证券代码：688685 证券简称：迈信林 公告编号：2025-060 江苏迈信林航空科技股份有限公司 关于上海证券交易所对公司与关联方共同投资并筹 划向关联方控制企业增资事项问询函的回复公告 （2）市场竞争加剧的风险 超节点是智算中心集群演进中的关键形态，也是行业科技竞争力在算力基础 层面的具体体现，目前市场竞争有所加剧，未来若光子算数技术发展、产品迭代、 市场开拓等不及预期，可能会致使光子算数竞争地位、市场份额、经营业绩等受 到不利影响。 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、准确性和完整性依法承担法律责任。 （3）产品迭代和技术创新无法满足市场需求的风险 从公开信息中了解到，当前超节点技术路线正处于一个发展创新阶段，呈现 出多技术路线并存的趋势。若光子算数未来未能准确判断行业发展趋势，可能会 导致技术创新进度迟滞，进而影响光子算数的市场竞争力。 重要内容提示： （4）技术人才流失或储备不足的风险 风险提示： 1、行业风险 （1）行业政策变化的风险 智算中心集群建设受到市场需求和产业链协同发展趋势的推动，同时受到生 态和相关行业应用场景进一步拓 ...

迈信林回复称，公司作为沐曦总代，范围主要是浙江地区，包括但不限于国资投建的国家级实验室和其 他政府平台项目集群。 格隆汇11月28日｜有投资者在互动平台向迈信林提问：查阅关于沐曦集成的总代范围，超讯的是中国移 动、中国电信、中国联通、中国能建、中国交通，那么请问贵公司的总代范围具体是指哪些行业或公 司？ ...

格隆汇11月28日丨迈信林(688685.SH)在投资者互动平台表示，公司作为沐曦总代，范围主要是浙江地 区，包括但不限于国资投建的国家级实验室和其他政府平台项目集群。 ...

Group 1 - The Zhejiang University Aerospace College held a donation ceremony and prototype release for the lunar exploration micro-robot project, with YingShi Innovation as a core supporter [1][2] - YingShi Innovation will apply advanced imaging technologies such as extreme environment imaging and real-time stabilization to support space exploration, which will also drive further iterations of imaging technology [1][2] - The project aims to enhance the academic development and research capabilities of Zhejiang University, providing technical support for China's deep space exploration missions [2] Group 2 - YingShi Innovation has invested a total of 1.48 billion yuan in R&D from 2022 to 2024, holding nearly a thousand domestic and international patents, establishing a strong technological barrier in key areas such as panoramic image processing and stabilization algorithms [3] - The company's panoramic cameras have maintained the largest global market share for eight consecutive years, and its innovations have earned recognition, including the 2025 Emmy Award for panoramic image stitching algorithms [3]

Core Points - Zhejiang University launched a lunar exploration micro-robot project with donations from Starry Media and Yingstone Innovation, which will provide camera products and technical support for the project [2] - Yingstone Innovation's co-founder emphasized the application of advanced imaging technologies in extreme environments to aid space exploration, highlighting the potential for technological iteration driven by the harsh demands of aerospace scenarios [2] - Yingstone has a strong background in aerospace-grade imaging technology, validated through multiple extreme environment tests, including the launch of the ONE X camera with China's first reusable rocket in 2019 and the first near-space 8K panoramic shooting [2] Company Insights - Yingstone Innovation is committed to expanding human understanding of the world through imaging technology, aiming to deepen collaboration with Zhejiang University to showcase the value of Chinese imaging technology and aerospace intelligence [2] - The company has demonstrated its technological capabilities through significant projects, including the launch of a panoramic camera aboard a satellite in 2023, marking it as the first panoramic camera to operate in space without protective casing [2]

Core Viewpoint - The aviation equipment sector experienced a decline of 1.92% on November 26, with Morningstar Aviation leading the drop, while the overall market showed mixed results with the Shanghai Composite Index down 0.15% and the Shenzhen Component Index up 1.02% [1][2]. Market Performance - The aviation equipment sector's performance was highlighted by individual stock movements, with notable declines in stocks such as Morningstar Aviation, which fell by 11.35% to a closing price of 17.42 [2]. - The sector's trading volume and turnover were significant, with stocks like Guangqi Technology and Feiliwa showing positive movements, while others like ST Lian Shi and Hangfa Power experienced slight declines [1][2]. Capital Flow - The aviation equipment sector saw a net outflow of 999 million yuan from institutional investors, while retail investors contributed a net inflow of 524 million yuan [2][3]. - Specific stocks like Feiliwa and ST Lian Shi had varying capital flows, with Feiliwa experiencing a net outflow from institutional investors of 35.02 million yuan [3].

