Core Insights - The report identifies a new cycle in China's defense equipment construction driven by "steady growth in traditional military industry" and "rapid development of civilian conversion of military technology" [4] - Traditional military industry is expected to continue its systematic and long-term progress, supported by key milestones such as the centenary of the People's Liberation Army in 2027 and the modernization goals by 2035 [4] - The civilian conversion of military technology is accelerating, creating new growth opportunities in various emerging industries, significantly enhancing the industry's elasticity [4] Group 1: Domestic and International Market Dynamics - The domestic market is expected to stabilize, while the international market presents new expansion opportunities for military trade [5][17] - The "14th Five-Year Plan" is initiating a new construction cycle, with a focus on enhancing military capabilities through mechanization and information technology [7][19] - The military trade landscape is evolving, with a shift towards a more integrated and systematic approach to military exports [52][56] Group 2: Military Technology Spillover - Military technology is increasingly spilling over into civilian applications, broadening the growth space and enhancing elasticity in the military industry [70][73] - Key areas of focus include commercial aerospace, advanced aircraft engines, controllable nuclear fusion, and deep-sea technology, which are expected to drive long-term growth [4][80] - The report emphasizes the importance of technological breakthroughs and cost reductions in facilitating the transition from military to civilian applications [76] Group 3: Investment Opportunities - The report highlights specific sectors for investment, including commercial aerospace, the dual-use aircraft industry, and controllable nuclear fusion [4][19] - The commercial aerospace sector is positioned for rapid growth, supported by national policies that prioritize aerospace as a key emerging industry [80][82] - The dual-use aircraft industry is expected to benefit from a resonance of military and commercial development, enhancing overall market potential [4][19]

本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 证券代码：301117 证券简称：佳缘科技 公告编号：2026-005 佳缘科技股份有限公司 关于股东询价转让结果报告书暨持股 5%以上股东 权益变动触及 5%整数倍的提示性公告 股东王进保证向佳缘科技股份有限公司（以下简称"佳缘科技""上市公司" "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。 1、出让方王进（以下简称"出让方"）为上市公司控股股东、实际控制人、 持股 5%以上股东、董事长；本次权益变动方式为询价转让；本次权益变动后， 王进及其一致行动人合计持股比例由 37.72%下降至 34.72%（以下简称"本次权 益变动"），权益变动触及 5%的整数倍；本次权益变动不会导致公司控股股东 及实际控制人发生变化，不会对公司治理结构及持续经营产生重大影响； 2、本次询价转让为非公开转让的询价转让方式，不会通过集中竞价或大宗 交易方式进行，不触及要约收购。受让方通过询价转让受让的股份，在受让后 6 个月内不得转让； 3、出让方王进本次询价转让股份数量为 3,875,059 股，占公司总股本的 ...

华泰联合证券有限责任公司 关于佳缘科技股份有限公司股东 向特定机构投资者询价转让股份的核查报告 深圳证券交易所： 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"组织券商"） 受委托担任王进（以下简称"出让方"）以向特定机构投资者询价转让（以下 简称"询价转让"）方式减持所持有的佳缘科技股份有限公司（以下简称"公 司"或"佳缘科技"）首次公开发行前已发行股份的组织券商。 经核查，华泰联合证券就本次询价转让的出让方、受让方是否符合《深圳 证券交易所上市公司自律监管指引第16号——创业板上市公司股东询价和配售 方式转让股份（2025年修订）》（以下简称"《指引第16号》"）要求，本次 询价转让的询价、转让过程与结果是否公平、公正，是否符合《指引第16号》 的规定作出如下报告说明。 一、本次询价转让概况 （一）本次询价转让出让方 截至2026年3月4日出让方所持公司首发前股份情况具体如下： | 序号 | 股东名称 | 转让股份数量 | 占公司总股本 | 占出让方所持 | 转让股份来源 | | --- | --- | --- | --- | --- | --- | | | | （股） | 比例 | 股份的比例 ...

