Addsino (SZ:000547) Xin Lang Ji Jin·2025-12-01 11:34Core Viewpoint - The commercial aerospace sector is experiencing a resurgence, positively impacting the defense and military industry, as evidenced by the performance of the representative defense and military ETF (512810) which rose by 1.03% on December 1st, marking two consecutive days of gains [1] Group 1: Market Performance - The defense and military ETF (512810) has recovered key moving averages, including the 5-day, 20-day, and 6-month lines, with a trading volume of 67.12 million yuan, an increase of over 40% compared to the previous period [1] - Notable stocks in the commercial aerospace sector include Guangqi Technology, which saw a 10.01% increase, and Aerospace Development, which rose by 9.99%, with total market capitalizations of 107 billion yuan and 23.8 billion yuan respectively [2] Group 2: Regulatory Developments - The establishment of the "Commercial Aerospace Department" by the National Space Administration aims to oversee the management of the commercial aerospace industry, including launch approvals and operational licenses [3] - The "High-Quality and Safe Development Action Plan for Commercial Aerospace (2025-2027)" outlines the integration of commercial aerospace into the national aerospace framework, targeting a market size of approximately 2.3 trillion yuan by 2024, with a compound annual growth rate of about 22% since 2015 [3] Group 3: Investment Opportunities - The defense and military ETF (512810) serves as an efficient investment tool for core assets in the defense and military sector, covering themes such as commercial aerospace, low-altitude economy, and military AI [4] - The commercial aerospace sector is expected to benefit from increased demand for satellite and rocket capabilities, particularly with the planned construction of a space data center system in the 700-800 km orbit [3]