海格通信称，海格通信旗下西安驰达具备重、大型无人机整机和通航小型飞机的生产能力。无人机整机 研发制造，是西安驰达近年拓展的极具市场前景的新业务。"九天"灵活配置重型无人机的投产，标志着 西安驰达构筑了从工艺设计、零件加工、部件装配，到整机装配和调试等全链条无人机整机制造能力。 12月11日，"九天"无人机在陕西蒲城圆满完成首飞任务。记者从海格通信获悉，"九天"无人机由陕西无 人装备科技有限责任公司委托，航空工业第一飞机设计研究院设计、海格通信旗下西安驰达承制。 企查查显示，西安驰达是一家从事飞机零部件制造的企业，以飞机零部件制造为主业，掌握大型飞机零 部件制造技术，致力于为用户提供飞机零部件从制造到装配的完整产业链服务。海格通信为西安驰达的 第一大股东，持股比例56.4050%。 海格通信表示，此次首飞成功标志着我国大型无人机技术实现新突破，其规模化应用将加速产业链与创 新链的协同融合，为低空经济高质量发展注入新质生产力动能，助力航空产业创新升级。"九天"是下一 代新型大型无人机，被誉为"无人航空母机"，有力填补国内军民两用重型无人机市场空白。"九天"体现 了海格通信西安驰达先进的全链条无人机整机制造能力，进 ...

海格通信在互动平台表示，2025年12月11日，由陕西无人装备科技有限责任公司委托，航空工业第一飞 机设计研究院设计、公司控股子公司西安驰达飞机承制的"九天"无人机在陕西蒲城圆满完成首飞任务。 ...

格隆汇12月11日丨海格通信(002465.SZ)在投资者互动平台表示，2025年12月11日，由陕西无人装备科 技有限责任公司委托，航空工业第一飞机设计研究院设计、公司控股子公司西安驰达飞机承制的"九 天"无人机在陕西蒲城圆满完成首飞任务。 通过模块化任务载荷换装，"九天"无人机可广泛适配军民两 用多元场景：既能承担偏远山区、海岛的重型物资运输与精准物流投送，也能在应急救援中快速恢复通 信、投送救灾装备，还可提供地理测绘、灾情评估、矿产普查等服务，覆盖文物勘测、海巡执法、森林 灭火等多个国民经济领域。 此次首飞成功标志着我国大型无人机技术实现新突破，其规模化应用将加 速产业链与创新链的协同融合，为低空经济高质量发展注入新质生产力动能，助力航空产业创新升级。 公司控股子公司西安驰达飞机具备重、大型无人机整机和通航小型飞机的生产能力。无人机整机研发制 造，是西安驰达飞机近年拓展的极具市场前景的新业务。"九天"灵活配置重型无人机的投产，标志着西 安驰达构筑了从工艺设计、零件加工、部件装配，到整机装配和调试等全链条无人机整机制造能力。 ...

Core Insights - The defense industry is expected to experience a recovery in 2025, marking a turning point in demand, with a new round of growth anticipated as the "14th Five-Year Plan" concludes and the "15th Five-Year Plan" begins [2][8][24] - The focus on new combat capabilities, including unmanned systems, deep-sea technology, and military AI, is expected to drive significant advancements in the industry [2][8][32] - The commercial aerospace and gas turbine markets are projected to grow, driven by increased demand and recovery in the aviation sector post-pandemic [2][8][31] Group 1: Industry Overview - The defense industry has stabilized and is showing signs of recovery after a period of demand stagnation from 2023 to 2024, with revenue growth returning in 2025 [8][14] - The "15th Five-Year Plan" is anticipated to create synergies between military and civilian sectors, enhancing overall industry growth [8][29] - Geopolitical uncertainties are increasing, leading to heightened military spending globally, with defense budgets expected to continue rising [26][30] Group 2: New Combat Capabilities - New combat capabilities are expected to focus on unmanned systems, deep-sea operations, and information technology, with an emphasis on modernizing military capabilities [2][32][36] - The development of unmanned systems is seen as critical, with a growing emphasis on both offensive and defensive capabilities in modern warfare [2][43][44] - The integration of AI into military operations is expected to enhance decision-making and operational efficiency across various combat scenarios [2][32][36] Group 3: Commercial Opportunities - The commercial aerospace sector is poised for significant growth, particularly in the gas turbine market, driven by increased orders and recovery in engine deliveries [2][31][32] - The commercial space sector is also expanding, with advancements in satellite technology and launch capabilities expected to accelerate growth [2][31][32] - The military trade market is anticipated to strengthen, with Chinese equipment gaining recognition and market share in international markets, particularly in the Middle East [2][31][32]

卫星工业协会发布的数据显示，2024年全球商业卫星产业继续占据航天产业的主导地位，占全球航天业务的71%。而2025年中 国商业航天市场规模将突破2.8万亿元，作为商业航天的重要支撑，卫星产业发展前景广阔。 有专家表示，随着太空资源竞争日益激烈，卫星互联网已成为全球科技竞争的新高地。未来太空经济将会成为一个新的产业领 域，涉及到卫星通信、卫星导航、卫星遥感、太空旅游等多个方面。星地通信产业预计到2030年将突破2000-4000亿元，年均复 合增长率在10%-28%之间。星地通信产业正站在从"概念验证"向"规模化应用"的关键转折点，随着技术成熟、成本下降和应用 场景拓展，未来十年将形成"天地一体、万物互联"的新型通信格局，成为推动数字经济高质量发展的重要引擎。 卫星ETF（159206）聚焦商业航天+卫星通信，有望在"航天强国"背景下率先爆发。卫星ETF（159206）也是全市场首支的卫星 ETF，其联接基金A类024194，C类024195。 注：卫星ETF（159206）成立日期为2025/3/6，早于同类产品，卫星ETF同类指追踪国证商用卫星通信产业指数的所有ETF基 金。 今日开盘，卫星ETF（159 ...

