国产可复用火箭集中冲刺首飞，产业发展驶入快车道，聚焦航空航天ETF（159227）布局机会

Core Insights - The Aerospace ETF (159227) has seen a 1.83% increase as of December 5, with significant gains from holdings such as Guolian Aviation, which rose over 12% [1] - The ETF has experienced a growth of 0.82 billion yuan in size over the past week, indicating strong market interest [1] - Multiple domestic reusable rockets are set for their maiden flights between late November and December, marking a period of technological breakthroughs [1] - Analysts predict that 2025 will be a pivotal year for China's commercial aerospace industry, with advancements in reusable rocket technology and satellite manufacturing leading to increased launch frequency [1] Industry Developments - The successful maiden flight of Blue Arrow Aerospace's Zhuque-3 on November 29, along with upcoming launches from Tianbing Technology and China Aerospace Science and Technology Corporation, highlights the rapid progress in the sector [1] - Wanlian Securities forecasts that the commercial aerospace industry in China will enter a significant acceleration phase in 2025, driven by technological advancements and increased production capacity [1] - The Aerospace ETF closely tracks the National Aerospace Index and is strategically invested in leading military enterprises across various emerging sectors, including large aircraft manufacturing and low-altitude economy [1]