Core Viewpoint - Northern Navigation's stock has shown significant volatility, with a year-to-date increase of 43.84% but a recent decline in the last 5, 20, and 60 trading days [1][2] Financial Performance - For the period from January to September 2025, Northern Navigation achieved a revenue of 2.468 billion yuan, representing a year-on-year growth of 210.01%, and a net profit attributable to shareholders of 125 million yuan, up 268.83% year-on-year [2] - Cumulative cash dividends since the A-share listing amount to 603 million yuan, with 150 million yuan distributed over the last three years [3] Stock Market Activity - As of December 1, Northern Navigation's stock price was 14.01 yuan per share, with a market capitalization of 21.174 billion yuan and a trading volume of 196 million yuan [1] - The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on September 3, where it recorded a net buy of -21.4038 million yuan [1] Shareholder Structure - As of November 20, the number of shareholders increased to 157,000, with an average of 9,626 circulating shares per person, a decrease of 2.36% [2] - The top ten circulating shareholders include notable funds such as the Fortune CSI Military Industry Leader ETF and Guotai Junan CSI Military Industry ETF, with varying changes in their holdings [3] Industry Classification - Northern Navigation operates within the defense and military industry, specifically in ground equipment, and is associated with concepts such as aircraft carrier industry, Beidou navigation, and aerospace military [2]

Group 1 - The core point of the news is that Beifang Navigation has seen a stock price increase of 5%, reaching 14.07 CNY per share, with a trading volume of 606 million CNY and a turnover rate of 2.90%, resulting in a total market capitalization of 21.264 billion CNY [1] - Beifang Navigation Technology Co., Ltd. is located in Beijing Economic and Technological Development Zone and was established on September 11, 2000, with its listing date on July 4, 2003 [1] - The company's main business involves guidance control, navigation control, detection control, environmental control, stability control, radio and satellite communication, and electrical connectors, with military products accounting for 99.43% of revenue and civilian products only 0.57% [1] Group 2 - From the perspective of fund holdings, one fund under GF Fund has a significant position in Beifang Navigation, specifically the GF Hengrong 3-Month Holding Period Mixed A Fund, which held 34,800 shares, representing 0.24% of the fund's net value, ranking as the seventh largest holding [2] - The GF Hengrong 3-Month Holding Period Mixed A Fund was established on August 17, 2021, with a latest scale of 93.8127 million CNY, and has achieved a year-to-date return of 4.76%, ranking 6507 out of 8209 in its category [2] - The fund manager, Song Qianqian, has been in position for 5 years and 118 days, overseeing total assets of 91.026 billion CNY, with the best fund return during her tenure being 24.04% and the worst being 0.45% [2]

Core Viewpoint - Northern Navigation's stock has experienced fluctuations, with a notable decline of 2.03% on November 3, 2023, and a year-to-date increase of 44.05% [1][2] Financial Performance - For the period from January to September 2025, Northern Navigation achieved a revenue of 2.468 billion yuan, representing a year-on-year growth of 210.01%, and a net profit attributable to shareholders of 125 million yuan, up 268.83% year-on-year [2] - Cumulatively, the company has distributed 603 million yuan in dividends since its A-share listing, with 150 million yuan distributed over the past three years [3] Stock Market Activity - As of November 3, 2023, Northern Navigation's stock price was 14.03 yuan per share, with a total market capitalization of 21.204 billion yuan [1] - The stock has seen a net outflow of 22.62 million yuan from major funds, with significant selling pressure observed [1] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on September 3, 2023, showing a net buy of -21.40 million yuan [1] Shareholder Structure - As of October 20, 2023, Northern Navigation had 151,000 shareholders, with an average of 10,008 circulating shares per person, reflecting a slight decrease [2] - The top ten circulating shareholders include notable funds such as the Fortune China Securities Military Industry Leader ETF and Guotai Junan National Security Mixed Fund, with varying changes in their holdings [3]

Core Viewpoint - Northern Navigation's stock has experienced fluctuations, with a year-to-date increase of 47.64% but a recent decline over the past 60 days of 17.31% [1] Financial Performance - For the period from January to September 2025, Northern Navigation achieved a revenue of 2.468 billion yuan, representing a year-on-year growth of 210.01%, and a net profit attributable to shareholders of 125 million yuan, up 268.83% year-on-year [2] Stock Market Activity - As of October 30, Northern Navigation's stock price was 14.38 yuan per share, with a trading volume of 3.76 billion yuan and a turnover rate of 1.72%. The total market capitalization stood at 21.733 billion yuan [1] - The stock has seen significant net outflows of 45.3782 million yuan from major funds, with large orders showing a buy of 621.184 million yuan and a sell of 905.422 million yuan [1] Shareholder Information - As of October 20, the number of shareholders for Northern Navigation was 151,000, an increase of 0.36% from the previous period, with an average of 10,008 circulating shares per shareholder, a decrease of 0.36% [2] - The top ten circulating shareholders include various ETFs, with notable changes in holdings among them [3]

