证券代码：688586 证券简称：江航装备 公告编号：2024-029 合肥江航飞机装备股份有限公司 关于召开 2024 年第三季度业绩说明会的公告 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： 会议召开时间：2024 年 11 月 21 日(星期四)上午 9:00-10:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 二、说明会召开的时间、地点 （一）会议召开时间：2024 年 11 月 21 日（星期四）上午 9:00-10:00 （二）会议召开地点：上证路演中心（网址：http://roadshow.sseinfo.com/） （三）会议召开方式：上证路演中心网络互动 三、参加人员 董事长、总经理：邓长权 副总经理、总会计师：孙 军 投资者可于 2024 年 11 月 15 日（星期五）至 11 月 20 日（星期三）16:00 前登录上证路演中心网 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥198,557,167.38, a decrease of 28.17% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥32,461,099.31, down 38.15% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,837,529.27, a decline of 57.61% compared to the previous year[2] - The net profit attributable to shareholders for the year-to-date period was ¥136,616,889.18, down 26.69% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.04, a decrease of 55.56% compared to the same period last year[2] - The net profit for Q3 2024 was ¥136,616,889.18, a decrease of 26.7% compared to ¥186,350,798.94 in Q3 2023[18] - The total profit for Q3 2024 was ¥151,950,708.80, down from ¥214,031,540.65 in the same period last year, representing a decline of 29.0%[18] - The basic and diluted earnings per share for Q3 2024 were both ¥0.17, compared to ¥0.33 in Q3 2023, reflecting a 48.5% decrease[19] Research and Development - R&D investment totaled ¥51,073,131.40 in Q3 2024, representing an increase of 50.16% year-on-year[3] - The ratio of R&D investment to operating revenue was 25.72%, up 13.42 percentage points from the same period last year[3] - Research and development expenses increased to CNY 55,411,796.19, up from CNY 50,965,646.20 in the previous year, reflecting a growth of 8.9%[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,523,513,882.69, a decrease of 1.71% from the end of the previous year[3] - Total assets decreased to CNY 3,523,513,882.69 from CNY 3,584,944,155.52, a decline of 1.7%[16] - Total liabilities decreased to CNY 1,009,502,502.69, down from CNY 1,107,891,746.55, a reduction of 8.9%[16] - The company's equity attributable to shareholders increased to CNY 2,514,011,380.00, up from CNY 2,477,052,408.97, reflecting a growth of 1.5%[16] Cash Flow - The company reported a net cash flow from operating activities of -¥180,425,793.84 year-to-date, indicating a negative cash flow situation[3] - Cash flow from operating activities for the first three quarters of 2024 was negative at -¥180,425,793.84, compared to -¥144,387,575.53 in the same period last year[21] - The total operating cash inflow for the first three quarters of 2024 was ¥446,963,608.64, compared to ¥474,673,801.21 in the same period last year, a decrease of 5.8%[20] - The total operating cash outflow for Q3 2024 was ¥627,389,402.48, slightly higher than ¥619,061,376.74 in Q3 2023[21] - The company reported an increase in cash received from sales and services to ¥402,175,903.31 in the first three quarters of 2024, down from ¥421,448,716.58 in the same period last year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,349, with the largest shareholder, AVIC Aircraft Systems Co., Ltd., holding 324,592,366 shares, representing 41.02% of the total shares[10] - The largest shareholder group, including AVIC Aircraft Systems Co., Ltd. and AVIC Aviation Industry Investment Co., Ltd., is controlled by AVIC Group[11] - The company has no participation in margin financing or securities lending among the top ten shareholders[12] - The company has no significant changes in the top ten shareholders due to securities lending or borrowing[12] Inventory and Receivables - Accounts receivable increased to RMB 974.19 million from RMB 561.57 million, indicating a significant rise in outstanding payments[14] - Inventory decreased to RMB 542.95 million from RMB 581.38 million, reflecting a reduction in stock levels[14] - The total current assets decreased slightly to RMB 2.81 billion from RMB 2.86 billion[14] - The company reported a decrease in trading financial assets from RMB 483.86 million to RMB 100.12 million[14] - The company reported a decrease in accounts payable to CNY 551,369,471.61 from CNY 459,308,830.16, indicating improved cash flow management[16] Future Outlook - The company has not disclosed any new strategies or future outlook in the current report[14] - The company is focusing on expanding its market presence and enhancing product development capabilities, although specific new products or technologies were not detailed in the report[17]

