A股商业航天概念盘中持续调整，中国卫星封跌停，此前博威合金、润贝航科跌停，信科移动、邵阳液 压、震有科技、航天环宇、超捷股份等跌超10%。 ...

Core Insights - The report emphasizes the ongoing prosperity in the commercial aerospace and military sectors, highlighting opportunities in overseas markets and the importance of technological advancements in the industry [2][3] Group 1: Industry Overview - The commercial aerospace sector is experiencing upward momentum, driven by SpaceX's advancements in reusable rocket technology, which could reduce space access costs by 100 times [13] - The military aviation sector is expected to benefit from increased demand for large aircraft and military trade, with significant growth anticipated in 2026 [14] - The report identifies a focus on supply chain reforms and the integration of AI technologies as key trends shaping the future of the defense and aerospace industries [15] Group 2: Investment Recommendations - The report recommends companies that align with the "S-curve" evolution, focusing on supply chain reforms and automation, including firms like航发动力 (Aero Engine Corporation) and 中航沈飞 (AVIC Shenyang Aircraft Corporation) [15] - Companies positioned for expansion in military trade and civil aviation, such as 国睿科技 (Guorui Technology) and 中国动力 (China Power), are highlighted for their growth potential [15] - Emerging industries like commercial aerospace, AI, and quantum computing are also recommended, with firms like 睿创微纳 (Ruichuang Micro-Nano) and 菲利华 (Feilihua) noted for their innovative capabilities [15] Group 3: Company Valuations and Financial Analysis - 航发动力 (Aero Engine Corporation) is projected to have a 2025E EPS of 0.22 CNY, with a PE ratio of 216.82 for 2025 [6] - 中航高科 (AVIC High-tech) is expected to achieve a 2025E EPS of 0.90 CNY, with a PE ratio of 29.16 for 2025 [6] - The report provides detailed financial metrics for various companies, indicating growth in EPS and improvements in PE ratios across the sector, reflecting a positive outlook for the defense and aerospace industries [6]

（编辑 丛可心） 证券日报网讯 1月25日，润贝航科发布公告称，公司股票连续3个交易日（2026年1月21日、1月22日、1 月23日）收盘价格涨幅偏离值累计超过20%。根据深圳证券交易所的有关规定，属于股票交易异常波动 的情况。公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或 重大遗漏。公司董事会确认，公司目前没有任何根据《深圳证券交易所股票上市规则》等有关规定应予 以披露而未披露的事项或与该事项有关的筹划、商谈、意向、协议等；董事会也未获悉公司有根据《深 圳证券交易所股票上市规则》等有关规定应予以披露而未披露的、对公司股票交易价格产生较大影响的 信息；公司前期披露的信息不存在需要更正、补充之处。 ...

润贝航科公告称，公司股票在2026年1月21日、1月22日、1月23日连续3个交易日收盘价格涨幅偏离值累 计超20%，属异常波动。经核查，公司前期披露信息无差错，经营正常、环境无重大变化，控股股东和 实控人无未披露重大事项或买卖公司股票情况，且无信息披露违规。公司2025年年报预计4月14日披 露，提醒投资者关注风险，以指定媒体信息为准。 ...

股票代码：001316 股票简称：润贝航科 公告编号：2026-001 润贝航空科技股份有限公司 关于股票交易异常波动的公告 （二）公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生 较大影响的未公开重大信息； （三）公司目前经营情况正常，内外部经营环境未发生重大变化； （四）公司控股股东和实际控制人不存在关于本公司应披露而未披露的重大 事项，或处于筹划阶段的重大事项； 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、股票交易异常波动情况 润贝航空科技股份有限公司（证券简称：润贝航科；证券代码：001316，以 下简称"公司"）股票连续 3 个交易日（2026 年 1 月 21 日、1 月 22 日、1 月 23 日）收盘价格涨幅偏离值累计超过 20%。根据深圳证券交易所的有关规定，属于 股票交易异常波动的情况。 二、公司关注并核实的说明 针对公司股票异常波动，公司董事会对控股股东、实际控制人就相关问题 进行了核实，现将相关情况说明如下： （一）公司前期披露的信息不存在需要更正、补充之处； 公司将严格按照有关法律法规的规定和要求，认真履行信息披露 ...

