数据宝统计，截至14:34，航天晨光成交额31.59亿元，创上市以来新高。最新股价上涨9.97%，换手率 22.13%。上一交易日该股全天成交额为25.25亿元。（数据宝） （文章来源：证券时报网） ...

Core Viewpoint - The A-share market has seen a surge in military stocks, driven by U.S. President Trump's proposal to increase the military budget from approximately $1 trillion to $1.5 trillion by 2027, along with calls for defense companies to boost production and R&D investments while halting stock buybacks and dividends [1]. Group 1: Stock Performance - Shaoyang Hydraulic and Haheng Huaton both hit the 20% limit up, while Dongtu Technology rose by 11% [1]. - A total of 12 companies, including China First Heavy Industries, Tianqi Mould, and Nanjing Panda, experienced a 10% limit up [1]. - The following companies showed significant year-to-date performance: - Shaoyang Hydraulic: 56.91% increase [2] - Haheng Huaton: 35.21% increase [2] - Dongtu Technology: 14.78% increase [2] - China First Heavy Industries: 23.31% increase [2] - Nanjing Panda: 46.40% increase [2] Group 2: Market Capitalization - The market capitalization of notable companies includes: - Shaoyang Hydraulic: 5.403 billion [2] - Haheng Huaton: 11.6 billion [2] - Dongtu Technology: 14.4 billion [2] - China First Heavy Industries: 33.7 billion [2] - Nanjing Panda: 16.3 billion [2] - Other companies with significant market caps include: - Aerospace Electric: 28.7 billion [2] - China Nuclear Engineering: 51 billion [2] - Aerospace Morning Light: 14.7 billion [2] - Aerospace Electronics: 86 billion [2]

每经AI快讯，1月8日，商业航天指数快速拉升涨超2%，成分股中，通宇通讯涨停，航天电子涨超8%， 天箭科技、航天晨光等张超7%。 （文章来源：每日经济新闻） ...

作者 | 段亦潇 如果说2025年是商业航天积蓄势能之年，那么2026年，中国卫星互联网产业已正式鸣枪，进入政策护航、技术突破与商业化放量共振的攻坚突破阶段。 数据不会说谎：截至2025年12月底，我国航天全年发射次数达92次，创历史新高，其中"国家队"的国网星座密集发射了16组低轨卫星，两次创下单月高频 发射纪录；"商业队"的千帆星座不甘示弱，3次"一箭18星"，自2024年商业组网正式启动至今累计部署108颗。 更重要的是，政策的春风正在吹向资本市场。随着"建设航天强国"首次写入"十五五"目标，以及科创板重启未盈利企业上市，商业航天这一"高投入、长 周期"的硬科技赛道，终于迎来了属于它的融资破冰期。对于投资者而言，这不仅是万亿级市场的开启，更是一场关于技术、资源与耐心的长跑。 产业概览 双轨并进，格局初显 卫星互联网是以卫星为接入手段的全球性信息基础设施，产业具有跨学科融合特性，涉及航天工程、通信技术、微电子、人工智能等多个重要领域，下游 应用涵盖航空航天、远洋航海、应急通信、低空经济、数字孪生、车联网等关键场景，市场规模已突破万亿美元级别。 当前，卫星互联网产业显示出以下结构性特征： 国内卫星制造工厂设 ...

Investment Rating - The report rates the defense and military industry as "Overweight," indicating a positive outlook for the sector compared to the overall market performance [26]. Core Insights - The external geopolitical situation has increased attention on the military industry, which is currently undervalued and under-allocated. The industry is expected to gradually improve due to the ongoing "14th Five-Year Plan" and favorable foreign trade expectations, suggesting a new round of market activity [3][4]. - The "14th Five-Year Plan" aims to achieve high-quality modernization of national defense and military forces, indicating that the military industry is entering a new cycle of quality and quantity improvement [3]. - The report anticipates that the military industry's fundamentals will continue to improve in the first half of 2026, with a recovery in orders and performance expected to return to normal [3]. - The report highlights the IPO of Blue Arrow Aerospace, which is expected to raise 7.5 billion yuan, marking a golden development period for commercial aerospace [3]. - The report emphasizes the importance of domestic demand growth and technological advancements in driving investment opportunities within the military sector [3]. Market Review - Last week, the Shenwan Defense and Military Index rose by 3.05%, while the CSI Military Leaders Index increased by 4.29%. In comparison, the Shanghai Composite Index rose by 0.13%, the CSI 300 fell by 0.59%, and the ChiNext Index dropped by 1.25% [4][11]. - The defense and military sector's 3.05% increase ranked second among 31 Shenwan primary industry sectors [4]. - The top five performing stocks in the defense and military sector last week were: - Leike Defense: +33.09% - China Satellite Communications: +26.21% - China Satellite: +18.69% - Aerospace Development: +17.22% - Aerospace Morning Light: +14.87% [11]. - Conversely, the bottom five performing stocks were: - Tianjian Technology: -18.92% - *ST Aowei: -14.11% - Zhongguang Defense: -8.17% - Jianglong Shipbuilding: -7.10% - *ST Zhisheng: -4.50% [12]. Valuation Changes - The current PE-TTM for the Shenwan military sector is 91.39, placing it in the 73.38% valuation percentile since January 2014, and in the 99.41% percentile since January 2019. The aerospace and aviation equipment sectors are noted to be at relatively high valuation levels since 2020 [12][13].

