目标估值达1.75万亿美元。 作者 | 小鑫 编辑 | 小白 3月25日消息，据The Information, SpaceX计划于本周 晚些时候或下周提交IPO招股书,拟通过IPO筹资超过750 亿美元。SpaceX目标估值达1.75万亿美元,若实现将将 成为美国第六大市值公司。纽约证券交易所亦在竞争该 金上市,但SpaceX尚未向任一交易所作出最终决定。 以上内容为 市值风云APP 原创 未获授权 转载必究 二、间接供应链配套企业 直接核心供应商 1. 信维通信 8. 赛伍技术 6. 通宇通讯 2. 西部材料 7.超捷股份 11. 中亚股份 9. 应流股份 3. 派克新材 10. 旭升集团 4. 天银机电 =、间接供应链配套企业 1. 晋拓股份 4. 航天电器 7. 电科蓝天 5. 斯瑞新材 2. 电连技术 3. 东方日升 三、股权与产业协同受益标的 1. 利欧股份 5.鹏鼎控股 2.蓝思科技 6. 震有科技 3. 领益智造 7. 振芯科技 4. 生益科技 8. 交控科技 数据来源:上市公司财报、互联网公开信息 该内容仅供参考,不构成任何投资建议 免责声明： 本报告（文章）是基于上市公司的公众公司属性、以 ...

证券代码：688102 证券简称：斯瑞新材 公告编号：2026-012 陕西斯瑞新材料股份有限公司 二、本次限制行权期为 2026 年 3 月 29 日至 2026 年 4 月 27 日，在此期间全部激 励对象将限制行权。 三、公司将按照有关规定及时向中国证券登记结算有限责任公司上海分公司申请 办理限制行权相关事宜。 特此公告。 陕西斯瑞新材料股份有限公司董事会 2026 年 3 月 21 日 提示性公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 根据《上市公司股权激励管理办法》《陕西斯瑞新材料股份有限公司 2023 年股票 期权激励计划（草案）》及中国证券登记结算有限责任公司上海分公司关于股票期权 自主行权的相关规定，结合陕西斯瑞新材料股份有限公司（以下简称"公司"） 2025 年年度报告的发布计划，现对 2023 年股票期权激励计划限制行权时间公告如下： 一、公司处于行权期的股票期权激励计划情况如下： | 计划名称 | 行权期 | 行权代码 | | | 行权起止日期 | | | | --- | --- | --- ...

证券代码：688102 证券简称：斯瑞新材 公告编号：2026-011 陕西斯瑞新材料股份有限公司 关于 2023 年股票期权激励计划首次授予股票期权第 一个行权期自主行权结果暨股份变动的公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 本次行权数量： 陕西斯瑞新材料股份有限公司（以下简称"公司"）2023 年股票期权激励 计划（以下简称"本激励计划"）首次授予股票期权第一个行权期可行权数量 为 7,040,800 份，实际可行权期为 2025 年 5 月 21 日-2026 年 4 月 23 日（行权 日须为交易日）。截至 2026 年 3 月 17 日，累计行权并完成股份过户登记数量 7,040,800 股，占本期可行权额度 7,040,800 股的 100%。 公司 2023 年股票期权激励计划首次授予股票期权第一个行权期可行权股票 期权已行权完毕。 本次行权股票上市流通时间： 公司本次行权采用自主行权模式，激励对象行权所得股票于行权日（T 日） 后的第一个交易日（T+1 日）到达股票账户，并于第二 ...