Group 1 - The core viewpoint of the news highlights the performance and financial metrics of Beifang Navigation, indicating a significant increase in stock price and revenue growth [1][2] - As of October 28, Beifang Navigation's stock price rose by 2.05% to 14.93 CNY per share, with a total market capitalization of 22.564 billion CNY [1] - The company has seen a year-to-date stock price increase of 53.29%, with a recent 5-day increase of 3.11% and a 20-day increase of 4.41% [1] Group 2 - For the period from January to September 2025, Beifang Navigation reported a revenue of 2.468 billion CNY, representing a year-on-year growth of 210.01%, and a net profit attributable to shareholders of 125 million CNY, up 268.83% year-on-year [2] - The company primarily operates in the defense and military sector, with 99.43% of its revenue coming from military products and only 0.57% from civilian products [1] - Beifang Navigation has a total of 151,000 shareholders as of October 20, with an average of 10,008 circulating shares per shareholder [2] Group 3 - The company has distributed a total of 603 million CNY in dividends since its A-share listing, with 150 million CNY distributed over the past three years [3] - Among the top ten circulating shareholders, notable changes include an increase in holdings by the Fortune CSI Military Leaders ETF and a decrease in holdings by the Guotai CSI Military ETF [3]

Core Viewpoint - Northern Navigation has experienced a decline in stock price, dropping 2.67% to 14.24 CNY per share, with a total market capitalization of 21.52 billion CNY, and a cumulative drop of 7.41% over the last four days [1] Company Overview - Northern Navigation Control Technology Co., Ltd. was established on September 11, 2000, and listed on July 4, 2003. The company is located in Beijing Economic and Technological Development Zone and specializes in guidance control, navigation control, detection control, environmental control, stability control, radio and satellite communication, and electrical connectors [1] - The company's revenue composition is heavily weighted towards military products, accounting for 99.43%, while civilian products contribute only 0.57% [1] Shareholder Information - Among the top ten circulating shareholders of Northern Navigation, Guotai Fund's Guotai Zhongzheng Military Industry ETF (512660) increased its holdings by 4.44 million shares in the second quarter, totaling 12.25 million shares, which represents 0.81% of the circulating shares [2] - The estimated floating loss for Guotai Zhongzheng Military Industry ETF today is approximately 4.78 million CNY, with a cumulative floating loss of 13.97 million CNY during the four-day decline [2] Fund Performance - Guotai Zhongzheng Military Industry ETF (512660) was established on July 26, 2016, with a current scale of 15.60 billion CNY. Year-to-date returns are 16.78%, ranking 3121 out of 4218 in its category, while the one-year return is 23.28%, ranking 2440 out of 3865 [2] - Since its inception, the fund has achieved a return of 21.65% [2] Fund Management - The fund manager of Guotai Zhongzheng Military Industry ETF is Ai Xiaojun, who has been in the position for 11 years and 281 days. The total asset scale under management is 124.65 billion CNY, with the best fund return during the tenure being 270.09% and the worst being -46.54% [3]

Core Viewpoint - Northern Navigation has shown significant stock performance with a year-to-date increase of 50.41% and a recent trading volume indicating active market participation [1][2]. Financial Performance - For the first half of 2025, Northern Navigation achieved a revenue of 1.703 billion yuan, representing a year-on-year growth of 481.19%, and a net profit attributable to shareholders of 116 million yuan, up 256.59% [2]. - Cumulatively, since its A-share listing, Northern Navigation has distributed a total of 603 million yuan in dividends, with 150 million yuan distributed over the past three years [3]. Stock Market Activity - As of September 30, Northern Navigation's stock price was 14.65 yuan per share, with a market capitalization of 22.127 billion yuan. The stock experienced a trading volume of 234 million yuan and a turnover rate of 1.07% [1]. - The stock has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on September 3, where it recorded a net buy of -21.4038 million yuan [1]. Shareholder Structure - As of September 19, the number of shareholders for Northern Navigation was 154,300, a decrease of 1.78% from the previous period, while the average number of circulating shares per shareholder increased by 1.81% to 9,788 shares [2]. - The top ten circulating shareholders include significant institutional investors, with notable increases in holdings from several funds, indicating growing institutional interest [3].

