走进陕西天成航空材料股份有限公司（下称"天成航材"）的生产车间，经过锤炼的钛合金棒材、丝材整 装待发，即将"上天入海"，成为飞机骨架、航空紧固件、发动机叶片等重要部件。 ◎记者 范子萌 关中平原，宛如三秦大地跃动的心脏：一面激荡着西部创新高地的澎湃浪潮，一面浸润着乡村振兴的盎 然诗意。 在这片土地上，金融服务实体经济时常面临几种考验：科技型企业"看不懂"、农业产业"风险高"、产业 链需求"匹配难"。 如何破解困局，从而为现代化产业体系建设提供坚实金融支撑？上海证券报记者近日在陕西省西安、咸 阳、渭南等地调研时发现，银行已然探索出金融服务的可行路径，金融活水既能为大国重器注入强劲动 力，也能悄然浸润乡村沃土。 既"雪中送炭"又"锦上添花"： 金融机构全周期为科技型企业赋能 熔炼、锻造、轧制、精整、检测、再生料处理——这是一条航空级钛合金生产线的全流程。 然而，几年前，这里还是另一番景象。2022年，天成航材的航空级钛合金材料项目出现明显资金缺口， 公司接洽了多家金融机构，却屡屡碰壁。 陕西天成航空材料股份有限公司钛合金棒材生产线 "科技型企业，又是制造业，确实'烧钱'。"回顾发展历程，天成航材财务总监赵墨雨对记 ...

航材股份 20260127 摘要 航材股份在商用大飞机领域有多项业务，包括钛合金铸件、高温合金母合金、 透明玻璃以及橡胶密封材料和密封剂。这些业务涵盖了国产商用发动机的配套 需求，特别是在 C919 国产化验证方面，提供风挡玻璃、舷窗透明件等关键组 件。公司由航发集团孵化而来，具备多元化布局和持续向好的盈利能力。其核 心竞争力在于依托控股股东——北京航空材料研究院的强大研发能力，实现高 效协同，并通过产业化平台进行批量生产。 航材股份的股权结构如何？ 航材股份的大股东是北京航空材料研究院，持有公司 60.14%的股权。此外， 还有航发资产和北京国发基金作为主要股东。公司上市后员工持股平台占比约 为 4.7%。实控人为中国航发集团，与航发动力、航发科技、航发控制等公司 航材股份在熔炼技术方面表现出色，达到了世界先进水平。高温合金母 合金熔炼业务的毛利率较低，提升高温合金母合金熔炼毛利率方面仍有 较大空间。 航材股份的透明件业务主要应用于战斗机驾驶员舱位，随着四代、五代 战机的发展，透明件还需具备隐身功能，预计在 2025 年期间会取得重 大技术进步，为公司带来新的业务增长。 同属该集团旗下。 公司在钛合金业务方 ...

Group 1 - The core viewpoint of the news is that Huajin Technology (sh688281) experienced a significant stock price increase, reaching a limit up of 20% to 93.47 yuan, with a total market capitalization of 25.477 billion yuan and a trading volume of 624 million yuan as of the report date [1][2]. Group 2 - Huajin Technology signed contracts worth 392 million yuan for aerospace engine component processing and 254 million yuan for special materials sales in 2026, which significantly contributes to revenue growth [2]. - The revenue of Huajin's subsidiaries, such as Huajin Aviation, increased by 142% to 1825% year-on-year, indicating strong business expansion capabilities [2]. - The company invested 105 million yuan in R&D in the first three quarters, a year-on-year increase of 81.39%, representing 13.11% of its revenue, enhancing its core competitiveness [2]. - Guotai Junan Securities rated Huajin Technology as "Buy" on January 7, 2026, with a target price of 84.9 yuan, attracting market attention [2]. - The military industry sector has been gaining market attention, with related stocks performing actively, and Huajin Technology, as a military enterprise, benefits from this sector's momentum [2]. - There was a notable inflow of funds into Huajin Technology's stock, indicating a positive market response to its favorable factors [2].

Core Viewpoint - The successful implementation of self-service customs declaration document query and printing at Xi'an Baotai Aviation Materials Co., Ltd. marks a significant advancement in trade facilitation through the promotion of electronic data services by the General Administration of Customs [1] Group 1: Implementation of Self-Service System - The General Administration of Customs has fully promoted the self-service query and printing of customs declaration documents and electronic data, transitioning from manual review and stamping of paper applications to a more efficient online process [1] - The new system allows companies to download and print customs declaration documents with an automatic customs stamp using a legal entity card through the "single window" platform [1] Group 2: Benefits for Companies - Previously, obtaining customs declaration documents required two visits to the customs office and took 2 to 4 working days; now, the entire process can be completed online in just 10 minutes [1] - The new service reduces the circulation of paper documents, alleviating the burden on enterprises and enhancing the level of trade facilitation [1] Group 3: Query Capabilities - Eligible companies can input up to 50 customs declaration numbers per query, while high-level certified enterprises have no limit on the number of declaration numbers they can query [1]

Group 1 - The National Committee members conducted a concentrated inspection in Xi'an to optimize regional economic layout and promote technological innovation for industrial upgrading [1] - Members visited companies such as Rainbow Display Device Co., Ltd. and Shaanxi Tiancai Aviation Materials Co., Ltd. to understand key core technology breakthroughs and major technological achievements [1] - The inspection included a visit to the East Zhuang Reservoir to assess construction progress and hear about flood control, water resource optimization, and ecological improvement [1] Group 2 - The committee emphasized the importance of learning and implementing the spirit of the 20th Central Committee and the Central Economic Work Conference, focusing on optimizing regional economic layout and strengthening technological innovation [2] - There is a call for continuous grassroots engagement to gather real insights and propose effective strategies for rural revitalization and industrial upgrading [2] - The committee aims to promote the new achievements and opportunities in Shaanxi's development, contributing to a strong start for the "15th Five-Year Plan" [2]