通讯地址：成都高新区天辰路 333 号 2 栋 3 层 1 号 股份变动性质：股份减少（询价转让） 签署日期：2026 年 3 月 10 日 1 股票上市地：深圳证券交易所 股票简称：佳缘科技 股票代码：301117.SZ 佳缘科技股份有限公司 简式权益变动报告书 上市公司：佳缘科技股份有限公司 信息披露义务人 1：王进 通讯地址：成都市锦江区牛王庙巷****** 信息披露义务人 2： 成都佳多吉商务信息咨询中心（有限合伙） 信息披露义务人声明 一、本报告书系信息披露义务人依据《中华人民共和国公司法》（以下简称 "《公司法》"）《中华人民共和国证券法》（以下简称"《证券法》"）《上市公司 收购管理办法》（以下简称"《收购管理办法》"）《公开发行证券的公司信息披露 内容与格式准则第 15 号——权益变动报告书》（以下简称"《准则 15 号》"）等 相关法律、法规和规范性文件编制。 二、信息披露义务人签署本报告书已获得必要的授权和批准，其履行亦不违 反信息披露义务人公司章程或内部规则中的任何条款，或与之相冲突。 三、依据《公司法》《证券法》《收购管理办法》《准则 15 号》，本报告书已 全面披露了信息披露义务人所 ...

Summary of Key Points from Conference Call Records Industry Overview - The aerospace industry has been explicitly identified as a "pillar industry" in the government work report dated March 5, marking a significant recognition of its importance in the national economic strategy [1] - The report emphasizes the acceleration of satellite internet development, further solidifying aerospace and satellite internet as key focus areas during the 14th Five-Year Plan period [1] Core Insights and Arguments - The government report highlights the need for high-level technological self-reliance and strength, indicating a strategic shift towards enhancing domestic capabilities in critical technology sectors [1] - A "green channel" mechanism for listing financing and mergers and acquisitions for key technology enterprises is proposed, which could facilitate faster capital access and growth for companies in the aerospace sector [1] Investment Opportunities - The commercial aerospace sector is experiencing accelerated growth, with a focus on reusable rockets and other catalysts driving industry momentum [2] - Key industry players and investment targets have been identified across various segments of the aerospace supply chain: - **Rocket Launch**: Guojijiang Engineering, Chaojie Co., Gaohua Technology - **Baseband Routers**: Zhenlei Technology, Xinke Mobile, Fenghuo Communication, Shanghai Hantong, Fudan Microelectronics (FPGA), Nanjing Panda - **Phased Array and RF**: Zhenlei Technology, Chengchang Technology, Tongyu Communication, Canqin Technology, Aerospace Huanyu, Guobo Electronics - **Satellite Platforms**: Guojijiang Engineering, Aerospace Zhizhuang, Qianzhao Optoelectronics, Tianyin Electromechanical, Zhimingda - **Information Encoding**: Jiayuan Technology - **Ground Stations**: Zhenyou Technology, Xinke Mobile - **Satellite Terminals**: Haige Communication, Xinwei Communication, Mengsheng Electronics - **Satellite Testing**: Xice Testing, Sikrui [2] Additional Important Insights - The emphasis on the aerospace industry as a pillar suggests potential government support and funding, which could lead to increased investment and innovation in this sector [1] - The identification of specific companies within the supply chain indicates a strategic approach to investment, focusing on firms that are likely to benefit from government initiatives and industry growth [2]

重要内容提示： 根据2026年3月5日询价申购情况，初步确定的本次询价转让价格为43.59元/ 股。 本次询价转让为非公开转让，不会通过集中竞价交易方式进行。受让方通过 询价转让受让的股份，在受让后6个月内不得转让。 证券代码：301117 证券简称：佳缘科技 公告编号：2026-004 佳缘科技股份有限公司 股东询价转让定价情况提示性公告 股东王进保证向佳缘科技股份有限公司提供的信息内容不存在任何虚假记 载、误导性陈述或者重大遗漏，并对其真实性、准确性和完整性依法承担法律 责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 （二）本次询价转让不涉及公司控制权变更，不会影响公司治理结构和持续经 营。 特此公告。 一、本次询价转让初步定价 （一）经向机构投资者询价后，初步确定的转让价格为43.59元/股。 （二）本次询价转让收到有效报价单共37份，涵盖基金管理公司、合格境外机 构投资者、证券公司、私募基金管理人等专业机构投资者。 参与本次询价转让报价的机构投资者合计有效认购股份数量为9,890,000股，对 应的有效认购倍数为2.55倍。 （三）本次询价转让拟转让股份已获全额认购，初步 ...

