Aerospace Development: The company focuses primarily on aerospace defense information technology. The subsidiary's commercial low Earth orbit satellite operations and data application services have a minimal impact on the company's overall performance.

Aerospace Development Announcement: The company’s stock price closed with a cumulative deviation of more than 20% over three consecutive trading days on January 30, February 2, and February 3, 2026, indicating abnormal stock trading fluctuations. After verification, the company stated that in the first three quarters of 2025, it achieved operating revenue of 1.697 billion yuan, mainly due to ship deliveries; the controlling shareholder has reduced holdings by 549,500 shares during the abnormal fluctuation period, and the remaining 40,790 shares will be sold at an appropriate time. The company focuses on aerospace defense information technology as its main development direction, concentrating on core businesses, and continuously developing blue team systems and equipment, next-generation communication and command equipment, and other businesses. In the first three quarters of 2025, the company achieved operating revenue of 1.697 billion yuan, mainly due to ship deliveries. The subsidiary Aerospace Tianmu (Chongqing) Satellite Technology Co., Ltd., mainly engaged in commercial low-orbit satellite operations and data application services, contributed less than 1% to the company’s total operating revenue in the first three quarters of 2025, having a minimal impact on the company’s overall performance.