合肥江航飞机装备股份有限公司 独立董事候选人声明与承诺 本人许常悦,已充分了解并同意由提名人合肥江航飞机装备股份有限公司董 事会提名为合肥江航飞机装备股份有限公司第二届董事会独立董事候选人。本人 公开声明,本人具备独立董事任职资格,保证不存在任何影响本人担任合肥江航 飞机装备股份有限公司独立董事独立性的关系,具体声明与承诺如下: 一、本人具备上市公司运作的基本知识,熟悉相关法律、行政法规、部门规 章及其他规范性文件,具有五年以上法律、经济会计、财务、管理等履行独立董 (九)《银行业金融机构董事(理事)和高级管理人员任职资格管理办法》 《保险公司董事、监事和高级管理人员任职资格管理规定》《保险机构独立董事 管理办法》等的相关规定(如适用); (十)其他法律法规、部门规章、规范性文件和上海证券交易所规定的情形。 三、本人具备独立性,不属于下列情形: (一)在上市公司或者其附属企业任职的人员及其直系亲属和主要社会关系 (直系亲属是指配偶、父母、子女等;主要社会关系是指兄弟姐妹、兄弟姐妹的 配偶、配偶的父母、配偶的兄弟姐妹、子女的配偶、子女配偶的父母等); (二)直接或者间接持有上市公司已发行股份 1%以上或者是上市 ...

合肥江航飞机装备股份有限公司 2024年度"提质增效重回报"行动方案 合肥江航飞机装备股份有限公司（以下简称"公司"）积极响应 并践行"以投资者为本"的发展理念，2024 年公司将深耕细作主责 主业、强化科技创新驱动，持续提高国防装备质量、提升企业价值， 积极回报全体股东，举措如下： 一、 聚焦主责主业，提供高质量航空装备 公司是航空工业机载板块下属的国有大型高新技术企业，是国 内唯一的航空氧气系统及机载油箱惰性化防护系统专业化研发制造 基地，亦是国内最大的飞机副油箱及国内领先的特种制冷设备制造 商。2023 年，公司完成所承担的多型号多项目的制氧、供氧、副油 箱、航天环控生保系统的研制交付任务。完成多型号产品鉴定、验 证、合同签署等任务及多型号首飞保障任务。围绕均衡生产要求， 顺利完成年度各项批产交付任务，年度航空产品营业收入首次突破 10 亿元。同时加大民机资源投入，打通了国产民机氧气、惰化系统 配套产业链、供应链，初步构建了适应市场需求和适航需求的产业 组织、科研生产体系，氧气、惰化系统在国产主要干、支线飞机、 通用飞机、民用直升机等产业化发展平台取得新突破、新进展。 2024 年，公司将继续秉承"航空 ...

中信证券股份有限公司、中航证券有限公司 关于合肥江航飞机装备股份有限公司 2023 年度持续督导跟踪报告 中信证券股份有限公司、中航证券有限公司（以下简称"保荐人"）作为合 肥江航飞机装备股份有限公司（以下简称"江航装备"或"公司"或"上市公 司"）首次公开发行股票并在科创板上市的保荐人，根据《证券发行上市保荐业 务管理办法》、《上海证券交易所科创板股票上市规则》等相关规定，履行持续督 导职责，并出具本持续督导年度跟踪报告。 一、 持续督导工作概述 1、保荐人制定了持续督导工作制度，制定了相应的工作计划，明确了现场 检查的工作要求。 2、保荐人已与公司签订保荐协议，该协议已明确了双方在持续督导期间的 权利义务，并报上海证券交易所备案。 3、本持续督导期间，保荐人通过与公司的日常沟通、现场回访等方式开展 持续督导工作，并于 2024 年 1 月 22 日至 2024 年 1 月 24 日对公司进行了现场 检查。 4、本持续督导期间，保荐人根据相关法规和规范性文件的要求履行持续督 导职责，具体内容包括： （1）查阅公司章程、三会议事规则等公司治理制度、三会会议材料； （2）查阅公司财务管理、会计核算和内部审计等内 ...

