关于公司总经理辞职及聘任总经理的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 证券代码：301306 证券简称：西测测试 公告编号：2025-054 西安西测测试技术股份有限公司 王永峰先生具备与其行使职权相适应的任职条件，不存在《公司法》《深圳 证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》以及其 他法律、法规、规范性文件或《公司章程》规定的不得担任公司高级管理人员的 情形，其任职资格和聘任程序符合相关法律法规、规范性文件要求及《公司章程》 的规定。 公司于 2025 年 10 月 27 日召开第二届董事会第二十七次会议，审议通过了 《关于聘任公司总经理的议案》，经公司董事长提名，董事会提名委员会资格审 查，董事会同意聘任王永峰先生（简历附后）为公司总经理，任期自本次董事会 审议通过之日起至第二届董事会任期届满之日止。 一、关于公司总经理辞职的情况 特此公告。 西安西测测试技术股份有限公司（以下简称"公司"）董事会于近日收到公司 董事长、总经理李泽新先生提交的书面辞职报告。为更好地履行董事长职责，将 更多精力投入到公司战略规划、 ...

为使投资者全面了解公司 2025 年前三季度的经营成果及财务状况，公司 《2025 年第三季度报告》于 2025 年 10 月 29 日在中国证券监督管理委员会指定 的创业板信息披露网站巨潮资讯网(www.cninfo.com.cn)上进行披露。 敬请广大投资者注意查阅。 特此公告。 西安西测测试技术股份有限公司 董事会 2025 年 10 月 29 日 证券代码：301306 证券简称：西测测试 公告编号：2025-052 西安西测测试技术股份有限公司 2025 年第三季度报告披露提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 西安西测测试技术股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日 召开了第二届董事会第二十七次会议，审议通过了《关于<2025 年第三季度报告> 的议案》。 ...

证券代码：301306 证券简称：西测测试 公告编号：2025-051 西安西测测试技术股份有限公司 第二届董事会第二十七次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，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 西安西测测试技术股份有限公司（以下简称"公司"）第二届董事会第二十七 次会议（以下简称"本次会议"）通知于 2025 年 10 月 22 日以邮件、电话等方式 送达公司全体董事，会议于 2025 年 10 月 27 日以现场结合通讯方式在公司会议 室召开。本次会议应出席董事 9 人，实际出席董事 9 人，其中董事王乾先生、乔 宏元先生、曾柯先生以通讯方式出席。本次会议符合召开董事会会议的法定人数。 本次会议由董事长李泽新先生召集并主持。 本次会议的召集、召开符合《中华人民共和国公司法》等法律、法规、规范 性文件和《公司章程》的有关规定，会议合法有效。 本议案已经第二届董事会审计委员会审议通过。 具体内容详见同日在巨潮资讯网（www.cninfo.com.cn）上披露的《2025 年 第三季度报告》。 表决结果：赞成票 9 票，反对票 0 票，弃权票 0 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥77,497,176.81, a decrease of 14.31% compared to the same period last year[5] - The net profit attributable to shareholders was -¥45,581,245.06, showing a slight increase of 0.16% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥45,877,024.13, an increase of 1.75% compared to the previous year[5] - The company reported a significant reduction in inventory by 54.81%, down to ¥29,627,772.48, primarily due to decreased electronic assembly business[8] - The company received government subsidies amounting to ¥476,045.87 during the reporting period, contributing to its financial performance[6] - The company's tax payable decreased by 45.16% to CNY 1,993,427.54 due to reduced corporate income tax resulting from losses during the reporting period[9] - The company's undistributed profits decreased by 180.46% to CNY -164,720,552.32, primarily due to losses incurred during the reporting period[9] - Net loss for the period was ¥104,464,160.35, compared to a net loss of ¥92,430,187.63 in the previous period, indicating a worsening of approximately 13%[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,580,791,617.51, a decrease of 1.47% from the end of the previous year[5] - The company's total equity attributable to shareholders decreased by 10.01% to ¥915,318,259.74 compared to the end of the previous year[5] - Current liabilities due within one year increased by 250.23% to CNY 145,532,204.42, mainly due to new long-term borrowings maturing within one year[9] - Long-term borrowings increased by 44.26% to CNY 249,301,762.43, attributed to new bank loans during the reporting period[9] - The company's total liabilities increased to ¥640,395,934.31 from ¥563,646,985.44, reflecting a growth of about 14%[20] - The company's total equity decreased to ¥940,395,683.20 from ¥1,040,680,828.10, a decline of approximately 10%[20] Cash Flow - The company's cash flow from operating activities showed a net outflow of -¥21,370,136.76, which is an improvement of 84.49% year-to-date[5] - Cash received from sales and services increased by 48.34% to CNY 225,460,522.77, driven by increased customer payments and the maturity of receivables[10] - Cash paid for purchasing goods and services decreased by 30.21% to CNY 100,410,645.83, mainly due to reduced procurement in the electronic assembly industry[10] - Cash flow from investment activities decreased by 56.74% to CNY 421,000,000.00, primarily due to a reduction in the purchase of financial products during the reporting period[10] - The net increase in cash and cash equivalents was CNY 11,552,564.88, reflecting a 265.48% improvement compared to the previous period[10] - Operating cash inflow totaled $241,130,274.41, an increase from $166,067,628.90 year-over-year[24] - Operating cash outflow amounted to $262,500,411.17, down from $303,878,038.75 year-over-year[24] - Net cash flow from operating activities was -$21,370,136.76, improving from -$137,810,409.85 year-over-year[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,326[12] - The top 10 shareholders hold a total of 34,800,000 shares, with the largest shareholder, Li Zexin, holding 8,712,500 shares[14] - The company reported a total of 45,120,000 restricted shares at the beginning of the period, with all of them released during the current period[14] Operational Insights - The company has not disclosed any new product developments or market expansion strategies during the conference call[14] - Total operating revenue decreased to ¥225,397,231.16 from ¥312,618,441.22, representing a decline of approximately 28% year-over-year[20] - Total operating costs decreased to ¥316,020,316.36 from ¥390,814,149.51, a reduction of about 19% year-over-year[20] - Basic and diluted earnings per share were both reported at -¥1.26, compared to -¥1.12 in the previous period[21] - The company reported a credit impairment loss of ¥6,832,781.33, which improved from a loss of ¥12,303,752.16 in the previous period[20] - Other comprehensive income after tax showed a loss of ¥228,751.67, compared to a loss of ¥149,300.86 in the previous period[21]