证券代码：688586 证券简称：江航装备 公告编号：2024-028 合肥江航飞机装备股份有限公司 关于公司 2024 年前三季度计提资产减值准备的公告 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。 一、2024 年前三季度计提资产减值准备情况概述 根据《企业会计准则》及相关会计政策的规定，为客观、公允地反映合肥 江航飞机装备股份有限公司（以下简称"公司"）截至 2024 年 9 月 30 日的财 务状况及 2024 年前三季度的经营成果，本着谨慎性原则，公司对截至 2024 年 9 月 30 日合并报表范围内可能发生资产及信用减值损失的有关资产计提减值准备。 2024 年前三季度，公司计提各类资产减值损失和信用减值损失共计 20,239,797.98 元。具体情况如下表所示： 单位：人民币 元 | 项目 | | 前三季度发生额 | | --- | --- | --- | | 信用减值损失（损失以"-"号 填列） | 应收票据坏账损失 | 8,713,784.80 | | | 应收账款坏账损失 | -28,722,84 ...

证券代码：688586 证券简称：江航装备 公告编号：2024-027 合肥江航飞机装备股份有限公司 第二届监事会第十二次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 合肥江航飞机装备股份有限公司（以下简称"公司"）第二届监事会第十二 次会议（以下简称"本次会议"）于 2024 年 10 月 29 日以现场结合通讯的方式 召开，本次会议通知已于 2024 年 10 月 23 日以邮件方式送达公司全体监事。 经与会监事审议，逐项表决，做出以下决议： （一）审议通过《合肥江航飞机装备股份有限公司 2024 年第三季度报告》 监事会认为：2024 年第三季度报告的编制和审议程序符合相关法律法规及 《公司章程》的有关规定。报告的内容与格式符合有关规定。报告真实反映了公 司 2024 年第三季度的财务状况和经营成果，披露的信息真实、准确、完整，不 存在任何虚假记载、误导性陈述或重大遗漏。 表决结果：3 票同意，0 票反对，0 票回避，0 票弃权。 具体内容详见公司于同日在上海证券交易所网站（ww ...

证券代码：688586 证券简称：江航装备 合肥江航飞机装备股份有限公司 投资者关系活动记录表 编号：2024-002 | --- | --- | --- | |-----------------------------|---------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：688586 证券简称：江航装备 公告编号：2024-026 合肥江航飞机装备股份有限公司 关于召开 2024 年半年度业绩说明会的公告 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： 合肥江航飞机装备股份有限公司（以下简称"公司"）已于 2024 年 8 月 29 日在上海证券交易所网站（www.sse.com.cn）披露了公司 2024 年半年度报告， 为便于广大投资者更全面深入地了解公司 2024 年半年度经营成果、财务状况， 公司计划于 2024 年 09 月 23 日（星期一）上午 11:00-12:00 举行 2024 年半年度 业绩说明会，就投资者关心的问题进行交流。 一、业绩说明会类型 本次业绩说明会以网络互动形式召开，公司将针对 2024 年半年度的经营成 果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围 内就投资者普遍关注的问题进行回答。 二、业绩说明会召开的时间、地点 （一） 会议召开时间：2024 年 09 月 23 日（星期一）上午 11:00-12 ...

