证券代码：300627 证券简称：华测导航 公告编号：2025-082 上海华测导航技术股份有限公司 证券代码：300627 证券简称：华测导航 公告编号：2025-082 根据《中华人民共和国公司法》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》相关法律、法规、规范性文件及《上海华测 导航技术股份有限公司章程》（以下简称"《公司章程》"）等有关规定，上海华测 导航技术股份有限公司（以下简称"公司"或"华测导航"）董事会设职工代表 董事一名。 公司于 2025 年 8 月 25 日召开了职工代表大会，经与会职工代表审议，选举 沈礼伟先生担任公司第四届董事会职工代表董事（简历见附件），与公司第四届 董事会非职工代表董事共同组成公司第四届董事会。公司第四届董事会职工代表 董事任期自本次职工代表大会选举通过之日起，至第四届董事会任期届满时止。 沈礼伟先生符合《中华人民共和国公司法》《公司章程》等有关职工代表董 事任职的资格和条件。本次选举完成后，董事会成员中兼任公司高级管理人员以 及由职工代表担任的董事人数总计未超过公司董事总数的二分之一，符合相关法 律法规及《公司章程》的规定。 特此公 ...

Core Viewpoint - The satellite industry ETF (159218) has shown significant growth, with a 28% year-to-date increase and a recent daily surge of 4.63%, indicating strong investor interest and potential in the satellite sector [2][1]. Group 1: ETF Performance - The satellite industry ETF (159218) has recorded a 28% increase in its value since its establishment just over three months ago [2]. - On August 25, the ETF experienced a daily increase of 4.63%, attracting 17 million in capital [1]. - Key constituent stocks such as China Satellite and Changjiang Communication have shown strong performance, with China Satellite hitting the daily limit up [1][3]. Group 2: Industry Developments - The Ministry of Industry and Information Technology is expected to issue satellite internet licenses to major operators, marking a significant step towards commercializing satellite communication services [5]. - The rapid launch of satellites by China Star Network, with five batches in 22 days, signals an acceleration in the development of low-orbit satellite internet [5][6]. - The industry is under pressure to launch approximately 1,300 satellites by September 2029 to secure frequency and orbital resources [6]. Group 3: Future Outlook - The satellite internet sector is viewed as a long-term strategic initiative rather than a quick profit opportunity, with implications for 6G development and space resource competition [7]. - The current focus is on high-throughput satellites serving niche markets, while consumer-level services will require further development of low-orbit satellite constellations [6][8]. - The issuance of licenses is seen as the starting point for a competitive landscape in satellite internet, with the efficiency of future satellite launches being crucial for China's position in this field [8].

华测导航最新一期业绩显示，截至2025中报，公司营业总收入18.33亿元、同比增长23.54%，归属净利 润3.26亿元，同比增长29.94%，扣非净利润2.99亿元，同比增长41.80%，流动比率2.963、速动比率 2.579、资产负债率30.04%。 金融界消息 截至2025年8月25日收盘，华测导航（300627）报收于37.48元，下跌0.19%，换手率 2.09%，成交量13.46万手，成交金额5.03亿元。 资金流向方面，今日主力资金净流出6904.56万元，占比成交额13.74%。其中，超大单净流出3742.13万 元、占成交额7.45%，大单净流出3162.43万元、占成交额6.29%，中单净流出流入1278.02万元、占成交 额2.54%，小单净流入5626.54万元、占成交额11.2%。 通过天眼查大数据分析，上海华测导航技术股份有限公司共对外投资了38家企业，参与招投标项目4880 次，知识产权方面有商标信息130条，专利信息696条，此外企业还拥有行政许可91个。 来源：金融界 天眼查商业履历信息显示，上海华测导航技术股份有限公司，成立于2003年，位于上海市，是一家以从 事专业技术 ...

