Core Viewpoint - The company, Haige Communication, announced that shareholder Yang Haizhou plans to reduce his stake by up to 3.5 million shares, representing 0.14% of the total share capital, for personal financial planning reasons [1] Summary by Relevant Sections - **Shareholder Reduction Plan** - Yang Haizhou intends to reduce his holdings through centralized bidding transactions within three months after a 15 trading day period from the announcement date [1] - The reduction will be based on market prices at the time of the sale [1]

Core Viewpoint - Shareholder Yang Haizhou plans to reduce holdings by up to 3.5 million shares, representing 0.14% of the company's total share capital after excluding the repurchase account, within three months starting from 15 trading days after the announcement [1] Summary by Relevant Sections - Shareholder Information - Yang Haizhou holds 31.4251 million shares in the company [1] - Reduction Plan - The planned reduction is through centralized bidding [1] - The reduction will not exceed 3.5 million shares [1] - Source of Shares - The shares to be reduced are from those acquired before the company's initial public offering and those obtained through capital reserve conversion [1] - Pricing Mechanism - The reduction price will be determined based on market prices [1]

证券代码：002465 证券简称：海格通信 公告编号：2025-048 号 广州海格通信集团股份有限公司 关于股东股份减持计划的预披露公告 （一）减持计划的具体安排 1. 拟减持原因：个人资金规划。 2. 减持股份来源：公司首次公开发行股票前持有的股份以及因资本公积转增 股本方式取得的股份。 股东杨海洲先生保证向本公司提供的信息内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示：持有广州海格通信集团股份有限公司（以下简称"公司"或"本 公司"）股份 31,425,075 股（约占剔除回购专用账户股份后公司总股本的 1.28%） 的股东杨海洲先生计划在本公告披露之日起 15 个交易日后的 3 个月内以集中竞价 交易方式减持本公司股份不超过 3,500,000 股（约占剔除回购专用账户股份后公 司总股本的 0.14%）。 公司于近日收到公司股东杨海洲先生出具的《股份减持计划告知函》，现将相 关情况公告如下： 一、股东的基本情况 （一）股东姓名：杨海洲先生。 （二）截至本公告披露日，杨海洲先生持有公司股份 31,425,075 ...

Core Viewpoint - The company is actively engaging in the intelligent and unmanned industry revolution, focusing on areas such as intelligent perception, decision-making, information sharing, and situational presentation [1] Group 1: Strategic Focus - The company is building an artificial intelligence technology foundation and strategically positioning itself in the fields of unmanned systems and humanoid robots [1] - Key products include aerial unmanned platforms (drones), ground unmanned platforms (unmanned vehicles, robots), bionic platforms, intelligent interactive terminals, and core components [1] Group 2: Market Engagement - The company is concentrating on users' artificial intelligence application scenarios and core needs, while closely monitoring the development of relevant industry technologies [1] - The company aims to continuously provide professional solutions to users [1]

| 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 短剧游戏 | 2.61 | 硅能源 | -1.73 | | 赛马概念 | 2.40 | 石墨电极 | -1.51 | | 足球概念 | 2.25 | 有机硅概念 | -1.27 | | 云游戏 | 2.10 | PEEK材料 | -1.25 | | AI PC | 1.95 | 钠离子电池 | -1.11 | | 网络游戏 | 1.93 | 草甘膦 | -1.11 | | 冰雪产业 | 1.88 | 芬太尼 | -1.11 | | Sora概念(文生视频) | 1.80 | 两轮车 | -1.07 | | 手机游戏 | 1.76 | 超导概念 | -1.03 | | 6G概念 | 1.73 | 氟化工概念 | -1.02 | 资金面上看，今日6G概念板块获主力资金净流入51.84亿元，其中，46股获主力资金净流入，12股主力 资金净流入超亿元，净流入资金居首的是中国联通，今日主力资金净流入15.35亿元，净流入资金居前 的还有海格通信、景旺电子、三维通信等，主力资金分别净流入7.28亿元 ...

Market Performance - The military electronics sector increased by 0.9% compared to the previous trading day, with Xinguang Optoelectronics leading the gains [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Stock Highlights - Xinguang Optoelectronics (688011) closed at 40.88, with a significant increase of 13.71% and a trading volume of 67,600 shares, amounting to a transaction value of 262 million yuan [1] - Haige Communication (002465) rose by 7.39% to close at 13.80, with a trading volume of 2.4033 million shares and a transaction value of 333.2 million yuan [1] - Other notable performers include Qiyi (603712) with a 4.96% increase, Huali Chuantong (300045) up by 4.06%, and Gaoling Information (688175) rising by 2.50% [1] Fund Flow Analysis - The military electronics sector saw a net inflow of 545 million yuan from institutional investors, while retail investors experienced a net outflow of 90.57 million yuan [2] - The overall trend indicates a mixed sentiment among different investor types, with institutional investors showing confidence in the sector [2]

