Group 1 - Jiangshun Technology experienced a decline of 5.02% on February 12, with a stock price of 103.40 yuan per share, a trading volume of 139 million yuan, a turnover rate of 8.83%, and a total market capitalization of 6.204 billion yuan [1] - Jiangshun Technology, established on October 19, 2001, is located in Jiangyin City, Jiangsu Province, and specializes in the research, design, production, and sales of aluminum profile extrusion molds and accessories, supporting equipment, and precision mechanical components [1] - The main business revenue composition includes: aluminum profile extrusion molds and accessories at 41.78%, supporting equipment at 37.87%, precision mechanical components at 15.03%, and other businesses at 5.31% [1] Group 2 - Xingsheng Global Fund has a position in Jiangshun Technology's top circulating shareholders, with the Xinqian Heyuan Two-Year Holding Mixed A Fund (011338) newly entering the top ten circulating shareholders in the third quarter, holding 207,800 shares, accounting for 1.39% of circulating shares [2] - The Xinqian Heyuan Two-Year Holding Mixed A Fund was established on April 27, 2021, with a latest scale of 1.724 billion yuan, and has a year-to-date return of 4.3%, ranking 4929 out of 8882 in its category; over the past year, it has achieved a return of 35.91%, ranking 2958 out of 8127 [2] Group 3 - The fund manager of Xinqian Heyuan Two-Year Holding Mixed A Fund is Wu Zhaohua, who has been in the position for 1 year and 310 days, managing a total fund asset scale of 1.796 billion yuan, with the best fund return during his tenure at 64.85% and the worst at 63.03% [3]

[Table_Page] 深度分析|通用设备 证券研究报告 [Table_Title] 商业航天行业系列六 3D 打印：柔性制造的引擎，重塑火箭价值链 [Table_Summary] 核心观点： | [Table_Grade] 行业评级 | 买入 | | --- | --- | | 前次评级 | 买入 | | 报告日期 | 2026-02-11 | [Table_PicQuote] 相对市场表现 [分析师： Table_Author]代川 SAC 执证号：S0260517080007 SFC CE No. BOS186 021-38003678 daichuan@gf.com.cn 分析师： 孙柏阳 SAC 执证号：S0260520080002 021-38003680 sunboyang@gf.com.cn 分析师： 蒲明琪 SAC 执证号：S0260524080003 SFC CE No. BUP066 021-38003807 pumingqi@gf.com.cn 请注意，孙柏阳并非香港证券及期货事务监察委员会的注 -14% 2% 17% 33% 48% 64% 02/25 04/25 07/25 09 ...

Group 1 - Jiangshun Technology experienced a decline of 5.04% on February 11, with a stock price of 109.20 yuan per share, a trading volume of 1.04 billion yuan, a turnover rate of 6.18%, and a total market capitalization of 6.552 billion yuan [1] - Jiangshun Technology, established on October 19, 2001, is located in Jiangyin City, Jiangsu Province, and specializes in the research, design, production, and sales of aluminum profile extrusion molds and accessories, supporting equipment, and precision mechanical components [1] - The main business revenue composition includes: aluminum profile extrusion molds and accessories at 41.78%, supporting equipment at 37.87%, precision mechanical components at 15.03%, and other businesses at 5.31% [1] Group 2 - Xingsheng Global Fund has a position among the top ten circulating shareholders of Jiangshun Technology, with its fund, Xinqian Heyuan Two-Year Holding Mixed A (011338), entering the top ten in the third quarter, holding 207,800 shares, which accounts for 1.39% of circulating shares [2] - The estimated floating loss for Xinqian Heyuan Two-Year Holding Mixed A today is approximately 1.2053 million yuan [2] - The fund was established on April 27, 2021, with a latest scale of 1.724 billion yuan, and has achieved a year-to-date return of 4.56%, ranking 4751 out of 8884 in its category, and a one-year return of 36.8%, ranking 2781 out of 8127 [2]

Group 1 - Jiangshun Technology's stock increased by 3.54% on February 6, with a trading volume of 381 million yuan [1] - The company had a net financing purchase of 1.51 million yuan on the same day, with a total financing and securities balance of 186 million yuan [1] - The financing balance of Jiangshun Technology accounts for 11.29% of its circulating market value [1] Group 2 - As of September 30, Jiangshun Technology had 6,896 shareholders, a decrease of 5.12% from the previous period [2] - The company reported a revenue of 713 million yuan for the first nine months of 2025, a year-on-year decrease of 13.68%, and a net profit of 65.45 million yuan, down 40.15% year-on-year [2] - Jiangshun Technology has distributed a total of 48 million yuan in dividends since its A-share listing [2]

