恒玄科技：12月4日召开董事会会议

Group 1 - The core viewpoint of the article is that Hengxuan Technology (SH 688608) held its third board meeting on December 4, 2025, to discuss related party transactions and investments with its wholly-owned subsidiary [1] - For the year 2024, Hengxuan Technology's revenue composition is entirely from integrated circuits, accounting for 100.0% [1] - As of the report date, Hengxuan Technology has a market capitalization of 38.9 billion yuan [1] Group 2 - The article mentions advancements in China's commercial aerospace sector, particularly in cost reduction and reusability, indicating a competitive landscape with multiple companies following suit after Zhuque [1]