债券代码：127071 债券简称：天箭转债 陕西中天火箭技术股份有限公司 （住所：陕西省西安市雁塔区高新区创业大厦八楼 C 座） 陕西中天火箭技术股份有限公司 公开发行可转换公司债券 受托管理事务报告 （2024 年度） 债券受托管理人 证券代码：003009 证券简称：中天火箭 （住所：北京市朝阳区建国门外大街 1 号国贸大厦 2 座 27 层及 28 层） 二〇二五年六月 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称《管理办法》）、 《公司债券受托管理人执业行为准则》（以下简称《执业行为准则》）、证券交 易所公司债券上市规则（以下简称"上市规则"）、发行人与中国国际金融股份 有限公司（以下简称"中金公司"或"受托管理人"）签订的债券受托管理协议 （以下简称"受托管理协议"）及其它相关信息披露文件以及陕西中天火箭技术 股份有限公司（以下简称"发行人"或"公司"）出具的相关说明文件和提供的 相关资料等，由受托管理人中金公司编制。中金公司编制本报告的内容及信息均 来源于陕西中天火箭技术股份有限公司提供的资料或说明。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜作出独立 ...

Group 1: Company Overview - The company is known for its small guided rockets, which have seen significant growth in 2024 due to high precision, low collateral damage, and high cost-effectiveness [2] - The primary market for small guided rockets is overseas, with military trade exports being the main sales method [2] Group 2: Financial Performance - The gross margin for small guided rockets in 2024 is reported at 37.4% [4] - The company’s mature products, particularly small guided rockets, are driving revenue growth [3] Group 3: Product Development and Trends - The company is focusing on the series and multi-platform development of small guided rockets [3] - The erosion-resistant components business is stable and expected to maintain this stability in the future [4] - The rain enhancement and hail prevention rocket segment is stable, with strong demand from meteorological agencies [6] Group 4: Challenges and Future Outlook - The carbon-ceramic brake disc business is currently small in scale but the company is one of the first to receive manufacturing approval [5] - The carbon-ceramic brake disc for automobiles is under active testing, with multiple models undergoing trials [6] - The carbon/carbon thermal field materials sector faced losses in 2024 due to oversupply, but long-term prospects remain hopeful with increasing focus on clean energy [8] - The human influence business saw a decline in revenue in 2024 due to temporary adjustments in procurement, but this is not expected to impact future performance [8]