Core Viewpoint - The A-share market has seen a significant rise in certain commercial aerospace concept stocks, indicating a positive trend in this sector [1]. Group 1: Stock Performance - Zhonghuan Hailu (301040) increased by 13.28%, with a total market value of 3.967 billion and a year-to-date increase of 39.73% [2]. - Changjiang Communication (600345) rose by 10.01%, with a market capitalization of 13.2 billion and a year-to-date increase of 15.41% [2]. - Juliy Suoj (002342) saw a 9.00% increase, with a market value of 19.8 billion and a remarkable year-to-date increase of 123.70% [2]. - Changguang Huaxin (688048) increased by 7.11%, with a market capitalization of 23.8 billion and a year-to-date increase of 7.88% [2]. - Tongguang Cable (300265) rose by 6.99%, with a market value of 8.019 billion and a year-to-date increase of 27.99% [2]. - Jiangshun Technology (001400) increased by 6.22%, with a market capitalization of 6.744 billion and a year-to-date increase of 44.55% [2]. - Xunwei Communication (300136) rose by 5.71%, with a market value of 79.6 billion and a year-to-date increase of 32.68% [2]. - Changlan Technology (002879) increased by 5.39%, with a market capitalization of 4.345 billion and a year-to-date increase of 21.16% [2].

Core Viewpoint - The low-altitude economy sector experienced a decline of 1.27% on February 5, with Jiangshun Technology leading the drop [1] Market Performance - The Shanghai Composite Index closed at 4075.92, down 0.64% [1] - The Shenzhen Component Index closed at 13952.71, down 1.44% [1] Capital Flow - The low-altitude economy sector saw a net outflow of 4.382 billion yuan from main funds, while retail investors contributed a net inflow of 2.992 billion yuan [1] - Speculative funds recorded a net inflow of 1.39 billion yuan into the sector [1]

Group 1 - The company announced the resignation of General Manager Zhang Ligang and Vice General Manager Lei Yijin due to work adjustments, with Zhang continuing as Chairman and Lei remaining in other roles [2][4] - The resignations are effective immediately upon submission to the board and will not affect the company's normal operations [2] - Zhang Ligang holds 22.0275 million shares (36.71%) directly and 2.02725 million shares (3.38%) indirectly through a management partnership, while Lei Yijin holds 10.0125 million shares (16.69%) directly and 582.75 thousand shares (0.97%) indirectly [3] Group 2 - The company appointed Zhang Zhenfeng as the new General Manager and Chen Jinhong as the new Vice General Manager, effective from the board meeting date until the end of the current board term [4][12] - Both Zhang Zhenfeng and Chen Jinhong meet the qualifications for their respective positions and do not have any disqualifying conditions as per relevant laws and regulations [4][8][9] - The board expressed gratitude for the contributions made by the outgoing management during their tenure [4]

Core Viewpoint - Jiangshun Technology announced the resignation of its Chairman and General Manager Zhang Ligang and Vice General Manager Lei Yijin due to work adjustments, with new appointments made for the positions [2] Group 1: Management Changes - Zhang Ligang resigned as General Manager but will continue as Chairman and hold other committee positions [2] - Lei Yijin resigned as Vice General Manager but will retain other roles within the company [2] - The company appointed Zhang Zhenfeng as the new General Manager and Chen Jinhong as the new Vice General Manager, effective from the date of the board's approval [2]

Core Viewpoint - Jiangshun Technology announced the resignation of its Chairman and General Manager Zhang Ligang and Vice General Manager Lei Yijin due to work adjustments [1] Group 1 - Zhang Ligang will continue to serve as the Chairman of the Board and in related committee roles despite resigning as General Manager [1] - Lei Yijin will remain with the company in other capacities after resigning as Vice General Manager [1] - The resignation of both executives is effective immediately upon delivery of their resignation letters to the Board [1]

江苏江顺精密科技集团股份有限公司 证券代码：001400 证券简称：江顺科技 公告编号：2026-003 关于总经理、副总经理辞职暨聘任总经理、副总经理的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、高级管理人员离任情况 江苏江顺精密科技集团股份有限公司（以下简称"公司"）董事会于近日收 到董事长兼总经理张理罡先生、副总经理雷以金先生的辞职报告。因工作调整原 因，张理罡先生辞去总经理职务，仍继续担任公司董事长及董事会专门委员会相 关职务；因工作调整原因，雷以金先生辞去副总经理职务，仍继续在公司担任其 他职务。根据《中华人民共和国公司法》（以下简称"《公司法》"）《江苏江顺精 密科技集团股份有限公司章程》（以下简称"《公司章程》"）等有关规定，张理罡 先生、雷以金先生的辞职申请自送达公司董事会之日起生效，辞职不会对公司工 作的正常开展产生影响。 截至本公告披露日，张理罡先生直接持有公司 2,202.75 万股股票，占公司 总股本的 36.71%，通过公司员工持股平台江阴天峰管理咨询合伙企业（有限合 伙）（以下简称"天峰管理"）间接持有公司 202.7 ...