中信证券股份有限公司、中航证券有限公司 关于合肥江航飞机装备股份有限公司 首次公开发行股票并在科创板上市 之持续督导保荐总结报告书 | | | 一、公司基本情况 | 公司名称 | 合肥江航飞机装备股份有限公司 | | --- | --- | | 证券代码 | 688586.SH | | 注册地址 | 安徽省合肥市包河工业区延安路 35 号 | | 法定代表人 | 邓长权 | | 实际控制人 | 中国航空工业集团有限公司 | | 董事会秘书 | 袁乃国 | | 本次证券上市地点 | 上海证券交易所 | 注：2024 年 2 月，宋祖铭先生因达到法定退休年龄辞任公司董事长。经董事会选举， 选举邓长权先生担任公司董事长。公司根据章程规定，目前正在办理法定代表人工商变更登 记手续。 二、本次发行情况概述 经中国证券监督管理委员会（以下简称"中国证监会"）于 2020 年 7 月 6 日 下发《关于同意合肥江航飞机装备股份有限公司首次公开发行股票注册的批复》 （证监许可[2020]1344 号）同意注册，合肥江航飞机装备股份有限公司（以下简 称"江航装备"或"公司"或"上市公司"）向社会公众公开发行人民币普通股 10, ...

证券代码：688586 证券简称：江航装备 公告编号：2024-014 截至本公告披露日，陈驰华先生未持有公司股票。陈驰华先生离职后，未导 致公司董事会成员人数低于法定人数。在新任董事就任前，陈驰华先生将继续履 行公司第二届董事会董事、第二届董事会审计委员会委员职务，其离职不影响董 事会的正常运行，不会对公司的日常运营产生不利影响。 陈驰华先生在担任公司董事期间恪尽职守、勤勉尽责，董事会对陈驰华先生 为公司发展做出的贡献表示衷心感谢。 特此公告。 合肥江航飞机装备股份有限公司董事会 2024 年 3 年 27 日 合肥江航飞机装备股份有限公司 关于公司董事辞职的公告 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"）董事会于近日收到公 司董事陈驰华先生递交的辞职报告。陈驰华先生因工作安排原因向公司董事会申 请辞去公司第二届董事会董事、第二届董事会审计委员会委员职务。陈驰华先生 辞职后，将不再担任公司任何职务。 ...

Investment Rating - The report maintains a "Buy" rating for the company [1][7] Core Views - In 2023, the company achieved revenue of 1.214 billion yuan, a year-on-year increase of 9%, while the net profit attributable to shareholders decreased by 21% to 193 million yuan [4] - The revenue from aviation products grew steadily, with a notable increase in new product development and market expansion in the civil aviation sector [5][15] - The cooling business faced a decline in revenue due to changes in national industry policies and market conditions, with a 32% drop in revenue for the subsidiary Tian'e Refrigeration [5][6] - The company has successfully secured multiple project contracts in the military sector, which are expected to foster new business growth points [5] - The company’s gross profit margin was 38.38%, a decrease of 1.86 percentage points year-on-year, with specific product margins also declining [6] Financial Projections - The projected net profits for 2024, 2025, and 2026 are 245 million yuan, 292 million yuan, and 344 million yuan respectively, corresponding to price-to-earnings ratios of 31, 26, and 22 times [7][8] - Revenue is expected to grow to 1.444 billion yuan in 2024, with a growth rate of 18.95% [8][27] - The company’s R&D expenses increased by 46% to 116 million yuan, indicating a strong commitment to long-term development [6][39]

