华伍股份：商业航天业务尚处起步和布局阶段 未形成实质性订单或完成销售

Group 1 - The company is currently focusing on core products such as aerospace rocket body components and engine parts, engaging in technical, manufacturing, and business discussions with potential clients to facilitate future cooperation and order placement [1] - The commercial aerospace business is still in its initial stages and is considered a long-term strategic cultivation effort, with no substantial orders or sales formed yet, resulting in a minimal impact on the company's overall operating performance [1] - The development of this business faces multiple uncertainties, including the need for technological breakthroughs, market acceptance, return on R&D investment, and changes in industry policies, which may lead to risks such as initial investments not meeting expectations and slower-than-planned progress in new product development [1]