证券代码：688143 证券简称：长盈通 公告编号：2025-080 武汉长盈通光电技术股份有限公司 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 武汉长盈通光电技术股份有限公司（以下简称"公司"）通过发行股份及支付现金方式，向武汉创联智光 科技有限公司、李龙勤、宁波铖丰皓企业管理有限公司等3名交易对方收购武汉生一升光电科技有限公 司100%股权（以下简称"本次交易"）。 广发证券股份有限公司(以下简称"广发证券")为公司本次交易的独立财务顾问。广发证券原委派李善军 先生、郁超先生、李东岳先生担任本次交易的独立财务顾问主办人。近日，公司收到广发证券出具的 《关于更换公司发行股份及支付现金购买资产项目持续督导财务顾问主办人的通知》，广发证券原独立 财务顾问主办人李善军先生、郁超先生因工作变动，不再担任本次交易的独立财务顾问主办人，由田民 先生（简历见附件）接任后续的工作，其余人员继续履行相关职责。上述变更后，本次交易的独立财务 顾问主办人为李东岳先生、田民先生。 特此公告。 关于更换独立财务顾问主办人的公告 2025年11月 ...

证券代码：688143 证券简称：长盈通 公告编号：2025-080 武汉长盈通光电技术股份有限公司 关于更换独立财务顾问主办人的公告 2025 年 11 月 26 日 附件：田民先生简历 田民，保荐代表人，武汉大学硕士，曾参与或主持武钢股份分离债、光迅科 技 IPO、金发科技公司债、南洋股份公司债、通化金马非公开发行、鸿利光电非 公开发行、龙蟒佰利非公开发行、欧比特非公开发行等项目的申报、发行及持续 督导工作。 广发证券股份有限公司(以下简称"广发证券")为公司本次交易的独立财务 顾问。广发证券原委派李善军先生、郁超先生、李东岳先生担任本次交易的独立 财务顾问主办人。近日，公司收到广发证券出具的《关于更换公司发行股份及支 付现金购买资产项目持续督导财务顾问主办人的通知》，广发证券原独立财务顾 问主办人李善军先生、郁超先生因工作变动，不再担任本次交易的独立财务顾问 主办人，由田民先生（简历见附件）接任后续的工作，其余人员继续履行相关职 责。上述变更后，本次交易的独立财务顾问主办人为李东岳先生、田民先生。 特此公告。 武汉长盈通光电技术股份有限公司董事会 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误 ...

Investment Rating - The report maintains a "Positive" investment rating for the defense and military industry [5] Core Viewpoints - The uncertainty in the Asia-Pacific situation is increasing, which may accelerate the equipment construction in China, focusing on new combat capabilities [2][12] - China's high-end aviation equipment showcased at the Dubai Airshow is expected to further expand the military trade market [12][15] - The Fujian aircraft carrier has conducted its first live training at sea, indicating a significant advancement in operational capabilities and technology [12][18] - The report emphasizes the importance of domestic demand for new combat capabilities and military trade as key growth areas [19] Summary by Sections Investment Suggestions and Targets - The report highlights various investment targets across different segments, including: - Engine and fuel chain: Companies like Xi'an Aero Engine (600893), Western Superconducting (688122), and others [19][20] - New quality and domains: Companies such as Aerospace Electronics (600879), Haige Communication (002465), and others [19][20] - Military electronics: Companies like Aerospace Electric (002025), Zhonghang Optical (002179), and others [19][20] - Military trade and main equipment: Companies such as AVIC Shenyang Aircraft (600760), AVIC Chengfei (302132), and others [19][20] Industry News and Market Performance - The report notes that the defense and military industry index has outperformed the broader market, with a decline of only -1.72% compared to the Shanghai Composite Index's -3.90% [22][25] - The report provides a detailed analysis of weekly market performance, indicating that the defense and military sector remains resilient amid broader market declines [22][25] Key Events and Developments - The report outlines significant recent events, including: - The U.S. government approved a new round of arms sales to Japan, which may heighten regional tensions and prompt China to expedite its military equipment development [12][9] - The successful live training of the Fujian aircraft carrier, showcasing advanced operational capabilities [12][18] - The participation of Chinese high-end military equipment in international exhibitions, enhancing China's presence in the global military trade market [12][15]

