9月30日，中航沈飞涨5.44%，截至发稿，报68.85元/股，成交16.14亿元，换手率0.87%，总市值1951.96 亿元。 数据显示，恒越基金旗下1只基金重仓中航沈飞。恒越优势精选混合（011815）二季度持有股数8.1万 股，占基金净值比例为4.79%，位居第四大重仓股。根据测算，今日浮盈赚取约28.75万元。 恒越优势精选混合（011815）成立日期2021年3月30日，最新规模9917.26万。今年以来收益120.84%， 同类排名12/8167；近一年收益155.85%，同类排名31/8010；成立以来收益31.53%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 从基金十大重仓股角度 责任编辑：小浪快报 恒越优势精选混合（011815）基金经理为吴海宁。 资料显示，中航沈飞股份有限公司位于辽宁省沈阳市皇姑区陵北街1号，成立日期1996年6月4日，上市 日期1996年10月11日，公司主营业务涉及实业投资;航空产品研发、生产、服务保障。主营业务收入构 ...

9月29日，2025辽宁省航空产业发展大会暨沈阳法库国际飞行大会的重要子活动——先进航空制造 技术与装备发展专题会议在沈阳召开。 本次会议以"做强航空产业，壮大发展动能"为主题，由辽宁省航空产业发展促进会主办，中国航空 工业集团沈飞承办，邀请众多行业内顶尖专家，围绕先进制造技术突破，在航空复合材料、先进制造技 术、智能装配等关键领域分享前沿技术成果与实践经验，旨在广泛汇聚智慧、激发创新活力，携手共促 产业技术升级，加快培育更多航空新质生产力，为航空强国，东北、辽宁全面振兴贡献更大力量。 辽宁是新中国航空工业的重要发源地，航空产业基础雄厚、创新活力充沛、区位优势突出，拥有较 为完善的航空装备产业链和丰富的人才资源。近年来，辽宁坚持科技创新与产业创新深度融合，加快产 业转型升级，发展航空产业时至势成、前景无限。 副省长王利波出席活动并致辞。 ...

Core Viewpoint - The announcement highlights the upcoming expiration of the first employee stock ownership plan of Beijing Xinxing Oriental Aviation Equipment Co., Ltd., which is set to end on March 31, 2026, and outlines the current status and future arrangements regarding the plan [1][2][4]. Group 1: Employee Stock Ownership Plan Status - The first employee stock ownership plan was approved on March 16, 2022, and involved the transfer of 4.020048 million shares to the plan's account [2][3]. - As of the announcement date, the plan holds 237,276 shares, representing 0.20% of the company's total share capital [3]. Group 2: Future Arrangements - The management committee will decide on the handling of shares based on market conditions and the management mechanism of the employee stock ownership plan [4]. - The plan will adhere to trading regulations and will not trade shares during specific blackout periods, including 15 days before annual and semi-annual reports and 5 days before quarterly reports [5]. Group 3: Plan Duration and Changes - The plan has a duration of 48 months, starting from the date of the last stock transfer to the plan's account, and can be extended with the approval of two-thirds of the plan holders [6][8]. - The plan will automatically terminate upon expiration unless extended or if all shares are sold [7][8].

截至发稿，晨曦航空市值为90亿元。 每经AI快讯，晨曦航空（SZ 300581，收盘价：16.45元）9月29日晚间发布公告称，公司第五届第六次 董事会会议于2025年9月28日在公司会议室以现场结合通讯方式召开。会议审议了《关于提请召开公司 2025年第二次临时股东大会的议案》等文件。 （记者 曾健辉） 2024年1至12月份，晨曦航空的营业收入构成为：航空机电产品占比86.27%，其他业务占比13.01%，专 业技术服务占比0.72%。 每经头条（nbdtoutiao）——重磅解读！中国将不寻求WTO新的特殊和差别待遇，意味着什么？ ...

Core Insights - The defense and military industry index experienced a decline of -0.42% over the past week, ranking 13th out of 31 in the Shenwan primary industry classification [5][9] - Over the past month, the index fell by -9.03%, ranking last at 31st out of 31 [5][10] - In the past year, the index has increased by 40.43%, ranking 10th out of 31 [5][15] - The current PE-TTM for the defense and military industry is 84.84, which is at the 77.44th percentile compared to the past decade [5][15][16] Industry and Stock Performance Review Industry Performance - The defense and military industry index's performance over the past week, month, and year shows significant fluctuations, with a notable annual increase [5][9][15] - The industry is currently facing a high valuation level, with the PE-TTM at a historical relative high [5][15] Stock Performance - Top-performing stocks in the defense and military sector over the past week include: - Xingwang Yuda (11.84%) - Aerospace Electronics (7.76%) - Sichuan Chuangxin (4.77%) [5][20] - Conversely, the worst-performing stocks include: - Jinxin Nuo (-5.70%) - Torch Electronics (-5.75%) - Hongyuan Electronics (-5.88%) [5][20] Funding Data Tracking - The total transaction volume for the defense and military industry reached 257 billion yuan this week, representing an 88.28% increase year-on-year but a decrease of 8.22% week-on-week [5][34] - The military ETF fund shares increased by 2.12% compared to last week and 82.40% compared to last year [5][37] Industry News - The successful training of three types of carrier-based aircraft on the Fujian ship marks a significant milestone for China's naval capabilities [5][46] - The U.S. has indicated that aircraft engines and components may become important bargaining chips in negotiations with China, highlighting the strategic importance of the aviation industry [5][45] Investment Recommendations - Suggested investment focuses include: - Aviation engines: Companies like Wanzhe Co., Parker New Materials, and others [5][46] - Military trade: Companies such as Hongdu Aviation and others [5][46] - Commercial aerospace: Companies like Aerospace Power and others [5][46] - Aircraft carrier supply chain: Companies such as Guorui Technology and others [5][46] - Military AI: Companies like Guanshang Technology and others [5][46]

