证券代码：688543 证券简称：国科军工 公告编号：2024-060 江西国科军工集团股份有限公司 关于子公司收到搬迁补偿款的进展公告 本公司监事会及全体监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。 一、基本情况 江西国科军工集团股份有限公司（以下简称"公司"）下属子公司江西新明 机械有限公司（以下简称"新明机械"）与九江市濂溪区人民政府就新明机械火 工区整体搬迁达成了协议，于 2018 年末与九江市濂溪区房屋征收管理局签署了 《江西新明机械有限公司火工区搬迁补偿确认函》，约定支付新明机械搬迁导致 江西国科军工集团股份有限公司董事会 1 2024 年 9 月 12 日 二、本次收到征收补偿款的情况 近日，新明机械收到补偿款 9,412,013.00 元。截至 2024 年 9 月 11 日，新明 机械总计收到征收补偿款 19,412,013.00 元，子公司已收到本次搬迁补偿事项涉 及的全部补偿款。上述补偿事项对公司 2024 年度的影响须以年审会计师事务所 的审计结果为准。 二、对公司的影响和风险提示 （一）新明机械的新火工区已投入 ...

证券代码：688543 证券简称：国科军工 公告编号：2024-059 江西国科军工集团股份有限公司 关于召开 2024 年半年度业绩说明会的公告 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。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2024 年半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范 围内就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 （一） 会议召开时间：2024 年 09 月 20 日 下午 16:00-17:00 （二） 会议召开地点：上海证券报•中国证券网（网址： 重要内容提示： 会议召开时间：2024 年 09 月 20 日(星期五) 下午 16:00-17:00 会议召开地点： 上海证券报 · 中国证券网 （ 网 址 ： https://roadshow.cnstock.com/） 会议召开方式：网络平台在线互动 投资者可于 09 月 19 日(星期四)17:00 前将相关问题通过电子邮件的 形式发送至公司邮箱 zqb@guo ...

江西国科军工集团股份有限公司 简式权益变动报告书 证券代码：688543 证券简称：国科军工 江西国科军工集团股份有限公司 简式权益变动报告书 上市公司名称：江西国科军工集团股份有限公司 股票上市地点：上海证券交易所 股票简称：国科军工 股票代码：688543 信息披露义务人 1：广东温氏投资有限公司 注册/通讯地址：珠海市横琴新区汇通三路 108 号 1722 办公 01 信息披露义务人 2：珠海横琴温氏肆号创业投资基金合伙企业（有限合伙） 注册/通讯地址：珠海市横琴新区环岛东路 1889 号 17 栋 201 室-1522 号（集 中办公区） 信息披露义务人 3：横琴齐创共享股权投资基金合伙企业（有限合伙） 注册/通讯地址：珠海市横琴新区宝华路 6 号 105 室-39198（集中办公区） 股份变动性质：股份减少 签署日期：2024 年 9 月 6 日 1 江西国科军工集团股份有限公司 简式权益变动报告书 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国证券法》《上市公司收购管理办 法》《公开发行证券公司信息披露内容与格式准则第 15 号—权益变动报告书》 及相关的法律、法规及规范性文件编写本报 ...

证券代码：688543 证券简称：国科军工 公告编号：2024-057 江西国科军工集团股份有限公司 关于以集中竞价交易方式回购公司股份的回购进展公 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。 重要内容提示： | 回购方案首次披露日 | 2024/2/9 | | | | | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2024 年 2 8 日~2025 年 月 7 | 月 | 2 | 日 | | 预计回购金额 | 万元 7,000 万元~13,000 | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | □为维护公司价值及股东权益 | | | | | 累计已回购股数 | 万股 165.3 | | | | | 累计已回购股数占总股本比例 | 0.94% | | | | | 累计已回购金额 | 7,563.14 万元 | | | | | 实际回购价格区间 | 36.66 元/股~50 元/股 | | | | 一 ...

