证券代码：301522 证券简称：上大股份 公告编号：2025-044 公司拟将中文名称由"中航上大高温合金材料股份有限公司"变更为"中和 上大高温合金材料股份有限公司"（最终以市场监督管理部门核准的名称为准）； 公司英文名称原已考虑海外市场拓展的便利，保持"SHANGDA SUPERALLOYS CO.,LTD."不变，公司证券简称和证券代码保持不变。 中航上大高温合金材料股份有限公司 第二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。 一、董事会会议召开情况 中航上大高温合金材料股份有限公司（以下简称"公司"）第二届董事会第 十二次会议于 2025 年 12 月 22 日 9 时在公司以通讯方式召开。会议通知已于 2025 年 12 月 10 日通过邮件的方式送达各位董事。本次会议应出席董事 11 名，实际 出席董事 11 名。本次会议由公司董事长栾东海先生主持，公司高级管理人员列 席会议。本次会议的召集、召开和表决程序符合《中华人民共和国公司法》和《公 司章程》等有关规定。 二、董事会会议审议情况 （一）审议通过《关于变更公 ...

中和上大高温合金材料股份有限公司 章 程 2025 年 12 月 | | | 中和上大高温合金材料股份有限公司 章程 第一章 总则 第一条 为维护中和上大高温合金材料股份有限公司（以下简称"公司"）、股 东、职工和债权人的合法权益，规范公司的组织和行为，公司依据《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》"）和其他有关规定，制定本章程。 第二条 公司系依照《公司法》和其他有关法律法规的规定，由中航上大高温合 金材料有限公司按经审计的账面净资产折股整体变更设立的股份有限公司。公司在邢 台 市 行 政 审 批 局 注 册 登 记 ， 依 法 取 得 营 业 执 照 ， 统 一 社 会 信 用 代 码:911305346652950774。 第三条 公司于 2024 年 6 月 17 日经深圳证券交易所（以下简称"深交所"）审 核并经中国证券监督管理委员会（以下简称"中国证监会"）注册同意，首次向社会 公众发行人民币普通股 92,966,667 股，于 2024 年 10 月 16 日在深交所创业板上市。 第四条 公司名称 中文全称：中和上大高温合金材料股份 ...

截至9月30日，上大股份股东户数2.55万，较上期减少1.12%；人均流通股2914股，较上期增加1.13%。 2025年1月-9月，上大股份实现营业收入18.05亿元，同比减少4.10%；归母净利润7658.01万元，同比减 少38.60%。 分红方面，上大股份A股上市后累计派现4350.84万元。 机构持仓方面，截止2025年9月30日，上大股份十大流通股东中，国泰中证军工ETF（512660）位居第 二大流通股东，持股73.54万股，相比上期减少11.53万股。南方中证1000ETF（512100）位居第三大流 通股东，持股67.88万股，相比上期减少1.22万股。南方中证申万有色金属ETF发起联接A（004432）位 居第四大流通股东，持股59.72万股，相比上期增加32.15万股。华夏中证1000ETF（159845）位居第六 大流通股东，持股40.42万股，相比上期增加1727.00股。广发中证军工ETF（512680）位居第七大流通 股东，持股39.65万股，相比上期增加8.38万股。广发中证1000ETF（560010）位居第十大流通股东，持 股31.14万股，相比上期减少1.52万股。香港中 ...

证券日报网讯12月18日，上大股份（301522）在互动平台回答投资者提问时表示，在海外航空航天领 域，公司已通过GE、赛峰、霍尼韦尔等国际航空企业的资质认证，并建立了合作关系。 ...

证券日报网讯12月18日，上大股份（301522）在互动平台回答投资者提问时表示，在航天领域，公司现 已取得航天科技（000901）/航天科工集团下属院所及蓝箭航天、九州云箭等主要商业航天企业的资质 认证，并长期稳定批产供货。半导体领域，公司研发的新材料产品，可用于半导体设备制造，目前公司 与国内某主要半导体设备制造企业进行开发合作，产品验证进展顺利。 ...

