Core Viewpoint - The project "High-Quality Development Practice of Civil Aviation Air Traffic Control in Tianjin Led by Enterprise Strategic Cooperation" won the first prize in the 21st Transportation Enterprise Management Innovation Achievement Evaluation, highlighting the importance of strategic cooperation in enhancing air traffic control management and technological innovation in the civil aviation sector [1]. Group 1: Project Achievements - The project focuses on exploring new management models suitable for the development of civil aviation air traffic control, integrating industry characteristics and technological innovation needs [1]. - Tianjin Air Traffic Control Bureau has successfully collaborated with China Electronics Technology Group Corporation's Beidou Technology (Xi'an) Co., Ltd. on Ground-Based Augmentation System (GBAS) research, contributing to the construction and flight demonstration of the GBAS project at Tianjin Airport [1]. - As the first unit in China to apply for the production and opening of the GBAS system, Tianjin Air Traffic Control Bureau has accumulated significant operational experience, making important contributions to the application of domestic satellite-based navigation systems [1]. Group 2: Technological Innovations - The meteorological station of Tianjin Air Traffic Control Bureau has developed an independent "Civil Aviation Airport Meteorological Observation Information Production and Release System," which standardizes various processes in airport meteorological observation [2]. - This system has been implemented in the Civil Aviation Meteorological Center and multiple air traffic control branches, resulting in significant economic and social benefits [2]. - The bureau plans to continue deepening innovative management practices to provide new pathways for management upgrades in the air traffic control industry [2].

Core Points - Sichuan Jiuzhou's stock price has dropped 4.1% on October 17, reaching 15.22 CNY per share, with a trading volume of 475 million CNY and a turnover rate of 2.97%, resulting in a total market capitalization of 15.567 billion CNY [1] - The stock has experienced a continuous decline for four days, with a cumulative drop of 7.76% during this period [1] Company Overview - Sichuan Jiuzhou Electric Co., Ltd. is located in Mianyang, Sichuan Province, and was established on November 28, 1991, with its listing date on May 6, 1998 [1] - The company's main business includes research and development, manufacturing, and sales of smart terminals, air traffic control products, and microwave radio frequency technologies [1] - The revenue composition of the main business is as follows: smart terminal products 63.76%, air traffic control products 24.84%, microwave radio frequency 9.25%, other 1.09%, and property management 1.06% [1] Shareholder Information - Among the top ten circulating shareholders of Sichuan Jiuzhou, a fund under Yongying Fund holds a significant position [2] - Yongying Low Carbon Environmental Smart Selection Mixed Fund A (016386) reduced its holdings by 3.8314 million shares in the second quarter, now holding 12.761 million shares, which accounts for 1.25% of the circulating shares [2] - The fund has incurred a floating loss of approximately 8.2946 million CNY today and a total floating loss of 16.334 million CNY over the four-day decline [2] Fund Performance - Yongying Low Carbon Environmental Smart Selection Mixed Fund A (016386) has a current scale of 177 million CNY and has achieved a year-to-date return of 7.66%, ranking 6234 out of 8160 in its category [2] - Over the past year, the fund has returned 24.52%, ranking 3914 out of 8021 in its category, while since its inception, it has experienced a loss of 10.02% [2] - The fund manager, Hu Ze, has been in position for 2 years and 136 days, with a total asset scale of 2.639 billion CNY, achieving a best fund return of 104.18% and a worst fund return of 4.66% during his tenure [2]