Core Points - The company appointed Liu Yanfeng as the Chief Financial Officer (CFO) during the fourth meeting of the third board of directors held on November 11, 2025 [1] - Liu Yanfeng's term as CFO will last until the end of the current board's term [1] - The appointment followed a thorough qualification review by the nomination committee and approval by the audit committee [1][2] Management Appointment Details - Liu Yanfeng meets all legal and regulatory qualifications to serve as a senior management member of the company [2] - He has no disqualifications as per the Company Law and the company's articles of association [2] - Liu Yanfeng has a solid educational background with a bachelor's degree in accounting and a master's degree in accounting [3] Professional Background - Liu Yanfeng has extensive experience in financial roles, having worked in various capacities at Hangyu Lifesaving Equipment Co., Ltd. from 2004 to 2025 [3] - His previous positions include roles such as accounting staff, business manager, and financial department head [3] - He has not held any shares in the company and has no relationships with major shareholders or other executives [4]

Core Viewpoint - Jianghang Equipment announced the appointment of Liu Yanfeng as the company's Chief Financial Officer, as approved by the board of directors [2] Company Summary - Jianghang Equipment's board of directors has officially appointed Liu Yanfeng as the Chief Financial Officer [2]

证券代码：688586 证券简称：江航装备 公告编号：2025-041 合肥江航飞机装备股份有限公司 关于聘任总会计师的公告 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。 合肥江航飞机装备股份有限公司（以下简称"公司"）于 2025 年 11 月 11 日召开第三届董事会第四次会议，审议通过了《关于聘任总会计师的议案》，现 将相关情况公告如下： 一、聘任高级管理人员情况 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上海证券交易 所科创板股票上市规则》等法律法规及《合肥江航飞机装备股份有限公司章程》 （以下简称"《公司章程》"）的有关规定，经公司总经理提名、公司第三届提名 委员会 2025 年第二次会议对总会计师候选人刘岩峰先生进行任职资格审查，并 经公司第三届审计委员会 2025 年第四次会议审议通过，董事会同意聘任刘岩峰 先生为公司总会计师（简历详见附件），任期自第三届董事会第四次会议审议通 过之日起至第三届董事会届满之日止。 二、其他情况说明 上述高级管理人员的任职资格符合相关法律、行政法规、规范性文件 ...

Core Viewpoint - The recent corporate restructuring of Zhiyuan Innovation (Shanghai) Technology Co., Ltd. into a joint-stock company indicates a strategic move towards optimizing its ownership structure and preparing for potential future financing or IPO opportunities [2][5]. Group 1: Corporate Changes - Zhiyuan Innovation has changed its name from Zhiyuan Innovation (Shanghai) Technology Co., Ltd. to Zhiyuan Innovation (Shanghai) Technology Co., Ltd. and transformed from a limited liability company to a joint-stock company [2]. - Key shareholders include Ma Huateng and Wang Chuanfu, holding approximately 1.58% and 0.39% of the shares, respectively [2]. Group 2: Market Position and Valuation - Zhiyuan Innovation, established in February 2023, is a unicorn in the field of embodied intelligence with a valuation exceeding 15 billion yuan [5]. - The company has notable shareholders such as Tencent, BYD, and Hillhouse Capital [5]. Group 3: Recent Developments - Zhiyuan Innovation's subsidiary, Shanghai Zhiyuan Hengyue Technology Partnership, has completed a share acquisition of a listed company, increasing its stake to 58.62% of the total share capital [5]. - The actual controller of the company has shifted to Deng Taihua following this acquisition [5]. Group 4: Stock Performance - The stock of the acquired company, Upwind New Materials, has seen a dramatic increase of 1229.95% from July 9 to November 6, 2025, making it a significant performer in the market [6]. - As of November 10, Upwind New Materials closed at 108.50 yuan per share, with a total market capitalization of 43.765 billion yuan [6].

Core Insights - Jianghang Equipment (688586) reported a net financing purchase of 788,300 yuan on November 5, 2025, with a financing balance of 233 million yuan, indicating a positive market sentiment towards the stock [1][4]. Financing Activity - On November 5, 2025, the financing buy-in was 6.51 million yuan, while the financing repayment was 5.72 million yuan, resulting in a net financing purchase of 788,300 yuan [1]. - The financing balance has increased to 233 million yuan, with a 0.38% rise compared to the previous day [4]. - Over the last three trading days, the cumulative net financing purchase reached 5.85 million yuan, with 12 out of the last 20 trading days showing net financing purchases [1]. Margin Trading Activity - On the same day, there were 8,661 shares sold short, with 656 shares repaid, leading to a net short sale of 8,005 shares [2]. - The margin trading balance on November 5, 2025, was 80,680 yuan, with a total of 73,000 shares available for short selling [3]. Market Sentiment - The increase in financing balance reflects a strengthening of bullish market sentiment, while the increase in short selling indicates a growing bearish sentiment among some investors [5].

