Core Viewpoint - Chinese leasing companies have a limited share of leasing business in Russia, but they are benefiting from rising rental prices in other markets due to aircraft supply constraints as the global aviation market recovers [1][6]. Group 1: Company Specifics - Shanhe Intelligent (002097) received $29 million in insurance compensation for three aircraft leased to Russian clients, which could not be recovered since the geopolitical conflict began in February 2022. The net amount after deductions was approximately $22.97 million [2]. - AVMAX, a wholly-owned subsidiary of Shanhe Intelligent, had previously fully recognized impairment losses on the three aircraft, making the insurance compensation a non-recurring gain that significantly impacts the company's net profit [2][3]. - Another company, Rifa Precision (002520), reported that its subsidiary Airwork has six B757-200 cargo aircraft leased to a Russian client, with only one aircraft recovered so far, leading to an impairment loss of approximately 741 million yuan [3][5]. Group 2: Industry Insights - The majority of aircraft operated by Russian passenger and cargo airlines are leased, with a significant portion coming from overseas leasing companies, including several with Chinese backgrounds [5][6]. - Chinese leasing companies, such as Bank of China Leasing and Bohai Leasing, have fully recognized impairment losses on their aircraft stranded in Russia, with Bank of China Leasing reporting 17 aircraft and an impairment of $804 million [6]. - The rental prices for narrow-body aircraft have increased by 20%-30% compared to 2019, with expectations of continued growth in rental prices for twin-aisle aircraft due to ongoing production delays from manufacturers [7][8].

证券代码：002520 证券简称：日发精机 编号：2025-059 浙江日发精密机械股份有限公司 关于选举职工代表董事的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 浙江日发精密机械股份有限公司（以下简称"公司"）第八届董事会任期届 满，根据《公司法》《深圳证券交易所股票上市规则》《深圳证券交易所上市公司 自律监管指引第 1 号——主板上市公司规范运作》等相关法律法规、规范性文件 及《公司章程》的有关规定，公司于 2025 年 8 月 12 日在公司会议室召开职工代 表大会，经与会职工代表投票表决，同意选举杨宇超先生为公司第九届董事会职 工代表董事，将与公司 2025 年第二次临时股东大会选举产生的六名董事共同组 成公司第九届董事会，任期与股东大会选举产生的六名董事任期一致。杨宇超先 生简历附后。 特此公告。 浙江日发精密机械股份有限公司董事会 2025 年 8 月 12 日 附件：杨宇超先生简历 杨宇超先生：中国国籍，无境外居留权，生于 1972 年 6 月，本科学历，高级 经济师；现任浙江日发尼谱顿机床有限公司总经理；曾任浙江日发精密机械股份 有限公司 ...

证券代码：002520 证券简称：日发精机 编号：2025-060 特别提示： 1、本次股东会未出现否决提案的情形； 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、股东大会届次：2025 年第二次临时股东大会 2、会议召集人：浙江日发精密机械股份有限公司第八届董事会 3、会议召开的日期、时间： 浙江日发精密机械股份有限公司 2025 年第二次临时股东大会决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误 导性陈述或者重大遗漏。 现场会议时间：2025 年 8 月 12 日 15:00 网络投票时间：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 8 月 12 日 9:15—9:25、9:30-11:30 和 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 8 月 12 日 9:15-15:00 期间的任 意时间。 4、会议的召开方式：本次股东大会采取现场投票与网络投票相结合的方式。 5、股权登记日：2025 年 8 月 5 日 6、会议主持人：董事长吴捷先生 7、现场会 ...

日发精机 2025 年第二次临时股东大会法律意见书 国浩律师（杭州）事务所 国浩律师（杭州）事务所 关于浙江日发精密机械股份有限公司 2025 年第二次临时股东大会之 法 律 意 见 书 在本法律意见书中，本所律师根据《股东会规则》的要求，仅就本次股东大 会的召集、召开程序是否合法及是否符合《公司章程》、出席会议人员资格和会 议召集人资格的合法有效性、会议表决程序和表决结果的合法有效性发表意见， 而不对本次股东大会所审议的议案内容和该等议案中所表述的事实或数据的真 实性和准确性发表意见。 本所律师仅根据本法律意见书出具日前发生或存在的事实及有关的法律、行 政法规、规范性文件及《公司章程》的规定发表法律意见。本法律意见书仅供本 次股东大会之目的而使用，不得用于其他任何目的或用途。本所同意，贵公司可 以将本法律意见书作为贵公司本次股东大会公告材料，随其他需公告的信息一起 向公众披露，并依法对本所在其中发表的法律意见承担法律责任。 1 日发精机 2025 年第二次临时股东大会法律意见书 国浩律师（杭州）事务所 一、本次股东大会的召集与召开 （一）会议通知及公告 致：浙江日发精密机械股份有限公司（"贵公司"） 国浩律 ...

