航天时代电子技术股份有限公司 章程 二○二五年七月 China Aerospace Times Electronics CO., LTD. 第五条 公司住所：武汉经济技术开发区高科技园 第一章 总则 第一条 为维护航天时代电子技术股份有限公司（以下简称"公司"）、股 东、职工和债权人的合法权益，规范公司的组织和行为，坚持和加强党的领导， 完善公司法人治理结构,建设中国特色现代国有企业制度,根据《中华人民共和国 公司法》（以下简称为《公司法》）、《中华人民共和国证券法》（以下简称《证 券法》）、《上市公司章程指引（2025）》、《中国共产党章程》和其他有关规 定，制定本章程。 第二条 企业系依照武汉市政府关于"进一步深化城市经济体制改革，让国 有大中型企业更具活力"有关文件规定和其他相关规定成立的股份有限公司（以 下简称"公司"）。 公司经武汉市体改委武体改1986010 号文，武汉市机械局198654 号文批 准，以社会募集方式设立；在武汉市工商行政管理局注册登记，取得营业执照， 营业执照注册号码为 4201141160152。 《公司法》颁布实施后，公司已按照有关规定，对照《公司法》进行了规范， 并依法重新 ...

Core Insights - The report emphasizes a focus on the technology sector for investment opportunities, particularly in growth stocks, as the market index has shown upward momentum [2][6]. - The report outlines a selection of ten key stocks, highlighting their respective industries, market capitalizations, earnings per share (EPS) forecasts, and price-to-earnings (PE) ratios for 2026 and 2027 [2][68]. Group 1: Key Stock Recommendations - **Neway Valve (603699.SH)**: A leading global industrial valve manufacturer, benefiting from a surge in LNG and marine engineering sectors, with expected overseas order growth of over 50% year-on-year in the first half of 2025 [11][12]. - **Yongxing Environmental (601033.SH)**: The sole operator of waste incineration in Guangzhou, with a projected capacity utilization rate of 79% and a commitment to high dividends, expecting a 174% increase in free cash flow in 2024 [17][18]. - **Aerospace Electronics (600879.SH)**: Focused on aerospace electronics and unmanned systems, with anticipated high growth driven by the commercial space industry and demand for satellite communication technologies [26][27]. - **Miaokelando (600882.SH)**: Positioned for long-term growth in the dairy sector, with a focus on product innovation and cost management, expecting significant revenue growth in the upcoming quarters [31][32]. - **Laopu Gold (6181.HK)**: A high-end gold jewelry brand with strong revenue growth, projected to achieve 8.51 billion yuan in revenue in 2024, benefiting from the expanding market for traditional gold products [36][38]. - **Jingzhida (688627.SH)**: Engaged in the semiconductor testing equipment sector, with significant market potential and expected strong performance due to key customer orders [42][43]. - **Shensanda A (000032.SZ)**: Positioned to benefit from the increasing demand for AI infrastructure and applications, with a strong foothold in public data services [47][48]. - **Sanqi Interactive (002555.SZ)**: Anticipating strong performance from new game releases, particularly the upcoming "Douluo Dalu: Hunting Soul World," with high player interest [53][56]. - **CATL (300750.SZ)**: Expected to maintain strong profit growth, with projected net profits of 66.1 billion yuan in 2025, driven by increasing demand for electric vehicle batteries [59][60]. - **Borui Pharmaceutical (688166.SH)**: Forecasted to achieve net profits of 2.6 billion yuan in 2025, with significant potential in the Amylin pipeline, which has attracted substantial investment interest [63][64]. Group 2: Financial Data Overview - The report provides detailed financial forecasts for the ten key stocks, including projected revenues and net profits for 2025 to 2027, highlighting the growth potential across various sectors [68]. - For instance, Neway Valve is expected to generate 74.53 billion yuan in revenue in 2025, with a net profit of 14.49 billion yuan, reflecting strong operational performance [68]. - CATL's projected revenue for 2025 is 472.43 billion yuan, with a net profit forecast of 66.13 billion yuan, indicating robust growth in the electric vehicle battery market [68].

