广联航空(300900) - 300900广联航空投资者关系管理信息20260108

Group 1: Company Overview and Strategic Positioning - Guanglian Aviation is a pioneer in the aerospace equipment structure sector among private enterprises in China, transitioning from satellite structure components to core rocket components through strategic acquisitions [4] - The company leverages its leading position in carbon fiber composite materials to enhance its capabilities in "metal structure components + carbon fiber composite materials" [4] Group 2: Collaboration and Project Development - Guanglian Aviation has established deep collaborations with partners like Gongda Satellite, focusing on joint design optimization to create binding effects [5] - The company has developed a three-step approach for penetrating core supplier systems in national-level projects, emphasizing lightweight composite materials and extreme environment resistance [5] Group 3: Production and Delivery Capabilities - With the C919 entering mass production, Guanglian Aviation aims to synchronize its delivery pace with the main engine manufacturer's capacity ramp-up, enhancing its contribution to value [5] - The company has secured core component supply and assembly production line tasks for the C929 project, positioning itself favorably for domestic replacement [6] Group 4: Risks and Challenges - The realization of large aircraft orders faces systemic risks that may affect the release rhythm of customer orders, impacting the company's delivery plans [6] - The C929 project is still in the research phase, with potential delays in technical iterations and system integration verification, which could postpone the release of bulk orders [6] Group 5: Technological and Operational Synergies - The core of multi-track collaboration lies in technology reuse and flexible capacity allocation, allowing the company to adapt its manufacturing capabilities across various sectors [6] - Guanglian Aviation is investing in digital management systems and automated production equipment to enhance flexible manufacturing and product precision [7]