Group 1 - The core viewpoint of the news is the performance and market position of Changying Tong, a company specializing in optical fiber gyroscope technology, which has seen a decline in stock price and trading volume [1] - Changying Tong's stock price dropped by 5.23% to 34.80 CNY per share, with a total market capitalization of 4.482 billion CNY [1] - The company was established on May 18, 2010, and went public on December 12, 2022, focusing on the research, production, and sales of optical fiber ring devices and related solutions [1] Group 2 - The main revenue composition of Changying Tong includes optical fiber ring devices (57.61%), special optical fibers (19.36%), other supplementary products (11.68%), new materials (7.18%), and optical device equipment (4.17%) [1] - According to fund data, Yongying Fund has a significant holding in Changying Tong, with its fund "Yongying Qiyuan Mixed Initiation A" increasing its stake by 46.36 thousand shares in the third quarter [2] - The fund's current holding in Changying Tong represents 4.06% of its net asset value, ranking it as the ninth largest holding [2]

Core Viewpoint - Changyingtong announced the election of Mr. Jiang Bin as the employee representative director of the company's second board of directors during the employee representative assembly scheduled for November 20, 2025 [1] Group 1 - The employee representative assembly will take place on November 20, 2025 [1] - Mr. Jiang Bin has been elected as the employee representative director [1]

证券代码：688143 证券简称：长盈通 公告编号：2025-079 江斌先生符合相关法律、法规及规范性文件对职工代表董事任职资格的要求。 江斌先生担任职工代表董事后，公司第二届董事会中兼任公司高级管理人员以及 由职工代表担任的董事人数总计未超过公司董事总数的二分之一，符合相关法律 法规的要求。 武汉长盈通光电技术股份有限公司 关于选举第二届董事会职工代表董事的公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 武汉长盈通光电技术股份有限公司（以下简称"公司"）于 2025 年 11 月 20 日召开 2025 年第二次临时股东大会，审议通过了《关于审议公司变更注册资本、 取消监事会、修订及制定部分公司治理制度并办理工商变更登记的议案》。 根据修订后的公司章程规定，董事会成员中应当有一名公司职工代表董事， 董事会中的职工代表董事由公司职工通过职工代表大会选举产生后，直接进入董 事会。公司于 2025 年 11 月 20 日召开职工代表大会，选举江斌先生为公司第二 届董事会职工代表董事，任期自职工代表大会通过之日起至第二届董 ...

法律意见书 北京盈科（武汉）律师事务所 关于武汉长盈通光电技术股份有限公司 2025年第二次临时股东大会的 法律意见书 武汉市武昌区徐东大街 66 号阿里中心 T2 写字楼 9 楼 二〇二五年十一月 法律意见书 北京盈科（武汉）律师事务所 关于武汉长盈通光电技术股份有限公司 2025年第二次临时股东大会的法律意见书 法律意见书 致：武汉长盈通光电技术股份有限公司 北京盈科（武汉）律师事务所（以下简称"本所"）是具有中华人民共和国 法律执业资格的律师事务所。本所接受武汉长盈通光电技术股份有限公司（以下 简称"公司"）的委托，就公司召开 2025 年第二次临时股东大会（以下简称"本 次股东大会"）的有关事宜，根据《中华人民共和国公司法》（以下简称"《公 司法》"）《中华人民共和国证券法》（以下简称"《证券法》"）《上市公司 股东会规则》（以下简称"《股东会规则》"）等法律、法规、规章及其他规范 性文件（以下简称"中国法律法规"，仅为本法律意见书之目的，不包括香港特 别行政区、澳门特别行政区及台湾地区的法律、法规）以及《武汉长盈通光电技 术股份有限公司章程》（以下简称"《公司章程》"）的有关规定，出具本法律 意见书 ...

