Core Points - The article outlines the governance structure and operational rules of Aerospace Science and Technology Holding Group Co., Ltd, emphasizing the importance of protecting shareholder rights and ensuring effective decision-making by the board of directors [1][32] - The board of directors is established as the decision-making body responsible for the company's management and strategic direction, consisting of nine members, including independent and employee directors [3][4] - The board has specific powers, including convening shareholder meetings, executing resolutions, formulating development strategies, and overseeing financial budgets [4][5] - The article details the procedures for board meetings, including the requirements for quorum, voting, and the responsibilities of the board secretary [6][7][10] Governance Structure - The board of directors is composed of nine members, including three independent directors and one employee director, elected by a majority vote [3][4] - The board is responsible for major decisions, including investment projects, financial planning, and corporate restructuring, with specific limits on the amount of investment and asset transactions [3][4][5] - The board has established specialized committees, such as the audit committee and remuneration committee, to assist in governance and oversight [2][5] Meeting Procedures - The board must hold at least four regular meetings annually, with proper notice given to all directors [6][7] - Decisions require a majority vote from the attending directors, and specific procedures are in place for handling conflicts of interest among directors [8][9] - Meeting records must be maintained for ten years, detailing attendance, discussions, and resolutions passed [9][10] Responsibilities and Rights of Directors - Directors are required to act in the best interests of the company and its shareholders, adhering to legal and ethical standards [13][14] - Directors have the right to access necessary information and participate in decision-making processes, ensuring transparency and accountability [34][35] - Employee directors have additional responsibilities to represent and advocate for employee interests within the board [57][58] Role of the Board Secretary - The board secretary is responsible for organizing meetings, maintaining records, and ensuring compliance with disclosure requirements [61][62] - The secretary must possess relevant qualifications and experience, and is accountable for the accuracy of information provided to the board [63][64] - The company must ensure that the board secretary's role is clearly defined and supported to facilitate effective governance [66][67]

第三条 公司独立董事占董事会成员的比例不得低于三分之 一，且至少包括一名会计专业人士。 公司董事会审计委员会成员中独立董事应当过半数，并由独 立董事中会计专业人士担任召集人。 公司提名委员会和薪酬与考核委员会中独立董事应当过半数 并担任召集人。 以会计专业人士身份被提名的独立董事候选人，担任应当具 备丰富的会计专业知识和经验，并至少符合下列条件之一： 航天科技控股集团股份有限公司 第一章 总则 第一条 为了维护股东和公司的合法权益，健全航天科技控 股集团股份有限公司（以下简称公司或本公司）法人治理结构， 促进公司规范化运作，提升独立董事履职能力,根据《中华人民 共和国公司法》（以下简称《公司法》）、《中华人民共和国 证券法》（以下简称《证券法》）、中国证券监督管理委员会 （以下简称中国证监会）《上市公司独立董事管理办法》等有关 法律法规、规范性文件以及《航天科技控股集团股份有限公司 公司章程》(以下简称《公司章程》)的有关条款的规定，结合 本公司实际情况，公司制定独立董事制度。 第二条 独立董事是指不在公司担任除董事外的其他职务， 并与公司及公司主要股东、实际控制人不存在直接或者间接利 害关系，或者其他可能影 ...

证券代码：000901 证券简称：航天科技 公告编号：2025-临-028 航天科技控股集团股份有限公司 （二）会议召集人：公司董事会 （三）会议召开的合法、合规性：本次股东大会会议召集、召开 符合有关法律、行政法规、部门规章、规范性文件和公司章程的规定。 （四）会议召开的日期、时间： 通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 7 月 29 日 9:15 至 9:25，9:30 至 11:30，13:00 至 15:00。 通过深圳证券交易所互联网投票的具体时间为：2025 年 7 月 29 日 9:15 至 15:00。 关于召开公司 2025 年第一次临时股东大会的通知 本公司及公司全体董事会成员保证公告内容的真实、准确和完整，不 存在虚假记载、误导性陈述或者重大遗漏。 根据航天科技控股集团股份有限公司（以下简称公司或航天科技） 第七届董事会第三十一次（临时）会议决议，公司董事会提议召开 一、召开会议的基本情况 （一）股东大会届次：航天科技 2025 年第一次临时股东大会 （五）会议召开方式： 本次股东大会采取现场表决与网络投票相结合的方式。公司将通 过 深 圳 证 券 交 易 所 ...

