Group 1 - The core viewpoint of the article is that the development stage of commercial aerospace is still early, and its contribution to the company's total revenue will be limited in the coming years [1] - By September 30, 2025, the revenue from commercial aerospace is expected to account for approximately 3% of the company's total revenue [1]

铂力特公告，公司股票交易价格连续3个交易日内收盘价格涨幅偏离值累计达到30%，属于股票交易异 常波动情形。经自查，公司目前生产经营活动一切正常，未发生重大变化。同时，公司、实际控制人及 其一致行动人不存在应披露而未披露的重大信息。此外，公司已披露收到中国证券监督管理委员会立案 告知书的公告，立案调查尚在进行中。商业航天对公司总营业收入贡献有限，截止2025年9月30日，占 比约为3%。 (本文来自第一财经) ...

证券代码：688333 证券简称：铂力特 公告编号：2026-002 西安铂力特增材技术股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证本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： 西安铂力特增材技术股份有限公司（以下简称"公司"）股票交易价格连 续 3 个交易日（2026 年 1 月 8 日、2026 年 1 月 9 日、2026 年 1 月 12 日）内收 盘价格涨幅偏离值累计达到 30%。根据《上海证券交易所交易规则》《上海证券 交易所科创板股票异常交易实时监控细则》的有关规定，属于股票交易异常波动 的情形。 经公司自查，并向实际控制人核实，截至本公告披露日，公司、实际控 制人及其一致行动人不存在应披露而未披露的重大信息。 公司目前生产经营未发生重大变化。 公司已于 2026 年 1 月 1 日发布《西安铂力特增材技术股份有限公司关于 收到中国证券监督管理委员会立案告知书的公告》（公告编号：2026-001），截 至本公告披露日，立案调查尚在进行中，公司尚未收到就上述立案事项的结论性 意见或决定。 商业航天的发 ...

Group 1 - The company announced that it has not found any undisclosed significant information that may have a substantial impact on its stock trading price, following a self-examination [1] - The development stage of the commercial aerospace sector is still in its early phases, which will contribute limited revenue to the company in the coming years [1] - As of September 30, 2025, the revenue from commercial aerospace is expected to account for approximately 3% of the company's total revenue for that period [1]

Market Performance - The general equipment sector increased by 3.06% on January 12, with Plutotech leading the gains [1] - The Shanghai Composite Index closed at 4165.29, up 1.09%, while the Shenzhen Component Index closed at 14366.91, up 1.75% [1] Top Gainers - Plutotech (688333) closed at 140.27, up 20.00% with a trading volume of 276,200 shares and a transaction value of 3.63 billion [1] - Jinka Intelligent (300349) closed at 19.88, up 19.98% with a trading volume of 557,700 shares and a transaction value of 1.08 billion [1] - Chuangyuan Xinke (920961) closed at 35.91, up 19.18% with a trading volume of 232,800 shares and a transaction value of 792 million [1] - Other notable gainers include Landun Optoelectronics (300862) up 16.12%, Qixing Precision (6910Z6) up 12.69%, and Haineng Technology (920476) up 12.52% [1] Market Flow - The general equipment sector saw a net inflow of 313 million from institutional investors, while retail investors contributed a net inflow of 424 million [2] - The sector experienced a net outflow of 738 million from speculative funds [2] Individual Stock Flow - Notable net inflows include: - Snowman Group (002639) with a net inflow of 44.5 million [3] - Aerospace Power (600343) with a net inflow of 32.5 million [3] - Daye Shares (603278) with a net inflow of 30.7 million [3] - Conversely, significant net outflows were observed in: - Haspin (301137) with a net outflow of 38.7 million [3] - Jinka Intelligent (300349) with a net outflow of 85.5 million [3]

Group 1 - The Shenzhen Composite Index rose by 0.11% while the ChiNext Index fell by 0.91% as of 10:37 AM on January 12, with the high-end equipment sub-index increasing by 4.79% [1] - Notable stock performances included Guobo Electronics up 16.46%, Plater Technology up 15.63%, and Zhongke Xingtou up 14.98%, with several other companies experiencing significant gains [1] - The High-end Equipment ETF (159638) increased by 4.49%, with a trading volume of 155 million yuan and a turnover rate of 5.85%, showing a 45.30% increase over the past six months and a 67.00% increase over the past year [1] Group 2 - Multiple policies supporting advanced manufacturing have been introduced at the beginning of the year, including Shanghai's three-year action plan for 2026-2028, which focuses on commercial aerospace and innovative products [1] - Guangzhou has also released plans to develop low-altitude economy and aerospace as strategic industries, aiming to create a "Southern Aerospace City" [1] - The commercial aerospace sector is seeing significant activity, with Blue Arrow Aerospace's IPO approval aiming to raise 7.5 billion yuan and the commencement of construction for the first domestic offshore reusable rocket recovery base [1] Group 3 - The first fully domestically produced F-class commercial gas turbine unit successfully passed a 168-hour full-load test and began production, marking a significant milestone in the domestic gas turbine manufacturing industry [2] - The domestic production rate of high-end machine tools is accelerating, with projections indicating a 35% localization rate by 2025, and five-axis machine tools exceeding 20% [2] - The High-end Equipment ETF (159638) tracks the CSI High-end Equipment Sub-index, with top ten weighted stocks including Aerospace Electronics and China Satellite, collectively accounting for over 45% of the index [2]

