Investment Rating - The report maintains a "Buy" rating for the company [2] Core Insights - The company has achieved a revenue of 5.496 billion yuan in the first three quarters of 2024, representing a year-on-year growth of 30%, with a net profit of 536 million yuan, up 121% year-on-year [3][4] - The rapid growth in the automotive parts business has significantly contributed to the company's performance, with an overall gross margin of 21.09%, an increase of 0.29 percentage points compared to the same period last year [4] - The company is actively expanding its presence in the new energy vehicle market, with revenue growth outpacing the industry average, benefiting from scale effects and improved net profit margins [4] - The company is positioned as a platform for asset injection from the Aerospace Seventh Academy, which is expected to enhance its capabilities in smart equipment and advanced manufacturing [6][7] Financial Summary - The company is projected to achieve net profits of 701 million yuan, 833 million yuan, and 1.037 billion yuan for the years 2024, 2025, and 2026, respectively, with growth rates of 65%, 19%, and 24% [7] - The current price-to-earnings (P/E) ratio is projected to be 21, 18, and 14 times for the years 2024, 2025, and 2026 [7] - Revenue is expected to grow from 5.860 billion yuan in 2023 to 9.357 billion yuan by 2026, with corresponding growth rates of 20.1%, 18.5%, 15.6%, and 16.5% [9][11]

航天智造科技股份有限公司 关于"质量回报双提升"行动方案的公告 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。 航天智造科技股份有限公司（以下简称"公司"）积极贯彻 党中央、国务院决策部署，认真落实国资委、证监会、交易所的 相关要求，结合公司发展战略、经营情况及财务状况，为维护公 司全体股东利益，增强投资者信心，推动公司高质量发展，公司 制定了"质量回报双提升"行动方案，具体举措如下： 一、聚焦主责主业，致力推动公司高质量发展 公司坚持高质量发展，依托航天先进制造技术，面向军民两 用市场，通过重大资产重组，整合优质资源，成为集汽车内外饰 件设计制造、油气装备与工程、高性能材料研发应用于一体的具 有航天特色的产品与服务提供商。重组后，公司明确了"航天+" 与"智能制造"的产业主线，围绕三大主营业务应用智能化装备 开展研发制造，服务于新能源汽车、高端装备及新材料等国家战 略新兴产业。2023 年，公司三大业务板块表现优异，全年营业收 入和利润总额快速增长，营业收入实现 58.60 亿元，归属于上市 公司股东的净利润实现 4.23 亿元，分别较重组前同比增长 33. ...

航天智造科技股份有限公司 关于取得专利证书的公告 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。 航天智造科技股份有限公司（以下简称"公司"）及其所属 公司于近期取得国家知识产权局颁发的 31 项专利证书，分别为 7 项发明专利与 24 项实用新型专利，具体情况如下： | 序 | 专利号 | 专利名称 | 专利 | 申请 | 专利权 | 证书号 | 专利权人 | | --- | --- | --- | --- | --- | --- | --- | --- | | 号 | | | 类型 | 日 | 期限 | | | | 1 | ZL20211 1174001. 4 | 一种各向异 性导电粘接 组合物、导电 | 发明 | 2021/ | 20 年 | 第 7183001 | 航天智造科技 | | | | 胶膜、连接体 | 专利 | 10/8 | | 号 | 股份有限公司 | | | | 和半导体装 | | | | | | | | | 置 | | | | | | | 2 | ZL20221 1137933. | 一种红外光 敏感的光固 | 发明 | 2022/ | ...

