Investment Rating - The report assigns a "Buy" rating for the company, indicating a positive outlook for its stock performance in the next 12 months [3][10]. Core Insights - The company is expected to achieve an annual revenue of 485-518 million yuan in 2024, representing a year-on-year growth of 65.15%-76.39%. The net profit attributable to the parent company is projected to be 40-60 million yuan, with a significant year-on-year increase of 163.55%-295.40% [3][10]. - The growth in revenue is primarily driven by the introduction of new clients in precision components and the sustained business volume from existing clients. Additionally, the new computing power services and sales have contributed to increased revenue [3][10]. - The company has been focusing on the aerospace components sector for over a decade, developing both military and civilian products. It has established a dual development strategy, with military products as the main focus and civilian products as a supplementary line [5][6]. - The company is accelerating its expansion into computing power services, which is expected to become a second growth curve. Strategic investors have been introduced to support this initiative [6][10]. Summary by Sections Financial Performance - The company forecasts revenues of 487 million yuan in 2024, 2.56 billion yuan in 2025, and 3.47 billion yuan in 2026, with corresponding EPS of 0.41, 1.34, and 2.04 yuan respectively. The current stock price corresponds to P/E ratios of 90.0, 27.5, and 18.0 for the respective years [10][12]. Business Strategy - The company has been dedicated to the aerospace components sector since its establishment in 2010, focusing on the research and manufacturing of aerospace parts. It has developed capabilities in processing various aircraft components, including fuselage, wings, and engines [5][6]. - The introduction of strategic investors aims to enhance the company's computing power business, which is expected to grow rapidly in the coming years [6][10]. Market Outlook - The contracts signed with strategic partners for computing power resources are expected to positively impact the company's performance in 2024-2025, enhancing its profitability and core competitiveness [9][10].

Revenue Projections - The company expects 2024 annual revenue to be between 485 million and 518 million CNY, an increase of 191.33 million to 224.33 million CNY compared to the previous year, representing a year-on-year growth of 65.15% to 76.39%[2]. - The increase in revenue is primarily due to the introduction of new clients in the precision components business and the continuous growth of existing clients' business volume, along with additional revenue from new computing power services[5]. - The previous year's lower comparative base has also contributed to the significant growth in performance[9]. Profit Projections - The projected net profit attributable to the parent company for 2024 is expected to be between 40.18 million and 60.28 million CNY, an increase of 24.93 million to 45.03 million CNY compared to the previous year, indicating a year-on-year growth of 163.55% to 295.40%[2]. - The expected net profit attributable to the parent company after deducting non-recurring gains and losses is projected to be between 24.80 million and 37.20 million CNY, an increase of 14.35 million to 26.75 million CNY compared to the previous year, reflecting a year-on-year growth of 137.26% to 255.89%[2]. Financial Reporting and Caution - The performance forecast is based on preliminary calculations by the company's finance department and has not yet been audited by registered accountants[10]. - Investors are advised to exercise caution as the forecast data is preliminary and the final audited financial data will be disclosed in the 2024 annual report[11]. Government Support and Consolidation - The company has received government subsidies related to specific projects during the reporting period[7]. - The consolidation of Suzhou Ruiying Zhican Technology Co., Ltd. and Suzhou Ruixin Intelligent Technology Co., Ltd. has expanded the scope of the consolidated financial statements[8].

江苏迈信林航空科技股份有限公司 投资者关系活动记录表 证券简称：迈信林 证券代码：688685 编号：2024004 | --- | --- | --- | --- | |-----------------------|-------------------------|-----------------------------------------------------------------------|------------------------------------------------------------------| | 投资者关系 \n活动类别 | □ \n■ | 特定对象调研 □分析师会议 □媒体采访 \n业绩说明会 □新闻发布会 □路演活动 | | | 参与单位名称 | 网络投资者 | | | | 时间 | 2024 年 12 月 4 | 日 10:00-11:00 | | | 地点 | | 上海证券交易所上证路演中心（网址： | http:// | | 上市公司 | 董事长兼总经理：张友志 | | | | 接待人员姓名 | 董事会秘书：薛晖 | | | | 投资者关系 | ...

证券代码：688685 证券简称：迈信林 公告编号：2024-061 江苏迈信林航空科技股份有限公司 股东减持股份计划时间届满暨减持结果公告 本公司董事会、全体董事及相关股东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。 | | 股东名称 | 持股数量（股） | 持股比例 | 一致行动关系形成原因 | | --- | --- | --- | --- | --- | | 第一 | 伊犁苏新投资基金合 | 6,291,090 | 4.3260% | 道丰投资系为满足伊犁苏新对外投 | | 组 | 伙企业（有限合伙） | | | 资时内部跟投制度要求，由伊犁苏 | | | 南京道丰投资管理中 | 101,400 | 0.0697% | 新经营管理人员出资设立的跟投平 | | | 心（普通合伙） | | | 台。 | | | 合计 | 6,392,490 | 4.3957% | — | 重要内容提示： 股东持股的基本情况 减持计划实施前，伊犁苏新投资基金合伙企业（有限合伙）（以下简称"伊 犁苏新"）持有江苏迈信林航空科技股份有限公司（以下简称"迈信林 ...