Core Viewpoint - Haige Communication reached the daily limit increase, while China Unicom rose nearly 7%, with companies such as Chuangyuan Xinke, Sanwei Communication, Wantong Development, and Zhenlei Technology also experiencing gains [1] Company Summary - Haige Communication hit the daily limit increase, indicating strong market interest and potential investor confidence [1] - China Unicom's stock increased by nearly 7%, suggesting positive market sentiment and possibly favorable operational developments [1] - Other companies like Chuangyuan Xinke, Sanwei Communication, Wantong Development, and Zhenlei Technology followed suit with upward movements in their stock prices, reflecting a broader trend in the telecommunications sector [1] Industry Summary - The telecommunications sector is showing signs of growth, as evidenced by the stock performance of multiple companies within the industry [1] - The collective rise in stock prices among these companies may indicate a positive outlook for the telecommunications market, potentially driven by recent developments or investor optimism [1]

Group 1 - The defense and military industry sector is experiencing a rebound, with stocks like Philihua and Haige Communication rising over 8%, and several others increasing by more than 3% [1] - The defense military ETF (512810) showed signs of stabilization, with a peak increase of over 1% during trading and a transaction volume exceeding 48 million yuan [1] Group 2 - Positive developments in the defense and military sector include China Mobile applying for satellite mobile communication business licenses, which will support the legal foundation for direct satellite mobile services [3] - In the large aircraft sector, Cambodia's national airline signed a memorandum of understanding with COMAC to purchase 20 C909 aircraft, with 10 confirmed orders and 10 intended orders [3] Group 3 - Analysts from Shenwan Hongyuan expect the adjustment of funds in the defense and military sector to be nearing its end, recommending increased attention to this sector [4] - Guojin Securities emphasizes that the defense and military sector is essential for a major country's rise and is a typical long-term core asset, with 2025 being a critical year for achieving planned goals and new growth points [4] - The defense military ETF (512810) covers various hot topics, including commercial aerospace, low-altitude economy, large aircraft, deep-sea technology, military AI, and controllable nuclear fusion, serving as an efficient tool for investing in core assets of the defense and military sector [4]

Core Insights - The China Securities Index for the Guangdong-Hong Kong-Macao Greater Bay Area (931000) has shown a strong increase of 1.10% as of September 10, 2025, with notable gains in constituent stocks such as Shenghong Technology (300476) up by 13.24% and Industrial Fulian (601138) up by 10.00% [1] Performance Summary - The Greater Bay Area ETF (512970) has risen by 0.92%, with a latest price of 1.43 yuan, and has accumulated a 9.48% increase over the past month as of September 9, 2025 [1] - Over the past year, the Greater Bay Area ETF has seen a net value increase of 47.70%, with the highest single-month return recorded at 21.99% and the longest consecutive monthly gain lasting 4 months with a total increase of 26.18% [1] - The average monthly return during the rising months is 5.38%, and the ETF has outperformed its benchmark with an annualized excess return of 8.81% over the last three months [1] Liquidity and Trading Activity - The trading volume for the Greater Bay Area ETF was 3.68 million yuan with a turnover rate of 0.04% as of September 9, 2025, and the average daily trading volume over the past month was 748,200 yuan [1] Risk and Fee Structure - The Greater Bay Area ETF has a management fee rate of 0.15% and a custody fee rate of 0.05% [2] Tracking Accuracy - The tracking error for the Greater Bay Area ETF was 0.029% over the past month, indicating a close alignment with the underlying index [3] Top Holdings - As of August 29, 2025, the top ten weighted stocks in the index include China Ping An (601318), BYD (002594), and China Merchants Bank (600036), collectively accounting for 49.06% of the index [4]

Group 1 - The A500ETF by Jiashi has a trading turnover of 4.09% and a transaction volume of 4.65 billion yuan as of September 9 [3] - The A500ETF has a total scale of 112.56 billion yuan and a one-year average daily transaction of 22.96 billion yuan [3] - The net value of A500ETF has increased by 15.14% over the past six months, with the highest monthly return since inception being 11.71% [3] Group 2 - The market is experiencing dual-direction fluctuations, indicating a need for further consolidation, with some hot sectors showing a "siphon effect" [4] - The major broad-based indices are not fully recovering, with the ChiNext index still under technical pressure [4] - The top ten weighted stocks in the CSI A500 index account for 19.11%, with key stocks including Kweichow Moutai and Ningde Times [4][6] Group 3 - Investors are advised to adjust their portfolios by increasing financial stocks and reducing technology stocks, focusing on brokers, banks, real estate, and state-owned infrastructure [4] - For investors without stock accounts, the A500ETF Jiashi linked fund (022454) offers a way to invest in the top 500 A-shares [6]