Group 1 - The core point of the article indicates that Xicetest reported a revenue of 77.4972 million yuan in the third quarter, representing a year-on-year decline of 14.31% [1] - The net profit for the third quarter was a loss of 45.5812 million yuan [1] - For the first three quarters, the total revenue was 225 million yuan, showing a year-on-year decrease of 27.90% [1] - The net profit for the first three quarters was a loss of 106 million yuan [1]

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | 2025-10-28 | 301306 | 西测测试 | 55.15 | 21.22 | 1,170.10中信建投证券股份 | 国泰海通证券股份 | | | | | | | 有限公司北京东城 | 有限公司上海长宁 | | | | | | | 分公司 | 区江苏路证券营业 | | | | | | | | 86 | | 2025-10-28 | 301306 | 西测测试 | 55.15 | 13.78 | 760.15 中信建投证券股份 | 国泰海通证券股份 | | | | | | | 有限公司北京东城 | 有限公司上海长宁 | | | | | | | 分公司 | 区江苏路证券营业 | | | | | | | | सा | 10月28日，西测测试大宗交易成交35万股，成交额1930.25万元，占当日总成交额的5.42%，成交价 55.15元，较 ...

Investment Rating - The report maintains a "Positive" investment rating for the military industry [2] Core Insights - The report emphasizes the timely achievement of the centenary goal of building a strong military, highlighting the modernization of national defense and military capabilities [13] - It identifies three dimensions—defense budget, military trade, and military-civilian integration—as key areas for growth in the military industry, indicating that the sector still has significant growth potential [20] - The report outlines a new "three-step" strategy for national defense and military modernization, aiming for substantial advancements by 2035 and a world-class military by the mid-21st century [17] Summary by Sections Section 1: National Defense and Military Goals - The Fourth Plenary Session of the 20th Central Committee emphasizes achieving the centenary goal of building a strong military and advancing military modernization [13] - The session outlines a strategic framework for military development, focusing on political, reform, technological, and talent-driven advancements [13] Section 2: Defense Budget and Military Trade - China's defense budget for 2025 is projected at 1.7847 trillion yuan, with a growth rate of 7.2%, which is higher than the GDP growth target [23] - The report notes that China's defense spending as a percentage of GDP has room to grow, with a current ratio lower than that of major Western countries [23][25] - China's military trade share in the global market is approximately 6%, with potential for significant growth if it reaches 10%-20% [28] Section 3: Military-Civilian Integration - The report highlights the commercial aviation sector's potential for growth, estimating that the domestic commercial aircraft market could be 2.5 times the current military aircraft market [33] - It discusses the expected growth in the commercial aerospace sector, driven by advancements in satellite technology and the establishment of large satellite constellations [39] Section 4: Space Industry Development - The Fourth Plenary Session calls for accelerated construction of a strong aerospace nation, with significant investments in commercial space initiatives [39] - The report details plans for multiple large-scale satellite constellations, with significant deployment milestones set for 2025, 2027, and 2030 [52][48] Section 5: Investment Strategy for the Military Industry - The report suggests a focus on companies that enhance product capabilities, market penetration, and customer pricing as key investment targets [71] - It emphasizes the importance of selecting stocks based on their potential for growth in the context of military modernization and technological advancements [71]

