一、独立董事辞职情况 广东通宇通讯股份有限公司（以下简称"公司"）董事会于近日收到公司独 立董事曹瑜强先生提交的书面辞职报告。曹瑜强先生因工作变动申请辞去公司第 六届董事会独立董事、董事会审计委员会召集人职务、董事会薪酬与考核委员会 委员职务，辞职后将不再担任公司任何职务。截至本公告披露日，曹瑜强先生未 持有公司股份，不存在应当履行而未履行的承诺事项。 曹瑜强先生的辞职将导致公司独立董事占董事会成员的比例低于三分之一 且现有独立董事中欠缺会计专业人士，根据《上市公司独立董事管理办法》《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》和《公 司章程》等相关规定，曹瑜强先生的辞职申请将在公司股东会选举产生新任独立 董事后生效。在此之前，曹瑜强先生将继续履行公司独立董事及董事会专门委员 会委员的职责。 证券代码：002792 证券简称：通宇通讯 公告编号：2026-010 广东通宇通讯股份有限公司 关于独立董事辞职及增补独立董事的公告 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。 广东通宇通讯股份有限公司董事会 二〇二六年一月二十二日 附件：独 ...

广东通宇通讯股份有限公司 独立董事候选人声明与承诺 声明人 杨澄 作为广东通宇通讯股份有限公司第六届董事会独立董事候 选人，已充分了解并同意由提名人吴中林提名为广东通宇通讯股份有限公司 （以下简称该公司）第六届董事会独立董事候选人。现公开声明和保证，本人 与该公司之间不存在任何影响本人独立性的关系，且符合相关法律、行政法规、 部门规章、规范性文件和深圳证券交易所业务规则对独立董事候选人任职资格 及独立性的要求，具体声明并承诺如下事项： 一、本人已经通过广东通宇通讯股份有限公司第六届董事会提名委员会或 者独立董事专门会议资格审查，提名人与本人不存在利害关系或者其他可能影 响独立履职情形的密切关系。 √ 是 □ 否 如否，请详细说明：_____________________________ 二、本人不存在《中华人民共和国公司法》第一百四十六条等规定不得担 任公司董事的情形。 √ 是 □ 否 如否，请详细说明：______________________________ 三、本人符合中国证监会《上市公司独立董事管理办法》和深圳证券交易 所业务规则规定的独立董事任职资格和条件。 √ 是 □ 否 如否，请详细说明：_ ...

证券代码：002792 证券简称：通宇通讯 公告编号：2026-011 广东通宇通讯股份有限公司 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：2026 年 02 月 06 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 2026 年 02 月 06 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为 2026 年 02 月 06 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 关于召开 2026 年第二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。 一、召开会议的基本情况 1、股东会届次：2026 年第二次临时股东会 6、会议的股权登记日：2026 年 ...

证券代码：002792 证券简称：通宇通讯 公告编号：2026-009 广东通宇通讯股份有限公司 第六届董事会第二次会议决议公告 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 广东通宇通讯股份有限公司（以下简称"公司"）于 2026 年 1 月 21 日在公 司会议室召开第六届董事会第二次会议。会议通知于 2026 年 1 月 19 日以专人送 达、电话、电子邮件相结合的方式发出，会议采用现场结合通讯表决的方式召开。 会议由董事长吴中林先生主持，应出席董事 9 名，实际出席董事 9 名。本次会 议的召集和召开程序符合《中华人民共和国公司法》《中华人民共和国证券法》 等法律、行政法规、部门规章、规范性文件及《公司章程》的规定。 二、董事会会议审议情况 具体内容详见公司同日刊登于巨潮资讯网（www.cninfo.com.cn）上的《关 于独立董事辞职及增补独立董事的公告》。 本议案已经董事会提名委员会审议通过。 与会董事经认真审议和表决，形成如下决议： （一）审议通过《关于增补独立董事的议案》 表决结果：9 票同意，0 票反对，0 票弃权 ...

