Group 1 - Multiple military ETFs experienced significant gains, with the Invesco Aerospace & Defense ETF rising by 4.58%, the Penghua Defense ETF increasing by 4.37%, and the Harvest High-end Equipment ETF up by 4.27% [1] - The central enterprise technology sector also saw an upward trend, with the Yinhua Central Enterprise Technology Leading ETF rising by 2.36% and the Southern Central Enterprise Technology ETF increasing by 2.32% [1]

Core Viewpoint - The military industry sector is experiencing a surge, with the military ETF (512660) rising nearly 2% and a net inflow of nearly 300 million yuan over the past five days, driven by the EU's shift in defense strategy which may boost industry prosperity [1][2]. Group 1: EU Defense Strategy - The EU's defense industrial strategy is shifting towards self-sufficiency, aiming for 50% of defense equipment procurement from EDTIB by 2030 and increasing intra-EU defense trade to 35% [1]. - European defense companies currently have full order books but face tight production capacity, with global military trade demand remaining robust [1]. Group 2: Emerging Equipment Demand - The evolution of warfare is driving demand for new equipment, with the European Defense White Paper emphasizing capabilities in drones, counter-drone systems, and artificial intelligence [1]. - The competition for defense production capacity is impacting the supply of civil aviation, benefiting qualified aerospace companies in China [1]. Group 3: Investment Opportunities - The military sector has shown positive signals in 2024, with core companies announcing contracts and expected increases in related transaction volumes by 2025, indicating a recovery in the military fundamentals [2]. - Investing in the military sector is considered to have a high cost-performance ratio, especially with emerging trends in low-altitude and deep-sea industries, suggesting opportunities for strategic investments in military ETF (512660) [2].

Core Viewpoint - Sichuan Changhong (600839) experienced a significant increase of 7.05% on May 6, closing at 11.24 yuan, with a trading volume of 4.0658 million shares and a total transaction value of 4.456 billion yuan [1] Group 1: Stock Performance - The stock's turnover rate was 8.81%, indicating active trading [1] - The net inflow of main funds was 412 million yuan, accounting for 9.25% of the total transaction value [1] - Retail investors saw a net outflow of 254 million yuan, representing 5.69% of the total transaction value [1] Group 2: Financing and Margin Trading - In the past five days, the net inflow of financing was 77.44 million yuan, leading to an increase in financing balance [1] - The net inflow of securities lending was 22,100 shares, resulting in an increase in securities lending balance [1] Group 3: Fund Holdings - The top ten public funds holding Sichuan Changhong include 35 funds in total, with the largest being the Southern CSI 500 ETF, holding 47.4598 million shares [1] - The Southern CSI 500 ETF has a scale of 94.872 billion yuan and a recent net value of 5.6288, which increased by 0.48% on April 30 [1] - The fund manager, Luo Wenjie, has managed several products with significant returns, including the Southern CSI 500 ETF and Southern CSI 300 ETF, with returns of 87.7% and 100.74% respectively since their inception [1]

据证券之星公开数据整理，近期中航机载(600372)发布2025年一季报。截至本报告期末，公司营业总收 入47.25亿元，同比下降16.26%，归母净利润1.01亿元，同比下降77.79%。按单季度数据看，第一季度 营业总收入47.25亿元，同比下降16.26%，第一季度归母净利润1.01亿元，同比下降77.79%。本报告期 中航机载公司应收账款体量较大，当期应收账款占最新年报归母净利润比达2332.3%。 本次财报公布的各项数据指标表现不尽如人意。其中，毛利率24.54%，同比减1.21%，净利率2.93%， 同比减66.46%，销售费用、管理费用、财务费用总计4.76亿元，三费占营收比10.07%，同比增24.18%， 每股净资产7.73元，同比增2.6%，每股经营性现金流0.08元，同比增128.91%，每股收益0.02元，同比减 77.78% | 项目 | 2024年一季报 | 2025年一季报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 56.43 Z | 47.25 Z | -16.26% | | 归母净利润(元) | 4.54Z | 1.01亿 ...

Core Viewpoint - The company reported a revenue of 1.742 billion yuan in 2024, a decrease of 16.68%, and a net profit of 314 million yuan, down 41.56%. For Q1 2025, revenue was 406 million yuan, a slight decline of 0.97%, with a net profit of 105 million yuan, an increase of 35.72% [1] Group 1 - The aerospace industry's temporary demand slowdown has impacted the company's 2024 performance, while Q1 2025 revenue remained stable with improved profitability [1] - The company's gross margin for 2024 was 42.17%, down 7.31%, and the net margin was 18.73%, down 8.75%. In Q1 2025, gross margin improved to 49.96%, up 10.32 percentage points, and net margin increased to 23.63%, up 4.45 percentage points [1] - The company expects profitability to continue to recover with improved military demand and capacity expansion [1] Group 2 - As of the end of Q1 2025, the company's inventory balance was 739 million yuan, a decrease of 0.61% from the end of 2024, while the construction in progress balance was 385 million yuan, an increase of 44.90% from the end of 2024 and 186.81% from the end of 2023, indicating further capacity expansion [2] - The company is a leading manufacturer of quartz materials and fibers, with a multi-faceted approach extending upstream and downstream in the industry. It is expected to benefit from the recovery in aerospace and the rapid development of the domestic semiconductor market [2] - The company is leveraging its synthetic quartz material advantages to expand into precision processing for TFT-LCD and semiconductor photomasks, with projects in Hefei and Jinan expected to contribute to growth [2] Group 3 - Based on the 2024 annual report adjustments and Q1 2025 gross margin updates, the company's EPS for 2025 and 2026 has been revised to 1.23 yuan and 1.65 yuan, respectively, with a new EPS forecast for 2027 at 2.03 yuan. The target price is set at 52.89 yuan, maintaining a buy rating [3]

