11月6日，位于黄陂区的武汉中车长客轨道车辆有限公司生产车间内，工人们正在有序装配生产12号线地铁车厢。同样位于武汉轨道 交通基地车辆段检修车间内，维修工人们正围着地铁列车进行仔细检查。手持专业工具的工人们俯身作业，仔细检测着每一个零部件的磨 损情况。 据了解，武汉轨交基地园区目前入驻企业92家，其中过半企业已涉足维保业务，从单一造新车到新造和维保并举，这个基地的产业链 正不断延伸。 前不久，基地内的两家企业武汉今创和朗进科技同时接到维保订单：武汉轨道交通3号线、4号线、6号线的部分车辆已经到了大检修 的时间，两家企业分别负责管通道维保和空调维保。 在检修现场，技术人员讲解了列车维修的精细流程，并向记者展示了武汉轨道交通各列车的维保时间。地铁、轻轨列车都需要严格按 照周期进行维护保养，以保证正常运转：每日检查、双日检、周检、月检、半年检和年检，以及3年定修、6年架修、10年大修。 "在列车的整个生命周期内，维修价格是新车价格的两倍。与新造市场相比，维保业务更具持续性和稳定性。"武汉轨交基地招商部部 长段犇介绍，武汉轨道交通基地是武汉市地铁车厢的重要生产基地，目前已有65%的地铁车厢源自该基地。 他向记者算了一 ...

证券之星消息，11月6日轨交设备板块较上一交易日上涨1.52%，通业科技领涨。当日上证指数报收于 4007.76，上涨0.97%。深证成指报收于13452.42，上涨1.73%。轨交设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300960 | 通业科技 | 28.60 | 10.00% | 9.98万 | | 2.88亿 | | 601766 | 中国中车 | 7.91 | 2.46% | 141.11万 | | 11.13亿 | | 600458 | 时代新材 | 14.35 | 2.43% | 15.29万 | | 2.19亿 | | 603111 | 康尼机电 | 7.45 | 1.78% | 9.55万 | 7088.10万 | | | 688367 | 工大高科 | 22.63 | 1.57% | 2.29万 | 5122.18万 | | | 688187 | 时代电气 | 52.50 | 1.57% | 6.38万 | | 3.36亿 | ...

天眼查App显示，近日，常州今创航空航天产业投资有限公司成立，法定代表人为高锋，注册资本1亿 元，经营范围包括微小卫星科研试验、微小卫星生产制造、火箭发射设备研发和制造等。股东信息显 示，该公司由今创集团（603680）全资持股。 （文章来源：证券日报） ...

Core Viewpoint - A new company, Changzhou Jinchang Aerospace Industry Investment Co., Ltd., has been established with a registered capital of 100 million RMB, focusing on micro-satellite research, production, and rocket launch equipment development [1] Company Summary - The legal representative of the new company is Gao Feng [1] - The company is wholly owned by Jinchang Group (603680) [1] Industry Summary - The business scope includes micro-satellite research and testing, micro-satellite manufacturing, and the research and manufacturing of rocket launch equipment [1]

企查查APP显示，近日，常州今创航空航天产业投资有限公司成立，注册资本1亿元，经营范围包含：微小卫星科研试验；微小卫星生产制造；火箭发射设 备研发和制造；人工智能行业应用系统集成服务；人工智能公共服务平台技术咨询服务等。企查查股权穿透显示，该公司由今创集团（603680）全资持股。 | 什奇香 R可 | 全国企业信用查询 | 常州今创航空航天产业投资有限公司 | × 查一下 | | --- | --- | --- | --- | | 基本信息 6 | 法律诉讼 | 经营风险 | 经营信息 | | 法定代表人 | 高锋 | 登记状态 | 存续 | | | | 注册资本 | 10000万元 | | 组织机构代码 | MAG2FH6L-6 | 工商注册号 | 320485000092813 | | 企业类型 | 有限责任公司（自然人投资或控 股的法人独资) | 营业期限 | 2025-10-31 至 无固ｽ | | 人员规模 | l | 参保人数 | l | | 所属地区 | 江苏省常州市武进区 | 登记机关 | 江苏常州经济开发区 | | 国标行业 | 铁路、船舶、航空航天和其他运 输设备制造业（C37）∨ | ...

