Group 1 - The 2025 Air Force Aviation Open Event and Changchun Air Show has officially commenced, marking the largest and most comprehensive exhibition since 2019, with expected attendance exceeding 800,000 [1] - The exhibition utilizes the Changchun International Aviation Expo City for the first time, with a total area of 2.358 million square meters, doubling the size from the previous event [1] - Over a hundred types of active Air Force aircraft, ground equipment, and retired classic equipment will be showcased, including the debut of the AEF1200 engine and other star products from China Aviation Engine Corporation [1] Group 2 - The air show emphasizes audience participation and experience, featuring immersive experience zones such as simulated flights to provide a deeper understanding of the Air Force [2] - The Air Force has arranged several performance activities to highlight the effectiveness of practical training, with performances from teams like "August 1," "Red Eagle," and "Sky Wing" [2] - Open activities in military camps are scheduled to attract more audiences, especially youth, to engage with and learn about the Air Force [2]

Core Insights - India plans to purchase 114 French Rafale fighter jets in September, amounting to a total of $22.6 billion, which would be the largest defense procurement in India's history [1] - In response, Bangladesh has decided to spend approximately $1 billion to acquire 12 Chinese J-10CE fighter jets, which previously outperformed the Rafale in a recent air conflict [1] - The military dynamics in South Asia may undergo significant changes over the next decade due to these developments [1]

Group 1 - Shudao Equipment's subsidiary signed a construction contract worth 24.68 million yuan for a hydrogen fuel cell manufacturing base project [1] - Zhongliang Technology received a land acquisition compensation of 30 million yuan from the government [2] - Palm Holdings won a bid for a high-standard farmland construction project in Lankao County, with a contract value of 433 million yuan, accounting for 14.12% of the company's audited revenue for 2024 [3] Group 2 - Changchun Yidong's subsidiary received a government subsidy of 2.85 million yuan, which is 122.78% of the company's audited net profit for the last fiscal year [4] - Wuzhou Transportation successfully issued 200 million yuan in medium-term notes with an interest rate of 2.10% [5][6] - Tiandi Source's subsidiary plans to apply for a trust loan of up to 500 million yuan from related parties [8] Group 3 - Tiandi Source's subsidiary acquired a residential land use right in Xi'an for 2.015 billion yuan [9] - Opcon Vision received a medical device registration certificate for its ultrasonic nebulizer [11] - Jingjiawei announced the resignation of its vice president due to personal reasons [13] Group 4 - Fulinh Precision's subsidiary received a prepayment of 1.5 billion yuan from CATL for securing lithium iron phosphate material supply [15] - Yunzhu Technology's subsidiary received a government subsidy of 20.12 million yuan [16] - Kehua Bio's ferritin test kit received a medical device registration certificate [17] Group 5 - Jinghua Pharmaceutical's medical sodium alginate wound dressing received a medical device registration certificate [18] - Lingwei Technology established a wholly-owned subsidiary with a registered capital of 1 million yuan [19] - Sanwei Co. won a bid for concrete sleeper procurement projects worth 158 million yuan [20] Group 6 - Shanghai Pharmaceuticals' Nicardipine tablets passed the consistency evaluation for generic drugs [21] - Lushan New Materials increased its idle fund management limit to 750 million yuan [24] - Huayi Technology announced the retirement of a core technical staff member [25] Group 7 - Yingli Environment plans to use up to 300 million yuan of idle raised funds for cash management [30] - Yong'an Forestry plans to develop a national reserve forest project in Putian, Fujian, with an estimated investment of 154 million yuan [32] - Xinyuan Technology's shareholders plan to reduce their holdings by up to 3.18% of the company's shares [60]

