智通财经6月20日电，据中国航空工业集团消息，"吉祥鸟"AC332直升机近日在云南省宁蒗泸沽湖机场 完成高原自转着陆试飞，这在国产双发直升机中尚属首次。此次试飞充分验证了该直升机自转着陆设计 的可靠性，标志着型号相关性能符合适航标准。 国产双发直升机首次完成高原自转着陆试飞 ...

东北证券表示，在当下时点，军工行业扰动因素已基本消除，下游需求呈恢复性增长，同时2027年建设 目标迫在眉睫，中长期目标也对行业发展提供明确指引：2035年基本实现国防和军队现代化，2050年把 人民军队全面建成世界一流军队。伴随需求恢复，产能结构逐步优化，国防军工板块有望得到大幅改 善，安全边际高，具备长期成长确定性。 长江证券指出，近年来世界军贸总体需求或将显著增加，而中国装备良好的作战性能及充足且高质量的 供给或将成为中国军贸装备稳步扩大在世界的军贸份额的底气所在，我们认为中国军贸或将迎来高速增 长期，相应企业盈利能力及盈利质量或将迎来快速改善期。 6月20日，A股市场集体走低，国证航天指数收跌1.58%。 相关ETF中，截至收盘，航空航天ETF天弘（159241）跌1.45%，成交额超3500万元，换手率超22%， 位居同标的产品第一。成分股中，长城军工涨停，国博电子、中船应急、中国海防、航材股份等股涨幅 居前。 资金流向上，Wind金融终端数据显示，航空航天ETF天弘（159241）昨日获超1000万元资金净流入。 航空航天ETF天弘（159241）紧密跟踪国证航天指数，按申万一级行业分类，该指数以 ...

Core Insights - The article highlights the dedication and expertise of Luo Zhuohong, a national-level skill master, in the field of aviation engine maintenance, emphasizing the importance of foundational skills and rigorous training for young technicians [1][2][3] Group 1: Training and Skill Development - The national-level skill master studio focuses on cultivating high-skilled talent in the intelligent equipment sector, which is rapidly evolving and requires advanced professional skills and innovative capabilities [4] - Luo Zhuohong has developed a specific training methodology called "Four Diligent and One Keen, Seven Musts and One Not Left Behind," aimed at enhancing the quality of work among young service personnel [5] - The studio has successfully trained 16 members, with 8 becoming technical backbones, 5 becoming skill backbones, and 3 achieving "dual-teacher" status, showcasing the effectiveness of the training programs [6] Group 2: Industry Trends and Requirements - The new generation of skilled workers must possess a combination of technical abilities, continuous learning capacity, and problem-solving skills to adapt to the evolving industry landscape [8] - The skill master studio plays a crucial role in leading the training of skilled craftsmen by sharing valuable experiences and innovative methods to tackle technical challenges in the equipment sector [9] Group 3: Embracing Technological Advancements - The studio is actively engaging in the development of intelligent technologies, including smart identification for hole detection, infrared thermal imaging, and 3D printing, with several achievements already implemented in practice [9][10] - There is a commitment to utilizing big data technology for equipment fault analysis and performance calculations, aligning with the industry's shift towards automation and intelligence [9]

Core Viewpoint - The 2025 Paris Air Show, scheduled from June 16 to June 22, will see significant participation from Chinese companies across key sectors such as special materials, engines, and complete aircraft manufacturing, which is expected to catalyze investment enthusiasm in the military industry [1] Industry Summary - The Chinese military industry is anticipated to benefit from dual drivers: the transformation of the global military development environment and endogenous growth driven by strong planning [1] - Geopolitical conflicts and trade frictions are increasing uncertainty in international relations, leading to a sustained rise in military demand and enhancing the strategic position of the military industry [1] - The military industry exhibits stronger anti-cyclicality compared to traditional industries, showcasing rigidity and stability [1] - Short-term drivers such as accelerated technological iteration, approaching key strategic nodes, and the upcoming five-year planning cycle are expected to maintain an upward trend in industry prosperity [1] Company Summary - The J-10C fighter jet has demonstrated its capabilities by shooting down three 4.5-generation Rafale jets during the India-Pakistan border conflict, garnering global attention and leading to potential foreign trade orders, including interest from the Indonesian government [2] - The overall tone for military enterprises this year aligns with achieving the established goals of the "14th Five-Year Plan," with demand recovering from the upstream sector [2] - The military industry in China is transitioning from "import dependence" to "independent innovation" and even "foreign trade export" [2] - The military ETF (512660) has gained significant investor attention, achieving historical highs in both share size and net value performance, indicating a strong market interest in the military sector amid increasing geopolitical uncertainties [2]

Core Viewpoint - The company, Weihai Guangtai Airport Equipment Co., Ltd., has announced its 2024 annual profit distribution plan, which includes a cash dividend of 1.0 yuan per 10 shares for all shareholders, excluding shares held in the repurchase account [2][3][6]. Group 1: Profit Distribution Plan - The profit distribution plan was approved at the 2024 annual shareholders' meeting held on May 13, 2025, and the announcement was published on May 14, 2025 [3][4]. - The total cash dividend amount is 51,565,046.80 yuan, calculated based on the adjusted share capital of 515,650,468 shares after excluding 16,355,393 repurchased shares [2][3][6]. - The cash dividend will be distributed on June 27, 2025, with the record date set for June 26, 2025 [7][8]. Group 2: Convertible Bond Price Adjustment - The company will adjust the conversion price of its convertible bonds, "Guangtai Convertible Bonds," from 9.25 yuan per share to 9.15 yuan per share due to the cash dividend distribution [13][18]. - The adjustment formula used is P1 = P0 - D, where P0 is the previous conversion price and D is the cash dividend per share [18]. - The new conversion price will take effect on June 27, 2025 [13][18].

