全球股市巨震。 6月13日，亚太主要股指集体走低，日经225指数收盘跌0.89%报37834.25点，韩国综合指数跌0.87%报2894.62点，新西兰标普50指数跌0.76%报12552.87点。 受中东地缘局势急剧升温影响，国际油价大幅拉升，WTI原油主力合约盘中一度涨超14%，最高升至77.62美元/桶；布伦特原油主力合约一度涨超13%，最高升至 78.5美元/桶。国内方面，上海原油主力合约一度涨停。 消息面上，据央视新闻报道，当地时间12日凌晨，以色列对伊朗发动袭击。13日早间，以色列国防军发言人埃菲·戴弗林发布视频声明称，当天凌晨以军共出动超过 200架战机参与对伊朗的首轮空袭，其间共投下330多枚弹药，打死了伊朗高级军事领导人以及其他指挥官。他同时称，过去几小时内，伊朗方面向以色列发射了 100多架无人机，目前以军正在努力拦截这些无人机。 A股市场全线回调，深证成指、创业板指跌逾1%；港股亦走弱，恒生科技指数跌近2%。截至收盘，沪指放量跌0.75%报3377点，深证成指跌1.1%报10122.11点，创 业板指跌1.13%报2043.82点，北证50指数跌2.92%，沪深北三市合计成交15041亿 ...

Core Points - The major shareholder, Chengdu Industrial Investment Group Co., Ltd. (成都产投), has completed a share reduction plan, selling a total of 6,750,000 shares, which accounts for 1.00% of the company's total share capital [1][2] - The share reduction was executed through centralized bidding, with the share price ranging from 32.90 to 46.80 yuan per share, resulting in a total amount of approximately 278.90 million yuan [2] Summary of Major Shareholder's Situation - Before the reduction, Chengdu Industrial Investment held 50,000,100 shares, representing 7.41% of the company [2] - After the reduction, the current holding is 43,250,100 shares, which is 6.41% of the total share capital [2] Implementation of Reduction Plan - The reduction plan was disclosed on February 15, 2025, and was completed within the specified time frame [1][2] - The actual reduction matched the previously disclosed plan, with no early termination of the reduction plan [2]

证券代码：688297 证券简称：中无人机 公告编号：2025-024 中航（成都）无人机系统股份有限公司 持股 5%以上股东减持股份结果公告 本公司董事会、全体董事及相关股东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、准确性和完整性依法承担法律 责任。 大股东持股的基本情况 重要内容提示： 1 | | 董事、监事和高级管理人员 | □是 | √否 | | --- | --- | --- | --- | | | 其他：/ | | | | 持股数量 | 50,000,100股 | | | | 持股比例 | 7.41% | | | | 当前持股股份来源 | IPO 前取得：50,000,100股 | | | 本次减持计划实施前，中航（成都）无人机系统股份有限公司（以下简称"公 司"）股东成都产业投资集团有限公司（以下简称"成都产投"）持有公司股份 50,000,100 股，约占公司总股本的 7.41%。上述股份来源于公司首次公开发行前 持有的股份，已于 2023 年 6 月 29 日上市流通。 减持计划的实施结果情况 公司于 2025 年 2 月 15 日披露了《中航（成都）无 ...

证券代码：688297 证券简称：中无人机 公告编号：2025-025 中航（成都）无人机系统股份有限公司 关于召开2025年第一次临时股东大会的通知 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： 股东大会召开日期：2025年6月26日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 一、 召开会议的基本情况 （一） 股东大会类型和届次 2025年第一次临时股东大会 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票 相结合的方式 （四） 现场会议召开的日期、时间和地点 召开日期时间：2025 年 6 月 26 日 14 点 30 分 召开地点：四川省成都市青羊区经一路 39 号成都成飞会议服务有限公司 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 6 月 26 日 至2025 年 6 月 26 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投 ...

