证券简称：光启技术 证券代码：002625 光启技术股份有限公司 2025年员工持股计划 （草案）摘要 三、 有关本员工持股计划具体的资金来源、出资金额、预计规模和具体实 施方案等属初步结果，能否完成实施，存在不确定性。 四、 若员工认购资金较低，本员工持股计划存在无法成立的风险；若员工 认购份额不足，本员工持股计划存在低于预计规模的风险。 五、 股票价格受公司经营业绩、宏观经济周期、国际/国内政治经济形势及 投资者心理等多种复杂因素影响。因此，股票交易是有一定风险的投资活动，投 资者对此应有充分准备。 二〇二五年十一月 1 声 明 光启技术股份有限公司（以下简称"光启技术"或"公司"）及全体董事保 证本员工持股计划草案及其摘要不存在虚假记载、误导性陈述或重大遗漏，并对 其内容的真实性、准确性、完整性依法承担法律责任。 2 风险提示 一、 公司2025年员工持股计划（草案）（以下简称"本员工持股计划草 案"）须经公司股东会批准后方可实施，本员工持股计划草案能否获得公司股东 会批准，存在不确定性。 二、 公司2025年员工持股计划（以下简称"本员工持股计划"）由公司自 行管理，公司成立员工持股计划管理委员会（以 ...

光启技术股份有限公司 2、公司制定《2025 年员工持股计划（草案）》（以下简称"本次员工持股 计划"）的程序合法、有效。公司本次员工持股计划内容符合《指导意见》《监 管指引第 1 号》等法律法规及规范性文件的规定。 薪酬与考核委员会关于公司 2025 年员工持股计划 相关事项的审核意见 光启技术股份有限公司（以下简称"公司"）于 2025 年 11 月 20 日召开董 事会薪酬与考核委员会 2025 年第四次会议。根据《关于上市公司实施员工持股 计划试点的指导意见》（以下简称"《指导意见》"）、《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》（以下简称"《监管指引 第 1 号》"）等相关法律法规及规范性文件的规定，董事会薪酬与考核委员会经 认真审阅相关会议资料及全体委员充分全面的讨论与分析，现就公司 2025 年员 工持股计划相关事项发表审核意见如下： 1、公司不存在《指导意见》《监管指引第 1 号》等法律法规及规范性文件 规定的禁止实施员工持股计划的情形。 们认为公司实施本次员工持股计划不会损害公司及其全体股东的利益，符合公司 长远发展的需要。 光启技术股份有限公司 薪酬与考核委 ...

光启技术股份有限公司 2025年员工持股计划 二〇二五年十一月 （草案） 证券简称：光启技术 证券代码：002625 风险提示 一、 公司2025年员工持股计划（草案）（以下简称"本员工持股计划草 案"）须经公司股东会批准后方可实施，本员工持股计划草案能否获得公司股东 会批准，存在不确定性。 二、 公司2025年员工持股计划（以下简称"本员工持股计划"）由公司自 行管理，公司成立员工持股计划管理委员会（以下简称"管理委员会"），作为 本员工持股计划的日常管理机构，代表本员工持股计划行使股东权利，公司采取 了适当的风险防范和隔离措施切实维护员工持股计划持有人的合法权益。在本员 工持股计划存续期间，管理委员会可聘请相关专业机构为持股计划日常管理提供 管理、咨询等服务。 三、 有关本员工持股计划具体的资金来源、出资金额、预计规模和具体实 施方案等属初步结果，能否完成实施，存在不确定性。 四、 若员工认购资金较低，本员工持股计划存在无法成立的风险；若员工 认购份额不足，本员工持股计划存在低于预计规模的风险。 五、 股票价格受公司经营业绩、宏观经济周期、国际/国内政治经济形势及 投资者心理等多种复杂因素影响。因此，股票 ...