Core Insights - The recent announcement from the 20th Central Committee of the Communist Party of China emphasizes the goal of establishing China as a "space power," marking a significant elevation of the aerospace industry to a strategic level [1][4] - Following this announcement, the commercial aerospace sector experienced a positive market reaction, with several stocks reaching their daily limit [1][2] Policy and Market Outlook - The commercial aerospace sector is expected to undergo a new round of valuation reconstruction as the "14th Five-Year Plan" approaches, driven by supportive policies [3] - Local governments are integrating aerospace and commercial aerospace into their long-term development plans, with initiatives in cities like Shanghai and Hainan aiming for substantial industry growth by 2025 [4][5] Industry Growth and Development - The Chinese commercial aerospace industry is transitioning from an exploratory phase to a growth phase, with increasing policy support and resource allocation [5][6] - The market potential for commercial aerospace in China is projected to reach a trillion-level scale, influenced by successful models like SpaceX [6][8] Technological Advancements - Recent data indicates a surge in satellite launches, with China completing 68 orbital launches in 2024, reflecting a rapid pace in satellite constellation deployment [8] - The industry is facing a "more satellites than rockets" supply-demand situation, prompting efforts to enhance launch capacity and efficiency [9] Capital Market Activity - The capital market remains active, with several companies in the commercial aerospace sector completing new rounds of financing and initiating IPO preparations [12][13] - The ongoing IPO wave among commercial aerospace companies signifies a critical transition from technology validation to commercial operations, necessitating significant capital investment [13]

Market Overview - The market indices experienced significant gains, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rising by 0.71%, 2.02%, and 3.57% respectively, and over 3,000 stocks rising while more than 2,200 stocks fell [4] - The trading volume approached 2 trillion yuan, indicating increased market activity [4] - The Shanghai Composite Index reached a new high for the year, while the ChiNext Index also returned to near its yearly high [5] Storage Sector - The storage sector opened strongly, with several stocks hitting the daily limit, including Xianggang Technology, Dwei Co., and Purun Co., among others [8] - The flash memory and DRAM sectors saw increases of 8.25% and 7.92% respectively, driven by price hikes from major companies like Samsung and SK Hynix, which raised prices by up to 30% [8] - The surge in the storage sector was also influenced by a significant rise in U.S. storage stocks, particularly SanDisk, which increased by over 13.6% [8] Financial Sector - The financial sector initially lagged behind the market, with no mentions in the recent five-year plan, leading to a perception of underperformance [12] - However, after a statement from a senior financial official emphasizing the importance of high-quality financial development, the sector saw a rebound, with brokerage stocks gaining 0.85% by the end of the day [12] Technology and Robotics - Jinfutech experienced a sharp rise after announcing a collaboration with Shanghai Hanzhi Information Technology and receiving a manufacturing order for humanoid robots [16] - This marked a significant advancement in the company's involvement in the robotics sector, moving beyond mere partnerships to actual manufacturing contracts [16]

Core Points - The Shanghai Composite Index closed at 3950.31 points, above the six-month moving average, with an increase of 0.71% [1] - The total trading volume of A-shares reached 199.16 billion yuan [1] - A total of 134 A-shares have surpassed the six-month moving average, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Notable stocks with high deviation rates include: - Xicet Testing (14.95% deviation) - Anhui Instrument Technology (11.07% deviation) - Aerospace Changfeng (9.37% deviation) [1] - Stocks with lower deviation rates that just crossed the six-month line include: - Dian Diagnostics - Optoelectronic Co. - Huaping Co. [1] Trading Data - The trading performance of stocks that broke the six-month line on October 24 includes: - Xicet Testing: 16.34% increase, 20.57% turnover rate, latest price 59.45 yuan - Anhui Instrument Technology: 14.27% increase, 5.48% turnover rate, latest price 24.66 yuan - Aerospace Changfeng: 10.01% increase, 4.65% turnover rate, latest price 15.17 yuan [1]