证券代码：002520 证券简称：日发精机 编号：2025-061 浙江日发精密机械股份有限公司（以下简称"公司"）于 2025 年 8 月 12 日 召开公司 2025 年第二次临时股东大会、2025 年第一次职工代表大会，顺利换届 选举产生了公司第九届董事会成员。为保证公司新一届董事会工作正常进行，公 司全体董事一致同意豁免本次董事会的通知期限，会议通知于现场发出。公司于 当日下午在公司会议室以现场结合通讯表决的方式召开了第九届董事会第一次 会议。 经全体董事推举，本次会议由公司董事吴捷先生主持，本次会议应到董事 7 人，实到 7 人，公司高级管理人员列席了本次会议。本次会议的召集、召开以及 参与表决董事人数符合《公司法》和《公司章程》的规定，会议合法有效。经与 会董事审议，并以记名投票的方式逐项表决以下议案： 一、审议通过《关于选举公司第九届董事会董事长的议案》 公司董事会同意选举吴捷先生为公司第九届董事会董事长，任期三年，自本 次董事会通过之日起至第九届董事会任期届满之日止。 表决情况：同意 7 票，反对 0 票，弃权 0 票； 表决结果：通过。 二、审议通过《关于选举公司第九届董事会各专门委员会成员 ...

Core Viewpoint - The article discusses the insurance compensation received by Shanhai Intelligent (山河智能) for aircraft that were stranded in Russia due to geopolitical conflicts, highlighting the financial impact and the company's operational challenges in the aviation leasing sector [2][5]. Group 1: Insurance Compensation - Shanhai Intelligent's subsidiary AVMAX has reached an agreement with the insurance provider for a compensation amount of $29 million, with a net amount of $22.97 million received after deducting legal fees [5]. - The compensation, converted at the exchange rate on August 8, amounts to approximately 164 million RMB, significantly impacting the company's net profit by 126 million RMB, which represents 172.92% of the previous year's net profit attributable to shareholders [5]. Group 2: Aircraft Leasing Contracts - AVMAX had signed three aircraft leasing contracts with Russian clients, with the aircraft being unable to be recalled since the geopolitical conflict began in February 2022 [2][4]. - The aircraft involved include DHC-8-300 and DHC-8-200 models, with lease terms ranging from 96 months to 148 months [4]. Group 3: Market Performance - In the recent trading period, Shanhai Intelligent recorded nine trading halts, with a cumulative increase of 123.19%, leading to a current market capitalization of approximately 19.2 billion RMB [8]. Group 4: Industry Context - Other companies, such as Zhejiang Rifa Precision Machinery Co., Ltd. (日发精机), are also facing similar challenges with aircraft stranded in Russia, indicating a broader issue within the aviation leasing industry due to geopolitical tensions [9][10].

3架租出去的飞机滞留俄罗斯后，山河智能（002097.SZ）终于收到了保险赔偿金。 8月11日，山河智能公告称，公司全资子公司AVMAX曾与俄罗斯客户签订三份飞机租赁合同。自2022年2月地缘政治冲突以来，航空业在制裁范围内。 AVMAX根据相关政策，多次尝试召回上述租赁在俄罗斯的飞机。尽管已持续进行交涉与回收操作，仍无法成功收回涉事飞机。 | 飞机类型 | 序列号 | 承租方 | 合同开始日期 | 合同到期日期 | 租期 | | --- | --- | --- | --- | --- | --- | | DHC-8-300 | 443 | Yakutia Airlines | 2019年7月18日 | 2027年7月17日 | 96个月 | | DHC-8-200 | 459 | Aurora JSC | 2012年3月1日 | 2024年6月30日 | 148个月 | | DHC-8-200 | 457 | Aurora JSC | 2012年3月1日 | 2024年6月30日 | 148个月 | 据公司官网，山河智能在2002年就进入通用航空领域，2016年成功收购加拿大AVMAX公司，业务细分为航空制 ...

