航天南湖电子信息技术股份有限公司2025 年半年度报告 三、 公司全体董事出席董事会会议。 六、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司代码：688552 公司简称：航天南湖 航天南湖电子信息技术股份有限公司 2025 年半年度报告 1 / 131 航天南湖电子信息技术股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 重大风险提示 公司已在本报告中详细阐述公司在经营中可能面临的风险，敬请查阅本报告"第三节、管理 层讨论与分析"之"四、风险因素"部分。 不适用 七、 是否存在公司治理特殊安排等重要事项 □适用 √不适用 八、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的公司未来计划、发展战略等前瞻性描述，不构成公司对投资者的实质承诺， 敬请投资者注意投资风险。 九、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 十、 是否存在违反规定决策程序对外提供担保的情况 否 十一、 是否存在半数以上董事无法保证公 ...

Group 1 - The company reported a revenue of 519 million yuan for the first half of 2025, representing a year-on-year increase of 688.61% [1] - The net profit reached 53.04 million yuan, showing a year-on-year growth of 234.75% [1] - The basic earnings per share were 0.16 yuan, compared to a loss of 0.12 yuan per share in the same period last year [1]

证券代码：688552 证券简称：航天南湖 公告编号：2025-021 航天南湖电子信息技术股份有限公司 2025 年半年度募集资金存放与实际使用情况 的专项报告 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、募集资金基本情况 （一）实际募集资金金额、资金到位时间 根据中国证券监督管理委员会《关于同意航天南湖电子信息技术股份有限公 司首次公开发行股票注册的批复》（证监许可〔2023〕483号），公司首次公开 发行人民币普通股（A股）84,312,701股，每股发行价格为人民币21.17元，募集 资金总额为人民币1,784,899,880.17元，扣除发行费用人民币128,276,144.65 元，公司本次募集资金净额为人民币1,656,623,735.52元，致同会计师事务所（特 殊普通合伙）已于2023年5月10日对公司首次公开发行股票募集资金到位情况进 行了审验，并出具了《验资报告》（致同验字〔2023〕第110C000219号）。 （二）募集资金使用及余额情况 为了规范募集资金的管理和使用，保护投资者权益，公司依照 ...

航天南湖电子信息技术股份有限公司 关于航天科工财务有限责任公司 2025 年半年度 风险持续评估报告 根据《关于规范上市公司与企业集团财务公司业务往来的通知》和《上海证 券交易所上市公司自律监管指引第 5 号——交易与关联交易》的要求，航天南湖 电子信息技术股份有限公司（以下简称"公司"）通过查验航天科工财务有限责 任公司（以下简称"财务公司"）《金融许可证》《企业法人营业执照》等证件 资料，并审阅了财务公司包括资产负债表和利润表等财务报表，对财务公司的经 营资质、业务和风险状况进行了评估，现将风险持续评估情况报告如下： 一、财务公司基本情况 航天科工财务有限责任公司是经国家金融监督管理总局批准（金融许可证编 号：L0009H211000001）、北京市市场监督管理局登记注册（统一社会信用代码： 911100007109288907）的非银行金融机构，依法接受国家金融监督管理总局的监 督管理。 注册资本：438,489 万元人民币 法定代表人：王厚勇 注册地址：北京市海淀区紫竹院路 116 号嘉豪国际中心 B 座 6 层、12 层 成立日期：2001 年 10 月 10 日 财务公司在国家金融监督管理总局核准 ...

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, indicating strong financial performance [1] Financial Performance - Revenue for the first half of 2025 reached 519 million yuan, representing a year-on-year growth of 688.61% [1] - Net profit amounted to 53.04 million yuan, showing a year-on-year increase of 234.75% [1] - Basic earnings per share were 0.16 yuan, compared to a loss of 0.12 yuan per share in the same period last year [1]

证券之星消息，8月22日军工电子板块较上一交易日上涨2.82%，航天南湖领涨。当日上证指数报收于 3825.76，上涨1.45%。深证成指报收于12166.06，上涨2.07%。军工电子板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 688552 | 航天南湖 | 43.45 | 10.59% | 16.97万 | 6.93亿 | | 302132 | 中航成飞 | 99.36 | 10.27% | 48.08万 | 44.90 Z | | 300474 | 景嘉微 | 88.40 | 10.00% | 64.14万 | 55.18 乙 | | 688629 | 华丰科技 | 70.12 | 7.88% | 31.01万 | 21.75亿 | | 603678 | 火炬电子 | 40.38 | 7.48% | 28.36万 | 11.09亿 | | 002231 | *ST奥维 | 4.80 | 5.03% | 47.32万 | 2.13亿 | | 688084 | 晶品特 ...

