Core Viewpoint - Aerospace Science and Technology Corporation (航天科技) has shown a significant stock price increase of 9.98% as of August 6, 2025, closing at 16.09 yuan, indicating positive market sentiment despite mixed financial performance [1] Financial Performance - The company's total revenue for Q1 2025 was 1.653 billion yuan, reflecting a year-on-year growth of 0.38% [1] - Net profit attributable to shareholders was 3.6467 million yuan, a decrease of 148.75% year-on-year [1] - The company's non-recurring net profit was 5.6905 million yuan, down 189.75% compared to the previous year [1] - Key financial ratios include a current ratio of 1.632, quick ratio of 1.046, and a debt-to-asset ratio of 48.89% [1] Market Activity - The stock had a turnover rate of 18.23% with a trading volume of 1.455 million hands and a transaction amount of 2.263 billion yuan [1] - Main capital inflow for the day was 76.5878 million yuan, accounting for 3.38% of the transaction amount [1] - Large orders saw a net inflow of 158 million yuan, while large and medium orders experienced net outflows of 81.1699 million yuan and 101.7973 million yuan respectively [1] Company Background - Aerospace Science and Technology Corporation was established in 1999 and is based in Harbin, focusing on research and experimental development [2] - The company has a registered capital of 7.98201406 billion yuan and a paid-in capital of 332.68971 million yuan [1][2] - The company has made investments in 13 enterprises and participated in 577 bidding projects, holding 6 trademarks and 505 patents [2]

（编辑 任世碧） 证券日报网讯 8月6日晚间，航天科技发布公告称，公司股票于2025年8月4日、2025年8月5日、2025年8 月6日连续三个交易日收盘价格涨幅偏离值累计达到20%，属于股票异常波动情况。经核实，截至本公 告披露日，公司前期披露的信息不存在需要更正、补充之处；截至本公告披露日，公司未发现近期公共 传媒报道了可能或已经对公司股票交易价格产生较大影响的未公开重大信息；截至本公告披露日，近期 公司经营情况正常，内外部经营环境不存在发生或预计将要发生重大变化的情形。 ...

Group 1 - The company's stock experienced abnormal fluctuations, with a cumulative price increase of 20% over three consecutive trading days from August 4 to August 6, 2025 [1] - The board of directors confirmed that there are no undisclosed significant matters that could impact the stock price, and the operating environment is stable without expected major changes [2][1] - The company reported a projected net profit for the first half of 2025 ranging from 68 million to 95 million yuan, with a net loss (excluding non-recurring gains and losses) estimated between 35 million and 17.5 million yuan [2]

Core Viewpoint - Aerospace Science and Technology announced that its stock price experienced an abnormal fluctuation, with a cumulative increase of 20% over three consecutive trading days from August 4 to August 6, 2025 [1] Summary by Relevant Sections - **Stock Price Movement** - The company's stock price rose significantly, leading to a notification of abnormal stock price fluctuation [1] - **Company's Operational Status** - The company confirmed that there are no necessary corrections or supplements to previously disclosed information, and its recent operational conditions remain normal [1] - **External Environment** - There have been no significant changes in the internal and external operating environment of the company [1] - **Insider Trading** - The company, its controlling shareholders, and actual controllers did not engage in any trading of the company's stock during the period of stock price fluctuation [1]

一、股票交易异常波动的情况介绍 航天科技控股集团股份有限公司（以下简称"公司"）股票（证 券简称：航天科技，证券代码：000901）于 2025 年 8 月 4 日、2025 年 8 月 5 日、2025 年 8 月 6 日连续三个交易日收盘价格涨幅偏离值 累计达到 20%，根据《深圳证券交易所交易规则》，属于股票异常波 动情况。 二、公司关注并核实情况的说明 证券代码：000901 证券简称：航天科技 公告编号：2025-临-034 航天科技控股集团股份有限公司 股票交易异常波动公告 本公司及公司全体董事会成员保证公告内容的真实、准确和完整，不 存在虚假记载、误导性陈述或者重大遗漏。 本公司董事会确认，本公司目前没有任何根据深圳证券交易所 《股票上市规则》等有关规定应予以披露而未披露的事项或与该事项 有关的筹划、商谈、意向、协议等；董事会也未获悉本公司有根据深 圳证券交易所《股票上市规则》等有关规定应予以披露而未披露的、 对公司股票及其衍生品种交易价格产生较大影响的信息；公司前期披 露的信息不存在需要更正、补充之处。 针对公司股票异常波动，公司董事会通过向控股股东中国航天科 工飞航技术研究院、实际控制人中国 ...

Core Viewpoint - The company announced that its stock price experienced an abnormal fluctuation, with a cumulative increase of 20% over three consecutive trading days from August 4 to August 6, 2025 [1] Summary by Relevant Sections - Stock Price Movement - The company's stock closed with a price increase of 20% over three consecutive trading days [1] - Company Disclosure - The company confirmed that there is no need to correct or supplement previously disclosed information [1] - No undisclosed significant information that could affect the stock price has been found recently [1] - Operational Status - The company's operational situation remains normal, with no significant changes in the internal or external environment [1] - The controlling shareholder and actual controller do not have any undisclosed significant matters [1]

航天科技今日涨停，全天换手率18.23%，成交额22.63亿元，振幅7.91%。龙虎榜数据显示，机构净卖出 2435.20万元，深股通净卖出1143.31万元，营业部席位合计净买入7255.26万元。 深交所公开信息显示，当日该股因日涨幅偏离值达9.26%上榜，机构专用席位净卖出2435.20万元，深股 通净卖出1143.31万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交5.40亿元，其中，买入成交额为2.89亿 元，卖出成交额为2.52亿元，合计净买入3676.75万元。 融资融券数据显示，该股最新（8月5日）两融余额为5.43亿元，其中，融资余额为5.41亿元，融券余额 为186.53万元。近5日融资余额合计增加698.51万元，增幅为1.31%，融券余额合计增加47.54万元，增幅 34.20%。（数据宝） 航天科技8月6日交易公开信息 | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | --- | --- | --- | | 卖 | | 元） | 元） | | 买一 | 深股通专用 | 10562.20 | 11705.51 | | 买二 | 国泰海 ...

