Market Overview - The automotive thermal management sector declined by 1.86%, ranking among the top declines in concept sectors as of the market close on October 13 [1] - Within this sector, companies such as Hengshuai Co., Zhejiang Rongtai, and Jingwei Hengrun experienced significant declines, while 18 stocks saw price increases, with Hunan Tianyan, Changying Tong, and Keda Guochuang leading with gains of 6.67%, 6.55%, and 4.51% respectively [1] Concept Sector Performance - The top-performing concept sectors included Rare Earth Permanent Magnets with a gain of 6.92%, and Military Equipment Restructuring Concept with a gain of 3.51% [2] - The automotive thermal management sector was among the laggards, with a decline of 1.86%, alongside other sectors like AI PC and Decelerators [2] Capital Flow Analysis - The automotive thermal management sector saw a net outflow of 1.94 billion yuan, with 91 stocks experiencing net outflows, and 6 stocks seeing outflows exceeding 100 million yuan [2] - The leading stock for net outflow was Sanhua Intelligent Control, with a net outflow of 354 million yuan, followed by Top Group and Huagong Technology with outflows of 251 million yuan and 222 million yuan respectively [2] Notable Stocks in Automotive Thermal Management - Key stocks with significant net outflows included: - Sanhua Intelligent Control: -5.23% with a turnover rate of 5.92% and a net outflow of 353.60 million yuan - Top Group: -4.97% with a turnover rate of 3.39% and a net outflow of 251.08 million yuan - Huagong Technology: -3.19% with a turnover rate of 6.05% and a net outflow of 222.13 million yuan [3][4] Stocks with Positive Capital Inflows - Stocks with notable net inflows included: - Midea Group: 3.59 billion yuan - Feirongda: 57.68 million yuan - Sixuan New Materials: 53.25 million yuan [2][6]

Group 1 - The stock of Chaozhuo Aviation Technology Co., Ltd. (超卓航科) fell by 1.93% on October 10, with a trading volume of 74.64 million yuan [1] - On the same day, the company had a financing purchase amount of 12.54 million yuan and a financing repayment of 10.18 million yuan, resulting in a net financing purchase of 2.36 million yuan [1] - As of October 10, the total financing and securities lending balance for the company was 73.60 million yuan, which accounts for 1.50% of the circulating market value and is at a high level compared to the past year [1] Group 2 - Chaozhuo Aviation Technology Co., Ltd. was established on November 15, 2006, and went public on July 1, 2022, primarily engaged in the maintenance of airborne equipment for both military and civilian aircraft [2] - The main business revenue composition includes: 35.98% from aerospace components and consumables additive manufacturing, 29.36% from new energy vehicle parts manufacturing, 18.26% from precision equipment and parts manufacturing, 13.91% from airborne equipment maintenance, and 2.50% from sales of aviation materials and others [2] - For the first half of 2025, the company reported an operating income of 164 million yuan, a year-on-year decrease of 9.32%, and a net profit attributable to shareholders of 4.37 million yuan, down 71.51% year-on-year [2] Group 3 - Since its A-share listing, Chaozhuo Aviation Technology has distributed a total of 60.07 million yuan in dividends [3]

Market Performance - On September 22, the aviation equipment sector rose by 0.3%, led by Chaozhuo Aerospace Technology, which increased by 7.70% to a closing price of 57.51 [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Individual Stock Performance - Notable gainers included: - Chaozhuo Aerospace Technology (688237) with a closing price of 57.51 and a rise of 7.70% [1] - Zongheng Co., Ltd. (688070) with a closing price of 54.40 and a rise of 5.88% [1] - Jialiqi (301586) with a closing price of 53.60 and a rise of 4.63% [1] - Other stocks with positive performance included: - *ST Guanqu (688287) up 2.39% [1] - AVIC Shenyang Aircraft (600760) up 2.07% [1] Fund Flow Analysis - The aviation equipment sector experienced a net outflow of 600 million yuan from institutional investors, while retail investors saw a net inflow of 670 million yuan [2] - The overall fund flow indicates a mixed sentiment, with institutional investors withdrawing capital while retail investors increased their positions [2] Detailed Fund Flow for Selected Stocks - Jialiqi (301586) had a net inflow of 29.22 million yuan from institutional investors, indicating strong interest [3] - Chaozhuo Aerospace Technology (688237) saw a net inflow of 9.21 million yuan from institutional investors, despite a slight outflow from retail investors [3] - Other stocks like *ST Guandian (688287) and AVIC Technology (600391) also showed varying levels of net inflow and outflow, reflecting diverse investor behavior within the sector [3]