Core Viewpoint - Northern Navigation has shown significant stock performance with a year-to-date increase of 47.43% and a recent trading volume indicating active market interest [1][2]. Company Overview - Northern Navigation Technology Co., Ltd. was established on September 11, 2000, and listed on July 4, 2003. The company specializes in guidance control, navigation control, detection control, environmental control, stability control, radio and satellite communication, and electrical connectors [1]. - The company's revenue composition is primarily from dual-use military and civilian products, accounting for 97.89%, with other supplementary products making up 2.11% [1]. Financial Performance - For the first half of 2025, Northern Navigation reported a revenue of 1.703 billion yuan, representing a year-on-year growth of 481.19%. The net profit attributable to shareholders was 116 million yuan, reflecting a year-on-year increase of 256.59% [2]. - Cumulatively, the company has distributed 603 million yuan in dividends since its A-share listing, with 150 million yuan distributed over the past three years [3]. Shareholder Information - As of September 10, 2025, the number of shareholders for Northern Navigation is 157,100, a decrease of 8.87% from the previous period. The average number of tradable shares per shareholder has increased by 9.74% to 9,614 shares [2]. - The top ten circulating shareholders include several significant institutional investors, with notable increases in holdings for funds such as Guotai Asset and Southern Asset Management [3].

Company Overview - Northern Navigation is located in Beijing Economic and Technological Development Zone and was established on September 11, 2000, with its listing date on July 4, 2003. The company specializes in guidance control, navigation control, detection control, environmental control, stability control, radio and satellite communication, and electrical connectors. The revenue composition is 97.89% from dual-use products and 2.11% from other sources [1][2]. Stock Performance - As of September 11, Northern Navigation's stock price increased by 2.02%, reaching 14.11 CNY per share, with a trading volume of 360 million CNY and a turnover rate of 1.71%. The total market capitalization is 21.312 billion CNY [1]. - Year-to-date, the stock price has risen by 44.87%, with a 1.51% increase over the last five trading days, a 15.51% decrease over the last 20 days, and a 20.60% increase over the last 60 days [1]. Financial Performance - For the first half of 2025, Northern Navigation reported a revenue of 1.703 billion CNY, representing a year-on-year growth of 481.19%. The net profit attributable to shareholders was 116 million CNY, showing a year-on-year increase of 256.59% [2]. Shareholder Information - As of August 29, the number of shareholders for Northern Navigation was 172,400, a decrease of 3.53% from the previous period. The average number of circulating shares per person increased by 3.65% to 8,761 shares [2]. - The company has distributed a total of 603 million CNY in dividends since its A-share listing, with 150 million CNY distributed over the last three years [3]. Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders include notable funds such as Guotai Asset Management and Southern Asset Management, with significant increases in holdings compared to the previous period [3].

Core Viewpoint - Northern Navigation has shown significant financial growth, with a notable increase in revenue and net profit, indicating strong operational performance and potential investment opportunities [2][3]. Financing Summary - On September 10, Northern Navigation's financing buy-in amounted to 18.13 million yuan, while financing repayment reached 42.98 million yuan, resulting in a net financing outflow of 24.85 million yuan [1]. - As of September 10, the total financing and securities lending balance for Northern Navigation was 833 million yuan, with the financing balance at 828 million yuan, representing 3.97% of the circulating market value, which is above the 80th percentile of the past year [1]. - The company had a securities lending balance of 4.48 million yuan, with a lending volume of 32.36 million shares, indicating a low level compared to the 20th percentile of the past year [1]. Financial Performance - For the first half of 2025, Northern Navigation reported a revenue of 1.703 billion yuan, reflecting a year-on-year growth of 481.19%, and a net profit attributable to shareholders of 116 million yuan, up 256.59% year-on-year [2]. - Cumulatively, since its A-share listing, Northern Navigation has distributed a total of 603 million yuan in dividends, with 150 million yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, Northern Navigation had 172,400 shareholders, a decrease of 3.53% from the previous period, with an average of 8,761 circulating shares per shareholder, an increase of 3.65% [2]. - Notable institutional shareholders include Guotou Ruijin National Security Mixed A, which increased its holdings by 3.12 million shares, and other ETFs that also saw increases in their shareholdings [3].