航空航天ETF（159227）紧密跟踪国证航天航空行业指数，该指数由沪深北交易所航空航天行业的证券 组成，以反映该行业证券的整体走势。指数覆盖中国军工领域核心公司，配置军工、航空、航天、低空 经济等概念股。 从行业分布看，国证航天指数在申万一级行业中军工占比99.2%，集中于航空装备（权重65.8%）与军 工电子（16.8%）。相较于同类指数，其空天领域覆盖度更高，技术壁垒与产业链价值占比优势显著。 此外，指数前十大重仓股集中度达53.64%，覆盖光启技术、航发动力等硬科技龙头。 消息面上，我国低轨卫星发射进程加速。近日，我国发射成功多颗卫星。5月14日，我国在酒泉卫星发 射中心使用长征二号丁运载火箭，成功将太空计算卫星星座发射升空。5月13日，我国在西昌卫星发射 中心使用长征三号丙运载火箭，成功将通信技术试验卫星十九号发射升空，卫星顺利进入预定轨道，发 射任务获得圆满成功。 5月16日，三大指数小幅缩量调整下跌，航空航天ETF（159227）今日上市，逆势收涨0.2%，成交额达 2860.24万元，换手率6.85%。成分股中，博云新材涨近6%，国睿科技涨超4%，航天晨光、航发科技等 跟涨。 民生证券表示，政 ...

Group 1 - The A-share market showed mixed performance on May 16, with the National General Aviation Industry Index experiencing fluctuations and rising by 0.72% at the time of reporting [1] - The General Aviation ETF (159230) is currently being issued, with the subscription period running from May 7 to May 16, and is set to close today [1] - Notable stocks within the index include Lijun Co., Ltd., which hit the daily limit, along with Guorui Technology, Lianchuang Optoelectronics, Yingliu Co., Ltd., Zhuhai Guanyu, Zhonghaidah, and Aerospace Electronics, which saw significant gains [1] Group 2 - The China Low Altitude Economy Industry Development Alliance was officially established on May 10, 2025, in Sanya, marking a new phase of high-quality development driven by industrial collaboration and scenario innovation [2] - The alliance aims to contribute "Chinese wisdom" and "Hainan solutions" to global low-altitude economic development, focusing on applications such as drone logistics, urban air mobility (UAM), and low-altitude tourism [2] - The alliance plans to promote 100 landmark scenarios and incubate 50 unicorn companies over the next three years, with a goal of helping Hainan's low-altitude economy exceed 100 billion [2] Group 3 - There has been a surge in eVTOL (electric Vertical Take-Off and Landing) intent orders this year, with expectations for frequent test flights starting in the second half of the year [3] - By 2027, it is anticipated that some major cities will achieve eVTOL commercialization, aiming for "air taxi" services, with large cities expected to enter the low-altitude economy era by 2030 [3] - The national government is placing significant emphasis on the development of the low-altitude economy, with major eVTOL manufacturers receiving numerous intent orders, suggesting a focus on components, complete machines, infrastructure support, and air traffic management operations [3]

Investment Rating - Buy (Maintain Rating) [1] Core Viewpoints - The recent military conflict between India and Pakistan has highlighted the effectiveness of Chinese military equipment, particularly in the context of military exports [2][5] - The global arms trade is expected to enter a new cycle of prosperity due to increased demand driven by geopolitical tensions, with China's military exports likely to gain market share [3][4][26] Summary by Sections 1. Overview of the India-Pakistan Conflict - The conflict began with a terrorist attack in India, leading to India's "Operation Zhusha" and Pakistan's counteraction, showcasing the effectiveness of Chinese military equipment used by Pakistan [13][20] 2. Impact on the Military Industry - Global demand for military equipment is increasing, with military spending projected to reach $2.72 trillion in 2024, a 9.4% increase [23][26] - The arms trade saw a significant increase of 29% in 2022, with a projected export value of $28.938 billion TIV in 2024 [3][26] 3. China's Military Export Potential - China's military exports have surged from $1.358 billion TIV in 2021 to $2.982 billion TIV in 2023, with 45% of exports going to Pakistan [4][33] - The report emphasizes the transition of Chinese military equipment into a "DEEPSEEK" era, indicating advancements in technology and capabilities [42] 4. Investment Recommendations - The report suggests focusing on seven key areas for military trade-related investments: aviation equipment, missile systems, radar systems, drones, low-cost munitions, ground equipment, and communication data links [5][67]

