成都国光电气股份有限公司（以下简称"公司"）第九届监事会第二次会议 于 2025 年 8 月 28 日以现场会议方式召开。本次会议应参加表决监事 3 人，实际 参加表决监事 3 人，本次会议由监事会主席曾琛先生主持。本次监事会会议的召 集和召开程序符合有关法律、行政法规、部门规章、规范性文件和《成都国光电 气股份有限公司章程》（以下简称"《公司章程》"）的规定，作出的决议合法、有 效。 成都国光电气股份有限公司 第九届监事会第二次会议决议公告 本公司监事会及全体监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、监事会会议召开情况 证券代码：688776 证券简称：国光电气 公告编号：2025-032 二、监事会会议审议情况 经与会监事表决，审议通过了以下议案： 1.审议通过《关于公司 2025 年半年度报告及其摘要的议案》 表决结果：同意票 3 票，反对票 0 票，弃权票 0 票，回避票 0 票； 监事会意见：公司 2025 年半年度报告的编制和审核程序符合相关法律、法 规、中国证监会及上海证券交易所的有关要求，符合《公司章程》和公司内部 ...

公司代码：688776 公司简称：国光电气 成都国光电气股份有限公司 2025 年半年度报告 成都国光电气股份有限公司2025 年半年度报告 1 / 325 成都国光电气股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及除李泞先生外的董事、高级管理人员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、准确性和完整性承担个别及连带责任。 李泞先生无法保证本报告内容的真实性、准确性和完整性，理由是：因被留置，无法正常履职。 请投资者特别关注。 二、 重大风险提示 公司已在本报告中详细阐述经营过程中可能面临的风险及应对措施，有关内容详见报告第三 节"管理层讨论与分析"，敬请投资者注意阅读 三、 未出席董事情况 | 未出席董事职务 | 未出席董事姓名 | 未出席董事的原因说明 | 被委托人姓名 | | --- | --- | --- | --- | | 董事 | 李泞 | 因被留置，无法正常履职 | 张亚 | 上述情况详见公司于 2025 年 7 月 23 日披露的《国光电气关于公司重大事项的公告》（公告编号： 2025-031）。 四、 本半年度报告未经审计。 五、 公 ...

Group 1 - On August 25, Guoguang Electric's stock rose by 5.43%, with a trading volume of 508 million yuan [1] - The financing data shows that on the same day, Guoguang Electric had a financing purchase amount of 51.67 million yuan and a financing repayment of 51.98 million yuan, resulting in a net financing purchase of -312,100 yuan [1] - As of August 25, the total balance of margin trading for Guoguang Electric was 199 million yuan, with the financing balance accounting for 2.07% of the circulating market value, which is below the 40th percentile level over the past year [1] Group 2 - As of March 31, Guoguang Electric had 4,531 shareholders, a decrease of 19.39% compared to the previous period, while the average circulating shares per person increased by 24.06% to 23,920 shares [2] - For the first quarter of 2025, Guoguang Electric reported an operating income of 105 million yuan, a year-on-year decrease of 34.07%, and a net profit attributable to shareholders of 2.12 million yuan, down 92.65% year-on-year [2] Group 3 - Since its A-share listing, Guoguang Electric has distributed a total of 91.72 million yuan in dividends, with 41.73 million yuan distributed in the last three years [3] - As of March 31, 2025, among the top ten circulating shareholders of Guoguang Electric, Hong Kong Central Clearing Limited ranked seventh with 789,300 shares, a decrease of 137,100 shares from the previous period [3] - Huaxia High-end Manufacturing Mixed A (002345) entered the top ten circulating shareholders with 672,500 shares, while Ruiyuan Growth Value Mixed A (007119) exited the list [3]

天眼查商业履历信息显示，成都国光电气股份有限公司，成立于1981年，位于成都市，是一家以从事专 用设备制造业为主的企业。企业注册资本10838.3419万人民币，实缴资本10480万人民币。公司法定代 表人为李泞。 通过天眼查大数据分析，成都国光电气股份有限公司共对外投资了7家企业，参与招投标项目405次，知 识产权方面有商标信息17条，专利信息271条，此外企业还拥有行政许可77个。 来源：金融界 金融界消息 截至2025年8月25日收盘，国光电气（688776）报收于88.41元，上涨5.43%，换手率 5.38%，成交量5.83万手，成交金额5.08亿元。 资金流向方面，今日主力资金净流入1801.04万元，占比成交额3.54%。其中，超大单净流入1575.94万 元、占成交额3.1%，大单净流入225.10万元、占成交额0.44%，中单净流出流出2739.24万元、占成交额 5.39%，小单净流入938.20万元、占成交额1.85%。 国光电气最新一期业绩显示，截至2025一季报，公司营业总收入1.05亿元、同比减少34.07%，归属净利 润211.77万元，同比减少92.65%，扣非净利润179.4 ...