证券代码：300627 证券简称：华测导航 公告编号：2025-081 上海华测导航技术股份有限公司 2025年第二次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1、本次股东会无否决议案的情形； 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 1、上海华测导航技术股份有限公司（以下简称"公司"）2025 年第二次临时股东会 的通知于 2025 年 8 月 8 日以公告方式发出，本次股东会采取现场投票与网络投票相结 合的方式召开，其中现场会议于 2025 年 8 月 25 日 14:30 在上海市青浦区崧盈路 577 号 华测时空智能产业园 C 座二楼会议室召开。通过深圳证券交易所交易系统进行网络投票 的时间为 2025 年 8 月 25 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易所 互联网投票系统进行网络投票的时间为 2025 年 8 月 25 日 9:15-15:00 期间的任意时间。 本次会议由公司董事会召集，董事长赵延平先生主持。本次会议的召集、 ...

地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 Grandall Building, No.2＆No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 国浩律师（杭州）事务所 关于 上海华测导航技术股份有限公司 2025 年第二次临时股东会之 法律意见书 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 二〇二五年八月 国浩律师（杭州）事务所 法律意见书 国浩律师（杭州）事务所 关 于 上海华测导航技术股份有限公司 2025 年第二次临时股东会之 法律意见书 致：上海华测导航技术股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受上海华测导航技术股份 有限公司（以下简称"公司"）的委托，指派律师出席公司 2025 年第二次临时 股东会（以下简称"本 ...

证券代码：300627 证券简称：华测导航 公告编号：2025-080 上海华测导航技术股份有限公司 关于公司2021年限制性股票激励计划首次授予部分 第三个归属期归属结果暨股份上市的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 重要内容提示： 公司于 2025 年 7 月 7 日召开了第四届董事会第十七次会议和第四届监事会第十 七次会议，审议通过了关于《公司 2021 年限制性股票激励计划首次授予部分第三个 归属期符合归属条件》的议案，近日，公司已办理完成 2021 年限制性股票激励计划 （以下简称"本激励计划"）首次授予部分第三个归属期限制性股票的归属登记工 作，现将有关事项说明如下： 一、2021 年限制性股票激励计划实施情况概要 （一）2021 年限制性股票激励计划简介 公司分别于 2021 年 10 月 11 日与 2021 年 10 月 27 日召开第三届董事会第八次 会议与 2021 年第三次临时股东大会，会议审议通过了关于《公司<2021 年限制性股 票激励计划（草案）>及其摘要》等相关议案，本激励计划的主要内容如下： 1、激励工具：第 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [9]. Core Views - The company is expected to see significant growth in overseas business gross margin due to self-research of core components and an increase in the proportion of high-end products. The precision agriculture products have expanded their application scenarios, and the passenger vehicle business has progressed smoothly with a delivery volume of 300,000 units. The company aims for a net profit of 730 million yuan in 2025, representing a year-on-year increase of 25% [2][6]. Financial Performance - In the first half of 2025, the company reported revenue of 1.833 billion yuan, a year-on-year increase of 23.54%, and a net profit attributable to the parent company of 326 million yuan, up 29.94%. The non-recurring net profit was 299 million yuan, reflecting a 41.80% increase [6]. Business Segmentation - Revenue from the resource and public utilities segment was 702 million yuan, up 3.09% year-on-year; the construction and infrastructure segment generated 659 million yuan, up 23.67% due to increased RTK market share; the geographic information segment saw revenue of 359 million yuan, up 87.61% driven by significant growth in 3D intelligent products; the robotics and autonomous driving segment earned 114 million yuan, up 43.80% due to substantial volume from a specific automotive client [12]. Geographic Performance - Domestic revenue reached 1.232 billion yuan, a year-on-year increase of 18.58%, while overseas revenue was 602 million yuan, up 35.09%, indicating a recovery to over 40% growth for the full year [12]. Growth Drivers - The company is focusing on four main growth areas: overseas expansion, 3D intelligence, precision agriculture, and intelligent driving. The overseas market is expected to provide high margins and rapid growth, with overseas revenue accounting for 29% of total revenue and a gross margin of 77.6%, which is 27 percentage points higher than the domestic market [12]. Profit Forecast - The company aims for a net profit of 730 million yuan in 2025, with projections of 756 million yuan, 995 million yuan, and 1.326 billion yuan for 2026 and 2027, respectively, reflecting year-on-year growth rates of 30%, 32%, and 33% [12].

