Core Viewpoint - The essence of metamaterials is the ability to achieve super-performance in macroscopic material structures through microscopic design and manufacturing, highlighting the importance of tailored production for different applications [1] Group 1: Metamaterials Industry - The core of metamaterials industrialization is not about how a specific metamaterial can be applied, but rather how the company can edit and produce metamaterials suitable for various industries [1] - The "editability" of metamaterials determines that their industrialization is a reverse design process, starting from first principles to identify the problems that need to be solved [1] - The design of corresponding metamaterials and the development of manufacturing processes and specialized equipment should begin with a clear understanding of the end goals [1]

每经AI快讯，光启技术（SZ 002625，收盘价：47.96元）9月8日晚间发布公告称，公司于近日收到公司 控股股东西藏映邦实业发展有限公司（以下简称"西藏映邦"）的通知，获悉其所持有公司的部分股份解 除质押，本次解除质押约3367万股。截至本公告日，西藏映邦累计质押股数约为6.01亿股，合计占其所 持股份比例为92.92%。 每经头条（nbdtoutiao）——"中国真正实现了弯道超车"！从美国回来14年，陈智胜亲历中国创新药大 爆发：以前跨国药企不太信任中国数据，但现在不同了 （记者 王晓波） 2025年1至6月份，光启技术的营业收入构成为：超材料行业占比99.48%，其他占比0.52%。 截至发稿，光启技术市值为1033亿元。 ...

证券代码：002625 证券简称：光启技术 公告编号：2025-072 光启技术股份有限公司 关于控股股东部分股份解除质押的公告 | 股东名称 | 是否为控股股东 | 本次解除质 | 占其所持股 | 占公司 | | 解除日 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 或第一大股东及 | 押股份数量 | 份比例 | 总股本 | 起始日 | 期 | 质权人 | | | 其一致行动人 | （股） | | 比例 | | | | | 西藏映邦 | 是 | 33,665,435 | 5.21% | 1.56% | 2017年2 | 2025年9 | 中信信托有限责任 | | | | | | | 月20日 | 月5日 | 公司 | 二、股东股份累计被质押的情况 股东名称 持股数量 （股） 持股比例 累计被质押数量 （股） 合计占其所持股份 比例 合计占公司总股 本比例 已质押股份情况 未质押股份情况 已质押股份限 售和冻结、标 记合计数量 （股） 占已质押 股份比例 未质押股 份限售和 冻结合计 数量（股） 占未质 押股份 比例 西藏映邦 646,37 ...

中国基金报记者 赵新亮 9月5日，国内超材料龙头光启技术（002625.SZ）发布公告称，与某客户签订了合计10.17亿元的超材料 产品批产合同，与另四家客户签订了合计2.6亿元的超材料产品批产合同，近期累计与五家客户签订了 合计12.78亿元的超材料产品批产合同。相关产品将于2026年6月30日之前完成交付。这一重大订单的签 订标志着光启技术正迎来研制成果向批产转化的关键阶段，预计今明两年将进入批产订单的密集交付 期，为未来业绩增长提供了有力支撑。 2024年，光启技术在优先保障研制任务投入的背景下，全年实现超材料批产收入12.69亿元，同比增长 1.78%；同期研制收入达2.82亿元，同比暴增911.24%，充分验证了"高研发投入为批产奠定基础，批产 反哺研发"的战略逻辑。 战略引领与行业风口：超材料成为高端装备核心支撑 当前，全球高端装备正朝着智能化、轻薄化、多功能化方向快速演进。作为支撑这一变革的核心技术之 一，超材料凭借其超越自然材料极限的优异性能，正成为推动航空航天、先进装备等领域革新的重要引 擎。 我国深入实施"装备一代、研发一代、预研一代"的国防科技发展战略，以5-10年为周期，聚焦未来战略 ...