Core Points - Jianghang Equipment announced the resignation of its Vice General Manager and Chief Accountant, Sun Jun, due to work arrangement reasons [1] - Sun Jun will continue to serve as the Chairman and Director of the wholly-owned subsidiary Hefei Swan Refrigeration Technology Co., Ltd. after his resignation [1] Summary by Category Company Announcement - The board of Jianghang Equipment received a written resignation report from Sun Jun on November 4, 2025 [1] - Sun Jun's resignation is attributed to work arrangement reasons [1] Leadership Changes - Sun Jun will step down from his roles as Vice General Manager and Chief Accountant [1] - He will retain his positions as Chairman and Director at Hefei Swan Refrigeration Technology Co., Ltd. [1]

Core Viewpoint - Jianghang Equipment (688586.SH) announced the resignation of its Vice General Manager and Chief Accountant, Sun Jun, due to work arrangement reasons, while he will continue to serve as the Chairman and Director of the wholly-owned subsidiary Hefei Swan Refrigeration Technology Co., Ltd [1] Summary by Category - **Company Leadership Changes** - Sun Jun submitted a written resignation report to the board on November 4, 2025, requesting to resign from his positions as Vice General Manager and Chief Accountant [1] - Post-resignation, Sun Jun will maintain his role as Chairman and Director of Hefei Swan Refrigeration Technology Co., Ltd, a wholly-owned subsidiary of the company [1]

证券代码：688586 证券简称：江航装备 公告编号：2025-040 重要内容提示： 合肥江航飞机装备股份有限公司（以下简称"公司"）董事会于 2025 年 11 月 4 日收到公司副总经理、总会计师孙军先生递交的书面《辞职报告》，因工作 安排原因，孙军先生申请辞去公司副总经理、总会计师职务，辞职后继续担任公 司全资子公司合肥天鹅制冷科技有限公司董事长、董事职务。 | | | | | 离任 | 是否继续在 上市公司及 | | 是否存 | | --- | --- | --- | --- | --- | --- | --- | --- | | 姓名 | 离任职务 | 离任时间 | 原定任期到期日 | 原因 | 其控股子公 | 具体职务 | 在未履 行完毕 的公开 | | | | | | | 司任职 | | 承诺 | | | | | | | | 合肥天鹅制 | | | | 副总经理、总 | | | 工作 | | 冷科技有限 | | | 孙军 | | 2025 年 11 月 4 日 | 2028 年 8 月 13 日 | | 是 | | 否 | | | 会计师 | | | 安排 | | 公司董事长、 | | | | ...

Company Overview - Jianghang Equipment (SH 688586) announced on November 4 that Vice General Manager and Chief Accountant Sun Jun submitted his resignation due to work arrangements, but will continue to serve as Chairman and Director of its wholly-owned subsidiary Hefei Swan Refrigeration Technology Co., Ltd [1] Financial Performance - For the year 2024, Jianghang Equipment's revenue composition is as follows: 82.51% from aviation-related equipment manufacturing, 16.1% from refrigeration and air conditioning equipment manufacturing, and 1.39% from other businesses [1] Market Position - As of the report, Jianghang Equipment has a market capitalization of 8.7 billion yuan [1] Industry Insights - A significant increase in overseas orders by 246% has been reported in a related industry, covering over 50 countries and regions, with warnings about potential predatory pricing and unhealthy competition emerging in the overseas market [1]

Core Points - The company announced the resignation of its Deputy General Manager and Chief Accountant, Sun Jun, due to work arrangement reasons [1] - Sun Jun will continue to serve as the Chairman and Director of the company's wholly-owned subsidiary, Hefei Swan Refrigeration Technology Co., Ltd. after his resignation [1] - The responsibilities handled by Sun Jun have been properly transitioned, and his resignation will not affect the company's normal operations [1] - The company plans to complete the appointment of a new Chief Accountant as soon as possible [1] - Sun Jun holds 467,800 shares in the company, accounting for 0.06% of the total share capital [1]