江苏迈信林航空科技股份有限公司 2025 年第三次临时股东会会议资料 证券代码：688685 证券简称：迈信林 江苏迈信林航空科技股份有限公司 2025 年第三次临时股东会 会议资料 2025 年 12 月 1 | 2025 | 年第三次临时股东会会议须知 3 | | --- | --- | | 2025 | 年第三次临时股东会会议议程 5 | | 2025 | 年第三次临时股东会会议议案 7 | | | 议案一：《关于与关联方签署意向协议暨关联交易的议案》 7 | 江苏迈信林航空科技股份有限公司 2025 年第三次临时股东会会议资料 2025 年第三次临时股东会会议须知 为维护全体股东的合法权益，保障股东在本次股东会期间依法行使权利，确保 股东会的正常秩序和议事效率，根据《中华人民共和国公司法》《中华人民共和国 证券法》《上市公司股东会规则》《江苏迈信林航空科技股份有限公司章程》以及《江 苏迈信林航空科技股份有限公司股东会议事规则》等有关规定，江苏迈信林航空科 技股份有限公司（以下简称"公司"）特制定本会议须知： 一、 为保证本次大会的严肃性和正常秩序，除出席会议的股东、董事、高级 管理人员、公司聘任律师及 ...

Core Viewpoint - The company, Jiangsu Maxinlin Aerospace Technology Co., Ltd., has shown significant growth in revenue and net profit for the first nine months of 2025, indicating strong operational performance and potential for future investment opportunities [2]. Group 1: Financial Performance - For the period from January to September 2025, the company achieved a revenue of 446 million yuan, representing a year-on-year increase of 48.42% [2]. - The net profit attributable to the parent company reached 56.34 million yuan, reflecting a year-on-year growth of 55.17% [2]. - Cumulative cash dividends since the company's A-share listing amount to 65.01 million yuan [2]. Group 2: Market Activity - On November 21, the company's stock price remained unchanged at 0.00%, with a trading volume of 121 million yuan [1]. - The financing buy-in amount for the company on the same day was 13.69 million yuan, while the financing repayment was 17.20 million yuan, resulting in a net financing outflow of 3.52 million yuan [1]. - As of November 21, the total balance of margin trading for the company was 534 million yuan, with the financing balance accounting for 6.74% of the circulating market value, indicating a relatively high level compared to the past year [1]. Group 3: Shareholder Information - As of September 30, the number of shareholders for the company was 6,974, a decrease of 8.75% from the previous period [2]. - The average number of circulating shares per shareholder increased by 9.59% to 20,852 shares [2]. Group 4: Company Overview - Jiangsu Maxinlin Aerospace Technology Co., Ltd. was established on March 15, 2010, and was listed on May 13, 2021 [1]. - The company's main business involves aerospace components and tooling, as well as precision components for various civilian industries, with product sales accounting for 85.69% of total revenue and service provision for 14.31% [1].

Market Overview - The aviation equipment sector experienced a decline of 1.33% on November 20, with Mai Xinlin leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Stock Performance - Notable gainers included: - Feilihua (300395) with a closing price of 75.50, up 3.20% [1] - Jiachi Technology (688708) at 66.27, up 1.78% [1] - Major decliners included: - Mai Xinlin (688685) at 53.86, down 4.92% [2] - New Star Equipment (002933) at 32.56, down 3.70% [2] Trading Volume and Capital Flow - The aviation equipment sector saw a net outflow of 8.88 billion yuan from institutional investors, while retail investors contributed a net inflow of 7.09 billion yuan [2] - The trading volume for Feilihua was 195,800 shares, with a transaction value of 1.485 billion yuan [1] Individual Stock Capital Flow - Feilihua had a net inflow of 1.49 billion yuan from institutional investors, while retail investors had a net outflow of 6.53 million yuan [3] - Mai Xinlin experienced a significant net outflow of 1.87 billion yuan from institutional investors [2]

Core Points - The company announced a joint investment with related party Mr. Bai Bing to establish Suzhou Zhuiguang Shidai Venture Capital Partnership (Limited Partnership) with a proposed capital contribution of RMB 201 million to 311 million [1] - The company plans to contribute RMB 200 million to 310 million, holding approximately 99.50% of the partnership, while Mr. Bai will contribute RMB 1 million for a 0.50% stake [1] - The partnership intends to increase capital in Photon Arithmetic (Nanjing) Technology Co., Ltd. by RMB 201 million to 311 million, acquiring equity without control [1] - This establishment constitutes a related party transaction but does not qualify as a major asset restructuring under the relevant regulations [1] - The transaction has been approved by the independent directors and requires further approval from the company's shareholders [1]