Core Viewpoint - Aerospace Rainbow's stock has experienced fluctuations, with a current price of 22.12 CNY per share, reflecting a year-to-date increase of 22.96% but a recent decline over the past 60 days [1][2]. Company Overview - Aerospace Rainbow, established on November 30, 2001, and listed on April 13, 2010, is located in Beijing and Taizhou, specializing in unmanned aerial vehicles (UAVs) and related products, as well as manufacturing capacitors, solar cell back materials, optical films, and lithium-ion battery separators [2]. - The company's main revenue sources include UAVs and related products (37.59%), back materials and insulation materials (23.85%), optical films (20.64%), technical services (15.02%), and others (2.91%) [2]. Financial Performance - For the period from January to September 2025, Aerospace Rainbow reported a revenue of 1.523 billion CNY, representing an 18.02% year-on-year growth, while the net profit attributable to shareholders was 6.062 million CNY, a decrease of 1.67% compared to the previous year [2]. - Cumulatively, the company has distributed 464 million CNY in dividends since its A-share listing, with 178 million CNY distributed over the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased to 120,100, with an average of 8,198 circulating shares per person, an increase of 1.63% [2]. - The top ten circulating shareholders include institutions such as Guotai CSI Military Industry ETF and Hong Kong Central Clearing Limited, with notable changes in their holdings [3].

北京市嘉源律师事务所 关于航天彩虹无人机股份有限公司 2025 年第三次临时股东会的法律意见书 西城区复兴门内大街 158 号远洋大厦 4 楼 中国·北京 航天彩虹 · 2025年第三次临时股东会 嘉源 · 法律意见书 ṣ原律师事务所 IA YUAN LAW OFFICES 北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONG KONG·广州 GUANGZHOU·西安 XI'AN 致:航天彩虹无人机股份有限公司 北京市嘉源律师事务所 关于航天彩虹无人机股份有限公司 2025 年第三次临时股东会的法律意见书 嘉源(2025)-04-858 北京市嘉源律师事务所(以下简称"本所")接受航天彩虹无人机股份有限 公司(以下简称"公司")委托,根据《中华人民共和国公司法》(以下简称"《公 司法》")《上市公司股东会规则》(以下简称"《股东会规则》")等现行有效的法 律、行政法规、部门规章、规范性文件(以下简称"法律法规")以及《航天彩 虹无人机股份有限公司章程》(以下简称"《公司章程》")的有关规定,指派本所 律师对公司 2025 年第三次临时股东会(以下简称"本次股东会")进行见证,并 ...

证券代码：002389 证券简称：航天彩虹 公告编号：2025-052 完整，没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1.本次股东会无否决提案的情形。 航天彩虹无人机股份有限公司 2025年第三次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、 2.本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开情况 1.会议召开时间： （1）现场会议召开时间为：2025年11月24日（星期一）下午14:00 开始 （2）网络投票时间为：2025年11月24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24日上午9:15-9:25， 9:30-11:30，下午13:00-15:00；通过深圳证券交易所互联网投票系统进 行投票的具体时间为：2025年11月24日上午9:15至下午15:00。 2.会议召开地点：北京市丰台区云岗西路17号北京浦金凯航国际大酒 店一层会议室 3.会议召开方式：现场表决与网络投票相结合的方式 4.会议表决方式：采取现场书面记名投票和网络投票方式 5.会议召集人：公司董事会 6.会议主持人：公司董事长胡梅晓先生 会议的召集、 ...

Core Viewpoint - The defense and military industry sector is experiencing significant growth and attention due to ongoing global conflicts and geopolitical tensions, with notable performance in related ETFs and stocks [1]. Group 1: Market Performance - The defense and military sector is leading in industry growth and net inflow, outperforming all other sectors [1]. - The popular defense and military ETF (512810) saw an increase of 2.6%, reaching a half-year high with real-time transactions exceeding 55 million yuan [1]. - Key stocks such as China Shipbuilding Defense and China Aerospace Rainbow are maintaining strong performance, with some hitting the daily limit [1]. Group 2: Future Outlook - The defense and military industry is expected to undergo a critical transformation in 2026, driven by the dual forces of the conclusion of the 14th Five-Year Plan and the initiation of the 15th Five-Year Plan [2]. - There is a significant increase in order certainty, with a focus on new combat capabilities and consumable combat abilities [2]. - Military trade is emerging as a second growth curve, opening high-end markets through systematic exports [2]. - The integration of military and civilian sectors is deepening, with advancements in commercial aerospace, low-altitude economy, and controlled nuclear fusion [2]. - Financial quality is improving across the sector, with cash flow and profitability on an upward trajectory, shifting valuation logic from thematic speculation to fundamental pricing [2]. Group 3: Investment Tools - The defense and military ETF (512810) is an efficient tool for investing in core assets of the sector, covering various hot themes such as commercial aerospace, low-altitude economy, and military AI [3].