证券代码：000901 证券简称：航天科技 公告编号：2025-临-027 航天科技控股集团股份有限公司 本公司及公司全体董事会成员保证公告内容的真实、准确和完整，不存 在虚假记载、误导性陈述或者重大遗漏。 航天科技控股集团股份有限公司（以下简称公司或航天科技）为 进一步完善公司法人治理制度，根据最新《上市公司章程指引》等法 律法规的修订内容，结合公司实际情况，对《公司章程》相关条款进 行修订。该事项已经公司第七届董事会第三十一次（临时）会议审议 通过，将提交公司 2025 年第一次临时股东大会审议。具体修订情况如 下： 修订前 修订后 第一条 为维护公司、股东和债权人的合 第一条 为规范航天科技控股集团股份有 法权益，规范航天科技控股集团股份有限 限公司（以下简称"公司"）的组织架构 公司（以下简称公司）的组织和行为，根 与运作机制，全面贯彻执行"两个一以贯 据《中华人民共和国公司法》（以下简称 之"的核心指导原则，坚持并强化党的全 《公司法》）、《中华人民共和国证券法》 面领导作用，优化公司法人治理结构，构 （以下简称《证券法》）和其他有关规定， 建具有中国特色的现代企业制度，保障公 制订本章程。 司、股 ...

Group 1 - The A-share market saw a slight rebound in the afternoon on July 7, with the aerospace ETF Tianhong (159241) rising by 0.36% and a turnover rate increasing by nearly 11% [1] - The aerospace ETF Tianhong (159241) has attracted significant capital inflow, with over 24 million yuan net inflow on the previous trading day, and it has recorded net inflows for seven consecutive trading days, totaling over 150 million yuan [1] - As of July 4, the latest circulation scale of the aerospace ETF Tianhong (159241) reached 326 million yuan, with a circulation share of 296 million shares, both hitting new highs [1] Group 2 - The aerospace ETF Tianhong (159241) closely tracks the Guozheng Aerospace Index, which has over 98% weight in the defense and military industry, making it the highest military content index in the market [2] - The core sectors of aerospace equipment and aerospace technology account for 66% of the index's weight, focusing on key areas in the aerospace equipment industry chain such as large aircraft development, low-altitude economy, and commercial aerospace [2] - Current growth trends in the military industry include domestic demand for low-cost precision-guided munitions and unmanned systems, as well as international military trade demand potentially spurred by conflicts [2]

