Group 1 - The company, Xin Jing Gang (300629), focuses on the core business of radio frequency modules and components [1] - The design of components and modules is fully controllable and independent [1] - The chips used internally have achieved 100% localization [1]

Core Viewpoint - The aerospace ETF Tianhong (159241) has shown significant growth in both scale and share, indicating strong investor interest in the aerospace sector, particularly in companies involved in advanced technologies and military applications [3][4]. Group 1: ETF Performance - As of September 18, 2025, the aerospace ETF Tianhong (159241) increased by 1.23%, with a turnover of 8.78% and a transaction volume of 39.2827 million yuan [3]. - The ETF has seen a weekly scale growth of 2.4731 million yuan, ranking first among comparable funds, and a share increase of 5 million units [3]. - In the last three days, the ETF attracted a net inflow of 11.2857 million yuan [3]. Group 2: Sector Highlights - The aerospace ETF Tianhong (159241) closely tracks the National Aerospace and Aviation Industry Index, which includes sectors such as aerospace equipment, military electronics, and satellite internet, highlighting the high-tech barriers and strong R&D attributes of these industries [4]. - Hefei Xinghuo Space Technology Co., Ltd. recently completed a 55 million yuan angel round financing, with total financing nearing 100 million yuan, focusing on the development of China's first electric cycle liquid launch vehicle [5]. - The Chinese low-altitude economy market is projected to reach 1.5 trillion yuan by 2025 and 3.5 trillion yuan by 2035, with financial institutions actively investing in this emerging sector [5]. Group 3: Institutional Insights - Zhonghang Securities emphasizes that satellite internet can extend traditional internet services to broader areas, facilitating information integration and breaking down service barriers, thus creating new opportunities for industry development [6]. - The integration of satellite internet with low-altitude economy, vehicle networking, and other new fields can enhance communication and operational capabilities [6].

Company Overview - Guangdong Xinjingang Technology Co., Ltd. is located in Nanhai District, Foshan City, Guangdong Province, and was established on December 9, 1998. The company went public on March 24, 2017. Its main business involves the research, development, production, and sales of high-performance metal matrix composites and products, as well as military electronic information industry [1] - The company's revenue composition is as follows: 95.11% from RF microwave products, 4.30% from materials for special applications, and 0.58% from other sources [1] Stock Performance - On September 18, Xinjingang's stock rose by 5.08%, reaching a price of 20.89 CNY per share, with a trading volume of 175 million CNY and a turnover rate of 3.95%. The total market capitalization is 5.252 billion CNY [1] Shareholder Information - Longcheng Fund has a fund that ranks among the top ten circulating shareholders of Xinjingang. The Longcheng Jiujia Innovation Growth Mixed A Fund (004666) entered the top ten circulating shareholders in the second quarter, holding 2.5 million shares, which accounts for 1.15% of the circulating shares. The estimated floating profit today is approximately 2.5251 million CNY [2] - The Longcheng Jiujia Innovation Growth Mixed A Fund was established on July 5, 2017, with a latest scale of 2.051 billion CNY. Year-to-date returns are 36.08%, ranking 2156 out of 8172 in its category; one-year returns are 114.88%, ranking 333 out of 7980; and since inception, returns are 120.94% [2] Fund Management - The fund manager of Longcheng Jiujia Innovation Growth Mixed A Fund is You Guoliang. As of the report date, You has served for 5 years and 332 days, with the fund's total asset size at 3.805 billion CNY. The best fund return during his tenure is 143.56%, while the worst return is -15.93% [3]

证券代码：300629 证券简称：新劲刚 公告编号：2025-055 广东新劲刚科技股份有限公司 关于参加广东辖区 2025 年投资者 网上集体接待日活动的公告 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 特此公告。 广东新劲刚科技股份有限公司董事会 2025 年 9 月 17 日 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，广东新劲刚科技股份有限公司（以下简 称"公司"）将参加由广东证监局、广东上市公司协会联合开展的"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"，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）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。届时公司高管将在线就 2025 年半年度业绩、公司治理、发展 战略、经营状况等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资 者踊跃参与！ ...

Group 1 - The core viewpoint of the article is that the company, Xin Jing Gang, experienced a significant increase in revenue in the second quarter of 2025 due to a surge in demand from downstream customers and improvements in the sales contract approval process [1] - The company's revenue for the second quarter of 2025 increased by 145.56% compared to the first quarter of 2025 [1] - The increase in business scale is attributed to the concentration of downstream customer demand being released in the first half of 2025 [1]

Group 1 - The company, Xin Jing Gang (300629), reported that as of August 29, 2025, the number of shareholders is 25,135 [1]

Core Viewpoint - The company has mastered millimeter-wave technology and possesses related products in this field [1] Group 1: Company Developments - The company's millimeter-wave products are primarily applied in communication-related fields, including KA satellite communication transceiver components and millimeter-wave frequency conversion components [1] - Currently, the company has not ventured into millimeter-wave radar products [1]

Core Viewpoint - The company acknowledges that its operational performance is influenced by multiple factors such as market environment and industry competition, leading to a degree of uncertainty regarding growth [1] Group 1: Company Strategy - The company will continue to focus on its core business and enhance production and management practices [1] - The company aims to promote high-quality development through improved lean management and technological innovation [1] - The goal is to achieve better operational results to reward investors [1]

Core Viewpoint - The company, Xin Jing Gang (300629), has a sufficient order backlog, including formal contracts and intended orders, and is operating at full capacity in both R&D and production, with projects progressing as planned [1] Group 1 - The company confirmed that it has a robust order reserve, which includes both formal contracts and intended orders [1] - R&D and production processes are running at full capacity and efficiency [1] - Projects are advancing steadily according to the planned schedule [1]

Group 1 - The company has mastered millimeter-wave technology and possesses related products in this field [2] - Current applications of the company's millimeter-wave products are primarily in communication-related areas, such as KA satellite communication transceiver components and millimeter-wave frequency conversion components [2] - The company has not yet ventured into millimeter-wave radar products [2]