那这个主要原因也是航工业西飞、航工业陕飞这种主机厂，他们作为一种主机厂，常年是 有一定的这个合同负债。这个是因为合并的这么一个结果。然后在 2022 年 Q2 的时候。 中航西飞的这个合同负债发生了阶跃式的提升。那这个是因为十四五期间下游客户给了一 大笔的飞机的订单，然后带来了合同负债的飙升。那经过长期的消化，那目前中航西飞的 这个合同负债已经处于不是那么高的水平了。那展望十五五，今年 2026 年也是十五五的 开局之年。那十五五也有可能陆陆续续可能不会像之前那么一大波的订单，可能后续会有 陆陆续续就是相对比较频繁，但是金额会相对小一点的这种订单陆陆续续来到公司。 让公司的合同负债进步的有所提升。那近些年来近年来公司的这个变化主要体现在管理层 方面。那 2025 年 7 月份的时候，公司的董事长发生了这个跌，发生了换届。那目前新任 的公司的董事长韩晓军韩晓军先生，是在 2023 年 12 月份的时候被当选为公司的总经理。 那在去年同期上任的还有新任副总经理杨峰、新任董秘左峰。这三个新上任的公司领导都 有一个显著的特点，就是全部都是 80 后，都是比较年轻一代的管理层，他们对于公司的 这个经营、市值管理相比过去 ...

资料显示，恒宇信通航空装备(北京)股份有限公司位于陕西省西安市长安区纬二十六路169号中交科技 城高端产业集成区(一期)东区4、5号楼，成立日期2002年10月14日，上市日期2021年4月2日，公司主营 业务涉及直升机综合显示控制设备的研发、生产、销售,并提供相关专业技术服务。主营业务收入构成 为：航空产品99.34%，其他(补充)0.66%。 截至2月10日，恒宇信通股东户数9541.00，较上期增加1.02%；人均流通股5669股，较上期减少1.01%。 2025年1月-9月，恒宇信通实现营业收入1.47亿元，同比增长23.35%；归母净利润2573.27万元，同比增 长33.71%。 2月24日，恒宇信通跌0.13%，成交额3002.92万元。两融数据显示，当日恒宇信通获融资买入额248.59 万元，融资偿还285.77万元，融资净买入-37.18万元。截至2月24日，恒宇信通融资融券余额合计 5671.37万元。 融资方面，恒宇信通当日融资买入248.59万元。当前融资余额5644.15万元，占流通市值的1.56%，融资 余额超过近一年70%分位水平，处于较高位。 融券方面，恒宇信通2月24日融券偿 ...

中加心享混合A成立日期2015年12月2日，最新规模5319.63万。今年以来收益0.81%，同类排名 7413/8994；近一年收益4.78%，同类排名7213/8199；成立以来收益51.12%。 2月24日，中航机载涨0.87%，截至发稿，报16.20元/股，成交14.04亿元，换手率1.79%，总市值783.90 亿元。中航机载股价已经连续3天上涨，区间累计涨幅5.81%。 资料显示，中航机载系统股份有限公司位于北京市朝阳区曙光西里甲5号院16号楼25层A区，成立日期 1999年11月26日，上市日期2001年7月6日，公司主营业务涉及航空、航天、舰船、兵器等领域机械电 子、航空电子、自动控制、惯性导航等的研制、生产、销售及服务等。主营业务收入构成为：航空产品 81.75%，现代产业及其他14.59%，非航空防务产品3.66%。 从基金十大重仓股角度 数据显示，中加基金旗下1只基金重仓中航机载。中加心享混合A四季度持有股数5000股，占基金净值 比例为0.12%，位居第七大重仓股。根据测算，今日浮盈赚取约700元。连续3天上涨期间浮盈赚取4450 元。 中加心享混合A基金经理为钟伟、袁素。 截至发稿， ...

2月24日，中航重机涨6.42%，截至发稿，报21.05元/股，成交9.70亿元，换手率3.07%，总市值329.13亿 元。 资料显示，中航重机股份有限公司位于贵州省贵阳市双龙航空港经济区小碧布依族苗族乡木头村机场路 16号，成立日期1996年11月14日，上市日期1996年11月6日，公司主营业务涉及锻铸、高端液压集成和 新能源。主营业务收入构成为：锻铸分部83.02%，液压环控分部17.08%，其他0.59%。 从中航重机十大流通股东角度 数据显示，国投瑞银基金旗下1只基金位居中航重机十大流通股东。国投瑞银国家安全混合A （001838）三季度增持341.72万股，持有股数2017.13万股，占流通股的比例为1.3%。根据测算，今日 浮盈赚取约2561.75万元。 国投瑞银国家安全混合A（001838）成立日期2015年12月2日，最新规模22.97亿。今年以来收益 14.73%，同类排名496/8994；近一年收益44.77%，同类排名2011/8199；成立以来收益69.26%。 截至发稿，李轩累计任职时间10年88天，现任基金资产总规模30.52亿元，任职期间最佳基金回报 69.26%， 任职期间 ...

格隆汇2月24日｜航发控制在互动平台表示，CJ-1000A是我国自主研制的首款民用大涵道比涡扇发动 机，是对标国际第五代民用航空发动机水平研制的，代表了民用航空发动机国际先进水平。作为国产商 用发动机产业链重要配套单位，公司将长江发动机配套研制任务列为"十五五"重点项目，凝聚优势资 源，以配合主机取证为导向，加严项目过程管控，加大关键验证设备条件保障力度，加快建强适航体系 能力建设，推动项目任务高质量交付。 ...

