北方导航控制技术股份有限公司 董事会审计委员会实施细则 （2025 年 6 月） 第一章 总则 第一条为强化董事会决策功能，做到事前审计、专业审 计，确保董事会对经理层的有效监督，完善公司治理结构， 加强内控和法律合规体系建设，有效防范和化解风险。根据 《中华人民共和国公司法》《上市公司治理准则》《上市公 司章程指引》《上海证券交易所上市公司自律监管指引第1 号——规范运作》《公司章程》及其他有关规定，公司特设 立董事会审计委员会，并制定本实施细则。 第二条董事会审计委员会是董事会设立的专门工作机 构，向董事会负责并报告工作，行使《公司法》规定的监 事会的职权，主要负责审核公司财务信息及其披露、监督 及评估内外部审计工作和内部控制。 第八条审计委员会的主要职责权限： （一）监督及评估外部审计机构工作； 1 第五条审计委员会设主任委员（召集人）一名，由独 立董事委员中会计专业人士担任，负责主持委员会工作。 主任委员在委员内选举，并报请董事会批准产生。 第六条审计委员会任期与董事会一致，委员任期届满， 连选可以连任。期间如有委员不再担任公司董事职务，自动 失去委员资格，并由委员会根据上述第三至第五条规定补足 委员 ...

北方导航控制技术股份有限公司(以下简称"公司")董 事会于 2025 年 6 月 10 日收到公司工会委员会通知，公司召 开第一届职工代表大会第八次会议，大会以无记名投票方式 选举李猛女士为公司第八届董事会职工董事（简历详见附 件）。李猛女士与 2025 年 1 月 21 日召开的 2025 年第一次临 时股东会选举产生的 8 名董事，共同组成公司第八届董事会， 任期与第八届董事会任期相同。 特此公告。 北方导航控制技术股份有限公司 证券代码：600435 证券简称：北方导航 公告编号：临 2025-040 号 北方导航控制技术股份有限公司 关于选举职工董事的公告 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。 李猛，女，1978 年 8 月生，中国国籍，硕士，正高级工 程师。曾任北方导航控制技术股份有限公司技术中心副主任， 现任中国兵器科技带头人，北方导航控制技术股份有限公司 装备研发一部部长。现不持有北方导航股票。李猛与公司实 际控制人、持股 5%以上的股东及其他董事、监事、高级管 理人员不存在关联关系；不存在法律法规规 ...

北方导航 2025 年第二次临时股东会法律意见 北京市众天律师事务所 @@ 北京市众天律师事务所 众天证字[2025]BFDH-003号 北方导航控制技术股份有限公司： 惠承贵司（以下简称"公司"）委托，北京市众天律师事务所（以下简称"众 天"）指派律师出席公司2025年第二次临时股东会（以下简称"本次股东会"）， 对公司本次股东会的召集与召开程序、出席会议人员的资格与召集人的资格、会 议表决程序与表决结果等有关事项出具法律意见。 为出具本法律意见书之目的，公司向众天律师提供了与本次股东会召开事宜 有关的文件、资料。公司承诺其已向众天律师提供了作为出具本法律意见书所必 须的、真实的原始书面材料、副本材料或口头证明，有关副本材料与复印件与原 件一致。 ZHONGTIAN LAW FIRM 地址：北京市海淀区北四环西路 9 号银谷大厦十七层 Add: 17/F，Yingu Mansion，9 West Beisihuan 邮编：100190 Rd.，Beijing 100190，CHINA 电话：（86-10）62800408 Tel:（86-10）62800408 传真：（86-10）62800411 Fax： ...

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。 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 (一)股东会召开的时间：2025 年 6 月 10 日 (二)股东会召开的地点：北京经济技术开发区科创十五街 2 号公司商务会议室 (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 | 834 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 347,211,987 | | 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（%） | 23.0091 | 证券代码：600435 证券简称：北方导航 公告编号：临 2025-039 号 北方导航控制技术股份有限公司 2025年第二次临时股东会决议公告 表决情况： | 股东类型 | 同意 | | 反对 | | 弃权 | | | --- | --- | --- | --- | --- | --- | --- | | | 票数 | 比例（%） | 票 ...

