Core Insights - The company provided a detailed explanation regarding financial accounting issues in response to an inquiry about its stock issuance to specific targets, covering accounts receivable, contract assets, fixed assets, goodwill, and fundraising project details [1] Financial Condition Analysis - Accounts Receivable and Contract Assets: The book value of accounts receivable at the end of the reporting periods was 1,201.76 million, 1,274.05 million, 1,327.78 million, and 1,375.03 million, accounting for 41.08%, 38.59%, 40.67%, and 45.32% of current assets respectively. The accounts receivable turnover rates were 2.40, 2.33, 2.47, and 0.46. The book value of contract assets was 148.38 million, 181.66 million, 361.85 million, and 401.43 million, representing 5.07%, 5.50%, 11.08%, and 13.23% of current assets respectively. The high proportion of accounts receivable and contract assets to revenue is due to lengthy payment approval processes in specific downstream industries, but there are no significant risks of bad debts [2] - Fixed Assets: The book value of fixed assets at the end of the reporting periods was 1,401.31 million, 1,354.61 million, 2,209.42 million, and 2,159.47 million, making up 53.31%, 48.91%, 67.16%, and 64.44% of non-current assets respectively. The increase in fixed assets by the end of 2024 is attributed to the capitalization of construction in progress amounting to 821.71 million. The company has adequately provided for fixed asset impairment, and the accounting treatment complies with the Accounting Standards for Enterprises [2] - Goodwill: The book value of goodwill at the end of the reporting periods was 249.80 million, 199.13 million, 166.53 million, and 168.80 million, accounting for 9.50%, 7.19%, 5.06%, and 5.04% of non-current assets respectively. The company has made significant impairment provisions for goodwill, and the testing process for goodwill impairment is cautious and reasonable [2] Fundraising Project Details - The company plans to raise no more than 1,300.00 million through a specific stock issuance, with net proceeds primarily allocated to projects in aviation equipment testing, AI chip testing, satellite internet quality assurance, data intelligence quality inspection, and upgrading the Xi'an metrology laboratory, along with supplementing working capital [3] - Project Necessity and Reasonableness: The fundraising projects focus on strategic emerging fields such as aviation equipment, AI, satellite internet, and digital economy, enhancing the company's capabilities and service quality. The company has the necessary personnel and technology reserves, and there are no significant uncertainties regarding project implementation [3] - Investment Composition and Progress: The investment structure of the fundraising projects is reasonable, with necessary expenditures. The construction period for these projects is expected to be from 2026 to 2028, and as of the report date, no construction has commenced [3] - Benefit Assessment: The benefit assessment of the fundraising projects considers performance fluctuations, with expected internal rates of return and payback periods indicating good economic benefits. The average gross profit margins of the new projects are mostly lower than existing levels, and the net profit compound annual growth rate is similar or slightly lower than current business [3]

Core Viewpoint - The company, Guangdian Measurement and Testing Group Co., Ltd., has received an inquiry letter from the Shenzhen Stock Exchange regarding its application for a private placement of shares, which is subject to approval by the exchange and the China Securities Regulatory Commission [1] Group 1 - The company submitted a detailed response to the inquiry letter after thorough research and verification with relevant intermediaries [1] - The financial data in the application documents has been updated in accordance with the company's half-year report released in 2025 [1] - The issuance of shares is contingent upon approval from the Shenzhen Stock Exchange and registration consent from the China Securities Regulatory Commission, introducing uncertainty regarding the approval timeline [1]

股票简称：广电计量 股票代码：002967 广电计量检测集团股份有限公司 （Grg Metrology & Test Group Co., Ltd.） （广东省广州市番禺区石碁镇创运路 8 号） 2025 年度向特定对象发行 A 股股票 并在主板上市 募集说明书 （申报稿） 保荐人（主承销商） 公告日期：2025 年 9 月 1-1-1 重大事项提示 本公司特别提请投资者注意，在作出投资决策之前，务必仔细阅读本募集说 明书正文内容，并特别关注以下重要事项。 一、本次向特定对象发行 A 股股票情况 1、本次向特定对象发行股票相关事项已经公司于 2025 年 7 月 21 日召开的 第五届董事会第二十一次会议和 2025 年 8 月 7 日召开的 2025 年第一次临时股东 大会审议通过，已取得控股股东广州数科集团批复，尚需经深交所审核通过且经 中国证监会作出予以注册决定后方可实施。 2、本次向特定对象发行股票的发行对象不超过 35 名，为符合监管机构规定 条件的法人、自然人或者其他合法投资组织。证券投资基金管理公司、证券公司、 理财公司、保险公司、合格境外机构投资者、人民币合格境外机构投资者以其管 理的两只以上 ...

