国科军工：公司与商业航天企业合作推进运载火箭项目尚处于研发阶段，尚未产生定型产品

Core Viewpoint - The stock of Guokexun Industrial experienced an abnormal price fluctuation, with a cumulative increase of over 30% during three consecutive trading days from January 8 to January 12, 2026, indicating potential irrational market speculation [1] Company Overview - Guokexun Industrial specializes in the research, development, production, and sales of solid rocket engine power and control products, as well as ammunition equipment [1] - The company is currently collaborating with commercial aerospace enterprises to advance a launch vehicle project, which is still in the research and development phase and has not yet produced a finalized product [1] Financial Impact - The revenue contribution from the launch vehicle project to the company's main business is minimal, accounting for less than 1% of total revenue [1] Market Sentiment - The recent surge in stock price may be influenced by overheated market sentiment and risks of irrational speculation, as the secondary market trading and valuation are affected by various factors [1]