Group 1: Company Performance and Growth - The company's second-quarter performance demonstrates resilience in its business model and new growth momentum, with significant increases in delivery volume and business revenue due to ongoing R&D and manufacturing capabilities [1][2] - The company has established a virtuous cycle of "pre-research, in-research, and mass production" across over 40 projects derived from seven core areas, enhancing its competitive edge in the aviation industry [2] Group 2: Strategic Opportunities - The construction of the Yangtze River Delta large aircraft industry cluster presents a major strategic opportunity, with the company actively expanding its maintenance market and product development capabilities for domestic large aircraft [2][3] - The company has successfully developed and delivered the first domestic eVTOL simulator and is involved in setting industry standards, positioning itself as a core builder of the "low-altitude simulation ecosystem" [3][4] Group 3: International Expansion - The company is leveraging the "Belt and Road" initiative to systematically explore overseas markets, focusing on Southeast Asia and aiming to expand its market share in simulator sales and aircraft maintenance [4]

Core Viewpoint - The company has completed the repurchase and cancellation of shares, which is expected to enhance earnings per share and boost investor confidence [1] Group 1: Share Repurchase Details - On July 28, 2022, the company repurchased a total of 6,013,081 shares, accounting for 0.6031% of the total share capital, with a total expenditure of 106 million yuan [1] - The company decided to change the purpose of the repurchased shares to cancellation in order to reduce registered capital [1] - The cancellation of the 6,013,081 shares was completed on September 18, resulting in a reduction of total share capital from 990,929,102 shares to 984,916,021 shares, which represents a decrease of 0.61% [1] Group 2: Impact of Share Cancellation - The share cancellation complies with regulations and does not affect the company's financial status, control, or listing status [1] - The action is anticipated to enhance earnings per share, thereby increasing investor confidence [1] - The company will proceed with the registration of changes with the industrial and commercial authorities and disclose relevant information [1]

Group 1 - The aviation equipment sector experienced a decline of 0.55% on September 18, with Shengnan Technology leading the drop [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] - Notable gainers in the aviation equipment sector included Chaozhuo Aerospace (up 7.13% to 54.98), Hangyu Technology (up 5.47% to 39.34), and ST Lihang (up 4.98% to 21.93) [1] Group 2 - Shengnan Technology saw a decline of 4.22% to close at 28.80, with a trading volume of 27,900 shares and a transaction value of 82.62 million [2] - The aviation equipment sector experienced a net outflow of 5.57 billion from main funds, while retail investors saw a net inflow of 2.97 billion [2] - The trading volume for notable decliners included Boyun New Materials (down 3.28% to 8.26) and Haitai High-tech (down 3.14% to 12.03) [2]

科技部：C919大飞机累计获得国内外订单超过1000架 中新网9月18日电 国务院新闻办公室18日下午举行 "高质量完成'十四五'规划"系列主题新闻发布会，科 技部负责人介绍"十四五"时期科技创新发展成就。 科技部副部长龙腾在会上介绍，人民对美好生活的向往始终是我们做好科技工作的重要出发点和落脚 点。在"十四五"期间，我们以天更蓝、食更优、行更快、更健康等目标，进行了系统性布局，取得了一 系列突破性成果。 在天更蓝方面，围绕实现绿水青山的目标，部署了环境污染防治、长江黄河绿色流域构建等重点任务。 比如，通过科研攻关，搞清了京津冀及周边重污染形成机制，中长期空气质量预报准确率显著提升，精 准防治使京津冀及周边地区PM2.5的平均浓度下降了18%。 在食更优方面，围绕国家粮食安全、乡村全面振兴等目标，部署了生物育种、农机装备等重点任务。例 如，利用分子设计育种技术，育成小麦、玉米、水稻等一批生产急需的重大品种，实现了抗病、抗干 旱、品质及丰产性的协同提升，为保障我国粮食安全和种业振兴提供有力的科技支撑；创新梯田水稻、 丘陵玉米、山地果蔬等生产智能装备及系统，研制大马力动力换档拖拉机等，填补了我国大型农业高端 动力 ...