证券代码：002625 证券简称：光启技术 公告编号：2025-100 光启技术股份有限公司 关于召开 2025 年第五次临时股东会的通知 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。 光启技术股份有限公司（以下简称"公司"）第五届董事会第二十六次会议于2025年 11月25日召开，会议审议通过了《关于召开2025年第五次临时股东会的议案》，决定于2025 年12月12日（星期五）召开公司2025年第五次临时股东会（以下简称"本次股东会"）。现 将本次股东会有关事项公告如下： 一、召开会议的基本情况 1、股东会届次：2025 年第五次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《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》等法 律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2025 年 12 月 12 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 12 ...

格隆汇11月26日丨光启技术(002625.SZ)公布2025年员工持股计划，本员工持股计划的股份来源为公司 回购专用证券账户回购的股份。本员工持股计划拟持有的标的股票数量不超过136万股。本员工持股计 划购买公司回购股份的价格为28.65元/股，本员工持股计划的资金来源为员工合法薪酬、自筹资金以及 法律法规允许的其他方式。公司不以任何方式向持有人提供垫资、担保、借贷等财务资助，亦不存在第 三方为本员工持股计划的参加对象提供奖励、资助、补贴、兜底等安排的情形。 ...

证券代码：002625 证券简称：光启技术 公告编号：2025-099 光启技术股份有限公司 第五届董事会第二十六次会议决议公告 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。 一、董事会会议召开情况 光启技术股份有限公司（以下简称"公司"）第五届董事会第二十六次会议 于 2025 年 11 月 20 日以直接送达、电子邮件等方式发出了会议通知，会议于 2025 年 11 月 25 日以通讯方式召开。会议应出席董事 7 名，实际出席董事 7 名。本次 会议的召集、召开符合《中华人民共和国公司法》（以下简称"《公司法》"） 和《光启技术股份有限公司章程》（以下简称"《公司章程》"）等的相关规定。 会议审议通过了如下决议： 二、董事会会议审议情况 1、以 6 票赞成、0 票反对、0 票弃权的表决结果，审议通过《关于公司<2025 年员工持股计划（草案）>及其摘要的议案》，关联董事金曦先生回避表决 为了建立和完善员工、股东的利益共享机制，进一步改善公司治理水平，提 高职工的凝聚力和公司竞争力，促进公司长期、持续、健康发展，充分调动公司 员工对公司的责任意识，吸引和保 ...

Core Viewpoint - The aviation equipment sector experienced a decline of 1.92% on November 26, with Morningstar Aviation leading the drop, while the overall market showed mixed results with the Shanghai Composite Index down 0.15% and the Shenzhen Component Index up 1.02% [1][2]. Market Performance - The aviation equipment sector's performance was highlighted by individual stock movements, with notable declines in stocks such as Morningstar Aviation, which fell by 11.35% to a closing price of 17.42 [2]. - The sector's trading volume and turnover were significant, with stocks like Guangqi Technology and Feiliwa showing positive movements, while others like ST Lian Shi and Hangfa Power experienced slight declines [1][2]. Capital Flow - The aviation equipment sector saw a net outflow of 999 million yuan from institutional investors, while retail investors contributed a net inflow of 524 million yuan [2][3]. - Specific stocks like Feiliwa and ST Lian Shi had varying capital flows, with Feiliwa experiencing a net outflow from institutional investors of 35.02 million yuan [3].

Group 1 - The major indices mostly rose in early trading on November 26, with the commercial aerospace concept experiencing a peak and subsequent pullback [1] - The Aerospace ETF Tianhong (159241) recorded a trading volume exceeding 49 million yuan, with Guangqi Technology leading the gains among its constituent stocks [1] - As of November 25, the Aerospace ETF Tianhong (159241) has attracted over 140 million yuan in capital since the beginning of November [1] - The ETF tracks the Guozheng Aerospace Index, which covers the aerospace industry chain, with a combined weight of over 68% in aerospace and aviation equipment [1] - The top ten holdings include leading state-owned enterprises such as Aero Engine Corporation of China, AVIC Shenyang Aircraft Corporation, and AVIC Chengfei, providing both stability from core assets and growth potential from smaller market cap companies [1] Group 2 - The 2025 Asia General Aviation Exhibition is set to open on November 27 in Zhuhai, featuring 381 companies from 22 countries and regions [1] - On November 23, various performance teams conducted their first adaptive flight training after transitioning to Zhuhai, with the "Red Star" flight demonstration team showcasing maneuvers such as ultra-low altitude vertical climbs and half-roll landings for the first time to the public [1] - Zhuhai has established a "dual exhibition" pattern with the biennial "China Airshow" and the annual "Asia General Aviation Exhibition," aiming to deepen low-altitude economic applications and stimulate greater potential for the "Sky City" [2] Group 3 - Guotai Junan Securities believes that the Chinese aviation industry is entering a "super cycle" and suggests seizing the opportunity during this counter-cyclical period, emphasizing the long-term logic of the Chinese aviation industry [3]