Group 1 - The satellite industry ETF (159218) surged by 10.01% as of 11:09 AM, with multiple stocks such as Xinke Mobile-U and Guobo Electronics rising over 10% [1] - Notable stock performances include Xinke Mobile-U up by 20.01%, Guobo Electronics by 19.24%, and Huali Chuantong by 18.60% [1] - The ETF has been officially included in the margin trading list by the Shenzhen Stock Exchange, marking it as the first satellite-themed ETF to double its returns since its listing [1] Group 2 - The strong performance of the satellite industry is attributed to a historic acceleration, with China applying for over 200,000 satellite frequency resources and SpaceX approved to deploy thousands of additional satellites [2] - The domestic reusable rocket industry is rapidly industrializing, with significant advancements in offshore launches and frequent maiden flights [2] - The satellite industry has evolved from a conceptual stage to a core arena of great power competition, with the satellite industry ETF serving as a key financial vehicle to capture the benefits of the "Space Economy 2.0" era [2]

Investment Rating - The report rates the mechanical industry as "Overweight" [5] Core Insights - The mechanical equipment index increased by 5.98% during the week of January 5 to January 9, 2026, outperforming the CSI 300 index, which rose by 2.79% [8] - China has submitted applications for 203,000 new satellites covering 14 satellite constellations, indicating a significant expansion in the commercial space sector [5] - The CES 2026 showcased advancements in humanoid robots, with companies like Upward and Boston Dynamics unveiling new models, highlighting the industry's shift towards diversification and automation [5] Summary by Sections Weekly Market Summary - The mechanical equipment sector's performance was ranked 10th among 31 first-level industries, with a weekly increase of 5.98% [8] - The mechanical industry index has risen by 53.09% since the beginning of 2025, compared to a 24.57% increase in the CSI 300 index [10] Key Macro Data - The manufacturing PMI for December 2025 was reported at 50.1%, indicating stable growth in the sector [15] - The production index and order index for December 2025 were 50.8% and 51.7%, respectively, suggesting positive trends in manufacturing activity [21] Sub-industry Data Summary Engineering Machinery Industry - Excavator sales in December 2025 reached 23,095 units, a year-on-year increase of 19.2% [36] Machine Tool and Industrial Robot Industry - Industrial robot production in November 2025 was 70,188 units, reflecting a year-on-year growth of 20.6% [41] Rail Transit Industry - The cumulative production of EMUs from January to November 2025 was 1,722 units, with November production showing a year-on-year increase of 24.1% [45] Oilfield Equipment Industry - The global active drilling rig count was 1,813 units as of November 2025, with Brent crude oil averaging $63.34 per barrel on January 9, 2026 [53] Semiconductor Equipment Industry - Semiconductor sales in November 2025 reached $75.28 billion, with a month-on-month increase of 3.53% [76] Key Company Earnings Forecast - The report recommends several companies for investment, including: - Humanoid Robots: Hengli Hydraulic, Changying Precision, and others [5] - Chip Equipment: Keri Technology [5] - Commercial Aerospace: Plit [5] - AI Infrastructure: Ice Wheel Environment, Hanzhong Precision, and others [5] - Engineering Machinery: Sany Heavy Industry, XCMG, and others [5] - Export Chain: Honghua Digital Science, Juxing Technology, and others [5]

Group 1 - The article emphasizes that the commercial aerospace industry is experiencing explosive growth driven by supportive policies and technological advancements, leading to a significant increase in demand across the industry chain [4][20][25]. - The transition from traditional aerospace, characterized by government-led initiatives, to commercial aerospace, driven by private enterprises, marks a fundamental shift in the industry, focusing on cost reduction and service-oriented models [10][12][15]. - The U.S. and China are establishing a bipolar competitive landscape in the aerospace sector, with the U.S. leading in commercial launches and satellite deployments, while China is rapidly catching up with its burgeoning private sector [24][28]. Group 2 - The article outlines the core tracks of the industry chain, including satellites, launch vehicles, ground equipment, and terminal applications, highlighting their interconnectivity and importance in the overall ecosystem [29][30]. - It discusses the competitive landscape and industry trends, noting that the U.S. has a dominant position in commercial launches, with SpaceX accounting for a significant portion of global satellite deployments, while China's commercial space sector is on the rise [24][28]. - Investment recommendations are provided, suggesting that stakeholders should focus on companies involved in satellite manufacturing, launch services, and ground equipment, as these areas are expected to see substantial growth [39][40].

Group 1 - The global 3D printing industry is expected to exceed 150 billion RMB in 2024, with a potential market size of 100 billion USD in the next decade, driven by the maturity of 3D printing technology and its advantages over traditional manufacturing methods [1] - The consumer-grade 3D printing market is dominated by domestic manufacturers, with a projected market value of 4.1 billion USD in 2024, growing to 16.9 billion USD by 2029, reflecting a compound annual growth rate (CAGR) of 33% [1] - Major domestic players hold over 70% of the global market share in consumer-grade 3D printers, with TuoZhu Technology and Chuangxiang Sanwei being market leaders [1] Group 2 - The industrial 3D printing sector requires breakthroughs in core components such as high-end lasers, galvanometers, and inkjet nozzles, which are currently dominated by foreign manufacturers [2] - Industrial 3D printing is transitioning from "test-type" applications to "scale" applications, demonstrating significant value in sectors like shoe molds and commercial aerospace [2] Group 3 - Domestic manufacturers are making continuous breakthroughs in various aspects of 3D printing, with Aisike achieving domestic production of piezoelectric inkjet printheads and 100% localization in 3D metal printing equipment [3] - JinChengZi is a leader in laser processing control systems and is also expanding into consumer-grade products, while SiKan Technology leads in industrial 3D scanning and is entering the consumer market [3] - Chuangxiang Sanwei is a global leader in consumer-grade 3D printing and is actively developing an AI ecosystem, while other companies like Huasu High-Tech and Bolite are expanding into new markets such as consumer electronics and commercial aerospace [3]