经营业绩方面，2025年上半年，公司实现营业收入9.43亿元，同比增长10.70%；归母净利润3.86亿元， 同比增长6.75%。公司在财报中提示的重大事项说明显示，上半年，光启技术与某客户签订了合计7.14 亿元的超材料产品批产合同，与另一家客户签订了合计6603.71万元的超材料产品批产合同。（记者 曹 晨） 不过，公司亦提示风险称，本次签订的合同在履行过程中可能存在一定的违约风险，受不可预计因素等 影响，合同可能存在无法全部履行或终止履行的风险，敬请投资者注意投资风险。 据光启技术2025年上半年财报，光启技术的主营业务为超材料复杂功能结构件的研发、生产及销售。报 告期内，公司持续为我国尖端装备的研制与批产提供电磁调制、航电系统、承载结构一体化的系统级解 决方案。 公司的超材料复杂功能结构已应用于我国多型空中、海洋、远程制导装备。公司自研的某型固定翼超材 料低空无人机顺利开展试飞工作。公司已获得国家CNAS扩项资质认定，在超材料全产业链检测基础 上，可向电子产品、新能源汽车等民用行业提供检测服务。 9月5日晚间，光启技术（002625）公告，公司近日收到全资子公司深圳光启尖端技术有限责任公司（简 称"光 ...

Group 1: Company Overview and Strategic Positioning - The company is a leader in the metamaterials industry, focusing on the development and industrialization of advanced materials for aerospace applications [2][4]. - The establishment of the Luoyang base in October 2015 aims to accelerate the transformation of scientific research into practical applications, leveraging a "one institute, one enterprise" model [6]. - The Luoyang base has received multiple recognitions, including being designated as a major new-type research and development institution in Henan Province [7]. Group 2: Research and Development Achievements - The Luoyang team has filed 372 patent applications, with 126 granted, including 82 invention patents, accounting for 65.1% of total patents [8]. - The team is currently composed of 180 members, including 53 R&D personnel, with 6 holding PhDs and 16 holding master's degrees [8]. - The base has achieved 35 provincial-level recognitions for new technologies and has received 2 provincial science and technology progress awards [8]. Group 3: Production and Technological Advancements - The company has developed a core materials product system comprising 158 products, including 36 functional prepregs and 74 functional core materials, which exhibit significant competitive advantages in performance and cost [9]. - The incubation period for the 2.0 mass production technology was approximately 10 months, enhancing production efficiency by over 30% across 160 process improvements [9]. - The company aims to achieve flexible capacity expansion while controlling capital expenditures through process upgrades and optimization [9]. Group 4: Future Growth and Market Strategy - Future growth is expected from increased penetration of advanced equipment, with a significant leap in the value contribution of products within the equipment system [10]. - The company is expanding the application scenarios of metamaterial technology, aiming to build a second growth curve [10]. - A total of 1.278 billion yuan in orders has been announced, with expectations for timely delivery as production capacity expands [10].

Core Viewpoint - The company, Guangqi Technology, is experiencing significant growth in its orders and production capacity for metamaterials, with a total of 12.78 billion yuan in contracts signed recently, indicating a robust demand in the aerospace sector [1][2][3]. Group 1: Order and Production Growth - Guangqi Technology's subsidiary, Guangqi Advanced Technology, has signed contracts totaling 12.78 billion yuan for the mass production of metamaterial products, with deliveries expected by June 30, 2026 [2]. - The company has secured a total of 20.58 billion yuan in metamaterial contracts in 2025, reflecting a strong order intake [2]. - The mass production revenue from metamaterials reached 9.36 billion yuan in the first half of 2025, marking a 47.35% year-on-year increase and accounting for 99.23% of total revenue [3][5]. Group 2: Capacity Expansion and Financial Performance - To meet growing order demands, Guangqi Technology is implementing a nationwide strategic plan, launching large-scale production expansion starting in the second half of 2024 [3]. - The company has established three major production bases in strategic regions, enhancing its production capacity and delivery capabilities [3]. - In the first half of 2025, the company reported a revenue of 9.43 billion yuan, a 10.7% increase year-on-year, and a net profit of 3.86 billion yuan, up 6.75% [5][6]. Group 3: Research and Development - Guangqi Technology has maintained high levels of investment in research and development, resulting in the successful mass production of its fourth-generation metamaterials [6]. - The company has filed 27 new patent applications and received 30 patents, leading in patent reserves in the metamaterials field globally [6]. - The company has achieved continuous revenue and net profit growth for six and a half years, with revenue increasing from 3.8 billion yuan in 2017 to 15.58 billion yuan in 2024 [4][6].

