Core Viewpoint - The founder of Yingstone Innovation, Liu Jingkang, denies rumors regarding poor sales of the Yingling drone and highlights strong initial sales performance of the Antigravity A1 model, which achieved over 30 million yuan in sales within 48 hours of its launch in China [1] Group 1 - The Antigravity A1 model was officially launched on December 4 [1] - The sales figure of over 30 million yuan within 48 hours indicates strong market demand [1] - The Antigravity brand is a collaboration between Yingstone Innovation and third parties [1] Group 2 - The Antigravity A1 will also be available in multiple overseas markets soon [1]

Core Viewpoint - The AIE (Global Intelligent Machinery and Electronic Products Expo) showcases the rapid development and innovation of companies in the Greater Bay Area, highlighting their confidence in leading the global market with new technologies and products [1][4]. Group 1: Product Launches - The Yingling A1, the world's first panoramic drone, was launched at an altitude of 1500 meters, priced from 6499 yuan after national subsidies [1]. - The AIE event featured the global debut of several products, including GAC Aion's i60 smart connected vehicle and Vivo's new generation 5G/6G terminal [1][2]. - The Dolphin 3 water rescue robot from Zhuhai Yunzhou Intelligent Technology was also showcased, attracting interest from international buyers [2]. Group 2: Industry Trends - The AIE aims to facilitate international orders and showcase the rise of technology companies in the Greater Bay Area, driven by market demand and a robust industrial ecosystem [3][4]. - The event attracted over 70,000 international and domestic buyers, emphasizing the importance of the intelligent machinery and electronics industry as a competitive field globally [5]. Group 3: Economic Impact - The Greater Bay Area is becoming a hub for smart manufacturing, producing 40% of the world's smartphones and 70% of consumer drones, with significant contributions from Guangdong's industrial clusters [5][7]. - Guangdong's R&D expenditure reached approximately 510 billion yuan last year, surpassing that of major manufacturing countries like Japan and Germany [7]. Group 4: Future Goals - AIE aims to establish itself as a leading international electronics exhibition, comparable to CES in the USA and IFA in Germany, enhancing China's influence in global industry standards [7].

证券代码：688685 证券简称：迈信林 公告编号：2025-062 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） 股东会召开的时间：2025 年 12 月 4 日 （二） 股东会召开的地点：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 | 95 | | --- | --- | | 普通股股东人数 | 95 | | 2、出席会议的股东所持有的表决权数量 | 54,962,282 | | 普通股股东所持有表决权数量 | 54,962,282 | | 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 | 39.3768 | | 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（%） | 39.3768 | （四） ...

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 2025 年第三次临时股东会的 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 关于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》"）和《中华人 民共和国公司法》（以下简称"《公司法》"）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 2025 年第三次临时股东会（以下简称"本次股东会"），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 券法律业务管理办法》和《律师事务所证券法律业务执业规则》等规定及本法律 意见书出具日以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉 尽责和诚实信用原则，进行了充分的核查验证，保 ...

Investment Activity - From May and June of last year, Qiming Venture Partners has increased its investment efforts, investing nearly $500 million from June of last year to June or July of this year [2] - The firm has already achieved 7 IPOs this year, with the most notable being the successful listing of Ying Shi Innovation [2] Fundraising Efforts - Qiming Venture Partners has simultaneously initiated fundraising for new funds in both USD and RMB, indicating strong interest from limited partners (LPs) in China's innovation [2] - There is a growing interest from investors in other regions towards the Chinese market, contributing to a generally smooth fundraising process [2]

Group 1 - The core announcement is that Yingstone Innovation has scheduled the launch of its Yingling panoramic drone for December 4 at 19:30, with the product available for purchase at 20:00 [2] - The company has already provided pre-order links through platforms such as JD.com, Tmall, and offline specialty stores [2] - Specific details regarding pricing and product specifications have not yet been disclosed, and stakeholders are encouraged to monitor the company's updates for the latest information [2]

格隆汇12月1日丨迈信林(688685.SH)在投资者互动平台表示，公司生产经营活动一切正常，核心业务有 序开展，经营管理团队稳定，公司基本面未发生任何重大不利变化。光子算数主要产品为光直连GPU超 节点系统，基于自研光芯片，面向特定领域的定制化需求，通过光电集成技术适配多家国产GPU芯片， 实现GPU卡间高速直连。据了解光子算数和国内部分GPU芯片生产厂家都有过适配性测试，关于光子算 数的具体合作客户信息，因涉及商业秘密及合作双方保密约定，为保护相关方合法权益，公司暂无法提 供更多细节披露。 ...

