Core Viewpoint - The company is strategically focusing on satellite applications, particularly in the construction of the BeiDou navigation system and the Tiantong satellite mobile communication system [1] Group 1: Company Strategy - The company is making continuous investments in satellite applications as an important strategic direction [1] - A comprehensive layout has been established in the satellite application field, which includes "chips + modules + terminals + platforms + system solutions" and "industry + products" [1] Group 2: Business Scope - Currently, the company does not engage in rocket launch-related businesses [1]

证券日报网讯 12月11日，华力创通在互动平台回答投资者提问时表示，2025年前三季度，公司归母净 利润较上年同期扭亏为盈，增幅132.60%。目前电动自行车相关的终端芯片产品已完成样机开发，公司 与市场主流厂商已搭建了交流渠道，相关产品已交付厂商开展适配测试，后续将基于适配结果推进产品 性能优化与市场化验证，为后续批量合作奠定基础。公司将持续聚焦主营业务发展，强化内部管理，提 升盈利质量，以更好的业绩回报广大投资者。 （文章来源：证券日报） ...

Core Viewpoint - The company, Huali Chuantong (300045), clarified that it does not have a partnership with Starlink, but maintains close ties with major domestic low Earth orbit satellite constellations [1] Group 1 - The company responded to investor inquiries on an interactive platform [1] - The company is involved in the low Earth orbit satellite sector [1] - The company emphasizes its connections with significant domestic low Earth orbit satellite constellations [1]

证券日报网讯12月11日，华力创通（300045）在互动平台回答投资者提问时表示，商业航天是公司重点 关注的产业方向之一，公司有相关产品和解决方案也面向商业航天领域应用，与部分商业航天公司一直 保持密切沟通和合作。 ...

Group 1 - The core focus of the company is on the commercial aerospace industry, which is one of its key areas of interest [1] - The company has relevant products and solutions aimed at applications in the commercial aerospace sector [1] - The company has maintained close communication and collaboration with several commercial aerospace companies [1]

Group 1 - The core viewpoint of the article is that the company Huazhong Technology (华力创通) has clarified that it does not have any collaboration with Starlink [1] - The company maintains close contact with major domestic low Earth orbit satellite constellations [1]

Core Viewpoint - The company, Huali Chuantong, reported a significant turnaround in its net profit for the first three quarters of 2025, achieving a 132.60% increase compared to the same period last year, indicating a recovery from previous losses [1] Group 1: Financial Performance - The company's net profit attributable to shareholders turned from loss to profit in the first three quarters of 2025, with a growth rate of 132.60% year-on-year [1] Group 2: Product Development - Huali Chuantong has completed the prototype development of terminal chip products related to electric bicycles, establishing communication channels with major manufacturers in the market [1] - The company has delivered related products to manufacturers for compatibility testing, which will lead to performance optimization and market validation based on the testing results [1] Group 3: Strategic Focus - The company will continue to focus on the development of its core business, strengthen internal management, and enhance profitability quality to provide better returns to investors [1]

Core Viewpoint - The General Aviation ETF (159378) has shown a significant increase, reflecting a strong growth trend in the low-altitude economy and drone manufacturing sector in China [1][3]. Group 1: Market Performance - As of December 8, 2025, the General Aviation ETF (159378) rose by 2.22%, marking its third consecutive increase [1]. - Key component stocks such as Tianyin Electromechanical (300342) increased by 11.99%, Aerospace Electronics (600879) by 10.01%, and China Satellite (600118) by 8.49% [1][2]. Group 2: Industry Growth - The low-altitude economy market in China is projected to reach 1.5 trillion yuan by 2025 and is expected to exceed 2 trillion yuan by 2030 [2]. - China holds a 70% share of the global consumer drone market, with 969 companies registered in the civil unmanned aerial vehicle product information system [2][3]. - The first four-seat electric aircraft has received a type certificate from the Civil Aviation Administration of China [2]. Group 3: Policy and Infrastructure - The Central Committee of the Communist Party of China has emphasized accelerating the development of strategic emerging industries, including the low-altitude economy [3]. - Local governments have been expediting the planning of low-altitude flight routes and airspace division since the second half of 2025, with ongoing policy support [3]. - Drones are rapidly expanding in both military and civilian sectors, particularly in logistics and emergency rescue applications [3]. Group 4: Investment Opportunities - The General Aviation ETF (159378) focuses on the low-altitude economy and drone sector, benefiting from the rapid development of integrated air, space, and ground capabilities [3]. - The ETF is the first and largest of its kind in the market, tracking the National Index of General Aviation Industry [3].

每经AI快讯，有投资者在投资者互动平台提问：请问贵司有参与研发AI项目吗？ 华力创通（300045.SZ）12月5日在投资者互动平台表示，公司暂未参与研发AI项目。 （文章来源：每日经济新闻） ...

Group 1: Market Performance - The commercial aerospace sector saw significant gains on December 5, with Guanglian Aviation rising over 10%, Hitec High-tech increasing by more than 7%, and Yingliu Co. up over 6% [1][8] - The General Aviation ETF Huabao (159231) experienced a strong upward movement, closing up 2.62%, recovering its six-month line [1][8] Group 2: Industry Growth - Global commercial aerospace is experiencing robust growth, with the number of launches increasing from 112 in 2020 to 263 projected for 2024, making commercial rockets the mainstay of global launches [6][10] - In China, commercial rocket companies have rapidly developed since 2014, with multiple rocket types achieving consecutive successful launches, and plans for reusable rockets like Zhuque-3 and Tianlong-3 to debut in 2025-2026 [4][10] Group 3: Investment Opportunities - The General Aviation ETF Huabao covers 50 constituent stocks, with over 46% from state-owned enterprises and more than 20% from the top ten military industrial groups, focusing on sectors like low-altitude economy, large aircraft, military aircraft, commercial aerospace, satellite navigation, and drones [6][13] - The ETF is positioned as a tool for investors to access the Chinese aerospace industry chain, benefiting from both domestic demand and military trade [6][13]