证券代码：002967 证券简称：广电计量 广电计量检测集团股份有限公司投资者关系活动记录表 4.公司在航空装备领域的相关技术情况？ 答：在航空装备检测领域，公司已搭建航空机载系统综合 试验平台，已构建形成了标准制定、科研开发、培训咨询、适 航取证、试验鉴定等一站式技术服务能力。公司具备系统级与 设备级高强度辐射电磁环境能力试验平台、机载设备和系统通 用质量特性设计、试验能力、电子元器件可靠性验证与分析评 价能力，拥有航空装备从前期取证受理规划、中期体系建设及 方案开发、后期试验等全方位技术服务保障能力以及航空信息 安全测评与评估能力。 公司编写了国内首本指导民机环境鉴定试验的专著《机载 设备环境条件和试验程序》，为航空装备鉴定试验标准以及适 航规章条款提供了系统解读和实践指导。 编号：2025-011 | | 特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 □业绩说明会 | | 投资者关系 | □新闻发布会 路演活动 ☑ | | 活动类别 | 现场参观 | | | ☑ | | | □其他（线上直播） | | | 云南云投 解皓程、陕西投资 姚旭东、蓝海国投 练跃南 | | ...

公司调整25 年日常关联交易预计额度，并预计26 年1-4 月日常关联交易公司根据实际生产经营需求， 对2025 年度日常关联交易预计情况进行调整，其中，出售商品从原33.79 亿元调整为44.77 亿元，承租 资产从原3576.19 万元调整为3876.19 万元，其余不变。此外，公司预计2026 年1-4 月日常关联交易情况 为（定价原则为市场原则）：采购商品87.20 亿元、接受劳务6.73 亿元、出售商品2.40 亿元、提供劳务 1361.71 万元、承租资产819.08 万元等。 Q3 业绩同环比显著增长，看好全年收入目标按期实现2025 年前三季度，公司实现营业收入482.86 亿元 （+6.19%），归母净利润21.69 亿元（-35.21%）。单季度来看，25Q3 公司的业绩同环比显著增长，其 中营收为275.84 亿元，同/环比+139.04%/+58.59%；归母净利润为12.56 亿元，同/环比 +169.53%/+66.11%。公司三季度业绩的显著增长，预示着公司产品已经在加速交付，我们看好公司全 年目标的如期实现。 盈利能力保持稳定，积极备产备货，以期完成交付任务从盈利能力看，公司前 ...

Core Viewpoint - Guangdian Measurement plans to raise a total of no more than 1.3 billion yuan, focusing on the construction of testing platforms in national strategic industries such as aviation equipment, artificial intelligence chips, and satellite internet, as well as upgrading regional laboratories and supplementing working capital [2][3]. Fundraising Plan - The total amount to be raised is capped at 1.3 billion yuan, with 1.05 billion yuan earmarked for the procurement of various project instruments and software, accounting for approximately 80.8% of the total fundraising [2]. - The detailed investment allocation includes: - Aviation Equipment Testing Platform Project: 300 million yuan - New Generation Artificial Intelligence Chip Testing Platform Project: 250 million yuan - Satellite Internet Quality Assurance Platform Project: 300 million yuan - Chengdu Satellite Internet Quality Assurance Platform: 200 million yuan - Guangzhou Satellite Internet Quality Assurance Platform: 100 million yuan - Data Intelligence Quality and Safety Inspection and Testing Platform Project: 50 million yuan - Xi'an Measurement Testing Laboratory Upgrade Project: 150 million yuan - Supplementing Working Capital: 250 million yuan [3].

