Core Viewpoint - The report outlines the continuous supervision and compliance of Hunan Aerospace Huanyu Communication Technology Co., Ltd. during its initial public offering and listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board, emphasizing the absence of major violations and the company's adherence to regulatory requirements [1][4][26]. Continuous Supervision Work - The sponsor has established and effectively implemented a continuous supervision work system, creating specific work plans for ongoing oversight [2][4]. - During the supervision period, the company did not report any violations or breaches of commitments [5][6]. Compliance and Governance - The sponsor has ensured that the company and its management comply with laws, regulations, and business rules set by the Shanghai Stock Exchange [6][7]. - The company has established effective internal control systems, including financial management and auditing procedures, ensuring proper governance [7][8]. Financial Performance - For the first half of 2025, the company's operating income reached approximately 207 million yuan, a 23.44% increase from the same period in 2024 [21]. - The net profit attributable to shareholders was approximately 34.7 million yuan, reflecting a 52% increase year-on-year [21]. - The company's basic earnings per share rose by 52.58% to 0.0859 yuan [21]. Research and Development - The company invested approximately 37.7 million yuan in R&D during the first half of 2025, representing a 49% increase compared to the same period in 2024 [21][26]. - The R&D expenditure accounted for 18.22% of operating income, an increase of 3.12 percentage points from the previous year [21]. Core Competitiveness - The company has developed a comprehensive technical system in aerospace products, satellite communication, and testing equipment, which enhances its competitive edge [22][23]. - The company has established a high-level, professional R&D team, contributing to its innovation capabilities and future growth [22][23]. Industry Context - The aerospace industry is characterized by high technology and significant government support, with policies encouraging development in this strategic sector [23][24]. - The company faces competition from new entrants as the industry opens up, necessitating continuous innovation to maintain its market position [24][25]. Use of Raised Funds - The company raised approximately 893.6 million yuan from its IPO, with a net amount of about 823.1 million yuan after deducting issuance costs [26]. - The funds are being used in compliance with regulations, with no violations reported regarding their usage [26].

| 序 号 | 工作内容 | 实施情况 | | --- | --- | --- | | | | 本持续督导期间，保荐机构督导 | | | 督导上市公司及其董事、监事、高级管理人员遵守法 | 航天环宇及其董事、监事、高级 | | | 律、法规、部门规章和上海证券交易所发布的业务规 | 管理人员遵守法律、法规、部门 | | 6 | 则及其他规范性文件，并切实履行其所作出的各项承 | 规章和上海证券交易所发布的业 | | | 诺。 | 务规则及其他规范性文件，切实 | | | | 履行其所做出的各项承诺。 | | | 督导上市公司建立健全并有效执行公司治理制度，包 | 保荐机构督促航天环宇依照相关 | | 7 | 括但不限于股东大会、董事会、监事会议事规则以及 | 规定健全完善公司治理制度并有 | | | 董事、监事和高级管理人员的行为规范等 | 效执行。 | | | 督导上市公司建立健全并有效执行内控制度，包括但 | 保荐机构对航天环宇的内控制度 | | | 不限于财务管理制度、会计核算制度和内部审计制 | 的设计、实施和有效性进行了核 | | 8 | 度，以及募集资金使用、关联交易、对外担保、对外 | 查，航天 ...