1. Report Industry Investment Rating No relevant content provided. 2. Core Views of the Report - The aerospace and defense industry is driven by multiple factors, including the 14th Five - Year Plan, the development of military intelligence, and the growth of military trade. It has long - term growth potential and short - term catalysts [3][8][11][17][32]. - The aerospace and aviation sectors are the two core areas to focus on, with increasing downstream demand in high - end fighter jets, aero - engines, and related supporting materials [40]. - The Guozheng Aerospace and Aviation Industry Index has strong industry theme attributes, high elasticity, and relatively stable fundamentals, making it a representative military - related index [3][68][83][88]. - The Aerospace and Aviation ETF Tianhong (159241) closely tracks the Guozheng Aerospace and Aviation Industry Index, with low management and custody fees, and shows good performance in terms of share growth and liquidity compared to comparable ETFs [3][94][96]. 3. Summary by Directory 3.1 Multiple Logics Driving the Rapid Development of the Industry and Grasping the Two Main Lines of Aerospace and Aviation 3.1.1 Multiple Logics Supporting the Military Fundamentals and the Industry's Long - term Growth - The 14th Five - Year Plan is in its critical period, promoting the transformation of "point - like orders" to "line - like orders", and factory performance is expected to be realized. The demand for improving quality and increasing quantity remains strong to achieve the goal of a powerful military by 2027 [8][10]. - The construction of military intelligence and unmanned systems at home and abroad is expanding the growth boundary of the military industry. Military AI is reshaping the battlefield rules, and military robots are becoming new combat forces [11][13][15]. - China's military trade net export has been increasing steadily, and there is still much room for market share growth. The military achievements during the 14th Five - Year Plan and improved diplomatic relations are conducive to the development of the military trade market [17][21][26]. 3.1.2 Short - term Catalysts Increasing Industry Attention - The "15th Five - Year Plan" is being formulated, which will promote the high - quality construction of the military industry and may increase the industry's valuation. The 80th anniversary of the victory of the Chinese People's War of Resistance against Japanese Aggression and the World Anti - Fascist War parade will be a short - term catalyst to boost the industry's attention [32][36]. 3.1.3 Focusing on the Two Core Main Lines of Aerospace and Aviation - **Aviation Equipment**: The downstream demand for high - end fighter jets and aero - engines is accelerating, and the market space is expanding. This includes aircraft manufacturers, aero - engine manufacturers, and high - end supporting materials suppliers. The future market space for military aero - engines in the next decade is estimated to be about 1.2 trillion yuan [40][52]. - **Space Equipment**: The demand for guidance equipment is increasing due to the growing importance of missiles in modern warfare. The satellite industry chain has a large market potential, with the downstream ground equipment and satellite services accounting for over 90% of the market value [59][64]. 3.2 Guozheng Aerospace and Aviation Industry Index: Focusing on Guozheng Aerospace and Aviation Industry Stocks with Strong Industry Theme Attributes and High Theme Elasticity 3.2.1 Index Compilation Method - The index is designed to reflect the stock price changes of aerospace and aviation - related listed companies in the Shanghai, Shenzhen, and Beijing stock exchanges. It selects large - market - value stocks in the Guozheng tertiary industry "Aerospace and Aviation". The sample space has certain requirements, and the selection method is based on free - floating market capitalization, with a semi - annual adjustment frequency [68][70]. 3.2.2 Index Weight and Market Value Distribution - As of July 1, 2025, the index has 50 constituent stocks, with relatively dispersed weights. It has a strong defense - military attribute, focusing on aviation equipment and military electronics. The average free - floating market capitalization is 130.75 billion yuan, and the average total market capitalization is 304.40 billion yuan [71][75]. 3.2.3 Index Industry/Theme Characteristics - The index has a high concentration in the defense - military industry, with 98.02% of the weight belonging to this industry, mainly in the aviation equipment and military electronics sectors. Compared with comparable indices, it has the highest concentration in the military industry and a more prominent industry theme [80][81]. 3.2.4 Fundamental Characteristics - The index shows a high and steadily increasing R & D investment ratio, reaching 4.53% by the end of 2024. It has strong growth attributes and relatively stable profitability compared to comparable indices. Its net profit stability is the strongest since 2022 [83][87]. 3.2.5 Index Investment Value Analysis - It is a representative military - related index with a similar long - term trend to comparable indices. It shows high elasticity during market rebound periods, outperforming comparable military indices in terms of returns during several rebounds [88][90]. 3.3 Aerospace and Aviation ETF Tianhong (159241) - The fund was established on May 21, 2025, and listed on May 29, 2025. Managed by Mr. Sha Chuan and Mr. Qi Shichao, it closely tracks the Guozheng Aerospace and Aviation Industry Index, aiming to minimize tracking deviation and error. It has a management fee of 0.50% and a custody fee of 0.10%. It has a relatively low discount rate and shows good performance in share growth and liquidity [94][95][96]. 3.4 Fund Manager and Fund Manager Information 3.4.1 Fund Manager Introduction - Tianhong Fund was established on November 8, 2004, and is a national public - offering fund management company. As of March 31, 2025, its total asset management scale is 124.3409 billion yuan, with 29 public - offering ETF products and a total ETF scale of 79.79 billion yuan [99]. 3.4.2 Fund Manager Introduction - Mr. Sha Chuan has 14 years of securities experience and manages 12 products with a total non - linked fund scale of 155.27 billion yuan. Mr. Qi Shichao has rich experience in Tianhong Fund and manages 17 products with a total non - linked fund scale of 203.69 billion yuan [100].

