商业航天，利好！

Key Points - China's commercial aerospace sector is set to enter a phase of high-frequency launches following the successful test of a reusable spacecraft on February 7, 2026, using the Long March 2F rocket [2][11] - The Shanghai Municipal Economic and Information Commission aims to create a trillion-level industry by focusing on new sectors such as smart terminals, commercial aerospace, and low-altitude economy during the 14th Five-Year Plan period [3][10] - The People's Bank of China has increased its gold reserves for the 15th consecutive month, with reserves reaching 74.19 million ounces by the end of January 2026 [3] - A new national standard for prepared dishes has been proposed, prohibiting the use of preservatives and limiting shelf life to one year [4] - The China Securities Regulatory Commission has issued guidelines for the issuance of asset-backed securities tokens overseas, emphasizing compliance with cross-border investment and data security regulations [7] - The Shanghai Gold Exchange has adjusted margin levels and price limits for several gold and silver contracts, reflecting changes in market conditions [8] - The recent penalties imposed on Kuaishou Technology for failing to manage content effectively highlight the increasing regulatory scrutiny on internet platforms [12] - Ruihua Jewelry has faced significant financial difficulties, leading to the freezing of its bank accounts and a change in its stock designation to "ST Ruihua" due to liquidity issues [13] - Guotou Ruijin Fund has established a working group to address investor concerns following valuation adjustments in its silver LOF fund [14] - Rongbai Technology is facing a potential fine of 4.5 million yuan for misleading statements regarding a major contract with CATL [15] - Tian Sheng New Materials and Yahui Long have both been investigated by the CSRC for suspected violations of information disclosure regulations [16][17] - This week, there is one new stock subscription and a total of 31 companies will have their restricted shares released, amounting to a total market value of 36.29 billion yuan [18]