证券代码：688297 证券简称：中无人机 公告编号：2025-032 中航（成都）无人机系统股份有限公司 第五届监事会第十七次会议决议公告 本公司监事会及全体监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。 一、监事会会议召开情况 中航（成都）无人机系统股份有限公司（以下简称"公司"）第五届监事会 第十七次会议于 2025 年 8 月 28 日以现场会议的方式召开。会议通知于 2025 年 监事会主席高嵩先生主持会议，会议应参加监事 3 名，实际参加监事 3 名。 会议的召集和召开及监事出席人数符合《中华人民共和国公司法》等法律、法规、 规范性文件和《中航（成都）无人机系统股份有限公司章程》的有关规定。 监事会同意公司 2025 年半年度募集资金存放与实际使用情况的专项报告。 表决情况：赞成票：3 票，反对票：0 票，弃权票：0 票 (一) 关于公司《2025 年半年度报告》及摘要的议案 监事会认为：公司《2025 年半年度报告》及摘要的编制和审议程序符合相 关法律法规及《公司章程》等内部管理制度的规定；其内容和格式符合中国证监 会和上海证券交 ...

Core Viewpoint - Beijing StarNet Yuda Technology Co., Ltd. reported a revenue of 148.14 million yuan for the first half of 2025, reflecting a year-on-year growth of 6.41% despite challenges in military procurement orders [2] Group 1: Financial Performance - The company's information perception business generated revenue of 52.12 million yuan, up 14.32% year-on-year [2] - The satellite communication business saw a revenue decline of 46.15%, totaling 25.06 million yuan [2] - The unmanned systems business achieved significant growth, with revenue of 67.27 million yuan, marking a 52.71% increase and becoming a key growth driver [2] Group 2: Business Strategy and Diversification - Due to restrictions in military procurement qualifications, the company is shifting its focus from traditional military sectors to civilian areas, emphasizing low-altitude economy, low-orbit connectivity, autonomous driving, AI, and robotics [2] - The company is actively expanding into new military-related businesses such as equipment research and development and testing certification to mitigate the impact of reduced military orders [2] Group 3: Research and Development - The company has increased investment in R&D, obtaining over 20 authorized patents and developing new products including tactical-grade inertial measurement units and emergency rescue drones [3] - The company has launched intelligent terminal software for smart farming and introduced anti-drone defense systems and low-altitude security radars, enhancing its technological advantages in security [3] Group 4: Capital Operations - The company established a special team for low-altitude economy to integrate technical resources and deepen industry application scenarios [3] - The company completed the acquisition of 30% equity from minority shareholders of its subsidiary StarNet Zhikong for 7.25 million yuan, making it a wholly-owned subsidiary [3] - The company has implemented a share repurchase plan, buying back 1.22 million shares for employee stock ownership plans or equity incentives [3] Group 5: Project Progress - The company has terminated the "Drone Industrialization Project" and will use the remaining funds to supplement working capital [4] - The "Drone System Research Institute Project" has experienced delays due to equipment procurement and macroeconomic factors, with an investment progress of 10.41% as of the reporting period [4]

Core Viewpoint - China Orient Asset Management focuses on providing financial support to the manufacturing sector, aiming to be a resolver of financial risks, a promoter of industrial transformation, and a guardian of healthy corporate development [1] Group 1: Financial Support and Investment - Over the past five years, China Orient has invested in 122 manufacturing projects, with a total investment exceeding 45 billion yuan, supporting high-quality development in China's manufacturing sector [1] - The company employs various financial strategies, including non-performing asset acquisition and market-oriented debt-to-equity swaps, to provide comprehensive financial services across different stages of manufacturing enterprises [1] Group 2: Case Studies of Support - A leading domestic drone manufacturer faced potential negative impacts due to shareholder debt defaults. China Orient intervened through non-performing asset acquisition and substantial restructuring, helping stabilize the company's equity structure and reduce its debt ratio [2] - China Orient established a special fund to support Zhongxin Innovation (formerly known as China Aviation Lithium Battery) in increasing capital and repaying external financial liabilities, aiding in the company's innovation and development [2] - Jiangsu Zhongli Group, once a top private enterprise, faced operational difficulties due to various financial issues. China Orient facilitated the company's restructuring, helping it offload nearly 10 billion yuan in debt and retain over 2,600 jobs [3] Group 3: Innovative Restructuring Approaches - A fine phosphorus chemical company, affected by shareholder fund occupation, underwent a successful debt restructuring with China Orient's assistance, significantly improving its market value and creditor repayment rates [4] - China Orient's involvement in the restructuring of a key salt lake industry enterprise in Qinghai helped mitigate regional financial risks and support the development of high-quality lithium carbonate projects [5] Group 4: Future Directions - China Orient plans to enhance its focus on resolving financial risks, serving the real economy, and deepening financial reforms, while continuing to support high-quality development in the manufacturing sector and optimizing financial service models [6]