Key Points Industry/Company Involved - **Company**: Beijing United Photon Arithmetic Technology Co., Ltd. and Suzhou Si Di Chi Group - **Industry**: AI Artificial Intelligence, High-Tech Commercial Center,国产算力 (domestic computing power) Core Views and Arguments - **Strategic Shareholders**: The company has introduced two strategic shareholders, Bai Bin and Xu Yunhui, to drive the continuous and stable development of new business areas. [1] - **Market Expansion**: The company aims to establish a solid foundation for the development of domestic computing power and occupy a position in the comprehensive solution. [2] - **Contract Achievements**: The company has signed contracts worth approximately 3.6 billion yuan for computing power services and another 3.6 billion yuan for new contracts. [3] - **New Business Goals**: The company plans to expand its business in the field of domestic computing power, aiming to become a leader in the industry. [4] - **Traditional Business Integration**: The company aims to integrate its traditional military business with AI and domestic computing power, contributing to the development of military equipment. [5] - **Import Substitution**: The company aims to replace imported products with domestic computing power solutions due to export restrictions on high-tech products. [7] Other Important Content - **Domestic Computing Power Demand**: The company expects the demand for domestic computing power to reach a trillion yuan by 2025. [8]

证券代码：688685 证券简称：迈信林 公告编号：2024-060 江苏迈信林航空科技股份有限公司 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、准确性和完整性依法承担法律责任。 重要内容提示： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 11 月 27 日(星期三) 至 12 月 03 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 maixinlin@maixinlin.com 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。 江苏迈信林航空科技股份有限公司（以下简称"公司"）已于 2024 年 10 月 29 日发布公司 2024 年第三季度报告，为便于广大投资者更全面深入地了解公司 2024 年第三季度的经营成果和财务状况，公司计划于 2024 年 12 月 04 日上午 10:00-11:00 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。 一、 ...

证券时报e公司讯，迈信林(688685)11月24日晚间公告，控股子公司瑞盈智算与北京城建签订销售合 同，瑞盈智算将向北京城建提供基础算力服务，服务内容包括算力资源及算力网络。 合同金额约为2.4亿元。 控股子公司瑞芯智能与北京城建签订销售合同，瑞芯智能将向北京城建提供基础算力服务，服务内容包 括算力资源及算力网络。 合同金额约为1.2亿元。 ...

证券代码：688685 证券简称：迈信林 公告编号：2024-058 股东持股的基本情况 截至本公告披露日，苏州至辉中安创业投资合伙企业（有限合伙）（以下简 称"至辉中安"）持有江苏迈信林航空科技股份有限公司（以下简称"公司"或 "迈信林"）1,907,975 股，占公司总股本的 1.31%。至辉中安持有的股份来源为 公司首发前股份数为 1,467,673 股，通过公司 2023 年年度派送红股获得的股份 数为 440,302 股，上述股东持有的公司首发前股份已于 2022 年 5 月 13 日解除限 售并上市流通。 减持计划的主要内容 江苏迈信林航空科技股份有限公司 股东减持股份计划公告 公司于近日收到至辉中安出具的《关于江苏迈信林航空科技股份有限公司股 份减持计划的告知函》，因自身经营需要，拟减持 1,907,975 股。通过集中竞价 交易方式减持的，在任意连续 60 日内减持公司股份的数量不超过公司股份总数 的 1%；通过大宗交易方式减持的，在任意连续 60 日内减持公司股份的数量不超 过公司股份总数的 2%。减持期间自减持计划公告之日起 15 个交易日后的 3 个月 内。减持期间，若公司发生送股、资本 ...

上海市锦天城律师事务所关于 江苏迈信林航空科技股份有限公司 2024 年第二次临时股东大会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11、12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于江苏迈信林航空科技股份有限公司 2024 年第二次临时股东大会的法律意见书 致：江苏迈信林航空科技股份有限公司 根据《中华人民共和国证券法》（以下简称"《证券法》"）《中华人民共 和国公司法》（以下简称"《公司法》"）和中国证券监督管理委员会（以下简 称"中国证监会"）《上市公司股东大会规则》（以下简称"《股东大会规则》"） 等法律法规和有关规范性文件的要求，上海市锦天城律师事务所（以下简称"本 所"）接受江苏迈信林航空科技股份有限公司（以下简称"迈信林"或"公司"） 的委托，指派本所律师参加迈信林 2024 年第二次临时股东大会（以下简称"本 次股东大会"），并出具本法律意见书。 为出具本法律意见书，本所及经办律师依据《证券法》《律师事务所从事证 券法律 ...

证券代码：688685 证券简称：迈信林 公告编号：2024-057 江苏迈信林航空科技股份有限公司 2024 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。 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：2024 年 11 月 14 日 （二） 股东大会召开的地点：苏州市吴中区太湖街道溪虹路 1009 号 2 楼会议室 （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 | 27 | | --- | --- | | 普通股股东人数 | 27 | | 2、出席会议的股东所持有的表决权数量 | 59,455,805 | | 普通股股东所持有表决权数量 | 59,455,805 | | 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 | 40.8837 | | 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（%） | 40.8837 ...