国泰海通证券股份有限公司 关于广州航新航空科技股份有限公司 募投项目结项并将节余募集资金永久补充流动资金 的核查意见 广州航新航空科技股份有限公司（以下简称"公司"或"航新科技"）于 2025 年 4 月 28 日召开第六届董事会第五次会议和第六届监事会第四次会议，审议通过 了《关于募投项目结项并将节余募集资金永久补充流动资金的议案》，同意将公 司 2020 年公开发行可转换公司债券募集资金投资项目发动机健康管理项目及研 发中心项目结项，并将节余募集资金 2,897.41 万元（暂估金额，含存款利息收 入扣除银行手续费等的净额，最终金额以资金转出当日银行专户实际余额为准） 永久补充流动资金，用于公司日常经营活动，同时注销相关募集资金专用账户， 相关的募集资金监管协议将予以终止。 国泰海通证券股份有限公司（以下简称"国泰海通证券"或"保荐机构"）作为 航新科技创业板公开发行可转换公司债券的保荐机构，根据《证券发行上市保荐 业务管理办法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公 司自律监管指引第 2 号——创业板上市公司规范运作》《深圳证券交易所上市公 司自律监管指引第 13 号——保荐业务》等 ...

募集资金存放与使用情况鉴证报告 广州航新航空科技股份有限公司 华兴专字[2025]24014450043 号 华兴会计师事务所（特殊普通合伙） w 关于广州航新航空科技股份有限公司 2024 年度募集资金存放与使用情况鉴证报告 华兴专字[2025]24014450043号 广州航新航空科技股份有限公司全体股东： 我们接受委托，对后附的广州航新航空科技股份有限公司（以下简称航新 科技公司）董事会编制的《广州航新航空科技股份有限公司2024年度募集资金 存放与使用情况的专项报告》（以下简称"募集资金专项报告"）执行了鉴证 工作。 一、 董事会的责任 航新科技公司董事会的责任是提供真实、合法、完整的相关资料，按照 中国证券监督管理委员会颁布的《上市公司监管指引第2号——上市公司募 集资金管理和使用的监管要求》、深圳证券交易所颁布的《深圳证券交易所 创业板上市公司自律监管指南第1号——业务办理（2024年修订）》及《创 业板信息披露公告格式第21号：上市公司募集资金年度存放与使用情况的专 项报告》的规定编制募集资金专项报告。这种责任包括设计、执行和维护与 募集资金专项报告编制相关的内部控制，保证募集资金专项报告的真实 ...

三、关键审计事项 广州航新航空科技股份有限公司全体股东： 一、审计意见 我们审计了广州航新航空科技股份有限公司（以下简称"航新股份"）财务报 表，包括2024年12月31日的合并及母公司资产负债表，2024年度的合并及母公司利 润表、合并及母公司现金流量表、合并及母公司所有者权益变动表以及相关财务报 表附注。 我们认为，后附的财务报表在所有重大方面按照企业会计准则的规定编制，公 允反映了航新股份2024年12月31日的财务状况以及2024年度的经营成果和现金流 量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注册 会计师对财务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。按照 中国注册会计师职业道德守则，我们独立于航新股份，并履行了职业道德方面的其 他责任。我们相信，我们获取的审计证据是充分、适当的，为发表审计意见提供了 基础。 审 计 报 告 华兴审字[2025]24014450021号 1 关键审计事项是我们根据职业判断，认为对本期财务报表审计最为重要的事项。 这些事项的应对以对财务报表整体进行审计并形成审计意见为背景，我们不对这些 事项单独发表意见 ...

关于广州航新航空科技股份有限公司 2024 年度营业收入扣除情况的 专项核查意见 华兴专字[2025]24014450071 号 华兴会计师事务所（特殊普通合伙） w 华兴专字[2025]24014450071 号 广州航新航空科技股份有限公司全体股东： 我们接受委托，按照中国注册会计师审计准则审计了广州航新航空科技 股份有限公司股份有限公司(以下简称航新科技) 2024年度财务报表，包括 2024年12月31日的合并及母公司资产负债表、2024年度的合并及母公司利润 表、合并及母公司现金流量表、合并及母公司所有者权益变动表，以及相关 财务报表附注，并于2025年4月28日出具了华兴审字[2025]24014450021号无 保留意见的审计报告。在此基础上，对后附的航新科技管理层编制的《2024 年度营业收入扣除情况表》(以下简称"营业收入扣除情况表")进行了专项 核查。 一、管理层的责任 根据《深圳证券交易所股票上市规则》《及深圳证券交易所上市公司自律 监管指南第 1 号—业务办理》（以下简称上市规则）相关规定，航新科技编制 了营业收入扣除情况表。设计、执行和维护与编制和列报营业收入扣除情况 表有关的内部控 ...