华泰联合证券有限责任公司 关于佳缘科技股份有限公司股东 向特定机构投资者询价转让股份 相关资格的核查意见 （深圳市前海深港合作区南山街道桂湾五路 128 号前海深港基金小镇 B7 栋 401） 华泰联合证券接受出让方关于本次询价转让的委托，为其组织实施本次询价 转让。 华泰联合证券有限责任公司（以下简称"华泰联合证券"）受佳缘科技股份 有限公司（以下简称"佳缘科技"）股东王进（以下简称"出让方"）委托，组织 实施本次佳缘科技首发前股东向特定机构投资者询价转让（以下简称"本次询价 转让"）。 根据《上市公司股东减持股份管理暂行办法》《深圳证券交易所创业板股票 上市规则（2025 年修订）》《深圳证券交易所上市公司自律监管指引第 18 号—— 股东及董事、高级管理人员减持股份（2025 年修订）》《深圳证券交易所上市公司 自律监管指引第 16 号——创业板上市公司股东询价和配售方式转让股份（2025 年修订）》（以下简称"《指引第 16 号》"）等相关规定，华泰联合证券对参与本次 询价转让股东的相关资格进行核查，并出具本核查意见。 一、本次询价转让的委托 二、关于参与本次询价转让股东相关资格的核查情况 （一）核查 ...

证券代码：301117 证券简称：佳缘科技 公告编号：2026-003 佳缘科技股份有限公司 股东询价转让计划书 股东王进保证向佳缘科技股份有限公司（以下简称"佳缘科技""公司"或"本 公司"）提供的信息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其真 实性、准确性和完整性依法承担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 一、拟参与转让的股东情况 （一）出让方的名称、持股数量、持股比例 出让方委托华泰联合证券有限责任公司（以下简称"华泰联合证券" 或"组 织券商"）组织实施佳缘科技首发前股东询价转让（以下简称"本次询价转让"）。 截至2026年3月4日，出让方所持首发前股份的数量、占公司总股本比例情况如下： | 序号 | 股东名称 | 持股数量（股） | 持股占总股本比例 | | | --- | --- | --- | --- | --- | | 1 | 王进 | 48,671,700 | | 37.68% | （二）关于出让方是否为公司控股股东、实际控制人、持股5%以上的股东、 董事、高级管理人员 （一）本次询价转让的基本情况 本次询价转让股份的 ...

Financial Performance - The estimated net profit for 2025 is projected to be negative, specifically -41.47 million CNY, compared to -20.89 million CNY in the same period last year [3][4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be -56.09 million CNY, a decline from -28.25 million CNY year-over-year [4]. Revenue and Margin - Total revenue showed slight growth; however, revenue and gross margin from military-related business decreased compared to the previous year [6]. - Adjustments in product pricing are expected to reduce current operating revenue and net profit attributable to shareholders by approximately 20 million to 30 million CNY [6]. Non-Recurring Items - Non-recurring gains and losses are anticipated to impact the net profit attributable to shareholders by approximately 7 million to 20 million CNY, primarily due to changes in fair value [6]. Forecast and Audit - The performance forecast is based on preliminary calculations by the finance department and has not been audited by the accounting firm, indicating potential discrepancies with the final data in the annual report [7].

Group 1 - The core viewpoint of the news is that Jiarun Technology has shown significant trading activity, with a notable increase in financing and a decrease in the number of circulating shares per shareholder [1][2]. - On January 22, Jiarun Technology's stock rose by 2.60%, with a trading volume of 831 million yuan. The financing buy-in amount was 56.48 million yuan, while the financing repayment was 66.66 million yuan, resulting in a net financing outflow of 10.18 million yuan [1]. - As of January 22, the total financing and securities lending balance for Jiarun Technology was 299 million yuan, accounting for 3.66% of its market capitalization, indicating a high level of financing activity compared to the past year [1]. Group 2 - As of September 30, the number of shareholders for Jiarun Technology increased by 26.00% to 17,400, while the average circulating shares per shareholder decreased by 20.64% to 4,568 shares [2]. - For the period from January to September 2025, Jiarun Technology reported a revenue of 203 million yuan, representing a year-on-year growth of 4.22%. However, the net profit attributable to the parent company was -9.57 million yuan, showing a significant increase in losses by 46.43% compared to the previous year [2]. - Jiarun Technology has distributed a total of 52.59 million yuan in dividends since its A-share listing, with 15.68 million yuan distributed over the past three years [3].