Core Viewpoint - The company is actively monitoring the development of 6G communication technology, which is currently in the research and exploration phase, and is assessing potential applications and market opportunities [1] Group 1: Company Position - The company has not yet applied its radio frequency products to any practical scenarios related to 6G technology [1] - The company plans to leverage its technological expertise and business layout to explore potential collaborations and applications in the 6G field [1] Group 2: Industry Context - 6G communication technology is still in the early stages of technological reserve and research exploration [1] - The company is committed to closely tracking trends and developments in the 6G technology landscape [1]

Core Points - The stock price of New Jingang increased by 2.05% on November 19, reaching 19.42 CNY per share, with a total market capitalization of 4.883 billion CNY [1] - The company has experienced a year-to-date stock price decline of 9.68%, but has seen a 3.79% increase over the last five trading days [1] - New Jingang's main business involves the research, development, production, and sales of high-performance metal matrix composites and products, primarily serving the military electronics information industry [1] Financial Performance - For the period from January to September 2025, New Jingang reported a revenue of 270 million CNY, a year-on-year decrease of 33.18%, and a net profit attributable to shareholders of 11.226 million CNY, down 90.04% year-on-year [2] - The company has distributed a total of 103 million CNY in dividends since its A-share listing, with 68.081 million CNY distributed over the past three years [3] Shareholder Information - As of October 31, 2025, the number of shareholders for New Jingang decreased by 2.82% to 23,500, while the average number of circulating shares per person increased by 2.90% to 9,215 shares [2] - Notable changes in institutional holdings include a significant reduction in shares held by Huashang Advantage Industry Mixed Fund, while Guangfa Advantage Growth Stock Fund entered the top ten shareholders [3]

Core Viewpoint - The stock price of New Jingang has experienced a decline of 11.54% year-to-date, with a recent drop of 2.01% on November 18, 2023, indicating potential challenges in the company's market performance [1][2]. Company Overview - New Jingang Technology Co., Ltd. is located in Foshan, Guangdong Province, and was established on December 9, 1998, with its IPO on March 24, 2017 [2]. - The company specializes in the research, development, production, and sales of high-performance metal matrix composites and products, primarily serving the military electronics information industry [2]. - The revenue composition includes 95.11% from RF microwave products, 4.30% from special application materials, and 0.58% from other sources [2]. Financial Performance - For the period from January to September 2025, New Jingang reported a revenue of 270 million yuan, a year-on-year decrease of 33.18%, and a net profit attributable to shareholders of 11.23 million yuan, down 90.04% year-on-year [2]. - Cumulatively, the company has distributed 103 million yuan in dividends since its A-share listing, with 68.08 million yuan distributed over the past three years [3]. Shareholder and Market Activity - As of October 31, 2025, the number of shareholders decreased by 2.82% to 23,500, with an average of 9,215 circulating shares per person, an increase of 2.90% [2]. - Major shareholders include Huashang Advantage Industry Mixed A and Guangfa Advantage Growth Stock A, with significant changes in holdings noted [3].

证券日报网讯新劲刚（300629）11月13日在互动平台回答投资者提问时表示，公司股东人数除在每季度 末定期报告中公开外，每月底会提供一次查询服务。截至2025年10月31日，公司股东户数为23525户。 ...

Core Viewpoint - The company has successfully developed and delivered low-altitude defense products, particularly micro-target detection radars, which can identify and track multiple drone targets simultaneously [2] Group 1: Product Capabilities - The company’s micro-target detection radar can simultaneously identify up to 200 drone targets and track 4 targets at the same time [2] - The company has established a comprehensive production system for drone detection and countermeasure technologies, ensuring stable supply of micro-target detection radars, radio detection equipment, and drone countermeasure products [2] Group 2: Market Demand and Solutions - The company’s solutions cater to various scenarios, providing diversified and high-performance options to meet market demands for drone monitoring and countermeasures [2] - The company’s technologies have matured and are applied in key areas such as reconnaissance drone support, radar detection, and electronic interference [2]

