Core Insights - Pension funds have emerged as significant shareholders in 11 stocks listed on the Sci-Tech Innovation Board, with a total holding of 50.67 million shares valued at 2.647 billion yuan at the end of Q2 [1][2] Group 1: Pension Fund Holdings - Pension funds have newly entered 3 stocks, increased holdings in 2 stocks, and reduced holdings in 4 stocks, while 2 stocks remained unchanged in their holdings [1] - The stock with the highest holding ratio by pension funds is Haitai New Light, accounting for 4.20% of the circulating shares, followed by Rongzhi Rixin and Huafeng Technology at 4.04% and 2.67%, respectively [1] - The top holdings by quantity include Transsion Holdings with 17.72 million shares, Shengyi Electronics with 5.33 million shares, and Yubang Power with 5.19 million shares [1] Group 2: Industry Focus - The stocks held by pension funds are primarily concentrated in the electronics, pharmaceutical, and national defense industries, with 3, 2, and 2 stocks respectively [1] - Eight stocks have been continuously held by pension funds for more than two reporting periods, with Yubang Power and Kaili New Materials being held for 12 reporting periods [1] Group 3: Performance Metrics - Among the stocks held by pension funds, 7 reported year-on-year net profit growth in the first half of the year, with Rongzhi Rixin showing the highest growth of 2063.42% [2] - The average increase of the Sci-Tech Innovation Board stocks held by pension funds since July is 17.32%, with Huafeng Technology leading with a cumulative increase of 40.03% [2] - The stock with the largest decline is Guoke Military Industry, which has decreased by 8.89% [2]

Market Overview - The ground equipment sector experienced a decline of 3.94% on August 27, with Jieqiang Equipment leading the drop [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Individual Stock Performance - Jieqiang Equipment (300875) closed at 53.01, down 9.00% with a trading volume of 131,900 shares and a transaction value of 713 million [1] - Beifang Changlong (301357) closed at 155.78, down 6.97% with a trading volume of 77,900 shares and a transaction value of 1.229 billion [1] - Neimeng Yiji (600967) closed at 24.09, down 5.05% with a trading volume of 1,168,100 shares and a transaction value of 2.863 billion [1] - Other notable declines include Ganhua Kegong (000576) down 3.91%, Tianzou Equipment (300922) down 3.88%, and Zhongbing Hongjian (000519) down 3.80% [1] Capital Flow Analysis - The ground equipment sector saw a net outflow of 1.599 billion from institutional investors, while retail investors contributed a net inflow of 1.536 billion [1] - The table indicates that major stocks like Jieqiang Equipment and Beifang Changlong experienced significant net outflows from institutional investors, with Jieqiang Equipment seeing a net outflow of 1.25 billion [2] - Retail investors showed a preference for stocks like Jieqiang Equipment and Beifang Changlong, with net inflows of 96.47 million and 1.63 billion respectively [2]

Core Viewpoint - The financial performance of Guokai Military Industry (688543) for the first half of 2025 shows a decline in revenue and net profit compared to the previous year, but an improvement in profitability metrics such as gross margin and net margin [1]. Financial Performance Summary - Total revenue for the first half of 2025 was 417 million yuan, a decrease of 13.37% year-on-year [1]. - Net profit attributable to shareholders was 77.11 million yuan, down 3.18% year-on-year [1]. - In Q2 2025, total revenue was 293 million yuan, a decline of 1.86% year-on-year, while net profit increased by 3.72% to 48.42 million yuan [1]. - Gross margin improved to 38.41%, an increase of 6.23% year-on-year, and net margin rose to 18.52%, up 7.4% year-on-year [1]. - Total operating expenses (selling, administrative, and financial expenses) amounted to 40.75 million yuan, accounting for 9.76% of revenue, which is a 50.73% increase year-on-year [1]. - Earnings per share decreased by 2.63% to 0.37 yuan, while operating cash flow per share increased significantly by 120.77% to 0.36 yuan [1]. Balance Sheet Changes - Cash and cash equivalents decreased by 10.86% to 1.066 billion yuan [1]. - Accounts receivable increased by 17.27% to 456 million yuan [1]. - Interest-bearing debt decreased significantly by 49.18% to 40.79 million yuan [1]. - The net asset value per share decreased by 13.65% to 10.63 yuan [1]. Cash Flow Analysis - Net cash flow from operating activities increased by 124.69%, attributed to the recovery of accounts receivable and receipt of project payments [11]. - Net cash flow from investing activities decreased by 47.19%, due to increased purchases of cash management products [11]. Market Position and Outlook - The company's return on invested capital (ROIC) was 7.92%, indicating average capital returns, with a historical median ROIC of 11.21% since its listing [11]. - Analysts expect the company's performance in 2025 to reach 248 million yuan, with an average earnings per share forecast of 1.19 yuan [13]. Fund Holdings - The largest fund holding Guokai Military Industry is the Fortune Military Theme Mixed A Fund, with a scale of 3.354 billion yuan and a recent net value of 1.6239 [14].