证券代码：300446 证券简称：航天智造 公告编号：2024-074 航天智造科技股份有限公司 关于聘任公司总法律顾问、首席合规官的公告 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。 航天智造科技股份有限公司（以下简称"公司"）于 2024 年 10 月 21 日召开第五届董事会第十二次会议，审议通过了《关于 聘任公司总法律顾问、首席合规官的议案》。为健全公司法治工 作组织体系及满足公司经营发展的需要，经公司总经理提名，董 事会提名委员会审核，董事会同意聘任财务总监、董事会秘书徐 万彬先生担任总法律顾问、首席合规官职务，任期自董事会审议 通过之日起至第五届董事会任期届满之日止。 2 附件：徐万彬先生简历 徐万彬，男，1984 年 8 月出生，中国国籍，无境外永久居留 权，硕士研究生，工程师，中共党员。历任成都航天模塑股份有 限公司经营管理部部长助理、副部长，董事会秘书、经营投资部 部长（兼），董事会秘书、总经理助理、战略发展部部长（兼）、 证券部部长（兼），副总经理、财务总监、董事会秘书、战略发 展部部长（兼）、证券部部长（兼），四川航天技术研究院发展计 ...

Financial Performance - Revenue for Q3 2024 reached ¥1,664,402,909.18, an increase of 5.26% year-over-year, while year-to-date revenue totaled ¥5,496,481,552.84, up 30.21% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2024 was ¥148,968,081.59, representing a significant increase of 75.81% year-over-year, with a year-to-date net profit of ¥535,884,931.40, up 120.77%[3]. - The net profit after deducting non-recurring gains and losses for Q3 2024 was ¥131,829,677.70, an increase of 81.36% year-over-year, with a year-to-date figure of ¥478,752,788.77, up 517.52%[3]. - Basic earnings per share for Q3 2024 were ¥0.1762, reflecting a 38.53% increase year-over-year, while diluted earnings per share were the same[3]. - Total operating revenue for Q3 2024 reached ¥5,496,481,552.84, an increase of 30.2% compared to ¥4,221,366,131.74 in the same period last year[19]. - Operating costs for the same period were ¥4,892,826,184.85, up 27% from ¥3,853,115,153.05 year-over-year[19]. - Net profit attributable to shareholders of the parent company was ¥535,884,931.40, representing a significant increase of 121.5% from ¥242,732,032.05 in the previous year[20]. - The total comprehensive income for the third quarter amounted to CNY 596,096,250.73, an increase from CNY 336,087,842.22 in the previous year, representing a growth of approximately 77.5%[21]. - The basic and diluted earnings per share for the third quarter were both CNY 0.6339, compared to CNY 0.3645 in the same period last year, reflecting an increase of about 74%[21]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥8,901,560,286.22, a decrease of 8.23% from the end of the previous year[3]. - The total liabilities decreased to ¥3,587,526,069.02 from ¥4,905,366,770.65, a reduction of 26.9%[18]. - Non-current liabilities totaled ¥375,217,752.37, an increase from ¥353,376,688.55, indicating a rise of 6.4%[18]. - The equity attributable to shareholders of the parent company increased to ¥4,989,341,579.62 from ¥4,530,505,626.54, a growth of 10.1%[18]. - The total current assets decreased from CNY 6,952,868,939.94 to CNY 6,000,377,049.02, a decline of approximately 13.7%[16]. - Cash and cash equivalents decreased from CNY 3,014,016,176.61 to CNY 1,343,342,632.12, representing a decrease of about 55.5%[16]. - Accounts receivable increased from CNY 1,217,964,286.03 to CNY 1,509,258,540.40, an increase of approximately 23.9%[16]. - Inventory increased from CNY 1,268,936,112.07 to CNY 1,307,075,145.29, reflecting a growth of about 3.0%[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 31,968[8]. - The largest shareholder, Sichuan Aerospace Chuan Nan Fire Technology Co., Ltd., holds 18.44% of shares, totaling 155,868,149 shares[8]. - Sichuan Aerospace Industrial Group Co., Ltd. is the second-largest shareholder with a 14.27% stake, amounting to 120,681,151 shares[8]. - The third-largest shareholder, Aerospace Investment Holdings Co., Ltd., owns 9.29% of shares, which is 78,502,118 shares[8]. - The company has a total of 42,735,042 unrestricted shares held by Guo Feng Investment Private Fund Management Co., Ltd.