Core Viewpoint - The "Wing Loong" drone, developed by Aviation Industry Corporation of China, showcased its capabilities during the 2026 Spring Festival Gala, symbolizing technological advancement and national pride [1][3]. Group 1: Company Overview - The "Wing Loong" drone is China's first medium to large-sized artificial rain (snow) drone, independently developed by the Aviation Industry Corporation of China [3]. - The drone has overcome challenges posed by complex meteorological and geographical conditions, demonstrating significant technological advancements in weather modification [3]. Group 2: Industry Impact - The "Wing Loong" drone plays a crucial role in disaster prevention and resource assurance, contributing to forest fire prevention, ecological restoration, drought relief, and major event support [3]. - Its innovative "detect and disperse" method enhances the precision and efficiency of weather modification operations, establishing a comprehensive meteorological support system [3].

Group 1 - The core focus of the article is on the "Wenyao" intelligent control system developed by Chengdu Aircraft Industrial Group, which enhances the coordination and efficiency of multiple drone operations, as demonstrated during the Spring Festival Gala [1][3] - The "Wenyao" system is designed for collaborative operations of various types of drones, significantly improving command and control efficiency through heterogeneous integrated control technology [1][6] - The system's key advantages include intelligent scheduling and control, heterogeneous collaborative operations, and providing end-to-end solutions for multiple scenarios [3][6] Group 2 - The "Wenyao" system utilizes artificial intelligence to process multi-source data in real-time, enabling intelligent monitoring of drone statuses and automatic target recognition [6][7] - Currently, the "Wenyao" system is in trial use on select drone platforms, with future potential for broader application across various drone types and even collaboration between unmanned and manned systems [7] - The system has shown practical effectiveness in emergency scenarios, such as earthquake rescue exercises, where it autonomously managed task distribution, route planning, and threat avoidance [7][8]

Core Viewpoint - The event showcased the "Yunying" and "Yilong" drones, highlighting China's advancements in drone technology and its application in various fields, particularly in emergency response and environmental monitoring [2][8]. Group 1: "Yunying" Drone - The "Yunying" drone, developed by China Aviation Industry Corporation Chengdu Aircraft Industry Group, made its debut at the Spring Festival Gala, marking the first collective appearance of medium and large drones at the event [2][3]. - This drone features a tail-sitting design that allows for vertical takeoff and landing, making it suitable for operations in complex environments such as urban and mountainous areas [3][5]. - The modular design of the "Yunying" enables quick task load changes and is equipped with a photoelectric pod for real-time image and video acquisition, applicable in urban monitoring, industrial inspection, and emergency rescue [5][6]. Group 2: "Yilong" Drone - The "Yilong" drone, developed by AVIC Chengdu UAV Systems Co., is China's first medium to large artificial rain (snow) drone, capable of operating under complex meteorological and geographical conditions [8][10]. - It has been utilized in various applications, including ecological restoration, wildfire prevention, and drought relief, demonstrating its versatility in disaster prevention and resource management [10][12]. - The "Yilong" series has achieved significant milestones, including being the top in large drone deliveries and flight hours in China, showcasing its critical role in national and international markets [12]. Group 3: Industry Development - Sichuan province is focusing on low-altitude economic development, integrating it into its key industrial chains, and is taking measures to accelerate the growth of this sector [12]. - The province aims to enhance support in policy, funding, application scenarios, research and manufacturing, airspace management, and capability building to establish itself as a hub for low-altitude economic development in the western region [12].

Recent Events - AVIC Shenyang Aircraft Corporation appointed Zuo Linxuan as the new general manager, previously serving as deputy general manager and chief engineer, indicating an optimization of the company's governance structure [1] - The company implemented a cash dividend on February 11, 2026, as part of the pre-Spring Festival dividend wave in the A-share market, reflecting the regulatory emphasis on investor returns [1] - On February 12, 2026, the U.S. conducted a "Red Flag" exercise simulating threats from China's J-20 and J-35 fighter jets, highlighting international attention on China's stealth aircraft technology, which may indirectly affect the sentiment in the military industry sector [1] Stock Performance - The stock price has shown volatility, dropping 2.00% to 54.82 yuan on February 11, with a trading volume of 775 million yuan and a net outflow of 130 million yuan from main funds; it rebounded to 55.66 yuan on February 13, with a single-day increase of 1.46% and a trading volume of 1.394 billion yuan, although main funds still experienced a net outflow of 5.9186 million yuan [1] - Over the past five days, the cumulative increase was 1.27%, with a fluctuation of 3.37%; technical analysis indicates the stock price is near the lower Bollinger Band, with a 20-day resistance level at 61.09 yuan and a support level at 52.06 yuan [1] Institutional Perspectives - Institutions maintain an optimistic outlook for the medium to long term, with a comprehensive target price of 68.43 yuan, indicating a potential upside of 22.94% from the latest price [3] - Profit forecasts suggest a 4.16% year-on-year increase in net profit for 2025, with growth accelerating to 16.29% in 2026, primarily driven by military trade expansion and expectations for J-35 mass production [3] - Recent institutional ratings are predominantly "buy" or "hold," but attention is required on delivery schedules and risks associated with military product pricing mechanism reforms [3]

Group 1 - The core point of the article is that Haige Communication's subsidiary, Xi'an Chida Aircraft, successfully completed the maiden flight of the flexible configuration heavy-duty drone "Jiutian" on December 11, 2025, marking a significant technological breakthrough in China's large drone sector [1] - The project is expected to contribute to the innovation and upgrade of the aviation industry in China [1] - Currently, the project has not had a significant impact on the company's business or financial performance [1]