被前高管告上法庭，星网宇达（002829）（002829.SZ）部分银行账户资金遭冻结。 6月22日晚间，星网宇达公告显示，公司被冻结的资金总额共计2593.35万元，占公司最近一期经审计净 资产的比例为1.42%。 星网宇达介绍，上述银行账户资金被冻结的主要原因系公司与北京尖翼领航科技中心（有限合伙）（以 下简称"尖翼领航"）之间的股权转让合同纠纷。 目前，徐烨烽和张仲毅分别持有尖翼领航股权比例为34.43%和1.36%。而两人此前分别为星网宇达董 事、总经理和副总经理，并于2024年离任。 业绩方面，2024年，星网宇达营业收入达4.23亿元，同比下降45.14%；净利润-2.28亿元，同比下降 522.43%。 截至2024年底，星网宇达在职员工的数量合计573人，较上年同期729人减少约21%，净减少156人。 不过，星网宇达董事长迟家升2023年和2024年薪酬分别为80.4万元和80.62万元，2024年出现微增。 860.71万募集资金被冻结 6月22日晚间，星网宇达发布公告称，公司于近日获悉，公司部分银行账户资金被冻结。截至本公告披 露日，公司及子公司共有银行账户57个，被冻结银行账户6个。本 ...

金十数据5月28日讯，中国电子信息产业发展研究院与青岛市人民政府将联合主办2025新域新质创新大 赛。该赛事锚定"高端仪器和制造设备""人工智能""网信""无人系统""航空航天"五个领域，青岛将作为 决赛举办地。青岛市委组织部副部长吴学新表示，青岛拥有智能家电、轨道交通、仪器仪表、船舶与海 工装备四个国家先进制造业集群，具备主办此次赛事的区位禀赋和产业优势。 （36氪） 2025新域新质创新大赛即将举办，聚焦人工智能等五个领域 ...

本报讯 （记者 叶真） 在人类难以踏足的高风险环境中，一只灵巧的机器狗进入现场执行任务，它所需 要的，是一套强大的导航系统。记者从南京理工大学领航者团队获悉，由该团队研发的新一代多域智能 感知无人系统——"智战领航"已投入使用。该系统可在复杂极端环境中实现高效智能探测和态势感知， 让无人平台自主"边走—边导—边感"，支撑并赋能无人机、机器狗、无人车等无人平台广泛应用。 目前，该系统已在多个典型复杂场景下完成实地测试。"之前，我们就和淮南矿业集团进行过模拟作业 场景联合应用测试。无人平台助力不仅能够进行通道形变监测、场景实时构建，还可以进行塌方预警， 能有效保障作业人员安全。"郑志伟表示，这也是南理工深化"实践育人"的重要成果。未来，该系统将 广泛应用于矿难救援、灾后勘测、地下管网巡检、边境巡逻等复杂场景，将在提升公共安全与应急响应 能力方面发挥重要作用。 "'智战领航'系统采用'空—地'多平台协同导感一体化架构，通过集群式无人机与四足机器人协同作业， 构建立体化信息感知网络。即便在通信受限、地形复杂、卫星导航失效等极端条件下，依然可实现无人 化、智能化的自主导航、实时建图与自主决策。"项目负责人郑志伟介绍。 ...

证券研究报告·行业 2024 年报及 2025 一季报综述 板块业绩结构性特征明显，关注 订单基本面复苏机遇 核心观点 军工板块发布 2024 年年报，从我们跟踪的 162 家军工板块重点公司 情况来看，板块共实现营业收入 7649.03 亿元，同比上升 1.16%。分 板块来看，船舶、航发、及航空是三个营收维持正增长的板块；利 润方面，受下游需求、部分型号产品价格下调等多重因素影响，国 防军工板块归母净利润有所下滑。2025 年一季度部分板块见底回 暖，地面兵装、航天（弹）业绩同比企稳回升。板块业绩接近底部， 2025 年行业业绩有望迎来触底回升。2024 年年底以来，军工板块出 现诸多积极信号，核心公司发布合同公告，核心公司业绩有望企稳， 2025 年预计关联交易额增加，显示军工基本面已经开始加速回暖。 摘要 1、军工板块发布 2024 年年报，从我们跟踪的 162 家军工板块重点 公司情况来看，板块共实现营业收入 7649.03 亿元，同比上升 1.1 6 %。 分板块来看，船舶、航发、及航空是三个营收维持正增长的板块；利 润方面，受下游需求、部分型号产品价格下调等多重因素影响，国防 军工板块归母净利润 ...