Core Viewpoint - The high-quality development of the manufacturing industry is crucial for achieving China's strategic goal of becoming a manufacturing powerhouse, with financial support playing a significant role in this process [1] Group 1: Financial Support for Manufacturing - China Orient Asset Management has focused on the financial needs of the manufacturing sector, increasing support to become a "resolver" of financial risks, a "promoter" of industrial transformation, and a "guardian" of healthy enterprise development [1] - Over the past five years, China Orient has invested in 122 manufacturing projects, with a total investment exceeding 45 billion yuan [1] Group 2: Addressing Pain Points in Manufacturing - The company addresses significant challenges faced by manufacturing firms, such as funding gaps for equipment upgrades and difficulties in financing emerging technologies, by providing comprehensive financial services tailored to different stages of enterprise development [2] - China Orient has utilized strategies like bad asset acquisition and market-oriented debt-to-equity swaps to support companies like a leading drone manufacturer, helping it navigate financial crises and stabilize its equity structure [2] Group 3: Supporting Financial Structure Optimization - China Orient has participated in capital increases for key players in the new energy vehicle sector, such as Seres, to help them strengthen capital and control debt ratios [3] - The company has also set up special funds to assist battery manufacturers like AVIC Lithium Battery in reducing financial liabilities and accelerating innovation [3] Group 4: Risk Management and Corporate Restructuring - China Orient has leveraged its expertise in debt restructuring to assist struggling manufacturing firms, such as Jiangsu Zhongli Group, in navigating bankruptcy and achieving successful reorganization [4] - The company has facilitated the restructuring of Zengzhou Heavy Industry, resolving over 1.8 billion yuan in debt and revitalizing production capacity through strategic partnerships [5] Group 5: Promoting Industrial Upgrading - The company is committed to supporting the transformation and upgrading of traditional industries, focusing on high-end, intelligent, and green manufacturing [7] - China Orient has played a role in the development of the integrated circuit industry in Hefei, helping local enterprises secure funding and enhance their long-term growth potential [7] Group 6: Supporting Semiconductor and Lithium Industries - China Orient has invested in semiconductor companies like Innosec, aiding in debt relief and expansion efforts, which has led to successful public listings and increased market presence [8] - The company has also supported the construction of a world-class lithium salt industry base in Qinghai, contributing to regional credit environment improvement and project financing [8] Group 7: Future Directions - Moving forward, China Orient aims to deepen its involvement in financial risk resolution, service for the real economy, and financial reform, with a focus on supporting high-quality manufacturing development and the transformation of specialized enterprises [9]

