证券代码：600435 证券简称：北方导航 公告编号：临 2026-005 号 北方导航控制技术股份有限公司 2026年第一次临时股东会决议公告 (一) 股东会召开的时间：2026 年 1 月 14 日 (二) 股东会召开的地点：北京经济技术开发区科创十五街 2 号公司商务会议 室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 的召集、召开及表决方式符合《公司法》等相关法律法规及《公司章程》的有关 规定。 (五) 公司董事和董事会秘书的列席情况 1、公司在任董事9人，列席9人。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 1,447 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 387,800,691 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 25.6421 | (四) 表决方式是否符合《公司 ...

北方导航 2026 年第一次临时股东会法律意见 北京市众天律师事务所 惠承贵司（以下简称"公司"）委托，北京市众天律师事务所（以下简称"众 天"）指派律师出席公司2026年第一次临时股东会（以下简称"本次股东会"）， 对公司本次股东会的召集与召开程序、出席会议人员的资格与召集人的资格、会 议表决程序与表决结果等有关事项出具法律意见。 为出具本法律意见书之目的，公司向众天律师提供了与本次股东会召开事宜 有关的文件、资料。公司承诺其已向众天律师提供了作为出具本法律意见书所必 须的、真实的原始书面材料、副本材料或口头证明，有关副本材料与复印件与原 件一致。 @@ 北京市众天律师事务所 ZHONGTIAN LAW FIRM 地址：北京市海淀区北四环西路 9 号银谷大厦十七层 Add: 17/F，Yingu Mansion，9 West Beisihuan 邮编：100190 Rd.，Beijing 100190，CHINA 电话：（86-10）62800408 Tel:（86-10）62800408 传真：（86-10）62800411 Fax：（86-10）62800411 电子邮箱：zhtian@zhongtia ...

证券之星消息，1月14日地面兵装板块较上一交易日下跌1.13%，北方导航领跌。当日上证指数报收于 4126.09，下跌0.31%。深证成指报收于14248.6，上涨0.56%。地面兵装板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | --- | | 002519 | 银河电子 | 11.46 | 9.98% | | 453.17万 | | 50.21亿 | | 688543 | 国科车工 | 75.47 | 2.74% | | 21.17万 | | 15.98亿 | | 300875 | 捷强装备 | 42.82 | -0.23% | | 5.21万 | | 2.24亿 | | 601606 | 长城军工 | 48.90 | -0.24% | 1 | 32.49万 | | 15.91亿 | | 300922 | 天奏装备 | 24.58 | -0.28% | | 7.37万 | | 1.82亿 | | 000519 | 中兵红箭 | 68'81 | -0.32 ...

（编辑 王雪儿） 证券日报网讯 1月13日，北方导航在互动平台回答投资者提问时表示，近期，部分网站、股吧将公司股 票纳入商业航天板块。公司从未发布过相关公告，且公司在商业航天领域无相关业务，也未取得相关订 单。 ...

(本文来自第一财经) 多只概念股昨日盘后公告，回应不涉及商业航天相关业务，今日开盘走低。北方导航、航天工程、航天 长峰跌停，航天动力跌超8%，星环科技跌超3%。 ...

Market Overview - The ground equipment sector experienced a decline of 4.46% on January 13, with Guoke Military leading the drop [1] - The Shanghai Composite Index closed at 4138.76, down 0.64%, while the Shenzhen Component Index closed at 14169.4, down 1.37% [1] Stock Performance - Notable stock movements included: - Inner Mongolia First Machinery (600967) rose by 4.30% to a closing price of 20.38, with a trading volume of 1.6656 million shares and a turnover of 3.262 billion [1] - Guoke Military (688543) fell by 12.32% to 73.46, with a trading volume of 238,900 shares and a turnover of 1.765 billion [2] - Galaxy Electronics (002519) decreased by 9.15% to 10.42, with a trading volume of 4.8995 million shares and a turnover of 5.350 billion [2] Capital Flow Analysis - The ground equipment sector saw a net outflow of 2.035 billion from institutional investors, while retail investors had a net inflow of 1.778 billion [2] - The capital flow for individual stocks showed: - Inner Mongolia First Machinery had a net inflow of 1.73 billion from institutional investors, but a net outflow of 920.48 million from retail investors [3] - Guoke Military experienced a net outflow of 677.10 million from institutional investors, with a net inflow of 959.03 million from retail investors [3]

记者丨 李益文 编辑丨叶映橙 1月13日早盘，商业航天概念股跳水，航天环宇跌超12%，航天宏图、航天智装跌逾10%，北斗星通、中国卫通、航天电器跌停。 21财经《辟谣财知道》注意到， 市场传言东方电热（300217.SZ）作为液氧甲烷火箭发动机热管理龙头，2026年锁定航天业务订单8亿元。对 此，东方电热在今日互动平台明确表示，公司未生产相关产品。 公开资料显示，东方电热成立于1992年12月，是一家专业从事各类高性能电加热器研发与制造的高新技术企业，主营业务是设计、制造各类民 用、工业用电加热器，以及防爆电加热器产品、电气控制系统及动力锂电池用钢壳材料等， 2011年在深交所上市，被誉为"国内电加热第一 股"。 1月13日，东方电热开盘大涨2%后，持续下跌，截至发稿跌超1%报5.47元/股，总市值80.8亿元。 | 东方电热(300217) < □ = ರ | | --- | | 交易中 01-13 10:42:36 通 融 | | ５.４７ 额 1.72亿 股本14.78亿 市盈™ 42.86 万得 盟口 | | -0.10 - -1.80% 换 2.55% 市值 80.8亿 市净" 1.93 | | 0 ...