Market Overview - The aerospace equipment sector experienced a decline of 3.15% on September 2, with Aerospace Hanyu leading the drop [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Stock Performance - Key stocks in the aerospace equipment sector showed the following closing prices and percentage changes: - Zhongtian Rocket (003009): 58.57, -1.33% - Xinyu Guoke (300722): 36.88, -1.94% - China Satellite (600118): 35.66, -2.91% - Xingwang Yuda (002829): 22.92, -3.21% - Aerospace Electronics (600879): 11.30, -3.25% - China Telecom (601698): 23.05, -3.39% - Ligong Navigation (688282): 46.00, -5.21% - Aerospace Hanyu (688523): 24.47, -5.70% [1] Capital Flow - The aerospace equipment sector saw a net outflow of 728 million yuan from institutional investors, while retail investors contributed a net inflow of 618 million yuan [1] - The capital flow for individual stocks is as follows: - Aerospace Hanyu (688523): Net inflow of 4.89 million yuan from institutions, but a net outflow of 10.51 million yuan from retail investors - Ligong Navigation (688282): Net inflow of 0.65 million yuan from institutions, with a net outflow of 1.95 million yuan from retail investors - Zhongtian Rocket (003009): Net outflow of 23.44 million yuan from institutions, but a net inflow of 26.39 million yuan from retail investors - Xinyu Guoke (300722): Net outflow of 32.52 million yuan from institutions, with a net inflow of 33.21 million yuan from retail investors - Aerospace Electronics (600879): Net outflow of 214 million yuan from institutions, with a net inflow of 160 million yuan from retail investors [2]

Meeting Overview - The second extraordinary general meeting of shareholders was held on September 1, 2025, at the Hunan Aerospace Universe Aviation Industry Park in Changsha [2] - The meeting was convened by the board of directors and chaired by Chairman Li Wanxiao, utilizing a combination of on-site and online voting methods [2][3] Attendance - All 7 current directors and 3 supervisors attended the meeting, along with the board secretary and other senior management [3] Resolutions Passed - The following resolutions were approved: 1. Cancellation of the supervisory board and amendment of the Articles of Association [4] 2. Amendments to the Rules of Procedure for Shareholders' Meetings [4] 3. Amendments to the Rules of Procedure for Board Meetings [5] 4. Amendments to the Management Measures for Related Party Transactions [5] 5. Amendments to the Management Measures for External Investments [5] 6. Amendments to the External Guarantee Management System [5] 7. Amendments to the Management System for Raised Funds [5] 8. Addition of non-independent directors to the fourth board of directors [5] Voting Results - All resolutions were passed with the special resolution requiring more than two-thirds of the valid voting rights held by attending shareholders, while other resolutions required more than half [7] Legal Verification - The meeting was witnessed by Hunan Qiyuan Law Firm, confirming that the convening and voting procedures complied with relevant laws and regulations [8] Election of Employee Representative Director - Following the shareholder meeting, an employee representative meeting was held, resulting in the election of Huang Shengjun as the employee representative director of the fourth board of directors [9] - Huang Shengjun's term will last until the end of the fourth board's term [9] Background of Huang Shengjun - Huang Shengjun, born in 1974, has extensive experience in various managerial roles within the telecommunications and electronics sectors [10][11]

Meeting Details - The shareholders' meeting was held on September 1, 2025, at the Aerospace Industry Park in Changsha [1] - A total of 55 ordinary shareholders attended the meeting, holding 182,352,177 voting rights, which accounts for 45.1568% of the company's total voting rights [1] Voting Results - All non-cumulative voting proposals were approved with a high level of agreement, including: - 182,311,072 votes in favor (99.9774%) and 41,105 votes against (0.0226) for the first proposal [2] - 182,336,744 votes in favor (99.9915%) and 14,433 votes against (0.0079) for the second proposal [2] - 182,306,744 votes in favor (99.9750%) and 44,433 votes against (0.0243) for the third proposal [2] Legal Compliance - The meeting was convened and conducted in accordance with the Company Law and the company's articles of association, ensuring the legality of the voting procedures and results [3]

