资本市场力撑“硬科技” 商业航天企业密集闯关A股IPO

Group 1 - The core viewpoint of the articles highlights the increasing support and opportunities for commercial aerospace companies in China, particularly with the recent policy changes allowing unprofitable companies to list on the Sci-Tech Innovation Board and the launch of the third set of standards for the ChiNext board [1][2][3] - Yixin Aerospace, established in January 2018, focuses on the research and development of micro-satellite payloads and ground control systems, and has delivered over 500 aerospace electronic products since its headquarters was established in Wuxi High-tech Zone in 2021 [2] - Yixin Aerospace's satellite IoT payloads have been applied to multiple domestic satellite IoT constellations, collecting and transmitting over 10 billion messages annually, with the first batch of payloads having been operational for over 7 years [2] Group 2 - Blue Arrow Aerospace, the first private launch vehicle company in China to achieve successful orbit with a self-developed liquid engine, has also initiated its IPO counseling, indicating a growing trend of private companies entering the commercial aerospace sector [2] - The commercial aerospace industry in China encompasses a complete industrial chain, including research and manufacturing, launch and operation, and satellite operation and application services [2] - Recent regulatory changes, such as the new quality regulations from the National Space Administration, are pushing companies towards a dual focus on technology and management, which is expected to accelerate industry restructuring [3]