GLAVI(SZ:300900) Jin Rong Jie·2025-12-25 01:57Core Viewpoint - The commercial aerospace sector is experiencing a significant surge, driven by favorable policies, technological advancements, and increasing demand for new applications such as "space computing" [2][3]. Group 1: Market Performance - The commercial aerospace sector saw active trading, with 10 stocks hitting the daily limit up, including Guanglian Aviation, which rose by 19.99% to 31.21, and Gaohua Technology, which increased by 14.23% to 49.86 [1][2]. - Other notable performers included Chaojie Co., which rose by 14.11%, and several companies like Boyun New Materials and Tian'ao Electronics, which also saw gains exceeding 10% [1][2]. Group 2: Industry Developments - Recent positive developments in the commercial aerospace sector include the successful launch of the Long March 12 rocket, which provided critical data for future technological iterations, despite not meeting all recovery expectations [3]. - The completion of the IPO guidance for Blue Arrow Aerospace marks a significant step for private aerospace companies in accessing capital markets, particularly in the liquid oxygen-methane rocket sector [3]. - The establishment of a Commercial Aerospace Department by the National Space Administration aims to optimize industry policies and regulatory environments, providing institutional support for sector growth [3]. Group 3: Affected Sectors - The launch vehicle manufacturing and materials sector is crucial for commercial aerospace, requiring high-performance materials and precision components, which will benefit from the growing demand for commercial launches [4]. - The satellite industry chain, encompassing design, manufacturing, and operational services, is expected to see increased orders due to the rising demand for low-orbit satellite constellations and applications in communication, navigation, and remote sensing [4]. - The commercial launch services sector is becoming increasingly important as private aerospace companies mature, leading to lower launch costs and a rise in commercial launch orders, benefiting companies with established launch capabilities [4]. - The aerospace electronics and software sector is also poised for growth, driven by the increasing complexity of aerospace missions and the demand for high-performance electronic components and customized software solutions [5].