Group 1 - The core viewpoint of the article is that Haoneng Co., Ltd. (603809) has confirmed that some of its aerospace components can be used in attitude control engines [1] Group 2 - The company engaged with investors on an interactive platform to address inquiries regarding its product applications [1] - The mention of aerospace components indicates the company's involvement in the aerospace industry, potentially highlighting its technological capabilities [1]

Group 1 - The company, Haoneng Co., Ltd. (603809.SH), stated on the investor interaction platform that it does not hold shares in Zhongke Aerospace Co., Ltd. and has no investment relationship with this entity [1]

Group 1 - The company, Haoneng Co., Ltd. (603809.SH), stated on the investor interaction platform that it does not hold shares in Zhongke Aerospace Co., Ltd. and has no investment relationship with this entity [1]

证券代码：603809 证券简称：豪能股份 公告编号：2026-004 成都豪能科技股份有限公司 关于为全资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： 累计担保情况 一、担保情况概述 （一）担保的基本情况 因泸州长江机械有限公司（以下简称"长江机械"）授信事宜，成都豪能科 技股份有限公司（以下简称"公司"或"豪能股份"）与招商银行股份有限公司 泸州分行签订了合同号为【128XY260113T00019401】的《最高额不可撤销担保 书》，为长江机械与其签订的《授信协议》提供授信本金最高限额为人民币 10,000.00 万元的连带责任担保。同时长江机械与招商银行股份有限公司泸州分 行间尚未清偿的余额自动纳入本次合同担保的授信额度范围。 （二）内部决策程序 担保对象及基本情况 | 被担保人名称 | 本次担保金额 | 实际为其提供的担 保余额（不含本次担 | | 是否在前期 | 本次担保是 | | --- | --- | --- | --- | --- | --- | | | | 保金额 ...

Investment Rating - The report maintains an "Outperform" rating for the commercial aerospace industry [1] Core Insights - The aerospace sector is transitioning from being viewed as a "cost center" driven by national will to a "growth engine" driven by commercial demand, with significant investments and strategic planning from both the US and China [6][9] - The global aerospace economy is projected to reach $613 billion in 2024, with commercial aerospace contributing 78%, and is expected to exceed $1 trillion by 2032 [6][9] - The value chain of commercial aerospace is divided into five core levels: "space, ground, terminal, rocket, and application," each presenting unique market opportunities and technical challenges from 2026 to 2030 [10][29] Summary by Sections 1. Space: Satellite Manufacturing - The satellite manufacturing market in China is expected to grow from approximately 7.1 billion yuan in 2025 to about 39.4 billion yuan by 2030, reflecting a shift from sporadic research models to continuous, batch engineering deliveries [16][18] 2. Ground: Ground Systems - The ground systems market is projected to increase from around 1.2 billion yuan in 2025 to approximately 39.1 billion yuan by 2030, evolving from a supporting role to a core infrastructure essential for stable satellite constellation operations [21][22] 3. Terminal: Key Variable for Commercial Aerospace - The terminal market is anticipated to grow from 500 million yuan in 2025 to about 141.9 billion yuan by 2030, driven by multiple vertical industries and potential consumer scenarios [23][24] 4. Rocket: Core Constraint - The cost of rocket launches is a critical constraint, with reusable technology expected to reduce costs by 80%-90% compared to traditional expendable rockets. The market for rocket launch services is projected to grow from approximately 10.7 billion yuan in 2025 to about 34.3 billion yuan by 2030 [25][26] 5. Application: Final Value Realization - The application market is expected to expand from 200 million yuan in 2025 to 525 billion yuan by 2030, with the revenue share from applications projected to rise from single digits to over 67% by around 2030 [27][28] 6. Investment Opportunities - Investment opportunities in commercial aerospace can be categorized into three main tracks: 1. Launch and manufacturing segments, which are expected to benefit directly from increased orders and visibility 2. Core components and systems, characterized by high technical barriers and critical for long-term competitiveness 3. Downstream applications and operational services, which, while currently limited in scale, hold the greatest long-term potential for value realization [29][30]

