recommendations - Recommended companies include: Hongdu Aviation, AVIC Shenyang Aircraft, AVIC Xi'an Aircraft, and Zhongji Aviation for downstream manufacturers; and companies like Lianchuang Optoelectronics and Guangqi Technology for military technology [3][36]. Industry Dynamics - The military industry is expected to see long-term growth, with demand recovering and production capacity improving [3]. - The global military trade market has shown steady growth, with military spending correlating with trade volume [36][42]. Military Trade Insights - The top five military exporters from 2019 to 2023 were the USA (41.7%), France (10.9%), Russia (10.5%), China (5.8%), and Germany (5.6%) [39]. - China's military exports have been rapidly increasing, with a market share of 8.35% in 2023, driven by competitive weaponry and a decline in Russian exports [42][44].

Investment Rating - The report rates the defense and military industry as "Overweight" indicating a positive outlook for the sector [3][29]. Core Insights - The defense and military industry is expected to enter a new cycle driven by geopolitical conflicts, enhancing China's military trade focus and opening international markets for Chinese military products [5][3]. - The ongoing tariff conflicts highlight the comparative advantages of the military industry, with increased emphasis on self-sufficiency and potential growth in military investments [5][3]. - The fundamental changes in the military sector are solidifying the basis for industry growth, with a focus on quality and quantity improvements as the military approaches its centenary goals [5][3]. - There is a recommendation to increase attention on military stocks, particularly those related to precision-guided weapons, underwater capabilities, AI/robotics, and traditional aircraft supply chains [5][3]. Market Review - Last week, the Shenwan Defense and Military Index rose by 6.33%, outperforming major indices such as the Shanghai Composite Index, which increased by 1.92% [6][3]. - The top five performing stocks in the defense sector included Chengxi Aviation (59.26%), Hwa Wo (48.85%), and Lijun (36.49%) [6][14]. - Conversely, the bottom five performers were Platinum (−4.26%), Lingyun (−4.00%), and Guangdong Hongda (−2.52%) [6][15]. Valuation Changes - The current PE-TTM for the Shenwan military sector is 75.10, indicating it is in the upper range historically, with a valuation percentile of 65.46% since January 2014 [15][19]. - The aerospace and aviation equipment sectors are noted to be at relatively high valuation levels since 2020 [15][19]. Key Valuation Targets - The report lists key valuation targets, including companies like Feili Hua, Tianqin Equipment, and Aerospace Electronics, with projected earnings growth and PE ratios indicating potential investment opportunities [21][24].

陈天畏女士在担任公司监事会主席期间，恪尽职守、勤勉尽责，忠实履行了 作为监事会主席的职责和义务，为公司规范运作和持续稳健发展发挥了积极作用。 公司对陈天畏女士为公司发展所做的努力和贡献表示衷心的感谢，对陈天畏女士 的不幸逝世表示沉痛的哀悼，并向其家属致以深切慰问。 截至本公告日，陈天畏女士持有公司股份 630,909 股，占公司总股本 0.27%。 陈天畏女士持有的公司股份将按照法律法规相关规定办理继承手续。 证券代码：603267 证券简称：鸿远电子 公告编号：临 2025-024 北京元六鸿远电子科技股份有限公司 关于监事会主席逝世的公告 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。 北京元六鸿远电子科技股份有限公司（以下简称"公司"）沉痛公告，公司 第三届监事会主席陈天畏女士于近日因病不幸逝世。 陈天畏女士逝世后，公司监事会成员减少至 2 人，低于《公司法》和《公司 章程》相关规定，公司将根据有关法律法规的规定，尽快完成《公司章程》修订 等工作，并及时履行信息披露义务。 特此公告。 北京元六鸿远电子科技股份有限公司董事 ...

证券代码：603267 证券简称：鸿远电子 公告编号：临2025-023 重要内容提示： ● 每股分配比例 A股每股现金红利0.17元（含税） 一、通过分配方案的股东会届次和日期 本次利润分配方案经北京元六鸿远电子科技股份有限公司（以下简称"公司"）2025年4月17日的2024年 年度股东会审议通过。 北京元六鸿远电子科技股份有限公司 2024年年度权益分派实施公告 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。 二、分配方案 1.发放年度：2024年年度 2.分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分公司（以下简 称"中国结算上海分公司"）登记在册的本公司全体股东（公司回购专用证券账户除外）。 根据《上海证券交易所上市公司自律监管指引第7号一一回购股份》等有关规定，公司回购专用账户中 的股份，不享有利润分配、公积金转增股本的权利。基于此，公司存放于回购专用证券账户中的股份将 不参与本次利润分配。 3.差异化分红送转方案： （1）本次差异化分红送转方案 公司2024年度拟以实施权 ...

Core Viewpoint - The legal opinion issued by Beijing Tianyuan Law Firm confirms that the differentiated dividend distribution plan proposed by Beijing Yuanliuhongyuan Electronic Technology Co., Ltd. complies with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [6][7]. Group 1: Reasons and Basis for Differentiated Dividend - The company plans to repurchase shares using its own funds through centralized bidding, with previous repurchases resulting in a total of 764,708 shares to be canceled and corresponding capital reduction [4]. - The repurchased shares do not have voting rights or profit distribution rights, necessitating a differentiated dividend distribution due to the discrepancy in total share capital on the dividend record date [4][5]. Group 2: Differentiated Dividend Plan - The company intends to distribute a cash dividend of RMB 0.17 per share (tax included) based on the total number of shares eligible for distribution, which excludes the repurchased shares [5]. - The total undistributed profits as of December 31, 2024, amount to RMB 2,788,494,882.76 [5]. Group 3: Calculation Basis for Differentiated Dividend - The reference price for ex-dividend calculation is determined to be RMB 55.12 per share, with minimal impact from the repurchased shares on the ex-dividend price [5]. - The virtual cash dividend calculated based on the total shares participating in the distribution is approximately RMB 0.17 per share [5].

证券代码：603267 证券简称：鸿远电子 公告编号：临2025-023 北京元六鸿远电子科技股份有限公司 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： ? 每股分配比例 A 股每股现金红利0.17元（含税） ? 相关日期 | 股份类别 | 股权登记日 | | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | --- | | Ａ股 | 2025/5/15 | － | 2025/5/16 | 2025/5/16 | | 本次利润分配方案经北京元六鸿远电子科技股份有限公司（以下简称"公司"）2025 年 二、分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东（公司回购专用证券账 户除外）。 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等有关规定，公司 回购专用账户中的股份，不享有利润分配、公积金转增股本的权利。基于此，公司存放于 ...