Company Overview - Guangqi Technology Co., Ltd. is located in Nanshan District, Shenzhen, Guangdong Province, and was established on July 18, 2001. The company was listed on November 3, 2011. Its main business involves the research, production, and sales of next-generation metamaterials and advanced equipment [1]. - The company's revenue composition includes 99.23% from metamaterial products, 0.34% from other sources, 0.25% from metamaterial research, and 0.18% from supplementary sources [1]. Financial Performance - As of September 30, 2025, Guangqi Technology achieved an operating income of 1.596 billion yuan, representing a year-on-year growth of 25.76%. The net profit attributable to shareholders was 606 million yuan, with a year-on-year increase of 12.81% [2]. - The company has distributed a total of 833 million yuan in dividends since its A-share listing, with 501 million yuan distributed over the past three years [3]. Stock Performance - On January 8, Guangqi Technology's stock price increased by 2.02%, reaching 50.62 yuan per share, with a trading volume of 940 million yuan and a turnover rate of 0.87%. The total market capitalization is approximately 109.065 billion yuan [1]. - Year-to-date, the stock price has risen by 3.81%, with a 2.32% increase over the last five trading days, a 2.06% increase over the last 20 days, and a 3.84% increase over the last 60 days [1]. Shareholder Information - As of September 30, 2025, the number of shareholders for Guangqi Technology is 122,600, an increase of 1.83% from the previous period. The average number of circulating shares per person is 17,579, a decrease of 1.79% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 48.9176 million shares, an increase of 5.5686 million shares from the previous period. Shenwan Hongyuan Securities Co., Ltd. is the sixth largest, holding 21.4873 million shares, a decrease of 152,700 shares [3].

Important Matters - Pritchard has achieved a significant breakthrough in LCP film technology, being the only company in China to do so, and is collaborating with overseas clients for applications in brain-computer interfaces [1] - Zhongtian Rocket's small guided rocket products primarily serve military trade, with product gross margins fluctuating between 35% and 40% [1] - CIMC's subsidiary is providing liquid oxygen storage tanks and other equipment in the commercial aerospace sector, with expected revenue and orders exceeding 100 million yuan by 2025 [1] - Gaode Infrared is supplying infrared detector cores for commercial aerospace and satellite applications [1] - Zhongfu Shenying's M55J-grade carbon fiber is undergoing application verification in satellite structural components [1] Investment and Operations - Dazhong Mining plans to invest 3.688 billion yuan in a 20 million tons per year lithium mining and selection project [1] - Zhongkuang Resources has commenced trial production for a high-purity lithium salt project with an annual output of 30,000 tons [1] - Cuiwei Co., Ltd. has indirectly invested 150 million yuan in Super Fusion through its subsidiary fund [1] - Huagong Technology has launched a self-developed silicon photonic chip for 1.6T optical modules [1] - Gaomei Co., Ltd. has formed small batch orders for composite tungsten wire tendon ropes [1] - Xinlitai's innovative drug SAL0145 injection has had its clinical trial application accepted [1] - Hengrui Medicine's innovative drug Rilaforpu α injection has been approved for market launch, with no similar products approved domestically or internationally [1] - Yifan Pharmaceutical's wholly-owned subsidiary has received a registration acceptance notice for Yihuang Decoction granules, with no similar products from the same prescription available domestically [1] Partnerships and Collaborations - Taisheng Wind Power has formed strategic partnerships with multiple arrow manufacturers [2] - Guangqi Technology's subsidiary has signed batch production contracts totaling 264 million yuan for metamaterials with four clients [2] - Lingyi Intelligent Manufacturing has reached a strategic cooperation agreement with Qiangnao Technology [2] Performance - Zhongke Lanyun expects a net profit increase of 367%-377% year-on-year in 2025, driven by significant fair value changes from investments in Moer Thread and Muxi Co., Ltd. [2] - Kangchen Pharmaceutical anticipates a net profit increase of 243%-315% year-on-year in 2025 [2] - Chuanjinno expects a net profit increase of 144%-173% year-on-year in 2025 [2] - Beifang Navigation forecasts a net profit increase of 86.32%-137.14% year-on-year in 2025 [2]