Group 1 - The core viewpoint of the news is that the commercial aerospace sector is entering a new era driven by specific policy implementations and industrial growth, with significant investment opportunities anticipated in the medium to long term [1][2]. Group 2 - As of November 26, 2025, the Zhongzheng General Aviation Theme Index (931855) shows mixed performance among its constituent stocks, with Leike Defense (002413) leading with a 9.99% increase, followed by Guangqi Technology (002625) at 2.27%, and Zongheng Co. (688070) at 1.70%, while Chenxi Aviation (300581) is the biggest loser [1]. - The General Aviation ETF Fund (561660) is currently priced at 0.99 yuan [1]. - On November 25, the National Space Administration issued the "Action Plan for Promoting High-Quality and Safe Development of Commercial Aerospace (2025-2027)," which aims to achieve high-quality development in the commercial aerospace sector by 2027, introducing 21 key initiatives [1]. - Key initiatives include accelerating the legislation of national aerospace laws and establishing a national commercial aerospace development fund [1]. - The 14th Five-Year Plan emphasizes the goal of becoming a "strong aerospace nation," leading to clearer development plans for the aerospace industry and the expectation of more substantial policy implementations [1]. - The demand for satellite networking is surging due to the scarcity of low-orbit satellite frequency resources, with steady progress in related technological innovations, accelerating the industrialization process of domestic commercial aerospace [1].

- The report predicts adjustments to the sample stocks of the CSI 300, CSI 500, and CSI Dividend indices for December 2025 based on their respective index compilation and periodic adjustment rules[13][14][21] - **CSI 300 Index**: The CSI 300 Index is composed of 300 securities with large scale, good liquidity, and high representativeness from the Shanghai and Shenzhen markets. The selection process involves determining the sample space and then selecting the top 300 securities based on daily average trading volume and market capitalization over the past year. Adjustments are capped at 10% of the total sample size, with buffer zone rules applied to prioritize retention of existing samples and inclusion of new ones ranked within specific thresholds[14][15][16] - **CSI 500 Index**: The CSI 500 Index excludes the CSI 300 samples and the top 300 securities by market capitalization. The remaining securities are ranked by daily average trading volume and market capitalization, with the top 500 selected. Adjustments are also limited to 10% of the total sample size, with buffer zone rules ensuring the retention of old samples and prioritization of new ones ranked within specific thresholds[21][23] - **CSI Dividend Index**: This index selects 100 securities with high cash dividend yields, stable dividends, and sufficient liquidity. The selection process involves ranking securities by their average cash dividend yield over the past three years and applying liquidity and dividend payout ratio requirements. Adjustments are limited to 20% of the total sample size, with buffer zone rules applied to retain existing samples meeting specific criteria[25][26][28] - Predicted adjustments include the addition of 11 stocks to the CSI 300 Index, 50 stocks to the CSI 500 Index, and 7 stocks to the CSI Dividend Index. Examples of predicted additions include Huadian New Energy, Shenghong Technology, and Guangqi Technology for the CSI 300 Index; Electric Power Investment Energy, Supor, and Shenergy for the CSI 500 Index; and China National Offshore Oil Corporation, Sophia, and Baoxibird for the CSI Dividend Index[18][22][28]