资料显示，航天长征化学工程股份有限公司位于北京市北京经济技术开发区经海四路141号，成立日期 2007年6月22日，上市日期2015年1月28日，公司主营业务涉及以航天粉煤加压气化技术为核心,专业从 事煤气化技术及关键设备的研发、工程设计、技术服务、设备成套供应及工程总承包。主营业务收入构 成为：工业气体运营业务49.87%，煤炭清洁高效利用业务46.17%，高端装备制造业务3.91%，其他 0.06%。 截至9月30日，航天工程股东户数2.32万，较上期增加1.38%；人均流通股23135股，较上期减少1.36%。 2025年1月-9月，航天工程实现营业收入29.87亿元，同比增长79.16%；归母净利润1.34亿元，同比增长 5.42%。 分红方面，航天工程A股上市后累计派现5.67亿元。近三年，累计派现1.96亿元。 2月25日，航天工程涨1.14%，成交额7.87亿元。两融数据显示，当日航天工程获融资买入额6664.52万 元，融资偿还8024.04万元，融资净买入-1359.52万元。截至2月25日，航天工程融资融券余额合计4.82 亿元。 融资方面，航天工程当日融资买入6664.52万元。当前融资 ...

来源：新浪基金∞工作室 2月25日，中证1000成长ETF（562520）开盘涨0.48%，报1.466元。中证1000成长ETF（562520）重仓股 方面，航天工程开盘涨0.00%，臻镭科技涨1.00%，铂力特涨0.15%，航天智造跌0.09%，中熔电气涨 0.18%，道通科技跌0.90%，兴齐眼药跌0.74%，广立微涨0.48%，莲花控股跌0.32%，广电计量涨 0.04%。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 中证1000成长ETF（562520）业绩比较基准为中证智选1000成长创新策略指数收益率，管理人为华夏基 金管理有限公司，基金经理为张金志，成立（2022-03-08）以来回报为45.91%，近一个月回报 为-2.79%。 ...

Investment Rating - The report maintains an "Overweight" rating for the defense and military industry, indicating a positive outlook compared to the overall market performance [4][28]. Core Insights - The defense industry is expected to see continuous improvement in fundamentals and orders, driven by the steady advancement of the "14th Five-Year Plan" and increased military spending intentions from the US and Europe due to recent geopolitical events [4]. - The report highlights that the military industry is entering a new cycle of quality improvement and growth, with expectations for enhanced delivery and performance recovery in the first half of 2026 [4]. - Key sectors to focus on include commercial aerospace, the dual-engine industry (gas turbines and commercial engines), and controllable nuclear fusion [4]. - The report emphasizes the importance of domestic demand growth and technological advancements in driving investment opportunities within the military sector [4]. Market Performance - Last week, the Shenwan Defense and Military Index rose by 2.17%, outperforming the Shanghai Composite Index, which increased by 0.41% [5]. - The top five performing stocks in the defense sector included Yingliu Co. (up 24.87%), TeFa Information (up 22.73%), and China Power (up 18.32%) [12]. - Conversely, the bottom five performers included Shenjian Co. (down 15.22%) and Aerospace Engineering (down 10.61%) [13]. Valuation Changes - The current PE-TTM for the Shenwan military sector is 97.40, indicating it is at a historically high level, with a valuation percentile of 75.55% since January 2014 [20]. - The report notes a slight differentiation in valuations among sub-sectors, with aerospace and aviation equipment showing relatively high PE valuations since 2020 [20]. Key Investment Targets - Recommended stocks for domestic demand include AVIC Shenyang Aircraft (中航沈飞), Feilihua (菲利华), and Huazhong CNC (华秦科技) [4]. - For external growth opportunities, stocks such as Ruichuang Micro-Nano (睿创微纳) and Aerospace Electronics (航天电子) are highlighted [4].