Core Viewpoint - The stock of AVIC Shenyang Aircraft Corporation (中航沈飞) has shown a mixed performance in recent trading sessions, with a notable increase in stock price and significant trading volume, indicating active market interest [1][2]. Stock Performance - Year-to-date, AVIC Shenyang's stock price has increased by 18.58%, with a 1.41% rise over the last five trading days, a 1.99% decline over the last 20 days, and a 10.97% increase over the last 60 days [2]. - As of September 18, the stock price reached 59.67 CNY per share, with a total market capitalization of 169.17 billion CNY [1]. Financial Performance - For the first half of 2025, AVIC Shenyang reported a revenue of 14.628 billion CNY, a year-on-year decrease of 32.35%, and a net profit attributable to shareholders of 1.136 billion CNY, down 29.78% year-on-year [2]. - Cumulative cash dividends since the company's A-share listing amount to 4.356 billion CNY, with 2.992 billion CNY distributed over the last three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 13.07% to 124,700, with an average of 22,032 shares held per shareholder, an increase of 15.18% [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 35.176 million shares, an increase of 15.506 million shares from the previous period [3].

Core Viewpoint - The stock of Guangqi Technology has shown a positive trend with a year-to-date increase of 4.06% and a significant rise of 29.60% over the past 60 days, indicating strong market interest and performance [1][2]. Financial Performance - For the first half of 2025, Guangqi Technology reported a revenue of 943 million yuan, representing a year-on-year growth of 10.70%, and a net profit attributable to shareholders of 386 million yuan, which is a 6.75% increase compared to the previous year [2]. - The company has distributed a total of 833 million yuan in dividends since its A-share listing, with 792 million yuan distributed over the last three years [3]. Stock Market Activity - As of September 18, Guangqi Technology's stock price reached 49.74 yuan per share, with a market capitalization of 107.169 billion yuan. The stock experienced a net inflow of 35.4545 million yuan from main funds [1]. - The company has appeared on the "龙虎榜" (a stock trading list in China) four times this year, with the most recent appearance on August 20, where it recorded a net purchase of 237 million yuan [1]. Shareholder Structure - As of June 30, 2025, Guangqi Technology had 120,400 shareholders, a decrease of 0.78% from the previous period, with an average of 17,900 circulating shares per shareholder, which is an increase of 22.19% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited and Shenwan Hongyuan Securities Co., Ltd., with notable increases in their holdings [3].

Company Overview - China Aviation Power Co., Ltd. is located in Xi'an, Shaanxi Province, established on December 23, 1993, and listed on April 8, 1996. The company specializes in the manufacturing of aircraft engines and related products, production of civil aviation engine components for foreign trade, and some non-aviation products. The main business revenue composition is: 91.55% from aircraft engines and related products, 6.17% from foreign trade exports, and 2.28% from non-aviation products and others [1]. Financial Performance - As of June 30, 2025, the company achieved an operating income of 14.098 billion yuan, a year-on-year decrease of 23.99%. The net profit attributable to the parent company was 91.778 million yuan, down 84.57% year-on-year [2]. - The company has cumulatively distributed 4.057 billion yuan in dividends since its A-share listing, with 1.072 billion yuan distributed in the last three years [3]. Stock Performance - On September 18, the stock price of Aviation Power rose by 2.02%, reaching 37.80 yuan per share, with a trading volume of 241 million yuan and a turnover rate of 0.24%. The total market capitalization is 100.759 billion yuan [1]. - Year-to-date, the stock price has decreased by 8.59%, with a slight increase of 0.03% over the last five trading days, a decline of 4.74% over the last 20 days, and an increase of 4.64% over the last 60 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders is 149,900, an increase of 6.41% from the previous period. The average circulating shares per person decreased by 6.03% to 17,778 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the third-largest shareholder with 73.4625 million shares, an increase of 15.3358 million shares from the previous period. The Fortune China Securities Military Industry Leader ETF is the seventh-largest shareholder with 25.5778 million shares, a new entry [3].