Core Viewpoint - The integration of drone technology into natural resource supervision is transforming traditional inspection methods, enhancing efficiency and effectiveness in data collection and decision-making processes [3][11]. Group 1: Multi-Dimensional Information Capture - Drones equipped with diverse sensors, including LiDAR and thermal imaging, extend information gathering from visible to multi-dimensional data, enabling precise identification of non-agricultural land disguised as farmland [3][11]. - The ability to capture thermal signals allows for the detection of illegal mining activities even under dense vegetation, enhancing the depth of resource utilization information [5][11]. Group 2: Temporal and Spatial Flexibility - Drones demonstrate strong adaptability to various terrains, enabling comprehensive inspections in challenging environments such as steep mountains and wetlands, achieving "no blind spots" in monitoring [12]. - Small drones can be deployed within 10 minutes for immediate response, while larger drones can cover hundreds of square kilometers for macro-level scanning, facilitating a combination of detailed and broad inspections [12]. Group 3: Enhanced Data Precision - Advances in positioning and surveying technologies have led to centimeter-level accuracy in drone data, meeting high precision requirements for land surveys and mineral extraction monitoring [13]. - In Hebei province, drones have been used to create 3D models that accurately calculate monthly extraction volumes, with discrepancies controlled within 3%, providing a solid basis for resource management [13]. Group 4: Cost-Effectiveness and Efficiency - The cost of a small to medium-sized drone system is significantly lower than traditional surveying equipment, making it feasible for widespread adoption in natural resource departments [14]. - The use of drones has reduced the time required for inspections from five days to two in hard-to-reach areas, optimizing resource allocation and enhancing accuracy in data verification [14]. Group 5: Dynamic Collaborative Capability - Drones serve as a critical node in an integrated natural resource supervision network, collaborating with satellite imagery and ground sensors to create a comprehensive inspection model [15]. - This collaborative approach enhances the speed and efficiency of inspections, transitioning from single technology applications to multi-technology operations, significantly improving response times and operational effectiveness [15].

Core Viewpoint - The integration of drone technology, LiDAR, and AI is transforming natural resource supervision, enhancing efficiency and precision in data collection and analysis, and addressing the limitations of traditional inspection methods [3][11][20]. Group 1: Technological Advancements - Drones are becoming a key technology in enhancing the effectiveness of natural resource supervision, allowing for multi-dimensional information capture beyond traditional methods [3][5]. - The integration of various sensors, including LiDAR and high-resolution cameras, enables comprehensive data collection, improving the accuracy of inspections [4][14]. - The use of AI algorithms for data processing allows for real-time analysis and automated identification of issues, significantly increasing the efficiency of problem detection [13][20]. Group 2: Operational Efficiency - Drones provide high spatial adaptability, allowing for inspections in challenging terrains such as mountains and wetlands, ensuring comprehensive coverage [5][14]. - The system supports dynamic monitoring, enabling quick responses to emerging issues and long-term surveillance of ecological areas [5][12]. - The cost-effectiveness of drone operations compared to traditional methods enhances the overall efficiency of natural resource management [6][14]. Group 3: Applications in Natural Resource Management - The technology supports various applications, including farmland protection, land use regulation, and ecological restoration, significantly improving the detection of potential violations [11][16]. - LiDAR technology allows for precise identification of illegal activities, such as unauthorized construction and mining, by overcoming the limitations of traditional satellite imagery [15][17]. - The system can estimate agricultural metrics, such as planting and fallow areas, contributing to food security assessments [18]. Group 4: Strategic Implications - The adoption of this technology encourages a shift in mindset among supervisory personnel, promoting proactive problem identification rather than reactive measures [20][21]. - By establishing independent data sources, supervisory agencies can enhance their operational capabilities and reduce reliance on external support [21]. - The technology enables continuous and standardized inspections, addressing previously challenging areas such as illegal land use and resource extraction [21].

Core Insights - The stock of Zhong Unmanned Aerial Vehicle (UAV) increased by 2.19% on August 28, with a trading volume of 896 million yuan [1] - The company reported a significant year-on-year revenue growth of 284.64% for the first quarter of 2025, reaching 236 million yuan [2] - The total dividends distributed by Zhong UAV since its A-share listing amount to 357 million yuan [3] Financing and Trading Activity - On August 28, Zhong UAV had a net financing buy of -7.73 million yuan, with a total financing balance of 636 million yuan, representing 1.62% of its market capitalization [1] - The company’s margin trading balance is at a high level, exceeding the 90th percentile of the past year [1] - The short selling activity on August 28 included 1,000 shares sold and 900 shares repaid, with a short selling balance of 432,230 yuan, also at a high level [1] Shareholder Structure - As of March 31, the number of shareholders for Zhong UAV decreased by 6.54% to 28,200, while the average number of circulating shares per person increased by 6.99% to 9,643 shares [2] - Major shareholders include various ETFs, with notable changes in holdings among the top ten shareholders [3]

