“朱雀三号”即将首飞，商业航天板块再度活跃，航空航天ETF（159227）规模创新高

Group 1 - The A-share market experienced slight fluctuations on November 28, with the commercial aerospace sector becoming active again, particularly in satellite internet and satellite navigation concepts, leading to a rise in the aerospace ETF (159227) by 0.54% with a trading volume of 88.72 million yuan, maintaining its position as the top performer in its category [1] - The commercial aerospace sector is seeing a series of catalysts, including the upcoming maiden flight of Beijing Blue Arrow Aerospace's Zhuque-3 rocket scheduled for November 29, and the National Space Administration's action plan for promoting high-quality and safe development of commercial aerospace from 2025 to 2027, aiming for significant industry growth and efficient collaboration by 2027 [1] - Southwest Securities highlighted the "14th Five-Year Plan" which suggests accelerating the development of the aerospace and low-altitude economy industries, with various regions implementing policies to support low-altitude economic development, and state-owned enterprises establishing low-altitude economic companies [1] Group 2 - The aerospace ETF (159227) closely tracks the Guozheng Aerospace Index, with a high military industry representation of 98.2%, covering key sectors such as aerospace equipment, satellite navigation, and new materials, with commercial aerospace concepts accounting for 54% of its weight [2] - The General Aviation ETF (159230) tracks the Guozheng General Aviation Industry Index, focusing on the low-altitude economy and covering industries related to materials, infrastructure, aircraft manufacturing, and operational services, with a low-altitude economy content of 50.75% [2]