证券代码：002231 证券简称：*ST 奥维 公告编号：2025-087 奥维通信股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 奥维通信股份有限公司（以下简称"公司"）于 2025 年 11 月 18 日召开公 司 2025 年第三次临时股东大会，选举产生了公司第七届董事会董事 5 名。 同日，公司召开第七届董事会第一次会议，审议通过了《关于选举公司第七 届董事会董事长的议案》《关于选举公司第七届董事会各专门委员会委员的议案》 《关于聘任公司高级管理人员的议案》《关于聘任公司证券事务代表的议案》《关 于聘任公司内审内控部负责人的议案》等议案。现将相关情况公告如下： 一、第七届董事会组成情况 根据《公司章程》的规定，公司第七届董事会董事共 7 名，非独立董事 4 名， 独立董事 3 名。2025 年 11 月 18 日，公司召开了 2025 年第三次临时股东大会选 举产生了非独立董事 3 名，独立董事 2 名。其中非独立董事为杜方先生、李晔女 士、孙一女士；独立董事为孙芃女士、毕建忠先生。 公司第七届董事会第一次会议审议通过了《关于选举公司第七 ...

证券代码：002231 证券简称：*ST 奥维 公告编号：2025-085 奥维通信股份有限公司 2025 年第三次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1．本次股东大会议案1.00《关于修订<公司章程>暨取消监事会的议案》被 否决。 2．本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1．会议召开时间： 现场会议召开时间：2025年11月18日（星期二）下午14:30 网络投票时间：2025年11月18日，其中：通过深圳证券交易所交易系统进 行网络投票的具体时间为：2025年11月18日9:15-9:25，9:30-11:30，13:00-15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为：2025年11月18日9:15 至15:00期间的任意时间。 2．现场会议召开地点：沈阳市浑南新区高歌路6号公司五楼会议室 3．会议召开方式：现场投票和网络投票相结合的方式 4．会议召集人：公司董事会 5．现场会议主持人：董事长杜方先生 本次股东大会的召集、召开符合《中华 ...

Core Viewpoint - The company disclosed its cumulative litigation and arbitration matters, indicating a total amount involved of 37.82 million yuan, with specific details on a financial loan dispute with Jiangsu Bank [2][5]. Group 1: Litigation and Arbitration Overview - As of the announcement date, the company and its subsidiaries have reported new litigation and arbitration matters totaling 37.82 million yuan [2]. - The financial loan dispute with Jiangsu Bank involves an amount of 20.73 million yuan, of which the company has repaid 13.20 million yuan as per the guarantee agreement [2][8]. - After excluding the repaid amount, the remaining litigation and arbitration matters total 24.62 million yuan [2]. Group 2: Additional Litigation Matters - Besides the listed cases, the company and its subsidiaries have added 25 other litigation and arbitration cases during the period, with a total amount of 1.72 million yuan, all being below 1 million yuan each [7]. Group 3: Impact on Financials - The impact of the ongoing litigation and arbitration on the company's current and future profits remains uncertain, and the company will adhere to accounting standards for appropriate financial reporting [5].

证券代码：002231 证券简称：*ST 奥维 公告编号：2025-084 奥维通信股份有限公司 关于累计诉讼、仲裁案件情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、累计诉讼、仲裁事项的基本情况 2025 年 8 月 5 日，公司披露了《关于累计诉讼、仲裁案件情况的公告》（公 告编号：2025-053）。截至本公告披露日，在此期间公司及控股子公司新增诉讼、 仲裁事项的涉案金额共计 3,782.16 万元。 其中，江苏银行股份有限公司无锡分行（以下简称"江苏银行"）起诉东和 欣新材料产业（无锡）有限公司（以下简称"无锡东和欣"）金融借款合同纠纷 案件涉案金额 2,073.33 万元，公司已按照出具的《最高额连带责任保证书》于 2025 年 10 月 9 日向江苏银行偿还 1,320 万元，具体内容详见《关于公司为控股 子公司提供担保的进展公告》（公告编号：2025-061）及《关于公司为控股子公 司提供担保的进展公告》（公告编号：2025-069）。剔除江苏银行起诉无锡东和 欣金融借款合同纠纷案件公司已偿还的 1,320 万元后，诉讼、仲裁事项 ...

