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Industry Overview - The commercial aerospace sector has seen renewed activity, with companies like Feiwo Technology rising over 18% and others such as Guanglian Aviation and Changguang Huaxin increasing by more than 10% [1] - The establishment of the Commercial Aerospace Department by the National Space Administration marks the first dedicated regulatory body for China's commercial aerospace industry [1] Regulatory Developments - The National Space Administration has issued the "Action Plan for Promoting High-Quality and Safe Development of Commercial Aerospace (2025-2027)," aiming for a significantly expanded industry scale and enhanced innovation by 2027 [1] - The core mission of the new department is to ensure safety while unlocking the vast potential of the commercial aerospace sector [1] Market Potential - The number of commercial aerospace companies in China has exceeded 600, indicating a rapidly growing industry [1] - The commercial aerospace sector is expected to become a key development direction in the national "14th Five-Year Plan," with systemic development opportunities arising from improved regulatory frameworks and supportive policies [1]