Core Points - The Shanghai Composite Index is at 3906.88 points, above the six-month moving average, with a gain of 0.45% [1] - A total trading volume of A-shares reached 1,197.71 billion yuan today [1] - 158 A-shares have surpassed the six-month moving average, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - The stocks with the highest deviation rates from the six-month moving average include: - Aienju (11.21% deviation, latest price 21.46 yuan) [1] - Huifeng Diamond (8.50% deviation, latest price 31.92 yuan) [1] - Jiuan Medical (4.78% deviation, latest price 40.21 yuan) [1] - Other stocks that have just crossed the six-month moving average include: - Ningbo Energy, China National Heavy Duty Truck Group, and Tongda Shares [1] Trading Data - The trading data for stocks that broke the six-month moving average on October 14 includes: - Aienju: 13.85% increase, 18.54% turnover rate [1] - Huifeng Diamond: 15.53% increase, 14.22% turnover rate [1] - Jiuan Medical: 5.29% increase, 2.42% turnover rate [1] - Additional stocks with notable performance include: - Chutianlong (4.88% increase) and Daqian Ecology (5.04% increase) [1]

Group 1 - The aerospace and defense sector is experiencing a rise, with the CN5082 index up by 0.44% and key stocks like Great Wall Military Industry up by 8.67% [1] - The recent completion of the first phase of the Star Glory rocket assembly and testing factory in Hainan, covering an area of 28,800 square meters, is a significant development in the commercial aerospace sector [1] - The factory is set to receive its first reusable rocket by Q4 2025, laying the groundwork for future launches and sea recovery operations [1] Group 2 - The military industry has stabilized recently, with a focus on domestic demand and military trade as the "14th Five-Year Plan" approaches [2] - The importance of upstream components and key raw materials in weapon development and production is highlighted, indicating potential benefits from demand amplification [2] - The military trade is expected to accelerate, particularly with Middle Eastern countries, as Chinese high-end equipment exports increase, presenting a second growth opportunity for the sector [2]

证券代码：300424 证券简称：航新科技 公告编号：2025-094 债券代码：123061 债券简称：航新转债 广州航新航空科技股份有限公司 2025 年第三季度可转债转股情况的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1. "航新转债"（债券代码：123061）转股期为 2021 年 1 月 28 日至 2026 年 7 月 21 日；最新有效的转股价格为 14.82 元/股。 2. 2025 年第三季度，共有 201 张"航新转债"完成转股（票面 金额共计 20,100.00 元人民币），合计转成 1,355 股"航新科技"股 票（股票代码：300424）。 3. 截至 2025 年第三季度末，公司剩余可转债为 1,675,477 张，剩 余可转债票面总金额为 167,547,700.00 元人民币。 一、 可转换公司债券发行上市概况 （一）可转换公司债券发行概况 经中国证券监督管理委员会"证监许可[2020] 1277 号"文核准， 公司于 2020 年 7 月 22 日公开发行了 250 万张可转换公司债券，每张 面值 10 ...

Market Overview - The aviation equipment sector increased by 0.67% on September 24, with Zongheng Co. 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 - Zongheng Co. (688070) closed at 57.10, rising by 8.06% with a trading volume of 29,800 lots and a transaction value of 163 million yuan [1] - Other notable performers included: - Hitec High-tech (002023) at 12.33, up 3.44% [1] - Aviation New Technology (300424) at 15.59, up 2.84% [1] - Western Superconducting (688122) at 58.49, up 2.60% [1] Capital Flow - The aviation equipment sector saw a net inflow of 57.50 million yuan from institutional investors, while retail investors contributed a net inflow of 29.80 million yuan [2] - However, speculative funds experienced a net outflow of 355 million yuan [2] Individual Stock Capital Flow - Key stocks with significant capital flow included: - Guangqi Technology (002625) with a net inflow of 21.20 million yuan from institutional investors [3] - AVIC Shenyang Aircraft (600760) with a net inflow of 97.23 million yuan [3] - AVIC Power (600893) with a net inflow of 49.86 million yuan [3]

证券代码：300424 证券简称：航新科技 公告编号：2025-093 广州航新航空科技股份有限公司 关于控股股东的有限合伙人所持合伙份额被司法 冻结的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 一、控股股东的有限合伙人所持合伙份额被司法冻结的基本情况 广州航新航空科技股份有限公司（以下简称"航新科技"、"公 司"）控股股东广州恒贸创业投资合伙企业（有限合伙）（以下简称 "广州恒贸"）的有限合伙人北京华贸世家科技有限公司（以下简称 "华贸世家"）、黑龙江省利嘉昇农业科技有限公司（以下简称"利 嘉昇"）、哈尔滨卓弘经贸有限公司（以下简称"卓弘经贸"）、哈 尔滨万粮米业有限公司（以下简称"万粮米业"）、哈尔滨鑫诚信投 资管理咨询有限公司（以下简称"鑫诚信"）所持有的广州恒贸的份 额被黑龙江省鹤岗市南山区人民法院全部冻结，冻结起止日期为2024 年 11 月 29 日至 2025 年 11 月 28 日。具体内容详见公司 2025 年 3 月 13 日于巨潮资讯网（http://www.cninfo.com.cn）披露的《关于控股股 东的有限合伙人所持 ...