广电计量检测集团股份有限公司 与 华泰联合证券有限责任公司 关于 广电计量检测集团股份有限公司 申请向特定对象发行股票的审核问询函 的回复报告 保荐人（主承销商） 二〇二五年九月 深圳证券交易所： 广电计量检测集团股份有限公司（以下简称"公司""广电计量""发行人"） 收到贵所于2025年9月9日下发的《关于广电计量检测集团股份有限公司申请向特 定对象发行股票的审核问询函》（审核函〔2025〕120035号）（以下简称"审核 问询函"）。 公司已会同华泰联合证券有限责任公司（以下简称"华泰联合证券""保荐 机构""保荐人"）、北京市天元律师事务所（以下简称"发行人律师"）、容 诚会计师事务所（特殊普通合伙）（以下简称"发行人会计师"）等相关方对审 核问询函所列问题进行了核查，对申请材料进行了修改、补充和说明。现对审核 问询函的落实和募集说明书的修改情况逐条书面回复，并提交贵所，请予审核。 说明： 1、如无特殊说明，本回复报告中使用的简称或名词释义与《广电计量检测 集团股份有限公司2025年度向特定对象发行A股股票并在主板上市募集说明书》 （以下简称"募集说明书"）一致。涉及募集说明书补充披露或修改的内容已在 ...

北京市天元律师事务所 关于广电计量检测集团股份有限公司 2025 年度向特定对象发行股票的 补充法律意见（二） 北京市天元律师事务所 中国北京市西城区金融大街 35 号国际企业大厦 A 座 509 单元 邮编：100033 北京市天元律师事务所 关于广电计量检测集团股份有限公司 2025 年度向特定对象发行股票的 补充法律意见（二） 京天股字（2025）第488-3号 致：广电计量检测集团股份有限公司 北京市天元律师事务所（下称"本所"）接受广电计量检测集团股份有限公司 （下称"发行人"或"公司"或"广电计量"）委托，担任发行人 2025 年度向特定对 象发行 A 股股票（下称"本次发行"）的专项法律顾问，本所已为发行人本次发 行出具京天股字（2025）第 488 号《北京市天元律师事务所关于广电计量检测 集团股份有限公司 2025 年度向特定对象发行股票的法律意见》（下称"《法律 意见》"）、京天股字（2025）第 488-1 号《北京市天元律师事务所关于广电计 量检测集团股份有限公司 2025 年度向特定对象发行股票的律师工作报告》（下 称"《律师工作报告》"）、京天股字（2025）第 488-2 号《北 ...

及募集说明书等申请文件更新的提示性公告 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。 广电计量检测集团股份有限公司（以下简称"公司"）于 2025 年 9 月 9 日 收到深圳证券交易所（以下简称"深交所"）出具的《关于广电计量检测集团股 份有限公司申请向特定对象发行股票的审核问询函》（审核函〔2025〕120035 号）（以下简称"《问询函》"）。公司会同相关中介机构对《问询函》所提出 的问题进行了认真研究与核查后，对《问询函》所列问题进行了逐项说明和回复， 同时对募集说明书等申请文件的内容进行了更新。鉴于公司 2025 年半年度报告 已公开披露，公司会同相关中介机构对募集说明书等申请文件中涉及的公司财务 数据等内容进行了相应更新，具体内容详见公司同日在巨潮资讯网披露的相关公 告文件。 证券代码：002967 证券简称：广电计量 公告编号：2025-061 广电计量检测集团股份有限公司 关于申请向特定对象发行股票的审核问询函的回复 广电计量检测集团股份有限公司 1 公司本次向特定对象发行股票事项尚需通过深交所审核，并经中国证券监督 管理委员会（以下简称"中 ...