Investment Rating - The report suggests focusing on investment targets with large market space, high barriers, and high performance elasticity, particularly in sectors expected to experience high growth such as new aviation equipment, missiles, unmanned equipment, military trade, domestic large aircraft, gas turbines, and commercial aerospace [5][30]. Core Insights - The report highlights that the military industry is driven by three macro factors: national defense policy, geopolitical environment, and domestic military expenditure, indicating an upward trend for the industry [2][31]. - It emphasizes the structural characteristics of traditional equipment showing steady growth while new combat power equipment is expected to see high growth, with military trade and civil-military integration opening up growth ceilings for military enterprises [2][30]. - The analysis of the military industry from 2020 to 2025 indicates that significant price inflation in certain segments, driven by equipment upgrades and increased usage, has led to substantial profit elasticity [1][23]. Summary by Sections Review of Military Industry Trends - The report reviews the military industry from 2020 to 2025, noting that the growth was primarily driven by national defense policies and the release of new equipment, leading to a "Davis double-click" market dynamic [14][16]. - It also discusses the impact of geopolitical events, such as the Russia-Ukraine war, on military stock performance, particularly in the U.S. market, where military stocks have seen significant valuation increases despite not achieving rapid growth in fundamentals [25][26]. Key Sectors to Watch - The report identifies key sectors to focus on, including: - **Aviation New Equipment**: Emphasizing the importance of new models and increased usage [8]. - **Missiles**: Highlighting the potential for high elastic growth due to low baselines and strong consumption attributes [8]. - **Unmanned Equipment**: Noting the maturation of China's unmanned equipment industry and its expected high growth during the 14th Five-Year Plan [8]. - **Military Trade**: Recognizing military trade as a significant growth driver for established military enterprises [8]. - **Domestic Large Aircraft**: Indicating that the large aircraft industry is entering a period of accelerated development [8]. - **Gas Turbines**: Focusing on the high demand driven by data center electricity needs [9]. - **Commercial Aerospace**: Identifying it as a super track with significant growth potential [9]. Investment Recommendations - The report recommends identifying investment targets that are positioned in high-growth sectors with large market potential and high barriers to entry, ensuring that these companies can benefit from the overall industry growth [5][30]. - It suggests focusing on companies with strong market positions and high performance elasticity, particularly those involved in high-demand segments such as military AI, unmanned systems, and commercial aerospace [5][30].

Investment Rating - The mechanical equipment industry is rated as "Outperform" compared to the market [1] Core Insights - The semiconductor equipment and components sector is expected to see accelerated domestic substitution due to rising prices of key materials and supply chain security demands [2] - The laser equipment sub-sector showed the best performance with a weekly increase of 7.89% [2] - The report highlights the potential for price increases in the tool industry driven by rising raw material costs and recovering demand [2] Summary by Sections Industry Performance - The Shanghai Composite Index decreased by 1.07% this week, while the mechanical equipment sector fell by 2.81%, ranking 19th out of 31 sectors [5][6] - The PE-TTM for the mechanical equipment sector is at 43.7x, within the 92nd percentile over the past three months [11] Sub-sector Analysis - The top-performing sub-sector was laser equipment (+7.89%), while the worst performers included instruments and meters (-7.18%) and robotics (-6.72%) [8][2] - The PE-TTM for sub-sectors shows significant variation, with other automation at 201.3x and robotics at 193.8x, while rail transportation III is at 18.8x [11] Key Companies and Recommendations - Recommended companies in the semiconductor equipment sector include North Huachuang (002371), Zhongwei Company (688012), and Shengmei Shanghai (688082) [2] - In the controllable nuclear fusion sector, recommended companies include Wanyi Technology (688600) [2] - For commercial aerospace, suggested companies are Western Materials (002149) and Yingliu Co., Ltd. (603308) [2] Market Trends - The report indicates a strong growth trajectory for the semiconductor equipment market, driven by domestic supply chain enhancements and increasing demand for high-purity materials [2] - The commercial aerospace sector is expected to experience a significant increase in launch frequency and market size, with projections indicating a market growth from 10.26 billion yuan in 2025 to 47.39 billion yuan by 2030 [37]

证券代码：688102 证券简称：斯瑞新材 公告编号：2026-010 陕西斯瑞新材料股份有限公司 关于更换持续督导保荐代表人的公告 公司董事会对赵中堂先生所做出的贡献表示衷心的感谢！ 特此公告。 陕西斯瑞新材料股份有限公司董事会 2026 年 3 月 7 日 1 附件：陈秋月女士简历 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 陕西斯瑞新材料股份有限公司（以下简称"公司"）于近日收到国泰海通证 券股份有限公司（以下简称"国泰海通"）出具的《关于更换陕西斯瑞新材料股 份有限公司持续督导保荐代表人的函》。 国泰海通为公司首次公开发行股票并在科创板上市以及 2024 年度向特定对 象发行股票的保荐机构，首次公开发行股票并在科创板上市以及 2024 年度向特 定对象发行股票的保荐代表人为林文亭先生、赵中堂先生，负责保荐工作及持续 督导工作，持续督导期分别至 2025 年 12 月 31 日以及 2027 年 12 月 31 日。由于 原保荐代表人赵中堂先生工作变动，无法继续从事公司的持续督导工作。为保证 持续督导工作的有序进行 ...

