On May 14th, Luo Huihua, Chairman of Aerospace Nanhu, stated at the 2024 and first quarter 2025 performance briefing that "the main factors for the company's future business growth include the following aspects: normal ordering and upgrading of old radar products in service; transfer of newly developed products to mass production after finalization; new technology development brings new demand for air defense early warning radar; further expansion of military trade business; and sustained development of low altitude industry, high-end manufacturing and other businesses
Aerospace Nanhu specializes in the research and development, production, sales, and service of air defense early warning radar, and is one of the main research and production units in the field of air defense early warning radar in China. The company's air defense early warning radar products have become the main equipment in China's air defense early warning field, widely used among military customers, and the products have covered multiple military branches.
The company's stock price has continued to rise since May, closing at a historic high of 40.93 yuan per share since its listing on the Science and Technology Innovation Board on May 18, 2023. On May 13, it set a new high of 44.44 yuan per share during trading, and on May 14, it closed at 39.00 yuan per share.
As of the close on May 14th at the beginning of May, the stock price of Aerospace Nanhu surged by 70.08%.
