商业航天概念助推九丰能源股价翻倍，传统主业却承压

Group 1 - The core viewpoint of the article highlights a dual operation in the capital market by Jiufeng Energy, where the company is repurchasing shares worth over 200 million yuan to demonstrate confidence, while significant shareholders from the same controlling entity plan to reduce their holdings by up to 2.45% [1][2] Group 2 - On January 6, 2026, Jiufeng Energy announced that it received a notice from major shareholders regarding a share reduction plan, with a total reduction of up to 17.2582 million shares, accounting for 2.45% of the total share capital, set to begin on January 29, 2026 [1] - The company's stock price fell by 3.62% on January 7, 2026, amidst the announcement of the share reduction plan [1] - Jiufeng Energy is concurrently executing a share repurchase plan initiated on April 18, 2025, with a target to repurchase between 200 million to 300 million yuan worth of shares by May 8, 2026, and has already repurchased shares worth 234 million yuan, representing 1.09% of the total shares by December 31, 2025 [1] Group 3 - Despite the positive impact of the share repurchase, Jiufeng Energy's stock performance is also significantly influenced by the hype surrounding the commercial aerospace concept, although the company's performance has been declining [2] - For the first nine months of 2025, Jiufeng Energy reported operating revenue of 15.608 billion yuan, a year-on-year decrease of 8.45%, and a net profit attributable to shareholders of 1.241 billion yuan, down 19.13% year-on-year [2]