Core Insights - Changzhou Jinchuang Aerospace Industry Investment Co., Ltd. has been established with a registered capital of 100 million yuan [1] - The company's business scope includes research and testing of small satellites, manufacturing of small satellites, research and manufacturing of rocket launch equipment, and AI application system integration services [1] - Jinchuang Group (603680) holds 100% ownership of the newly established company [1]

Core Viewpoint - Jinchuang Group is a significant player in the rail transit vehicle accessory sector, showcasing a full industry chain advantage and diverse product offerings [1] Group 1: Business Performance - In Q3 2025, Jinchuang Group reported revenue of 3.516 billion yuan, ranking 7th among 33 companies in the industry, while the top company, CRRC, had revenue of 183.865 billion yuan [2] - The net profit for the same period was 494 million yuan, placing the company 5th in the industry, with CRRC leading at 12.58 billion yuan [2] - For H1 2025, the company achieved revenue of 2.512 billion yuan, a year-on-year increase of 28%, and a net profit of 367 million yuan, up 149% year-on-year [5][6] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio was 38.37%, slightly above the industry average of 38.16%, indicating improved debt repayment capability [3] - The gross profit margin for Q3 2025 was 30.75%, higher than the industry average of 29.99%, reflecting enhanced profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 27.99% to 15,400, while the average number of circulating A-shares held per shareholder increased by 38.87% to 50,700 [5] - The top ten circulating shareholders included Hong Kong Central Clearing Limited, which increased its holdings by 4.959 million shares [5] Group 4: Management Compensation - The chairman, Yu Jinkun, received a salary of 1.5 million yuan in both 2023 and 2024, indicating stable compensation [4]

Core Viewpoint - Jin Chuang Group (603680.SH) is currently experiencing a significant decline in stock price, closing at 11.08 yuan with a drop of 7.82%, resulting in a total market capitalization of 8.684 billion yuan, indicating the stock is in a state of loss since its IPO price was 32.69 yuan per share [1] Group 1: Company Overview - Jin Chuang Group was listed on the Shanghai Stock Exchange on February 27, 2018, with an initial offering price of 32.69 yuan per share [1] - The company raised a total of 1.37298 billion yuan through its initial public offering (IPO), with a net amount of 1.321814333 billion yuan after deducting related issuance costs [1] - The IPO was approved by the China Securities Regulatory Commission under document number [2017]618 [1] Group 2: Dividend Policies - On July 25, 2018, Jin Chuang Group announced a dividend plan, proposing a bonus issue of 4 shares for every 10 shares held and a pre-tax dividend of 3 yuan [1] - On July 5, 2019, the company revealed another dividend plan, offering a bonus issue of 3 shares for every 10 shares held and a pre-tax dividend of 2 yuan [1]

Group 1: Financial Performance - In the first three quarters of 2025, the company achieved total revenue of 3.516 billion yuan, a year-on-year increase of 15.66% [1] - The net profit attributable to shareholders reached 493 million yuan, representing a year-on-year growth of 69.79% [1] - The net profit after deducting non-recurring gains and losses was 525 million yuan, up 84.52% year-on-year, with a significant increase in net operating cash flow of 428 million yuan compared to the same period last year [1] - The company has maintained positive year-on-year growth in net profit for 11 consecutive reporting periods, demonstrating its strong competitiveness in the rail transit equipment market [1] Group 2: Technological Development - The company has strengthened its forward-looking layout in technology research and development, actively exploring new materials, structures, and fields, while continuously optimizing its intellectual property system [2] - In the first half of 2025, the company added 36 valid patents, including 12 invention patents, bringing the total to 671 valid patents, of which 153 are invention patents [2] - The company played a significant role in the development of the CR450 high-speed train, which set a new record with a single-column speed of 453 km/h and a relative crossing speed of 896 km/h [2] - The company provided numerous components for the CR450 train, achieving a 30% weight reduction in interior products compared to aluminum materials used in the CR400 train, while also enhancing corrosion resistance and impact resistance [2] Group 3: Industry Outlook - The domestic rail transit industry is experiencing unprecedented development opportunities, driven by increasing passenger demand and the improvement of the high-speed rail network [3] - The demand for new vehicle construction and maintenance will be stimulated as early operational lines enter major repair periods, creating a broad incremental space for the rail transit industry [3] - The company holds a positive and optimistic view on the future development of the domestic high-speed rail market, leveraging its deep technical strength and market experience to consolidate its market share [3]

Core Insights - The company reported a total revenue of 3.516 billion yuan for Q3 2025, with a net profit attributable to shareholders of 493 million yuan and a net cash inflow from operating activities of 185 million yuan [1]. Financial Performance - The latest asset-liability ratio stands at 38.37%, which is an increase of 0.20 percentage points from the previous quarter [3]. - The company's gross profit margin is recorded at 30.75%, and the return on equity (ROE) is 8.80% [3]. - The diluted earnings per share (EPS) is 0.63 yuan [3]. - The total asset turnover ratio is 0.38 times, while the inventory turnover ratio is 1.41 times [3]. Shareholder Structure - The number of shareholders is 15,400, with the top ten shareholders holding a total of 695 million shares, accounting for 88.71% of the total share capital [3]. - The largest shareholder, Qian Jinkun, holds 29.78% of the shares, followed by Ge Jianming with 28.61% and China Railway Transportation Co. Limited with 19.48% [3].