证券代码：688586 证券简称：江航装备 公告编号：2025-042 合肥江航飞机装备股份有限公司 关于预计 2026 年度日常关联交易额度的公告 本公司董事会及全体董事保证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： 本次日常关联交易预计事项尚需要提交股东会审议。 合肥江航飞机装备股份有限公司（以下简称"公司"）本次日常关联交 易均是公司正常生产经营所必需，定价公允、结算时间与方式合理，不损害公司 及中小股东的利益。公司选择的合作关联方均具备良好商业信誉和财务状况，可 降低公司的经营风险，有利于公司正常业务的持续开展。公司主要业务不会因此 形成对关联方的依赖，不影响公司的独立性。 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 2025 年 12 月 15 日，公司第三届董事会第五次会议审议通过了《关于预计 2026 年度日常关联交易额度的议案》，关联董事胡元枧、钟华回避表决，出席 会议的非关联董事一致表决通过该议案，表决程序符合《中华人民共和国公司法》 《中华人民共和国证券法》等法律法规以及《公司章程》的有关规定。 ...

证券代码：688586 证券简称：江航装备 公告编号：2025-043 合肥江航飞机装备股份有限公司 关于召开2025年第四次临时股东会的通知 本公司董事会及全体董事保证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： 一、 召开会议的基本情况 （一） 股东会类型和届次 网投票平台的投票时间为股东会召开当日的 9:15-15:00。 （六） 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 召开日期时间：2025 年 12 月 31 日 14 点 00 分 召开地点：安徽省合肥市包河工业区延安路 35 号公司会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 12 月 31 日 至2025 年 12 月 31 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过互联 股东会召开日期：2025年12月31日 本次股东会采用的网络 ...

Market Overview - The aviation equipment sector experienced a decline of 0.63% on December 2, with Chaotuo Aerospace leading the drop [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Stock Performance - Jianghang Equipment (688586) saw a closing price of 12.14, up 4.57% with a trading volume of 259,000 shares [1] - Lijun Co., Ltd. (002651) closed at 12.33, up 3.96% with a trading volume of 996,100 shares [1] - Chaotuo Aerospace (688237) closed at 46.00, down 7.72% with a trading volume of 47,000 shares [2] Capital Flow - The aviation equipment sector had a net outflow of 707 million yuan from institutional investors, while retail investors saw a net inflow of 735 million yuan [2][3] - The table shows the capital flow for various stocks, indicating that major stocks like Parker New Materials (605123) and Aerospace Rainbow (002389) experienced mixed capital flows [3] Individual Stock Highlights - Parker New Materials (605123) had a net inflow of 43.66 million yuan from institutional investors, while retail investors had a net outflow of 32.96 million yuan [3] - Aerospace Rainbow (002389) saw a net inflow of 38.89 million yuan from institutional investors, with retail investors experiencing a net outflow of 35.40 million yuan [3] - Jianghang Equipment (688586) had a net inflow of 29.45 million yuan from institutional investors, while retail investors had a net outflow of 35.41 million yuan [3]

Group 1 - Jianghang Equipment's stock increased by 5.08%, reaching 12.20 CNY per share, with a trading volume of 69.10 million CNY and a turnover rate of 0.75%, resulting in a total market capitalization of 9.654 billion CNY [1] - The company, established on December 28, 2007, and listed on July 31, 2020, is located in Hefei, Anhui Province, and specializes in aviation equipment and special refrigeration [1] - The main business revenue composition includes aviation products at 69.45%, special refrigeration equipment at 15.31%, and others at 15.24% [1] Group 2 - Guotai Fund's Guotai Zhongzheng Military Industry ETF (512660) is among the top ten circulating shareholders of Jianghang Equipment, having reduced its holdings by 577,300 shares to 3.0879 million shares, representing 0.39% of circulating shares [2] - The fund has achieved a return of 13.73% this year, ranking 3222 out of 4206 in its category, and a return of 11.07% over the past year, ranking 3173 out of 4012 [2] - The fund was established on July 26, 2016, with a current scale of 14.109 billion CNY and a cumulative return of 18.47% since inception [2]

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]