证券代码：688586 证券简称：江航装备 公告编号：2026-009 合肥江航飞机装备股份有限公司 关于公司核心技术人员退休离任的公告 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。 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"）核心技术人员李 春睦先生因达到法定退休年龄且返聘期满，于近日正式退休，公司不再认定其为 核心技术人员，且李春睦先生不再担任公司及控股子公司任何职务。 截至本公告披露日，公司技术研发工作正常进行，并持续专注研发体系 建设。本次核心技术人员的退休离任不会对公司的生产经营和技术研发带来实质 性影响，不会影响公司拥有的核心技术，不会对公司的研发管理、生产经营等方 面产生任何不利影响。 一、核心技术人员退休离任的具体情况 公司核心技术人员李春睦先生因达到法定退休年龄且返聘期满，于近日正式 退休，公司不再认定其为核心技术人员，且李春睦先生不再担任公司及控股子公 司任何职务。公司及董事会对李春睦先生任职期间为公司发展所做出的努力和贡 献表示衷心感谢！ 截至本公告披露日，李春睦先生持有公司股份 ...

Core Viewpoint - Jianghang Equipment (688586.SH) reported a significant decline in both revenue and net profit for the fiscal year 2025, attributed to market conditions, industry policies, and changes in product order delivery schedules [1] Financial Performance - The company achieved an operating revenue of 947.54 million yuan, a year-on-year decrease of 13.30% [1] - The net profit attributable to the parent company was 55.01 million yuan, reflecting a year-on-year decline of 56.13% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 41.83 million yuan, down 59.79% year-on-year [1] Factors Influencing Performance - The decline in revenue from aviation products and a decrease in product gross margin were significant contributors to the overall financial downturn [1] - The company increased its investment in research and development for military and civilian aircraft, advanced manufacturing, and emerging industries, which also impacted net profit negatively [1]

证券代码：688586 证券简称：江航装备 公告编号：2026-008 合肥江航飞机装备股份有限公司 2025 年度业绩快报公告 | 项目 | 本报告期 | 上年同期 | 增减变动幅度 | | --- | --- | --- | --- | | | | | （％） | | 营业总收入 | 94,754.20 | 109,289.25 | -13.30 | | 营业利润 | 5,727.90 | 13,373.79 | -57.17 | | 利润总额 | 5,604.80 | 13,640.27 | -58.91 | | 归属于母公司所有者的净利润 | 5,501.42 | 12,539.62 | -56.13 | | 归属于母公司所有者的扣除非 经常性损益的净利润 | 4,183.14 | 10,402.77 | -59.79 | | 基本每股收益（元） | 0.07 | 0.16 | -56.25 | | 加权平均净资产收益率（%） | 2.32 | 5.32 | 减少 3.0 个百分点 | | | 本报告期末 | 本报告期初 | 增减变动幅度 （％） | | 总 资 产 | 356,996.02 | 36 ...

Resignation Details - The company received a resignation letter from Mr. Shen Hong, the Deputy General Manager and General Counsel, on February 26, 2026, due to job relocation [1] - Mr. Shen will no longer hold any positions within the company or its subsidiaries after his resignation [1] Impact on the Company - Mr. Shen's resignation will take effect upon delivery to the board and will not affect the company's normal operations as his responsibilities have been properly transitioned [1] - As of the announcement date, Mr. Shen did not hold any shares in the company [1] - The company expressed gratitude for Mr. Shen's contributions during his tenure, highlighting his diligence and professional knowledge [1]

证券代码：688586 证券简称：江航装备 公告编号：2026-007 根据《公司法》《证券法》《上海证券交易所科创板股票上市规则》等法律法规、规范性文件及《公司 章程》的有关规定，沈宏先生递交的《辞职报告》自送达公司董事会之日起生效。沈宏先生所负责的工 作已妥善交接，其辞职不会影响公司正常经营。 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2026年2月26日收到公司副总经理、总法 律顾问沈宏先生递交的书面《辞职报告》，因工作调动原因，沈宏先生申请辞去公司副总经理、总法律 顾问职务，辞职后不再担任公司及控股子公司任何职务。 一、辞职情况 ■ 二、对公司的影响 合肥江航飞机装备股份有限公司 关于公司副总经理、总法律顾问辞职的公告 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。 截至本公告披露日，沈宏先生未持有公司股份。沈宏先生在公司任职期间，勤勉尽责、恪尽职守，以深 厚的专业知识，为公司生产经营和业务发展做出了重要贡献。公司及公司董事会对沈宏先生在任职期间 为公司做出的贡献表示衷心的感谢！ 特此 ...