Core Viewpoint - The company, Aowei Communication Co., Ltd., is facing significant financial difficulties, with negative net profits and a risk of delisting due to non-compliance with Shenzhen Stock Exchange regulations [2][10]. Group 1: Financial Performance - For the first nine months of 2025, the company reported a revenue of 34,002,503.53 yuan, with a net profit attributable to shareholders of -187,637,220.10 yuan and a net profit of -167,982,935.33 yuan after excluding non-recurring gains and losses [2][10]. - The company received an audit report from Rongcheng Accounting Firm stating that it could not express an opinion on the financial report for 2024 due to negative net profits and revenue below 300 million yuan [2]. Group 2: Stock Trading and Risk Warning - The company's stock experienced abnormal trading fluctuations, with a cumulative price deviation exceeding 12% over three consecutive trading days from October 31 to November 4, 2025 [3]. - Starting from April 29, 2025, the company will be subject to delisting risk warnings due to its financial performance [2]. Group 3: Disclosure and Compliance - The company confirmed that there are no undisclosed significant matters that could impact its stock price, and all previously disclosed information remains accurate [4][8]. - The board of directors emphasized the importance of adhering to disclosure obligations and maintaining transparency in communications with investors [9].

Core Points - The Shanghai Composite Index closed at 3960.19 points with a decline of 0.41% on November 4, while the Shenzhen Component Index and the ChiNext Index fell by 1.71% and 1.96% respectively [1] - A total of 1949 stocks saw an increase in average transaction volume, with 47 stocks experiencing a rise of over 50% [1] - Notable stocks with significant increases in transaction volume include Moen Electric, Luopus Gold, and Hanjian Heshan, among others [1] Transaction Volume Highlights - Moen Electric (002451) had a daily increase of 10.03% with an average transaction volume of 3517 shares, showing a remarkable increase of 421.04% [1] - Luopus Gold (002333) also increased by 10.02% with an average transaction volume of 2971 shares, reflecting a 235.83% rise [1] - Hanjian Heshan (603616) rose by 10.09% with an average transaction volume of 2786 shares, marking a 228.39% increase [1] Transaction Count Highlights - ST Fuhua (600624) recorded a transaction count increase of 2336.18% with 22218 transactions, despite a slight decline of 0.32% in stock price [2] - *ST Aowei (002231) saw a 1367.99% increase in transaction count with 8896 transactions, while its stock price rose by 0.88% [2] - ST Xinhua Jin (600735) had a transaction count increase of 1362.33% with 34862 transactions, with a minor price increase of 0.13% [2] Stocks with Significant Increases in Both Volume and Count - Bofei Electric (001255) had a daily increase of 10.01%, with an average transaction volume of 908 shares (194.55% increase) and a transaction count of 5309 (55.46% increase) [3] - *ST Baoying (002047) increased by 4.95%, with an average transaction volume of 9153 shares (182.43% increase) and a transaction count of 661 (196.41% increase) [4] - Zhongmin Energy (002047) rose by 9.96%, with an average transaction volume of 2935 shares (141.43% increase) and a transaction count of 26089 (118.24% increase) [4]

New Stock Issuance - Multiple new stock issuances are scheduled for November 4, 2025, across various companies, including ST Zhongdi (000609) and Pingtan Development (000592) which reported significant abnormal fluctuations[1] - Jiangbolong (301308) and Xiangnong Xinchuan (300475) are among the companies with recent announcements prior to November 4, 2025[1] Abnormal Fluctuations - Pingtan Development (000592) reported severe abnormal fluctuations on November 4, 2025, indicating potential volatility in its stock performance[1] - Other companies such as ST Panda (600599) and ST Huapeng (603021) also reported abnormal fluctuations on the same date, suggesting a trend of instability in the market[1] Market Trends - The report highlights a growing trend of companies experiencing abnormal stock price movements, which may indicate increased market volatility and investor caution[1] - The presence of multiple companies with abnormal fluctuations could signal a broader market trend that investors should monitor closely[1]