证券之星消息，近日国科军工披露，截至2025年7月31日公司股东户数为1.77万户，较6月30日增加149.0 户，增幅为0.85%。户均持股数量由上期的1.19万股减少至1.18万股，户均持股市值为63.91万元。 根据统计，国科军工2025年6月30日至2025年7月31日，主力资金净流出5.83亿元，游资资金净流入4.27 亿元，散户资金净流入1.56亿元。 MACD金叉信号形成，这些股涨势不错！ 在地面兵装行业个股中，国科军工股东户数低于行业平均水平，截至7月31日，地面兵装行业平均股东 户数为8.66万户。户均持股市值方面，地面兵装行业A股上市公司户均持股市值为16.88万元，国科军工 高于行业平均水平。 从股价来看，2025年6月30日至2025年7月31日，国科军工区间跌幅为9.8%，在此期间股东户数增加 149.0户，增幅为0.85%。 | 统计截止日 | | | 区间股价涨跌幅 股东户数 增减 增减比例 户均持股市值 (元) | | | | 户均持股数(股) | | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-07-31 | ...

Meeting Information - The shareholder meeting is scheduled for September 10, 2025, at 14:00 [1] - The meeting will be held at the conference room on the second floor of No. 999, Jianye Street, Nanchang Economic and Technological Development Zone, Jiangxi Province [1] - Voting will be conducted through a combination of on-site and online methods using the Shanghai Stock Exchange's voting system [1] Voting Procedures - The online voting system will be available from 9:15 to 15:00 on the day of the meeting [1][2] - Shareholders can vote via the trading system or the internet voting platform [2] - Duplicate votes through different methods will be counted based on the first vote cast [3] Attendance Requirements - Shareholders must register by providing necessary identification and documentation [4] - Registration must be completed by 17:00 on September 9, 2025 [4][9] - The meeting is open to shareholders registered by the close of trading on the day prior to the meeting [4] Proxy Voting - Shareholders can appoint a proxy to attend and vote on their behalf [4] - Proxies do not need to be shareholders of the company [4] - Specific documentation is required for proxy registration [4][10] Additional Information - Shareholders are responsible for their own travel and accommodation expenses [9] - Contact information for inquiries is provided [9]

Group 1 - The board of directors of Jiangxi Guoke Military Industry Group Co., Ltd. held its 20th meeting on August 22, 2025, where all six attending directors approved various proposals [1][2] - The 2025 semi-annual report was approved, confirming that it accurately reflects the company's financial status and operational results [1][2] - The board approved the conclusion of a fundraising project, reallocating surplus funds of RMB 9.7032 million to supplement working capital permanently [2][3] Group 2 - A special report on the storage and actual use of raised funds for the first half of 2025 was approved, confirming compliance with regulations [3] - The board approved the "Quality Improvement and Efficiency Enhancement Action Plan" for 2025 [4] - The board agreed to use part of the over-raised funds, amounting to RMB 200 million, to permanently supplement working capital, representing 28.86% of the total over-raised funds [4][5] Group 3 - The board approved the change of the auditing firm to Zhongshun Zhonghuan Accounting Firm [5][6] - The board agreed to adjust the fixed asset investment plan for 2025 [6] - The election of the audit committee members was approved, with independent directors holding a majority [6][7] Group 4 - The board approved the fixed asset disposal plan for 2025 [6] - The nomination of Huang Junhua as a non-independent director candidate was approved [7][8] - The appointment of Huang Junhua as the company's general manager was approved, along with the appointment of Ke Kaimin as the deputy general manager [8][9] Group 5 - The board proposed to hold the third extraordinary general meeting of shareholders on September 10, 2025 [9]

Group 1 - The company announced the decision to change its accounting firm, appointing Zhongshun Zhonghuan as the financial audit and internal control audit institution for the fiscal year 2025 [2] - The decision was made during the 20th meeting of the third board of directors held on August 22, 2025, and is subject to approval by the company's shareholders [2] - The company has communicated adequately with the previous accounting firm regarding the change, and there are no objections from the former firm [2]

证券日报网讯 8月25日晚间，国科军工发布公告称，公司将于2025年9月10日召开2025年第三次临时股 东会。本次股东会将审议《关于使用部分超募资金永久补充流动资金的议案》等多项议案。 （编辑 楚丽君） ...

格隆汇8月25日丨国科军工(688543.SH)发布2025年半年度报告，报告期实现营业收入4.17亿元，同比下 降13.37%；归属上市公司股东的净利润7711.11万元，同比下降3.18%；扣除非经常性损益后的归属于上 市公司股东的净利润6186.61万元，同比下降18.59%；基本每股收益0.37元。 ...

江西国科军工集团股份有限公司（以下简称"公司"）于 2025 年 8 月 22 日召开 2025 年第三届董事会第二十次会议，审议通过了《关于选举公司第三届 董事会审计委员会委员的议案》《关于补选黄军华为公司第三届董事会非独立 董事候选人的议案》《关于公司总经理变更暨聘任总经理的议案》及《关于聘 任公司副总经理的议案》，其中《关于补选黄军华为公司第三届董事会非独立 董事候选人的议案》尚需提交公司股东会审议。现将相关情况公告如下： 一、关于补选非独立董事的情况 鉴于公司原董事毛勇先生退休离任，为保证公司董事会的规范运作，根据 《中华人民共和国公司法》《上海证券交易所股票上市规则》《上海证券交易 所科创板上市公司自律监管指引第 1 号——规范运作》等法律法规、规范性文 件及《公司章程》对非独立董事候选人的相关规定，经公司董事会提名委员会 审议通过，2025 年 8 月 22 日公司召开第三届董事会第二十次会议，审议通过 《关于补选黄军华为公司第三届董事会非独立董事候选人的议案》，公司董事 会同意提名黄军华先生为公司第三届董事会非独立董事候选人（简历详见附 件），任期自公司股东会审议通过之日起至第三届董事会届满之日 ...