Core Viewpoint - The company has adjusted the grant price of the 2022 restricted stock incentive plan from 32.03 yuan per share to 31.35 yuan per share due to the implementation of cash dividends [2][9][19]. Group 1: Adjustment Details - The adjustment was approved during the fourth board meeting on September 16, 2025, following the relevant procedures outlined in the incentive plan [2][19]. - The adjustment is based on the company's profit distribution plans for 2023 and 2024, which involved cash dividends of 3.40 yuan per 10 shares, totaling 30,034,793.52 yuan [9][10][19]. - The formula used for the adjustment is P = P0 - V, where P0 is the original grant price, V is the cash dividend per share, resulting in the new grant price of 31.35 yuan per share [11][12]. Group 2: Compliance and Impact - The adjustment complies with the relevant laws and regulations, including the "Management Measures for Equity Incentives of Listed Companies" [13][14]. - The company asserts that this adjustment will not have a substantial impact on its financial status or operational results [13]. - The remuneration and assessment committee has confirmed that the adjustment process is legal and does not harm the interests of the company or its shareholders [14][15].

Group 1 - The company announced an adjustment to the grant price of its 2022 restricted stock incentive plan, changing it from 32.03 yuan per share to 31.35 yuan per share [2] - The decision was made during the third meeting of the third session of the fourth board of directors, held on September 16, 2025 [2] - The adjustment is in accordance with the relevant provisions of the draft of the 2022 restricted stock incentive plan [2]

证券代码：688237 证券简称：超卓航科 公告编号：2025-060 湖北超卓航空科技股份有限公司 关于调整 2022 年限制性股票激励计划授予价格的公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 2022 年限制性股票授予价格由 32.03 元/股调整为 31.35 元/股。 （3）2022 年 11 月 29 日至 2022 年 12 月 8 日，公司对本激励计划拟激励对 象的信息在公司内部进行了公示。截至公示期满，公司监事会未收到任何人对本 次拟激励对象提出的异议。2022 年 12 月 9 日，公司于上海证券交易所网站 （www.sse.com.cn）披露了《湖北超卓航空科技股份有限公司监事会关于公司 2022 年限制性股票激励计划首次授予激励对象名单的审核意见及公示情况说 明》。 湖北超卓航空科技股份有限公司（以下简称"公司"或"超卓航科"）于 2025 年 9 月 16 日召开第四届董事会第三次会议，审议通过了《关于调整 2022 年限制性股票激励计划授予价格的议案》，董事会同意根据《湖北 ...

上海市锦天城律师事务所 关于湖北超卓航空科技股份有限公司 2022 年限制性股票激励计划相关事项的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 一、本所及经办律师依据《证券法》《律师事务所从事证券法律业务管理办 法》和《律师事务所证券法律业务执业规则》等规定，并查阅了《湖北超卓航空 科技股份有限公司 2022 年限制性股票激励计划（草案）》（以下简称"《激励 计划》"）、《湖北超卓航空科技股份有限公司 2022 年限制性股票激励计划实 施考核管理办法》（以下简称"《考核办法》"）等本法律意见书出具日以前已 经发生或者存在的文件、事实，严格履行了法定职责，遵循了勤勉尽责和诚实信 用原则，对本次激励计划的合法性、有效性进行了充分的核查验证，保证本法律 意见所认定的事实真实、准确、完整，所发表的结论性意见合法、准确，不存在 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于湖北超卓航空科技股份有限公司 2022 年限制性股票激励计划相关事项的 法 ...