Group 1: A-Share Buyback Events - During the period from February 23, 2026, to March 1, 2026, a total of 6 listed companies announced shareholder buyback plans, with the average buyback amount as a percentage of total market capitalization being 0.18% for Aidi Pharmaceutical, 1.09% for Binhua Co., 0.04% for Tongce Medical, 0.07% for Huaneng Hydropower, 1.69% for Biyinlefen, and 0.80% for Conch Cement [1][8][11]. Group 2: Key Companies of Interest - **Biyinlefen**: The company announced its first buyback and the controlling shareholder plans to buy back more than 1% of shares, with an amount between 100 million and 200 million RMB, reflecting confidence in the company's long-term prospects as a leading high-end apparel group focused on golf lifestyle [2][13]. - **Aidi Pharmaceutical**: The controlling shareholder plans to buy back 0.18% of shares, with an expected turnaround from loss to profit and a high growth rate in net profit forecasted [2][14][15]. - **Conch Cement**: The controlling shareholder plans to buy back 0.80% of shares, with a buyback amount between 7 billion and 14 billion RMB, indicating recognition of the company's long-term value in the cement industry [3][20][21]. Group 3: Management Buyback Announcements - From February 23, 2026, to March 1, 2026, 9 listed companies announced management buyback plans, with the only company exceeding 0.01% of total market capitalization being Sruy New Materials [11].

Group 1 - The core announcement is about the quarterly adjustment results of the Sci-Tech 50 and other indices, which will be implemented after the market closes on March 13 [1] - Three companies, including Keda Guandun Quantum Technology Co., Ltd., Shenzhen Zhongke Feimeng Technology Co., Ltd., and Zhongke Xingtai Co., Ltd., will be added to the Sci-Tech 50 Index, while ten other securities will be added to the Sci-Tech 100 Index [1] - After the adjustments, the total market capitalization of the Sci-Tech 50 Index will be 4.5 trillion yuan, covering 39% of the market, while the Sci-Tech 100 Index will have a total market capitalization of 2.7 trillion yuan, covering 24% of the market, resulting in a combined coverage of 63%, an increase of 1.1% [1] Group 2 - The Shanghai Stock Exchange has been enhancing its "one body, two wings" index system to improve the quality and diversity of indices, effectively supporting long-term capital inflow and national strategic initiatives [2] - The periodic adjustments of existing indices aim to optimize industry structures, with the weight of information technology and other "new economy" sectors increasing by 4.9% and 4.7% respectively by the end of 2024 [2] - The newly launched indices cover the entire market capitalization and industry chain of the Sci-Tech Board, guiding over 320 billion yuan into "hard technology" companies [2]

Group 1 - The Shanghai Stock Exchange and China Securities Index Co., Ltd. announced adjustments to the sample of the Sci-Tech Innovation 50 Index, effective after the market closes on March 13, 2026 [2] - GuoDun Quantum, ZhongKe FeiCe, and ZhongKe XingTu will be added to the Sci-Tech Innovation 50 Index, while Rejing Bio, Sry New Materials, and Junshi Biosciences, among 10 other securities, will be added to the Sci-Tech Innovation 100 Index [4]

Group 1 - The Shanghai Stock Exchange and China Securities Index Company announced a quarterly adjustment of the sample stocks for the Sci-Tech 50 and other Sci-Tech indices [1] - The Sci-Tech 50 Index will replace three sample stocks, specifically Guoshun Quantum, Zhongke Feimeng, and Zhongke Xingtou [1] - Additionally, ten securities including Rejing Bio, Sry New Materials, and Junshi Biosciences will be added to the Sci-Tech 100 Index [1] - The adjustments will take effect after the market closes on March 13 [1]