卫星物联网商用试验开启，空天地一体化加速！卫星ETF(159206)、通用航空ETF(159378)活跃！

Core Insights - The launch of satellite IoT business trials by the Ministry of Industry and Information Technology marks a significant step towards commercial operations in China's satellite internet sector, expected to enhance market supply and support the growth of commercial aerospace and low-altitude economy [4][5] - The satellite ETF (159206) and general aviation ETF (159378) are leading the market, reflecting strong investor interest in these sectors, with notable gains in constituent stocks [1][4] Industry Developments - The satellite IoT business trials will last for two years, aiming to enrich the satellite communication market and promote the healthy development of emerging industries [4] - The anticipated issuance of licenses is expected to accelerate the entire industry chain towards large-scale development, enhancing communication capacity and reducing latency for applications like direct satellite connections for mobile phones and low-orbit satellite networks for intelligent driving [4] Investment Opportunities - The satellite ETF (159206) focuses on commercial aerospace and satellite communication, with a strong emphasis on satellite manufacturing, which is expected to see rapid growth under the "aerospace power" initiative [4][5] - The general aviation ETF (159378) targets the low-altitude economy and drone sector, benefiting from the rapid development of integrated air-ground-space systems [5] - Both ETFs are the first of their kind in the market, with the satellite ETF having a scale of 1.373 billion and the general aviation ETF at 889 million as of November 21, 2025 [5]