证券日报网讯 2月13日，航天工程在互动平台回答投资者提问时表示，公司在定期报告中披露对应期末 时点的股东人数信息。 （文章来源：证券日报） ...

Group 1 - The main stocks with significant capital outflows include Xinyi Technology (-8.52 billion), Zhongji Xuchuang (-7.46 billion), and Shenghong Technology (-7.05 billion) [1] - Other notable stocks with capital outflows are Light Media (-6.74 billion), China Duty Free Group (-5.71 billion), and Zhongwen Online (-5.64 billion) [1] - Guizhou Moutai experienced a capital outflow of -5.61 billion, while Aerospace Electronics saw -5.46 billion [1] Group 2 - The stock performance shows that Xinyi Technology had a decline of -0.31%, and Zhongji Xuchuang decreased by -0.17% [2] - Light Media faced a significant drop of -10.8%, while Zhongwen Online fell by -6.91% [2] - Guizhou Moutai's stock decreased by -1.42%, and Aerospace Electronics dropped by -2.33% [2] Group 3 - Other companies with notable capital outflows include Agricultural Bank (-4.80 billion) and China Satellite (-4.79 billion) [3] - Industrial Fulian had a slight decline of -0.24%, while Xian Dao Intelligent saw a minimal change of -0.05% [3] - The overall trend indicates a significant capital outflow from various sectors, including telecommunications, media, and banking [1][2][3]

Group 1: Stock Performance - The stock price of Aerospace Engineering (603698) significantly increased on February 11, 2026, closing at 40.10 yuan, with a daily increase of 5.67%, and reaching a peak of 41.75 yuan during the day [1][5] - The stock broke through the 20-day moving average (36.80 yuan) and the upper Bollinger Band (41.37 yuan), with the MACD indicator showing a golden cross, indicating increased technical buying [3][7] Group 2: Market and Industry Trends - The commercial aerospace sector was active on the same day, with other stocks like Zai Sheng Technology hitting their daily limit. The market anticipates a busy launch schedule in 2026, including missions for Long March 12 and Zhihang 1 rockets, along with the second Commercial Aerospace Industry Development Conference in March [1][5] - Aerospace Engineering is categorized as a core enterprise in coal gasification technology and is associated with commercial aerospace, military industry, and state-owned enterprise reform concepts, benefiting from positive sentiment in the sector [1][5] Group 3: Financial and Funding Situation - On February 11, 2026, there was a net inflow of 390 million yuan from main funds, accounting for 31% of the trading volume, with a net inflow of 512 million yuan from large orders, indicating active institutional participation [2][6] - Compared to the previous day, where there was a net outflow of funds, the shift in funding attitude is notable [2][6] Group 4: Industry Policy and Developments - Recent breakthroughs in reusable spacecraft and quantum communication in China have led to increased attention on high-end equipment and aerospace technology companies, aligning with national security and "new productive forces" policies [4][8] - Aerospace Engineering's main business in gasification technology and high-end equipment aligns well with these policy directions, despite a 0.16% decline in the specialized equipment industry on the same day [4][9]