Investment Rating - The report maintains a "Buy" rating for Jianghang Equipment (688586) [1] Core Views - The company focuses on its core business in aviation emergency response, with an emphasis on research and innovation as a key growth driver [2] - Despite a decline in revenue and net profit in the first half of 2024, the company increased its R&D expenditure to 12.27% of revenue, indicating a commitment to future technological upgrades and product innovation [1][2] - The company is expanding into new industries related to aviation emergency rescue, including high-altitude oxygen vehicles and emergency vehicles, leveraging its oxygen production technology [2] - Jianghang Equipment holds a leading market position as the only domestic research and manufacturing base for aviation oxygen systems and specialized inerting systems for fuel tanks [2] Financial Summary - In the first half of 2024, the company reported revenue of 593 million yuan, a year-on-year decrease of 6.51%, and a net profit of 104 million yuan, down 22.20% year-on-year [1] - The company's projected net profits for 2024-2026 are 244 million, 289 million, and 340 million yuan respectively, with corresponding P/E ratios of 27, 23, and 19 times [2] - The asset-liability ratio stands at 29.17%, indicating a healthy asset structure and strong short-term solvency [1][2] - The company has a market capitalization of approximately 6.62 billion yuan, with a closing price of 8.36 yuan per share [4][5]

Financial Performance - Revenue for the first half of 2024 was ¥592,855,013.28, a decrease of 6.51% compared to ¥634,141,585.52 in the same period last year[12]. - Net profit attributable to shareholders was ¥104,155,789.87, down 22.20% from ¥133,868,960.60 year-on-year[12]. - Net profit after deducting non-recurring gains and losses was ¥87,776,758.91, a decline of 26.29% compared to ¥119,086,488.84 in the previous year[12]. - The net cash flow from operating activities was -¥119,893,324.15, compared to -¥102,286,797.64 in the same period last year[12]. - Basic earnings per share decreased by 45.83% to CNY 0.13 compared to the same period last year[13]. - Diluted earnings per share also decreased by 45.83% to CNY 0.13 compared to the same period last year[13]. - The weighted average return on equity decreased by 1.42 percentage points to 4.17% compared to the same period last year[13]. - The company reported a total R&D investment of ¥72,734,625.32 for the current period, representing a 14.77% increase compared to ¥63,374,206.39 in the same period last year[32]. - The company reported a significant decrease in investment cash flow, with a net cash flow of ¥14,489,447.74, down 87.39% from ¥114,909,973.26 in the previous year[47]. Assets and Liabilities - Total assets decreased by 2.52% to ¥3,494,563,921.49 from ¥3,584,944,155.52 at the end of the previous year[12]. - Net assets attributable to shareholders at the end of the reporting period were ¥2,480,704,163.90, a slight increase of 0.15% from ¥2,477,052,408.97 at the end of the previous year[12]. - Accounts receivable increased by 60.56% to ¥901,647,678.70, compared to ¥561,573,046.81 at the end of the previous year, indicating a decrease in cash collection[48]. - Total liabilities decreased to ¥1,013,859,757.59 from ¥1,107,891,746.55, a decline of about 8.5%[112]. - The company's equity attributable to the parent company reached 2.481 billion yuan, a year-on-year increase of 0.15%[45]. Research and Development - Research and development expenses accounted for 12.27% of operating revenue, an increase of 2.28 percentage points year-on-year[13]. - The company has accumulated 764 patents and received over 60 national and provincial-level scientific and technological awards[20]. - The company applied for 31 new patents during the reporting period, with 26 patents granted, bringing the cumulative total to 1,388 applications and 775 grants[31]. - The company is currently developing an emergency oxygen supply system for aircraft, which aims to meet the needs of cabin decompression conditions[28]. - The company reported research and development expenses for the first half of 2024 were ¥32,334,630.31, a slight decrease of 1.99% from ¥32,991,761.45 in the previous year[47]. Market Position and Strategy - The company operates in the aerospace equipment and special refrigeration sectors, focusing on oxygen systems and military refrigeration equipment[17]. - The company has successfully expanded its military refrigeration equipment to cover all branches of the armed forces, enhancing its market presence[17]. - The company is positioned as a core component integrator in the aviation manufacturing industry, focusing on aviation life support systems and fuel systems[19]. - The aviation manufacturing industry in China has entered a fast development track, with a complete technical and industrial system established[19]. - The company has established itself as the only domestic R&D and manufacturing base for aviation oxygen systems, covering all military aircraft and some civil aircraft[42]. Environmental and Social Responsibility - The company invested 884,600 RMB in environmental protection during the reporting period, with a 100% compliance rate for hazardous waste disposal[58][59]. - The company successfully passed the environmental management system re-certification in February 2024, demonstrating its commitment to high environmental standards[59]. - The company has established pollution control facilities, including wastewater treatment plants and hazardous waste storage, to manage its environmental impact[60]. - The company has a comprehensive emergency response plan for environmental incidents, which was revised and approved in April 2023[62]. - The company actively engaged in rural revitalization and public welfare activities, including donations to support disadvantaged community members[67]. Corporate Governance and Shareholder Relations - The company has committed to strict compliance with confidentiality laws and regulations to prevent the leakage of state secrets[89]. - The controlling shareholder, AVIC, has committed to not engaging in any business activities that directly or indirectly compete with the main business of Jianghang Equipment[74]. - The company emphasizes shareholder returns and will prioritize cash dividends in its profit distribution policy[71]. - The company will ensure compliance with laws and regulations regarding corporate governance to protect the interests of public shareholders[72]. - The company has a comprehensive plan to manage energy consumption and carbon emissions, promoting a transition to low-carbon development[66]. Financial Management - The company reported a total of 216,500,000 CNY in expected related party transactions for 2024, with actual transactions amounting to 124,439,100 CNY, representing approximately 57.5% of the expected amount[91]. - The company has a maximum daily deposit limit of 1,400,000,000 CNY with its related party, with an interest rate range of 0.205%-3.25%[93]. - The total amount of raised funds is approximately RMB 940.93 million, with RMB 499.89 million utilized by the end of the reporting period, representing a utilization rate of 53.10%[98]. - The company has allocated RMB 122 million for working capital, fully utilized by the end of the reporting period, achieving a 100% utilization rate[99]. - The company has not reported any major contracts or their performance during the reporting period[95].

