Group 1 - The company, Shanghai Hanxun, is responsible for the G60 constellation communication subsystem, which includes the development and delivery of satellite communication payloads, as well as providing ground stations and satellite communication terminals [1] - The company is actively monitoring collaboration opportunities within the commercial aerospace industry [1] - Specific customer and project information will be disclosed in the company's regular reports and announcements [1]

证券日报网讯1月12日，上海瀚讯（300762）在互动平台回答投资者提问时表示，公司目前暂未开展脑 机接口相关业务。公司长期聚焦于特种宽带通信及低轨卫星领域，致力于为行业客户提供高可靠通信解 决方案。 ...

沪指1月12日上涨1.09%，申万所属行业中，今日上涨的有28个，涨幅居前的行业为传媒、计算机，涨 幅分别为7.80%、7.26%。国防军工行业位居今日涨幅榜第三。跌幅居前的行业为石油石化、煤炭、房 地产，跌幅分别为1.00%、0.47%、0.29%。 资金面上看，两市主力资金全天净流出274.68亿元，今日有11个行业主力资金净流入，计算机行业主力 资金净流入规模居首，该行业今日上涨7.26%，全天净流入资金157.74亿元，其次是传媒行业，日涨幅 为7.80%，净流入资金为53.91亿元。 国防军工行业资金流出榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 600879 | 航天电子 | 10.00 | 12.24 | -65618.93 | | 300762 | 上海瀚讯 | 9.02 | 23.19 | -63067.46 | | 601698 | 中国卫通 | 10.00 | 6.22 | -59726.94 | | 002625 | 光启技术 | 3.90 | 4.25 | -48 ...

Core Viewpoint - Shanghai Hanxun (300762.SZ) has not yet engaged in brain-computer interface related business and continues to focus on special broadband communication and low-orbit satellite fields, providing reliable communication solutions for industry clients [1] Group 1 - The company currently does not have any operations related to brain-computer interfaces [1] - The company's long-term focus is on special broadband communication and low-orbit satellite sectors [1] - The company aims to provide high-reliability communication solutions for its industry clients [1]

Group 1 - The company, Shanghai Hanxun (300762.SZ), has not yet engaged in brain-computer interface related business [1] - The company focuses on special broadband communication and low-orbit satellite fields [1] - The company is committed to providing high-reliability communication solutions for industry clients [1]

1月12日，上海瀚讯涨5.12%，截至发稿，报53.61元/股，成交3.02亿元，换手率0.90%，总市值336.65亿 元。 资料显示，上海瀚讯信息技术股份有限公司位于上海市嘉定区鹤友路258号，成立日期2006年3月20日， 上市日期2019年3月14日，公司主营业务涉及公司主要从事行业宽带移动通信设备的研发、制造、销售 及工程实施。主营业务收入构成为：宽带移动通信设备99.62%，其他产品0.38%。 从上海瀚讯十大流通股东角度 截至发稿，赵宗庭累计任职时间8年273天，现任基金资产总规模3558.65亿元，任职期间最佳基金回报 122.22%， 任职期间最差基金回报-32.63%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 数据显示，华夏基金旗下1只基金位居上海瀚讯十大流通股东。华夏中证1000ETF（159845）三季度减 持5500股，持有股数341.27万股，占流通股的比例为0.54%。根据测算，今日浮盈赚取约890.72万元。 华 ...

Core Viewpoint - The aerospace ETF Tianhong (159241) has shown significant market activity, with a turnover of 34.03% and a trading volume of 216 million yuan, reflecting strong investor interest in the aerospace sector [1]. Group 1: ETF Performance - As of January 9, 2026, the aerospace ETF Tianhong (159241) tracked the National Aerospace Industry Index (CN5082), which surged by 4.44%, with constituent stocks such as Huayin Technology (688281) rising by 18.92% and Guoke Military Industry (688543) by 18.01% [1]. - Since the "924" market rally, the National Aerospace Industry Index has increased by 108.78% [1]. - On the previous Friday, the aerospace ETF Tianhong (159241) experienced a net subscription of 54 million units, indicating strong capital inflow [1]. Group 2: Product Highlights - The aerospace ETF Tianhong (159241) is designed to efficiently capture core military aerospace opportunities, with a military attribute ratio of 97.86%, making it the highest military content index in the market [3]. - The weight of aerospace equipment in the ETF is notably high at 66.8%, surpassing other indices such as the CSI Military and CSI Defense indices [3]. Group 3: Industry Developments - China has applied for over 200,000 satellite frequency resources, indicating a strategic national initiative to accelerate its satellite capabilities and compete with SpaceX [4]. - According to Guojin Securities, the construction of satellite internet is driving strong demand for commercial rockets, with plans to launch a total of 44,816 satellites, leading to an estimated annual need for approximately 8,963 satellite replacements [5]. - The commercial rocket industry in China is entering a new phase of engineering and industrialization, supported by government policies and the initiation of IPO processes for several commercial rocket companies [5].