Core Viewpoint - The company held an earnings briefing to address investor inquiries, focusing on accounts receivable management, market value management, and future profitability strategies [1][2]. Group 1: Accounts Receivable Management - The company follows accounting standards for the provision of bad debt, with different methods for calculating expected credit losses based on various receivable portfolios. The high provision ratio is influenced by long payment terms from special institutional clients, although these clients are considered low-risk [2]. - The company plans to enhance communication with clients to accelerate the collection of existing accounts receivable and aims to increase the proportion of advance payments and milestone payments in future contracts [2]. Group 2: Market Value Management - The management emphasizes market value management through active information disclosure, investor interaction, and promotional communication. The company is increasing R&D investment to enhance competitiveness and is actively seeking upstream and downstream industry collaborations, with specific partnerships to be announced [2]. Group 3: Profitability and Management Execution - The aviation industry has gradually recovered over the past two years, with the company experiencing revenue growth in the first half of 2023 and projected growth for 2024 and 2025. However, the provision for bad debts due to special institutional clients' payment policies is expected to impact profits [2]. - The company intends to strengthen cost control and improve operational efficiency to enhance profitability moving forward [2].

Group 1: Accounts Receivable Management - The company has a high provision for bad debts due to the long payment terms influenced by special institutional clients [2][3] - The provision policy for accounts receivable loss is based on historical credit loss experience and future economic forecasts [2][3] - The company will enhance communication with clients to accelerate the collection of existing receivables and increase the proportion of advance payments in future contracts [3] Group 2: Market Performance and Shareholder Value - The company's stock price has been relatively stable in recent years, with management focusing on market value management and strict information disclosure [3] - The company has increased R&D investment to enhance product and technology competitiveness [3] - The aviation industry is gradually recovering, with the company expecting growth in revenue for 2023, 2024, and the first half of 2025 [3][4] Group 3: Financial Health and Future Outlook - The company’s accounts receivable primarily come from high-credit clients, indicating low risk [3] - The significant provision for bad debts in 2024 and the first half of 2025 is expected to impact current profits due to the special client payment policies [3][4] - Management is intensifying efforts to collect receivables to improve profitability [4]

证券代码：300424 证券简称：航新科技 公告编号：2025-092 广州航新航空科技股份有限公司 关于参加 2025 年广东辖区上市公司投资者网上 集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，广州航新航空科技股份有限 公司（以下简称"公司"）将参加由中国证券监督管理委员会广东监 管局、广东上市公司协会联合举办的"向新提质 价值领航——2025 年广东辖区投资者集体接待日暨辖区上市公司中报业绩说明会"活动， 现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" 网站（http://rs.p5w.net），或关注微信公众号：全景财经，或下载全 景路演APP，参与本次互动交流，活动时间为2025年9月19日（周五） 15:30-17:00。届时公司总经理余厚蜀先生、财务总监曹秉安先生、董 事会秘书张文虎先生将在线就公司2025年半年报业绩、公司治理、发 展战略、经营状况等问题，与投资者进行沟通与交流，欢迎广大投资 者踊跃参与！ 特此公告！ 广州航新航空科技股份有限公司董事会 ...

Group 1 - The company has developed a series of high-temperature vibration sensors and speed sensors to meet the demand for domestic substitution [1] - These sensors have been applied in various fields including aviation, shipping, rail transportation, and industry [1] - Currently, the sensor business constitutes a small proportion of the company's main business revenue and net profit [1]

证券代码：300424 证券简称：航新科技 公告编号：2025-091 广州航新航空科技股份有限公司 关于控股股东的有限合伙人所持合伙份额被司法 冻结的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 一、控股股东的有限合伙人所持合伙份额被司法冻结的基本情况 广州航新航空科技股份有限公司（以下简称"航新科技"、"公 司"）控股股东广州恒贸创业投资合伙企业（有限合伙）（以下简称 "广州恒贸"）的有限合伙人北京华贸世家科技有限公司（以下简称 "华贸世家"）、黑龙江省利嘉昇农业科技有限公司（以下简称"利 嘉昇"）、哈尔滨卓弘经贸有限公司（以下简称"卓弘经贸"）、哈 尔滨万粮米业有限公司（以下简称"万粮米业"）、哈尔滨鑫诚信投 资管理咨询有限公司（以下简称"鑫诚信"）所持有的广州恒贸的份 额被黑龙江省鹤岗市南山区人民法院全部冻结，冻结起止日期为2024 年 11 月 29 日至 2025 年 11 月 28 日。具体内容详见公司 2025 年 3 月 13 日于巨潮资讯网（http://www.cninfo.com.cn）披露的《关于控股股 东的有限合伙人所持 ...