Market Overview - The A-share market experienced a pullback after reaching a high, with the Shanghai Composite Index losing the 4000-point mark and the CSI 300 falling below 4700. The STAR 50 index was also unable to hold above 1500 points, while the Shenzhen Component and ChiNext indices saw slight adjustments. Market turnover decreased to 2.17 trillion yuan [1] Sector Performance - The defense and military industry, forestry, glass and fiberglass, and the Fujian-Xiamen region sectors saw significant gains, while precious metals, wind power equipment, engineering consulting services, and engineering machinery sectors faced notable declines [1] - The defense and military sector attracted over 8.4 billion yuan in net inflows, with electronics, computers, and power equipment also receiving substantial investments. In contrast, non-ferrous metals, construction decoration, and public utilities experienced net outflows exceeding 1 billion yuan [1] Investment Trends - CICC suggests that the market may continue its upward trend, with technology remaining a key focus. Attention is recommended on global AI themes and key industry plans such as quantum technology, biomanufacturing, hydrogen energy, nuclear fusion, brain-computer interfaces, embodied intelligence, and 6G mobile communication [1] - The defense and military stocks surged in the afternoon, with the ground equipment sector leading the gains. The sector index saw a rapid increase, with some stocks like Changcheng Military Industry hitting the daily limit [1][2] AI Sector Insights - The AI sector showed strong performance, with the index recording its seventh consecutive day of gains. Stocks like Lupu Information and Jinfeng Technology saw significant increases, with multiple stocks hitting the daily limit [2][5] - In Hefei, the AI industry generated nearly 50 billion yuan in revenue in the first half of the year, marking a 24% year-on-year growth, with over 40,000 professionals employed in the sector [5] Precious Metals Market - Precious metals stocks experienced a sharp decline, with the sector index dropping over 3%. Major companies like Shengda Resources and Chifeng Gold saw significant losses [5] - Shanghai gold futures saw a notable drop, with a decline exceeding 4%, marking the second-largest single-day drop of the year, while silver futures also fell significantly [6]

Core Viewpoint - The current international security situation is complex and severe, highlighting the importance of national defense construction, with ongoing regional conflicts and military dynamics [1] Group 1: Industry Trends - The China Weapon Industry Group recently showcased new equipment such as drones, cruise missiles, and anti-drone combat systems, reflecting the trend towards informationization and intelligence in military equipment [1] - Significant technological breakthroughs in the aviation sector, exemplified by the successful maiden flight of the new Zhoushan 60 civil rescue aircraft, will enhance China's emergency rescue capabilities [1] - The intensifying great power competition has shifted the defense strategies of the US and its allies towards the Indo-Pacific, potentially escalating tensions around China [1] - The military industry is expected to have a long-term positive trend, driven by the 2027 military centenary goal and the "14th Five-Year Plan" demand for addressing shortcomings, particularly in defense informationization and aviation equipment [1] Group 2: Investment Opportunities - The military ETF (512660) tracks the CSI Military Industry Index (399967), which selects representative military industry listed companies from the Chinese A-share market, covering sectors such as aviation, aerospace, weaponry, and shipbuilding [1] - This index reflects the overall performance of listed companies in the military industry and is characterized by distinct industry features and high growth potential [1]

Core Viewpoint - The company, Guangdian Measurement, is planning to raise funds through a private placement to enhance its strategic capacity in various high-tech sectors, aiming to solidify its position as a leading testing enterprise in China [1][4]. Group 1: Fundraising and Strategic Investment - Guangdian Measurement intends to issue shares to no more than 35 specific investors, raising up to 1.3 billion yuan for investments in satellite internet, aviation equipment, AI chips, and data intelligence [1][4]. - The funds will be allocated to six projects, including 300 million yuan for aviation equipment testing, 250 million yuan for AI chip testing, and 300 million yuan for satellite internet quality assurance [4]. - The company has a history of fundraising, having raised 614 million yuan during its IPO and 1.5 billion yuan in a previous private placement [5]. Group 2: Growth and Financial Performance - Guangdian Measurement has shown consistent revenue growth from 153 million yuan in 2012 to an expected 3.207 billion yuan in 2024 [8]. - The company forecasts a net profit of 95 million to 100 million yuan for the first half of 2025, reflecting a year-on-year growth of 19.20% to 25.48% [8]. - The gross profit margin has remained stable around 40% in recent years, indicating a solid financial performance [3][9]. Group 3: Research and Development - The company invests over 10% of its annual revenue into R&D, with projected R&D expenditures of 354 million yuan in 2024 [1][7]. - Since its establishment, Guangdian Measurement has participated in the development of 255 national and industry standards and has been awarded 539 patents, showcasing its strong innovation capabilities [7].