[9]. - The report indicates that there are no changes in the restricted shares for major shareholders during the reporting period[10]. - The major shareholders are subject to a lock-up period of 36 months following the completion of a significant asset restructuring[11]. - The company has a performance commitment period from 2023 to 2025, after which the shares held by major shareholders can be unlocked[11]. - The total number of preferred shareholders and their holdings is not applicable in this report[10]. - The company has not disclosed any related party transactions among the top ten unrestricted shareholders[9]. Investment and Capital Allocation - The company plans to invest CNY 200 million to establish a wholly-owned subsidiary focused on anti-counterfeiting materials and electronic functional materials[15]. - The company intends to increase capital by CNY 1.1 billion to its wholly-owned subsidiary, with CNY 536.39 million allocated for project construction and CNY 563.61 million for working capital[15]. - The company reported a significant increase in investment income, reaching ¥2,587,277.55 compared to ¥2,454,713.71 in the previous year[20]. - The company has a significant asset restructuring involving multiple stakeholders, with lock-up periods ranging from 12 to 36 months for various shares[13]. - The company reported a total of CNY 706,056,285 in shares subject to lock-up agreements, with specific details on the release dates[13]. - The company’s board of directors approved the establishment of a new subsidiary to enhance its strategic planning and business development in high-performance functional materials[14]. - The company’s financial performance indicates a need for strategic adjustments in asset management and capital allocation to improve liquidity and operational efficiency[16]. Cash Flow - Cash inflows from operating activities totaled CNY 4,336,383,942.83, up from CNY 3,834,988,567.11, indicating a growth of approximately 13.1%[22]. - The net cash flow from operating activities was CNY 655,169,799.94, compared to CNY 538,751,332.47 in the previous year, marking an increase of about 21.7%[23]. - Cash outflows from investment activities were CNY 2,031,395,617.51, significantly higher than CNY 1,026,610,112.84 from the previous year, indicating a rise of approximately 97.9%[23]. - The net cash flow from investment activities was negative CNY 1,377,883,026.06, compared to negative CNY 204,287,954.68 in the previous year, showing a decline of about 576.5%[23]. - Cash inflows from financing activities were CNY 200,000,000.00, down from CNY 1,312,334,049.17, representing a decrease of approximately 84.8%[23]. - The net cash flow from financing activities was negative CNY 954,953,157.56, compared to negative CNY 186,332,313.89 in the previous year, indicating a decline of about 412.5%[23]. - The ending balance of cash and cash equivalents was CNY 1,028,128,073.52, compared to CNY 508,011,084.16 at the end of the previous year, reflecting an increase of approximately 102%[23]. Audit Information - The report for the third quarter was not audited, as stated by the company[24].

