Zhongheng Design: The company has won some high-end commercial spaceflight manufacturing base design projects, but the design contracts for individual projects are relatively small.

Zhongheng Design announces abnormal fluctuations in stock trading. Recently, the company has noticed that the market is paying close attention to the commercial aerospace sector and the company’s layout in this field. The relevant situation is explained as follows: According to the company’s previously disclosed periodic reports and other announcements, as well as actual operational conditions, the company has won some high-end manufacturing base design projects in the commercial aerospace sector. However, the design contract amounts for individual projects are relatively small, and from January to September 2025, the company’s related projects have cumulatively recognized revenue of about 0.39% of the company’s consolidated revenue for the same period. In 2023, the company invested 5 million yuan in an angel round in rocket manufacturing company Zhihang Technology (Suzhou) Co., Ltd. (hereinafter referred to as “Zhihang Technology”). As of now, the company directly holds a 1.75% equity stake in Zhihang Technology, and its controlling subsidiary Zhongheng Precision Data Technology (Suzhou) Co., Ltd. (with a 51% shareholding) holds a 0.35% stake in Zhihang Technology. Zhihang Technology incurred losses in 2024 and remains in a loss state in the first three quarters of 2025, which has no significant impact on the company’s operating income in the third quarter of 2025.