Core Viewpoint - Shunhao Co., Ltd. (002565) announced that its affiliated company, Beijing Rail Chuang Technology Co., Ltd., has completed the development of the first-generation experimental satellite "Chuangguang No. 1," which is yet to be launched. The launch of the space project is subject to various factors, leading to uncertainty in the actual launch timeline [1]. Group 1 - The first-generation experimental satellite "Chuangguang No. 1" has been developed and is ready for launch [1]. - The launch is influenced by multiple factors including weather, environmental conditions, rocket product readiness, opinions from the launch site management, and regulatory and safety reviews [1]. - The actual launch time remains uncertain due to these influencing factors [1].

Group 1 - The core issue raised by investors is the delay in the launch of the "Chengguang No. 1" satellite [2] - The company, Shunhao Co., Ltd. (002565.SZ), stated that its affiliated company, Beijing Rail Transit Chengguang Technology Co., Ltd., has completed the development of the first-generation experimental satellite [2] - The launch of space projects is influenced by various factors including weather, environmental conditions, rocket product readiness, opinions from the launch site management, and regulatory and safety reviews, leading to uncertainty in the actual launch timing [2]

Core Viewpoint - Shunhao Co., Ltd. (002565.SZ) announced that its affiliated company, Beijing Rail Chuang Technology Co., Ltd., has completed the development of its first experimental satellite, "Chuangguang No. 1," which is currently not yet launched. The launch of the space project is subject to various factors, including weather, environmental conditions, rocket product readiness, opinions from the launch site management, and regulatory and safety reviews, leading to uncertainty in the actual launch timeline [1]. Group 1 - The first experimental satellite "Chuangguang No. 1" has been developed by Beijing Rail Chuang Technology Co., Ltd. [1] - The launch of the satellite is currently pending and has not yet occurred [1] - Multiple factors contribute to the uncertainty of the launch schedule, including weather and regulatory considerations [1]

Company Overview - Shunhao Co., Ltd. is located in Putuo District, Shanghai, and was established on December 21, 2004. The company went public on March 18, 2011. Its main business includes the research, production, processing, and sales of vacuum aluminum-coated paper, composite film paper, white cardboard, printed products, and cigarette polypropylene fiber bundles [1]. Business Revenue Composition - The revenue composition of Shunhao Co., Ltd. is as follows: printed products account for 48.07%, aluminum-coated paper for 30.03%, other (supplementary) products for 8.51%, composite film paper for 5.56%, others for 3.93%, optical anti-counterfeiting film for 2.02%, new tobacco for 1.65%, and white cardboard for 0.23% [1]. Stock Performance - On January 22, Shunhao Co., Ltd. saw a stock price increase of 5.37%, reaching 14.90 CNY per share, with a trading volume of 6.91 billion CNY and a turnover rate of 4.49%. The total market capitalization is 157.94 billion CNY [1]. Fund Holdings - According to data, one fund under Huatai Baoxing holds a significant position in Shunhao Co., Ltd. The Huatai Baoxing Jinianhong Mixed Fund A (016272) held 58,500 shares in the third quarter, representing 3.18% of the fund's net value, ranking it as the tenth largest holding. The estimated floating profit for today is approximately 44,500 CNY [2]. Fund Performance - The Huatai Baoxing Jinianhong Mixed Fund A (016272) was established on May 7, 2024, with a latest scale of 12.95 million CNY. Year-to-date, it has achieved a return of 6.8%, ranking 3300 out of 8843 in its category. Over the past year, it has returned 57.7%, ranking 1302 out of 8096, and since inception, it has returned 65.26% [2]. Fund Manager Information - The fund managers of Huatai Baoxing Jinianhong Mixed Fund A (016272) are Zhao Jian and Huang Junqing. Zhao Jian has a tenure of 7 years and 227 days, with a total fund asset size of 70.90 million CNY, achieving a best return of 95.13% and a worst return of -36.16% during his tenure. Huang Junqing has a tenure of 260 days, with a total fund asset size of 77.35 million CNY, achieving a best return of 10.75% and a worst return of -6.15% during his tenure [3].