Core Viewpoint - The legal opinion issued by Hunan Qiyuan Law Firm confirms the legality and validity of the procedures, participants, and voting results of the second extraordinary general meeting of shareholders held by Hunan Aerospace Huanyu Communication Technology Co., Ltd on September 1, 2025 [1][7]. Group 1: Meeting Procedures - The notice for the extraordinary general meeting was announced on the Shanghai Stock Exchange website, detailing the time, location, method, agenda, and registration procedures [2]. - The meeting was held on September 1, 2025, at 14:30 in Changsha, Hunan Province [2][3]. - Voting was conducted through both a trading system and an internet voting platform on the same day [3]. Group 2: Participant Qualifications - A total of 5 shareholders and their authorized agents attended the meeting, representing 182,082,428 shares, which is 45.09% of the total voting shares [4]. - In addition to the shareholders, some current directors, supervisors, senior management, and lawyers from the law firm were present, all of whom met the qualifications as per legal and regulatory requirements [4]. Group 3: Voting Procedures and Results - The meeting utilized a named voting method, with two shareholder representatives appointed for counting and monitoring votes [5]. - The combined voting results showed that 182,311,072 shares (99.9774%) voted in favor, while 41,105 shares (0.0226%) opposed, and no shares were abstained [6]. - The voting results for small investors indicated that 254,416 shares (94.1065%) were in favor, with 14,933 shares (5.5236%) against, and 1,000 shares abstained [6]. Group 4: Conclusion - The law firm concluded that the meeting's procedures, participant qualifications, and voting results were all in compliance with the relevant laws, regulations, and the company's articles of association [7].

湖南航天环宇通信科技股份有限公司 关于选举第四届董事会职工代表董事的公告 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。 湖南航天环宇通信科技股份有限公司（以下简称"公司"）于 2025 年 9 月 1 日召 开了 2025 年第二次临时股东大会，审议通过了《关于取消监事会、修订 <公司章程> 的议案》，公司将董事会成员人数由 7 名增至 9 名。根据《中华人民共和国公司法》 《上 海证券交易所科创板股票上市规则》等法律法规、规范性文件和《湖南航天环宇通信 科技股份有限公司章程》的相关规定，公司于同日召开职工代表大会，会议经民主讨 论、表决，审议通过了《关于选举公司第四届董事会职工代表董事的议案》，同意选 举黄生俊先生为公司第四届董事会职工代表董事（简历详见附件）。 黄生俊先生将与公司现任非职工代表董事共同组成公司第四届董事会，任期自本 次职工代表大会审议通过之日起至第四届董事会任期届满之日止。 特此公告。 证券代码：688523 证券简称：航天环宇 公告编号：2025-031 湖南航天环宇通信科技股份有限公司董事会 附件 ...

（文章来源：证券日报） 证券日报网讯 9月1日晚间，航天环宇发布公告称，公司2025年第二次临时股东大会于2025年9月1日召 开，审议通过了《关于修订的议案》等多项议案。 ...

证券日报网讯 9月1日晚间，航天环宇发布公告称，公司于2025年9月1日召开职工代表大会，会议经民 主讨论、表决，审议通过了《关于选举公司第四届董事会职工代表董事的议案》，同意选举黄生俊先生 为公司第四届董事会职工代表董事。黄生俊先生将与公司现任非职工代表董事共同组成公司第四届董事 会，任期自本次职工代表大会审议通过之日起至第四届董事会任期届满之日止。 （文章来源：证券日报） ...

2025 年 9 月 2 日 附件：相关人员简历 湖南航天环宇通信科技股份有限公司（以下简称"公司"）于 2025 年 9 月 1 日召 开了 2025 年第二次临时股东大会，审议通过了《关于取消监事会、修订<公司章程> 的议案》，公司将董事会成员人数由 7 名增至 9 名。根据《中华人民共和国公司法》《上 海证券交易所科创板股票上市规则》等法律法规、规范性文件和《湖南航天环宇通信 科技股份有限公司章程》的相关规定，公司于同日召开职工代表大会，会议经民主讨 论、表决，审议通过了《关于选举公司第四届董事会职工代表董事的议案》，同意选 举黄生俊先生为公司第四届董事会职工代表董事（简历详见附件）。 黄生俊先生将与公司现任非职工代表董事共同组成公司第四届董事会，任期自本 次职工代表大会审议通过之日起至第四届董事会任期届满之日止。 特此公告。 湖南航天环宇通信科技股份有限公司董事会 证券代码：688523 证券简称：航天环宇 公告编号：2025-031 湖南航天环宇通信科技股份有限公司 关于选举第四届董事会职工代表董事的公告 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 ...