GATD(SH:688239) Ge Long Hui A P P·2026-02-11 09:18Core Viewpoint - The company has maintained a strong growth momentum in its aerospace engine components business, with significant overseas clients and a positive outlook for the future [1] Company Overview - The company's main overseas clients include major international commercial aircraft engine manufacturers such as GE Aviation, Pratt & Whitney (P&W), Safran, and Rolls-Royce (RR) [1] Industry Outlook - The global aviation industry is expected to continue its growth, with Airbus delivering a total of 793 commercial aircraft in 2025 and achieving a record backlog of 8,754 orders by the end of 2025, including 1,124 wide-body aircraft [1] - Boeing is projected to deliver 600 commercial aircraft in the same year, with a backlog of 6,720 orders [1] - Both companies indicate that the demand for new aircraft globally will exceed 42,000 units over the next 20 years, suggesting that the international civil aviation manufacturing supply chain will benefit from this growth trend [1]