军工周报：福建舰三型舰载机弹射起飞和着舰训练完成，入列可期 报告摘要： [Table_Summary] 板块回顾：上周申万国防军工指数下跌 0.42%，上证指数上涨 0.21%，深 证成指上涨 1.06%，创业板指数上涨 1.96%，沪深 300 指数上涨 1.07%， 国防军工板块涨幅在 31 个申万一级行业中排名第 13。截至周五收盘， 申万国防军工板块 PE(TTM)为 84.84 倍，各子板块中航天装备为 166.50 倍，航空装备为 79.01 倍，地面兵装为 140.59 倍，航海装备为 55.29 倍， 军工电子为 109.04 倍。 [Table_Title] 证券研究报告 / 行业周报 福建舰三型舰载机弹射起飞和着舰训练完成。9 月 22 日，新闻联播报道 歼-15T、歼-35、空警-600 三型舰载机于福建舰成功完成首次弹射起飞和 着舰训练，验证了我国完全自主研制的电磁弹射和阻拦系统与舰载机的 良好适配性，对推进海军转型建设具有里程碑意义。电磁弹射技术不但 适应了现代航母电气化、信息化的发展需要，而且具有系统效率高、弹 射范围广、准备时间短、适装性好、控制精确等突出优势。此外，电磁 弹射技 ...

Core Viewpoint - The Shanghai Stock Exchange has issued a regulatory warning to Jiangxi Hongdu Aviation Industry Co., Ltd.'s former director, Kang Yinglei, for violating trading regulations by purchasing company shares during a restricted period [1] Summary by Relevant Sections - **Regulatory Action**: The Shanghai Stock Exchange's regulatory body has decided to issue a warning to Kang Yinglei for her actions [1] - **Details of the Transaction**: On August 22, 2025, Kang Yinglei bought 20,000 shares of the company, representing 0.0028% of the total share capital, at a price of 41.57 yuan per share, totaling 831,400 yuan [1] - **Violation of Regulations**: The purchase occurred within 15 days prior to the announcement of the company's semi-annual report on August 30, 2025, which constitutes a violation of the trading regulations regarding the trading window period [1]

Market Performance - The aviation equipment sector rose by 1.05% on September 29, with Filihua leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Individual Stock Performance - Filihua (300395) closed at 75.71, with a gain of 5.24% and a trading volume of 247,400 shares, amounting to a transaction value of 1.848 billion yuan [1] - Other notable performers included: - *ST Guanqu (688287): closed at 5.09, up 3.04% [1] - Hitec (002023): closed at 12.42, up 2.99% [1] - Guangqi Technology (002625): closed at 49.67, up 2.96% [1] - Aero Engine Corporation (600893): closed at 40.36, up 1.92% [1] Capital Flow Analysis - The aviation equipment sector experienced a net outflow of 170 million yuan from institutional investors, while retail investors saw a net inflow of 1.41 billion yuan [2][3] - Notable capital flows included: - Aero Engine Corporation (600893): net outflow of 61.49 million yuan from institutional investors [3] - Filihua (300395): net outflow of 12.83 million yuan from institutional investors [3] - Aviation Technology (688239): net inflow of 34.18 million yuan from retail investors [3]

华秦科技公告，近日与某客户签订两份销售合同，其中《合同一》金额为人民币2.92亿元（含税）， 《合同二》金额为人民币1.09亿元（含税），上述两份合同金额合计人民币4.02亿元（含税）。合同履 行期限为交付时间为公司收到零件（物料）之日起180日内交货，客户有权根据进度要求调整交货时 间。若上述合同顺利履行，预计对公司业绩产生积极影响。 ...

中航沈飞、中航机载 20250926 摘要 航空装备在军工股中占比大，其表现对指数影响显著。2022 年经历景 气周期，随后下跌，预计 2025 年恢复。航发链紧随航空链，共同决定 指数涨跌。 地面兵装 2020-2025 上半年跑输指数，但 2025 年实现反超，表明其 表现有所改善。投资者需关注其持续性。 空战体系正从信息化向智能化过渡，未来将包括隐身飞机、无人机协同 作战等技术。中国十四五期间信息化航空装备建设取得重大进展。 中航沈飞被视为长期增长引擎，2020 年至今股价上涨 312%，目前市 值约 1,700-1,800 亿元，预计未来将突破 2000 亿元。公司治理风险较 低，发展前景乐观。 中航沈飞通过资产重组实现上市，业务纯粹。2025 年完成 39.7 亿元定 增，用于产能建设和维修业务。面临的挑战是产能扩展需求，新机型放 量速度低于预期。 中航沈飞财务表现亮眼，毛利率从 2019 年的 8.9%提升至 2023 年的 12.5%，净利率提升至 2024 年的 8%，是航空主机厂中净利润水平最 高的企业之一。 中航机载是航空电子系统龙头，占据中国航空装备市场 70%-80%份额。 航空产品占 ...