（文章来源：证券日报） 证券日报网讯 12月11日，振华科技在互动平台回答投资者提问时表示，公司主营产品广泛应用于航 空、航天、电子、兵器、船舶及核工业等重要领域，并已成为该应用领域的重要支撑力量。 ...

（文章来源：每日经济新闻） 振华科技（000733.SZ）12月11日在投资者互动平台表示，公司子公司贵州振华华联电子有限公司为小 鹏汇天提供机电组件类产品。 每经AI快讯，有投资者在投资者互动平台提问：请问贵公司与小鹏汇天有哪些具体的合作？ ...

Core Viewpoint - The company, Zhenhua Technology, reported an increase in accounts receivable due to revenue growth in its new electronic components business and extended payment periods, while adhering to accounting standards for provisions [1] Group 1 - The company's revenue growth in the new electronic components sector is influenced by industry characteristics [1] - The extension of the payment period has led to an increase in accounts receivable [1] - The company follows strict accounting standards and regulations, applying a cautious approach to provisions for bad debts and inventory write-downs [1]

证券日报网讯12月9日，振华科技（000733）在互动平台回答投资者提问时表示，公司积极拓展商业航 天、低空经济、民用航空及新能源汽车等战略性新兴领域市场，蓝箭航天是公司的客户。公司主营产品 广泛应用于航空、航天、电子、兵器、船舶及核工业等重要领域，并已成为该应用领域的重要支撑力 量。未来，公司将持续关注相关行业发展机会和技术应用场景，加大研发投入，不断提升核心竞争力。 ...

每经AI快讯，12月9日，振华科技（000733）在互动平台表示，公司与长光卫星未签署战略合作协议； 公司控股股东与其签署了战略合作协议，旨在围绕商业卫星系统等方向开展深度合作，共同推动商业卫 星产业链的自主安全与创新发展。 ...

格隆汇12月9日丨振华科技(000733.SZ)在投资者互动平台表示，公司与长光卫星未签署战略合作协议； 公司控股股东与其签署了战略合作协议，旨在围绕商业卫星系统等方向开展深度合作，共同推动商业卫 星产业链的自主安全与创新发展。 ...

Investment Rating - The report maintains an "Overweight" rating for the industry [5]. Core Viewpoints - The commercial aerospace sector is experiencing significant catalytic growth, leading to a substantial increase in industry prosperity [8][17]. - The establishment of a dedicated Commercial Aerospace Administration by the China National Space Administration marks a new phase in the development of commercial aerospace, enhancing stability and transparency in the industry [21]. - The successful launch of the Zhuque-3 reusable rocket signifies a breakthrough in China's commercial liquid rocket capabilities, supporting satellite internet and commercial remote sensing needs [10][21]. Summary by Sections Industry Overview - The industry comprises 142 listed companies with a total market capitalization of 2,915.34 billion yuan and a circulating market value of 2,530.17 billion yuan [2]. Key Developments - The Zhuque-3 rocket's successful launch on December 3, 2025, represents a critical milestone in the commercial aerospace sector, enabling a payload capacity of over 20 tons and reducing launch costs significantly [10][25]. - The 2025 China (Zhengzhou) Military Technology Information and Equipment Expo highlights advancements in military technology and the integration of civilian and military sectors [13][26]. Focus Areas - **Aerospace Equipment**: The Civil Aviation Administration is seeking opinions on emergency medical equipment for large aircraft, indicating a focus on enhancing safety standards [11][23]. - **Military Electronics**: Companies such as Gaode Infrared and Tianjian Technology are highlighted as key players in the military electronics sector [19][22]. - **Nuclear Equipment**: China and France are enhancing cooperation in the peaceful use of nuclear energy, focusing on technology innovation and safety [30][32]. Market Performance - The defense and military industry index rose by 2.82% in the past week, outperforming other major indices [33][38]. - The current PE (TTM) for the defense and military industry is 69.3 times, with aerospace equipment at 73.6 times and space equipment at 317.8 times, indicating high investor interest [39][44].

Core Viewpoint - The company does not produce silicon capacitors and focuses on tantalum and aluminum capacitors, which have specific advantages over silicon capacitors in terms of capacitance, current strength, stability, and environmental adaptability [1] Group 1: Company Products - The company currently does not involve itself in the production of silicon capacitors [1] - The main products of the company are tantalum capacitors and aluminum capacitors [1] Group 2: Technical Advantages - Tantalum and aluminum capacitors have advantages over silicon capacitors in capacitance, current strength, stability, and environmental adaptability [1] Group 3: Self-Sufficiency - The company has fully achieved self-sufficiency in capacitor technology and key raw materials [1]

（编辑 袁冠琳） 证券日报网讯 12月3日，振华科技在互动平台回答投资者提问时表示，目前，公司没有涉及硅电容产 品，公司主要产品为钽电容、铝电容等；与硅电容产品相比，钽电容和铝电容产品在电容量、电流强度 与稳定性以及环境适应性上均有优势。公司在电容技术和关键原材料上均已完全实现自主安全。 ...

Core Viewpoint - The company, Zhenhua Technology, primarily engages in the business of new electronic components and modern services, with a focus on innovative electronic components as its core business [1] Group 1: Business Overview - The core business includes four main categories: basic components, electronic functional materials, mixed integrated circuits, and application development [1] - Detailed product information can be found in the company's "2025 Semi-Annual Report" [1]