Group 1: Satellite Industry Overview - The satellite internal structure is divided into satellite platforms and payloads, with platforms providing necessary support for payloads to achieve mission objectives[4] - Effective payloads are the instruments and systems that perform specific tasks on satellites, primarily including antenna subsystems and transponder subsystems for communication satellites[5] - The satellite attitude control system consists of sensors, controllers, and actuators to maintain the satellite's orientation and stability[24] Group 2: Investment Opportunities - Key beneficiaries in the satellite industry include companies involved in attitude control (e.g., Tianyin Electromechanical, Aerospace Zhizhuang) and TR components (e.g., Zhenlei Technology, Chengchang Technology)[5] - The market performance of small-cap indices like the CSI 1000 and CSI 500 has outperformed large-cap indices such as the SSE 50 and CSI 300 this week[6] - New shares listed this week include 1 company on A-shares and 6 companies on the Hong Kong Stock Exchange, indicating a vibrant IPO market[6] Group 3: Market Trends and Recommendations - The report highlights investment themes in smart vehicles and high-end manufacturing, recommending stocks such as Hu Guang Co., Ruihu Mould, and Aopute[7] - The satellite industry is expected to benefit from advancements in low-orbit satellite payloads, particularly in transponders and phased array antennas, which are crucial for communication satellites[70] - The cost structure of low-orbit communication satellites shows that payloads account for approximately 75% of costs, with antennas and TR components being the major contributors[51]

Core Viewpoint - The military electronics sector experienced a significant increase of 3.56% on January 9, with Shanghai Hanxun leading the gains, while the overall Shanghai Composite Index rose by 0.92% and the Shenzhen Component Index increased by 1.15% [1]. Group 1: Stock Performance - Shanghai Chaoxun (300762) closed at 51.00, up 15.23% with a trading volume of 1.6251 million shares and a transaction value of 7.894 billion [1]. - New Light Optoelectronics (688011) closed at 70.50, up 15.20% with a trading volume of 92,500 shares and a transaction value of 607 million [1]. - Guanshang Technology (301213) closed at 94.95, up 13.04% with a trading volume of 109,100 shares and a transaction value of 963 million [1]. - Yuanbo Electronics (688375) closed at 129.99, up 12.91% with a trading volume of 167,900 shares and a transaction value of 2.09 billion [1]. - New Jingang (300629) closed at 28.80, up 8.80% with a trading volume of 658,100 shares and a transaction value of 1.798 billion [1]. Group 2: Capital Flow - The military electronics sector saw a net outflow of 2.585 billion from institutional investors, while retail investors contributed a net inflow of 2.395 billion [2][3]. - The top stocks by net inflow from retail investors included Torch Electronics (603678) with 89.01 million and Huali Chuangtong (300045) with 116 million [3]. - Institutional investors showed a significant net inflow in stocks like AVIC Chengfei (302132) with 256 million, while experiencing outflows in others like Torch Electronics [3].

Core Viewpoint - The A-share market continues to rise, with the Shanghai Composite Index surpassing the 4100-point mark for the first time in 10 years, indicating a significant bullish trend in the market [1][3]. Market Performance - The Shanghai Composite Index reached 4110.37, up 27.39 points or 0.67% - The Shenzhen Component Index rose to 14097.44, increasing by 137.95 points or 0.99% - The ChiNext Index climbed to 1787.39, up 20.82 points or 1.18% - The total trading volume in the market was 1.75 trillion, with a predicted increase to 3.12 trillion, up by 291.1 billion [2]. Sector Performance - The defense and military industry led the market with a nearly 4% increase, with stocks like Huayin Technology and Guoke Military reaching a 20% limit up [3]. - The non-ferrous metals sector also performed well, with a rise of over 2%, featuring stocks like Yunnan Zhiye and Antai Technology hitting the limit up [4]. - The machinery equipment sector saw a significant increase of over 2%, with stocks such as Jizhi Co. and Shaoyang Hydraulic reaching the limit up [5]. Notable Stocks - Huayin Technology (688281) at 93.47, up 20.00% - Guoke Military (688543) at 75.96, up 20.00% - Shanghai Hanyun (300762) at 51.65, up 16.70% - Jizhi Co. (300553) at 47.86, up 20.01% - Shaoyang Hydraulic (301079) at 59.52, up 20.00% [4][6]. ETF Performance - Several ETFs related to "satellite" and "rare earth" sectors experienced significant gains, with increases exceeding 5% [8]. Risk Alerts - Companies like Zhite New Materials and Hongxun Technology have issued risk alerts due to abnormal stock price fluctuations, indicating potential volatility and divergence from fundamental values [12][13].