证券代码：002231 证券简称：*ST 奥维 公告编号：2025-083 奥维通信股份有限公司 股票交易异常波动暨风险提示的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 1、奥维通信股份有限公司（以下简称"公司"）2024 年度经审计净利润、扣 除非经常性损益后的净利润均为负值且扣除后营业收入低于 3 亿元；容诚会计 师事务所（特殊普通合伙）对公司 2024 年度财务报告出具了无法表示意见的审 计报告。公司触及《深圳证券交易所股票上市规则》9.3.1 条（一）及（三）的 规定，自 2025 年 4 月 29 日起被实施退市风险警示。 2、公司于 2025 年 10 月 31 日披露了《2025 年第三季度报告》，公司 2025 年 1-9 月份实现营业收入 34,002,503.53 元，归属于上市公司股东的净利润 -187,637,220.10 元，归属于上市公司股东的扣除非经常性损益的净利润 -167,982,935.33 元。如公司 2025 年度存在《深圳证券交易所股票上市规则》第 9.3.12 条规定的情形，公司股票将被终止上市，敬请广大投 ...

Investment Rating - The report suggests an "Overweight" rating for the defense and military industry, indicating a positive outlook for the sector based on the upcoming growth cycle and government policies [5][26]. Core Insights - The defense and military industry is entering an upward cycle as per the "14th Five-Year Plan" recommendations, with expectations of performance recovery in Q4 2025 [5]. - The report highlights that the overall performance of the military industry is gradually improving, with a narrowing decline in net profit year-on-year for the first three quarters of 2025, and anticipates a return to positive growth in Q4 [5]. - The global military trade demand is expected to increase due to geopolitical uncertainties, creating a strong resonance between supply and demand in China's military trade [5]. - Key investment opportunities are identified in high-end combat capabilities and new types of combat power, with specific companies recommended for investment [5]. Market Review - Last week, the Shenwan Defense and Military Index decreased by 0.07%, while the overall market indices showed mixed results, with the Shanghai Composite Index rising by 0.11% [6]. - The military industry sector ranked 22nd among 31 Shenwan primary industries in terms of performance [6]. - The report notes that the average increase in the civil-military integration index was 1.93%, indicating a positive trend in this segment [6]. Valuation Changes - The current PE-TTM for the Shenwan military sector is 85.71, placing it in the upper range historically, with significant differentiation among sub-sectors [14][19]. - The aerospace and aviation equipment sectors are noted to be at relatively high valuation levels since 2020 [14][18]. Key Valuation Targets - The report provides a detailed valuation table for key companies in the defense and military sector, highlighting projected net profits and PE ratios for the upcoming years [20][22].

Investment Rating - The report maintains an "Overweight" rating for the defense and military industry, indicating a positive outlook for the sector compared to the overall market performance [3][5][26]. Core Insights - The defense industry is entering an upward cycle as indicated by the "14th Five-Year Plan" and recent quarterly reports showing a narrowing decline in performance, with expectations for positive growth in Q4 [5][6]. - The report highlights a significant recovery in quarterly earnings, with a projected return to year-on-year growth in Q4, driven by the realization of orders related to the "14th Five-Year Plan" and increased military trade [5][6]. - Global geopolitical uncertainties are expected to boost military trade demand, creating a strong resonance between supply and demand in China's military trade market [5][6]. - The report suggests increasing focus on flexible and thematic investment opportunities within the military sector, particularly in next-generation equipment and unmanned systems [5][6]. Market Review - Last week, the Shenwan Defense and Military Index decreased by 0.07%, while the overall market showed mixed performance with the Shanghai Composite Index rising by 0.11% [3][6]. - The report notes that the defense sector's performance ranked 22nd among 31 primary industries, with a notable average increase of 1.93% in the civilian-military integration index [3][6]. - Top-performing stocks in the defense sector included Donghua Testing (16.03%), Jianglong Shipbuilding (13.57%), and Gaode Infrared (11.76%) [3][6][13]. Valuation Changes - The current PE-TTM for the Shenwan Defense sector is 85.71, indicating it is at a historically high valuation level, with significant differentiation among sub-sectors [14][19]. - The report provides a detailed valuation table for key defense industry stocks, highlighting projected net profits and PE ratios for the coming years [20][22].