（编辑 丛可心 王雪儿） 证券日报网讯 12月10日，海格通信在互动平台回答投资者提问时表示，在卫星通信领域，公司深度参 与国家卫星互联网重大工程项目。公司积极拓展空间段新领域，从核心部件切入，布局卫星通信载荷领 域（含激光通信）。 ...

随着2025年行情进入收官阶段，ETF市场再度涌现年度业绩翻倍的产品。 根据Wind数据统计，截至12月9日，全市场已有五只ETF年内收益率突破100%大关。从投资主线来看， 以通信设备、人工智能为代表的科技赛道表现尤为突出，相关产品分别由国泰、富国、南方、华宝基金 公司管理。 | | | 今年以来收益率超100%的ETF翻倍基一览 | | | | | | --- | --- | --- | --- | --- | --- | --- | | 基金代码 | 基金名称 | 今年以来 收益率(%) | 规模(亿) | 成立年限 | 今年以来 最大回撤(%) | 基金经理 | | 515880.OF | 国泰中证全指通信设备ETF | 122.27 | 124.50 | 6.32 | -28.87 | 艾小军 | | 159583.0F | 富国中证通信设备主题ETF | 111.21 | 10.41 | 1.45 | -23.98 | 苏华清 | | 159382.0F | 南方创业板人工智能ETF | 110.15 | 25.73 | 0.63 | -14.55 | 潘水洋 | | 159363.OF | 华宝 ...

Core Insights - The Terahertz concept sector experienced a 1.14% increase, ranking fourth among concept sectors, with 10 stocks rising, including Shaanxi Huada and Leike Defense hitting the daily limit up of 20% [1] - The sector saw a net inflow of 721 million yuan from main funds, with Leike Defense leading the inflow at 929 million yuan [2][3] Sector Performance - The Terahertz concept was among the top-performing sectors, with notable stocks like Shaanxi Huada (20% increase), Leike Defense (10.01% increase), and Saiwei Electronics (2.74% increase) [1][2] - Conversely, stocks such as Chuangyuan Xinke, Yaguang Technology, and Tianhe Defense faced declines of 3.08%, 2.59%, and 2.14% respectively [1] Fund Flow Analysis - Leike Defense, Shaanxi Huada, and Haige Communication had the highest net inflow ratios at 15.35%, 11.20%, and 3.25% respectively [3][4] - The overall net inflow for the Terahertz concept was significant, with eight stocks receiving inflows, and five stocks exceeding 50 million yuan in net inflow [2][3]

Group 1: Commercial Aerospace - Focus on core targets in satellite manufacturing and launch sectors, which are expected to maintain stable or improving value under cost reduction trends[3] - Key targets include Shanghai Hanzhou, Zhenlei Technology, and Aerospace Electronics for satellite manufacturing, and Hai Ge Communication, Guo Bo Electronics, and Tong Yu Communication for application terminals[3] - Anticipated mergers and acquisitions in Aerospace Technology Group due to its substantial external assets[3] Group 2: Wind Power - Offshore wind power in China is experiencing rapid growth due to abundant resources and proximity to major electricity consumption centers, with significant long-term growth potential[3] - The offshore wind power installation capacity is projected to increase significantly, with various provinces planning substantial projects, such as Zhejiang's 28 GW and Guangdong's 16 GW[38] - European offshore wind construction is expected to accelerate as financing costs decrease, with an anticipated installation of 8.7 GW by 2026[40] Group 3: Hengbo Co., Ltd. - Hengbo is projected to achieve net profits of 1.52/1.77/2.05 billion yuan from 2025 to 2027, with year-on-year growth rates of 16.3%/16.6%/15.4%[3] - The company is positioned as a leading supplier in the intake system sector, leveraging its cost advantages and customer resources to expand into overseas markets[3] - The PEEK business, through joint ventures, is expected to capture significant market share in high-end manufacturing applications, particularly in humanoid robots[3] Group 4: Tool Industry - The tool industry is experiencing a supply expansion due to high profit margins attracting numerous manufacturers, leading to increased competition[3] - Rising tungsten prices are prompting raw material suppliers to demand cash payments, which may lead to the exit of smaller firms and stabilize the industry structure[3] - Major companies are expected to expand production capacity, enhancing their resilience against market fluctuations[3]

南财智讯12月9日电，海格通信公告，持有公司股份27,925,075股（约占剔除回购专用账户股份后公司总 股本的1.1341%）的股东杨海洲先生计划在本公告披露之日起15个交易日后的3个月内以集中竞价交易 方式减持本公司股份不超过3,500,000股（约占剔除回购专用账户股份后公司总股本的0.1421%）。本次 减持原因为个人资金规划，股份来源为公司首次公开发行股票前持有的股份以及因资本公积转增股本方 式取得的股份，减持价格将根据减持时市场价格确定。杨海洲先生为公司控股股东广州数字科技集团有 限公司的一致行动人，本次减持计划的实施不会导致公司控制权发生变更，也不会对公司治理结构及持 续经营产生重大影响。 ...