华宝国证通用航空产业ETF（159231）基金经理为张放、曹旭辰。 12月23日，中国卫星跌5.2%，截至发稿，报60.16元/股，成交99.18亿元，换手率13.21%，总市值711.39 亿元。 资料显示，中国东方红卫星股份有限公司位于北京市海淀区中关村南大街31号神舟科技大厦12层，成立 日期1997年8月21日，上市日期1997年9月8日，公司主营业务涉及宇航制造和卫星应用。主营业务收入 构成为：宇航制造及卫星应用97.01%，其他1.71%，租赁收入1.28%。 从基金十大重仓股角度 数据显示，华宝基金旗下1只基金重仓中国卫星。华宝国证通用航空产业ETF（159231）三季度持有股 数6.53万股，占基金净值比例为2.36%，位居第十大重仓股。根据测算，今日浮亏损失约21.55万元。 华宝国证通用航空产业ETF（159231）成立日期2025年4月18日，最新规模1.02亿。成立以来收益 21.52%。 截至发稿，张放累计任职时间4年330天，现任基金资产总规模26.6亿元，任职期间最佳基金回报 50.07%， 任职期间最差基金回报-23.7%。 曹旭辰累计任职时间216天，现任基金资产总规模351 ...

据新华社消息，12月23日10时00分，长征十二号甲遥一运载火箭在东风商业航天创新试验区发射升空， 运载火箭二子级进入预定轨道，一子级未能成功回收，飞行试验任务获得基本成功。长征十二号甲是中 国航天科技集团航天八院研制的可重复使用火箭。 前不久，民营商业航天公司蓝箭航天研制的朱雀三号遥一运载火箭首飞，在国内率先进行了火箭一级回 收验证。朱雀三号按程序完成了飞行任务，火箭二级进入预定轨道，但回收试验失败。后续，蓝箭航天 对外披露一子级回收验证的关键技术细节。这次试验通过飞行过程积累的飞行数据，为后续型号迭代改 进打下了坚实基础，同时验证了复合控制策略以及相应制导算法的正确性。 本文来源：上海证券报 据国家国防科技工业局新闻宣传中心，长征十二号甲是一型以实现"一级重复使用"为核心特征的液氧甲 烷运载火箭。火箭全长约70.4米，一、二级直径均为3.8米，整流罩直径为4.2米，起飞重量约437吨。本 次任务虽未实现预定的火箭一级回收目标，但是获取了火箭真实飞行状态下的关键工程数据，为后续发 射、子级可靠回收奠定了重要基础。研制团队将尽快开展本次试验过程的全面复盘与技术归零，全力查 明故障原因，持续优化回收方案，继续推 ...

Group 1 - The A-share market showed mixed performance on December 23, with the Shanghai Composite Index slightly rising, driven by positive catalysts in the commercial aerospace sector [1] - The Aerospace ETF (159227) narrowed its decline to 0.32% by 10:12 AM, with a trading volume reaching 119 million yuan, led by stocks such as China Satellite, Tianhe Defense, Xinjiang Gang, and Steel Research High-Tech [1] - The successful maiden flight of the Long March 12A reusable rocket marks a significant milestone for China's commercial aerospace industry, developed by the Shanghai Academy of Spaceflight Technology [1] Group 2 - Huatai Securities indicates that breakthroughs in reusable rocket technology, particularly in vertical recovery solutions, have substantial potential, which could significantly lower launch costs and enhance satellite manufacturing capacity and network acceleration [1] - The Aerospace ETF (159227) closely tracks the National Aerospace Index, covering leading companies across the entire industry chain, including fighter jets, aircraft engines, rockets, missiles, satellites, and radars, aligning perfectly with the "integrated aerospace" strategic direction [1] - The commercial aerospace concept accounts for 64% of the ETF's weight, with top holdings including Aerospace Development, China Satellite, Aerospace Electronics, AVIC Aircraft, and AVIC High-Tech [1]

国金证券发布研究报告称，在商业航天领域，SpaceX已成全球商业航天风向标，马斯克着手规划太空 算力蓝图。我国在"十五五"规划建议明确将航空航天列为战略性新兴产业集群重点发展方向，近期可复 用火箭密集发射，星网与千帆星座加速组网。无论从海外映射亦或是国内催化来看，商业航天产业趋势 已迎奇点时刻。 12月23日，卫星板块触底反弹再度走强。数据显示，截至10时5分，卫星产业ETF(159218)放量涨 0.27%，盘中冲击十一连阳；权重股中国卫星涨6.15%，再刷历史新高！ 风险提示：基金有风险，投资需谨慎。 ...

Core Insights - The aerospace ETF Tianhong (159241) has seen a significant increase in trading volume and fund inflow, with a turnover of 5.1% and a transaction value of 29.24 million yuan on December 23, 2025 [1] - The ETF has grown by 66.58 million yuan in scale and 31 million shares in the last two weeks, indicating strong investor interest [1] - The ETF tracks the National Aerospace Industry Index, which has a high defense and military weight of 96.2%, making it the highest military content index in the market [1] Product Highlights - The Tianhong aerospace ETF (159241) includes major stocks such as AVIC Chengfei, AVIC Shenyang, AVIC Xifei, and Aero Engine Corporation of China, focusing on core suppliers for fighter jets [1] - The Long March 12A reusable launch vehicle, developed by the China Aerospace Science and Technology Corporation, is set for its maiden flight, marking a significant event in the aerospace sector [2] Industry Trends - The commercial aerospace sector is entering a period of rapid growth, with expectations for a global explosion in commercial space activities over the next two years [2] - The demand for launch services and satellite networking is anticipated to accelerate, supported by successful launches of new rockets like the Zhuque-3 and Long March 12A [2] - The establishment of a commercial aerospace administration and the introduction of specialized development plans are optimizing the policy environment, facilitating the transition of China's commercial aerospace from exploration to growth [2]