主要内容 1、军工板块发布 2024 年年报，从我们跟踪的 162 家军工板块重点公司 情况来看，板块共实现营业收入 7649.03 亿元，同比上升 1.16%。分板 块来看，船舶、航发、及航空是三个营收维持正增长的板块；利润方面， 受下游需求、部分型号产品价格下调等多重因素影响，国防军工板块归 母净利润有所下滑。2025 年一季度部分板块见底回暖，地面兵装、航天 （弹）业绩同比企稳回升。板块业绩接近底部，2025 年行业业绩有望迎 来触底回升。 2、配置方面建议围绕三条投资主线，一是传统军工方向，我们建议重 点关注有订单修复预期、有业绩支撑的航发产业、船舶产业以及航空 航天产业；二是新域新质方向，新式战争方面我们建议关注围绕低成 本、智能化、体系化三大特点的行业，包括低成本精确制导弹药、无 人系统以及新一代智能化作战底座；新质生产力方面，我们建议关注 应用市场空间广阔、行业处于快速成长期、国产化率较低的行业，主 要为商业航天、低空经济、大飞机；新技术方面，我们建议关注 MEMS 器件、增材制造以及陶瓷基复合材料。三是改革出海方向，我 们建议关注有资产整合预期、军贸市场具有竞争力的相关公司。 3、推荐标的：传 ...

Group 1: Financial Performance - The company expects a loss of 216 to 264 million yuan for 2024, a year-on-year decline of 500% to 589% [6] - The company's revenue for the first three quarters of 2024 is 232 million yuan, with military procurement contributing 1.2265 million yuan, accounting for 0.53% of total revenue [1] - The company signed new contracts worth 559 million yuan in 2024 [5] Group 2: Order Status - As of March 31, 2025, the company has an order backlog of 340 million yuan [4] - The company has formed approximately 26 million yuan in orders related to inertial navigation products [2] - The company has received some sales orders in the international market for certain products [2] Group 3: Impact of Military Procurement Ban - The company has been banned from participating in military procurement activities since October 14, 2024, for a period of one year [4] - The ban has led to a significant reduction in order volume, impacting 2024 revenue [4] - The company is actively expanding into civilian markets to mitigate the impact of the military procurement ban [9] Group 4: Strategic Initiatives - The company is focusing on developing civilian market products such as emergency drones and low-orbit satellite terminals [7] - The company is optimizing its organizational structure and reducing personnel by approximately 20% to improve operational efficiency [6] - The company is exploring external cooperation opportunities to enhance competitiveness [6] Group 5: Market Outlook - The company is optimistic about the growth potential in the unmanned systems, satellite communication, and radar detection industries [3] - The company aims to leverage emerging industries like low-altitude economy and intelligent driving for future growth [6] - The company is committed to continuous innovation and product development to maintain market competitiveness [6]

Core Viewpoint - In 2024, the company Xingwang Yuda (002829.SZ) successfully expanded its civilian business and optimized its business structure through strategic adjustments and technological innovations, laying a solid foundation for sustainable development despite facing significant challenges. Group 1: Financial Performance - In 2024, the company achieved a revenue of 423 million yuan, with the information perception business contributing 113 million yuan [2] - The unmanned systems business generated a revenue of 231 million yuan, showcasing the company's strong performance in the defense sector [4] Group 2: Product Development and Innovation - The company has developed a new generation of inertial/satellite combined navigation systems, which are widely used in various aircraft, particularly in civil aviation and general aviation [2] - In the field of optical detection, the company successfully developed a non-lethal optical weapon that has received high recognition during customer demonstrations [3] - The company has expanded its product line in unmanned systems, including subsonic cruise target missiles and emergency rescue drones, and is actively developing an all-weather multi-disaster reconnaissance drone [4][5] Group 3: Research and Development - The company invested 89.3 million yuan in R&D during the reporting period, focusing on key technology breakthroughs and obtaining over 25 patents [6] - The company aims to enhance its R&D capabilities in satellite communication and information perception, with plans to establish a research institute for unmanned systems [7] Group 4: Strategic Planning - For 2025, the company plans to focus on its main business and implement a dual-driven market expansion strategy, targeting emerging industries such as low-altitude economy and AI applications [7] - The company aims to transform from a single target drone manufacturer to a multi-category unmanned aircraft producer, enhancing its product performance and application scope [7]