中航（成都）无人机系统股份有限公司 关于续聘会计师事务所的公告 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个别及连带责任。 重要内容提示： 拟续聘的会计师事务所名称：大信会计师事务所（特殊普通合伙）（以下简称"大信会 计师事务所"）。 一、 拟聘任会计师事务所的基本情况 证券代码：688297 证券简称：中无人机 公告编号：2025-042 (一) 机构信息 1.基本信息 大信会计师事务所成立于 1985 年，2012 年 3 月转制为特殊普通合伙制事务所，总部位于 北京，注册地址为北京市海淀区知春路 1 号 22 层 2206。大信会计师事务所在全国设有 33 家 分支机构，在香港设立了分所，并于 2017 年发起设立了大信国际会计网络，目前拥有美国、 加拿大、澳大利亚、德国、法国、英国、新加坡等 39 家网络成员所。大信会计师事务所是我 国最早从事证券服务业务的会计师事务所之一，首批获得 H 股企业审计资格，拥有超过 30 年 的证券业务从业经验。 首席合伙人为谢泽敏先生。截至 2024 年 12 月 31 日，大信会计师事务所 ...

证券代码：688297 证券简称：中无人机 公告编号：2025-041 中航（成都）无人机系统股份有限公司 关于取消监事会、修订《公司章程》暨修订及废止公 司部分治理制度的公告 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、准确性和完整性依法承担法律责任。 中航（成都）无人机系统股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日召开第五届董事会第三十一次会议，审议通过了《关于取消公司监事会 并修订<公司章程>的议案》、《关于修订<股东会议事规则>的议案》、《关于修订< 董事会议事规则>的议案》、《关于修订<累积投票制度实施细则>的议案》以及《关 于修订<独立董事工作制度>的议案》。现将有关情况公告如下： 一、 取消监事会的情况 根据 2024 年 7 月 1 日起实施的《中华人民共和国公司法》、中国证监会于 2024 年 12 月 27 日发布的《关于新<公司法>配套制度规则实施相关过渡期安排》 和《上市公司章程指引（2025 年 3 月修订）》《上市公司股东会规则（2025 年 3 月修订）》以及《上海证券交易所科创板股票上市规则（2 ...

中航（成都）无人机系统股份有限公司 2025 年第三季度报告 证券代码：688297 证券简称：中无人机 中航（成都）无人机系统股份有限公司 2025 年第三季度报告 | | | 本报告期 | | 年初至报告 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 比上年同 | 年初至报告期末 | 期末比上年 | | | | 期增减变 | | 同期增减变 | | | | 动幅度(%) | | 动幅度(%) | | 营业收入 | 1,108,953,303.47 | 1,039.20 | 1,547,641,201.18 | 319.01 | | 利润总额 | 3,656,905.09 | 108.57 | 30,568,494.48 | 135.28 | | 归属于上市公司股东的 净利润 | 2,066,487.60 | 104.66 | 33,839,789.52 | 140.89 | | 归属于上市公司股东的 扣除非经常性损益的净 | 581,719.78 | 101.29 | 22,527,557.96 | 123.39 | | 利润 经营活动产生的现金流 量净额 ...

Core Viewpoint - The aviation equipment sector experienced a rise of 1.11% on October 28, with Tongyi Aerospace leading the gains, while the overall market indices showed a decline [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3988.22, down 0.22%, and the Shenzhen Component Index closed at 13430.1, down 0.44% [1]. - Key stocks in the aviation equipment sector showed significant gains, with Tongyi Aerospace rising by 6.00% to a closing price of 17.15 [1]. Group 2: Stock Performance - Notable performers included: - Filihua, which increased by 5.47% to 88.00, with a trading volume of 444,000 shares and a transaction value of 3.838 billion [1]. - Maixinlin, up 5.02% to 65.69, with a trading volume of 81,700 shares and a transaction value of 536 million [1]. - Chengxi Aviation, which rose by 4.91% to 17.31, with a trading volume of 430,300 shares and a transaction value of 739 million [1]. Group 3: Capital Flow - The aviation equipment sector saw a net inflow of 308 million from institutional investors, while retail investors experienced a net outflow of 360 million [2][3]. - Key stocks with significant capital inflows included: - Filihua with a net inflow of 318 million, accounting for 8.30% of its trading volume [3]. - Zhonghang Shenfei with a net inflow of 284 million, representing 11.17% of its trading volume [3].

Group 1 - The stock price of Zhong UAV increased by 2.01% on October 28, reaching 49.69 CNY per share, with a total market capitalization of 33.541 billion CNY [1] - Year-to-date, Zhong UAV's stock price has risen by 23.36%, with a 3.48% increase over the last five trading days and a 1.78% increase over the last 20 days, while it has decreased by 15.20% over the last 60 days [1] - The company specializes in the design, research and development, manufacturing, sales, and service of drone systems, with 100% of its revenue coming from drone system products and services [1] Group 2 - As of June 30, the number of shareholders for Zhong UAV reached 36,500, an increase of 29.56% from the previous period, with an average of 18,496 circulating shares per person, up by 91.80% [2] - For the first half of 2025, Zhong UAV reported a revenue of 439 million CNY, representing a year-on-year growth of 61.27%, and a net profit attributable to shareholders of 31.773 million CNY, up by 182.76% [2] - Since its A-share listing, Zhong UAV has distributed a total of 357 million CNY in dividends [3]

