Xuan Gu Bao·2025-10-27 14:49Group 1 - Tianlong-3 large liquid launch vehicle successfully completed the "one arrow 36 stars" separation test, marking the first domestic achievement of 36 satellites separating simultaneously, setting a record for the highest number of satellites in a single application scenario [1] - The breakthrough in the star-arrow separation system will support Tianlong-3 in achieving international standards in reliability and cost, providing reliable, efficient, and low-cost launch services for low-orbit satellite constellation networking tasks [1] - Huatai Securities indicates that the commercial aerospace sector is experiencing a triple inflection point in policy, performance, and technology, with the 14th Five-Year Plan emphasizing the goal of building a strong aerospace nation [1] Group 2 - Shaanxi Huada's three major product categories are applied in the commercial aerospace field, maintaining an industry-leading position and supporting key national aerospace projects such as Xingwang and Qianfan Constellation [2] - China Satellite actively participates in the development of the commercial aerospace industry, focusing on satellite internet and contributing to the development and supply of satellite payloads, solar cells, ground control station baseband processing equipment, and various communication and navigation terminal products [2]