商业航天板块整体回调，关注航空航天ETF（563380）、通用航空ETF（563320）布局机遇

Group 1 - The commercial aerospace sector experienced an overall pullback in early trading, but showed signs of recovery supported by policies and industry developments [1] - The "14th Five-Year Plan" has elevated "building a strong aerospace nation" as a national priority, with the establishment of a Commercial Aerospace Department by the National Space Administration marking a new phase for the sector [1] - Recent applications for commercial aerospace frequency resources have surged, indicating strong market interest in satellite internet and other future opportunities, which may provide long-term momentum for the industry [1] Group 2 - The Aerospace ETF (563380), the first ETF tracking the CSI Aerospace Index, has seen significant capital inflow, accumulating 298 million yuan over four trading days, with a record single-day inflow of 247 million yuan [1] - As of January 12, 2026, the Aerospace ETF's total assets have surpassed 530 million yuan, reflecting a 212% increase since the beginning of the year [1] - The General Aviation ETF (563320) has also gained popularity, reversing from net outflows to net inflows, accumulating 13 million yuan in recent days, exceeding the total inflow for the entire year of 2025 [2] Group 3 - Guohai Securities anticipates accelerated development in new fields such as commercial aerospace, high-end unmanned systems, and advanced materials, supported by national policy [2] - The management company of both ETFs, Huatai-PB Fund, is one of the first ETF managers in China, with its flagship product, the Huatai-PB CSI 300 ETF, having a scale of 438.48 billion yuan as of January 9, 2026 [2] - The Huatai-PB CSI 300 ETF is the only underlying asset for the Shanghai Stock Exchange's CSI 300 ETF options and is set to distribute a cash dividend of 1.23 yuan per 10 fund shares, totaling nearly 11 billion yuan, potentially setting a record for single dividend payouts in domestic ETFs [2]