Investment Rating - The investment rating for the company is "Buy" (maintained) [2] Core Views - The company reported a revenue of 1.214 billion yuan in 2023, representing a year-on-year growth of 8.89%, while the net profit attributable to shareholders decreased by 20.90% to 193 million yuan [1][11] - The company has successfully secured multiple new research projects in military aviation, further solidifying its market-leading position. In the civil aviation sector, it received bidding invitations for three work packages related to the C929 aircraft from COMAC [1][12] - The company applied for 134 patents in 2023, with 97 being invention patents, accounting for 72% of the total [1] Financial Summary - The company's revenue is projected to grow from 1.214 billion yuan in 2023 to 1.793 billion yuan by 2026, with corresponding net profits expected to rise from 193 million yuan to 340 million yuan during the same period [2][11] - The company's gross margin for 2023 was 38.38%, a decrease of 4.61 percentage points compared to the previous year, primarily due to industry policy changes and market price impacts [11] - The company has a total asset value of 3.585 billion yuan in 2023, with a projected increase to 4.996 billion yuan by 2026 [7] Market Position and Outlook - The company focuses on aviation oxygen systems, inerting systems for fuel tanks, and special refrigeration products for military and civil use, establishing itself as a specialized R&D and manufacturing base in these areas [12] - The continuous growth in national defense spending is expected to benefit the company's development [12]

Financial Performance - The company's operating revenue for 2023 was CNY 1,214,095,535.82, representing an increase of 8.89% compared to CNY 1,114,928,450.26 in 2022[27]. - The net profit attributable to shareholders for 2023 was CNY 192,980,824.63, a decrease of 20.90% from CNY 243,983,394.24 in 2022[27]. - Basic earnings per share for 2023 were CNY 0.24, down 22.58% from CNY 0.31 in 2022[29]. - The net profit after deducting non-recurring gains and losses was CNY 159,977,928.06, down 21.23% from CNY 203,105,222.05 in 2022[27]. - The weighted average return on equity for 2023 was 8.37%, a decrease of 2.91 percentage points from 11.28% in 2022[29]. - The gross margin for the main business was 38.27%, down by 1.89 percentage points compared to the previous year[102]. - The operating costs increased by 12.28% to 748,162,761.63 CNY, influenced by policy changes and market conditions[99]. Dividend Distribution - The company plans to distribute a cash dividend of 1.3 RMB per 10 shares, totaling approximately 102.87 million RMB, which represents 53.31% of the net profit attributable to shareholders[5]. - As of December 31, 2023, the company reported a distributable profit of approximately 603.81 million RMB for shareholders[5]. - The board of directors has approved the profit distribution plan, which is subject to shareholder meeting approval[6]. - The company’s total cash dividend for the year is 102,874,090.28 yuan, which is 53.31% of the net profit attributable to ordinary shareholders[195]. - The company’s profit distribution plan for 2023 is pending approval at the annual shareholders' meeting[191]. Research and Development - Research and development expenses accounted for 12.92% of operating revenue, an increase of 0.49 percentage points from 12.43% in 2022[29]. - The total R&D investment for the year was ¥156,806,353.44, an increase of 13.12% compared to the previous year[73]. - The company applied for 134 patents in 2023, with 97 being invention patents, accounting for 72% of the total[71]. - The company has developed 23 core technologies that are applied across its products, continuously upgraded and improved during application[60]. - The company is actively engaged in research and development, with several technologies currently in the advanced stage of development and batch production[60]. Market and Product Development - The company achieved operating revenue of 1,214.10 million RMB in 2023, representing a year-on-year growth of 8.89%, primarily driven by the aviation business[43]. - Aviation products generated revenue of 861.06 million RMB, accounting for 70.92% of total revenue, with a year-on-year increase of 17.91%[43]. - The refrigeration business reported revenue of 164.31 million RMB, which is a decline of 33.46% year-on-year, impacted by changes in national industry policies and market conditions[43]. - The company is focusing on digital production line construction, having completed projects such as concentrators and rubber vulcanization[44]. - The company is actively pursuing new projects in the military and civilian refrigeration sectors, with a focus on specialized high-temperature air conditioning and vehicle air conditioning[48]. Governance and Compliance - The company has received a standard unqualified audit report from Da Hua Certified Public Accountants[5]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[8]. - The company has established a governance structure that includes a board of directors, supervisory board, and management team, enhancing operational compliance and economic quality[144]. - The company has implemented a robust internal control system to identify and mitigate various risks, including market, technical, quality, talent, and financial risks[147]. - The company has improved its information disclosure practices, ensuring that all disclosures are timely, accurate, and complete, thereby protecting investors' rights[146]. Risk Management - The company faced risks related to high customer concentration, which could significantly impact operational performance if major clients' purchasing needs change[92]. - The company is exposed to risks from macroeconomic factors, including potential reductions in military spending and changes in procurement policies[96]. - The company has developed a comprehensive risk management framework to address major risks associated with technological innovation and market competition[147]. Employee and Management - The total number of shares held by the board members and senior management at the end of the reporting period was 5,523,787 shares, with a total pre-tax remuneration of 698.33 million yuan[153]. - The company reported a total of 1,338 employees, with 965 in the parent company and 373 in major subsidiaries[184]. - The workforce includes 597 production personnel, 33 sales personnel, 413 technical personnel, 29 financial personnel, and 266 administrative personnel[185]. - The management team emphasized the importance of sustainability, committing to reduce carbon emissions by 30% over the next five years[163]. Strategic Initiatives - The company plans to invest in and acquire projects with technological advantages and market prospects in the aviation equipment and special refrigeration fields, ensuring the safety and controllability of the industrial chain[136]. - The company is focused on expanding its market presence in the unmanned aerial vehicle industry and aims to secure bids for C929 supporting products[140]. - Future strategies include potential mergers and acquisitions to bolster market competitiveness, although specific targets were not mentioned[153]. Community Engagement and ESG - The company conducts community outreach through its aviation science popularization program, engaging with local schools and communities[200]. - The company promotes volunteer activities among youth, including environmental initiatives and support for disabled children[200]. - The company emphasizes the importance of ESG, integrating environmental, social responsibility, and governance principles into its development strategy[199].