? 每股分配比例 A 股每股现金红利0.05元 ? 相关日期 | 股份类别 | 股权登记日 | | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/12 | － | 2025/6/13 | 2025/6/13 | | ? 差异化分红送转： 否 一、 通过分配方案的股东会届次和日期 证券代码：600879 证券简称：航天电子 公告编号：临 2025-033 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 四、 分配实施办法 无限售条件流通股的红利委托中国结算上海分公司通过其资金清算系统向股权登记日上 海证券交易所收市后登记在册并在上海证券交易所各会员办理了指定交易的股东派发。已办 理指定交易的投资者可于红利发放日在其指定的证券营业部领取现金红利，未办理指定交易 的股东红利暂由中国结算上海分公司保管，待办理指定交易后再进行派发。 中国航天时代电子有限公司、陕西苍松机械有限公司、陕西航天导航设备有限公司、湖 ...

Core Points - The company will participate in the 2024 annual performance briefing organized by China Aerospace Science and Technology Corporation on June 5, 2025 [1] - The meeting will be conducted through on-site communication, video live streaming, and online text interaction [1] - Investors can submit questions via fax or email before June 4, 2025, and the company will respond to commonly asked questions during the briefing [1] Meeting Details - The performance briefing is scheduled for June 5, 2025, from 14:30 to 17:30 [1] - The live streaming can be accessed through the Shenzhen Stock Exchange "Interactive Easy" platform and the Shanghai Stock Exchange Roadshow Center [1] - The company will discuss its operational results and financial indicators for the year 2024 and the first quarter of 2025 [1] Participants - Key attendees include the Chairman, Directors, Independent Directors, President, Vice Presidents, and the Secretary of the Board [1] - The attendance of specific leaders may vary based on work arrangements without further notice [1] Investor Participation - Investors can watch the live briefing on the specified platforms and engage in interactive communication with company representatives [1] - Questions can be submitted via email, and the company will address common inquiries during the meeting [1] Additional Information - After the briefing, investors can review the meeting's proceedings and main interactive content on the Shanghai Stock Exchange Roadshow Center [2]

Group 1 - Aerospace Electronics disclosed two investment projects totaling 670 million yuan, with a focus on enhancing its subsidiaries' capabilities [1][2] - The first project involves the construction of an intelligent perception industrial base by Aerospace Long March Rocket Technology Co., Ltd., with a total investment of 250 million yuan and a construction period of 24 months [1][2] - The project will include a digital simulation computing network center and supporting facilities, covering an area of 16,800 square meters [1] Group 2 - Aerospace Long March Rocket Technology Co., Ltd. aims to optimize its resource distribution across multiple locations in Beijing to improve research and production efficiency [2] - The second project involves Aerospace Times Feihong Technology Co., Ltd. planning to invest 420 million yuan in the second phase of the Yanqing drone equipment industrial base [2][3] - The Yanqing drone equipment industrial base's first phase had a total investment of 832 million yuan, with 340 million yuan already invested as of April 2025 [3]

航天时代电子技术股份有限公司关于 向控股子公司提供财务资助的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 财务资助情况：经航天时代电子技术股份有限公司（以下简称"公司"）2024年年度股东大会审议通 过，公司以自有资金或自筹资金向五家控股子公司提供合计总额不超过人民币250,000万元的财务资 助。 ● 财务资助进展情况：根据控股子公司的资金使用需求，公司于2025年5月12日分别与五家控股子公司 签署了《借款协议》。 ● 风险提示：本次提供财务资助的对象均为合并报表范围内的控股子公司，目前经营状况稳定，资信状 况良好，公司能够对其实施有效的风险控制。本次财务资助不会影响公司的持续经营能力，不存在损害 公司及全体股东利益的情形。公司将严格监控各相关子公司的经营及资金管理，及时对财务资助款项使 用进行跟踪管理，规范其资金的使用，确保资金安全。 一、财务资助事项概述 证券代码：600879 证券简称：航天电子 公告编号：临2025-023 1、为满足公司控股子公司航天长征火箭技术有限公司（以下简称" ...

