Xin Lang Cai Jing·2026-01-02 01:36Core Viewpoint - JinWind Technology (02208) saw its stock price rise by 5.82% to HKD 14.19, with a trading volume of HKD 15.606 million, following the news of Blue Arrow Aerospace's IPO application acceptance on the Sci-Tech Innovation Board, marking a significant step for commercial space ventures in China [1][5]. Group 1 - Blue Arrow Aerospace's IPO application has been accepted, aiming to become the "first commercial rocket stock" on the Sci-Tech Innovation Board [1][5]. - The company is currently in a loss-making state and plans to adopt the fifth set of listing standards for its IPO, which now includes the commercial aerospace sector [1][5]. - JinWind Technology holds an 8.3% stake in Blue Arrow Aerospace, indicating a strategic investment in the burgeoning commercial space industry [1][5]. Group 2 - Blue Arrow Aerospace was established in 2015 and is one of the first private commercial rocket companies in China [1][5]. - In 2023, Blue Arrow's Zhuque-2 rocket successfully entered orbit, becoming the world's first liquid methane rocket to achieve this milestone [1][5]. - The Zhuque-3 rocket is scheduled for its first flight test from October 18 to 20, 2025, at the Dongfeng Commercial Aerospace Innovation Test Area [1][5].