Group 1 - The commercial aerospace concept stocks experienced a significant drop after a previous surge, with notable declines in companies such as Goldwind Technology down 8.82% to HKD 14.79, Asia-Pacific Satellite down 5.61% to HKD 3.53, Aerospace Holdings down 4.23% to HKD 0.68, and AVIC Aerospace down 2.59% to HKD 4.13 [1] - Blue Arrow Aerospace has submitted its prospectus for an IPO on the Sci-Tech Innovation Board, aiming to raise CNY 7.5 billion, with CNY 2.77 billion allocated for reusable rocket capacity enhancement and CNY 4.73 billion for technology improvements in reusable rockets [1] - Guolian Minsheng Securities has released a report indicating that by 2026, domestic and international rocket manufacturers are expected to go public, with accelerated launches of low-orbit satellite constellations and the potential for space computing to achieve a "0-1" breakthrough [1] Group 2 - The report suggests focusing on leading companies in the rocket component sector, such as rocket engines and structural components, which may benefit from the financing of rocket manufacturers and the acceleration of technology iteration and capacity expansion [1] - Companies involved in downstream satellite equipment and operations are expected to benefit from the increased launch capacity of private rockets, leading to reduced launch costs and an accelerated process for low-orbit satellite networking [1]