Market Overview - The Shanghai Composite Index closed at 4136.16 points, up 0.33%, with a trading volume of 1.3369 trillion yuan. The Shenzhen Component Index rose 0.79% to 14439.66 points, with a trading volume of 1.7484 trillion yuan. The ChiNext Index increased by 0.63% to 3349.50 points, with a trading volume of 822.63 billion yuan. The STAR Market 50 Index closed at 1553.71 points, up 0.78%, with a trading volume of 110.8 billion yuan. The total trading volume of both markets was 3.0853 trillion yuan, an increase of 393.5 billion yuan compared to the previous trading day [1]. Sector Performance - The market saw more sectors gaining than losing, with notable increases in power equipment, non-ferrous metals, precious metals, defense and military, steel, media, computer, environmental protection, and textile and apparel sectors. Concepts such as perovskite batteries, commercial aerospace, satellite internet, sapphire, lithium mining, cultivated diamonds, small metals, gold, and interactive short dramas were particularly active. In contrast, sectors like communication, insurance, banking, coal, and home appliances experienced declines [1]. Individual Stock Performance - A total of 3707 stocks rose, while 1336 stocks fell, with 134 stocks remaining flat and 6 stocks suspended. Excluding newly listed stocks, there were 120 stocks hitting the daily limit up and 2 stocks hitting the limit down [2]. - Among the stocks that hit the daily limit up, 23 stocks had consecutive limit-up days of 2 or more, with Fenglong Co., Ltd. leading with 18 consecutive limit-ups [3]. Capital Flow - The net capital outflow from the two markets was 4.167 billion yuan, with the ChiNext seeing a net inflow of 1.515 billion yuan. The CSI 300 index experienced a net outflow of 1.005 billion yuan, while the STAR Market saw a net outflow of 3.171 billion yuan. Out of 31 sectors, 13 sectors had net capital inflows, with the power equipment sector leading with a net inflow of 8.977 billion yuan [4][6]. - The top sectors with net inflows included non-ferrous metals (4.552 billion yuan), media (2.173 billion yuan), and defense and military (2.157 billion yuan). Conversely, the communication sector had the highest net outflow of 7.992 billion yuan, followed by electronics (6.350 billion yuan) and machinery (5.077 billion yuan) [4][6]. Notable Stocks - 191 stocks had net capital inflows exceeding 1 billion yuan, with Jin Feng Technology receiving the highest net inflow of 1.861 billion yuan. Other notable stocks included Lens Technology (1.594 billion yuan), Qian Zhao Optoelectronics (1.267 billion yuan), and Xian Dao Intelligent (1.217 billion yuan) [7][8]. - Conversely, 116 stocks experienced net capital outflows exceeding 1 billion yuan, with Xin Yi Sheng leading with a net outflow of 3.471 billion yuan, followed by Zhong Ji Xu Chuang (3.103 billion yuan) and Li Ou Shares (2.604 billion yuan) [10][11]. Institutional Activity - Institutional investors had a net selling of approximately 1.02 billion yuan, with 22 stocks seeing net purchases and 14 stocks net sales. Jin Feng Technology was the most purchased stock by institutions, with a net purchase amount of approximately 266 million yuan [13][14].

说明：电气设备（含光伏、风电、储能、充电桩）、有色金属（铜、锌、黄金、铝）、机械（专用设 备、通用设备）为三大核心主线，与政策驱动（新型工业化、设备更新）、大宗商品涨价、商业航天等 主题高度重合。 新能源汽车产业链中，锋龙股份5连板引爆汽车零部件热度，叠加一体化压铸、充电桩等细分环节持续 活跃，显示资金对新能源车后周期制造环节的持续挖掘；与此同时，钙钛矿电池与半导体材料成为科技 主线核心，沃格光电、江化微、金安国纪等标的连板，反映AI算力、消费电子复苏背景下，对国产半 导体材料与新型显示技术的强预期。 有色金属与资源品板块中，四川黄金7日4板、白银有色4连板，成为资源股中最强情绪标杆，背后是国 际金价突破历史新高、避险需求上升与国企资产价值重估的三重共振。 涨停股票覆盖23个申万一级行业，集中度较高，前五大行业合计占比超60% Wind数据显示，1月23日，A股市场共有122只股票涨停，较前一交易日保持高位活跃，显示市场风险偏 好显著回升。市场结构呈现"题材驱动+低位补涨"并行特征。 涨停潮主要由三大主线驱动，商业航天与国防军工、新能源与电力设备有色金属与资源品。 其中，商业航天成当日最强情绪引爆点，1月23 ...