Key Points - Nanjing Panda has no mature products related to brain-machine interfaces and has not generated related sales revenue [1] - North Navigation has no relevant business in the commercial aerospace sector and has not obtained related orders [1] - Haitong Development plans to invest no more than 900 million yuan to build three 62,000 DWT multi-purpose heavy-lift vessels [1] - Guangqi Technology has signed a mass production contract for metamaterials [1] - Wolong New Energy intends to sell 100% equity of Duchang Long Energy for 197 million yuan to Zhejiang Longbai [1] - Shibao Detection has completed a share buyback of 1.0023% of its shares [1] - Hengshang Energy's shareholders plan to reduce their holdings by no more than 2.8384% [1] - Anpei Long plans to raise no more than 544 million yuan through a private placement [1] - Fujia Co., Ltd. intends to issue convertible bonds to raise no more than 700 million yuan [1][2] Investment Projects - Sichuan Changhong's subsidiary plans to invest in a television production process project in Mexico [1] - Haitong Development's subsidiary plans to invest no more than 900 million yuan to build three 62,000 DWT multi-purpose heavy-lift vessels [1] Share Transfers - Wolong New Energy plans to sell 100% equity of Duchang Long Energy for 197 million yuan to Zhejiang Longbai [1] - Haohan Deep intends to acquire 34% equity of Yunbianyun for 83.3 million yuan to gain control [1] Share Buybacks - Shibao Detection has completed a share buyback of 1.0023% of its shares [1] - Jian Sheng Group has completed a share buyback of 3.01% of its shares [1] Shareholding Changes - Inboer’s chairman plans to reduce holdings by no more than 2% [2] - Fangyuan's shareholder plans to reduce holdings by no more than 2.93% [2] - Maiwei's controlling shareholders plan to reduce holdings by no more than 1.94% [2] - Hengshang Energy's shareholders plan to reduce their holdings by no more than 2.8384% [1]

Group 1 - North Navigation announced that it has no relevant business in the commercial aerospace sector and has not obtained any related orders [1][2] - Su Mei Da plans to acquire 16.92% of Blue Science and Technology shares for a total price of 403 million yuan [6] - Shenling Environment intends to invest 50 million yuan in an industrial investment fund focusing on data centers, hard technology, AI, and renewable energy [3] Group 2 - Zhaoming Technology's subsidiary received allocation of 66,900 shares from Zhiyu, amounting to 7.7738 million Hong Kong dollars [4] - Anke Intelligent Electric won a contract worth approximately 75.79 million yuan for an EPC project with a Pakistani power company [10] - The company Huizhong shares renewed a strategic cooperation agreement with Anfu Li to enhance global market sales and joint product development [11] Group 3 - The company Wanglong New Energy plans to sell 100% of its subsidiary Dujianglong Energy for 197 million yuan [11] - Xiangyang Bearing announced a free transfer of state-owned shares, which will not significantly impact its operations [12] - The company Sanhua Intelligent Control announced a cash dividend of 1.20 yuan per 10 shares for its A-share holders [13] Group 4 - The company Zhiwei Technology expects a net profit decrease of 50% to 60% for 2025, primarily due to market changes in the liquor industry [18] - The company Dongrui shares reported a 43.07% increase in pig sales revenue for 2025 [19] - The company Lihua shares reported a total sales revenue of 14.26 billion yuan from meat chickens in 2025 [20] Group 5 - The company Jiyou shares expects a net profit loss for 2025 due to market demand issues [21] - The company Zhongke Blue News anticipates a net profit increase of 366.51% to 376.51% for 2025, driven by investments in certain companies [22] - The company Chuanjinno expects a net profit increase of 144.24% to 172.64% for 2025 due to market demand and production optimization [23]

Core Viewpoint - The company, Guangqi Technology, has recently signed substantial contracts for the mass production of metamaterials, indicating strong demand and growth potential in this sector [1] Group 1: Contract Details - Guangqi Technology's wholly-owned subsidiary, Shenzhen Guangqi Advanced Technology Co., Ltd., has signed a mass production contract for metamaterials worth a total of 21,486.67 million yuan with one client [1] - Additionally, the subsidiary has entered into contracts with three other clients, totaling 4,958.49 million yuan for metamaterials [1] - The cumulative total of contracts signed with four clients amounts to 26,445.16 million yuan for metamaterials [1]