证券代码：688143 证券简称：长盈通 公告编号：2025-078 武汉长盈通光电技术股份有限公司 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东大会召开的时间：2025 年 11 月 20 日 （二） 股东大会召开的地点：湖北省武汉市东湖新技术开发区高新五路 80 号武 汉长盈通光电技术股份有限公司会议室 2025年第二次临时股东大会决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 59 | | --- | --- | | 普通股股东人数 | 59 | | 2、出席会议的股东所持有的表决权数量 | 39,670,448 | | 普通股股东所持有表决权数量 | 39,670,448 | | 3、出席会议的股东所持有表决权数量占公司表决权数量的比 | 31.3426 | | 例（%） | | | 普通股股东所持有表决权数量占公司表决权数量的比例 ...

Core Insights - Changying Tong's stock price increased by 2.01% on November 18, reaching 36.56 CNY per share, with a total market capitalization of 4.708 billion CNY [1] Financial Performance - For the period from January to September 2025, Changying Tong achieved a revenue of 269 million CNY, representing a year-on-year growth of 46.77%, and a net profit attributable to shareholders of 30.786 million CNY, which is a significant increase of 933.24% [2] Shareholder Information - As of September 30, 2025, the number of shareholders increased by 76.27% to 7,987, while the average circulating shares per person decreased by 43.27% to 11,834 shares [2] Business Overview - Changying Tong, established on May 18, 2010, specializes in the research, production, and sales of fiber optic gyroscope core components and solutions, focusing on military inertial navigation applications [2] - The company's revenue composition includes fiber optic ring devices (57.61%), special optical fibers (19.36%), and other segments [2] Institutional Holdings - As of September 30, 2025, the largest circulating shareholder is Huaxia Military Industry Safety Mixed A, holding 5.7146 million shares, an increase of 61,400 shares from the previous period [3]

Investment Rating - The report maintains a "Positive" outlook on the defense and military industry, indicating a turning point in profitability and growth potential [6][4]. Core Insights - The military industry is expected to enter a new growth cycle driven by the initiation of the "14th Five-Year Plan" equipment construction, military trade, and commercial aerospace advancements [2][3]. - The overall revenue for the military sector increased by 3.07% year-on-year in the first three quarters of 2025, while net profit attributable to shareholders decreased by 9.89%, showing a narrowing decline compared to the previous year [6][11]. - Key segments such as components, sub-systems, and assembly levels have shown signs of recovery, with revenue growth turning positive for the first time since 2021 [18][25]. Summary by Sections 1. Performance Analysis - In Q3 2025, revenue growth rates for components, sub-systems, and assembly levels were 8.30%, 3.37%, and 1.16% respectively, marking a positive shift from negative growth in 2024 [18][19]. - The net profit for the components level increased by 6.94% year-on-year, while sub-systems and assembly levels saw declines of 28.98% and 19.48% respectively [18][23]. 2. Cash Flow Improvement - The cash flow from operations for sub-systems and assembly levels improved, while components faced temporary pressure [40][42]. - The sales collection ratio for assembly levels rose significantly by 23.23 percentage points to 92.50% in Q3 2025, indicating better cash flow management [40][41]. 3. Prepayments and Inventory - Prepayments (including contract liabilities) across all levels showed an upward trend, with assembly levels increasing by 21.85% to 63.345 billion yuan [48][49]. - Inventory levels for components, sub-systems, and assembly increased by 12.57%, 8.81%, and 19.82% respectively, suggesting a positive outlook for future performance [53][54]. 4. Segment Performance - The weaponry segment led revenue growth with a remarkable 27.52% increase, while the aerospace segment grew by 6.17% and the information technology segment by 5.37% [35][36]. - The information technology segment achieved a net profit growth rate of 136.38%, indicating strong performance and future growth potential [36][39].