航天军工板块强势走高，半导体产业链走强，四创电子直线拉涨停

Market Overview - The A-share market experienced slight fluctuations on May 22, with the Shanghai Composite Index down 0.03%, the Shenzhen Component Index down 0.24%, and the ChiNext Index down 0.37% [2][3]. Aerospace and Defense Sector - The aerospace and defense sector showed strong performance, with stocks like Sichuan Aerospace Industry Group Co., Ltd. and Guorui Technology Co., Ltd. hitting the daily limit [5][6]. - The demand for high-end military equipment is increasing due to modern military conflicts, as highlighted by the recent India-Pakistan conflict and ongoing geopolitical tensions [7]. Semiconductor Industry - The semiconductor industry also saw significant gains, with stocks such as Hitec Products Co., Ltd. and Pairui Co., Ltd. experiencing notable increases [8]. - The global semiconductor market is expected to continue its optimistic growth trajectory, driven by AI and domestic substitution efforts [8][9]. Company Performance - XPeng Motors reported a revenue of 15.81 billion yuan for Q1 2025, a year-on-year increase of 141.5%, exceeding market expectations [11].