合肥江航飞机装备股份有限公司 中国(安徽)合肥市包河区延安路35号 230051 +86-0551-63499099 公司名称： 地 址： 邮政编码： 电 话： +86-0551-63499351 http://www.jianghang.com 综合管理部 传 真： 公司网站： 联系部门： 航 空 工 业 江 航 微 信 公 众 号 敬 请 关 注 AV I C H E F E I J I A N G H A N G A I R C R A F T E Q U I P M E N T C O. ,LT D . 航空工业合肥江航飞机装备股份有限公司 江航装备 2023年 环境、社会责任 和公司治理报告 Environmental,social responsibility and corporate governance report 强 军 ● 立 产 ● 增 效 ● 共 享 2023 年 1 月 1 日至 2023 年 12 月 31 日，部分内容超出上述范围。 报告发布周期 年度定期报告。 报告称谓说明 为便于表达和阅读，"合肥江航飞机装备股份有限公司"在报告中也 以"我们""公司"或"江航装备"表示。 ...

合肥江航飞机装备股份有限公司 | | | 募集资金存放与使用情况鉴证报告 大华核字[2024]0011002147 号 大 华 会 计 师 事 务 所 (特 殊 普 通 合 伙 ) DaHuaCertifiedPublicAccountants（SpecialGeneralPartnership） 合肥江航飞机装备股份有限公司 募集资金存放与使用情况鉴证报告 （2023 年度） 目录 页次 二、 合肥江航飞机装备股份有限公司 2023 年度募 集资金存放与实际使用情况的专项报告 1-7 大华会计师事务所（特殊普通合伙） 北京市海淀区西四环中路 16 号院 7 号楼 12 层 [100039] 电话：86 (10) 5835 0011 传真：86 (10) 5835 0006 www.dahua-cpa.com 我们的责任是在实施鉴证工作的基础上对江航装备募集资金专 项报告发表鉴证意见。我们按照《中国注册会计师其他鉴证业务准则 第 3101 号—历史财务信息审计或审阅以外的鉴证业务》的规定执行 了鉴证业务。该准则要求我们计划和实施鉴证工作，以对江航装备募 集资金专项报告是否不存在重大错报获取合理保证。 第1页 ...