龙虎榜复盘丨航天继续强势，锂电反弹大涨

Group 1: Institutional Trading Insights - On the institutional trading leaderboard, 46 stocks were listed, with 25 experiencing net buying and 21 facing net selling [1] - The top three stocks with the highest net buying by institutions were Aerospace Development (482 million), Demingli (205 million), and China Satellite (200 million) [1] Group 2: Aerospace Sector Developments - Aerospace Development saw a price increase of 10% with 3 buyers and no sellers [2] - The company North Navigation is a leader in the satellite navigation industry, focusing on products, system applications, and operational services [2] - Tongyu Communication is investing 30 million in Hongqing Technology, a key satellite component enterprise, to strengthen its upstream component layout [2] - The Chinese "Zhuque-3" rocket is in critical verification stages, aiming to replicate cost-reduction pathways in reusable rockets [2] - The Hainan Wenchang Satellite Super Factory, designed to produce 1,000 satellites annually, is expected to be completed by the end of 2025, significantly reducing single-satellite costs [2] Group 3: Lithium Battery Sector Updates - Huayou Cobalt is expanding its business in electrolyte additives and functional lithium salts, coordinating with its lithium hexafluorophosphate operations [4] - Tianqi Lithium's pricing strategy will shift from current standards to referencing Mysteel's battery-grade lithium salt prices or the main contract prices of lithium carbonate futures from the Shanghai Futures Exchange starting January 1, 2026 [4] - Hunan Youneng announced a maintenance period for some production lines starting January 1, 2026, lasting one month [5] - Wanrun New Energy will also undergo planned production cuts for its lithium iron phosphate production lines starting December 28 for one month [5] - Mining Securities anticipates a tight supply-demand balance in the third quarter of 2025, with potential price increases in 2026 due to inventory behaviors during peak seasons [5]