广州航新航空科技股份有限公司董事会 关于独立董事独立性情况的专项意见 广州航新航空科技股份有限公司（以下简称"公司"）董事会根 据《上市公司独立董事管理办法》《深圳证券交易所创业板股票上市 规则》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上 市公司规范运作》等要求，并结合独立董事出具的《独立董事独立性 自查情况表》，对公司独立董事的独立性情况进行评估并出具如下专 项意见： 经核查，公司独立董事不存在任何妨碍其进行独立客观判断的关 系，不存在影响独立董事独立性的情况，符合《上市公司独立董事管 理办法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所 上市公司自律监管指引第 2 号——创业板上市公司规范运作》等法律 法规及《公司章程》中关于独立董事的任职资格及独立性的要求。 广州航新航空科技股份有限公司董事会 二〇二五年四月二十八日 ...

本人苏影为广州航新航空科技股份有限公司（以下简称"公司"）的独 立董事，报告期内本人严格按照《深圳证券交易所创业板股票上市规则》、 《深圳证券交易所上市公司自律监管指引第2号——创业板上市公司规范运 作》、《公司章程》、《独立董事工作制度》等法律法规及规章制度的有关 要求，忠实勤勉地履行独立董事的职责和义务，积极出席董事会、股东大会， 认真审议了各项议案。现将2024年度本人履行独立董事职责情况汇报如下： 一、 独立董事基本情况 广州航新航空科技股份有限公司 2024 年度独立董事述职报告 （苏影） 各位股东、股东代表： （一）工作履历、专业背景以及兼职情况 本人1960年9月出生，中国国籍，无境外永久居留权。本科学历，毕业 于中国民航大学运输服务专业，天津市广播电视大学工商管理专业。1984年 7月至2000年2月曾就职于湖南财经学院，从事教学与管理工作。2009年11月 至2015年9月任天津滨海国际机场、指挥中心、航站楼主任、总经理，2015 年10月至2020年9月任天津滨海国际机场品质部调研员。2023年10月至2025 年1月24日任本公司独立董事。 （二）独立性说明 本人未在公司担任除独立董事以 ...