Core Viewpoint - The article emphasizes the importance of enhancing collaboration between government and key industries to foster economic growth and innovation, particularly in the fields of artificial intelligence and digital economy [2][3][4]. Group 1: Government Initiatives - The Guangzhou municipal government is actively engaging with major companies like China Mobile to understand their operational challenges and to strengthen partnerships for economic development [2][3]. - The government is focusing on implementing policies that support enterprise growth, project expansion, and the cultivation of new economic drivers, particularly in the context of the "14th Five-Year Plan" [4]. Group 2: Industry Development - There is a strong emphasis on the development of the artificial intelligence industry, with plans to enhance infrastructure and support services in the China Artificial Intelligence (Guangzhou) Industrial Park [3][4]. - The government aims to attract leading and high-growth companies in the AI sector, enhancing the supply of critical resources such as computing power, data, and talent [3][4]. Group 3: Economic Strategy - The strategy includes accelerating project construction during the "golden period" of investment, with a focus on expanding effective investment and creating new growth points for the economy [4]. - The article highlights the need for a modern industrial system, specifically the "12218" plan, to drive the transformation and upgrading of traditional industries while promoting the growth of emerging sectors like low-altitude economy and digital economy [4].

在重庆市南岸区，无人机升空执行"魅力重庆"常态化无人机灯光秀表演。新华社记者 黄 伟摄 在广东省深圳市大漠大智控技术有限公司，艺术设计部的员工在设计无人机表演的图案。新华社记者 梁 旭摄 清晨6时，海拔1500米处，四川省雅安市汉源县山间的樱桃林还笼罩着一层薄雾。京东物流的调度人员 李鹏已坐在操作中心的大屏前，监控着12条无人机航线的实时数据。山上，数架京东物流"飞狼JDX- 50"无人机桨叶疾转，正沿他规划的航线将刚采摘装箱的樱桃送往分拣中心。 最近，李鹏的职业有了新名字——"无人机群飞行规划员"。今年7月，人力资源社会保障部发布第七批 新职业，包括17个新职业和42个新工种，无人机群飞行规划员位列其中，是指从事无人机群任务规划、 飞行路线设计与运行管理等工作的专业人员。 在社交网络上，他们被称为无人机群的"编队指挥官"。这个新职业的日常工作内容是什么？一名优秀的 无人机群飞行规划员要具备哪些技能？职业发展的前景又如何？带着这些问题，笔者采访了从业者。 技术多面手，会飞无人机的技术专家 "光看名字，似乎这个职业主要是负责无人机的任务规划和路径设计，实际上，我们的工作内容要复杂 得多。"李鹏接受采访时说。每天 ...

最近，李鹏的职业有了新名字——"无人机群飞行规划员"。今年7月，人力资源社会保障部发布第七批 新职业，包括17个新职业和42个新工种，无人机群飞行规划员位列其中，是指从事无人机群任务规划、 飞行路线设计与运行管理等工作的专业人员。 在社交网络上，他们被称为无人机群的"编队指挥官"。这个新职业的日常工作内容是什么？一名优秀的 无人机群飞行规划员要具备哪些技能？职业发展的前景又如何？带着这些问题，笔者采访了从业者。 技术多面手，会飞无人机的技术专家 清晨6时，海拔1500米处，四川省雅安市汉源县山间的樱桃林还笼罩着一层薄雾。京东物流的调度人员 李鹏已坐在操作中心的大屏前，监控着12条无人机航线的实时数据。山上，数架京东物流"飞狼JDX- 50"无人机桨叶疾转，正沿他规划的航线将刚采摘装箱的樱桃送往分拣中心。 "光看名字，似乎这个职业主要是负责无人机的任务规划和路径设计，实际上，我们的工作内容要复杂 得多。"李鹏接受采访时说。每天早上，他的工作从接受任务需求开始，需要完成四大任务：根据任务 需求划定航线、开展安全评估并制定应急预案；编制飞行计划并与相关政府部门协调；实时监控飞行过 程并关注情况变化；随时准备处理紧急 ...