人民财讯1月8日电，广州市人民政府办公厅印发《广州市加快建设先进制造业强市规划(2024—2035 年)》。其中提出，大力发展低空经济和商业航天。围绕低空经济发展实际需求，探索建设民用无人驾 驶航空试验区，培育发展低空领域新技术、新模式、新业态。开展枢纽型起降场、垂直起降点、无人机 试飞场地、自动值守机库、无人机起降机柜等起降基础设施建设。在有条件的轨道交通站场、码头、公 交站场、高速公路服务区建设低空飞行器低空起降、备降设施。建设低空智能融合基础设施，构建设施 网、空联网、航路网、服务网"四张网"，构建低空飞行器检验检测、适航验证及质量安全保障公共服务 平台，为低空飞行器研发制造企业提供检验检测、试飞测试等技术支撑。围绕与低空经济发展关联的新 材料、新能源、新工艺、导航定位、智慧交通等方面加大产业培育、招商引资力度，以动力系统、飞控 系统、安全系统、复合材料为重点，加大低空制造关键核心技术攻关，占据技术领先高地。依托广州低 空经济应用示范岛，开展"低空+通勤""低空+旅游""低空+应急"等应用示范，通过丰富应用场景，延展 出更多的产业链条，引导供应链产业链上下游企业集聚集群发展。以建设先进的系列化运载火箭产 ...

数据显示，长信基金旗下1只基金位居盟升电子十大流通股东。长信国防军工量化混合A（002983）三 季度新进十大流通股东，持有股数678.49万股，占流通股的比例为4.04%。根据测算，今日浮亏损失约 1648.73万元。 12月29日，盟升电子跌5.03%，截至发稿，报45.90元/股，成交6.04亿元，换手率7.68%，总市值77.08亿 元。 资料显示，成都盟升电子技术股份有限公司位于四川省成都市天府新区兴隆街道桐子咀南街350号，成 立日期2013年9月6日，上市日期2020年7月31日，公司主营业务涉及卫星应用技术领域相关产品的研发 及制造,是一家卫星导航和卫星通信终端设备研发、制造、销售和技术服务。主营业务收入构成为：卫 星导航78.22%，卫星通信20.66%，租赁1.12%。 从盟升电子十大流通股东角度 截至发稿，宋海岸累计任职时间7年323天，现任基金资产总规模64.95亿元，任职期间最佳基金回报 179.03%， 任职期间最差基金回报-26.88%。 从基金十大重仓股角度 长信国防军工量化混合A（002983）成立日期2017年1月5日，最新规模9.05亿。今年以来收益48.31%， 同类排 ...

Summary of the Conference Call for 信维通信 Company Overview - **Company**: 信维通信 (Xinwei Communication) - **Industry**: Telecommunications and Emerging Hardware Key Points and Arguments Growth Drivers 1. **Antenna Business Recovery**: The company has regained growth momentum in its antenna business due to the return of independent design in mobile phones, glasses, and watches. New antenna solutions are expected to be adopted in Apple's upcoming foldable phone and 20th-anniversary model, driving business growth in North America [2][3][10] 2. **Satellite Communication Demand**: The development of satellite communication is a significant growth driver. SpaceX is projected to ship 4-5 million satellite communication devices in 2025, doubling in 2026. 信维通信 is one of the few companies in China capable of generating over 1 billion in revenue in this sector, maintaining a strong supplier position [2][3][7][10] 3. **Thermal Management Technology**: With the adoption of steel-shell batteries in flagship Apple and Android devices, there is an increased demand for thermal management solutions. The company is well-positioned to benefit from this trend due to its technological advantages [2][3][9][10] 4. **Standard Components Expansion**: The establishment of a high-end MLCC factory will enhance the company's control over the high-value MLCC market, providing robust support for overall performance and entering a new growth cycle [2][4][10][11] Market Dynamics 1. **Impact of Component Price Increases**: Rising component prices may affect AI edge devices; however, major North American clients like Apple have strong supply chain management capabilities, allowing them to absorb cost pressures and potentially increase market share. In contrast, high-end Android devices may face cost pressures leading to price increases, making Apple products more competitive [2][5][10] 2. **Emerging Hardware Layouts**: 信维通信 has made significant strides in emerging hardware, including antenna design for devices like Manta glasses, Google glasses, and Tesla robots, as well as satellite communication and thermal management solutions [2][6][8] Future Outlook 1. **Positive Growth Forecast**: The company is expected to enter a new growth cycle with a recovery in its core business, surging demand for satellite communication, and advantages in thermal management technology. The expansion of standard components is also anticipated to contribute to profitability exceeding historical highs [2][3][10][11] 2. **Market Positioning**: The company is currently trading at 50%-60% of its historical high, indicating significant upside potential. A growth phase is expected to commence in Q3, with a substantial ramp-up in Q4, making 2026 a pivotal year for growth [2][11] Additional Important Insights - **Technological Leadership**: 信维通信's comprehensive layout in emerging hardware sectors positions it favorably for sustained growth over the next 1-2 years [2][8] - **Strategic Partnerships**: Collaborations with leading tech companies enhance 信维通信's market presence and technological capabilities [2][6]