Core Viewpoint - The comparison between the J-10CE and the Rafale has become a focal point for foreign media, highlighting the advancements in military aviation technology [1] Group 1 - The spokesperson for China Aviation Industry Corporation, Wu Jiwei, stated that both aircraft are advanced fighters recognized globally [1] - There is an expressed hope that advanced fighter jets from various countries can contribute to global peace [1]

航空装备板块短线走低，晨曦航空（300581）跌超9%，爱乐达（300696）、通易航天、晟楠科技、佳 力奇（301586）等跟跌。 ...

广联航空（300900）公告，公司拟将持有的成都航新2.50%股权转让给天津融和致远航空装备合伙企业 (有限合伙)，1.25%股权转让给上海浦东智能智造一期私募投资基金合伙企业(有限合伙)，2.50%股权转 让给扬州高投毅达鑫海三期创业投资合伙企业(有限合伙)，3.75%股权转让给成都毅达交子环投兴华汇 蓉壹号创业投资基金合伙企业(有限合伙)。本次转让股权比例合计为10.00%，交易总价为4000万元。股 权转让完成后，公司持有成都航新50.10%股权，成都航新仍为公司控股子公司。 ...

Core Viewpoint - Chengdu Lihang Technology Co., Ltd. is focusing on high-end aerospace equipment R&D and manufacturing, with a commitment to technological innovation and market expansion, despite facing a decline in net profit and challenges in financial performance [4][18]. Meeting Overview - The 2024 Annual General Meeting (AGM) will cover various proposals including the board and supervisory reports, financial statements, profit distribution plans, and the appointment of audit institutions [3][4][5]. Financial Performance - The company reported a revenue of CNY 289.85 million, a year-on-year increase of 23.54%, while the net profit attributable to shareholders was a loss of CNY 93.94 million, down 37.51% from the previous year [4][18]. - Total assets increased by 5.69% to CNY 1.15 billion, while net assets attributable to shareholders decreased by 11.7% to CNY 720.60 million [4][18]. Innovation and R&D - The company completed 29 out of 35 R&D projects during the reporting period, achieving an 82.9% completion rate and securing 5 invention patents [5][6]. - Emphasis is placed on adapting to technological advancements in smart and information technology, enhancing the existing R&D framework [5][6]. Management and Governance - The board of directors has been active in meeting and decision-making, with a focus on improving management efficiency and internal controls [6][18]. - The company has established a three-year dividend return plan to enhance transparency and protect shareholder interests [6][19]. Market Development - The company is expanding its market presence in both military and civilian aviation sectors, leveraging its technological strengths to diversify its business [7][18]. - Efforts are being made to integrate into the low-altitude economy and enhance the digitalization of products [18][19]. Financial Indicators - Key financial ratios indicate a decline in liquidity, with the current ratio at 1.86, down 41% from the previous year, and the quick ratio at 1.22, down 48% [26]. - The gross profit margin decreased to 6.21%, while the basic and diluted earnings per share were both reported at -1.22, reflecting a 37.08% decline [26]. Future Plans - The company aims to set clear operational goals for 2025, focusing on enhancing business competitiveness and accelerating project construction [18][19]. - Plans include strengthening core technology development and improving governance mechanisms in compliance with legal regulations [19][20].

作者 | 哥吉拉 数据支持 | 勾股大数 据（www.gogudata.com） 在地缘冲突事件持续发酵、全球武器装备需求增加的背景之下，国防军工概念的关注度持续增加。 殊不知，航空航天板块景气度也在陡然回升。 6月18日，在港股大幅回调、A股大盘微幅上涨的环境下，两市的军工板块依旧整体逆市走强，其中 航空航天 ETF天弘 (159241） 逆势上涨 ，明显跑赢大市 。 01 军工股逆市走强 A股三大指数小幅上涨，截至收盘，上证指数涨0.04%，深证成指涨0.24%，创业板指涨0.23%，成交额略微缩量。 板块方面，电子元器件、通信设备、软饮料、航天军工概念等领涨，办公用品、日用化工、生物科技、房地产等板块表 现不佳，领跌市场。 | | | | Wind中国行业指数 | | | | --- | --- | --- | --- | --- | --- | | 电子元器件 | 软饮料 | 通信设备 | 航天军工 | 银行 | 未営体 | | 2.08% | 1.57% | 1.42% | 1.11% | 0.91% | 0.75% | | 电脑硬件 | 汽车零部件 | 工业机械 | 电工电网 | 化肥农药 | 券 ...