Core Viewpoint - The commercial aerospace sector is experiencing significant growth, prompting multiple A-share listed companies to issue risk warning announcements regarding business associations and valuation bubbles [2][4]. Company Summaries - **China Satellite (600118)**: The company's latest rolling P/E ratio and P/B ratio are significantly higher than the average level, indicating a serious deviation from fundamentals. Investors are advised to be cautious of secondary market trading risks [3]. - **Zhongke Xingtou (688568)**: The company acknowledges high market attention on its commercial aerospace business, which currently contributes 13.89% to overall revenue. The stock price surge is not aligned with actual business performance, posing a risk of significant deviation from fundamentals [3]. - **Aerospace Huanyu (688523)**: The stock price has significantly diverged from the market index, showing high volatility and speculative risks. The company may apply for a trading suspension if the stock price continues to rise abnormally [3]. - **Aerospace Development (000547)**: The revenue from its subsidiary involved in commercial low-orbit satellite operations is less than 1% of total revenue, indicating minimal impact on overall performance. The stock price has severely deviated from fundamentals and market indices, suggesting high speculative risks [3]. - **Aerospace Power (600343)**: The company does not engage in commercial aerospace as its main business and has no related assets, with revenue from related activities being less than 2% and currently in a loss state [3]. - **North Navigation (600435)**: The company has been incorrectly associated with the commercial aerospace sector by some websites, but it has no relevant business or orders in this field [3]. Industry Overview - The commercial aerospace sector has become a prominent market focus, with the China Satellite Industry Index rising by 85.12% since the fourth quarter of 2025, significantly outperforming the CSI 300 Index. Key stocks like China Satellite have surged over 215% [5]. - The sector's growth is supported by government policies, technological advancements, and capital influx, with commercial aerospace being recognized as a "new growth engine" in government reports [8][10]. - In 2025, there were 92 rocket launches, an increase from 68 in 2024, indicating a growing operational capacity in the sector [8]. - The total financing in the domestic commercial aerospace industry reached 18.6 billion yuan in 2025, a 32% increase year-on-year, highlighting strong capital support for the sector [9]. Fund Performance - As of January 12, 2026, commercial aerospace-themed funds have a total holding scale exceeding 240 billion yuan, with significant performance from satellite ETFs and commercial aerospace ETFs, which have seen returns of over 75% [11]. - Specific ETFs, such as the Fortune CSI Satellite Industry ETF, have achieved a total return of 35.43%, leading the market in performance [12]. Investment Trends - Active management funds are focusing on three core areas: satellite manufacturing and rocket launches, key components, and downstream application services, indicating a strategic approach to capitalize on the sector's growth [14][15].

Core Viewpoint - The commercial aerospace sector experienced a significant downturn on January 13, following a period of rapid growth, with many stocks in the sector dropping over 10% after multiple companies issued risk warnings [1][2]. Group 1: Market Reaction - As of January 13, at 9:57 AM, stocks in the commercial aerospace sector saw widespread declines, with key companies like Aerospace Zhizhuang (航天智装) and Platinum Special (铂力特) falling over 10% [1]. - Major stocks such as Aerospace Electronics (航天电子) and China Satellite Communications (中国卫通) hit their daily limit down, indicating a sharp market correction [1]. - The WenDe Commercial Aerospace Theme Index recorded a drop of 8.14%, closing at 3628.42, reflecting the overall market sentiment [4]. Group 2: Risk Warnings - On January 12, multiple companies, including Aerospace Hanyu (航天环宇) and Leike Defense (雷科防务), issued risk warnings, suggesting potential stock suspensions if prices continued to rise abnormally [1][2]. - Companies like Ligong Navigation (理工导航) and North Navigation (北方导航) acknowledged the significant risks associated with their stock price surges, indicating that their commercial aerospace contributions were minimal [2]. - Experts have raised concerns about the speculative nature of the sector, emphasizing the need for companies to disclose critical information regarding their commercial aerospace business to mitigate information asymmetry risks [2][3]. Group 3: Sector Performance - Since 2026, the commercial aerospace sector has seen substantial growth, with the WenDe Commercial Aerospace Theme Index reporting a cumulative increase of 33.38% as of January 12 [2]. - Key stocks in the sector, including China Satellite Communications and Aerospace Hanyu, have experienced over 130% growth in the past month, highlighting the volatility and speculative interest in the sector [2]. - Analysts have pointed out that the current market enthusiasm is primarily driven by policy support, with many companies having small market capitalizations that make them susceptible to speculative trading [2][3].

1月13日，东方电热开盘大涨2%后，持续下跌，截至发稿跌超1%报5.47元/股，总市值80.8亿元。 值得注意的是，当前A市场商业航天概念火热，自开年以来，该板块一路攀升，截至1月12日，商业航天主题指数今年累计涨幅已高达33.38%。不过昨日 晚间，多只被市场视为商业航天概念股的上市公司发布紧急提示。 航天工程（603698）(603698.SH)公告称，公司专业从事煤气化技术及关键设备的研发、工程设计、技术服务、设备成套供应及工程总承包，公司产品及 技术主要应用于煤炭洁净高效利用领域，客户主要集中在化工企业，不涉及商业航天及航天相关业务。 1月13日早盘，商业航天概念股跳水，航天环宇跌超12%，航天宏图、航天智装（300455）跌逾10%，北斗星通（002151）、中国卫通（601698）、航天 电器（002025）跌停。 | 名称 | 现价 | 消時 | 涨跌幅 ^ | | --- | --- | --- | --- | | 航天智装 | 34.58 | -5.52 | -13.77% | | 航天环宇 | 78.28 | -12.48 | -13.75% | | 广联航空 | 38.81 | -5.5 ...