证券代码：688552 证券简称：航天南湖 公告编号：2025-013 航天南湖电子信息技术股份有限公司（以下简称"公司"、"本公司"）股 票交易连续三个交易日内（2025 年 5 月 6 日、2025 年 5 月 7 日、2025 年 5 月 8 日）收盘价格涨幅偏离值累计达到 30%，根据《上海证券交易所交易规则》《上 海证券交易所科创板股票异常交易实时监控细则》的有关规定，属于股票交易异 常波动情形。 经公司自查并向控股股东及实际控制人核实，截至本公告披露日，不存 在应披露而未披露的重大信息。 公司股价短期波动幅度较大，敬请广大投资者注意二级市场交易风险， 理性决策，审慎投资。 航天南湖电子信息技术股份有限公司 一、股票交易异常波动的具体情况 股票交易异常波动公告 公司股票交易连续三个交易日内（2025 年 5 月 6 日、2025 年 5 月 7 日、2025 年 5 月 8 日）收盘价格涨幅偏离值累计达到 30%，根据《上海证券交易所交易规 则》《上海证券交易所科创板股票异常交易实时监控细则》的有关规定，属于股 票交易异常波动情形。 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 ...

航天南湖发布股票交易异常波动公告，经公司自查并向控股股东及实际控制人核实，不存在应披露而未 披露的重大信息。公司股价短期波动幅度较大，敬请广大投资者注意二级市场交易风险，理性决策，审 慎投资。 ...

航天南湖今日20cm涨停，成交额8.38亿元，换手率35.51%，盘后龙虎榜数据显示，沪股通专用席位买 入2445.92万元并卖出3643.13万元，2家机构专用席位净买入4917.31万元，有3家机构专用席位净卖出 1.44亿元。 ...

航天南湖电子信息技术股份有限公司 2024 年年度股东会会议资料 证券代码：688552 证券简称：航天南湖 航天南湖电子信息技术股份有限公司 2024 年年度股东会 会议资料 二〇二五年五月 第 1 页 共 26 页 航天南湖电子信息技术股份有限公司 2024 年年度股东会会议资料 | 目录 | | --- | | 航天南湖电子信息技术股份有限公司 | 2024 年年度股东会会议须知 3 | | --- | --- | | 航天南湖电子信息技术股份有限公司 | 2024 年年度股东会会议议程 4 | | 议案一：关于《2024 年董事会工作报告》的议案 | 6 | | 议案二：关于《2024 年监事会工作报告》的议案 | 13 | | 议案三：关于《2024 年度财务决算报告》的议案 | 16 | | 议案四：关于《2025 年度财务预算报告》的议案 | 22 | | 议案五：关于 2024 | 年年度报告及其摘要的议案 24 | | 议案六：关于 2024 | 年利润分配预案的议案 25 | | 议案七：关于董事、监事 2024 | 年薪酬的议案 26 | 第 2 页 共 26 页 航天南湖电子信息技术股 ...

证券代码：688552 证券简称：航天南湖 公告编号：2025-012 航天南湖电子信息技术股份有限公司 关于召开 2024 年度暨 2025 年第一季度业绩说明会的 公告 重要内容提示： 会议召开时间：2025 年 5 月 14 日 （星期三） 11:00-12:00 会议召开地点：上海证券交易所上证路演中心（网址：https://roadsho w.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 5 月 7 日 （星期三） 至 5 月 13 日 （星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 board_nh@casic.com.cn 进行提问。公司将在说明会上对投资者普遍关注的问题 进行回答。 航天南湖电子信息技术股份有限公司（以下简称"公司"）已于 2025 年 4 月 22 日发布公司 2024 年年度报告和 2025 年第一季度报告，为便于广大投资者 更全面深入地了解公司 2024 年度及 2025 年第一季度经营成果、财务状况，公司 计划于 2025 年 5 月 14 日 （星期三） 11:00-12:00 举行 2 ...

公司发布2025 年一季报，公司收入3.58 亿元，同比增长1201.58%；归母净利润5660 万元，同比增长 450.48%；扣非净利润5591 万元，同比增长425.41%。 在手订单饱满，业绩拐点已到。2024 年，公司实现营业收入2.18 亿元，同比-69.98%，主要是国内业务 受主要客户采购计划影响，部分既定采购项目合同签署延期，军贸业务受国际运输条件等多种不确定性 因素影响，产品交付进度延期所致；实现归属于上市股东的净利润-7823.4 万元，同比-176.36%，归母 扣除非经常性损益后的净利润-8141.9 万元，同比-205.01%。2025 年第一季度，公司收入3.58 亿元，同 比1201.58%，主要是交付产品较上年同期增加；归母净利润5660 万元，同比450.48%；扣非净利润5591 万元，同比425.41%。根据公司发布的2024 年业绩快报，截至2024 年末公司累计在手订单约14 亿元。 2025 年，关联销售约3.73 亿元，相对2024 年实际发生值同比增长192.39%；关联采购约1.56 亿元，相 对2024 年实际发生值同比增长584.32%。 背靠北京无线电 ...