Investment Rating - The investment rating for the company is "Accumulate" [1][25]. Core Views - The company reported significant profit growth, with a 20.57% year-on-year increase in revenue to 482 million yuan and an 84.09% increase in net profit attributable to shareholders to 80 million yuan in the first half of 2024 [3][5][6]. - The company continues to enhance its research and development efforts, with R&D expenses increasing by 65.98% year-on-year, reflecting a commitment to innovation in core products [3][12]. - The company has implemented a stock incentive plan aimed at aligning employee interests with company performance, which includes granting 3.6 million restricted shares [19][22]. Financial Performance - For the first half of 2024, the company achieved a revenue of 482 million yuan, a 20.57% increase year-on-year, and a net profit of 80 million yuan, up 84.09% year-on-year [3][5]. - The gross profit margin for the first half of 2024 was 36.16%, an increase of 2.06 percentage points year-on-year [11][12]. - The company expects net profits for 2024, 2025, and 2026 to be 181 million, 222 million, and 289 million yuan respectively, with corresponding EPS of 1.03, 1.26, and 1.64 yuan per share [25]. Business Segmentation - The military products segment generated 460 million yuan in revenue in the first half of 2024, a 26.15% increase year-on-year, accounting for 95.42% of total revenue [9][11]. - The civilian products segment saw a decline in revenue to 19 million yuan, down 36.84% year-on-year, representing 3.98% of total revenue [9][11]. - The company’s subsidiary, Pioneer Company, reported a revenue of 119 million yuan, a 20.07% increase year-on-year, while another subsidiary, Jiujiang Guoke, experienced a revenue decline of 28.90% [16][18]. Research and Development - The company has increased its R&D personnel to 192, a 20% increase year-on-year, with R&D expenses accounting for 8.84% of total revenue [12][13]. - The company aims to maintain a research and development intensity of no less than 7% from 2025 to 2027 as part of its incentive plan [22][24]. Incentive Mechanism - The company announced a stock incentive plan on July 3, 2024, targeting 200 employees, which represents 23.26% of the total workforce [19][22]. - The plan includes performance targets for net asset return rates and net profit growth, ensuring alignment with long-term company goals [22][24].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported a significant revenue growth of 20.57% year-on-year, achieving a total revenue of 482 million yuan in the first half of 2024, while the net profit attributable to shareholders increased by 84.09% to 80 million yuan [2] - The company continues to focus on the development of its core business and technology research, enhancing its capabilities to ensure smooth product delivery and maintaining a good growth trend [2] - The company has completed multiple product research trials and has secured one new bidding project, with a total of 38 existing model projects [2] - The company is investing in capacity expansion projects, which are expected to become new profit growth points in the future [2] Financial Performance Summary - The projected net profits for 2024-2026 are 188 million yuan, 245 million yuan, and 297 million yuan, with year-on-year growth rates of 33.5%, 30.2%, and 21.4% respectively [3] - The corresponding price-to-earnings (P/E) ratios for these years are 36.09, 27.72, and 22.83 [3] - Key financial indicators for 2024E include revenue of 1,396 million yuan, net profit of 188 million yuan, and a gross margin of 32.1% [5]

证券研究报告 非金融公司|公司点评|国科军工（688543） 营收及利润高增持续验证公司行业核心 地位 请务必阅读报告末页的重要声明 glzqdatemark1 2024年08月31日 证券研究报告 |报告要点 公司公告 2024 年半年报，2024H1 实现营收 4.82 亿元，同比增长 20.6%，单 Q2 实现营收 2.98 亿元，同比增长 17.5%；2024H1 实现归母净利润 0.80 亿元，同比增长 84.1%，单 Q2 实现归母 净利润 0.47 亿元，同比增长 38.0%。 |分析师及联系人 吴爽 叶鑫 SAC：S0590523110001 SAC：S0590524030004 请务必阅读报告末页的重要声明 1 / 5 非金融公司|公司点评 glzqdatemark2 2024年08月31日 国科军工(688543) 营收及利润高增持续验证公司行业核心地位 | --- | --- | |----------------------------|--------------------| | | | | 行 业： | 国防军工/地面兵装Ⅱ | | 投资评级： | 买入（维持） | | 当前价格 ...

Investment Rating - The report maintains a "Recommended" rating for the company [2][4]. Core Views - The company reported a revenue of 480 million yuan in 1H24, representing a year-on-year increase of 20.6%, and a net profit attributable to shareholders of 80 million yuan, up 84.1% year-on-year, exceeding market expectations [2]. - The growth in net profit for 2Q24 was 38% year-on-year, with a revenue of 300 million yuan, reflecting a steady improvement in profitability [2]. - The company has a robust pipeline of projects, with 92 ongoing projects as of the end of 1H24, including 56 engineering projects, indicating strong long-term growth potential [2]. Financial Performance Summary - 1H24 gross margin increased by 2.1 percentage points to 36.2%, while net margin rose by 5.4 percentage points to 17.2% [2]. - The company’s subsidiaries showed varied performance, with Yichun Pioneer achieving a revenue of 120 million yuan, up 20% year-on-year, while Aerospace Jingwei's revenue more than doubled to 187 million yuan, up 102.9% year-on-year [2]. - R&D expenses increased by 66% to 43 million yuan, reflecting the company's commitment to enhancing core product development [2]. Financial Forecasts - The company is projected to achieve net profits of 190 million yuan, 250 million yuan, and 320 million yuan for the years 2024, 2025, and 2026, respectively, with corresponding price-to-earnings ratios of 35x, 27x, and 21x [3][5]. - Revenue is expected to grow at a compound annual growth rate of approximately 24.3% from 2024 to 2026, reaching 1.945 billion yuan by 2026 [5].

二、监事会会议审议情况 （一）审议通过《关于 2024 年半年度报告及摘要的议案》 经审议，监事会认为：公司 2024 年半年度报告的编制和审议程序符合法律、 法规及《公司章程》等内部规章制度的规定；公司 2024 年半年度报告的内容与 格式符合相关规定，公允地反映了公司 2024 年半年度财务状况和经营成果等事 项；公司 2024 年半年度报告的编制过程中，未发现公司参与 2024 年半年度报告 编制和审议的人员有违反保密规定的行为；监事会全体成员保证公司 2024 年半 年度报告披露的信息真实、准确、完整，不存在任何虚假记载、误导性陈述或重 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。 证券代码：688543 证券简称：国科军工 公告编号：2024-053 江西国科军工集团股份有限公司 第三届监事会第九次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 江西国科军工集团股份有限公司(以下简称"公司")于 2024 年 8 月 23 日以 现场方式召开第三届监事会第九次 ...