Group 1 - The CN5082 Aerospace Industry Index increased by 0.68%, with notable stock performances from Tian'ao Electronics (up 10.01%), Hangxin Technology (up 4.16%), and Zhenxin Technology (up 3.83%) [1] - The eVTOL industry is experiencing a surge in orders, with Volant receiving 95 eVTOL orders worth 2.375 billion yuan and Yufeng Future securing 200 orders totaling over 2 billion yuan [1] - Aerial Solutions from Saudi Arabia signed a procurement agreement for 100 M1 cargo aircraft with Yufeng Future, indicating international interest in the eVTOL market [1] Group 2 - CICC forecasts that the aerospace and defense industry will maintain high prosperity due to the core equipment iteration and production ramp-up driven by national defense modernization goals [2] - The Aerospace ETF (159227) closely tracks the CN5082 index, with a high concentration of military industry stocks (98.2%), covering key sectors such as aerospace equipment, satellite navigation, and new materials [2] - The index includes leading companies in the military sector, focusing on emerging fields like large aircraft development and low-altitude economy [2]

Core Viewpoint - The company has successfully delivered low-altitude related products primarily aimed at the civil low-altitude defense sector, including micro-target detection radars capable of identifying 200 targets simultaneously and tracking 4 targets at once [1] Group 1: Product Offerings - The company's low-altitude products include micro-target detection radars designed for civil low-altitude defense, which can identify 200 targets at the same time and track 4 targets simultaneously [1] - The company has developed mature technologies for drone detection and countermeasures, covering key areas such as reconnaissance drone support, radar detection, and electronic interference [1] Group 2: Production and Supply Chain - A complete production system has been established in the field of countering drones and detecting "low, slow, small" targets, ensuring a stable supply of micro-target detection radars, radio detection equipment, and drone countermeasure products [1] - The company provides diversified and high-performance solutions for various scenarios, fully meeting market demands for drone monitoring and countermeasures [1]

Core Viewpoint - The company, Xin Jing Gang, reported significant growth in new orders for the first three quarters of 2025, despite facing delays in contract approvals and acceptance from downstream clients due to short-term industry adjustments [2] Group 1: Company Performance - New orders, including formal contracts and intended orders, have seen substantial year-on-year growth [2] - The production side is operating at full capacity [2] - The recognition of revenue is impacted by the extended approval and acceptance cycles from clients, although improvements have been noted in the third quarter [2] Group 2: Financial Management - The progress of converting contract liabilities into recognized revenue depends on the signing and acceptance timelines from downstream clients [2] - The company is actively working on accounts receivable issues by enhancing client engagement, optimizing the entire collection process, and improving risk management mechanisms [2] - The company is focused on strengthening cash flow levels through these initiatives [2] Group 3: Future Outlook - The company is unable to provide specific forecasts for the full-year performance of 2025 due to multiple influencing factors, including the recovery pace of the downstream industry, order fulfillment efficiency, and collection progress [2]

Core Points - New Jingang announced a change in its continuous supervision sponsor representatives due to personnel changes at the underwriting institution [2] - Guolian Minsheng Securities has completed its merger with Minsheng Securities, leading to the integration of underwriting and sponsorship business into its wholly-owned subsidiary [2] - Liu Yuting and Wang Lei have been appointed as the new continuous supervision sponsor representatives for New Jingang's 2023 stock issuance project [2] Summary by Sections - **Company Announcement** - New Jingang received a letter from Guolian Minsheng Securities regarding the change of continuous supervision sponsor representatives [2] - The legal duration for continuous supervision is until December 31, 2026 [2] - **Institutional Changes** - Guolian Minsheng Securities has merged with Minsheng Securities, resulting in a restructuring of the underwriting and sponsorship business [2] - The new representatives, Liu Yuting and Wang Lei, will take over the responsibilities from the previous representatives [2]

证券代码：300629 证券简称：新劲刚 公告编号：2025-061 广东新劲刚科技股份有限公司 关于变更持续督导保荐代表人的公告 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。 广东新劲刚科技股份有限公司（以下简称"公司"）于近日收到保荐机构国 联民生证券承销保荐有限公司（以下简称"国联民生承销保荐"）出具的《关于 变更持续督导保荐代表人的函》。民生证券股份有限公司（以下简称"民生证券"） 为公司 2023 年度以简易程序向特定对象发行股票项目的保荐机构，李东茂先生 和张春晖先生为公司持续督导保荐代表人，法定持续督导期限至 2026 年 12 月 31 日。国联民生证券股份有限公司已完成对民生证券的合并，承销保荐业务整 合进入全资子公司国联民生承销保荐，故国联民生承销保荐成为公司 2023 年度 以简易程序向特定对象发行股票项目的持续督导保荐机构。 由于李东茂先生和张春晖先生工作发生变动，不再继续担任公司持续督导的 保荐代表人，为保证持续督导工作的有序进行，国联民生承销保荐决定委派刘愉 婷女士和王雷先生（简历详见附件）接替李东茂先生和张春晖先生的工作，继续 ...