【看见郑州】——2025"首季奋进路"系列报道 给足养分 科创企业拔节生长 人形机器人半程马拉松比赛，这场全球首次机器人现场长时竞技活动，郑州中原科技城投资的卓益得机 器人有限公司"行者二号"人形机器人、中豫具身智能实验室EAI战队分别以第三、第五名的成绩完成首 秀。 神舟二十号发射任务中，郑州科技强力护航。郑州航天电子技术有限公司提供近30个系列的电连接器配 套产品、郑州大学橡塑模具国家工程研究中心研制的航天面窗，都派上了大用场。 近年来，郑州市为加速科技创新步伐，推动产业升级，积极布局，接连出台一揽子科技利好政策，从创 新平台建设、企业培育、成果转化到人才吸引等多维度发力，为我市科技发展注入强大动力。 政策入企激发企业创新动能 在线问诊、智能分诊、智能客服、健康咨询等"7×24小时"不间断服务……河南省儿童医院的智能诊疗平 台因智能、精准、便捷、高效颇受患者好评。 精准的健康咨询服务、个性化治疗推荐、智能分诊、诊中提醒等服务场景的实现，得益于郑州阿帕斯科 技有限公司（以下简称"APUS"）的人工智能场景落地。 "我们申请获得了郑州市人工智能场景应用创新专项，在政策支持下，公司能够针对AI+产业实际应用 场 ...

3. 请问公司目前的产品结构如何？应用领域有哪些？ 编号：2025-001 | 投资者关 | □ 特定对象调研 □ 分析师会议 | | --- | --- | | 系活动类 | □ 媒体采访  业绩说明会 | | 别 | 新闻发布会 路演活动 □ □ | | | □ 现场参观 | | | □ 其他 | | 参与单位 | | | 名称及人 | 线上参与公司 年度网上业绩说明会的全体投资者 2024 | | 员姓名 | | | 时间 | 2025 年 05 月 09 日 15:00-17:00 | | 地点 | 价值在线（https://www.ir-online.cn/）网络互动 | | | 董事、总经理：颜志宇先生 | | 上市公司 | 独立董事：符锦先生 | | 接待人员 | 董事、副总经理、财务总监：张东辉先生 | | 姓名 | 董事、副总经理、董事会秘书：高曈先生 | | | 保荐代表人：田民先生 | | | 本次业绩说明会以网络互动方式举行，与线上投资者互动交流的 | | | 主要情况如下： | | | 1. 请问公司募投项目进展情况？ | | 投资者关 | 答: 尊敬的投资者您好，公司于 2024 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a strong performance relative to the market [7]. Core Views - The company's Q1 2025 revenue decreased to 1.7 billion yuan, down 55.4% year-on-year, with a net profit of 30 million yuan, down 79.2% year-on-year, which was below market expectations [1][7]. - The decline in revenue is attributed to delays in product deliveries and changes in the consolidation scope of subsidiaries, but a recovery in revenue is expected as product deliveries resume [7]. - The gross margin improved to 26.61%, up 7.46 percentage points from the previous year, while the net margin decreased to 0.43%, down 3.60 percentage points due to increased expense ratios [7]. - High levels of inventory (21.279 billion yuan) and contract liabilities (1.577 billion yuan) are expected to convert into revenue, supporting future growth [7]. - The company is positioned as a leading player in the aerospace electronics sector, benefiting from increasing demand in the aerospace and unmanned systems markets [7]. - Profit forecasts for 2025-2027 are maintained at 611 million, 772 million, and 1.018 billion yuan respectively, with corresponding PE ratios of 45, 36, and 27 [7]. Financial Data and Earnings Forecast - Total revenue for 2025 is projected at 15.381 billion yuan, with a year-on-year growth rate of 7.7% [3]. - The net profit for 2025 is estimated at 611 million yuan, reflecting an 11.5% year-on-year growth [3]. - The gross margin is expected to stabilize around 22.0% for 2025, with a gradual increase in subsequent years [3]. - The company’s return on equity (ROE) is projected to improve from 2.9% in 2025 to 4.5% by 2027 [3].