Core Viewpoint - The company, Haoneng Co., Ltd., has shown a positive trend in its stock performance and financial metrics, indicating potential growth opportunities in the automotive components sector [1][2]. Group 1: Stock Performance - On January 16, Haoneng's stock increased by 2.33%, with a trading volume of 630 million yuan [1]. - The financing buy-in amount for Haoneng on the same day was 55.36 million yuan, while the financing repayment was 55.83 million yuan, resulting in a net financing outflow of 463,900 yuan [1]. - As of January 16, the total financing and securities balance for Haoneng was 457 million yuan, with the financing balance accounting for 3.51% of the circulating market value [1]. Group 2: Financial Performance - For the period from January to September 2025, Haoneng achieved an operating income of 1.895 billion yuan, representing a year-on-year growth of 12.25% [2]. - The net profit attributable to the parent company for the same period was 266 million yuan, reflecting a year-on-year increase of 9.11% [2]. - Since its A-share listing, Haoneng has distributed a total of 626 million yuan in dividends, with 278 million yuan distributed over the past three years [2]. Group 3: Shareholder Information - As of September 30, 2025, Haoneng had 50,900 shareholders, an increase of 38.63% compared to the previous period [2]. - The average number of circulating shares per shareholder was 18,072, which decreased by 22.80% from the previous period [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited entered as the ninth largest shareholder with 13.36 million shares, while Penghua Carbon Neutral Theme Mixed A reduced its holdings by 9.40 million shares [2].

Investment Rating - The report maintains a positive outlook for the automotive industry, expecting a rebound in vehicle sales in Q1 and focusing on investments in intelligent driving, robotics, and liquid cooling technologies [3]. Core Insights - The automotive sector is experiencing significant dynamics, including sales, pricing, exports, and robotics developments [2]. - The report highlights that January's early sales data shows a substantial year-on-year decline, primarily due to subsidy reductions and rising vehicle prices, leading to consumer hesitation [5]. - The report anticipates that the pressure on vehicle prices will be managed through strict enforcement of anti-competitive practices, aiming to stabilize prices and profit margins [5]. - The export market is expected to grow rapidly, supported by agreements that lower trade barriers for electric vehicles, enhancing profitability for manufacturers and dealers [5]. - The robotics sector is gaining traction, with the Optimus V3 generating market excitement and expectations for product launches [5]. Data Tracking - In early January, the average discount rate remained stable, with a 9.6% increase year-on-year, and the average discount amount reached 22,259 yuan, up by 2,192 yuan year-on-year [4]. - December's wholesale vehicle sales were reported at 2.85 million units, reflecting a year-on-year decline of 8.7% and a month-on-month decline of 6.3% [4]. - Notable sales performance in December included significant year-on-year growth for new energy vehicle manufacturers like NIO and Li Auto, while traditional automakers like SAIC and Changan showed mixed results [6]. Industry News - The report discusses various industry developments, including the price commitments for electric vehicles between China and Europe, which aim to facilitate trade [27]. - The Ministry of Industry and Information Technology is focusing on enhancing the competitiveness of the new energy vehicle sector and regulating market practices to prevent price wars [27]. - Recent data indicates a significant drop in retail sales of passenger vehicles in early January, with a 32% year-on-year decline [27]. Market Performance - The automotive sector saw a weekly increase of 0.71%, ranking 8th out of 29 sectors, while the overall market indices showed mixed results [10].

Group 1 - The core point of the article is that Haoneng Co., Ltd. announced the approval of a proposal regarding the sale and leasing of certain assets by its wholly-owned subsidiary during the first extraordinary shareholders' meeting of 2026 [2] Group 2 - The announcement was made on January 16, indicating the company's ongoing strategic asset management [2]

证券代码：603809 证券简称：豪能股份 公告编号：2026-003 成都豪能科技股份有限公司 2026年第一次临时股东会决议公告 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 | 1、出席会议的股东和代理人人数 | 938 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 339,527,410 | | 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 | 36.8936 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 (一) 股东会召开的时间：2026 年 1 月 16 日 (二) 股东会召开的地点：四川省成都经济技术开发区南二路 288 号成都豪能科 技股份有限公司会议室 (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： 二、 议案审议情况 审议结果：通过 表决情况： | 股东类型 | 同意 | | 反对 | | 弃权 | ...

深圳市福田区益田路 6001 号太平金融大厦 11、12 楼 邮政编码：518038 11-12F, Tai Ping Finance Tower, 6001 Yitian Road, Futian District, Shenzhen, China 电话(Tel)：(0755)88265288 传真(Fax) ：(0755) 83265537 电子邮件（E-mail）：info@sundiallawfirm.com 网站（Website）：www.sundiallawfirm.com 广东信达律师事务所 关于成都豪能科技股份有限公司 2026 年第一次临时股东会的 广东信达律师事务所 股东会法律意见书 法律意见书 信达会字（2026）第 009 号 致：成都豪能科技股份有限公司 广东信达律师事务所（以下简称"信达"）接受成都豪能科技股份有限公司 （下称"贵公司"）的委托，指派律师参加了贵公司 2026 年第一次临时股东会（下 称"本次股东会"），并进行了必要的验证工作。现根据《中华人民共和国公司法》 （下称"《公司法》"）、《上市公司股东会规则》（下称"《股东会规则》"）以及贵 公司《公司章程》的规定，按照 ...