截至2025年12月31日收盘，航空航天ETF天弘(159241)换手20.18%，成交1.26亿元，市场交投活跃。跟踪的国证航天航空行业指 数(CN5082)强势上涨2.74%，盘中点位再创2025年新高！成分股国博电子(688375)上涨12.05%，广联航空(300900)上涨10.62%， 航天电子(600879)上涨10.01%，航天晨光(600501)，中国卫星(600118)等个股跟涨。 值得一提的是，截至2025年度收官，航空航天ETF天弘(159241)跟踪的国证航天航空行业指数全年累计涨幅达32.63%，大幅跑赢 国证军工指数17.74%的涨幅。 【产品亮点】 航空航天ETF天弘(159241)提供了高效把握核心军工空天机遇的工具，其跟踪国证航天指数，军工属性极强，申万一级军工行业 占比97.86%，是全市场军工含量最高的指数！更聚焦的是，其航空航天装备权重占比高达66.8%，远超中证军工和中证国防指 数。 【热点事件】 | 乙 宽星 | | | | --- | --- | --- | | 159977 | 创业板ETF天弘 | 创业板 | | 589860 | 科创综指ETF天弘 | 科 ...

从资金流向上来看，当日专用设备板块主力资金净流出19.77亿元，游资资金净流出1.21亿元，散户资金 净流入20.98亿元。专用设备板块个股资金流向见下表： 证券之星消息，12月31日专用设备板块较上一交易日下跌0.44%，大鹏工业领跌。当日上证指数报收于 3968.84，上涨0.09%。深证成指报收于13525.02，下跌0.58%。专用设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600501 | 航天晨光 | 30.13 | 10.00% | 95.95万 | | 27.91亿 | | 002757 | 南兴股份 | 19.47 | 10.00% | 49.07万 | | 9.14亿 | | 300540 | 蜀道装备 | 20.00 | 8.40% | 15.89万 | | 3.13亿 | | 603698 | 航天工程 | 38.75 | 5.30% | 1 58.12万 | | 22.09亿 | | 603036 | 如通股份 | 21.3 ...

Market Overview - As of December 31, the Shanghai Composite Index closed at 3968.84 points, up by 3.72 points, with a change of 0.09% [1] - The Shenzhen Component Index closed at 13525.02 points, down by 79.04 points, with a change of -0.58% [1] - The ChiNext Index closed at 3203.17 points, down by 39.73 points, with a change of -1.23% [1] Trading Activity - A total of 94 A-shares had a turnover rate exceeding 20% on the same day [1] - Notably, C Xin Guang Yi and Guang Dao Tui had turnover rates exceeding 50%, indicating significant trading activity [1] Top Stocks by Turnover Rate - C Xin Guang Yi (301687) had a closing price of 71.32 yuan, with a turnover rate of 80.68% and a price increase of 225.22% [1] - Guang Dao Tui (920680) closed at 0.86 yuan, with a turnover rate of 60.23% and a price decrease of -21.82% [1] - Other notable stocks include: - Yu Yin Co., Ltd. (002177) with a turnover rate of 56.99% and a price increase of 10.06% [1] - C Qiang Yi (688809) with a turnover rate of 56.70% and a price increase of 13.62% [1] - C Heng Dong Guang (920045) with a turnover rate of 53.79% and a price increase of 878.16% [1]

12月30日，同花顺数据显示，A股机器人概念板块延续强势表现，十余只个股涨停。 截至上午收盘，天铭科技("30cm"涨停)、南京新百（维权）、晋拓股份、华菱线缆、航天晨光、中超控股、新时达、南兴股份、锋龙股份、天奇股 份、五洲新春（维权）、宏英智能、模塑科技（维权）、泰尔股份等14只机器人概念股涨停。其中，锋龙股份达成5连板，天奇股份、泰尔股份4连 板。 另外，硕贝德、唯万密封、恒工精密、步科股份等个股涨幅均超10%。 | | 代码 | 名称 | 涨幅％ v | 现价 | 主力净量 | 主力净流入 | 涨跌 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 920270 | 天铭科技 | +30.00% | 19.76 | 4.27 | 6637.27 万 | 4.56 | | 2 | 300322 | 硕贝德 | +14.24% | 28.16 | 4.37 | 5.38 亿 | 3.51 | | 3 | 688160 | 步科股份 | +14.10% | 138.81 | -0.14 | -1536.48万 | 17.15 | | 4 | ...

数据宝统计，截至14:02，航天晨光成交额21.54亿元，创2024年8月7日以来新高。最新股价上涨 4.37%，换手率18.34%。上一交易日该股全天成交额为8.93亿元。（数据宝） （文章来源：证券时报网） ...