Group 1 - The company, Shunhao Co., stated that it strictly adheres to relevant laws and regulations regarding information disclosure obligations [2] - The fluctuations in the secondary market stock price are influenced by various factors including macroeconomic conditions, industry policies, and market sentiment [2] - The company urges investors to be aware of investment risks [2]

Group 1 - The core viewpoint is that China's commercial space industry is experiencing rapid development, with projections for 2025 indicating 50 launches, accounting for 54% of the total national space launches [1] - In 2025, commercial rockets are expected to complete 25 launches, and the Hainan commercial space launch site will have conducted 9 launches, totaling 10 since its establishment [1] - A total of 311 commercial satellites are projected to be placed into orbit, representing 84% of the total satellites launched in China [1] Group 2 - The commercial space industry is entering a golden era driven by both demand and supply, with recommendations to focus on structural component suppliers such as Aerospace Power, Srey New Materials, and others [1] - In satellite manufacturing, the focus is on low Earth orbit satellites and related infrastructure, with suggested companies including China Satellite and Aerospace Electronics [1] - The upstream and midstream sectors, particularly subsystems and materials supporting satellite mass production, are expected to benefit first, with companies like Zhenlei Technology and Guangwei Composites highlighted [1] Group 3 - In 2026, the domestic commercial space sector is anticipated to experience a "triple resonance" of policy, technology, and capital, making it highly promising [2] - Beneficiary companies in the rocket industry chain include Aerospace Power, Western Materials, and others [2] - In the satellite industry and space computing, recommended companies include Zhongke Xingtou, Aerospace Hongtu, and several others [2]

Group 1 - The core point of the news is that Shunhao Co., Ltd. experienced a stock decline of 5.11%, with a current share price of 15.05 yuan, a trading volume of 598 million yuan, and a market capitalization of 15.953 billion yuan [1] - Shunhao Co., Ltd. specializes in the research, production, processing, and sales of various products, including vacuum aluminum-coated paper, composite film paper, white cardboard, printed materials, and tobacco fiber bundles [1] - The main revenue composition of the company includes printed materials (48.07%), aluminum-coated paper (30.03%), and other products such as composite film paper (5.56%) and optical anti-counterfeiting film (2.02%) [1] Group 2 - Huatai Baoxing Fund has a significant holding in Shunhao Co., Ltd., with the Huatai Baoxing Jinianhong Mixed Fund A (016272) holding 58,500 shares, representing 3.18% of the fund's net value, ranking as the tenth largest holding [2] - The Huatai Baoxing Jinianhong Mixed Fund A has a total scale of 12.9528 million, with a year-to-date return of 10.75% and a one-year return of 64.51% [2] - The fund manager Zhao Jian has a tenure of 7 years and 225 days, with the best fund return during his tenure being 94.43% [3]

证券日报网讯1月16日，顺灏股份（002565）在互动平台回答投资者提问时表示，公司董事张善从先生 目前担任北京国科环宇科技股份有限公司董事长、法定代表人，该公司的相关情况请自行咨询该企业。 有关公司经营业务及战略布局，请以公司在指定信息披露媒体上披露的公告为准。 ...

Market Overview - The packaging and printing sector experienced a decline of 1.27% on January 16, with Jia Mei Packaging leading the drop [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] Stock Performance - Notable gainers in the packaging and printing sector included: - Yongji Co., Ltd. (603058) with a closing price of 10.56, up 10.00% on a trading volume of 561,900 shares and a turnover of 579 million yuan [1] - Zhuhai Zhongfu (000659) closed at 4.48, up 7.69% with a trading volume of 940,200 shares and a turnover of 398 million yuan [1] - Conversely, Jia Mei Packaging (002969) saw a significant decline of 10.01%, closing at 15.64 with a trading volume of 1,033,500 shares and a turnover of 1.663 billion yuan [2] - Other notable decliners included: - Global Printing (002799) down 10.00% to 8.55 with a turnover of 208 million yuan [2] - Shunhao Co., Ltd. (002565) down 5.63% to 15.75 with a turnover of 2.454 billion yuan [2] Capital Flow - The packaging and printing sector experienced a net outflow of 482 million yuan from institutional investors, while retail investors saw a net inflow of 300 million yuan [2] - The capital flow for specific stocks showed: - Huayuan Holdings (002787) had a net outflow of 51.415 million yuan from institutional investors [3] - Zhuhai Zhongfu (000659) saw a net inflow of 47.199 million yuan from institutional investors [3] - Yongji Co., Ltd. (603058) had a net outflow of 41.263 million yuan from institutional investors [3]

（编辑 王雪儿） 证券日报网讯 1月15日，顺灏股份发布公告称，公司2026年1月13日至15日连续3个交易日收盘价格跌幅 偏离值累计超20%，属异常波动；经自查，截至本公告披露日公司前期所披露的信息，不存在需要更 正、补充之处。 ...