GLAVI(SZ:300900) Xin Lang Cai Jing·2025-12-16 08:36Group 1 - The company is strategically positioning itself in rocket and satellite manufacturing, benefiting from the accelerated development of commercial aerospace [1] - In the rocket sector, the company plans to acquire 51% of Tianjin Yuefeng by May 2025, which specializes in processing rocket storage tanks and has advanced welding equipment [1] - Tianjin Yuefeng's output reached 41 million yuan in Q1 2025, a 50% year-on-year increase, driven by the explosive growth in China's rocket demand [1] Group 2 - The company is involved in the development of composite materials and structural components for the C919 and C929 aircraft, with a contract worth 105 million yuan for C929 composite tooling [2] - A strategic cooperation agreement was signed with Shanghai Lingang New Area to promote collaborative projects in the aviation industry [2] - The company is also focusing on large UAV assembly capabilities, having signed a contract worth 55.78 million yuan for composite wings of a large fixed-wing UAV [2] Group 3 - The company is exploring innovative applications of composite materials in unmanned vessels and submarines, aiming to enhance performance and fuel efficiency [3] - The company is expected to generate revenues of 1.119 billion yuan, 1.294 billion yuan, and 1.564 billion yuan from 2025 to 2027, with corresponding net profits of 40 million yuan, 113 million yuan, and 183 million yuan [3] - The company is positioned as a core supplier of aviation tooling and components, focusing on high-value-added composite parts and expanding into emerging strategic areas [3]