Core Viewpoint - The company has signed significant contracts for the production of metamaterials, indicating strong demand and potential revenue growth in this sector [1] Group 1: Contract Details - The company’s wholly-owned subsidiary, Shenzhen Guoke Advanced Technology Co., Ltd. (referred to as "Guoke Advanced"), has entered into a mass production contract for metamaterials worth a total of 215 million yuan with one client [1] - Additionally, Guoke Advanced has signed contracts totaling 49.5849 million yuan with three other clients for the production of metamaterials [1] - In total, Guoke Advanced has recently secured contracts amounting to 264 million yuan with four clients for metamaterial products [1]

Core Viewpoint - The company, Guangqi Technology, has recently signed contracts for the mass production of metamaterials, totaling 264 million yuan with four clients [1] Group 1: Contract Details - Guangqi Technology's wholly-owned subsidiary, Shenzhen Guangqi Advanced Technology Co., Ltd., signed a contract worth 215 million yuan for metamaterials with one client [1] - Additionally, three other contracts were signed with a total value of 49.5849 million yuan for metamaterials [1] - The cumulative contracts for metamaterials with four clients amount to 264 million yuan [1]

Core Viewpoint - The company, Guangqi Technology, has recently signed significant contracts for the mass production of metamaterials, indicating strong demand and growth potential in this sector [1] Group 1: Contract Details - Guangqi Technology's wholly-owned subsidiary, Guangqi Advanced, has signed a mass production contract for metamaterials worth a total of 215 million yuan with one client [1] - Additionally, Guangqi Advanced has entered into contracts totaling 49.5849 million yuan with three other clients for the same product category [1] - In total, Guangqi Advanced has secured contracts amounting to 264 million yuan for metamaterials with four clients, with expected delivery by December 31, 2026 [1]

根据上述合同内容，光启尖端将向某客户交付金额为 21,486.67 万元的超材 料航空结构产品，将向另三家客户交付金额为 4,958.49 万元的超材料航空结构产 品。光启尖端合计将向四家客户交付金额为 26,445.16 万元的超材料航空结构产 品，相关产品预计将于 2026 年 12 月 31 日之前完成交付。 证券代码：002625 证券简称：光启技术 公告编号：2026-003 光启技术股份有限公司 关于签订超材料产品批产合同的 自愿性信息披露公告 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。 光启技术股份有限公司（以下简称"公司"）于近日收到全资子公司深圳光 启尖端技术有限责任公司（以下简称"光启尖端"）的通知，光启尖端与某客户 签订了合计 21,486.67 万元的超材料产品批产合同，与另三家客户签订了合计 4,958.49 万元的超材料产品批产合同。光启尖端近期累计与四家客户签订了合计 26,445.16 万元的超材料产品批产合同。 一、交易概述 依赖。 五、风险提示 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 ...

Core Viewpoint - The company, Guangqi Technology, is making significant advancements in the electromagnetic detection field and has established the largest scale of large-scale compression chambers/multi-probe microwave darkroom clusters in the country, focusing on commercial aerospace satellite antenna core supplier collaborations [1] Group 1: Business Developments - The company has achieved breakthroughs in the commercial aerospace satellite sector, assisting a core supplier in extensive research and validation testing, leading to successful deployment and usage of core products in a specific satellite model [1] - The establishment of the largest thermal pressure chamber group in the country is noted, which is crucial for the manufacturing of composite/metal structural components in the commercial aerospace field [1] - The company is currently collaborating with a certain unit on the manufacturing of aerospace structural components, indicating a strong focus on expanding its business operations [1] Group 2: Industry Focus - The company's business scope now encompasses aviation, navigation, and aerospace sectors, showcasing its diversified approach [1] - There is an active deployment of new business initiatives, reflecting the company's commitment to innovation and growth in various high-tech fields [1]