Investment Rating - The report provides a strong recommendation for several companies in the military industry, indicating a positive outlook for their stock performance [9]. Core Insights - The recent Fourth Plenary Session of the 20th Central Committee emphasized new goals for national defense capabilities, including the enhancement of "national defense strength" and "international influence" [21]. - The report highlights the aerospace sector as a key focus area for military investment, particularly in the context of the newly stated goal of becoming a "space power" [21]. - Upcoming quarterly reports are expected to show a turning point in industry performance, with several companies already reporting significant year-on-year revenue and profit growth [24]. Industry Overview - The military industry consists of 118 listed companies with a total market capitalization of 2,092.9 billion and a circulating market value of 1,736.7 billion [4]. - The SW National Defense and Military Industry Index has shown a performance increase of 16.47% year-to-date, although it has underperformed compared to the CSI 300 Index by 1.97% [12][20]. - The industry is currently valued at a PE (TTM) of 85.77 times, with a five-year percentile of 78.63% [20]. Key Events - The Fourth Plenary Session concluded with new national defense goals, including a focus on high-quality military modernization and the integration of advanced combat capabilities [21]. - The report notes that the aerospace equipment sector has been particularly responsive to the recent policy announcements, showing strong performance [16][21]. Performance Summary - The report identifies several companies with notable performance, including North Navigation with a revenue increase of 210% and a net profit increase of 268.8% [25]. - The top-performing stocks in the military sector include North Shares (+25.20%) and Feili Hua (+17.92%) [19].

Investment Rating - The report maintains a "strongly recommend" rating for several key companies in the military industry, including 中航西飞, 中航光电, 航天彩虹, and others [10]. Core Insights - The military industry is experiencing a significant rebound, with the SW National Defense Military Index increasing by 13.28% year-to-date as of October 17, 2025, although it has underperformed compared to the CSI 300 Index [14][20]. - Key events include the successful launches of two major commercial satellite constellations, which are expected to enhance the industry's growth potential [22][24]. - The upcoming 20th Central Committee's Fourth Plenary Session from October 20 to 23, 2025, is anticipated to outline new directions for the military industry, particularly in unmanned, intelligent, and systematic combat equipment [24]. Summary by Sections Market Review - The military industry has shown a decline of 4.70% in the SW National Defense Military Index this week, underperforming the CSI 300 Index by 2.48 percentage points [14]. - The overall industry has ranked 16th among 31 sub-industries in terms of performance [14]. Key Events - The report highlights the recent launches of the 星网 and 千帆 satellite constellations, with 星网 completing five launches in 21 days and 千帆 planning to accelerate its launch schedule significantly [22][23]. Catalysts - The report emphasizes the importance of the upcoming 20th Central Committee's Fourth Plenary Session, which will focus on the 15th Five-Year Plan and its implications for the military industry [24]. Company Performance - The report lists several companies with strong performance expectations, including 中航沈飞, 中航西飞, and 航发动力, all rated as "strongly recommend" [10]. - The report also notes the financial metrics of these companies, indicating a robust outlook for their earnings per share (EPS) and price-to-earnings (PE) ratios [10]. Industry Valuation - The military industry maintains a high valuation, with the current PE ratio at 83.33 times earnings, reflecting strong investor interest despite recent market fluctuations [20].

Core Viewpoint - The company, Zhong Aviation (Chengdu) Drone System Co., Ltd., announced that key executives have increased their shareholding, reflecting their confidence in the company's investment value and future stability [2]. Summary by Relevant Sections - **Shareholding Increase**: On October 16 and 17, 2025, the Vice Chairman and General Manager, Zeng Qiang, along with the Deputy General Manager, Liu Haitao, and the Board Secretary, Yang Ping, notified the company of their decision to increase their shareholding by a total of 7,400 shares [2]. - **Investment Amount**: The total amount invested in the share purchase was 365,611 yuan, which represents an increase of 0.0011% of the company's total share capital [2].

（一） 增持主体：副董事长、总经理曾强先生，副总经理刘海涛先生，董 事会秘书杨萍女士。 证券代码：688297 证券简称：中无人机 公告编号：2025-040 中航（成都）无人机系统股份有限公司 关于董事、高级管理人员增持股份结果的公告 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。 中航（成都）无人机系统股份有限公司（以下简称"公司"）于 2025 年 10 月 16 日、10 月 17 日接到副董事长、总经理曾强先生，副总经理刘海涛先生， 董事会秘书杨萍女士关于增持公司股份的通知，基于对公司投资价值的认可及对 公司未来持续稳定发展的信心，上述人员于 2025 年 10 月 16 日、10 月 17 日通 过上海证券交易所交易系统竞价交易方式增持公司股份合计 7,400 股，合计增持 金额 365,611 元，增持比例占公司总股本的 0.0011%。现将本次增持股份情况公 告如下： 一、增持主体的基本情况 （二） 增持前持股数量及比例：本次增持前，副董事长、总经理曾强先生， 副总经理刘海涛先生，董事会秘书杨萍女士未直接持有公 ...

Group 1 - The company Zhonghang (Chengdu) Drone System Co., Ltd. announced that its Vice Chairman and General Manager, Zeng Qiang, along with Vice General Manager Liu Haitao and Board Secretary Yang Ping, have increased their holdings in the company, reflecting their confidence in the company's investment value and future stable development [1] - The total number of shares purchased by the aforementioned executives amounted to 7,400 shares, with a total investment of approximately 370,000 yuan, representing 0.0011% of the company's total share capital [1] Group 2 - Lin Yuan, a notable figure in the investment community, expressed his commitment to remain active in the market despite recent losses in the bull market, emphasizing that he will continue to invest in the liquor sector, which he views as a "pleasure demand," while also expressing concerns about technology stocks [1]