海南航空控股股份有限公司（600221）8月28日在上海证券交易所网站披露《关于对上海证券交易所 〈关于对海南航空控股股份有限公司重大资产购买草案的问询函〉回复的公告》，对6月18日收到的871 号问询函作出逐项回应。公告显示，海航控股拟以7.99亿元现金收购海南天羽飞行训练有限公司（下 称"天羽飞训"）100%股权，交易完成后将把航空培训业务纳入体内，形成"航空客运+航空培训"双主业 格局；但监管层对天羽飞训应收账款集中度、盈利持续性、评估增值及关联交易等问题提出尖锐质疑， 公司及相关中介机构在回复中给出了进一步数据与解释。 盈利波动、评估溢价与关联交易：独立财务顾问称交易定价合理 2021—2024年，天羽飞训归母净利润分别为0.79亿元、0.09亿元、1.85亿元、0.7亿元，波动明显；2024年营业 收入3.85亿元、同比下降8.55%，模拟机及乘务培训课时均减少。公司解释称，业绩起伏主要受公共卫生事件 冲击、破产重整一次性影响及2023年积压需求集中释放导致高基数所致，长期看民航培训需求随机队扩张持续 增长，公司具备持续经营能力。评估方面，本次采用收益法估值7.99亿元，较账面净资产5.95亿元溢价 ...

公司最新发布的2025年半年度报告显示，上半年实现营业收入7.05亿元，同比增长14.08%；归属于上市 公司股东的净利润6370.41万元，同比增长35.31%；扣非净利润4710.13万元，同比增长26.70%。 风险提示：股市有风险，投资需谨慎。（本内容由AI生成，仅供参考，不构成投资建议。） 海特高新股价报12.09元，较前一交易日下跌0.53元，跌幅4.20%。盘中最高触及12.56元，最低下探至 12.05元，成交量为49.86万手，成交金额6.16亿元。 海特高新主营业务涵盖航空维修、航空培训、航空研发制造等领域。公司是国内领先的航空技术服务企 业，在航空维修、航空培训等细分市场具有较强竞争力。 ...

Core Insights - The 2025 Town Economic Innovation Development Forum was held in Beijing, where the "2025 Top 500 Town Economies and Top 100 in Central China" report was released, highlighting Huanghua Town in Changsha County, Hunan Province, as the top town in Central China [1] Group 1: Economic Performance - Huanghua Town has achieved a "three consecutive jumps" in comprehensive strength over the past three years, recognized as "the first town in Central China" [7] - The town benefits from a "five-zone superposition" advantage, including various economic and trade zones, contributing to its high-quality development [9] Group 2: Infrastructure and Investment - Huanghua Town is focusing on low-altitude economy industries, including drone logistics and aviation training, to boost its airport construction [9] - Major projects such as airport expansion and logistics hubs from companies like YTO Express and SF Express have been established, with project volumes exceeding 100 billion [9] Group 3: Social Development - Huanghua Town is enhancing the quality of life by integrating traditional rural charm with modern development, creating high-quality community living environments [11] - Initiatives like the "15-minute high-quality community life circle" aim to ensure residents can meet basic needs within a short walking distance [11] Group 4: Future Goals - Huanghua Town aims to become a "modern air industry new city," focusing on innovation and high-quality development to contribute to the broader goals of Chinese modernization [12]

Core Viewpoint - Huanghua Town in Changsha County has been recognized as the "No. 1 Town in Central China" due to its strong development momentum and comprehensive strength, as highlighted in the "2025 Town Economy 500 Strong and Central 100 Strong" research report released at the forum [2]. Group 1 - Huanghua Town has achieved a three-year consecutive improvement in comprehensive strength, moving from "the first town in Hunan" to "the first town in Central China" [5]. - The town is strategically located with a unique transportation advantage, featuring a comprehensive six-dimensional transportation network that includes airports, highways, and high-speed rail [5]. - Huanghua Town serves as the main engine for economic development and project construction in Changsha County, leveraging its five functional area advantages to promote high-quality development [5]. Group 2 - The town focuses on low-altitude economy industries, including drone logistics, general aviation services, and aviation training, contributing to the construction of an aviation port [5]. - Major projects such as airport expansion and logistics initiatives from companies like YTO Express and SF Express have been successfully implemented, with project volumes exceeding 100 billion [5]. - Huanghua Town is committed to improving living standards and has developed a "15-minute high-quality community life circle" to enhance community services [6]. Group 3 - The town aims to establish itself as a "modern air industry new city," focusing on becoming a hub for intelligent manufacturing and innovation [6]. - Huanghua Town's development strategy includes creating "intelligent manufacturing highlands," "open highlands," and "beautiful rural highlands" to contribute to the broader goals of modernization [6]. - The town's achievements have been recognized in government reports, affirming its role in driving regional economic growth [5].