数据显示，国泰基金旗下1只基金位居国科军工十大流通股东。国泰中证军工ETF（512660）三季度减 持37.18万股，持有股数125.69万股，占流通股的比例为1.08%。根据测算，今日浮亏损失约354.46万 元。 国泰中证军工ETF（512660）成立日期2016年7月26日，最新规模141.09亿。今年以来收益13.53%，同 类排名3122/4206；近一年收益13.77%，同类排名3039/3986；成立以来收益18.26%。 11月26日，国科军工跌5.01%，截至发稿，报53.43元/股，成交2.85亿元，换手率4.54%，总市值111.58 亿元。 资料显示，江西国科军工集团股份有限公司位于江西省南昌市南昌经济技术开发区建业大街999号，成 立日期2007年12月29日，上市日期2023年6月21日，公司主营业务涉及导弹(火箭弹)固体发动机动力与 控制产品及弹药装备的研发、生产与销售。主营业务收入构成为：军品业务94.81%，民品业务4.76%， 其他(补充)0.42%。 从国科军工十大流通股东角度 截至发稿，艾小军累计任职时间11年321天，现任基金资产总规模1690.29亿元，任职期间最佳 ...

Market Overview - The Shanghai Composite Index rose by 0.05% to close at 3836.77 points, with a daily high of 3854.33 points [1] - The Shenzhen Component Index increased by 0.37% to close at 12585.08 points, reaching a high of 12655.29 points [1] - The ChiNext Index gained 0.31%, closing at 2929.04 points, with a peak of 2951.43 points [1] ETF Market Performance - The median return of stock ETFs was 0.2%, with the highest return from the Penghua SSE Sci-Tech Innovation Board 200 ETF at 3.01% [2] - The highest performing industry ETF was the China Securities Satellite Industry ETF, yielding 4.25% [2] - The highest return among thematic ETFs was the China Securities Aerospace Industry ETF, which achieved 5.01% [2] ETF Gain and Loss Rankings - The top three ETFs by gain were: - Huaxia China Securities Aerospace Industry ETF (5.01%) - Tianhong China Securities Aerospace Industry ETF (4.66%) - Wanji China Securities Aerospace Industry ETF (4.64%) [4] - The top three ETFs by loss were: - Xingyin SSE Sci-Tech Innovation Board Comprehensive Price ETF (-2.14%) - Huaxia China Securities Sci-Tech Innovation 50 ETF (-1.88%) - Jiashi China Securities Rare Metals Thematic ETF (-1.68%) [4] ETF Fund Flow - The top three ETFs by fund inflow were: - Huatai-PB SSE 300 ETF (inflow of 3.665 billion yuan) - Huaxia SSE 50 ETF (inflow of 1.53 billion yuan) - Southern CSI 500 ETF (inflow of 895 million yuan) [6] - The top three ETFs by fund outflow were: - Huabao CSI Bank ETF (outflow of 211 million yuan) - Fuguo CSI Military Industry Leaders ETF (outflow of 209 million yuan) - Guotai CSI Coal ETF (outflow of 207 million yuan) [6] ETF Margin Trading Overview - The highest margin buy amounts were for: - Huaxia SSE Sci-Tech Innovation 50 ETF (593 million yuan) - E Fund ChiNext ETF (440 million yuan) - Guotai CSI All-Share Securities Company ETF (415 million yuan) [8] - The highest margin sell amounts were for: - Huatai-PB SSE 300 ETF (34.95 million yuan) - Southern CSI 500 ETF (7.56 million yuan) - Huaxia SSE 50 ETF (3.97 million yuan) [9] Institutional Insights - Shenwan Hongyuan expects strong resonance between demand and supply in China's military trade, driven by expanding global military trade demand and enhanced product capabilities [10] - Debon Securities highlights a historic opportunity for the commercial aerospace industry, transitioning from manufacturing to application, with significant growth in low-orbit satellite demand [11]

截至发稿，艾小军累计任职时间11年319天，现任基金资产总规模1690.29亿元，任职期间最佳基金回报 256.49%， 任职期间最差基金回报-46.54%。 数据显示，国泰基金旗下1只基金位居三角防务十大流通股东。国泰中证军工ETF（512660）三季度减 持74.58万股，持有股数373.65万股，占流通股的比例为0.7%。根据测算，今日浮盈赚取约526.85万元。 国泰中证军工ETF（512660）成立日期2016年7月26日，最新规模141.09亿。今年以来收益9.68%，同类 排名3372/4209；近一年收益4.53%，同类排名3381/3982；成立以来收益14.25%。 国泰中证军工ETF（512660）基金经理为艾小军。 11月24日，三角防务涨5.05%，截至发稿，报29.31元/股，成交11.76亿元，换手率7.71%，总市值160.49 亿元。 资料显示，西安三角防务股份有限公司位于陕西省西安市航空基地蓝天二路8号，成立日期2002年8月5 日，上市日期2019年5月21日，公司主营业务涉及航空、航天、船舶、有色金属等行业锻件产品的研 制、生产和服务。主营业务收入构成为：模锻件产品95 ...