证券代码：688237 证券简称：超卓航科 公告编号：2025-059 湖北超卓航空科技股份有限公司 第四届董事会第三次会议决议公告 具体内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《超 卓航科关于调整 2022 年限制性股票激励计划授予价格的公告》。 一、董事会会议召开情况 湖北超卓航空科技股份有限公司（以下简称"公司"或"超卓航科"）第四 届董事会第三次会议通知于 2025 年 9 月 10 日以通讯方式送达全体董事，并于 2025 年 9 月 16 日在公司会议室以现场与通讯相结合的方式召开。本次会议应出 席董事 9 名，实际出席董事 9 名。本次会议由董事长李光平先生召集并主持。本 次会议的召集、召开程序符合《中华人民共和国公司法》等相关法律、行政法规、 部门规章、规范性文件和《湖北超卓航空科技股份有限公司章程》的有关规定， 本次会议合法有效。 二、董事会会议审议情况 会议以投票表决方式审议通过了以下议案： 审议通过《关于调整 2022 年限制性股票激励计划授予价格的议案》 公司分别于 2024 年 5 月 29 日和 2025 年 5 月 16 日召开股东大会审议通过了 ...

关于湖北超卓航空科技股份有限公司 2025 年半年度持续督导跟踪报告 | 保荐机构名称：国泰海通证券股份有限公司 | 被保荐公司简称：超卓航科 | | --- | --- | | 保荐代表人姓名：陈兴跃、陈邦羽 | 被保荐公司代码：688237 | 重大事项提示 湖北超卓航空科技股份有限公司（以下简称"上市公司"、"公司"或"发 行人"）2025 年 1-6 月归属于上市公司股东的净利润为 437.20 万元，较上年同 期下滑 71.51%，主要原因系：①航空航天零部件及耗材增材制造业务受飞机维 修周期影响及新业务尚未起量，对经营业绩贡献有限；②受客户业务周期以及关 税等影响板带成型加工精密设备及零件制造业务的利润同比下降；③利息收入减 少导致财务费用上涨。 国泰海通证券股份有限公司 经中国证券监督管理委员会《关于同意湖北超卓航空科技股份有限公司首次 公开发行股票注册的批复》（证监许可[2022]850 号）批复，公司首次公开发行 股票 2,240.0828 万股，每股面值人民币 1 元，每股发行价格人民币 41.27 元，募 集资金总额为人民币 92,448.22 万元，扣除发行费用后，实际募集资金净额为人 ...

中航证券有限公司 关于湖北超卓航空科技股份有限公司 2025 年半年度持续督导跟踪报告 | 保荐机构名称：中航证券有限公司 | 被保荐公司简称：超卓航科 | | --- | --- | | 保荐代表人姓名：郭卫明、孙捷 | 被保荐公司代码：688237 | 重大事项提示 湖北超卓航空科技股份有限公司（以下简称"上市公司"、"公司"或"发 行人"）2025 年 1-6 月归属于上市公司股东的净利润为 437.20 万元，较上年同 期下滑 71.51%，主要原因系：①航空航天零部件及耗材增材制造业务受飞机维 修周期影响及新业务尚未起量，对经营业绩贡献有限；②受客户业务周期以及关 税等影响板带成型加工精密设备及零件制造业务的利润同比下降；③利息收入减 少导致财务费用上涨。 经中国证券监督管理委员会《关于同意湖北超卓航空科技股份有限公司首次 公开发行股票注册的批复》（证监许可[2022]850 号）批复，公司首次公开发行 股票 2,240.0828 万股，每股面值人民币 1 元，每股发行价格人民币 41.27 元，募 集资金总额为人民币 92,448.22 万元，扣除发行费用后，实际募集资金净额为人 民币 80,85 ...