证券代码：600435 证券简称：北方导航 公告编号：临 2025-042 号 北方导航控制技术股份有限公司 北方导航控制技术股份有限公司第八届董事会第四次 于 2025 年 6 月 3 日以送达、传真、邮件等方式发出会议通 知，于 2025 年 6 月 10 日下午 16：30 在公司二层商务会议 室召开。应到会董事人数 9 人，实到会董事 9 人，占应到会 董事人数的 100%，符合法律、法规和《公司章程》的规定。 会议由公司董事长李海涛先生（目前代行董事会秘书职责） 主持,以记名方式表决，决议如下： 一、审议通过关于修改《董事会审计委员会实施细则》 的议案。9 票赞成，占有效表决权总数的 100%，0 票反对， 0 票弃权,0 票回避。 因实施 2024 年利润分配方案，根据公司《2020 年度股 票期权激励计划》中关于股票期权行权价格调整方法和程序 的相关规定，公司对股票期权行权价格进行调整。公司 2020 年股票期权激励计划的行权价格由 8.46 元/份调整为 8.44 元/ 份。 该事项已经公司董事会审计委员会 2025 年第四次会议 审议通过。 第八届董事会第四次会议决议决议公告 本公司董事会及 ...

证券代码：600435 证券简称：北方导航 公告编号：临 2025-041 号 北方导航控制技术股份有限公司 2024年年度权益分派实施公告 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。 重要内容提示： 相关日期 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/16 | － | 2025/6/17 | 2025/6/17 | 差异化分红送转： 否 一、 通过分配方案的股东会届次和日期 本次利润分配方案经公司2025 年 5 月 22 日的2024年年度股东会审议通过。 二、 分配方案 本次利润分配以方案实施前的公司总股本1,509,061,132股为基数，每股派发现金红利0.02 元（含税），共计派发现金红利30,181,222.64元 ...

Industry Investment Rating - The industry investment rating is "Outperform the Market" [1] Core Viewpoints - Indonesia is considering the procurement of Chinese-made J-10 fighter jets, which is expected to boost the military trade market's activity. The Indonesian government aims to enhance its air force's modernization while ensuring cost-effectiveness in its defense budget. The performance of the J-10 in the India-Pakistan conflict is a significant factor in Indonesia's consideration of this model. Compared to Western counterparts, the J-10 offers a more competitive price and meets Indonesia's demand for "high cost-performance advanced equipment" [10][12][14] - The report suggests that China's military trade, currently accounting for 5.9% of the global military trade market, has the potential for significant growth as China increasingly takes center stage on the world stage [12][14] - Looking ahead to 2025, the military industry is expected to see an inflection point in orders, driven by new technologies aimed at enhancing equipment performance or reducing costs, as well as new market directions from military trade and military technology conversion [14] Summary by Sections 1. Industry Overview - The closing index for the defense industry is at 1508.79, with a 52-week high of 1712.48 and a low of 1113.62 [1] 2. Market Performance - The military industry index increased by 0.07%, while the Shenwan military index rose by 0.41%. The Shanghai Composite Index increased by 1.13%, and the Shenzhen Component Index rose by 1.42% [16] - The top ten performing stocks in the military sector this week include Xinguang Optoelectronics (+10.62%), Huawu Co., Ltd. (+9.71%), and Longda Co., Ltd. (+9.21%) [18] 3. Investment Recommendations - Two main investment themes are suggested: 1) Aerospace and "gap-filling" new focuses, including companies like Feilihua, Fenghuo Electronics, and AVIC Shenyang Aircraft [14] 2) New technologies, products, and markets with greater elasticity, including Aerospace Intelligent Manufacturing and Guangdong Hongda [14] 4. Valuation Levels - As of June 6, 2025, the military industry index stands at 10727.13, with a PE-TTM valuation of 103.35 and a PB valuation of 3.29. Historically, 79.75% of the time since January 1, 2014, the PE-TTM valuation has been below the current level [21][22]