Key Points - The main point of the news is the net inflow of capital in the Shanghai and Shenzhen stock markets, with a total of 1.074 billion yuan, indicating a positive sentiment among investors [1] - In the Sci-Tech Innovation Board, there was a net inflow of 145 million yuan, with 281 stocks experiencing net inflows and 304 stocks facing net outflows [1] - The top three stocks with the highest net inflow of capital were Cambrian Technology (34.874 million yuan), SMIC (8.020 million yuan), and Green Harmony (7.596 million yuan) [2] - The stock with the highest net outflow was Lanqi Technology, which saw a net outflow of 15.6 million yuan [1] - A total of 52 stocks experienced continuous net inflows for more than three trading days, with BeiGene leading at 13 consecutive days [2] - Conversely, 108 stocks had continuous net outflows, with Science and Technology leading at 13 consecutive days [2] Capital Flow Analysis - The total net inflow of capital in the market was 1.074 billion yuan, with the Sci-Tech Innovation Board contributing 145 million yuan [1] - Among the stocks with significant net inflows, Cambrian Technology led with 34.874 million yuan, followed by SMIC and Green Harmony [2] - The stocks with the highest net outflows included Lanqi Technology, which had a net outflow of 15.6 million yuan, and others like Zhong Unmanned Aerial Vehicle and Zejing Pharmaceutical [1] Continuous Capital Flow - 52 stocks had continuous net inflows for over three trading days, with BeiGene at the forefront with 13 days [2] - 108 stocks experienced continuous net outflows, with Science and Technology also at 13 days [2]

Summary of Drone Industry Investment Analysis Industry Overview - The drone industry is increasingly significant in modern warfare, as demonstrated by Ukraine's recent drone operations against Russia, which involved 117 drones targeting five airports, resulting in the destruction of 41 major strategic air force assets, including Tu-95 and Tu-22M3 bombers [2][3] Key Points and Arguments - **Technological Advancements**: The operation utilized FPV (First Person View) drones, which were covertly transported and activated remotely. The potential for AI-driven target recognition and attack exists but is not yet mature, indicating reliance on manual control for current operations [3][4][5] - **Cost and Impact of FPV Drones**: FPV drones range in price from $500 to $4,000, posing a significant threat to strategic assets and altering traditional warfare dynamics [6][8] - **Future Development Directions**: The drone industry is expected to evolve towards high-value, integrated designs capable of reconnaissance, control, and strike capabilities, as well as low-cost expendable units that can compensate for lower survival rates through sheer numbers [5][11] Industry Players and Products - **Key Companies**: Notable companies in the drone sector include: - **Mature FPV Drone Producers**: Jiutian Zongheng and Aerospace Electronics (Aerospace Feihong) [8] - **High-End Drone Manufacturers**: AVIC (Aviation Industry Corporation of China) and CETC (China Electronics Technology Group) are focusing on high-altitude, high-speed drones [8] - **Engine and Material Suppliers**: Zongshen Power is a market leader in piston engines for medium to large drones, while companies like Guangwei Composite, Zhongjian Technology, and Zhongfu Shenying excel in carbon fiber materials for drone construction [9][10] Countermeasures and Industry Challenges - **Counter-Drone Technologies**: The industry is also developing counter-drone systems, including directed energy weapons and electronic jamming technologies. Companies like Lianchuang Optoelectronics and Changguang Huaxin are involved in these areas [12] - **Emerging Players**: Companies such as Zhimin Da, Ruichuang Micro-Nano, and Gaode Infrared are gaining traction in drone components and reconnaissance products, indicating a diverse and competitive landscape [13] Conclusion - The drone industry is poised for significant growth and transformation, driven by technological advancements and changing warfare paradigms. The focus on both high-end and low-cost drone solutions, alongside the development of countermeasures, highlights the dynamic nature of this sector and its potential for investment opportunities [1][5][6]

Group 1 - The "Jiutian" drone has completed structural assembly and is expected to conduct its maiden flight by the end of June 2023, featuring advanced specifications such as a wingspan of 25 meters, maximum takeoff weight of 16 tons, and a maximum flight altitude of 15,000 meters [1] - The drone's unique "heterogeneous hive mission bay" can accommodate over a hundred loitering munitions or small drones, earning it the nickname "aerial drone carrier" [1] - Huachuang Securities indicates that the "Jiutian" drone's technical performance surpasses that of the US MQ-9 "Reaper" drone, marking a significant leap for China in unmanned combat capabilities [1] Group 2 - Over the past decade, the US has led the world in drone military trade orders, totaling 10.14 billion TIV, while China ranks second with 9.35 billion TIV [2] - Future demand for Chinese drones is expected to stem from four main areas: the need for medium and large reconnaissance-strike drones, collaborative combat drone standardization, international military trade, and expendable drone training [2] - By 2028, the annual demand value for military drones in China is projected to exceed 40 billion yuan [2] Group 3 - The drone industry is experiencing rapid development, with domestic drone equipment construction and global military trade expected to drive significant growth in the sector [3] - The table provided outlines the demand for various types of drones, indicating a total market space of 417.5 billion yuan, with specific demand for medium drones at 82 units and large drones at 18 units [3]

