Summary of the Conference Call for China Star Map Company Company Overview - China Star Map Company is a subsidiary of the Chinese Academy of Sciences Aerospace Institute, primarily engaged in satellite operations, especially in remote sensing applications. The company operates in both special and civilian sectors, with special applications accounting for 70% and civilian applications for 30% of its business [4][6][10]. Strategic Directions - The company has two main strategic directions: 1. Establishing a full commercial space industry chain. 2. Data layout for related applications, leveraging resources from the Aerospace Institute to launch multiple satellite constellations [4][6]. - The company aims to build a global measurement and control network, operational service centers, and a space information cloud platform [4][6]. Financial Performance and Growth Projections - Over the past eight years, China Star Map has maintained high growth, driven by increased national investment in military information technology and enhanced market positioning capabilities [7]. - The profit target for 2024 is set at 7.7 billion yuan, representing a 40% year-on-year increase from the current profit of approximately 5.5 billion yuan. This growth is attributed to core positioning in the special sector, rapid expansion in the civilian market, and performance improvements from mergers and acquisitions [9][10]. Mergers and Acquisitions Strategy - The company employs a "horse racing" mechanism to control and empower high-potential subsidiaries, with plans for gradual public listings of subsidiaries like Xingtong Measurement and Control [8][12]. - The expected market value of Xingtong Measurement and Control is projected to reach 5 billion yuan following its approval by the Beijing Stock Exchange [8]. Investment in Technology and Applications - Significant resources have been allocated to intelligence reconnaissance and open-source intelligence analysis, similar to the U.S. company Palantir, particularly in AI-driven knowledge graph applications and decision support [10][11]. - The company sees substantial growth potential in both defense information technology and civilian markets, indicating a robust long-term development outlook [10][12]. Shareholder Equity Management - To address potential dilution of shareholder equity from subsidiary listings, the company plans to repurchase and cancel shares, aiming to enhance earnings per share [11]. Conclusion - China Star Map Company is positioned for continued high growth through strategic investments in technology, a robust mergers and acquisitions strategy, and a focus on expanding its market presence in both military and civilian sectors. The company's proactive measures to manage shareholder equity further strengthen its investment appeal.

证券代码：688568 证券简称：中科星图 公告编号：2024-060 中科星图股份有限公司 关于召开2024年第三季度业绩说明会的公告 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： 中科星图股份有限公司（以下简称"公司"）已于 2024 年 10 月 29 日在上 海证券交易所网站（www.sse.com.cn）发布了《中科星图股份有限公司 2024 年第 三季度报告》，为便于广大投资者更加全面深入地了解公司经营业绩、财务状况， 公司计划于 2024 年 11 月 18 日（星期一）15:30-16:30 在"价值在线"（www.ir- online.cn）举行 2024 年第三季度业绩说明会，就投资者关心的问题进行交流。 1 会议召开时间：2024 年 11 月 18 日（星期一）15:30-16:30 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络文字互动 会议问题征集：投资者可于 2024 年 11 月 18 日（星期一）15:30 前访问 网址 https://ese ...

证券代码：688568 证券简称：中科星图 公告编号：2024-059 中科星图股份有限公司 关于股票交易异常波动的公告 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： 针对公司股票交易异常波动的情况，经公司自查并发函问询控股股东及实际 控制人，对相关问题进行了必要核实。现就有关情况说明如下： （一）日常经营情况 经公司自查，公司目前生产经营活动正常，内部经营秩序正常。公司所处市 1 场环境、行业政策未发生重大调整。 （二）重大事项情况 一、股票交易异常波动的具体情况 公司股票交易于 2024 年 11 月 4 日、11 月 5 日、11 月 6 日连续三个交易日 内日收盘价格涨幅偏离值累计超过 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。 二、公司关注并核实的相关情况 中科星图股份有限公司（以下简称"公司"）股票交易于 2024 年 11 月 4 日、11 月 5 日、11 月 6 日连续三个交易日内日收盘价格涨幅偏离值累 计 ...

关于《中科星图股份有限公司股票交易异常波动的询证函》 (以下无正文) 中科星图股份有限公司: (本页无正文，为《关于<中科星图股份有限公司股票交易异常波动的询证函> 的回函》之盖章页） 你司发出的《中科星图股份有限公司股票交易异常波动的询证函》已收悉, 经认真自查核实,现将有关问题回复如下: 中国 2 2 一、截至目前,我院不存在涉及你司的应披露而未披露的重大信息; 二、截至目前,我院不存在处于筹划阶段涉及你司的重大事项,包括值坏→常常 于并购重组、股份发行、债务重组、业务重组、资产剥离和资产注入等重大事吸 的回函 三、在本次股票交易异常波动期间,我院不存在买卖你司股票的情形。 特此函复。 ...

中科星图股份有限公司: 函》的回函 关于《中科星图股份有限公司股票交易异常波动的询证 你司发出的《中科星图股份有限公司股票交易异常波动的询证函》已收 悉，经认真自查核实,现将有关问题回复如下: 一、截至目前,我司不存在涉及你司的应披露而未披露的重大信息; 二、截至目前,我司不存在处于筹划阶段涉及你司的重大事项,包括但不 限于并购重组、股份发行、债务重组、业务重组、资产剥离和资产注入等重大 事项; 三、在本次股票交易异常波动期间，我司不存在买卖你司股票的情形。 特此函复。 (以下无正文) (本页无正文,为《关于<中科星图股份有限公司股票交易异常波动的询证函>的 回函》之盖章页） 限责任公司 中科九度(北 1 8 0 0 202024年 11月 6 日 . . . . . ...