5月15日，华夏国企创新混合发起式A（017602）下跌2.04%，最新净值1.12元，连续3个交易日下跌， 区间累计跌幅3.74%。 据了解，华夏国企创新混合发起式A成立于2024年4月，基金规模0.34亿元，成立来累计收益率 11.84%。从持有人结构来看，截至2024年末，华夏国企创新混合发起式A的基金机构持有0.27亿份，占 总份额的89.58%，个人投资者持有0.03亿份，占总份额的10.42%。 截止2025年3月31日，华夏国企创新混合发起式A前十持仓占比合计43.90%，分别为：航天电器 （6.40%）、北方华创（5.65%）、科大讯飞（5.02%）、菲利华（4.13%）、国睿科技（4.03%）、中芯 国际（3.93%）、中航高科（3.77%）、华海清科（3.72%）、海光信息（3.72%）、厦钨新能 （3.53%）。 来源：金融界 公开信息显示，现任基金经理郑晓辉先生:博士。2003年6月至2008年4月,曾任职于长盛基金管理有限公 司,担任研究员、基金经理助理、同盛证券投资基金基金经理(2006年11月29日至2008年4月26日期间) 等。2008年5月加入华夏基金管理有限公司,历任投资 ...

Group 1 - The General Aviation ETF Huabao (159231) has seen a cumulative increase of 9% since its listing on April 29, 2025, but experienced a slight decline of 0.56% on May 14, 2025 [1] - Despite the overall market correction, some constituent stocks like Lijun Co. and Yihua Co. have shown strong performance, with Lijun Co. hitting six consecutive trading limits and Yihua Co. rising over 4% [1] - The General Aviation Index has had varied performance over the past five years, with significant annual changes: 53.02% in 2020, 3.92% in 2021, -26.60% in 2022, 0.46% in 2023, and 21.18% in 2024 [3] Group 2 - The military aircraft sector is benefiting from increasing global military trade due to rising geopolitical uncertainties and security demands, with Chinese military products being competitive in terms of cost and technology [3] - The regional situation provides practical validation for Chinese military equipment, enhancing its hard power and positioning Chinese military enterprises to benefit from the expanding international military trade market [3] - The civil aviation sector is seeing developments such as the establishment of a low-altitude economy fund in Sichuan, aimed at attracting more social capital for investments in helicopter and eVTOL infrastructure [4] Group 3 - The low-altitude economy is emerging as a new paradigm for urban transportation, supported by policy changes and infrastructure development, which is expected to accelerate the formation of a trillion-level industry cluster [4] - The General Aviation ETF Huabao (159231) covers various sectors including low-altitude economy, military-civil integration, large aircraft, commercial space, and flying cars, focusing on technological barriers and core commercialization aspects [4] - The defense and military industry is the largest sector within the General Aviation Index, accounting for 58.6% of its weight as of May 13, 2025 [5]

证券代码：600562 证券简称：国睿科技 公告编号：2025-017 国睿科技股份有限公司 关于董事会完成换届选举及 聘任高级管理人员、证券事务代表的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 国睿科技股份有限公司（以下简称公司）于 2025 年 5 月 13 日召开 2024 年年度股东会，审议通过了《关于选举董事的议案》、《关于选举独立董事的议 案》。同日公司召开了第十届董事会第一次会议选举董事长、聘任高级管理人员 和证券事务代表，现将具体情况公告如下： 一、公司第十届董事会组成情况 公司第十届董事会成员：郭际航女士、黄强先生、谢洁女士、孙红兵先生、 刘加增先生、和辉先生、明新国先生、李东先生、于成永先生；其中郭际航女士 为董事长，明新国先生、李东先生、于成永先生为独立董事。 2、提名与薪酬考核委员会 主任委员：明新国 副主任委员：谢洁 委员：李东、于成永、刘加增 3、风险管理与审计委员会 主任委员：于成永 公司第十届董事会专门委员会成员： 1、战略投资与预算委员会 主任委员：郭际航 副主任委员：黄强 委员：明 ...

