China Spacesat(SH:600118) Xin Lang Cai Jing·2025-10-31 06:22Group 1 - The core point of the news is that China Satellite experienced a decline of 5.12%, with its stock price at 42.27 yuan per share and a trading volume of 2.982 billion yuan, resulting in a total market capitalization of 49.984 billion yuan [1] - China Satellite's main business involves aerospace manufacturing and satellite applications, with revenue composition being 97.01% from aerospace manufacturing and satellite applications, 1.71% from other sources, and 1.28% from leasing income [1] Group 2 - Huabao Fund has a significant holding in China Satellite, with its Huabao National General Aviation Industry ETF (159231) holding 65,300 shares, accounting for 2.36% of the fund's net value, ranking as the tenth largest holding [2] - The estimated floating loss for the fund today is approximately 148,900 yuan [2] - The Huabao National General Aviation Industry ETF (159231) was established on April 18, 2025, with a current size of 102 million yuan and a cumulative return of 19.88% since inception [2] Group 3 - The fund managers of Huabao National General Aviation Industry ETF are Zhang Fang and Cao Xucheng, with Zhang having a tenure of 4 years and 277 days and a total asset scale of 2.66 billion yuan, achieving a best return of 68.37% and a worst return of -23.7% during his tenure [3] - Cao Xucheng has a tenure of 163 days with a total asset scale of 35.182 billion yuan, achieving a best return of 101.63% and a worst return of 7.72% during his tenure [3]