航天智造科技股份有限公司 第五届董事会第十二次会议决议公告 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。 证券代码：300446 证券简称：航天智造 公告编号：2024-071 表决结果：赞同票 9 票；反对票为 0 票；弃权票为 0 票。 审议通过。 （二）审议通过了《关于聘任公司总法律顾问、首席合规 官的议案》 经公司总经理提名，聘任徐万彬先生担任总法律顾问、首 席合规官职务，任期自本次董事会审议通过之日起至第五届董 事会任期届满之日止。 一、会议召开情况 航天智造科技股份有限公司（以下简称"公司"）第五届董 事会第十二次会议于 2024 年 10 月 21 日下午 14:30 在公司成都 分公司会议室以现场和通讯相结合的方式召开。本次会议已于 2024 年 10 月 10 日以专人送达、电子邮件和电话等方式通知全 体董事。 本次会议由董事长陈凡章先生召集并主持，应出席董事 9 人，实际出席董事 9 人。其中出席现场会议的董事为陈凡章、 彭建清和张云飞，以通讯方式出席会议的董事为张涛、翁骏、 谢鲁、刘洪川、屈哲锋和邹华维。公司监事、高级管理人员列 席了会 ...

航天智造科技股份有限公司 简式权益变动报告书 上市公司名称：航天智造科技股份有限公司 公司上市地点：深圳证券交易所 股票简称：航天智造 股票代码：300446 信息披露义务人：国调二期协同发展基金股份有限公司 住所：北京市西城区金融大街7号-4至19层101内7层708室 通讯地址：北京市西城区金融大街7号-4至19层101内7层708室 权益变动性质：股份减少 签署日期：二〇二四年十月 三、本报告书已全面披露了信息披露义务人在航天智造科技股份有限公司中拥 有权益的股份变动情况。截至本报告书签署日，除本报告书披露的信息外，上述信 息披露义务人没有通过任何其他方式增加或减少在航天智造科技股份有限公司拥有 权益的股份。 四、本次权益变动是根据本报告书所载明的资料进行的。除本报告书披露的信 息外，信息披露义务人没有委托或者授权其他任何人提供未在本报告书列载的信息 和对本报告书做出任何解释或者说明。 五、信息披露义务人承诺本报告书不存在虚假记载、误导性陈述或重大遗漏， 并对其真实性、准确性、完整性承担个别和连带的法律责任。 六、本报告书部分数据计算时需要四舍五入，故可能存在尾数差异，提请投资 者注意。 1 | 释义 ...

2. 本次权益变动后，国调二期协同发展基金股份有限公司 （以下简称"国调二期"）持有航天智造科技股份有限公司（以 下简称"公司"或"本公司"）股份 42,270,442 股，占本公司总 股本比例为 4.999992%，不再是公司持股 5%以上股东。 一、本次权益变动的基本情况 证券代码：300446 证券简称：航天智造 公告编号：2024-070 航天智造科技股份有限公司 关于持股 5%以上的股东减持至 5%以下暨披露简式权益 变动报告书的提示性公告 信息披露义务人国调二期协同发展基金股份有限公司保证 向本公司提供的信息内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 本公司及董事会全体成员保证信息披露内容与信息披露义 务人提供的信息一致。 特别提示： 1. 本次权益变动为公司持股 5%以上的股东减持，不触及要 约收购，不会导致公司控股股东、实际控制人发生变化。 2. 本次权益变动后，国调二期不再是公司持股 5%以上股东。 3. 本次权益变动为股东减持，不触及要约收购，不会导致公 司控股股东、实际控制人发生变化。 4. 国调二期作为信息披露义务人，已根据《中华人民共和国 证券法》《上市公司收购管理 ...

证券代码：300446 证券简称：航天智造 公告编号：2024-069 航天智造科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------------|------------------------------------------------------------------------------------|------------------------------------------------------------------------------------| | | | | | | ☐ 特定对象调研 | ☐ 分析师会议 | | | ☐ 媒体采访 | 业绩说明会 | | 投资者关系活动类别 | ☐ 新闻发布会 | ☐ 路演活动 | | | ☐ 现场参观 | | | | ☐ | 其他（请文字说明其他活动内容） | | 形式 | ☐ 现场 网上 | ☐ 电话会议 | | 参与单位名称及人员 姓名 | 线上参与业绩说明会的投资者 | | | 时间 | 2024年10月15日 | 15:30-17:00 | | 地点 | ...

证券代码：300446 证券简称：航天智造 公告编号：2024-069 航天智造科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------------|------------------------------------------------------------------------------------|-------------------------------------------------------------------| | | | | | | ☐ 特定对象调研 | ☐ 分析师会议 | | | ☐ 媒体采访 | 业绩说明会 | | 投资者关系活动类别 | ☐ 新闻发布会 | ☐ 路演活动 | | | ☐ 现场参观 | | | | ☐ | 其他（请文字说明其他活动内容） | | 形式 | ☐ 现场 网上 | ☐ 电话会议 | | 参与单位名称及人员 姓名 | 线上参与业绩说明会的投资者 | | | 时间 | 2024年10月15日 | 15:30-17:00 | | 地点 | （ https://ir.p5w ...