| 股票代码 | 股票简称 | 涨跌幅 | 权重 | | --- | --- | --- | --- | | 002085 | 万丰奥威 | -0.50% | 5.29% | | 002389 | 航天彩虹 | -0.37% | 3.73% | | 600038 | 中直股份 | 1.33% | 3.58% | | 300045 | 华力创通 | 1.68% | 3.49% | | 600316 | 洪都航空 | -1.17% | 3.40% | | 600118 | 中国 星 | 2.05% | 3.39% | | 600879 | 航天电子 | 2.54% | 2.83% | | 688297 | 中无人机 | -1.03% | 2.70% | | 300342 | 天银机电 | 1.03% | 2.60% | | 002151 | 北斗星通 | 0.94% | 2.49% | 截至2026年2月26日，三大指数盘中拉升，低空经济概念小幅拉升，截至 13:18，通用航空ETF华夏(159230)上涨0.88%， 冲击3连涨，其持仓股应流股份涨 停，广联航空上涨5.64%，广电计量上涨3.18%，睿创微纳上 ...

| 序号 | 代码 | 名称 | 申万一级行业 | 涨跌幅 | 估算权重 | | --- | --- | --- | --- | --- | --- | | 1 | 002085 | 万丰奥威 | 汽车 | 0.06% | 5.109 | | 2 | 600316 | 洪都航空 | 国防军工 | -1.46% | 3.839 | | 3 | 002389 | 航天彩虹 | 国防军工 | 0.41% | 3.569 | | 4 | 600038 | 中直股份 | 国防军工 | -0.39% | 3.479 | | ਦ | 300342 | 天银机电 | 家用电器 | 1.71% | 3.329 | | 6 | 300045 | 华力创通 | 国防军工 | 1.67% | 3.029 | | 7 | 600879 | 航天电子 | 国防军工 | 6.28% | 2.969 | | 8 | 600893 | 航发动力 | 国防军工 | -0.75% | 2.879 | | C | CORALO | and the Research and and 100 and 100 and | France of Proper ...

转自：前瞻产业研究院 以下数据及分析来自于前瞻产业研究院计算机仿真研究小组发布的《中国计算机仿真行业发展前景与投 资预测分析报告》 行业主要上市公司：华力创通(300045.SZ)、霍莱沃(688682.SH)、华如科技(301302.SZ)、坤恒顺维 (688283.SH)、视觉中国(000681.SZ)、康拓红外(300455.SZ)、捷安高科(300845.SZ)、永信至诚 (688244.SH)、经纬恒润(688326.SH)等。 本文核心数据：计算机仿真企业竞争格局，计算机仿真市场集中度 1、中国计算机仿真行业竞争梯队 从我国计算机仿真行业企业竞争格局来看，处于第一梯队的企业为航天智装、索辰科技等企业，其计算 机仿真业务营收大于3亿元，在计算机仿真行业多元化布局等方面具有一定优势。其次是华力创通、华 如科技等计算机仿真企业，业务营收在2-3亿元之间。最后是永信至诚等，业务营收在2亿元以下。 注：数据截止到2025年11月29日。 从代表性企业分布情况来看，我国计算机仿真代表企业分布在江苏、上海、北京、四川、河北等地，其 中北京的计算机仿真产业代表性企业较多。 3、中国计算机仿真行业竞争格局 2、中国 ...

Group 1 - The core viewpoint of the article emphasizes the rapid development of China's commercial space industry, highlighting significant advancements in launch frequency, satellite internet, and government support [3][4][5][6]. - In 2025, global space launches reached a record high of 337, a 28% increase from 263 in 2024, with China and the U.S. accounting for 84% of total launches [9][11]. - The establishment of commercial space as a strategic emerging industry in China was marked by its inclusion in the government work report in March 2025 and the formation of the Commercial Space Administration in November 2025 [12][18]. Group 2 - China's commercial space sector is entering an accelerated development phase, with a notable increase in private sector participation and a shift towards commercialization since 2015 [15][16]. - The government has significantly increased policy support for commercial space, transitioning from encouragement to institutional establishment and relaxed access [17][19]. - The cost of satellite launches has decreased, with domestic launch costs dropping from 115,000 yuan/kg in 2020 to 75,000 yuan/kg in 2024, although still higher than SpaceX's Falcon 9 [20]. Group 3 - SpaceX is leading the global commercial space industry, conducting 165 launches in 2025, which is 49% of the total, and plans to go public in 2026 [21][22]. - The development model represented by SpaceX focuses on extreme scalability, cost reduction, and continuous innovation, transforming space technology into practical global services [22][23]. - Other companies like Blue Origin and Virgin Galactic are also entering the commercial space sector, focusing on space tourism [23]. Group 4 - The first major application of future commercial space is low-orbit satellite internet, which is expected to enter the consumer market with services like SpaceX's Starlink Direct to Cell [25][27]. - The market potential for low-orbit satellite internet is vast, with estimates suggesting it could reach trillions in scale, as it targets consumer markets rather than just B2B [28][29]. - The second major application is the deployment of AI data centers in space, leveraging the unique environmental advantages of space for energy efficiency and cooling [33][36].

