证券日报网讯2月25日，中航光电（002179）在互动平台回答投资者提问时表示，公司为我国互联网卫 星星座星间微波、星间激光通信配套全链路解决方案，产品包含连接器、电缆组件、柔板组件、光模 块、光缆组件等，有丰富的飞行应用经历。 ...

同壁财经讯，企查查数据显示，根据《某单位水密电缆及连接器中标公告》，中航光电科技股份有限公 司于2026年2月25日公告中标某单位采购项目，中标金额为254.07万元。 相关上市公司：中航光电(002179.SZ) 同壁财经小贴士： 中航光电（002179.SZ）2024年营业收入为206.86亿元，营业收入增长率为3.04%，归属母公司净利润为 33.54亿元，归属母公司净利润增长率为0.45%，净资产收益率为15.67%。 相关上市公司：中航光电(002179.SZ) 同壁财经小贴士： 中航光电（002179.SZ）2024年营业收入为206.86亿元，营业收入增长率为3.04%，归属母公司净利润为 33.54亿元，归属母公司净利润增长率为0.45%，净资产收益率为15.67%。 2025年上半年公司营业收入为111.83亿元，营业收入增长率为21.60%，归属母公司净利润为14.37亿 元，归属母公司净利润增长率为-13.87%。 目前公司属于信息技术行业，主要产品类型为电子元器件，2024年报主营构成为电连接器:78.36%;光器 件及光电设备:13.74%;流体、齿科及其他产品:7.9%。 2025 ...

航空航天ETF（159227）：规模位居同类第一，紧密跟踪国证航天指数，成分股覆盖战斗机、航空发动 机、火箭、导弹、卫星、雷达等全产业链龙头，完美契合"空天一体"的战略方向，涵盖大飞机、商业航 天、低空经济等新兴领域，商业航天含量高达69.65%。前十大重仓股中包含了航天发展、中国卫星、 航天电子、中航机载、中航高科等行业龙头。 （文章来源：每日经济新闻） 此前，在长征十号运载火箭系统低空演示验证与梦舟载人飞船系统最大动压逃逸飞行试验中，梦舟载人 飞船成功实施最大动压逃逸并在海上安全溅落。这是我国首次在海上实施载人飞船搜索回收任务，为后 续空间站应用与发展任务和载人登月任务积累了重要经验。 东吴证券表示，近期，中国在可回收火箭领域取得了技术突破与试验进展，我国航天产业距离"低成 本、高复用"越来越近。中国可回收火箭技术突破，不仅是航天产业内部的成本革命与技术升级，更是 国家战略安全、高端制造升级与全球竞争格局重塑的重要支点。长期来看，将推动我国从航天大国向航 天强国跨越，为我国在新一轮科技革命与产业变革中抢占先机提供重要支撑。 2月25日，A股三大指数集体上涨，商业航天板块午后强势拉升。截至13:51，航空航 ...

（文章来源：证券日报） 证券日报网讯 2月24日，中航光电在互动平台回答投资者提问时表示，截至2026年2月13日，公司股东 户数为176729户。 ...

（文章来源：证券日报） 证券日报网讯 2月24日，中航光电在互动平台回答投资者提问时表示，公司产品遵循市场化定价，在与 客户沟通价格的过程中，已经将大宗原材料上涨作为价格谈判的因素。面对大宗原材料价格变动，公司 也将不断推进战略成本管控，坚持研发源头拉动，推动数智化转型，促进效率提升。 ...

Investment Rating - The report maintains an "Overweight" rating for the aerospace and military industry [8] Core Views - The successful controlled sea splashdown of the Long March 10 rocket's first stage marks a significant breakthrough in rocket payload capacity, which is crucial for the development of the commercial space sector and the acceleration of satellite deployment [1][11] - The report emphasizes the importance of reusable rocket technology in reducing launch costs and enhancing satellite internet construction, which is expected to benefit the satellite industry chain [15][12] Summary by Sections Industry Overview - The report highlights the advancements in China's reusable rocket technology, which is seen as a key factor in enhancing launch capacity and reducing costs, thereby accelerating satellite deployment [1][15] - The military modernization during the "14th Five-Year Plan" period is expected to shift from quantity to quality, creating structural opportunities in military equipment demand [2] Key Companies - Recommended companies include Torch Electronics, Hongyuan Electronics, AVIC Optoelectronics, Steel Research Nack, Gaode Infrared, Aerospace Intelligence, and AVIC High-Tech, all rated as "Buy" except for AVIC High-Tech, which is rated as "Hold" [3][37] - The report provides target prices for these companies, indicating strong growth potential based on their performance and market conditions [37] Market Performance - The report notes that the aerospace and military sector outperformed the market, with a 2.17% increase in the defense and military index, ranking 8th among 31 sectors [24] - The report includes a detailed analysis of stock performance, highlighting significant gainers and losers within the industry [9][10] Valuation Metrics - As of February 13, 2026, the Shenyin Wanguo defense and military sector index has a PE (TTM) of 97.40, indicating a high valuation relative to historical levels [29][34] - The report provides a breakdown of PE ratios for various sub-sectors within the military industry, indicating varying levels of valuation across different segments [29][36]

Group 1 - The core point of the article is that as of February 10, the number of shareholders for AVIC Optoelectronics (stock code: 002179) is reported to be 174,478 [1]