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 使用部分暂时闲置募集资金进行现金管理的核查意见 二、募集资金使用情况 按照《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招 股说明书》披露的募集资金投资项目及募集资金使用计划，募集资金专户上的募 集资金余额共 94,093.34 万元。募集资金使用计划如下： 1 单位：万元 | 序号 | 项目名称 | 项目总投资 | 计划利用募集资金 投资额 | | --- | --- | --- | --- | | 1 | 技术研究与科研能力建设项目 | 18,175 | 17,903 | | 2 | 产品研制与生产能力建设项目 | 16,588 | 13,169 | | 3 | 环境控制集成系统研制及产业化项目 | 9,500 | 7,036 | | 4 | 补充流动资金 | 15,000 | 15,000 | | | 合计 | 59,263 | 53,108 | 中信证券股份有限公司、中航证券有限公司（以下简称"保荐机构"）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"）首次公开 发行股票并在科创板上市的保荐机构 ...

证券代码：688586 证券简称：江航装备 合肥江航飞机装备股份有限公司 投资者关系活动记录表 编号：2024-001 √特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系活动类别 □新闻发布会 □路演活动 √现场参观 √其他（电话会议） 国投瑞银基金：李轩，首钢基金：董宇鑫、周爵祺，广发基金 ：顾益辉，中信建投：黎韬扬、王春阳，国元证券：马捷，北 京文博启盛：白天、程严、刘艳丽、张广泰、许文琪，保利汇 鑫：韩卓然、丁梓晨，鼎萨投资：张王品，红珊瑚资产：唐子 逸，成都产投：李杰，诚通基金：徐可，大家资产：方城林， 淡水泉投资：陈晓生、周坤凯，点石投资：杨紫琪，东北证券 ：黄泽、王一鸣、王凤华，东吴证券：苏立赞、高正泰，东兴 基金：周昊，方正证券：黄凯伦，泽源资产：吴金勇，光大保 德信基金：王艺伟、林凤，光大证券：王凯、冷昊，国创基金 ：张嘉芮，国泰君安：宋博，中航证券：梁晨、宋浩田、耿乙 、洪瑶、李博伦、刘军、倪雅彤，国元证券：石昆仑，合肥建 参与单位名称及人员 投资本：葛浩然，厚雪基金：黄思琴，华安基金：花超，华泰 姓名 证券：刘新宇，华西证券：向阳，华夏基金：胡斌，华源证券 ：王光源、杜见平 ...