Investment Rating - The report maintains an "Outperform" rating for the commercial aerospace industry [1] Core Insights - The aerospace sector is transitioning from being viewed as a "cost center" driven by national will to a "growth engine" driven by commercial demand, with significant investments and strategic planning from both the US and China [6][9] - The global aerospace economy is projected to reach $613 billion in 2024, with commercial aerospace contributing 78%, and is expected to exceed $1 trillion by 2032 [6][9] - The value chain of commercial aerospace is divided into five core levels: "space, ground, terminal, rocket, and application," each presenting unique market opportunities and technical challenges from 2026 to 2030 [10][29] Summary by Sections 1. Space: Satellite Manufacturing - The satellite manufacturing market in China is expected to grow from approximately 7.1 billion yuan in 2025 to about 39.4 billion yuan by 2030, reflecting a shift from sporadic research models to continuous, batch engineering deliveries [16][18] 2. Ground: Ground Systems - The ground systems market is projected to increase from around 1.2 billion yuan in 2025 to approximately 39.1 billion yuan by 2030, evolving from a supporting role to a core infrastructure essential for stable satellite constellation operations [21][22] 3. Terminal: Key Variable for Commercial Aerospace - The terminal market is anticipated to grow from 500 million yuan in 2025 to about 141.9 billion yuan by 2030, driven by multiple vertical industries and potential consumer scenarios [23][24] 4. Rocket: Core Constraint - The cost of rocket launches is a critical constraint, with reusable technology expected to reduce costs by 80%-90% compared to traditional expendable rockets. The market for rocket launch services is projected to grow from approximately 10.7 billion yuan in 2025 to about 34.3 billion yuan by 2030 [25][26] 5. Application: Final Value Realization - The application market is expected to expand from 200 million yuan in 2025 to 525 billion yuan by 2030, with the revenue share from applications projected to rise from single digits to over 67% by around 2030 [27][28] 6. Investment Opportunities - Investment opportunities in commercial aerospace can be categorized into three main tracks: 1. Launch and manufacturing segments, which are expected to benefit directly from increased orders and visibility 2. Core components and systems, characterized by high technical barriers and critical for long-term competitiveness 3. Downstream applications and operational services, which, while currently limited in scale, hold the greatest long-term potential for value realization [29][30]

昨日沪深两市的融资融券余额为27003.83亿元，其中融资余额26830.44亿元，融券余额173.39亿元。两市融资融券余额较前一交易日减少136.8亿元。分市场 来看，沪市两融余额为13644.95亿元，相较前一交易日减少76.94亿元；深市两融余额13358.87亿元，相较前一交易日减少59.87亿元。 两市共有3478只个股有融资资金买入，其中特变电工、中际旭创、新易盛排名前三，买入金额分别29.12亿元、23.59亿元、20.75亿元。融资买入额前10个股 详情见下表： 一、证券市场回顾 南财金融终端数据显示，昨日（1月20日，下同）上证综指日内下跌0.01%，收于4113.65点，最高4128.93点；深证成指日内下跌0.97%，收于14155.63点，最 高14337.12点；创业板指日内下跌1.79%，收于3277.98点，最高3347.94点。 二、融资融券情况 昨日龙虎榜营业部净买入额前10详情见下表： | 证券代码 | 证券简称 | 龙虎榜净买入额(万元) | | --- | --- | --- | | 002716.SZ | 湖南白银 | 12554.74 | | 300242.SZ ...

Market Overview - The three major A-share indices collectively closed lower on January 20, with a total market turnover of approximately 2.8 trillion yuan, and over 2,200 stocks rose, including 63 stocks hitting the daily limit [1] Institutional Ratings - A total of 11 buy ratings were issued by institutions today, covering 9 stocks, with Hunan YN and Keda receiving 2 buy ratings each [2] - Among the stocks with buy ratings, 6 companies provided earnings forecasts for 2025, with Hunan YN expected to see a net profit increase of 114.81% year-on-year, followed by Zhenyu Technology and Keda with expected increases of 106.74% and 59.82% respectively [2] Industry Focus - The power equipment industry was the most favored by institutions, with 4 stocks including Hunan YN and Keda listed [2] - The automotive and food & beverage industries also attracted institutional attention, each having 2 stocks featured [2] Institutional Trading - In the top trading list, 17 stocks had net buying amounts exceeding 10 million yuan, with Hunan Baiyin leading at 80.83 million yuan, followed by Tongyu Communications at 55.55 million yuan [4] - Among the net selling stocks, Sanwei Communication faced the highest net sell of 194 million yuan [4] Northbound Capital - 12 stocks on the northbound trading list saw net buying, with Tongyu Communications leading at 97.57 million yuan, followed by Tiantong Co. and Hunan Baiyin, both exceeding 60 million yuan [6] Company Announcements - ST Saiwei (300044) announced an expected net profit loss of 720 million to 1.02 billion yuan for 2025, influenced by litigation and arbitration judgments [7] - Kangxin New Materials (600076) plans to acquire 51% of Wuxi Yubang Semiconductor Technology for 392 million yuan, marking its expansion into the semiconductor sector [8] - Huadian Technology (601226) signed a procurement contract worth approximately 374 million yuan for a wind-solar hydrogen project [8] - China Merchants Energy (601872) plans to build 4 container ships with a total investment of up to 1.324 billion yuan [9] - Anhui Construction (600502) received project bids totaling 13.76 million yuan for two projects [9]

