Xin Lang Cai Jing·2025-12-14 11:37Core Viewpoint - The commercial aerospace concept is gaining traction, with Shunhao Co., Ltd. experiencing significant stock price fluctuations and announcing that its current business does not synergize with its investment in Beijing Orbit Chengguang Technology Co., Ltd. [1][5] Group 1: Company Overview - Shunhao Co., Ltd. has invested 110 million yuan in Orbit Chengguang, acquiring a 19.30% stake, with the expectation that the business will take 5 to 10 years to develop competitive advantages in the space data center sector [2][6] - The company reported a net profit of 67.31 million yuan for the first three quarters of 2025, a year-on-year increase of 20.29%, while its non-recurring net profit decreased by 61.12% to 22.13 million yuan [3][7] Group 2: Market Performance - From November 28 to the present, Shunhao Co., Ltd. has achieved 7 trading limit-ups in 11 trading days, with a cumulative increase of 118.49% and a market capitalization increase of 9.169 billion yuan, bringing the total market value to 16.9 billion yuan [3][7] - As of the announcement date, the rolling price-to-earnings ratio of Shunhao Co., Ltd. is 298 times, significantly higher than the industry average [3][7] Group 3: Industry Insights - The space computing sector is becoming a strategic focus for reshaping the future digital infrastructure, with plans to deploy gigawatt-level space data centers in the morning and evening orbits in three phases [4][8] - The global competition in space resources and space computing architecture is intensifying, with companies like SpaceX leading the way in establishing low-latency space networks [4][8]