证券研究报告：国防军工|行业周报 发布时间：2025-06-09 行业投资评级 强于大市|维持 | 行业基本情况 | | | --- | --- | | 收盘点位 | 1508.79 | | 52 周最高 | 1712.48 | | 52 周最低 | 1113.62 | 行业相对指数表现 -13% -8% -3% 2% 7% 12% 17% 22% 27% 32% 2024-06 2024-08 2024-11 2025-01 2025-03 2025-06 国防军工 沪深300 资料来源：聚源，中邮证券研究所 研究所 分析师:鲍学博 SAC 登记编号:S1340523020002 Email:baoxuebo@cnpsec.com 分析师:马强 SAC 登记编号:S1340523080002 Email:maqiang@cnpsec.com 近期研究报告 《中邮军工周报 5 月第 4 周：美国防预 算将达 1 万亿美元，创历史新高》 - 2025.05.26 河北一硝化棉厂商煮洗釜爆炸，硝化棉供应紧张或 进一步加剧 ⚫ 投资要点 2025 年 5 月 30 日 18 时 20 分，衡水市武邑县建民纤维素有限 ...

Investment Rating - The industry is rated positively, with expectations of overall returns exceeding the CSI 300 index by more than 5% in the next six months [41]. Core Insights - China's defense budget has maintained a growth rate of around 7%, with defense spending accounting for less than 1.5% of GDP, which is below the average level of major military powers. There is significant room for growth in defense spending, which is expected to outpace GDP growth in the long term. The year 2025 marks the end of the "14th Five-Year Plan," and the industry is anticipated to emerge from a two-year period of stagnation, entering a phase of comprehensive recovery. As orders normalize and are gradually released, the military industry may enter a "Davis Double-Trigger" phase of performance improvement and valuation enhancement. It is recommended to focus on leading companies in advanced fighter jets, low-altitude economy, domestic large aircraft, satellite internet, and deep-sea technology, which have favorable competitive landscapes and high technological barriers [4][10]. Summary by Sections Industry Perspective - The report highlights that China's defense spending has significant growth potential, with expectations for long-term increases above GDP growth rates. The military sector is poised for recovery and improvement in performance and valuations [4][10]. Market Performance - In the past week, the CSI 300 index rose by 0.40%, while the aerospace and defense index increased by 0.18%. For the month, the CSI 300 index saw a rise of 2.74%, and the aerospace and defense index increased by 8.34% [11]. Industry News - The European Union has approved a joint venture between the UK, Italy, and Japan to develop a sixth-generation fighter jet, with plans to deliver by the end of 2035. The joint venture will serve as the main contractor and system integrator for the "Global Combat Air Programme" [3][16]. - The U.S. Defense Secretary has pressured NATO allies to increase defense spending from 2% to 5% of GDP, emphasizing the need for this change before the upcoming NATO summit [19]. - The UK has announced plans to build 12 new "SSN-AUKUS" attack submarines and invest £15 billion (approximately 146.1 billion RMB) in upgrading its nuclear facilities, aiming to enhance its military capabilities [21]. Company Tracking - Several companies are making significant moves, such as: - Shangda Co., which has been approved to establish a high-temperature and corrosion-resistant alloy materials technology center [24]. - Guorui Technology, which plans to reduce its shareholding by 3% [26]. - Northern Navigation, with plans for share reductions by its executives [27].

Core Viewpoint - The announcement details the share reduction plans of key executives at Beifang Navigation Technology Co., Ltd., highlighting the specific amounts and percentages of shares to be sold by the company's board members [1][2][3]. Summary by Sections Executive Shareholding Information - As of June 4, 2025, the company's general manager, Hu Xiaojun, holds 198,420 shares, representing 0.01318% of the total share capital as of December 31, 2024. These shares were obtained through the company's equity incentive plan [1]. - The company's financial director, Zhou Jing, holds 391,720 shares, accounting for 0.02601% of the total share capital as of December 31, 2024, also acquired through the equity incentive plan [1]. Reduction Plan Details - Hu Xiaojun plans to reduce his holdings by up to 49,600 shares, which is no more than 0.00329% of the total share capital and not exceeding 25% of his total holdings. The reduction will occur through centralized bidding [2]. - Zhou Jing intends to reduce her holdings by up to 97,900 shares, representing no more than 0.00650% of the total share capital and also not exceeding 25% of her total holdings, using the same method [2]. Reduction Timing and Purpose - The reduction period for both executives is set from June 26, 2025, to September 25, 2025. The shares to be reduced are sourced from equity incentive exercises, and the reason for the reduction is personal financial needs [3].