Group 1 - JunDa Co., Ltd. announced a placement agreement on January 21, 2026, to sell up to 18.682 million shares at a price of HKD 22.00 per share, representing a discount of approximately 1.08% compared to the closing price of HKD 22.24 on the same day [3] - If fully placed, the shares would account for about 22.75% of the enlarged issued H-shares and approximately 6.04% of the existing issued shares [3] - The estimated total proceeds from the placement are approximately HKD 411 million, with a net amount expected to be around HKD 398 million after deducting expenses [3] Group 2 - The net proceeds from the placement are intended to be used as follows: approximately 45% for research and production of space photovoltaic battery-related products, 45% for equity investments and collaborations in the commercial aerospace sector, and 10% to supplement the company's working capital [3] - The Hong Kong stock market saw a surge in commercial aerospace stocks, with increases of nearly 10%, 4%, and 3% for various companies [4] - JunDa Co., Ltd. shares rose by 14.66% to HKD 25.50, with a trading volume of HKD 193 million [5] Group 3 - Elon Musk is actively advancing SpaceX's IPO plan, aiming for completion by July this year, with a valuation of USD 800 billion from a secondary market share sale last December [6] - The commercial aerospace industry is entering a golden era driven by both demand and supply, with rapid development in private rocket companies and a shift from national to commercial aerospace [6] - Focus areas include satellite manufacturing and supply chain components, particularly in low Earth orbit satellite production and infrastructure development [6]