Core Insights - The report identifies liquid cooling as a strategic investment opportunity, potentially replicating the success of optical modules and PCBs, with strong growth prospects driven by AI computing needs and stringent energy efficiency standards [2][3] - Liquid cooling is characterized by three main features: strong growth, complete narrative, and favorable odds, indicating a favorable market environment for investment [2] - The industry is transitioning from speculative hype to a high-growth phase with confirmed orders, as evidenced by significant order increases from key suppliers like Vidi Technology [3] Industry Trends - The liquid cooling industry is entering a high-growth phase with a 252% year-over-year increase in organic orders reported by Vidi Technology, highlighting strong market demand [3] - Major tech companies like NVIDIA and Google are adopting liquid cooling as a mandatory standard for their next-generation platforms, indicating a shift from optional to essential technology in AI computing [3] - The industry is witnessing a wave of mergers and acquisitions, with companies like Liying Intelligent Manufacturing acquiring liquid cooling suppliers to secure positions in the AI server supply chain [3] Liquid Cooling Industry Chain - The liquid cooling industry chain consists of three main segments: upstream components, midstream system integration and manufacturing, and downstream applications [4] - Upstream includes key technologies and components such as cooling fluids and CDU, which have high technical barriers and value [4] - Midstream integrates upstream components to provide complete liquid cooling server solutions, with technical integration capabilities as a core barrier [4] - Downstream focuses on high-performance data center operators and industry users driving the large-scale adoption of liquid cooling [4]

Group 1 - Company AVIC Optoelectronics Technology Co., Ltd. won a procurement project from Shanghai Nuclear Engineering Research and Design Institute, with a bid amount of 8.8484 million yuan [1] - The company is listed under the stock code 002179.SZ [2][3] - In 2024, the company's operating revenue is projected to be 20.686 billion yuan, with a growth rate of 3.04% [2][3] Group 2 - The net profit attributable to the parent company for 2024 is expected to be 3.354 billion yuan, with a growth rate of 0.45% [2][3] - The company's return on equity (ROE) is 15.67% [2][3] - In the first half of 2025, the company's operating revenue reached 11.183 billion yuan, showing a growth rate of 21.60% [2][3]

Group 1 - Hailanxin (300065) is a core enterprise in the field of smart ocean and commercial aerospace measurement and control, with a contract amount of 458 million yuan for a project related to reusable rocket recovery [1][25] - Jieli Suoju (002342) is a leading company in the domestic rigging industry, providing intercept nets and ultra-high molecular weight polyethylene ropes for rocket recovery, with a single set of capture arms valued at 15-20 million yuan [2][26] - Chaojie Co., Ltd. (301005) specializes in precision structural components, supplying key components for rockets, with a single set valued at 25-30 million yuan and securing 30 orders for 2026-2028 [3][27] Group 2 - Taisheng Wind Power (300129) is a leader in wind power towers, providing structural components for rockets and planning to cover 60% of launch tasks by 2025 [4][28] - Zhongheng Design (603017) is a leading engineering design firm, providing design and construction services for rocket recovery bases, supporting industry landing [5][29] - Yitong Century (300310) focuses on communication technology services, providing communication support for rocket recovery processes [6][30] Group 3 - Aerospace Electronics (600879) is a leading company in aerospace electronics, providing landing leg actuators for reusable rockets, with a projected increase in value by 3-5 times after commercialization in 2026 [7][31] - Mengsheng Electronics (688331) specializes in satellite navigation systems, providing core navigation systems for reusable rockets, supporting centimeter-level positioning [8][32] - Sry New Materials (688102) is a leader in high-strength copper alloy materials, supplying core materials for rocket engines, ensuring stable operation for recovery [9][34] Group 4 - AVIC Optoelectronics (002179) is a leading company in aerospace connectors, ensuring reliable signal transmission for rocket recovery processes [10][35] - Guokai Military Industry (688543) provides solid engine power modules for rockets, which are critical components for recovery [11][36] - Parker New Materials (605123) specializes in aerospace forgings, supplying key components for rockets, ensuring structural stability for recovery [12][37] Group 5 - Hanyu Technology (688239) focuses on titanium alloy forgings for rockets, supporting stable engine operation for recovery [13][38] - Race Intelligent (002979) provides specialized motors for rocket engines, crucial for thrust adjustment during recovery [14][39] - Aerospace Universe (688523) specializes in composite materials, supporting lightweight structures for rockets [15][40] Group 6 - Guoguang Electric (688776) provides electrical equipment for rockets, supporting electrical control and signal transmission during recovery [16][41] - Aerospace Hongtu (688066) offers satellite remote sensing services, providing environmental monitoring for rocket recovery [17][42] - Chunzong Technology (603516) provides ground measurement and control equipment for rocket launches and recoveries [18][43] Group 7 - Aerospace Electromechanical (600151) supplies solar panels and power systems for rockets, supporting energy management during recovery [19][44] - Wuzhou Xinchun (603667) supplies bearings for recovery systems, with annual orders valued at 120-180 million yuan [20][45] - Aerospace Morning Light (600501) provides ground support systems for rocket recovery, ensuring efficient execution of recovery operations [21][46] Group 8 - Aerospace Technology (000901) specializes in measurement and control services for rockets, ensuring precise control during recovery [22][47] - Aerospace Power (600343) provides fluid components for rocket engines, ensuring reliable fluid control during recovery [23][48]