AECC AP(SH:600893) Xin Lang Cai Jing·2026-01-19 05:50Core Viewpoint - The stock of Hangfa Power (SH600893) reached its daily limit, closing at 44.63 yuan with a 10.01% increase, driven by strong financial support and strategic alignment with national economic policies [1][2]. Group 1: Company Performance - Hangfa Power's market capitalization is 118.965 billion yuan, with a circulating market value of 118.945 billion yuan, and a total trading volume of 2.522 billion yuan as of the report [1]. - The company has established a comprehensive management system for related party transactions, enhancing market confidence in its internal governance [2]. - Hangfa Power has secured a total credit line of 23 billion yuan, providing 67.7 billion yuan in financing support for its subsidiaries, which strengthens its business development [2]. Group 2: Industry Context - The company's main business revolves around aircraft engines and related products, with revenue from this segment accounting for 91.55% of total income, positioning it well within the industry [2]. - The establishment of Hangfa General Aviation Power Technology Company aligns with the national low-altitude economy development strategy, indicating potential future benefits from market opportunities in this sector [2]. - The aerospace sector has recently shown active performance, with multiple aviation-related stocks experiencing gains, contributing to a sector-wide momentum that positively impacts Hangfa Power [2]. Group 3: Technical Analysis - The MACD indicator for Hangfa Power has recently formed a bullish crossover, indicating a breakout above short-term resistance levels [2]. - Significant net buying from large orders has been observed from January 18 to 19, indicating a notable inflow of institutional funds that contributed to the stock's limit-up performance [2].