Group 1 - Aerospace Electronics (600879) is a core listed platform of the Aerospace Science and Technology Group, focusing on aerospace electronic information systems, inertial navigation, integrated circuits, and electromechanical components. It is a leading supplier for manned lunar landing projects, providing key equipment for the Long March 10 rocket and the Dream Chaser spacecraft, with a leading market share in aerospace electronic support [1][25]. - Aerospace Power (600343) specializes in aerospace liquid propulsion systems and is a key supplier for the Long March 10 rocket's propulsion system. The company is recognized for its high-temperature and high-reliability products, suitable for manned lunar landing conditions, and is expected to see strong growth in orders as the lunar landing program progresses [2][26]. - Aerospace Engineering (603698) relies on resources from the Aerospace Science and Technology Group and is involved in system integration and launch support for manned lunar landing projects. The company is recognized as a leader in aerospace engineering contracting and is expected to expand its system integration business as demand for launch support services increases [3][27]. Group 2 - Aerospace Electromechanical (600151) focuses on special materials and energy systems for spacecraft, serving as a core supplier for the Dream Chaser and lunar probe. The company is recognized for its lightweight and high-strength products, which are essential for manned lunar missions, and is expected to see rapid growth in its aerospace support business [4][28]. - Aerospace Electrical (002025) specializes in high-end relays, connectors, and micro motors, with a market share exceeding 70% in aerospace connectors. The company is viewed as a critical supplier for manned lunar projects, with strong reliability and high technical barriers, and is expected to see increased demand as the lunar landing program advances [5][30]. - Quanxin Co., Ltd. (300447) focuses on aerospace special cables and transmission components, providing high-temperature and interference-resistant cables for lunar landing projects. The company is recognized as a leader in the aerospace cable segment, with stable orders expected to grow as demand for aerospace information technology increases [6][31]. Group 3 - Zhenhua Technology (000733) is a leading military electronics company, providing essential electronic components and power systems for spacecraft. The company is expected to see significant growth in product demand as the lunar landing program progresses, supported by its strong technical capabilities and customer resources [7][32]. - Torch Electronics (603678) specializes in ceramic capacitors and aerospace components, recognized as a core supplier for ceramic capacitors in lunar landing projects. The company is expected to see growing demand for its aerospace-grade capacitors as the lunar landing program advances [8][33]. - Guojijiang Precision (002046) focuses on aerospace special bearings and precision manufacturing equipment, with a market share exceeding 90% in high-reliability aerospace bearings. The company is expected to see strong demand for its special bearings as the lunar landing spacecraft development accelerates [9][34]. Group 4 - China Satellite (600118) is a leading satellite manufacturer under the Aerospace Science and Technology Group, providing satellite development and application services for lunar landing projects. The company is expected to see rapid growth in its satellite manufacturing and application business as demand for space-based systems increases [10][35]. - China Satcom (601698) specializes in satellite communication services, providing critical communication links for lunar landing missions. The company is recognized as a leader in satellite communication operations, with expected growth in service revenue as lunar landing tasks progress [11][36]. - Haige Communication (002465) focuses on satellite navigation and wireless communication, serving as a core supplier for navigation and communication terminals in lunar landing projects. The company is expected to see strong growth in its core business as demand for lunar landing measurement and control systems increases [12][37]. Group 5 - Beidou Xingtong (002151) is a core enterprise in the Beidou navigation industry chain, providing high-precision navigation solutions for rockets and spacecraft. The company is expected to see rapid growth in its aerospace navigation business as demand for high-precision navigation increases with the lunar landing program [13][38]. - Guangwei Composite Materials (300699) is a leading carbon fiber manufacturer, providing lightweight materials for the Long March 10 rocket and Dream Chaser. The company is expected to see growing orders for its composite materials as demand for lightweight solutions in aerospace increases [14][39]. - Guangqi Technology (002625) specializes in metamaterials and aerospace structural components, providing lightweight and radiation-resistant parts for spacecraft. The company is expected to see increasing demand for its metamaterial solutions as the lunar landing program progresses [15][40]. Group 6 - Steel Research High-Nickel (300034) focuses on high-temperature alloys and aerospace special alloys, providing critical materials for rocket engines. The company is expected to see strong demand for its high-temperature alloys as the lunar landing rocket production accelerates [16][41]. - Western Materials (002149) specializes in titanium alloys and rare metal composite materials, providing lightweight components for lunar landing vehicles. The company is expected to see growing demand for its special materials as the lunar landing spacecraft development accelerates [17][42]. - Hailanxin (300065) focuses on marine electronic information and aerospace recovery measurement and control systems, providing critical support for lunar landing return missions. The company is expected to see rapid growth in its measurement and control business as lunar landing return tasks are implemented [18][43]. Group 7 - Jieli Rigging (002342) specializes in special rigging and lifting equipment, providing critical components for the safe recovery of lunar landing rockets. The company is expected to see increasing demand for its special rigging solutions as the technology for reusable rockets becomes more prevalent [19][44]. - China Shipbuilding (600150) is a leading shipbuilding company, focusing on the construction of marine recovery platforms for lunar landing missions. The company is expected to see continued growth in its recovery platform construction business as lunar landing tasks progress [20][45]. - Chaojie Co., Ltd. (301005) specializes in high-strength fasteners and precision structural components, providing critical fasteners for rockets and spacecraft. The company is expected to see growing demand for its fasteners as the lunar landing program moves into mass production [21][46]. - Yingliu Co., Ltd. (603308) focuses on high-temperature alloy castings and aerospace precision components, providing critical parts for rocket engines. The company is expected to see strong demand for its core components as the lunar landing rocket production accelerates [22][47].