Core Insights - The defense and military industry sector is experiencing significant strength, leading the market with a net inflow of over 5.2 billion yuan as of November 24 [1] - The popular defense military ETF (512810) has risen over 2%, indicating strong buying interest and potential for further capital inflow [1][2] - The sector's fundamentals are supported by a projected revenue increase of 16.99% year-on-year, with a net profit growth of 14.01% in the third quarter of 2025 [3] Investment Trends - Major stocks in the defense sector, such as China Shipbuilding Defense and China Aerospace Science and Technology, have seen significant price increases, with some hitting new highs [2] - The defense military ETF (512810) is highlighted as an efficient investment tool, covering various themes including commercial aerospace and military AI [5][6] Market Performance - The defense sector's revenue for the third quarter reached 600.375 billion yuan, showing a recovery from previous lows [3] - The ETF has attracted a net subscription of 130 million yuan over the past ten days, reflecting strong investor interest [1]

Core Viewpoint - The A-share military equipment sector experienced a significant rise, with notable gains in several companies, indicating positive market sentiment in this industry [1] Company Performance - Aerospace Huanyu saw an increase of over 9% in its stock price [1] - Longda Co., Ltd. experienced a rise of over 5% [1] - Other companies such as Feilihua, China Shipbuilding Defense, Northern Long Dragon, Hangya Technology, and Aerospace Rainbow also showed upward movement in their stock prices [1]

Core Viewpoint - The collaboration between China Aerospace Science and Technology Corporation's subsidiary, Aerospace Rainbow, and other companies aims to establish a new company focused on the drone industry in Chongqing, leveraging advanced drone technology and capital from various stakeholders [1][2][3]. Group 1: Company Overview - Aerospace Rainbow is a leading player in the domestic drone sector, with its "Rainbow" drones possessing complete independent intellectual property rights and core technologies that have reached an international leading level [2]. - The company has developed a dual business model focusing on new materials and drone research and manufacturing, expanding its product line to include medium and large reconnaissance and strike drones [2]. Group 2: Joint Venture Details - The new joint venture, Chongqing Saihong Technology Co., Ltd., will have a registered capital of 901.41 million yuan, focusing on the research and manufacturing of low-altitude logistics and manned aircraft [1]. - Aerospace Rainbow will contribute tilt-rotor technology to the joint venture, acquiring approximately 43.64% of the equity [1][3]. Group 3: Stakeholder Composition - The major shareholders of Chongqing Saihong include Chongqing Saihang, which will hold 55.46%, and other investors such as Seres, Ganfeng Lithium, and state-owned enterprises from Chongqing [3][4]. - There is potential for future equity adjustments, with Chongqing Douliang possibly acquiring part of Aerospace Rainbow's shares [4]. Group 4: Strategic Importance - The establishment of the joint venture aligns with national strategies for low-altitude economic development, aiming to enhance the application of drone technology in various sectors [2][5]. - The collaboration is expected to facilitate the transformation of technological achievements into market applications, supporting the creation of a world-class special aircraft industry [2].

格隆汇11月21日丨航天彩虹(002389.SZ)公布，公司全资子公司彩虹无人机科技有限公司（简称"彩虹公 司"）以价值人民币39,341.00万元（不含税）的非货币性资产，包括但不限于技术相关的专利权、专利 申请权等（简称"无形资产"）向重庆赛虹出资，认缴重庆赛虹39,341.00万元人民币注册资本，取得标的 公司共计43.6438%的股权（以上为不含税估值，具体出资金额及比例以经有权国资监管部门备案的评 估价值结果为准）。为实现彩虹公司部分科技成果转化收益，后续根据交易安排，彩虹公司将进行股份 转让，并保持持股比例不低于34%，交易对价以股权转让时的评估值为准。标的公司股东重庆赛航智行 技术有限公司（简称"赛航智行"）和重庆都梁城工高新科技集团有限公司（简称"都梁高新集团"）将在 相应的决策程序中一致同意，赛航智行承诺在彩虹公司上述股权转让事项中放弃行使股东优先购买权。 投资标的名称：重庆赛虹技术有限公司（暂定名，以工商核准为准，简称"重庆赛虹"或"标的公司"）。 彩虹公司本次拟出资的无形资产涉及了部分前次募集资金投资项目，共计4,501.89万元，本次交易将间 接导致所涉及的部分募投项目形成的无形资产转 ...

格隆汇11月21日丨航天彩虹(002389.SZ)公布，公司全资子公司彩虹无人机科技有限公司（简称"彩虹公 司"）以价值人民币39,341.00万元（不含税）的非货币性资产，包括但不限于技术相关的专利权、专利 申请权等（简称"无形资产"）向重庆赛虹出资，认缴重庆赛虹39,341.00万元人民币注册资本，取得标的 公司共计43.6438%的股权（以上为不含税估值，具体出资金额及比例以经有权国资监管部门备案的评 估价值结果为准）。为实现彩虹公司部分科技成果转化收益，后续根据交易安排，彩虹公司将进行股份 转让，并保持持股比例不低于34%，交易对价以股权转让时的评估值为准。标的公司股东重庆赛航智行 技术有限公司（简称"赛航智行"）和重庆都梁城工高新科技集团有限公司（简称"都梁高新集团"）将在 相应的决策程序中一致同意，赛航智行承诺在彩虹公司上述股权转让事项中放弃行使股东优先购买权。 投资标的名称：重庆赛虹技术有限公司（暂定名，以工商核准为准，简称"重庆赛虹"或"标的公司"）。 彩虹公司本次拟出资的无形资产涉及了部分前次募集资金投资项目，共计4,501.89万元，本次交易将间 接导致所涉及的部分募投项目形成的无形资产转 ...

Core Viewpoint - The company aims to seize strategic opportunities in the low-altitude economy by forming a joint venture with Saihang Zhixing and Duliang High-tech Group, enhancing its core competitiveness and profitability [1] Investment Details - The company plans to invest in the joint venture by contributing non-monetary assets valued at 393 million RMB (excluding tax) to Chongqing Saihong, acquiring a total of 43.6438% equity in the target company [1] - The registered capital of Chongqing Saihong will be 393 million RMB, with the specific investment amount and equity ratio subject to the assessment results approved by the relevant state-owned asset supervision authorities [1] Future Plans - To realize the benefits from the transformation of some technological achievements, the company will conduct a share transfer while maintaining a shareholding ratio of no less than 34% [1] - The transaction price for the share transfer will be based on the assessed value at the time of the transfer [1]