Investment Rating - The report gives an "Accumulate" investment rating for the company [3]. Core Insights - The company is a leading enterprise in the domestic high-temperature alloy recycling technology, focusing on high-return recycling of high-temperature alloys and key strategic material import substitution [5][11]. - The company has shown significant breakthroughs in the preparation of high-temperature alloy recycling and has a strong market potential across multiple industries, including aerospace, gas turbines, and nuclear engineering [5][11]. - The company’s revenue is projected to grow from 26.57 billion yuan in 2025 to 35.60 billion yuan in 2027, with corresponding net profits of 1.19 billion yuan and 2.09 billion yuan respectively [5][6]. Financial Data and Valuation - Total revenue (in million yuan) for the years 2023 to 2027 is projected as follows: 2035, 2508, 2657, 3043, and 3560, with year-on-year growth rates of 58%, 23%, 6%, 15%, and 17% respectively [2]. - The company’s net profit for the same period is expected to be 151 million, 162 million, 119 million, 159 million, and 209 million yuan, with corresponding year-on-year growth rates of 41%, 7%, -26%, 34%, and 32% [6]. - The company’s current market capitalization is 12.6 billion yuan, with a circulating market value of 9.5 billion yuan [3]. Company Overview - The company, established in August 2007, is a key production and R&D base for high-end equipment manufacturing materials in China, focusing on high-temperature alloys and special alloy materials [11]. - The company has a diverse shareholding structure, with the main shareholder holding 15.13% of the shares [3][11]. - The company’s main products include high-temperature alloys, high-performance alloys, and high-quality special stainless steels, which are crucial for various high-end industries [17][21]. Market Demand and Growth Potential - The demand for high-temperature alloys is expected to grow significantly due to increasing defense budgets, military aircraft upgrades, and the acceleration of domestic engine replacements in the civil aviation sector [5][11]. - The aerospace sector is projected to see a rise in the number and quality of rocket launches, leading to increased demand for high-temperature alloys used in rocket engines [5][11]. - The nuclear power sector is also expected to grow rapidly due to the acceleration of nuclear power station construction and equipment exports [5][11]. Technology and Competitive Advantage - The company has developed advanced recycling technologies that significantly reduce costs and improve efficiency, achieving a quality and stability level that surpasses new materials [5][11]. - The company’s high-temperature alloy products are primarily deformation alloys, which are widely used in critical components for aerospace, nuclear engineering, and gas turbines [5][11]. - The company has established itself as a leader in the domestic market for high-temperature alloy recycling technology, with a focus on achieving high-value, high-efficiency, and high-technology recycling of strategic materials [5][11].

Core Viewpoint - The company has obtained certification from major commercial aerospace enterprises and is engaged in the production of critical components for space applications [1] Group 1: Company Achievements - The company has received qualification certifications from aerospace technology and aerospace industry groups, including Blue Arrow Aerospace and Jiuzhou Cloud Arrow [1] - The company has established a long-term stable production and supply chain for its products [1] Group 2: Product Applications - The company's products are primarily used in the manufacturing of solid rocket motor casings, liquid rocket engine hot-end components, rocket balance rudder shafts, and other high-temperature, high-strength critical components for spacecraft [1]

Group 1 - The company has obtained certification from international aerospace firms such as GE, Safran, and Honeywell, establishing cooperative relationships in the overseas aerospace sector [2] - The company plans to continue deepening overseas business cooperation and steadily advancing its overseas market layout [2]

Core Viewpoint - The company has established partnerships with international aerospace firms and aims to deepen its overseas business cooperation and market presence [2][4] Group 1: International Partnerships - The company has obtained certifications from major international aerospace companies such as GE, Safran, and Honeywell [2][4] - These certifications have enabled the company to build collaborative relationships in the overseas aerospace sector [2][4] Group 2: Future Business Strategy - The company plans to continue enhancing its overseas business cooperation [2][4] - There is a focus on steadily advancing its overseas market layout [2][4]

Core Viewpoint - The defense and military industry is experiencing a significant surge, driven by themes such as commercial aerospace, controllable nuclear fusion, and superconductivity, leading to a new high for the popular defense military ETF (512810) [1][7]. Group 1: ETF Performance - The defense military ETF (512810) closed at a new high, marking a 2.59% increase over the week, significantly outperforming the Shanghai Composite Index (-0.34%) and the CSI 300 Index (-0.08%) [2][8]. - The ETF has achieved three consecutive weeks of gains, with a total trading volume of 409 million yuan for the week, indicating a substantial increase in trading activity compared to the previous week [2][8]. Group 2: Stock Performance - Notable stocks within the ETF include: - Western Materials (002149) with a 10.00% increase, closing at 28.93 yuan and a trading volume of 454.3 million yuan [2][8]. - Sichuan Jiuzhou (000801) rose by 9.98%, closing at 17.85 yuan with a trading volume of 2.258 billion yuan [2][8]. - Aerospace Development (000547) increased by 5.23%, closing at 21.31 yuan with a trading volume of 10.752 billion yuan [2][8]. Group 3: Industry Trends - The defense and military sector is witnessing a rebound from previous lows, primarily driven by the accelerated development of new domains and technologies, including commercial aerospace and future energy [4][10]. - The industry is evolving from a reliance on domestic demand to a new development model characterized by three driving forces: domestic demand foundation, foreign trade expansion, and civilian-military integration [4][10]. - Analysts predict that the military industry will stabilize and improve, with a potential resurgence in demand expected in 2025, coinciding with the start of the new five-year plan in 2026 [4][10]. Group 4: Investment Opportunities - The defense military ETF (512810) serves as an efficient investment tool, covering various hot themes such as commercial aerospace, controllable nuclear fusion, and military AI, making it a one-click investment option for core assets in the defense sector [5][11].