Core Viewpoint - The data indicates significant capital inflows into various stocks, highlighting potential investment opportunities in specific sectors such as energy metals, rare metals, and technology [1][2][3] Group 1: Stock Performance and Capital Inflows - The top stock with capital inflow is Greeenmei, attracting 1.312 billion yuan with a price increase of 9.84% [2] - Northern Rare Earth follows closely with 1.305 billion yuan inflow and a 4.94% rise [2] - Zijin Mining received 0.809 billion yuan with a 1.6% increase [2] - Zaiseng Technology saw a capital inflow of 0.763 billion yuan, marking a 10% rise [2] - Wangsu Technology attracted 0.701 billion yuan with a notable increase of 10.22% [2] Group 2: Sector Analysis - The energy metals sector is represented by Greeenmei and Huayou Cobalt, both showing strong capital inflows and positive price movements [2] - The rare metals sector includes Northern Rare Earth and Zhongtung High-tech, both experiencing significant inflows and price increases [2] - The technology sector is highlighted by Wangsu Technology and Zaiseng Technology, both of which have seen substantial capital inflows and notable price gains [2][3]

Core Viewpoint - Fuguang Co., Ltd. highlights the stable and continuous market demand for customized products in aerospace engineering, space exploration, and high-end equipment, driven by rapid industry development [2] Industry Summary - The security monitoring sector is experiencing intensified competition, with an increasing demand for high cost-performance products as high-end application scenarios remain to be further explored [2] - The automotive lens market is expected to grow significantly, supported by the automotive industry's role as a key pillar of China's economic development, along with advancements in technology and policy support [2] - The projection optical machine market is expanding in three main areas: AR glasses, automotive projection, and home smart projection, with core optical engines transitioning from technological exploration to large-scale application [2] - The precision and ultra-precision processing of optical components is driven by the demands of high-end equipment, medical, and photography industries, which require higher performance, accuracy, imaging quality, and user experience, thus boosting the market demand for optical components [2]

Core Insights - The Chang'e 5 lunar soil sample has been approved for research by Southeast University, marking the first time the university has received authentic lunar samples for scientific study [1][3] - The approval signifies a new phase in the university's research on in-situ resource utilization and extraterrestrial construction materials [3] Group 1: Research and Development - A total of 49 applications from 14 research institutions were approved, with a total sample issuance of 22,836.6 mg [1] - The lunar soil sample awarded to Southeast University is 350 mg of CE5C0200YJFM00703H powder [1][3] - The research team, led by Academician Miao Changwen, includes top talents from various disciplines such as civil engineering, materials science, and energy [3] Group 2: Research Objectives and Implications - The core research topic focuses on the macro-accumulation performance control of Chang'e 5 lunar soil particles and the design of key materials for lunar surface construction [3] - The research aims to address challenges posed by the extreme environment of the lunar surface and is expected to provide critical material preparation technologies for lunar base construction [3] - The Chang'e 5 and 6 missions have collectively returned 3,666.3 grams of lunar soil, which is considered invaluable for advancing human exploration of space [3]