| 名称 | 持有数量(万股) | 占总股本比 | 增减情况 | | --- | --- | --- | --- | | | | 例(%) | (万股) | | 航天科工投资基金管理(北京)有限公司-北京航天国调创业投 | | | | | 资基金(有限合伙) | 613.84 | 6.49 | 不变 | | 武汉金鼎创业投资有限公司 | 611.87 | 6.47 | -38.13 | | 辛军 | 610.09 | 6.45 | -39.91 | | 华夏军工安全混合A | 565.32 | 5.98 | 318.21 | | 清控银杏南通创业投资基金合伙企业(有限合伙) | 382.48 | 4.05 | 不变 | | 赵惠萍 | 362.91 | 3.84 | -77.09 | | 贝莱德中国新视野混合A | 180.00 | 1.90 | 新进 | | 中信建投（601066）证券-中信银行-中信建投股管家长盈通 科创板战略配售集合资产管理计划 | 141.66 | 1.50 | -65.01 | | MORGAN STANLEY & CO. INTERNATIONAL PLC. | 133.32 | ...

证券之星消息，4月28日科德数控(688305)跌6.99%，收盘报74.78元，换手率3.11%，成交量3.16万手， 成交额2.43亿元。该股为智能制造、工业自动化、军民融合、军工、机器人、大飞机、人形机器人、工 业母机概念热股。4月28日的资金流向数据方面，主力资金净流出3170.85万元，占总成交额13.03%，游 资资金净流入636.1万元，占总成交额2.61%，散户资金净流入2534.75万元，占总成交额10.41%。融资 融券方面近5日融资净流入823.39万，融资余额增加；融券净流入426.0，融券余额增加。 重仓科德数控的公募基金请见下表： | 基金筒称 | 基金代码 | 持有股数 | 持仓变动 | 数据来源 | | --- | --- | --- | --- | --- | | 科创板长城 | 506008 | 9.50万股 | 新进十大 | 2025基金01季报 | | 人保行业轮动混合A | 006573 | 1.02万股 | 減せ | 2025基金01季报 | | 建信开元金享6个月持有期债券发起A | 020724 | 0.50万股 | 新进十大 | 2025基金Q1季报 | 科创 ...

一、主要会计数据和财务指标 前十大流通股东累计持有： 8484.17万股，累计占流通股比： 19.2%，较上期变化： 192.64万股。 | 名称 | 持有数量(万股) | 占总股本比 | 增减情况 | | --- | --- | --- | --- | | | | 例(%) | (万股) | | 国家集成电路产业投资基金股份有限公司 | 2663.36 | 6.03 | -54.30 | | 周儒欣 | 2026.39 | 4.59 | 不变 | | 周光宇 | 1284.38 | 2.91 | 不变 | | 国泰中证军工ETF | 425.78 | 0.96 | 68.80 | | 北京中域拓普投资管理有限公司-北京集成电路尖端芯片股 权投资中心(有限合伙) | 385.13 | 0.87 | 不变 | | 许丽丽 | 368.24 | 0.83 | 101.09 | | 易方达中证人工智能主题ETF | 368.00 | 0.83 | 158.62 | | 香港中央结算有限公司 | 362.71 | 0.82 | -49.17 | | 南方中证1000ETF | 326.13 | 0.74 | -32. ...

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -1.0500 | -1.2000 | 12.5 | 0.0200 | | 每股净资产（元） | 3.25 | 4.29 | -24.24 | 5.57 | | 每股公积金(元) | 3.31 | 3.31 | 0 | 3.3 | | 每股未分配利润(元) | -0.34 | 0.71 | -147.89 | 1.94 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 18.69 | 18.63 | 0.32 | 35.64 | | 净利润(亿元) | -16.73 | -19.24 | 13.05 | 0.33 | | 净资产收益率(%) | -27.76 | -24.47 | -13.45 | 0.39 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 44290.83万股，累计占流通股比： ...

Core Viewpoint - Investing in high-dividend companies may be a direction to outperform the index in the short term, with a focus on state-owned enterprise dividend ETFs showing slight upward movement [1][2]. Group 1: ETF Performance - As of March 26, 2025, the China Securities State-Owned Enterprises Dividend Index (000824) decreased by 0.05%, with component stocks showing mixed performance [1]. - The State-Owned Enterprises Dividend ETF (159515) increased by 0.09%, with the latest price reported at 1.09 yuan [1]. - The latest scale of the State-Owned Enterprises Dividend ETF reached 51.1486 million yuan, marking a one-month high [2]. Group 2: Component Stocks - The top ten weighted stocks in the China Securities State-Owned Enterprises Dividend Index accounted for 15.22% of the index, with notable stocks including COSCO Shipping Holdings (601919) and Jizhong Energy (000937) [3]. - The performance of key stocks varied, with COSCO Shipping Holdings down by 0.68% and Shanxi Coal International up by 1.07% [5]. Group 3: Investment Strategy - East Asia Securities suggests that focusing on high-dividend companies based on fundamentals may lead to short-term outperformance [2]. - The report emphasizes the importance of monitoring market rhythm and industry progress, particularly in sectors like artificial intelligence and robotics, which are expected to see growth [2]. - Short-term investment opportunities are highlighted in marine economy, military industry, and consumer sectors with clear policy expectations [2].