关于广电计量检测集团股份有限公司 申请向特定对象发行股票的审核问询函中 有关财务会计问题的专项说明 容诚专字[2025]518Z0917 号 容诚会计师事务所(特殊普通合伙) 中国·北京 2-1 | | | | 问题 | 1 | 2 | | --- | --- | --- | | 问题 | 2 | 51 | 容诚会计师事务所（特殊普通合伙） 总所：北京市西城区阜成门外大街 22 号 1 幢 10 层 1001-1 至 1001-26 (100037) TEL:010-6600 1391 FAX:010-6600 1392 E-mail:bj@rsmchina.com.cn https://www.rsm.global/china/ 关于广电计量检测集团股份有限公司 申请向特定对象发行股票的审核问询函中 有关财务会计问题的专项说明 容诚专字[2025]518Z0917 号 深圳证券交易所： 根据贵所 2025 年 9 月 9 日出具的《关于广电计量检测集团股份有限公司 申请向特定对象发行股票的审核问询函》(审核函〔2025〕120035 号)（以下简 称"问询函"）的要求，容诚会计师事务所（特殊普通合伙）（以下 ...

Group 1 - The core message emphasizes the need for state-owned enterprises to focus on innovation-driven development and enhance their value creation and sustainable development capabilities to support national strategic goals [1][2] - The importance of deepening the reform of state-owned enterprises and accelerating the development of strategic emerging industries was highlighted during discussions with local government officials [2] - The need for state-owned enterprises to strengthen key core technology research and actively invest in sectors such as integrated circuits and new energy vehicles was stressed [2] Group 2 - The initiative aims to create a model for state-owned enterprise reform with local characteristics, enhancing governance and operational efficiency [2] - The approach includes a balance between flexibility in operations and effective regulation, promoting a comprehensive and professional regulatory framework [2] - The emphasis on strengthening the Party's leadership and building a solid foundation for Party building within enterprises was noted as a means to convert Party advantages into development advantages [2]

Market Overview - The professional services sector increased by 0.63% on September 24, with Shengke Nano leading the gains [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Stock Performance - Shengke Nano (688757) closed at 33.13, up 5.07% with a trading volume of 71,600 shares and a transaction value of 234 million [1] - Anke Detection (300572) closed at 28.50, up 3.86% with a trading volume of 126,600 shares and a transaction value of 356 million [1] - Guodian Jige (002967) closed at 19.01, up 3.20% with a trading volume of 112,700 shares and a transaction value of 213 million [1] - Other notable performers include Puni Testing (300887) up 2.99% and Shicun Testing (301228) up 2.71% [1] Capital Flow - The professional services sector saw a net inflow of 34.22 million from institutional investors, while retail investors experienced a net outflow of 52.48 million [2][3] - Major stocks with significant net inflows include Lihua Technology (002243) with 28.64 million and Huace Testing (300012) with 26.90 million [3] - Conversely, stocks like Xince Standard (300938) and Puni Testing (300887) experienced net outflows from retail investors [3]

Core Viewpoint - The general aviation ETF (159378) is experiencing active trading with a notable increase in its component stocks, particularly Zhuhai Guanyu, which rose over 8% [3] Group 1: Market Performance - As of September 24, the general aviation ETF (159378) increased by 2.13% [3] - Zhuhai Guanyu's stock surged by 8.41%, with a trading volume of 44.93 million and a transaction value of 1.086 billion [4] - Other notable stocks include Lais Information (+5.13%), Zhenxin Technology (+4.20%), and Wan Feng Aowei (+3.45%) [4] Group 2: Industry Events - The 2025 Shenzhen eVTOL Industry Development Conference and Low Altitude Economy Exhibition commenced on September 23, featuring over 300 leading companies and innovative institutions [5] - The eVTOL exhibition area showcased advanced eVTOL aircraft, including flying cars and various rotorcraft designs [5] Group 3: Economic Outlook - The low altitude economy is projected to exceed 1.5 trillion by 2025 and could reach between 3.5 trillion to 6 trillion by 2035, becoming a core growth driver for economic transformation [6] - Despite a relative stagnation in the low altitude economy sector this year, it remains a significant direction for new productive forces, with expectations of increased funding and high industry prosperity [6] Group 4: Investment Tools - The general aviation ETF (159378) is the first and largest ETF product in its category, focusing on the low altitude economy and drones, serving as a valuable tool for investing in this sector [6][8] - As of September 23, the general aviation ETF had a scale of 1.137 billion [8]