人民财讯12月11日电，超捷股份（301005）12月11日在电话会议中表示，公司商业航天业务已于2025年 实现产品的稳定小批量交付，并初步形成小幅盈利。展望未来2—3年，随着主要客户火箭型号逐步完成 技术定型，行业整体进入批量化阶段，市场需求有望显著提速。在此背景下，公司预计2026年商业航天 相关业务营收将实现较快增长，同时受益于生产效率提升、规模效应显现及工艺成熟度提高，整体盈利 水平亦有望较2025年进一步改善。公司将持续聚焦产能建设与交付能力建设，积极把握商业航天高景气 发展带来的市场机遇。 ...

人民财讯12月11日电，就"公司在商业航天业务领域其他客户的拓展情况"，超捷股份（301005）12月11 日在电话会议中表示，目前，除已合作的几家头部民营火箭企业外，公司正积极拓展商业航天领域的其 他潜在客户，并已取得实质性进展，成功获取了新客户的订单。结合当前行业快速发展态势及公司客户 开发节奏，预计将于明年一季度起陆续有新客户进入批量合作阶段，并签署新的订单。 ...

| | 特定对象调研 分析师会议 | | --- | --- | | 投资者关系活动 | 媒体采访 业绩说明会 | | 类别 | 新闻发布会 路演活动 | | | 现场参观 其他 电话会议 | | 参与单位名称及人员 | | | 姓名 | 详见附件：参与单位名称及人员名单 | | 时间 | 2025年12月11日 下午16:30-17:00 | | 地点 | 电话会议 | | 上市公司接待人员 | 1、公司董事会秘书、财务总监 李红涛 | | 姓名 | 2、公司证券事务代表 刘玉 | | | 1、目前公司在商业航天业务领域配套的产品、客户以及价 | | | 值量情况介绍。 | | | 商业航天业务领域广阔，目前业务主要为商业火箭箭体结构 | | | 件制造，包括箭体大部段（壳段）、整流罩、燃料贮箱、发动机 | | | 阀门等。客户涵盖国内多家头部民营火箭公司。 | | | 目前市场上主流尺寸的一枚商业火箭成本中结构件占比在 | | | 25%左右。今年已经陆续小批量交付客户产品，按目前已经交付 | | | 的产品来看，一枚火箭公司的结构件产品价值量约1,500万。 | | | 2、公司商业航天 ...

Market Overview - As of December 10, the Shanghai Composite Index closed at 3900.50 points, down by 9.03 points, a decrease of 0.23% [1] - The Shenzhen Component Index closed at 13316.42 points, up by 39.06 points, an increase of 0.29% [1] - The ChiNext Index closed at 3209.00 points, down by 0.60 points, a decrease of 0.02% [1] Trading Activity - A total of 93 A-shares had a turnover rate exceeding 20% on December 10 [1] - Notable stocks with high turnover rates included: - C Baiao (688796) with a turnover rate of 75.80% and a price increase of 146.63% [1] - De Yi Culture (300640) with a turnover rate of 57.78% and a price increase of 9.88% [1] - Longzhou Co. (002682) with a turnover rate of 55.52% and a price increase of 9.96% [1] - C Moore-U (688795) with a turnover rate of 51.93% and a price increase of 16.98% [1] - Shen Nong Agriculture (300189) with a turnover rate of 51.33% and a price increase of 20.07% [1] Individual Stock Performance - C Baiao (688796) closed at 65.80 yuan, showing a significant increase [1] - De Yi Culture (300640) closed at 9.79 yuan, reflecting a positive performance [1] - Longzhou Co. (002682) closed at 10.49 yuan, also showing a positive trend [1] - C Moore-U (688795) closed at 735.00 yuan, indicating strong market interest [1] - Shen Nong Agriculture (300189) closed at 6.88 yuan, demonstrating a solid increase [1]

12月9日，超捷股份大宗交易成交3.2万股，成交额204.16万元，占当日总成交额的0.1%，成交价63.8 元，较市场收盘价75.48元折价15.47%。 | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 (万元) | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | | | | | 2025-12-09 | 301005 | 超捷股份 | 63.80 | 3.20 | | 204.16 中信证券股份有限 | 国金证券股份有限 | | | | | | | | 公司徐州建国西路 | 公司上海静安区南 | | | | | | | | 证券营业部 | 京西路证券营业部 | ...