Summary of Key Points from the Conference Call Industry Overview - The focus is on the low-altitude logistics sector, particularly involving drones and counter-drone technologies [1][2][4]. Core Insights and Arguments - The National Postal Bureau of China has emphasized the development of drone technology for branch transportation and last-mile delivery, aiming to enhance the low-altitude economy in postal and express services [1][2]. - There is an exploration of cross-province and intercity drone transportation to scale up last-mile delivery applications, improving service efficiency and customer experience [3][4]. - Low-altitude logistics can be categorized into last-mile logistics (within 20 km) and branch logistics (50-500 km), with small multi-rotor drones used for last-mile delivery and fixed-wing drones for longer distances [4]. - A comprehensive drone delivery network is being established, as outlined in the "General Aviation Equipment Innovation Application Implementation Plan" released in March 2024 [4]. - Meituan has received the first nationwide low-altitude logistics coverage operational certificate in April 2025 [4]. Related Companies and Investment Opportunities - **Logistics Drone Companies**: - Guanglian Aviation (supplier for Baijing Airlines) - Zongshen Power (suppliers for Tengdun, Rainbow, and Zhong UAV) - Zongheng Co. (engaged in drone logistics demonstration applications) - Green Energy Huichong (heavy-duty drones in collaboration with China Post) - Aerospace Rainbow (YH1000 logistics drone first flight) [5]. - **Other Low-Altitude Economy Companies**: - Shenzhen Urban Transport - Sichuan Chuang Electronics - Lais Information - Wanfeng Aowei [5]. Additional Important Insights - The Ukrainian National Security Bureau reported the deployment of 117 FPV drones to attack multiple airports in Russia, destroying several strategic bombers [6]. - The tactic employed by Ukraine involves concealing drones in modified containers, which are then delivered to specified locations by unsuspecting truck drivers, showcasing a low-cost and high-concealment strategy that may increase global focus on drone technology and countermeasures [6][7]. Related Companies in Counter-Drone Technology - **Drone Companies**: - Zongshen Power (aviation piston engines) - Aerospace Electronics - Zhong UAV - Aerospace Rainbow - Guanglian Aviation - Zongheng Co. [7]. - **Counter-Drone Companies**: - Sichuan Chuang Electronics - Lianchuang Optoelectronics - Aerospace Nanhu - Guorui Technology - Lais Information - Sichuan Jiuzhou [7].

A股军工装备板块盘初走高，纵横股份涨超11%，中天火箭涨超7%，烽火电子、中无人机涨超5%，星 网宇达、航天彩虹跟涨。 ...

科创板融资余额环比前一日增加4038.09万元，其中，31股融资余额环比增加超1000万元，融资净买入 居前的有金山办公、有方科技、中无人机等股。 证券时报·数据宝统计显示，截至5月19日，科创板两融余额合计1520.90亿元，较上一交易日增加 4372.73万元，其中，融资余额合计1515.53亿元，较上一交易日增加4038.09万元。 上述融资客大手笔净买入的科创板股中，从最新融资余额占流通市值比例看，算术平均值为4.29%，融 资余额占比最高的是有方科技，该股最新融资余额为6.19亿元，占流通市值的比例为10.48%，融资余额 占比较高的还有江苏北人、广大特材、华丰科技，占比分别为8.72%、7.97%、7.00%。（数据宝） 科创板股中，最新融资余额超亿元的有382只，其中，融资余额在10亿元以上的有16只，融资余额在 5000万元至1亿元的有137只，融资余额低于5000万元的有64只。 | 代码 | 简称 | 最新融资余额（万 | 环比增减金额（万 | 环比增减 | 当日涨跌幅 | | --- | --- | --- | --- | --- | --- | | | | 元） | 元） | （%） ...