Group 1 - The core viewpoint of the news is that Mengsheng Electronics has seen a stock price increase of 5.08%, reaching 35.98 CNY per share, with a trading volume of 1.23 billion CNY and a turnover rate of 2.08%, resulting in a total market capitalization of 60.42 billion CNY [1] - Mengsheng Electronics, established on September 6, 2013, and listed on July 31, 2020, specializes in the research, development, manufacturing, and sales of satellite application technology products, focusing on satellite navigation and satellite communication terminal equipment [1] - The company's main business revenue composition includes satellite navigation at 78.22%, satellite communication at 20.66%, and leasing at 1.12% [1] Group 2 - From the perspective of major fund holdings, Zhongyou Fund has a significant position in Mengsheng Electronics, with its Core Technology Innovation Flexible Allocation Mixed Fund (000966) holding 35,000 shares, accounting for 1.86% of the fund's net value, ranking as the sixth-largest holding [2] - The Core Technology Innovation Flexible Allocation Mixed Fund (000966) has a total scale of 80.8047 million CNY and has achieved a year-to-date return of 29.68%, ranking 3058 out of 8226 in its category [2] - The fund manager, Cao Si, has been in position for 11 years and 157 days, with the fund's best return during his tenure being 107.3% and the worst being 3.06% [2]

Group 1 - The core viewpoint of the news is that Mengsheng Electronics has experienced a significant decline in stock price, dropping 10.52% over the past four days, with the current price at 36.67 CNY per share and a market capitalization of 6.157 billion CNY [1] - Mengsheng Electronics, established on September 6, 2013, and listed on July 31, 2020, specializes in the research, development, manufacturing, and sales of satellite application technology products, with a revenue composition of 78.22% from satellite navigation, 20.66% from satellite communication, and 1.12% from leasing [1] - The trading volume for Mengsheng Electronics on the reporting day was 149 million CNY, with a turnover rate of 2.34% [1] Group 2 - Yongying Fund has one fund heavily invested in Mengsheng Electronics, specifically the Yongying High-end Equipment Smart Selection Mixed Fund A (015789), which held 450,400 shares, accounting for 3.46% of the fund's net value, making it the ninth largest holding [2] - The fund has incurred a floating loss of approximately 869,200 CNY today and a total floating loss of 2.0447 million CNY during the four-day decline [2] - The Yongying High-end Equipment Smart Selection Mixed Fund A was established on July 15, 2022, with a current scale of 113 million CNY, and has achieved a year-to-date return of 19.87% and a one-year return of 65.94% [2]

Company Overview - Shanghai Hanxun's stock price closed at 25.03 yuan on August 5, 2025, with an increase of 0.14 yuan, representing a rise of 0.56% from the previous trading day [1] - The trading volume for the day was 553,291 hands, with a total transaction amount of 1.385 billion yuan [1] Business Focus - The company specializes in the research, development, manufacturing, sales, and technical services of military broadband mobile communication systems and military tactical communication equipment [1] - Its products are primarily used in the field of national defense informationization [1] Recent Developments - In June 2025, the company disclosed its role as a supplier for the Qianfan Constellation communication subsystem and as a core research unit for the G60 constellation payload, responsible for the development and supply of related satellite communication equipment [1]

Core Points - Heavy rainfall has caused significant damage to multiple roads in the mountainous areas of Beijing's Miyun District, with some roadbeds completely washed away [1][7] - The local authorities are prioritizing emergency repairs and have mobilized over 100 machines and 200 workers to restore the most severely affected routes [8] - Communication services have been disrupted in severely affected areas, prompting the use of drones equipped with satellite communication to provide connectivity [8] Group 1: Road Damage and Repair Efforts - The Xinyang Line (National Road 234) has experienced severe roadbed damage, complicating access to local government offices in Fengjiayu and Bulaotun towns, both of which have been heavily impacted [2][6] - Repair efforts are ongoing, with workers using ordinary stones to stabilize the roadbed, and an estimated 200 trucks of materials are needed for initial repairs, with additional materials required for further reinforcement [5][6] - The local government has identified 14 roads under management, with 7 being actively monitored due to landslides and roadbed damage [7][8] Group 2: Communication Challenges - Due to the road damage, emergency vehicles carrying satellite communication equipment are unable to reach affected areas, leading to communication blackouts [8] - China Mobile Beijing has deployed drones to provide communication services to the affected villages, utilizing satellite transmission to maintain connectivity [8]

