华伍股份：公司商业航天业务尚处于起步阶段，属于战略性布局，目前对公司整体业绩影响较小

Core Viewpoint - The company is actively developing its business in the commercial aerospace sector through its subsidiary, Ande Technology, which has established strategic partnerships with major domestic aerospace manufacturers and is focusing on emerging opportunities in commercial space [1] Group 1: Business Development - Ande Technology is a key player in the aerospace segment, engaged in the research, manufacturing, and sales of aerospace equipment and components [1] - The company has become a strategic supplier for a major domestic aircraft manufacturer and has built long-term stable relationships with several large domestic aerospace manufacturers [1] Group 2: Strategic Focus - The company is prioritizing the commercial space sector as a future development direction, actively pursuing strategic layouts and business negotiations in this area [1] - Current focus areas include structural components for space rockets and engine parts, leveraging existing aerospace technology advantages and production capacity for business expansion [1] Group 3: Market Position and Challenges - The commercial space business is still in its early stages and has a minimal impact on the company's overall performance at this time [1] - Development in this sector is subject to multiple uncertainties, including technological breakthroughs, market acceptance, return on R&D investment, and industry policies, which may lead to initial investment losses and unmet expectations in new product development [1]