另据太空任务追踪网站信息，备受期待的长征十二号甲（CZ-12A）可回收火箭计划于12月23日上午发 射。此次发射标志着国家"国家队"正式加入可回收火箭的实战竞技场。尽管市场对首次试验的预期理 性，但其进展将直接影响我国迈向"低成本、高频次"航天发射时代的进程。 风险提示：基金有风险，投资需谨慎。 近期，我国商业航天迎来密集催化，推动卫星板块成为市场最强主线之一。截至12月22日，卫星产业 ETF(159218)强势收涨1.73%，实现惊人的 "10连阳"，年内价格创下第28次历史新高。其核心权重股中 国卫星表现尤为亮眼，盘中一度触及涨停，股价创下逾10年来新高。 消息面，商业航天领域IPO传来重磅进展。12月23日，证监会网站显示，蓝箭航天IPO辅导状态已变更 为"辅导工作完成"，这意味着蓝箭航天在资本市场的征程迈出重要一步。据悉，蓝箭航天辅导机构为中 金公司，辅导备案日期为今年7月29日。 ...

Group 1 - The 2025 Wenchang International Aerospace Forum was held in Wenchang, Hainan, attracting around 500 guests from the global aerospace sector to discuss the development paths and opportunities for commercial aerospace under the backdrop of the Hainan Free Trade Port's full island closure operation [1][2] - Hainan Province has entered a new phase of high-level institutional opening, which aligns with the construction of a strong aerospace nation, presenting significant opportunities for commercial aerospace [1] - The Wenchang International Aerospace City is being developed with a strategy to build a complete ecosystem covering rockets, satellites, data applications, and "aerospace+" initiatives, with regular launch operations already established [1][2] Group 2 - China's commercial aerospace has entered a new stage of innovative and large-scale development, with the operational launch of the Hainan Free Trade Port expected to enhance launch efficiency, optimize industry layout, and deepen international cooperation [2] - The China Aerospace Science and Technology Corporation is focusing on a comprehensive layout of the "star, rocket, launch site, and application" chain, leveraging Hainan's geographical and policy advantages to expand into space tourism and satellite data sectors [2] - During the forum, the Asia-Pacific Space Hainan International Practice Training Center was inaugurated, and multiple strategic cooperation agreements were signed with various organizations, indicating strong industrial attraction and ecological cohesion [2]

刘小明表示，海南正举全省之力建设文昌国际航天城，以"以场带产"战略构建覆盖火箭、卫星、数据应 用及"航天+"的完整生态。目前，海南商业航天发射场已实现常态化发射，多个标志性项目落地，诚邀 全球航天精英落户海南，共享政策红利，共拓"发射+数据+应用"国际合作新模式，将海南打造为全球 航天互联互通的新标杆。 外交部条约法律司副司长齐大海在发言中说，中国航天的高质量发展不仅服务国家与人民，也赋能全球 可持续进步。构建外空领域人类命运共同体是共同使命，应以本届论坛为契机，深化国际合作，推进和 平利用外空事业。 国家航天局商业航天司副司长张如生表示，中国商业航天已进入创新规模化发展新阶段。海南商业发射 场已取得"九战九捷"、成功率100%的佳绩，形成双工位发射能力。随着海南自贸港全岛封关运作的启 动，其制度型开放优势将进一步助力发射效率提升、产业布局优化与国际合作深化。国家航天局将支持 海南利用自贸港政策，汇聚全球创新资源，将科技优势转化为高质量发展动能。 中新网海南文昌12月22日电 (记者 尹海明)以"探索产业新模式 赋能航天新经济"为主题的2025文昌国际 航空航天论坛22日在海南省文昌市开幕。来自全球航天领域的 ...

Core Viewpoint - The aerospace equipment sector experienced a significant increase of 3.43% on December 22, with China Satellite leading the gains, while the overall market indices also showed positive performance [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3917.36, up by 0.69% [1]. - The Shenzhen Component Index closed at 13332.73, up by 1.47% [1]. Group 2: Individual Stock Performance - China Satellite (600118) closed at 63.46, with a rise of 8.07% and a trading volume of 1.42 million shares, totaling a transaction value of 8.87 billion [1]. - China Telecom (601698) closed at 25.92, increasing by 5.58% with a trading volume of 1.99 million shares, amounting to 5.07 billion [1]. - Newyu Guoke (300722) closed at 33.13, up by 1.41% with a trading volume of 121,700 shares, totaling 413 million [1]. - Other stocks such as Zhongtian Rocket (003009) and StarNet Yuda (002829) showed slight declines of -0.14% and -1.54% respectively [1]. Group 3: Fund Flow Analysis - The aerospace equipment sector saw a net outflow of 1.01 billion from main funds, while retail investors contributed a net inflow of 822 million [1]. - The detailed fund flow for individual stocks indicates that China Telecom had a main fund net inflow of 283 million, while China Satellite experienced a net outflow of 331.31 million from main funds [2]. - The overall trend shows that retail investors are actively participating, with significant inflows into several stocks despite the main fund outflows [2].

（文章来源：证券时报网） 数据宝统计，截至14:50，中国卫星成交额84.47亿元，创上市以来新高。最新股价上涨8.11%，换手率 11.44%。上一交易日该股全天成交额为81.47亿元。 据天眼查APP显示，中国东方红卫星股份有限公司成立于1997年08月21日，注册资本118248.9135万人 民币。（数据宝） ...