Financial Performance - The company's operating revenue for the reporting period was RMB 1,702.89 million, an increase of 7.87% compared to the same period last year[3]. - The net profit attributable to shareholders of the listed company was RMB -95.38 million, a decrease of 496.85% year-on-year[3]. - The company's operating revenue for 2024 was CNY 1,702,889,992.43, representing a 7.87% increase compared to CNY 1,578,630,944.67 in 2023[27]. - The net profit attributable to shareholders for 2024 was CNY -95,383,848.54, a decrease of 496.85% from CNY 24,035,068.93 in 2023[27]. - The cash flow from operating activities for 2024 was CNY 55,376,891.81, an increase of 16.22% from CNY 47,648,471.85 in 2023[27]. - The total assets at the end of 2024 were CNY 2,356,363,468.04, a decrease of 5.40% from CNY 2,490,765,366.66 at the end of 2023[27]. - The basic earnings per share for 2024 was CNY -0.3963, a decline of 495.51% from CNY 0.1002 in 2023[27]. - The company reported a significant increase in non-recurring losses, with a total of CNY 21,917,014.06 for 2024 compared to CNY 19,066,903.79 in 2023[36]. - The company experienced a substantial drop in net profit after deducting non-recurring items, which was CNY -117,300,862.60 for 2024, compared to CNY 4,968,165.14 in 2023, marking a decrease of 2,461.05%[27]. - The weighted average return on equity for 2024 was -12.82%, down from 3.13% in 2023, indicating a significant decline in profitability[27]. Business Strategy and Expansion - The company plans to not distribute cash dividends, issue bonus shares, or increase share capital from reserves[14]. - The company plans to enhance its market expansion strategies and invest in new product development to improve future performance[38]. - The company aims to expand its market presence beyond China and Southeast Asia to Europe, the Middle East, and North Africa, focusing on breakthroughs in key areas of aviation equipment[45]. - The company is focused on developing data-driven aircraft maintenance decision support systems and modular software products as part of its big data business strategy[48]. - The company aims to create an ecosystem of integrated aircraft diagnostic technology and data service products, enhancing its overall operational efficiency and service quality[49]. - The company is actively expanding its customer base in the equipment manufacturing and support business, achieving good results in project acquisition and technology accumulation[52]. - The company is committed to technological innovation and has built an open architecture for its general automatic test platform, enabling universal testing support for various aircraft types[40]. Risks and Challenges - The company faces risks related to accounts receivable fluctuations due to the increasing scale of operations and the characteristics of settlement in the aviation manufacturing and service business[6]. - The company is exposed to risks from rising overseas labor costs and prices, which may impact its aviation maintenance and service business in international markets[5]. - The company anticipates challenges in management and operational integration following its acquisitions, which may increase operational complexity[11]. - The company has noted a risk of declining gross margins due to changes in the product structure of its aviation maintenance and service business[8]. - The company has acquired MMRO and DMH B.V. to expand its international aviation maintenance business, which may pose goodwill impairment risks if their future performance does not meet expectations[9]. - The company is developing new technologies for airborne equipment, which carries risks of technological feasibility and competitive failure during the research and development process[10]. Research and Development - Research and development expenses for 2024 were ¥78,631,814.48, an increase of 3.78% compared to 2023[80]. - The R&D investment for 2024 was ¥88,151,676.03, which is 5.18% of the operating revenue[83]. - The number of R&D personnel decreased by 1.29% to 305, with a proportion of 21.46% of the total workforce[83]. - The company has made significant progress in developing various aircraft and testing systems, aiming to enhance market competitiveness[81]. - The company is investing $50 million in research and development for new technologies aimed at enhancing product efficiency[145]. Corporate Governance - The company has conducted 5 shareholder meetings during the reporting period, reviewing 24 proposals, ensuring equal treatment of all shareholders[123]. - The board of directors held 17 meetings, reviewing 65 proposals, with independent directors comprising over half of the committees other than the strategy committee[125]. - The company has published 125 announcements in 2024, ensuring timely and accurate information disclosure to all shareholders[128]. - The company has established performance evaluation standards and incentive mechanisms for directors and senior management, ensuring transparency in the hiring process[129]. - The company respects and maintains the legitimate rights and interests of stakeholders, emphasizing social responsibility and effective communication with investors[130]. - The company has a clear ownership of both tangible and intangible assets, including intellectual property rights[131]. - The company’s governance structure operates independently, with no interference from other entities or individuals[131]. Market Outlook - The International Air Transport Association (IATA) predicts that the global airline industry revenue will exceed $1 trillion by 2025, with a net profit of $36.6 billion, indicating a strong recovery and growth potential for the aviation sector[53]. - The Chinese civil aviation service market is projected to grow from $23 billion in 2024 to $61 billion by 2043, indicating a nearly threefold increase[111]. - The maintenance and repair market in China is expected to grow from $19 billion to $51 billion, with a compound annual growth rate (CAGR) of 5.3%[113]. - The overall passenger transport volume in China is anticipated to exceed 700 million in 2024, setting a new historical record[112]. Employee Management - The total number of employees at the end of the reporting period is 1,421, with 380 in the parent company and 1,041 in major subsidiaries[165]. - The company plans to conduct training for 3,999 employee sessions, accumulating 13,875 hours of training in 2024[168]. - The company has established a competitive salary policy aimed at attracting and retaining talent, with a focus on performance-based compensation[166]. - The employee composition includes 240 production staff, 87 sales personnel, and 893 technical staff[165]. Environmental and Social Responsibility - The company actively implements national environmental protection laws and regulations, focusing on energy consumption and resource utilization[184]. - The company emphasizes social responsibility by maintaining legal operations, paying taxes, and promoting environmental protection[185]. - The company is continuously engaged in social impact initiatives, receiving recognition from children and parents in the community[186]. Financial Management - The company has committed to maintaining the independence of its subsidiary, Hangxin Technology, ensuring it has a complete business system and independent financial management[189]. - The company has established a comprehensive internal control management system covering various management areas, including financial management and quality management[176]. - The internal control evaluation report indicates that the company maintained effective financial reporting internal controls as of December 31, 2024[181]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[183].