格隆汇2月26日丨江航装备(688586.SH)公布，公司董事会于2026 年2月 26 日收到公司副总经理、总法律 顾问沈宏先生递交的书面《辞职报告》，因工作调动原因，沈宏先生申请辞去公司副总经理、总法律顾 问职务，辞职后不再担任公司及控股子公司任何职务。 ...

证券代码：688586 证券简称：江航装备 公告编号：2026-007 合肥江航飞机装备股份有限公司 关于公司副总经理、总法律顾问辞职的公告 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。 重要内容提示： | 姓 | | | | | | | | | | | 离任 | 是否继续在 上市公司及 | 具体职 | 是否存在 未履行完 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名 | 离任职务 | | 离任时间 | | | | 原定任期到期日 | | | | | | 务（如 | | | | | | | | | | | | | | 原因 | 其控股子公 | 适用） | 毕的公开 | | | | | | | | | | | | | | 司任职 | | 承诺 | | 沈 | 副总经理、 | 2026 | 年 2 | 月 | 26 | 日 | 2028 年 8 | 月 | 13 | 日 | 工 ...

Group 1 - Jianghang Equipment announced the resignation of Vice General Manager and General Counsel Shen Hong due to job relocation, effective immediately, and he will no longer hold any positions in the company or its subsidiaries [1] Group 2 - Over 100,000 people overwhelmed the servers to witness the bidding for "Machu" by eight real estate companies, resulting in 243 rounds of bidding over 9 hours, with a total transaction value of 23.6 billion yuan [1] - A new land price record was set in Guangzhou at 85,000 yuan per square meter [1]

Core Viewpoint - Jianghang Equipment announced the resignation of its Deputy General Manager and General Counsel, Shen Hong, due to job relocation, effective immediately upon submission of his resignation report to the board [1] Group 1 - Shen Hong's resignation was submitted on February 26, 2026, and he will no longer hold any positions within the company or its subsidiaries after his departure [1] - Shen Hong's original term was set to end on August 13, 2028, but his resignation has been properly transitioned without affecting the company's normal operations [1] - As of the announcement date, Shen Hong did not hold any shares in the company [1]

Investment Rating - The report maintains a "Positive" outlook for the defense and military industry [4] Core Insights - The focus is on increasing allocations in the large aircraft and military trade sectors, with expectations for growth in these areas due to geopolitical events and advancements in core technologies [8] - The large aircraft sector is expected to see accelerated development, particularly with the C919 aircraft, as key components are set to achieve certification and production targets [11][12] - Military trade is anticipated to benefit from heightened defense spending in the Middle East due to regional tensions, with expectations for increased market share for Chinese military exports [12] - The commercial aerospace sector is viewed positively for the first half of the year, despite recent adjustments and lower-than-expected launch activities [13] - Domestic demand in the military sector is expected to recover, with potential for exceeding current market pessimism as the "14th Five-Year Plan" progresses [14] Summary by Sections 1.1 Large Aircraft - The report highlights that the current market has low expectations for the large aircraft sector, particularly regarding the C919's delivery volumes. However, advancements in engine and onboard systems are expected to accelerate, potentially leading to a faster-than-expected development pace in the next two years [11][12] 1.2 Military Trade - The report notes that escalating tensions in the Middle East are likely to increase defense spending and military imports in the region. China's military trade share is expected to rise as countries diversify their defense procurement sources [12] 1.3 Commercial Aerospace - Despite recent adjustments in the commercial aerospace sector, the report maintains a positive outlook for investment opportunities in leading companies, particularly in satellite manufacturing and related technologies [13] 1.4 Domestic Military Demand - The report suggests that the market has been overly pessimistic regarding domestic demand recovery. It anticipates that as geopolitical uncertainties rise and the "14th Five-Year Plan" is implemented, demand in the military sector may recover faster than expected [14] 1.5 Investment Recommendations - The report recommends actively investing in core targets within the large aircraft and military trade sectors, while monitoring the commercial aerospace sector for potential catalysts. Specific companies are highlighted for investment consideration [16]