Group 1 - The core point of the article highlights the financing activities of Guoguang Electric, indicating a net sell-off in recent trading days [1] - On August 15, Guoguang Electric had a financing buy amount of 0.16 billion, ranking 1101 in the market, with a financing repayment amount of 0.20 billion, resulting in a net sell of 4.78 million [1] - Over the last three trading days (August 13-15), Guoguang Electric received financing buys of 0.10 billion, 0.17 billion, and 0.16 billion respectively [1] Group 2 - In terms of securities lending, on August 15, there were no shares sold short, but there was a net purchase of 0.0031 million shares [1]

Group 1 - The core viewpoint of the news is that Guoguang Electric (688776) has experienced a decline in stock price and significant decreases in revenue and profit in its latest financial report [1] - As of August 8, 2025, Guoguang Electric's stock closed at 86.22 yuan, down 0.68%, with a turnover rate of 1.3% and a trading volume of 14,100 shares, amounting to 122 million yuan [1] - The company reported total revenue of 105 million yuan for Q1 2025, a year-on-year decrease of 34.07%, and a net profit attributable to shareholders of 2.12 million yuan, down 92.65% year-on-year [1] Group 2 - Guoguang Electric has a current liquidity ratio of 4.503, a quick ratio of 3.941, and a debt-to-asset ratio of 23.44% [1] - The company has made investments in 7 enterprises and participated in 403 bidding projects, with 17 trademark registrations and 270 patents [2] - Guoguang Electric was established in 1981 and is primarily engaged in the manufacturing of specialized equipment, with a registered capital of approximately 1.08 billion yuan [1][2]

Core Viewpoint - The military industry is experiencing significant growth, particularly in the informationization sector, driven by recent developments and government support, indicating a potential turning point for orders by 2025 [4][5]. Group 1: Military Industry Performance - On August 4, the military sector showed strong performance, with companies like Hengyu Communication, Xingtun New Science, and Kesi Technology reaching their daily limit increases [4]. - The report highlighted the successful integration of new technologies in military operations, including drone swarm tactics and unmanned combat modes, which were recently showcased [4]. Group 2: Future Outlook - According to Zhongyou Securities, the military industry is expected to see a turning point in orders by 2025, focusing on new technologies that enhance equipment performance and reduce costs [5]. - The concept of "Big Military" is anticipated to bring market growth and valuation expansion, particularly in low-altitude economy and commercial aerospace sectors during the 14th Five-Year Plan [5].

Group 1 - The stock price of Guoguang Electric (688776) closed at 89.62 yuan, down 1.83% with a turnover rate of 1.62% and a trading volume of 17,600 shares, amounting to 158 million yuan [1] - The latest financial report for Guoguang Electric shows total revenue of 105 million yuan, a year-on-year decrease of 34.07%, and a net profit attributable to shareholders of 2.12 million yuan, down 92.65% year-on-year [1] - The company has a current ratio of 4.503, a quick ratio of 3.941, and a debt-to-asset ratio of 23.44% [1] Group 2 - Guoguang Electric has made investments in 7 companies and participated in 403 bidding projects [2] - The company holds 17 trademark registrations and 270 patents, along with 77 administrative licenses [2]

金融界消息 截至2025年8月1日收盘，国光电气（688776）报收于89.72元，上涨4.33%，换手率4.32%， 成交量4.68万手，成交金额4.15亿元。 资金流向方面，今日主力资金净流入7404.93万元，占比成交额17.83%。其中，超大单净流入3165.92万 元、占成交额7.62%，大单净流入4239.00万元、占成交额10.21%，中单净流出流出1765.18万元、占成 交额4.25%，小单净流出5639.75万元、占成交额13.58%。 国光电气最新一期业绩显示，截至2025一季报，公司营业总收入1.05亿元、同比减少34.07%，归属净利 润211.77万元，同比减少92.65%，扣非净利润179.43万元，同比减少93.65%，流动比率4.503、速动比率 3.941、资产负债率23.44%。 天眼查商业履历信息显示，成都国光电气股份有限公司，成立于1981年，位于成都市，是一家以从事专 用设备制造业为主的企业。企业注册资本10838.3419万人民币，实缴资本10480万人民币。公司法定代 表人为李泞。 通过天眼查大数据分析，成都国光电气股份有限公司共对外投资了7家企业，参与招投标项 ...

Core Insights - The report highlights that nearly all of the over 50 controllable nuclear fusion concept stocks have undergone investor research this year, indicating strong interest in the sector [1] - Several companies have released their performance data for the first half of 2025, with some reporting profit increases while others are facing losses [1] Group 1: Company Research and Performance - Ice Wheel Environment (000811) and Antai Technology (000969) have received over 10 investor research sessions, with Ice Wheel Environment leading with 42 sessions [2] - The total market capitalization of Ice Wheel Environment is 126.66 billion, with a year-to-date increase of 38.05% [2] - Other notable companies include Jiangsu Shentong (002438) with 13 research sessions and a market cap of 69.08 billion, showing a year-to-date increase of 13.13% [2] Group 2: Performance Variability - Companies such as Baoshan Co. (600973) and Yongding Co. (600105) have reported performance increases, while China First Heavy Industries (601106) and others have reported performance losses [1] - The report indicates that the performance of controllable nuclear fusion stocks is varied, with some companies like China Nuclear Power (601985) experiencing a year-to-date decline of 10.35% [2]