上海市锦天城（南京）律师事务所 法律意见书 上海市锦天城（南京）律师事务所 关于国睿科技股份有限公司 2024年年度股东会的 法律意见书 地址：南京市建邺区江东中路 347 号国金中心一期 27、28 楼 电话：025-68515000 传真：025-68516601 邮编：210019 上海市锦天城（南京）律师事务所 法律意见书 上海市锦天城（南京）律师事务所 关于国睿科技股份有限公司2024年年度股东会的 法律意见书 致：国睿科技股份有限公司 上海市锦天城（南京）律师事务所（以下简称本所）接受国睿科技股份有限 公司（以下简称公司）委托，就公司召开2024年年度股东会（以下简称本次股东 会）的有关事宜，根据《中华人民共和国公司法》（以下简称《公司法》）《上 市公司股东会规则》等法律、法规和其他规范性文件以及《公司章程》的有关规 定，出具本法律意见书。 本所及本所律师依据《律师事务所从事证券法律业务管理办法》和《律师事 务所证券法律业务执业规则（试行）》等规定，严格履行了法定职责，遵循了勤 勉尽责和诚实信用原则，对本次股东会所涉及的相关事项进行了必要的核查和 验证，并参加了公司本次股东会的全过程。本所保证本法 ...

证券代码：600562 证券简称：国睿科技 公告编号：2025-015 国睿科技股份有限公司 2024年年度股东会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 (一)股东会召开的时间：2025 年 5 月 13 日 (二)股东会召开的地点：江苏省南京市建邺区江东中路 359 号国睿大厦 1 号楼 22 层 1 号会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 163 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 921,828,869 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 74.2298 | (四)表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况等。 本次会议由公司董事会召集，董事长郭际航女士主持会议。本次会议以现场 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 投票与网络投票相结合的方式进行表决，会议的召集 ...

证券代码：600562 证券简称：国睿科技 公告编号：2025-016 1、本次董事会会议的召开符合有关法律、行政法规、部门规章、规范性文 件和公司章程的规定。 2、本次会议的通知及会议资料在会议召开前送达全体董事。 3、本次会议由公司董事长郭际航女士召集与主持，于 2025 年 5 月 13 日在 南京市建邺区江东中路 359 号国睿大厦 1 号楼 22 楼 1 号会议室召开，会议采用 现场方式进行表决。 4、本次会议应出席董事 9 人，实际出席董事 9 人。公司高级管理人员列席 会议。 二、会议审议情况 1、审议通过了《关于选举董事长的议案》。 根据《公司章程》规定，董事会选举郭际航女士为公司第十届董事会董事长。 议案表决结果为：同意 9 票，反对 0 票，弃权 0 票。 2、审议通过了《关于委任董事会专门委员会成员的议案》。 战略投资与预算委员会委员：郭际航、黄强、明新国、李东、于成永、谢洁、 和辉，其中郭际航为主任委员，黄强为副主任委员。 国睿科技股份有限公司 第十届董事会第一次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和 ...

Group 1 - The military information technology sector experienced a decline of 2.16%, ranking among the top declines in concept sectors, with *ST Aowei hitting the limit down [1] - Among the military information technology stocks, notable declines included Guobo Electronics and *ST Tianwei, while Tianjian Technology, Aerospace Electronics, and Sichuan Jiuzhou saw increases of 10.00%, 6.14%, and 4.66% respectively [1][2] - The military information technology sector faced a net outflow of 2.735 billion yuan from main funds, with 74 stocks experiencing outflows, and 13 stocks seeing outflows exceeding 100 million yuan [2] Group 2 - The top net outflow stocks in the military information technology sector included Leike Defense with a net outflow of 237 million yuan, followed by Dongtu Technology and Shanghai Hanhua with outflows of 231 million yuan and 206 million yuan respectively [2][3] - Conversely, the stocks with the highest net inflows included Aerospace Electronics, Sichuan Jiuzhou, and Jiexun Feihong, with inflows of 589 million yuan, 36.58 million yuan, and 26.14 million yuan respectively [5]