Core Viewpoint - The article discusses the procurement project for the Hainan University Cryptography Research Experimental Environment Platform (Phase II) Package A, with a budget of 63,091,500.00 yuan, highlighting the rapid advancements in flow cytometry technology and the structural changes in the industry towards domestic production [1][2]. Group 1: Project Overview - Project Number: HD2025-1-023, Project Name: Hainan University Cryptography Research Experimental Environment Platform (Phase II) Package A, Procurement Method: Competitive Negotiation, Budget Amount: 63,091,500.00 yuan [2]. - The procurement package has a maximum price limit of 63,091,500.00 yuan and requires a bid security of 300,000.00 yuan [2]. Group 2: Procurement Details - The procurement demand includes satellite communication equipment, with a total quantity of 1 batch, and the budget allocated for this item is 63,091,500.00 yuan [2]. - The contract performance period is set for 24 months, with the satellite payload portion to be completed within 12 months [2]. Group 3: Document Acquisition - Procurement documents can be obtained online from June 26, 2025, to July 3, 2025, during specified hours [3]. - Bidders must register on the Hainan Provincial Government Procurement Smart Cloud Platform to download the bidding documents [4]. Group 4: Contact Information - The procurement entity is Hainan University, located at 58 Renmin Avenue, Haikou City, Hainan Province, with contact number 0898-66251770 [6]. - The procurement agency is Huacai Tendering Group Co., Ltd., located at 1-3 Jinlian Road, Longhua District, Haikou City, with contact number 0898-65392579 [6].

Summary of Flex (FLEX) 2025 Conference Call Company Overview - **Company**: Flex (FLEX) - **Industry**: Electronics Manufacturing Services (EMS) - **Key Speakers**: CEO Revathi Advaithi, Rob Campbell (CEC Business Lead), Michelle Simmons (Head of IR) Core Business Segments - **Data Center Business**: - Unique positioning as a supplier of both IT integration and power products, which is rare in the industry [6][10] - Current business size is approximately $5 billion, with a growth rate of 35% projected for the year [10] - Previous year growth was 50% year-on-year [12] - Major drivers include the increasing demand for AI infrastructure, which is compute and power hungry [12][14] - **CEC (Communications Enterprise and Cloud)**: - Largest business unit within Flex, comprising networking, wireless, and satellite communications [27][28] - Engages with all four major US hyperscalers, providing a range of services from server boards to full rack integration [35][36] Financial Performance and Growth Drivers - **Revenue Growth**: - Data center business is expected to grow at 35% this year, following a 50% growth last year [10][12] - Long-term guidance suggests a conservative growth rate of 20% through the cycle [14] - **Impact of Tariffs**: - Transition towards North American manufacturing has accelerated due to tariffs and supply chain resiliency discussions [21][22] - Flex is focusing on complex products with long-term customer relationships to drive growth [22] Market Trends and Competitive Advantages - **AI Infrastructure**: - Significant growth potential in AI infrastructure build-out over the next decade, driving demand for data center services [12][13] - Power density and cooling solutions are becoming increasingly critical as data center requirements evolve [14][55] - **Power Business**: - Flex is positioned uniquely in the power space, providing solutions from grid to chip, which integrates both electrical and IT components [54][55] - Focus on complex products leads to higher margins, with the data center space being particularly lucrative [48] Margin Outlook - **Operating Margins**: - Guidance for 6% operating margin, with a focus on improving the mix of business units to enhance margins [42][46] - Agility business is currently producing higher margins than reliability, with expectations for continued improvement [46] Capital Allocation and Shareholder Returns - **M&A and Share Buybacks**: - Flex has balanced M&A investments with a share buyback strategy, aiming for continued shareholder returns [62] - The company plans to maintain this strategy moving forward, focusing on both organic growth and acquisitions [62] Additional Insights - **Consignment Business**: - The percentage of revenue from consignment has increased from 11% to 20%, indicating a growing trend [58] - Despite this, Flex has maintained strong growth rates in its data center business [58] - **Future Vision**: - Flex aims to be a technology leader in the data center space, addressing heat and power challenges with innovative solutions [60][61] - The company believes its margin journey has just begun, with significant potential for future growth [61]

Group 1 - The Shenzhou 19 manned spacecraft successfully landed on April 30, with three astronauts returning to Earth, supported by China Electronics Technology Group Corporation (CETC) through comprehensive technological support and a safety network for the mission [1] - CETC utilized various measurement and control equipment, including portable, airborne, vehicle-mounted, and fixed stations, to create a dense communication network that ensured real-time tracking and command during the landing process [1][2] - The landing accuracy of the spacecraft was a critical test of aerospace measurement and control capabilities, with CETC conducting millions of simulations to refine the landing trajectory [1] Group 2 - During re-entry, the spacecraft experienced extreme temperatures exceeding a thousand degrees Celsius, leading to communication blackouts, which CETC addressed with self-developed radar systems for continuous tracking and measurement [2] - The radar technology developed by CETC overcame the challenges of tracking during the blackout period, ensuring the spacecraft remained within radar visibility throughout its descent [2] - The new system significantly improved communication success rates to over 95%, enhancing the stability and continuity of information for command personnel [3] Group 3 - CETC's search and rescue positioning equipment, distributed across over 10 emergency points and covering more than 7,000 kilometers, established a comprehensive search network capable of guiding rescue teams to the landing site [3] - A satellite communication system was developed to ensure real-time transmission of critical information and images during the landing and astronaut extraction processes [3] - Various communication devices, including fixed, airborne, vehicle-mounted, and portable stations, were created to support the search teams and facilitate command information transmission [3]