Core Viewpoint - The company Shanhai Intelligent has received insurance compensation for three aircraft that were stranded in Russia due to geopolitical conflicts, marking a significant financial event for the company [2][5]. Group 1: Company Overview - Shanhai Intelligent's wholly-owned subsidiary AVMAX had signed three aircraft leasing contracts with Russian clients, which became problematic following the geopolitical conflict that began in February 2022 [2]. - The company entered the general aviation sector in 2002 and acquired Canadian AVMAX in 2016, establishing a comprehensive industry chain that includes aircraft manufacturing, operation, and service [5]. Group 2: Financial Impact - AVMAX has reached an agreement with its insurance provider for a compensation amount of $29 million, with a net amount of approximately $22.97 million received after deducting legal fees [5]. - The insurance compensation, after tax deductions, is expected to positively impact the company's net profit by approximately 126 million yuan, which represents 172.92% of the company's net profit attributable to shareholders from the previous year [5]. Group 3: Market Performance - As of the latest report, Shanhai Intelligent's revenue for the first quarter of 2025 was 1.513 billion yuan, a decrease of 8.96% year-on-year, while the net profit attributable to shareholders increased by 57.31% to 32.46 million yuan [7]. - The company's stock has experienced significant growth, with a cumulative increase of 123.19% over 16 trading days, leading to a market capitalization of approximately 19.2 billion yuan [7]. Group 4: Industry Context - Other companies, such as Zhejiang Rifa Precision Machinery Co., Ltd., are also facing challenges with aircraft stranded in Russia, highlighting a broader issue within the aviation leasing industry due to geopolitical tensions [7][8]. - Rifa's subsidiary Airwork Holdings has initiated legal action against its insurance provider regarding compensation for aircraft that remain in Russia, indicating ongoing disputes in the industry related to insurance claims [7][10].

Core Viewpoint - The company Shanhai Intelligent (002097.SZ) has received insurance compensation of $29 million for three aircraft that were stranded in Russia due to geopolitical conflicts, significantly impacting its financials and operations [1][5]. Group 1: Aircraft Leasing and Insurance Compensation - Shanhai Intelligent's wholly-owned subsidiary AVMAX had signed three aircraft leasing contracts with Russian clients, which became problematic following the geopolitical conflict that began in February 2022 [1][5]. - AVMAX attempted multiple times to recall the aircraft but was unsuccessful, leading to the eventual insurance claim [1][5]. - The insurance compensation received amounts to $29 million, with a net amount of approximately $22.97 million after deducting legal fees, translating to about 164 million RMB [5]. Group 2: Financial Impact - The insurance payout, after tax deductions, is expected to positively impact the company's net profit by approximately 126 million RMB, accounting for 172.92% of the previous year's net profit attributable to shareholders [5]. - The company had previously fully impaired the value of the three aircraft, making this insurance payout a non-recurring gain [5]. Group 3: Market Performance - As of the latest report, Shanhai Intelligent's revenue for the first quarter of 2025 was 1.513 billion RMB, a year-on-year decrease of 8.96%, while the net profit attributable to shareholders increased by 57.31% to 32.46 million RMB [8]. - The stock has seen significant movement, with 9 trading days of limit-up gains over the past 16 days, resulting in a cumulative increase of 123.19%, bringing the market capitalization to approximately 19.2 billion RMB [8]. Group 4: Industry Context - Other companies, such as Zhejiang Rifa Precision Machinery Co., Ltd. (002520.SZ), are also facing similar issues with aircraft stranded in Russia, indicating a broader industry challenge due to geopolitical tensions [10][11]. - Rifa's subsidiary Airwork Holdings Limited has initiated legal action against insurance companies for compensation related to aircraft leasing contracts affected by the same geopolitical issues [10][11].

Group 1 - The stock price of Dayfa Precision Machinery closed at 6.88 yuan on August 11, 2025, down 0.02 yuan or 0.29% from the previous trading day [1] - The company operates in the general equipment manufacturing industry, focusing on the research, production, and sales of high-end CNC machine tools and automation equipment, serving sectors such as aerospace, automotive manufacturing, and rail transportation [1] - A temporary shareholders' meeting is scheduled for August 12, 2025, to review 12 proposals, including the election of the board of directors, executive compensation plans, and amendments to the company’s articles of association [1] Group 2 - On August 11, 2025, there was a net outflow of 26.0681 million yuan in main funds, with a cumulative net outflow of 19.5864 million yuan over the past five trading days [1]