Investment Rating - The report maintains a "Buy" rating for the company, expecting the stock price to outperform the industry index by more than 15% in the next six months [5][17]. Core Views - The company is experiencing rapid revenue growth in the geographic information sector, driven by a continuously expanding product matrix that supports steady performance improvement [1][2]. - The company has a strong focus on high-precision navigation and positioning technologies, enhancing core algorithm capabilities and expanding application scenarios [2][3]. - The company is committed to high R&D investment, continuously launching new products to enhance market competitiveness [3][4]. Financial Performance Summary - For the first half of 2025, the company achieved revenue of 1.833 billion yuan, a year-on-year increase of 23.54%, and a net profit attributable to the parent company of 326 million yuan, up 29.94% year-on-year [2]. - The company’s revenue is projected to grow from 2.678 billion yuan in 2023 to 6.273 billion yuan by 2027, with a compound annual growth rate (CAGR) of approximately 24.1% [1][10]. - The net profit attributable to the parent company is expected to rise from 449 million yuan in 2023 to 1.202 billion yuan in 2027, reflecting a strong growth trajectory [1][10]. Business Segment Performance - The company’s revenue from the geographic information segment grew by 87.61% year-on-year in the first half of 2025, indicating significant demand in this area [2]. - The construction and infrastructure segment reported a revenue increase of 23.67% year-on-year, while the robotics and autonomous driving segment grew by 43.80% [2]. R&D and Product Development - The company invested 267 million yuan in R&D in the first half of 2025, marking a 10.13% increase year-on-year, which underscores its commitment to technological advancement [3]. - New product launches, such as laser surveying systems and smart agricultural machinery, are expected to enhance operational efficiency and expand the product matrix [3].

Core Viewpoint - The demand for surveying drones in China is projected to reach 103,000 units by 2024, with a market size of 7.039 billion yuan, driven by diverse applications across various sectors such as agriculture, forestry, transportation, and disaster response [1][9]. Overview - Surveying drones utilize unmanned aerial vehicle technology equipped with various sensors to collect high-precision geographic data, supporting fields like terrain mapping, urban planning, land management, and disaster assessment [2][9]. Market Policy - The Chinese government has implemented several policies to support the development of the surveying drone industry, creating a favorable environment for growth [4][6]. Industry Chain - The upstream of the surveying drone industry includes suppliers of materials (steel, aluminum, carbon fiber), sensors (cameras, LiDAR), and components (chips, batteries). The downstream applications cover geographic surveying, engineering monitoring, disaster response, and agricultural monitoring [7][9]. Current Development - The surveying drone market is expanding beyond traditional applications, with significant growth in agriculture (crop monitoring), forestry (resource surveys), transportation (road planning), and emergency response [1][9]. Competitive Landscape - Major players in the Chinese surveying drone market include DJI, Huace Navigation, Zongheng Co., and Dadi Surveying. DJI leads the global drone market, while Huace Navigation specializes in high-precision positioning technology [10][13]. Industry Representative Analysis - DJI has established itself as a leader in the surveying drone sector, leveraging strong R&D capabilities and a comprehensive product ecosystem [13]. Huace Navigation focuses on high-precision navigation and has a diverse application portfolio across various industries [15]. Development Trends - The future of surveying drones will see advancements in artificial intelligence, enabling smarter data collection and processing, autonomous path optimization, and real-time geographic information updates [17].

Group 1 - The core viewpoint of the news is that Huace Navigation (300627) has shown positive financial performance with significant revenue and profit growth in the latest half-year report [1] - As of August 15, 2025, Huace Navigation's stock closed at 36.29 yuan, with a slight increase of 0.33% and a trading volume of 93,400 hands, amounting to a transaction value of 338 million yuan [1] - The company's total operating revenue for the first half of 2025 reached 1.833 billion yuan, representing a year-on-year growth of 23.54%, while the net profit attributable to shareholders was 326 million yuan, up 29.94% year-on-year [1] Group 2 - The company has a current ratio of 2.963 and a quick ratio of 2.579, indicating strong liquidity, with a debt-to-asset ratio of 30.04% [1] - Huace Navigation has made investments in 38 companies and participated in 4,867 bidding projects, showcasing its active engagement in the market [2] - The company holds 130 trademark registrations and 695 patents, along with 94 administrative licenses, reflecting its commitment to innovation and compliance [2]