Market Overview - The Shanghai Composite Index closed at 3825.76 points, above the five-day moving average, with an increase of 1.45% [1] - The total trading volume of A-shares reached 25,788.42 billion yuan [1] Stocks Performance - A total of 575 A-shares broke through the five-day moving average today [1] - Stocks with significant deviation rates include: - Aibulu (301259) with a deviation rate of 15.39% and a daily increase of 19.99% [1] - Sanchuan Wisdom (300066) with a deviation rate of 13.32% and a daily increase of 20.06% [1] - Pinggao Co. (688227) with a deviation rate of 13.23% and a daily increase of 19.99% [1] - Other notable stocks with smaller deviation rates include: - Weihede (small deviation rate) just above the five-day moving average [1] - Kaige Precision Machinery (small deviation rate) just above the five-day moving average [1] - Hanlan Environment (small deviation rate) just above the five-day moving average [1]

金融界消息 截至2025年8月14日收盘，航天南湖（688552）报收于38.06元，下跌3.89%，换手率 9.99%，成交量8.67万手，成交金额3.34亿元。 通过天眼查大数据分析，航天南湖电子信息技术股份有限公司共对外投资了3家企业，参与招投标项目 163次，专利信息189条，此外企业还拥有行政许可61个。 来源：金融界 航天南湖最新一期业绩显示，截至2025一季报，公司营业总收入3.58亿元、同比增长1201.58%，归属净 利润5659.97万元，同比增长450.48%，扣非净利润5591.17万元，同比增长425.41%，流动比率5.473、速 动比率4.754、资产负债率17.92%。 天眼查商业履历信息显示，航天南湖电子信息技术股份有限公司，成立于1989年，位于荆州市，是一家 以从事计算机、通信和其他电子设备制造业为主的企业。企业注册资本33724.8万人民币，实缴资本 25293.5299万人民币。公司法定代表人为罗辉华。 资金流向方面，今日主力资金净流出3767.97万元，占比成交额11.3%。其中，超大单净流出1809.20万 元、占成交额5.42%，大单净流出1958.76万元、占 ...

Investment Rating - The industry investment rating is "Positive" and maintained [12] Core Insights - The role of drones in modern warfare has rapidly increased, highlighting the urgent need for counter-drone systems to address the challenges posed by low, small, and slow targets [6][24] - Ukraine's use of FPV drones in June 2025 resulted in significant damage to Russian strategic bombers, demonstrating the high cost-effectiveness and flexibility of drones in warfare [3][24] - The counter-drone systems utilize various detection methods such as radar, electro-optical, and radio detection, and employ high-energy lasers and microwave technologies for effective low-cost countermeasures [7][43] Summary by Sections Drone Warfare and Countermeasures - The conflict in Ukraine has shown that small drones can achieve high damage ratios, necessitating the development of counter-drone systems [6][36] - Ukraine's strategic drone strikes in June 2025 targeted multiple Russian bomber bases, destroying over 40 bombers, which is 34% of Russia's strategic bomber fleet [3][24] - The characteristics of small drones make traditional air defense systems ineffective, thus counter-drone systems are becoming essential in modern warfare [43][56] Global Development of Counter-Drone Systems - Various countries are developing counter-drone systems, with the US and Israel leading in technology and system quantity [8][67] - The market for counter-drone systems is expected to grow significantly, with a projected CAGR of 24.7% from 2024 to 2031, reaching a market size of $7.51 billion by 2031 [9][10] Investment Strategy - The rapid expansion of drone applications across various fields is driving the demand for counter-drone equipment [10] - Chinese military enterprises have a comprehensive layout in the counter-drone system sector, with several listed companies involved in various aspects of the industry [10][9] - Recommended companies for investment include those involved in upstream components and complete counter-drone products [10][13]

Investment Rating - The report rates the military industry as "Overweight" [5] Core Views - The military industry is expected to perform well in the long term due to increasing great power competition and rising defense expenditures [9][20] - Recent developments include the joint naval exercises between China and Russia, and the U.S. building a counter-drone defense system [8][20] - The report highlights the restructuring of China's aviation supply chain and the importance of domestic production capabilities in the aerospace sector [22][23] Summary by Sections Investment Highlights - Recommended stocks include: 1) Assembly: AVIC Shenyang Aircraft (600760.SH), AVIC Xi'an Aircraft (000768.SZ), AVIC South Lake (688552.SH) 2) Components: AVIC Optoelectronics (002179.SZ), Guobang Electronics (603678.SH), Ruichuang Micro-Nano (688002.SH) 3) Subsystems: AVIC Aircraft (600372.SH), North Navigation (600435.SH) 4) Materials and Processing: Feilihua (300395.SZ), Guangwei Composite (300699.SZ), Huayin Technology (688281.SH) [5][9][10] Market Performance - The defense military index rose by 5.24% from August 4 to August 8, outperforming the Shanghai Composite Index by 3.13 percentage points [11][12] - The military industry ranked 3rd out of 29 sectors during this period [12] Major News in the Military Industry - The joint naval exercises "Maritime Joint-2025" between China and Russia included real combat training and operational coordination [20][21] - The U.S. is developing a counter-drone defense system, with Ukraine being a testing ground for various technologies [8][9] - Japan is expanding its military influence through participation in multinational exercises, indicating a shift in its defense posture [28][30]