Group 1 - The stock of Tongyu Communication experienced a limit down, with a turnover rate of 19.42% and a trading volume of 3.158 billion yuan, showing a fluctuation of 13.46% [2] - Institutional investors net bought 55.5551 million yuan, while the Shenzhen Stock Connect saw a net purchase of 97.5725 million yuan, despite a total net selling of 89.9632 million yuan from brokerage seats [2] - The stock was listed on the Shenzhen Stock Exchange's daily limit deviation list due to a drop of 9.17% [2] Group 2 - Over the past six months, the stock has appeared on the daily limit list 27 times, with an average price increase of 2.75% the next day and an average increase of 13.26% over the following five days [3] - The stock saw a net outflow of 357 million yuan in main funds today, with a significant outflow of 260 million yuan from large orders [3] - The latest margin trading data shows a total margin balance of 1.125 billion yuan, with a financing balance of 1.124 billion yuan and a securities lending balance of 1.1638 million yuan, indicating a decrease of 27 million yuan in financing balance over the past five days, a decline of 19.35% [3]

Market Overview - The communication equipment sector experienced a decline of 3.62% on January 20, with Tongyu Communication leading the drop [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] Stock Performance - Notable gainers included: - Dingxin Communication (603421) with a closing price of 7.92, up 10.00% on a trading volume of 367,100 shares and a turnover of 287 million [1] - Weisheng Information (688100) closed at 46.16, up 7.15% with a trading volume of 128,400 shares and a turnover of 598 million [1] - Major decliners included: - Tongyu Communication (002792) closed at 46.14, down 10.01% with a trading volume of 656,100 shares and a turnover of 3.158 billion [2] - Datang Telecom (600198) closed at 10.64, down 9.98% with a trading volume of 898,800 shares and a turnover of 971 million [2] Capital Flow - The communication equipment sector saw a net outflow of 12.802 billion from institutional investors, while retail investors experienced a net inflow of 8.096 billion [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors increased their positions [2] Individual Stock Capital Flow - Hengtong Optic (600487) had a net inflow of 338 million from institutional investors, while retail investors saw a net outflow of 304 million [3] - Longfly Fiber (601869) experienced a net inflow of 132 million from institutional investors, but a net outflow of 161 million from retail investors [3] - Dingxin Communication (603421) had a significant net inflow of 106 million from institutional investors, while retail investors faced a net outflow of 568 million [3]

截至1月20日收盘，F5G概念下跌2.97%，位居概念板块跌幅榜前列，板块内，通宇通讯跌停，剑桥科 技、震有科技、烽火通信等跌幅居前，股价上涨的有6只，涨幅居前的有亨通光电、平治信息、天地科 技等，分别上涨2.58%、1.53%、1.19%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 环氧丙烷 | 5.78 | 军工信息化 | -3.29 | | 草甘膦 | 3.45 | 卫星导航 | -3.16 | | 丙烯酸 | 2.64 | 太赫兹 | -3.15 | | NMN概念 | 1.95 | 6G概念 | -2.98 | | 培育钻石 | 1.93 | F5G概念 | -2.97 | | 租售同权 | 1.75 | 成飞概念 | -2.87 | | 水泥概念 | 1.59 | 商业航天 | -2.78 | | 啤酒概念 | 1.52 | 海南自贸区 | -2.75 | | 广东自贸区 | 1.44 | 光纤概念 | -2.66 | | 高股息精选 | 1.39 | 共封装光学(CPO) | -2.65 ...