Core Viewpoint - The military industry sector is experiencing a significant uptrend, with companies like Aerospace Science and Technology, Dongxin Peace, Hunan Tianyan, and Great Wall Aerospace reaching their daily price limits, indicating strong market interest and potential growth in the sector [1] Group 1: Military Industry Performance - The military sector's fundamentals are accelerating, with expectations for various catalysts, particularly order announcements, to continue to materialize in the first half of 2025 [1] - The successful launch of the Long March 12 rocket from Hainan's commercial spaceport marks a significant milestone, demonstrating the high-frequency launch capability of China's first commercial spaceport [1][2] Group 2: Commercial Aerospace Development - The commercial aerospace sector is poised for rapid development, particularly in low-altitude economy and commercial space, supported by policies, technology, and capital [2] - The satellite internet industry ecosystem is gradually taking shape, with the GW constellation having completed seven groups of satellites in orbit and the Qianfan constellation achieving five launches, resulting in a total of 90 satellites in orbit [1]

Core Viewpoint - The defense and military industry sector is experiencing sustained high interest, driven by geopolitical events and military parades, leading to significant stock price increases and historical highs for several companies [1] Group 1: Market Performance - The military sector has shown strong performance, with companies like Changcheng Military and Beifang Changlong hitting historical highs, and other firms like Kesi Technology and Aileda also seeing substantial gains [1] - Historical data indicates that military indices generally outperform the CSI 300 during military parade events, except for the poor performance in 2018 [1] Group 2: Structural Opportunities - The military sector is currently in a "triple benefit" phase, characterized by policy support from accelerated state-owned enterprise restructuring, steady growth in military spending providing order support, and an upcoming new development cycle as the "14th Five-Year Plan" concludes [1] - The improvement in military stock performance is not merely driven by short-term sentiment but is increasingly supported by fundamental factors and policy initiatives [1] Group 3: Earnings Expectations - Core military companies are expected to see significant earnings improvements, with Aerospace Science and Technology's profits soaring by 1628% to 2.315 billion and Gaode Infrared's net profit increasing by 734% to 957 million in the first half of the year [2] - Anticipated catalysts, particularly order announcements, are expected to continue delivering positive results into 2025 [2] Group 4: Global Military Trade - The global military trade market is projected to grow, with a 19.37% year-on-year increase in the global military trade index in 2022, indicating a rapid development phase for military trade [2] Group 5: Long-term Growth Potential - The defense budget is steadily increasing, with significant room for growth compared to some developed countries, and the military industry is expected to see substantial improvements as demand recovers and capacity structures optimize [3] - The long-term goals set for 2035 and 2050 provide clear guidance for industry development, with a focus on new domains such as large aircraft, low-altitude economy, commercial aerospace, drones, and robotic dogs [3]

Group 1: Communication Equipment - Dongxin Peace has a net buying amount of 207 million, indicating significant institutional interest with a turnover rate of 20.87% and a transaction volume of 1.8 billion [3] - The breakthrough in large-scale array technology by ZTE Corporation has secured its position in the 6G standard, contributing to a 1.75% increase in the communication equipment index [3] - Dongxin Peace, as a leader in smart cards, is deeply integrated with operators' 5G-A construction, with expectations of at least doubling its performance upon the commercial rollout of 6G [3] Group 2: Medical Services - Innovation Medical has a net buying amount of 200 million, with a 10% increase and a 25% turnover rate, indicating a robust exchange of shares [3] - The approval of the second-class certification for the Bolein brain-machine upper limb exoskeleton rehabilitation device is set to tap into the billion-dollar home rehabilitation market [3] - With over 380 million people aged 60 and above in China, the demand for rehabilitation services is expected to grow by 15% annually, positioning the company for long-term benefits despite a previous loss of 34.29 million [3] Group 3: Automation Equipment - Aerospace Science and Technology has seen foreign capital increase by 52.74 million, driven by two main factors: a recovery in orders and foreign exchange gains [3] - The company is projected to turn a profit of 12.27 million in 2024 after a loss of 14.6 million in 2023, indicating a clear turnaround strategy [3] - The push for smart vehicles by policy support is expected to enhance the company's valuation recovery [5] Group 4: Foreign Capital Adjustment - Zhongyida has attracted 49.68 million from the Shanghai Stock Connect, focusing on phosphate chemical production for new energy battery materials, showcasing a strong technical barrier [4] - Aerospace Science and Technology's foreign capital increase reflects a strategic focus on leading technologies in the automotive sector, with 76% of its revenue coming from overseas [4] - The national equipment update fund of 10 billion is now in place, with over 30% penetration in intelligent transformation [4]