Investment Rating - The report maintains a "Strong Buy" rating for the company [3] Core Views - The company has reached an inflection point in its performance, with a significant increase in revenue and net profit in Q1 2025 compared to the previous year [6][7] - The company is backed by the Beijing Institute of Radio Measurement, which provides a strong technological advantage in the defense radar sector [6] - The company is actively expanding into foreign trade and low-altitude economy sectors, aiming to establish a second growth curve [6] Financial Performance Summary - In 2024, the company reported total revenue of 218 million, a decrease of 69.98% year-on-year, and a net loss of 78.23 million, down 176.36% year-on-year [6][9] - For Q1 2025, the company achieved revenue of 358 million, a year-on-year increase of 1201.58%, and a net profit of 56.60 million, up 450.48% year-on-year [6][9] - The company expects revenues of 1.23 billion, 1.69 billion, and 2.14 billion for 2025, 2026, and 2027 respectively, with corresponding net profits of 172 million, 217 million, and 257 million [2][9] Order Backlog and Market Position - As of the end of 2024, the company had an order backlog of approximately 1.4 billion [6] - The company is focusing on expanding its military trade business and developing new products for international markets [6] Key Financial Ratios - The company’s asset-liability ratio is projected to increase from 18.4% in 2023 to 68.1% in 2027 [10] - The return on equity (ROE) is expected to improve from -3.0% in 2024 to 8.6% in 2027 [10] - The company’s earnings per share (EPS) is projected to recover from -0.23 in 2024 to 0.76 in 2027 [10]

Core Viewpoint - Aerospace Nanhu (688552.SH) reported mixed results in its 2024 annual report and 2025 Q1 report, with a significant decline in 2024 but a strong recovery in Q1 2025 [1][3]. Group 1: 2024 Annual Report Summary - In 2024, Aerospace Nanhu's total revenue was 218 million yuan, a decrease of 69.98% year-on-year [1]. - The company reported a net loss attributable to shareholders of 78.23 million yuan, a significant decline of 176.36% compared to the previous year [1]. - The company's R&D investment was 96.79 million yuan, accounting for 44.44% of total revenue, indicating a strong commitment to innovation despite financial challenges [2]. Group 2: Q1 2025 Performance Summary - In Q1 2025, Aerospace Nanhu achieved revenue of 358 million yuan, a staggering increase of 1201.6% year-on-year [3]. - The net profit attributable to shareholders was 56.60 million yuan, a turnaround from a loss of 16.15 million yuan in the same period last year, representing a growth of 450.48% [3]. - The company reported a significant improvement in cash flow, with a net cash flow from operating activities of 81.85 million yuan, up 175.4% year-on-year [3]. Group 3: Market Position and Future Outlook - As of the end of 2024, Aerospace Nanhu had an order backlog of 1.4 billion yuan, providing strong support for its operations in 2025 [4]. - The company is focusing on its core business of air defense early warning radar while expanding into low-altitude and high-end manufacturing sectors [5]. - Collaborations with research institutions and universities are enhancing technological innovation and product development, positioning the company favorably in both domestic and international markets [4].

Investment Rating - The report maintains a "Recommended" rating for the company [6][8]. Core Views - The company reported a significant revenue increase of 1201.6% year-on-year in Q1 2025, recovering from a decline in previous quarters, indicating a potential demand turning point [3]. - The 2024 annual performance was in line with market expectations, while Q1 2025 performance exceeded expectations, suggesting improvement in operational conditions [3]. - The company is actively advancing new military trade export projects and transitioning research products into mass production [4][6]. Summary by Sections Financial Performance - In 2024, the company achieved revenue of 220 million yuan, a decrease of 70% year-on-year, with a net profit attributable to shareholders of -80 million yuan [3]. - For Q1 2025, revenue reached 360 million yuan, marking a year-on-year increase of 1201.6%, with a net profit of 60 million yuan [3]. - The gross margin for 2024 decreased by 14.8 percentage points to 18.6%, while Q1 2025 saw a recovery to 27.55% [3]. Product Segmentation - In 2024, revenue from radar and supporting equipment was 90 million yuan, down 84.9% year-on-year, while radar components generated 110 million yuan, up 4.1% year-on-year [4]. - The company is focusing on developing new models and has begun mass production for some products, alongside pursuing new military trade model exports [4]. Cost and Cash Flow - The company's period expenses decreased by 28.9% to 130 million yuan in 2024, but the expense ratio increased due to reduced revenue scale [5]. - As of Q1 2025, accounts receivable increased by 54.5% to 400 million yuan, while inventory decreased by 17.7% to 340 million yuan [5]. Future Outlook - The company is projected to achieve net profits of 105 million yuan, 193 million yuan, and 400 million yuan for 2025, 2026, and 2027 respectively, with corresponding PE ratios of 74x, 40x, and 19x [6][7]. - The company is positioned as a key player in the domestic air defense radar sector and is expanding into international markets [6].

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。 证券代码：688552 证券简称：航天南湖 公告编号：2025-008 航天南湖电子信息技术股份有限公司 关于使用闲置募集资金进行现金管理的公告 航天南湖电子信息技术股份有限公司（以下简称"公司"）于2025年4月19 日召开公司第四届董事会第十五次会议和第四届监事会第十次会议，审议通过了 《关于使用闲置募集资金进行现金管理的议案》，在不影响募集资金投资项目建 设，保证募集资金安全的前提下，公司拟使用不超过9亿元的闲置募集资金进行 现金管理，购买安全性高、流动性好的保本型产品（包括但不限于定期存款、大 额存单、通知存款等），使用期限自董事会审议通过之日起12个月内，在上述额 度和期限内，资金可以循环滚动使用。上述事项无须提交公司股东会审议。具体 情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意航天南湖电子信息技术股份有限公 司首次公开发行股票注册的批复》（证监许可〔2023〕483 号），公司首次公开发 行人民币普通股（A 股）84,312,701 股，每股 ...