[Table_MainInfo] 公司研究/信息服务/软件 证券研究报告 中科星图（688568）公司季报点评 2024 年 11 月 05 日 [Table_InvestInfo] 投资评级 优于大市 维持 | --- | --- | |---------------------------------------------------------------|-------------| | 股票数据 | | | 1 [ 1 Table_StockInfo 月 04 日收盘价（元） ] | 43.24 | | 52 周股价波动（元） | 25.52-61.70 | | 总股本 / 流通 A 股（百万股） | 543/543 | | 总市值 / 流通市值（百万元） | 23493/23493 | | 相关研究 | | | [Table_ReportInfo] 《赛马机制牵引第一增长曲线，第二增长曲线 | | | 提前进入收获阶段》 2024.05.17 | | 市场表现 [Table_QuoteInfo] -30.53% -15.53% -0.53% 14.47% 29.47% 2023/11 2024/ ...

Group 1 - The stock of Zhongke Xingtou reached the daily limit on November 5, with a price of 51.89 yuan and a trading volume of 1.158 billion yuan, reflecting a turnover rate of 4.42% and a fluctuation of 20.33% [1] - Among the stocks on the Sci-Tech Innovation Board, 535 stocks were up, with 15 stocks rising more than 10%. Other stocks that hit the daily limit included Electric Wind Power, Heshin Instruments, and Haooubo, while 36 stocks were down, with significant declines in Huitai Medical, Kangwei Century, and Zhongyan Shares, which fell by 3.61%, 3.34%, and 2.60% respectively [1] - The net inflow of main funds for Zhongke Xingtou on the previous trading day was 55.9878 million yuan, with a net inflow of 17.5096 million yuan over the past five days [1] Group 2 - As of November 4, the margin trading balance for Zhongke Xingtou was 560 million yuan, with a financing balance of 558 million yuan, which increased by 19.6 million yuan, a growth rate of 54.09%. The securities lending balance was 2.7244 million yuan, increasing by 364,900 yuan, a growth rate of 15.46% [1] - Over the past ten days, the total margin trading balance increased by 241 million yuan, a growth rate of 75.66%, with financing balance growth of 75.45% and securities lending balance growth of 131.88% [1] - The company's third-quarter report released on October 29 showed that it achieved a revenue of 2.007 billion yuan in the first three quarters, a year-on-year increase of 43.44%, and a net profit of 146 million yuan, a year-on-year increase of 41.27% [1] Group 3 - In the past month, 12 institutions have given buy ratings for Zhongke Xingtou stock [2] - On November 4, Pacific Securities issued a report giving a buy rating for the company [2] - On November 2, Huashan Securities also issued a report giving a buy rating for the company [2]

Group 1 - The overall increase in the computer industry, to which Zhongke Xingtou belongs, is 2.48% [1] - A total of 328 stocks within the industry have seen price increases, with 6 stocks, including Tongda Hai and Yanhua Intelligent, reaching the daily limit [1] - There are 24 stocks that have experienced price declines, with Hengyin Technology, *ST Zhuolang, and Chengdi Xiangjiang showing the largest drops of 5.31%, 4.90%, and 4.89% respectively [1] Group 2 - As of November 4, the latest margin trading balance for the stock is 560 million yuan, with a financing balance of 558 million yuan [1] - In the past 10 days, the margin trading balance has increased by 240 million yuan, representing a 75.45% growth [1]

2024 年 11 月 04 日 公司点评 买入/维持 中科星图(688568) 目标价: 昨收盘:39.66 业绩高速增长，线上业务未来可期 ◼ 走势比较 (30%) (16%) (2%) 12% 26% 40% 23/11/624/1/1724/3/2924/6/924/8/20 24/10/31 中科星图 沪深300 ◼ 股票数据 总股本/流通(亿股) 5.43/5.43 总市值/流通(亿元) 215.48/215.48 12 个月内最高/最低价 (元) 61.7/25.52 相关研究报告 <<收入持续快速增长，线上业务未来 可期>>--2024-08-29 <<收入快速增长，低空经济技术不断 突破>>--2024-05-09 <<收入快速增长，重心打造第二增长 曲线>>--2023-11-02 证券分析师：曹佩 电话： E-MAIL：caopeisz@tpyzq.com 分析师登记编号：S1190520080001 事件：公司发布 2024 年三季报，收入 20.07 亿元，同比增加 43.44%；归母净利润 1.46 亿元，同比增加 41.27%。 收入持续保持快速增长。公司营收已经连续多年保持快速 ...

Group 1 - Zhongke Xingtou's subsidiary, Zhongke Shuce Guyuan Technology (Anhui) Co., Ltd. has won the bid for the "Information Security Fuzz Testing Tool" project from China First Automobile Group (FAW Group) [1] - The Swift Fuzzer product has made significant strides in the field of information security for new energy vehicles [1] - The Swift Fuzzer product is already widely used in the automotive industry [1]