国投瑞银国家安全混合A（001838）基金经理为李轩。 截至发稿，李轩累计任职时间10年55天，现任基金资产总规模30.52亿元，任职期间最佳基金回报 67.43%， 任职期间最差基金回报-30.21%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 从中航重机十大流通股东角度 数据显示，国投瑞银基金旗下1只基金位居中航重机十大流通股东。国投瑞银国家安全混合A （001838）三季度增持341.72万股，持有股数2017.13万股，占流通股的比例为1.3%。根据测算，今日 浮盈赚取约2017.13万元。 国投瑞银国家安全混合A（001838）成立日期2015年12月2日，最新规模22.97亿。今年以来收益 11.04%，同类排名1087/8843；近一年收益41.41%，同类排名2792/8096；成立以来收益63.8%。 1月22日，中航重机涨5.13%，截至发稿，报20.49元/股，成交6.07亿元，换手率1.95%，总市值320.37亿 元。 资料显示，中航重机股 ...

Core Viewpoint - 中航重机 is a leading enterprise in China's aviation forging sector, with a strong technical barrier and full industry chain advantages, focusing on forging, high-end hydraulic integration, and new energy [1] Group 1: Business Performance - In Q3 2025, 中航重机 reported revenue of 7.776 billion, ranking 6th in the industry, above the industry average of 3.456 billion and median of 1.171 billion [2] - The main business segments include forging with 4.774 billion (83.02%), hydraulic control with 982 million (17.08%), and others with 33.72 million (0.59%) [2] - Net profit for Q3 2025 was 710 million, also ranking 6th in the industry, exceeding the industry average of 224 million and median of 89.704 million [2] Group 2: Financial Ratios - As of Q3 2025, 中航重机's asset-liability ratio was 49.05%, down from 51.61% year-on-year but still above the industry average of 39.42% [3] - The gross profit margin for Q3 2025 was 28.32%, a decrease from 31.48% year-on-year and below the industry average of 30.54% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 6.02% to 98,200, while the average number of circulating A-shares held per household increased by 13.19% to 15,900 [5] - Major shareholders include 富国中证军工龙头ETF and 国投瑞银国家安全混合A, with significant increases in holdings [5] Group 4: Management Compensation - The chairman, 冉兴, received a salary of 893,900, an increase of 95,600 from the previous year [4] - The general manager, 胡灵红, received a salary of 887,500, an increase of 93,200 from the previous year [4] Group 5: Future Outlook - 天风证券 noted that 中航重机's revenue and net profit were under short-term pressure in H1 2025, but showed significant improvement in Q2 [5] - The company is expected to see a substantial increase in related procurement in 2025, potentially leading to a recovery in annual revenue performance [5] - Long-term growth is supported by new orders and breakthroughs in various markets, including the shipbuilding sector [6]