1月23日，A股三大指数集体收涨，沪指涨0.33%报4136点，深证成指涨0.79%，创业板指涨0.63%，北证50指数涨3.82%。全市场成交额3.12万亿元，较前 一交易日增量4017亿元，超3900股上涨，122股涨停。 A股市场大小指数持续分化，上证50指数跌超1%，CPO概念走势低迷，新易盛（300502）跌逾6%，保险、银行等权重板块领跌市场。其他个股方面，利 欧股份（002131）收盘跌0.24%，开盘一度逼近跌停，此前连续两个交易日跌停。国晟科技（603778）昨日上演地天板后，今日收盘涨幅超3%。 | | | -小时最热 | | | | --- | --- | --- | --- | --- | | 代码 | 名称 | | 现价 | 涨跌幅 ▲ | | 002916 | 深南电路 | | 247.63 | -6.91% | | 300502 | 新易啓 | | 383.11 | -6.49% | | 300308 | 中际旭创 | | 585.40 | -5.73% | | 002463 | 沪电股份 | ↑ | 72.11 | -5.54% | | 300394 | 天孚通信 | | 18 ...

Market Overview - The Shanghai Composite Index closed at 4136.16 points, up 0.33% [3] - The Shenzhen Component Index closed at 14439.66 points, up 0.79% [3] - The ChiNext Index closed at 3349.5 points, up 0.63% [3] - The STAR Market Index closed at 1899.78 points, up 1.85% [3] Sector Performance - The photovoltaic industry chain surged, with significant gains in space photovoltaic stocks [4] - The commercial aerospace concept stocks also saw a strong rally, while basic metals experienced a wave of涨停 [4] - AI applications and robotics themes were active, whereas the computing hardware industry chain adjusted, with CPO direction leading the decline [4] Key Sector Gains - Photovoltaic equipment rose by 10.07% with a net inflow of 9.103 billion [5] - BC batteries increased by 8.56% with a net inflow of 7.459 billion [5] - Zinc metal gained 5.01% with a net inflow of 0.933 billion [5] - Lead metal rose by 4.97% with a net inflow of 0.537 billion [5] - Silicon energy increased by 4.85% with a net inflow of 2.835 billion [5] Notable Stocks - Liancheng CNC surged by 29.99% to 47.16 [6] - Optech rose by 29.98% to 17.21 [6] - Laplace increased by 20.01% to 55.54 [6] - Maiwei shares rose by 20.00% to 324.36 [6] - JinkoSolar increased by 20.00% to 6.90 [6] Commercial Aerospace Stocks - Ruihua Tai rose by 20.01% to 25.91 [7] - Qianhe Optoelectronics increased by 20.01% to 39.17 [7] - Deen Precision rose by 20.00% to 31.32 [7] - Multiple stocks in this sector saw gains of 20% or more [7] Capital Flow - Main capital inflows were observed in power equipment, non-ferrous metals, national defense, and machinery sectors [10] - Notable inflows included Longi Green Energy with 2.692 billion, Aerospace Electronics with 1.886 billion, and Goldwind Technology with 1.832 billion [11] - Significant outflows were seen in stocks like New Yisheng with 3.414 billion, TBEA with 3.218 billion, and Zhongji Xuchuang with 3.045 billion [12] Institutional Insights - CITIC Construction pointed out that high silver prices are driving industrial transformation, marking the beginning of the "copper" era in photovoltaic metalization [13] - Huachuang Securities highlighted the significant potential in China's commercial aviation engine market, suggesting focus on three key industry chains [13] - CITIC Securities expects stable sales for the liquor industry during the 2026 Spring Festival, indicating opportunities for bottom-fishing in the sector [14]

国产大飞机商业化进程稳步推进，带动上游航材需求扩容，航材自主研发投入持续加大，适航认证成果 显著。 声明：本内容由AI生成，数据资料来自于交易所及第三方公开信息，仅供参考，不构成投资建议。 来源：市场资讯 交易所数据显示，润贝航科开盘后快速下探，随后进入震荡整理阶段，价格在49至51区间内反复波动， 临近10时25分，出现快速拉升，迅速冲高至53.00并维持该价位，截至10时24分，已连续2个交易日涨 停，总市值61.01亿元，封板资金2.81亿元，成交额3.58亿元，换手率6.33%。 润贝航科作为国内航材分销细分行业龙头，自2011年起与商飞集团深度合作，伴随国产大飞机商业化推 进，航材国产替代需求释放，同时低空经济发展带动高端国产航材需求提升，受到市场关注。 消息面上，湿电子化学品国产化进程加快，半导体清洗率先突破，近年来在下游晶圆制造扩产及国产替 代政策推动下，我国湿电子化学品行业进入快速发展阶段，国产化率持续提升，市场规模不断扩大。海 南自贸港封关后航材免税覆盖率大幅提升，叠加"岛内自由流通"政策，相关企业正加速建设航材共享平 台，打造全球航空维修新高地。 ...