11月24日，海格通信涨5.04%，截至发稿，报11.89元/股，成交4.40亿元，换手率1.52%，总市值295.09 亿元。 资料显示，广州海格通信集团股份有限公司位于广东省广州市高新技术产业开发区科学城海云路88号， 成立日期2000年7月20日，上市日期2010年8月31日，公司主营业务涉及军事通信设备和导航设备的研 发、生产和销售。主营业务收入构成为：数智生态48.53%，无线通信30.93%，北斗导航12.57%，航空 航天6.28%，其他(补充)1.69%。 从海格通信十大流通股东角度 数据显示，国泰基金旗下1只基金位居海格通信十大流通股东。国泰中证军工ETF（512660）三季度减 持372.88万股，持有股数1931.17万股，占流通股的比例为0.78%。根据测算，今日浮盈赚取约1100.77万 元。 国泰中证军工ETF（512660）成立日期2016年7月26日，最新规模141.09亿。今年以来收益9.68%，同类 排名3371/4208；近一年收益4.53%，同类排名3380/3981；成立以来收益14.25%。 国泰中证军工ETF（512660）基金经理为艾小军。 截至发稿，艾小军累计 ...

11月24日，航天科技涨5.11%，截至发稿，报18.50元/股，成交4.11亿元，换手率2.84%，总市值147.67 亿元。 资料显示，航天科技控股集团股份有限公司位于北京市丰台区海鹰路6号院2号楼，成立日期1999年1月 27日，上市日期1999年4月1日，公司主营业务涉及车联网及工业物联网、航天应用产品、汽车电子、石 油仪器设备和电力设备。主营业务收入构成为：汽车电子84.98%，航天应用产品9.36%，平台软件及感 知设备6.62%，其他业务0.31%。 从航天科技十大流通股东角度 数据显示，国泰基金旗下1只基金位居航天科技十大流通股东。国泰中证军工ETF（512660）三季度减 持102.58万股，持有股数544.33万股，占流通股的比例为0.68%。根据测算，今日浮盈赚取约489.89万 元。 国泰中证军工ETF（512660）成立日期2016年7月26日，最新规模141.09亿。今年以来收益9.68%，同类 排名3371/4208；近一年收益4.53%，同类排名3380/3981；成立以来收益14.25%。 国泰中证军工ETF（512660）基金经理为艾小军。 截至发稿，艾小军累计任职时间11 ...

Group 1 - Construction Industry Group (Yunnan) Co., Ltd. experienced a decline of 5.18% on November 18, with a stock price of 27.65 CNY per share, a trading volume of 218 million CNY, a turnover rate of 1.93%, and a total market capitalization of 28.564 billion CNY [1] - The company, established on March 18, 1997, and listed on August 6, 2008, is primarily engaged in the research, design, production, and sales of automotive engine connecting rods, other industrial products, machine tool components, and other mechanical products, with 100% of its revenue coming from manufacturing [1] Group 2 - Among the top ten circulating shareholders of Construction Industry, Guotai Fund's Guotai Zhongzheng Military Industry ETF (512660) reduced its holdings by 559,300 shares in the third quarter, now holding 3.0253 million shares, which accounts for 0.75% of the circulating shares, resulting in an estimated floating loss of approximately 4.5682 million CNY [2] - The Guotai Zhongzheng Military Industry ETF (512660) was established on July 26, 2016, with a current scale of 14.109 billion CNY, achieving a year-to-date return of 13.99% and a one-year return of 9.53%, ranking 3277 out of 4212 and 3366 out of 3956 respectively [2]

Group 1 - The core viewpoint of the news is that Guokai Military Industry has seen a significant increase in stock price, rising by 5.62% to reach 51.86 CNY per share, with a total market capitalization of 10.831 billion CNY [1] - Guokai Military Industry, established on December 29, 2007, and listed on June 21, 2023, is primarily engaged in the research, production, and sales of solid rocket engines and ammunition equipment, with military products accounting for 94.81% of its revenue [1] - The company is located in Nanchang Economic and Technological Development Zone, Jiangxi Province, and has a minor revenue contribution from civilian products (4.76%) and other sources (0.42%) [1] Group 2 - Guotai Fund's Guotai Zhongzheng Military Industry ETF (512660) is among the top ten circulating shareholders of Guokai Military Industry, having reduced its holdings by 371,800 shares in the third quarter, now holding 1.2569 million shares, which is 1.08% of the circulating shares [2] - The Guotai Zhongzheng Military Industry ETF has a total scale of 14.109 billion CNY and has achieved a year-to-date return of 12.49%, ranking 3490 out of 4216 in its category [2] - The fund manager, Ai Xiaojun, has been in position for 11 years and has overseen a total asset scale of 169.029 billion CNY, with the best fund return during his tenure being 265.64% [3]

