Sou Hu Cai Jing·2026-01-12 02:16Group 1: ETF Performance - The military ETF Huabao (512810) has seen its market price rise over 3.5%, reaching a new high since its listing [1] - In the previous trading day, over 30 million yuan was invested in the military ETF Huabao, indicating a strong positive capital flow [1] Group 2: Commercial Aerospace Developments - The International Telecommunication Union has announced that China has submitted a large-scale satellite network application, planning to add 203,000 satellites to form 14 satellite constellations, marking a record in domestic satellite network construction [2] - This application is likely related to China's strategic layout for low-orbit internet constellations, aligning with recent policy support for the satellite internet industry [2] Group 3: Industry Outlook - Zhongtai Securities indicates that the commercial aerospace sector is entering a high prosperity cycle, with expectations of a global explosion in the commercial aerospace industry over the next two years [3] - The establishment of a Commercial Aerospace Department by the National Space Administration and the release of a development action plan for 2025-2027 aim to enhance the industry's growth and governance capabilities [3] Group 4: Investment Opportunities - The military ETF Huabao (512810) covers 24 commercial aerospace concept stocks, with a combined weight exceeding 32%, making it an efficient investment tool for gaining exposure to core military assets [4] - The ETF also includes themes such as deep-sea technology, military AI, low-altitude economy, and large aircraft, providing diversified investment opportunities [4]