Core Viewpoint - Aerospace Electronics (600879) announced a capital increase of 291 million yuan for its subsidiary, Aerospace Times Feihong Testing Technology Co., Ltd., to enhance its comprehensive support capabilities for unmanned systems and maintain its leading position in the unmanned system testing service industry [1] Group 1 - The total capital increase amount is 291 million yuan, which will be contributed in cash and assets by Aerospace Feihong and Inner Mongolia Mingsheng Energy Co., Ltd. [1] - After the capital increase, the registered capital of Feihong Testing Company will change from 178 million yuan to 450 million yuan [1] - The shareholding structure post-capital increase will be as follows: Aerospace Feihong Company holds 62.91%, Baotou Damao Banner Finance Bureau holds 17.77%, and Mingsheng Company holds 19.32% [1] Group 2 - The capital increase does not constitute a related party transaction or a major asset restructuring [1]

Group 1 - The A-share market saw a rebound in the afternoon on July 4, with the military industry sector remaining active, particularly the aerospace ETF Tianhong (159241), which rose by 0.54% with a trading volume exceeding 69 million yuan and a turnover rate over 22% [1] - The aerospace ETF Tianhong (159241) closely tracks the National Securities Aerospace Index, which has over 98% weight in the defense and military industry, making it the index with the highest military content in the market [1] - According to Guotou Securities, the current timing is at the intersection of two five-year periods, with expectations for structural upward trends in industry EPS after 2025, driven by the "14th Five-Year Plan" [1] Group 2 - Dongfang Securities believes that the military trade is expected to become a second growth driver as the "14th Five-Year Plan" concludes, with a continued recovery in industry prosperity [2] - The importance of upstream components and key raw materials in weapon equipment research and production is highlighted, as they support the entire lifecycle of various equipment such as missiles, radars, and aircraft, which may benefit from amplified demand transmission effects [2]

Core Viewpoint - The company, Aerospace Morning Light (600501.SH), has regained its qualification to participate in military material engineering service procurement activities after a previous suspension due to violations. This reinstatement is expected to positively impact the company's normal operations and development [1]. Group 1 - The company was previously suspended from military procurement activities due to violations [1] - The suspension has been lifted, and the company received a written warning [1] - The restoration of qualification is anticipated to have a positive effect on the company's operations and growth [1]

| 上证指数 | 深证成指 | 创业板指 | | --- | --- | --- | | -3457.36 | -10490.50 | -2152.54 | | +2.57 +0.07% | +77.87 +0.75% | +28.82 +1.369 | | 100 | 1 | 11 | 智通财经7月3日电，市场早盘震荡反弹，创业板指领涨。沪深两市半日成交额7919亿，较上个交易日缩量578亿。盘面上热点较为杂乱，个股上涨和下跌家 数基本相当。从板块来看，创新药概念股反复活跃，神州细胞等涨停。算力硬件股再度走强，博敏电子涨停。商业航天概念股一度冲高，西测测试20CM涨 停。下跌方面，军工股震荡走低，中船应急跌超10%。板块方面，创新药、PCB、消费电子、中药等板块涨幅居前，游戏、可控核聚变、军工、油气等板块 跌幅居前。截至收盘，沪指涨0.07%，深成指涨0.75%，创业板指涨1.36%。 午评：创业板指半日涨1.36% 创新药、算力硬件股集体走强 封板率 76.00% 封板 39 触及 12 昨涨停今表现 1.42% 高开率 70% 获利率 55% 门以 |宁 イベ -光 ...