Group 1 - Shenzhen Jiuzheng Precision Technology Co., Ltd. has been established with a registered capital of 2 million RMB [1] - The legal representative of the company is Guo Yaozheng [1] - The company's business scope includes manufacturing and sales of optical instruments, 5G communication technology services, semiconductor device manufacturing, and various types of robot manufacturing and sales [1] Group 2 - The company is involved in the processing of mechanical parts and components, as well as the retail of motorcycle and automotive parts [1] - It also engages in the manufacturing and sales of intelligent unmanned aerial vehicles and service robots [1] - The company is authorized to conduct domestic trade agency, import and export of goods, and technology import and export [1]

Core Insights - Recently, China National Building Material (Shanghai) Aviation Technology Co., Ltd. has undergone a business change, increasing its registered capital from 1.05 billion RMB to 1.55 billion RMB, representing an increase of approximately 48% [1][1] - The company has also seen changes in multiple senior management positions [1] Company Overview - The company was established in April 2021 and is legally represented by Chen Chun [1] - Its business scope includes research and development of new material technologies, engineering and technical research and experimental development, and sales of civil aviation materials [1] - The company is jointly held by China National Building Material Group Corporation and China National Materials Group Corporation (002080) [1]

Core Insights - The "Technology Transfer Officer" initiative in Changzhou has successfully facilitated the landing of over 70 technological achievements within a year, playing a crucial role in building an innovation ecosystem that integrates universities and local industries [1][2]. Group 1: Achievements of the Initiative - The initiative has led to the introduction of 72 high-quality innovation and entrepreneurship projects and the establishment of 18 high-level cooperation platforms [2]. - A total of 37 joint research projects have been launched, resulting in 56 industry-academia-research contracts with a total value of nearly 100 million yuan [2]. - The "Technology Transfer Officers" have conducted over 350 meetings, resulting in more than 10 project signings and over 20 intention agreements, effectively addressing the last mile of technology transfer [2]. Group 2: Talent and Innovation Ecosystem - The initiative has facilitated the flexible movement of nearly 1,000 doctoral-level talents between universities and enterprises, solving over 1,300 technical problems and contributing to an economic benefit increase of 2.44 billion yuan [5]. - The establishment of over 110,000 talent apartments has created a supportive environment for young professionals, ensuring they have housing and career development opportunities [5]. Group 3: Future Directions - The Changzhou government aims to deepen collaboration with universities and research institutions, enhancing the connection between industrial advantages and innovative resources to empower the development of new productivity [7].

Group 1: Company Performance Highlights - The report indicates that Meinian Health achieved a revenue of 4.1 billion yuan in H1 2025, with a year-on-year decline of 2.28%, and a net loss of 221 million yuan, which is an increase in loss by 2.59% year-on-year [4][6] - Zhongjian Technology reported a significant revenue increase of 59.46% year-on-year, reaching 464 million yuan in H1 2025, with a net profit growth of 99.15% [8][9] - Jinfat Technology's revenue for H1 2025 was 31.6 billion yuan, reflecting a 36% year-on-year increase, while net profit rose by 54% [15][16] Group 2: Strategic Initiatives and Innovations - Meinian Health is advancing its "All in AI" strategy, integrating AI technology into health management, generating 140 million yuan in revenue from AI-related services, a 62.36% increase year-on-year [6][7] - Zhongjian Technology is benefiting from the growing demand for high-performance carbon fiber in aerospace and high-end equipment, with a focus on expanding production capacity [8][11] - Jinfat Technology is leveraging new materials and innovative products to capture emerging market opportunities, with significant growth in its modified plastics and new materials segments [15][17] Group 3: Financial Projections and Ratings - Meinian Health's revenue projections for 2025-2027 are 10.4 billion, 11.4 billion, and 12.6 billion yuan, with net profits expected to grow significantly in the coming years [7] - Zhongjian Technology's revenue forecasts for 2025-2027 are 1.06 billion, 1.27 billion, and 1.59 billion yuan, with a "buy" rating maintained due to strong growth prospects [13] - Jinfat Technology anticipates revenues of 646 billion, 737 billion, and 828 billion yuan for 2025-2027, with a "buy" rating reflecting its leadership in the modified plastics industry [19]

Core Viewpoint - The company is planning to acquire intellectual property rights related to six types of high-temperature alloy master alloys from its controlling shareholder, China Aviation Materials Research Institute, using funds raised from its initial public offering, which constitutes a significant asset restructuring [1][4][12]. Fundraising Overview - The company was approved to publicly issue 90 million shares at a price of RMB 78.99 per share, raising a total of RMB 710.91 million, with a net amount of RMB 689.56 million after expenses [2]. - The net proceeds will be allocated to various projects, including high-performance elastic materials and high-temperature alloy products [3]. Transaction Details - The transaction involves the transfer of six types of high-temperature alloy master alloy intellectual property rights, valued at RMB 18.41 million, which will eliminate the need for ongoing royalty payments to the controlling shareholder [4][8][12]. - The intellectual property includes 14 items, comprising 3 national defense patents, 3 trade secrets, and 8 technical standards, essential for producing components in aerospace applications [6][9]. Necessity and Feasibility of the Transaction - The acquisition is deemed necessary for the company to enhance its capabilities in high-temperature alloy production and to fulfill commitments made during its IPO regarding avoiding competition with its controlling shareholder [12]. - The technology involved has been validated through extensive application, ensuring a stable market demand and economic benefits for the company [12]. Approval Process - The transaction has been approved by the board of directors and the supervisory board, but it still requires approval from the shareholders' meeting and relevant regulatory bodies [15].