Core Viewpoint - The company is optimizing its operational management and improving turnover efficiency in response to various industry and project cycle factors [2] Group 1: Operational Management - The company is continuously optimizing operational management and enhancing turnover efficiency due to multiple factors including industry environment and project cycles [2] - The company is strictly adhering to accounting standards for asset impairment and credit impairment [2] Group 2: Business Strategy - The company has established a comprehensive competitive advantage through technology research and development, product systems, market channels, and customer resources [2] - The company is accelerating the transformation of technological achievements and project implementation to convert its leading advantages into operational performance [2] Group 3: Inventory Management - The scale of inventory is primarily influenced by business structure, project delivery cycles, and stocking strategies [2] - The company is strengthening inventory control and market expansion efforts [2] Group 4: Investor Communication - The company commits to responding to investor inquiries in a timely manner according to relevant regulations to ensure effective communication with investors [2]

Group 1 - The commercial aerospace sector is experiencing significant developments, which may catalyze stocks like Huali Chuangtong (300045) [1] - The China Academy of Launch Vehicle Technology established a commercial aerospace industrial base in Wenchang, aiming to promote the industry [1] - CITIC Securities predicts that 2026 will mark the beginning of commercialization in the aerospace industry, with reusable rocket technology and space computing expected to accelerate [1] Group 2 - Huali Chuangtong's stock price has decreased by 3.47% over the past week, with a trading range fluctuation of 5.67% [2] - The latest closing price is 26.73 yuan, with a slight increase of 0.11% on the last trading day; however, there has been a net outflow of 101.38 million yuan from main funds recently [2] Group 3 - The company's Q3 2025 report shows improved fundamentals, with revenue of 564 million yuan, a year-on-year increase of 26.32%, and a net profit of 9.39 million yuan, marking a turnaround with a growth of 132.60% [3] - The revenue for Q3 alone reached 232 million yuan, a staggering increase of 193.02%, driven by growth in satellite applications and simulation testing orders [3] - The gross margin stands at 30.26%, although it has decreased by 15.73 percentage points year-on-year, indicating a need for attention on cost control [3] Group 4 - CITIC Securities emphasizes that the commercial aerospace sector is entering a rapid development phase under the support of the 14th Five-Year Plan, with applications like low-orbit satellite constellations and mobile direct satellite connections likely to enhance industry demand [4] - Although the report does not directly comment on Huali Chuangtong, the company is positioned to benefit from the industry's improved outlook due to its technological accumulation in satellite navigation and control [4] Group 5 - The impact of commercial aerospace policies and events significantly drives short-term sentiment, combined with pressure from stock dynamics, which may lead to recent volatility [5] - Financial data provides fundamental support, but the sustainability of profitability remains to be observed [5]

Core Viewpoint - The company emphasizes its commitment to investor relations and aims to enhance its intrinsic value while focusing on its core business operations [2] Group 1: Investor Relations - The company is actively managing investor relations and maintaining regular communication with investors [2] - The impact of various market factors on institutional shareholding is acknowledged, and the company plans to concentrate on its main business [2] Group 2: Business Focus and Management - The company intends to strengthen its operational management and improve efficiency to deliver better performance for investors [2] - Clarification is provided that the board member Wang Qi is not the same individual as the shareholder Wang Qi disclosed in the 2025 Q3 report of Harbin Investment Group [2] - Future announcements regarding the non-public issuance will be disclosed in subsequent company announcements [2]

Core Viewpoint - The company, Huali Chuantong (300045), has stated that it will strictly adhere to legal regulations and supervisory requirements in disclosing the progress of issuing A-shares to specific investors, and investors are advised to pay attention to subsequent announcements [1] Group 1 - The company is responding to investor inquiries regarding its A-share issuance plans [1] - The company emphasizes compliance with legal and regulatory standards in its disclosures [1] - Future announcements will provide updates on the A-share issuance process [1]

Group 1 - The core point of the article is that Huazhi Chuantong (300045) reported a total of 110,116 shareholders as of December 31, 2025 [1]

Group 1 - The General Aviation ETF (159378) closed down 0.62% at 1.448 yuan with a trading volume of 20.13 million yuan [1] - Key holdings in the General Aviation ETF include Wan Feng Ao Wei down 0.45%, Aerospace Rainbow down 1.26%, and China Satellite down 2.37% [1] - The ETF's performance benchmark is the National General Aviation Industry Index return rate, managed by Yongying Fund Management Company [1] Group 2 - Since its inception on January 2, 2025, the General Aviation ETF has returned 45.48%, while its return over the past month is -5.56% [1]