北交所策略周报：北证2026开门红，关注太空光伏和AI应用主题-20260111

Group 1 - The report highlights a strong start for the North Exchange in 2026, with the North Exchange 50 index rising by 5.82% and daily trading volume increasing by 34.58% [9][14][25] - Key sectors showing significant growth include aerospace, TMT (Technology, Media, and Telecommunications), and pharmaceuticals, with notable performances from companies in the rocket and satellite industry and the space photovoltaic sector [9][10] - The report emphasizes the importance of thematic investments, particularly in the spring season, focusing on the "15th Five-Year Plan" and future industries within the North Exchange [9][10] Group 2 - The North Exchange saw 261 stocks rise and 26 fall, resulting in a rise-to-fall ratio of 10.04, with top performers including BeiYikang and ZhongCheng Technology [34] - The average PE (TTM) for the North Exchange is reported at 86.55 times, with a median of 42.05 times, indicating a favorable valuation compared to other exchanges [22][24] - The report notes that the North Exchange's financing balance increased to 8.383 billion yuan, reflecting a positive trend in market liquidity [26][14] Group 3 - The report outlines upcoming IPOs and approvals, including the subscription of Kema Materials and the upcoming subscription of Aisheren, along with three companies scheduled for review [27][31] - The new three-board market saw five new listings and five delistings, with planned financing of 221 million yuan and completed financing of 83 million yuan [47][49] - The report identifies key companies to watch in the space photovoltaic and AI application sectors, including Liancheng CNC and Optech, as well as others involved in humanoid robotics and advanced packaging [10][10]