Group 1 - The core point of the news is that Changcheng Military Industry's stock price increased by 10%, reaching 53.55 CNY per share, with a trading volume of 468 million CNY and a turnover rate of 1.21%, resulting in a total market capitalization of 38.782 billion CNY [1] - Changcheng Military Industry Co., Ltd. is located in Hefei, Anhui Province, and was established on November 16, 2000, with its listing date on August 6, 2018. The company's main business involves the research, production, and sales management of military and civilian products through its subsidiaries [1] - The revenue composition of Changcheng Military Industry is as follows: equipment manufacturing accounts for 69.14%, civilian products 28.60%, and others 2.25% [1] Group 2 - From the perspective of the top ten circulating shareholders, Guotai Fund has a fund that ranks among the top shareholders of Changcheng Military Industry. The Guotai Zhongzheng Military Industry ETF (512660) reduced its holdings by 665,500 shares in the third quarter, holding a total of 3.5177 million shares, which represents 0.49% of the circulating shares [2] - The estimated floating profit for the Guotai Zhongzheng Military Industry ETF (512660) today is approximately 17.1311 million CNY [2] - The Guotai Zhongzheng Military Industry ETF (512660) was established on July 26, 2016, with a latest scale of 14.109 billion CNY. Year-to-date returns are 12.49%, ranking 3490 out of 4216 in its category; the one-year return is 4.35%, ranking 3599 out of 3956; and since inception, the return is 17.18% [2]

Group 1 - The core viewpoint of the news is that Chujiang New Materials has seen a stock price increase of 5.05%, reaching 13.10 CNY per share, with a trading volume of 1.257 billion CNY and a turnover rate of 6.12%, resulting in a total market capitalization of 21.26 billion CNY [1] - Chujiang New Materials, established on December 21, 2005, and listed on September 21, 2007, is primarily engaged in the research, processing, and sales of non-ferrous metal (copper) materials, thermal equipment for new materials, and the production of high-performance carbon fiber composite prefabricated components [1] - The company's revenue composition is as follows: copper-based materials account for 96.79%, high-end equipment and carbon fiber composites for 2.09%, and steel-based materials for 1.12% [1] Group 2 - From the perspective of the top ten circulating shareholders of Chujiang New Materials, Guotai Fund's Guotai Zhongzheng Military Industry ETF (512660) reduced its holdings by 1.3965 million shares in the third quarter, now holding 12.6253 million shares, which represents 0.78% of the circulating shares [2] - The estimated floating profit from this transaction is approximately 7.9539 million CNY [2] - The Guotai Zhongzheng Military Industry ETF (512660) was established on July 26, 2016, with a current scale of 14.109 billion CNY, yielding a return of 14.56% this year, ranking 3366 out of 4216 in its category [2]

Core Viewpoint - On November 6, Shangda Co., Ltd. experienced a stock price increase of 5.05%, reaching 35.75 CNY per share, with a trading volume of 657 million CNY and a turnover rate of 6.82%, resulting in a total market capitalization of 13.294 billion CNY [1] Company Overview - Shangda Co., Ltd., officially known as AVIC Shangda High-Temperature Alloy Materials Co., Ltd., is located at No. 16, Huigong Avenue, Qinghe County, Hebei Province. The company was established on August 23, 2007, and went public on October 16, 2024. Its main business involves the research, production, and sales of high-temperature and high-performance alloys, as well as high-quality special stainless steel [1] - The revenue composition of the company is as follows: high-temperature and high-performance alloys account for 52.58%, high-quality special stainless steel for 44.22%, other products for 2.02%, and additional items for 1.17% [1] Shareholder Information - Among the top ten circulating shareholders of Shangda Co., Ltd., a fund under Guotai Fund holds a position. The Guotai CSI Military Industry ETF (512660) reduced its holdings by 115,300 shares in the third quarter, now holding 735,400 shares, which represents 0.99% of the circulating shares. The estimated floating profit today is approximately 1.2649 million CNY [2] - The Guotai CSI Military Industry ETF (512660) was established on July 26, 2016, with a current scale of 14.109 billion CNY. Year-to-date returns are 14.4%, ranking 3251 out of 4216 in its category; the one-year return is 4.07%, ranking 3532 out of 3909; and since inception, the return is 19.17% [2]