Core Viewpoint - Jiangsu Maxinlin Aviation Technology Co., Ltd. is responding to an inquiry from the Shanghai Stock Exchange regarding its joint investment with related parties and plans to increase capital in a controlled enterprise, Photon Computing [9][10]. Group 1: Investment Details - The company plans to invest between 201 million and 311 million yuan in the joint venture, holding a 99.5% stake through the partnership with Bai Bing, who holds 0.5% [9][10]. - The investment is positioned as a financial investment aimed at enhancing operational capital and expanding market share for Photon Computing [10][11]. Group 2: Financial Implications - The funding for this investment will primarily come from the company's own funds and bank loans, which may increase the company's liabilities and financial expenses [7][42]. - The company has set up mechanisms such as performance commitments and buyback clauses to mitigate risks associated with the investment [45]. Group 3: Market and Competitive Landscape - The industry is experiencing intensified competition, particularly in the field of supernodes, which are critical for computing power and technological competitiveness [3][21]. - Photon Computing is positioned to benefit from the growing demand for intelligent computing centers, but faces risks from potential policy changes and market dynamics [2][20]. Group 4: Operational Synergies - The investment is expected to create synergies between the company's existing aviation component business and Photon Computing's operations, enhancing overall competitiveness in the computing market [37][39]. - The company aims to leverage Photon Computing's technology in optical interconnects to improve its own computing service offerings [38][44]. Group 5: Risk Management - The company has outlined various risks associated with the investment, including market competition, product innovation, and talent retention, which could impact Photon Computing's performance [3][4][5]. - A thorough due diligence process is in place to ensure compliance and mitigate potential risks during the investment phase [18][29].

证券代码：688685 证券简称：迈信林 公告编号：2025-061 江苏迈信林航空科技股份有限公司 关于控股股东协议转让公司部分股份的进展公告 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。 江苏迈信林航空科技股份有限公司（以下简称"公司"）控股股东、实际控 制人张友志先生于 2024 年 9 月 25 日与白冰先生、徐迎辉先生签署了《股份转让 协议》，张友志先生将其持有的 7,271,333 股以 23.10 元/股的价格转让给白冰先 生，占公司原总股本的 5.00%；张友志先生将其持有的 7,271,333 股以 23.10 元 /股的价格转让给徐迎辉先生，占公司原总股本的 5.00%。前述协议转让具体情 况详见公司于 2024 年 9 月 28 日在上海证券交易所网站（www.sse.com.cn）披露 的《江苏迈信林航空科技股份有限公司关于控股股东拟协议转让公司部分股份暨 权益变动的提示性公告》（公告编号：2024-047）及 2024 年 11 月 5 日披露的《江 苏迈信林航空科技股份有限公司关于控股股东协议 ...

独立董事关于江苏迈信林航空科技股份有限公司与关联方共同 投资并筹划向关联方控制企业增资事项问询函的核查意见 上海证券交易所： 根据贵所《关于对江苏迈信林航空科技股份有限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的问询函》（上证科创公函【2025】044 号，以下 简称"问询函"）的要求，我们作为江苏迈信林航空科技股份有限公司（以下简称 "迈信林"、"公司"或"上市公司"）的独立董事，对迈信林就问询函相关问题进行 了逐项核查，现发表核查意见如下： 问题一：公告显示，追光时代由公司出资 20,100 万元至 31,100 万元，持 有追光时代 99.50%的份额；白冰出资 100 万元，持有追光时代 0.50%的份额。 追光时代委托普通合伙人白冰作为执行事务合伙人执行合伙事务，公司作为有 限合伙人。白冰为目标公司实际控制人，持有迈信林 4.95%股份，未在迈信林任 职。同时协议约定，若因公司原因导致未能在排他期内完成尽职调查或签订正 式投资协议，意向金 1,000 万元赔偿给目标公司,不予退还。请公司：（1）补 充披露合伙企业出资时间、资金监管、利益分配、退出机制、资金计划用途等 方面的安排，说明公司作 ...