Group 1 - On December 8, a total of 12 companies were investigated by institutions, with 10 of them being surveyed by funds, highlighting a significant interest in Hengtong Optic-Electric, which attracted 12 fund participants [1] - The surveyed companies included 2 from the main board of the Shenzhen Stock Exchange, 6 from the ChiNext board, and 2 from the main board of the Shanghai Stock Exchange, indicating a diverse representation across different market segments [1] - The companies under investigation spanned 7 industries, with the electronics, machinery equipment, and pharmaceutical sectors having the highest representation, each featuring 2 stocks [1] Group 2 - Among the surveyed companies, 2 had a total market capitalization exceeding 50 billion yuan, while 7 had a market capitalization below 10 billion yuan, including companies like Yingli Co., Ltd., Yalian Machinery, and Taili Technology [1] - In terms of market performance, 4 out of the surveyed stocks increased in value over the past 5 days, with the highest gains seen in Boin Special Welding (26.53%), Chaojie Co., Ltd. (17.69%), and Taili Technology (1.68%); conversely, 6 stocks experienced declines, with the largest drops in China Merchants Energy (-13.66%), Zhongsheng Pharmaceutical (-9.67%), and Yingli Co., Ltd. (-2.72%) [1]

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]

（文章来源：每日经济新闻） 每经AI快讯，12月9日，卫星导航板块短线拉升，龙洲股份涨停，陕西华达涨超10%，新雷能、超捷股 份、乾照光电、佳缘科技、雷科防务等跟涨。 ...

Core Viewpoint - The commercial aerospace sector in China is experiencing a significant surge, driven by recent successful rocket launches and favorable policy developments, leading to a collective rally in related stocks [1][2][4]. Group 1: Stock Performance - Stocks related to commercial aerospace have seen substantial gains, with companies like Shunhao Co. and Longzhou Co. achieving multiple consecutive trading limits [1][2]. - Notable stocks such as Aerospace Power and Aerospace Engineering reached their daily limits, reflecting strong market interest in aerospace-related investments [1][2]. Group 2: Recent Developments - Recent successful launches, including the Zhuque-3 rocket and the Kuaizhou-1A rocket, mark significant milestones in China's commercial space endeavors [1][2]. - The "Thousand Sails Constellation" project has reported positive results in its in-orbit business tests, indicating progress in satellite internet applications [2]. Group 3: Industry Outlook - The establishment of a dedicated Commercial Aerospace Administration signifies a new phase in the sector, aiming to enhance regulatory frameworks and promote high-quality development [4][5]. - The industry is expected to benefit from advancements in reusable rocket technology, which could lower launch costs and transform the commercial aerospace economic model [4][5]. - The number of commercial aerospace companies in China has surpassed 600, indicating a growing and competitive landscape [4]. Group 4: Future Opportunities - The commercial aerospace industry is anticipated to become a key focus in China's 14th Five-Year Plan, with ongoing support and regulatory improvements expected to create systemic growth opportunities [5]. - Analysts suggest that the sector will see a positive cycle of demand, cost reduction, and application expansion, particularly in satellite manufacturing and launch services [4][5].

Core Viewpoint - The commercial aerospace sector presents significant opportunities, with the company focusing on manufacturing structural components for commercial rockets, including major segments like shells, fairings, fuel tanks, and engine valves [1] Group 1: Business Overview - The company has completed production line construction in 2024 and serves several leading private rocket companies in China [1] - The supply of rocket structural components is identified as a bottleneck in the commercial aerospace industry, with a favorable competitive landscape [1] Group 2: Market Dynamics - If the commercial aerospace sector develops smoothly next year, capacity bottlenecks are expected to become more pronounced [1] - The company is currently progressing well in the commercial aerospace field, producing and delivering products according to orders, having achieved bulk deliveries of shells and fairings [1] - There is a sufficient order backlog for rocket structural components, indicating strong demand [1]