Financial Performance - The company's operating revenue for Q1 2025 was ¥395,973,603.59, a decrease of 4.11% compared to ¥412,941,295.00 in the same period last year[5] - Net profit attributable to shareholders was ¥8,625,218.22, down 38.63% from ¥14,055,069.33 year-on-year[5] - The company's basic earnings per share decreased by 40.10% to ¥0.0351 from ¥0.0586 in the same period last year[5] - Net profit for the current period is CNY 11,629,498.35, a decline of 29.2% compared to CNY 16,431,548.61 in the previous period[25] Cash Flow - The net cash flow from operating activities improved significantly to ¥2,134,452.77, compared to a negative cash flow of ¥38,041,010.19 in the previous year, marking a 105.61% increase[5] - The net cash flow from financing activities surged by 425.63% to ¥97,858,425.20, driven by increased bank borrowings and sales-leaseback transactions[13] - Total cash inflow from financing activities was CNY 244,109,338.34, compared to CNY 105,266,301.05 in the prior period, indicating a 131.7% increase[28] - The company reported a net increase in cash and cash equivalents of CNY 91,925,474.88, reversing a decrease of CNY -68,687,521.88 from the prior period[28] Assets and Liabilities - Total assets increased by 6.43% to ¥2,507,793,628.04 from ¥2,356,363,468.04 at the end of the previous year[5] - Total liabilities rose to CNY 1,714,846,840.89, an increase of 8.6% from CNY 1,579,392,109.17[22] - The company's total assets increased to CNY 2,507,793,628.04, up from CNY 2,356,363,468.04, reflecting a growth of 6.4%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 39,180[14] - The largest shareholder, Guangzhou Hengmao Venture Capital Partnership, holds 14.96% of shares, totaling 36,705,964 shares, with 9,500,000 shares pledged[14] - The number of shares held by the top ten unrestricted shareholders includes 36,705,964 shares from Guangzhou Hengmao, accounting for 7.79% of total shares[15] Expenses and Costs - Total operating costs decreased to CNY 377,398,765.42, down 8.0% from CNY 410,295,688.84[24] - Research and development expenses for the current period were CNY 15,204,861.73, down 16.6% from CNY 18,227,363.40[25] - The company reported a decrease in interest expenses to CNY 11,933,221.11 from CNY 14,521,982.72, a reduction of 17.9%[25] Inventory and Receivables - Accounts receivable decreased slightly to ¥630,561,915.55 from ¥648,410,721.54, a decline of about 2.5%[20] - Inventory increased to ¥504,878,315.91 from ¥488,526,822.18, reflecting a rise of approximately 3.5%[20] Cash and Cash Equivalents - Cash and cash equivalents increased by 36.65% to ¥342,385,533.77, primarily due to increased borrowings and sales-leaseback transactions[9] - The company's cash and cash equivalents decreased to CNY 1,652,345,035.18 from CNY 1,491,044,842.81, indicating a decline of 10.8%[22] - Cash and cash equivalents at the end of the period totaled CNY 334,736,879.12, up from CNY 285,445,799.83 at the end of the previous period[28] Other Financial Metrics - The weighted average return on equity was 1.14%, down from 1.79% year-on-year, reflecting a decrease of 0.65%[5] - Investment income decreased by 92.34% to ¥285,944.36, impacted by confirmed investment losses from a joint venture[10] - The company has a total of 579,127 restricted shares at the end of the period, with 108,561 shares released during the current period[17]

Group 1 - The A-share market saw a strong performance in the large aircraft concept stocks, with several companies hitting the daily limit up, including Boyun New Materials (002297), Runbei Aerospace Technology, Aero Engine Corporation of China, and Lijun Shares (002651) [1] - Notable stock performances included Aileda (300696) rising over 8%, and Hangya Technology, Beimo High-tech increasing over 7% [1] - The market capitalization of the top performing stocks ranged from 19.41 billion to 252 billion, with Boyun New Materials reaching 40.17 billion and Aero Engine Corporation of China at 87.91 billion [2] Group 2 - Malaysia Airlines is considering purchasing Chinese-made aircraft, evaluating three models from COMAC: C909, C919, and C929 [2] - The AG600 received its type certificate on April 20, with future applications planned for logistics, personnel transport, ocean terrain exploration, and rapid firefighting tasks [3]

军工装备板块短线拉升，通易航天涨超10%，爱乐达（300696）、晟楠科技、利君股份（002651）、博 云新材（002297）、航新科技（300424）等跟涨。 暗盘资金一眼洞悉庄家意图>> ...