Suspension and Resumption of Trading - Sunflower plans to acquire controlling stake in Xipu Materials and 40% stake in Beid Pharmaceutical, resulting in stock suspension [1] - Kuangda Technology's controlling shareholder intends to transfer 28% of shares, with Zhuzhou State-owned Assets Supervision and Administration Commission becoming the actual controller, leading to stock resumption [1] Mergers and Acquisitions - Silin Jie intends to issue shares and pay cash to acquire 71% of Keke Electronics [2] Share Buybacks, Increases, and Equity Transfers - Guizhou Moutai receives a commitment from Agricultural Bank to support stock buyback with a loan not exceeding RMB 2.7 billion [3] - BGI Genomics' shareholder plans to transfer 2.64% of the company's shares [3] Investment Cooperation and Operational Status - Guangqi Technology's subsidiary has signed mass production contracts for metamaterials worth a total of RMB 1.278 billion with five clients [4] - Dongfang Electric's pre-plated nickel material orders are around 2,000 tons monthly, primarily supplying an international battery company, with significant procurement increases expected by 2026 [4] - Lianchuang Optoelectronics plans to jointly invest with related and unrelated parties to establish a commercial aerospace operation company in Ziyang [5] - Aerospace Hongtu signed a strategic cooperation agreement for an internet satellite project with Pakistan worth RMB 2.9 billion [6] - Tianji shares are gaining market attention for solid-state battery concepts, with its subsidiary obtaining patents for lithium sulfide materials and their applications [6] - Mingzhi Electric has sent samples to over a hundred leading domestic and international robot manufacturers [6] - Jidian shares received RMB 919 million in subsidy funds in August, with a total of RMB 1.271 billion received from January to August 2025, a 154.2% increase year-on-year [6] - *ST Songfa's subsidiary, Hengli Shipbuilding, signed contracts for two 30.6 million-ton ultra-large crude oil tankers [7] - Robotek plans to issue H-shares and list on the Hong Kong Stock Exchange [8] - China State Construction plans to acquire equity in a Shanghai real estate project for approximately RMB 15.478 billion [9]

Core Viewpoint - Guangqi Technology has signed significant contracts for the mass production of metamaterials, indicating a transition from research to production, which is expected to impact the company's performance in 2023 and 2026 [1][2]. Group 1: Contract Details - Guangqi Technology signed a total of 1.017 billion yuan contracts for metamaterial products with one client and an additional 260 million yuan with four other clients, totaling 1.278 billion yuan in recent contracts [1]. - The products from these contracts are expected to be delivered by June 30, 2026, marking a critical phase in the company's transition to mass production [1]. Group 2: Financial Performance - In the first half of 2023, the revenue from metamaterial products reached 936 million yuan, reflecting a year-on-year growth of 47.35% [2]. - The company has accumulated a total of 2.058 billion yuan in mass production contracts this year [1]. Group 3: Production Capacity Expansion - Guangqi Technology is facing tight production capacity and plans to initiate a large-scale expansion plan in the second half of 2024 to meet future mass production demands [2]. - The second phase of the Shunde 709 base is set to commence production in October 2024, while the first phase of the Zhuzhou base has completed equipment testing and is expected to begin large-scale production in mid to late October [2]. - The Tianjin base is also under construction, with plans to start production by late November [2].

Core Viewpoint - The company Guangqi Technology has signed contracts totaling 12.78 billion yuan for the mass production of metamaterials, marking a significant transition from research to production [1][2]. Group 1: Contract and Financial Performance - Guangqi Technology signed a contract worth 10.17 billion yuan with one client and an additional 2.6 billion yuan with four other clients, bringing the total to 12.78 billion yuan in recent contracts [1]. - The company has secured a total of 20.58 billion yuan in mass production contracts for the year [1]. - In the first half of 2025, Guangqi Technology reported a revenue of 9.43 billion yuan, a year-on-year increase of 10.70%, and a net profit of 3.86 billion yuan, up 6.75% [1]. Group 2: Production Capacity and Expansion Plans - To meet the anticipated surge in mass production demand, Guangqi Technology will initiate a large-scale expansion plan starting in the second half of 2024 [2]. - The production volume for the first half of the year reached 4.99 billion yuan, representing a 1.5 times increase compared to the same period last year [2]. - The company’s 709 base phase II has already contributed to performance since mid-May, while the 905 base in Zhuzhou is expected to begin large-scale production in mid to late October, and the 906 base in Tianjin is planned to start production in late November [2].