Core Viewpoint - Guanglian Aviation held a roadshow on June 25, with participation from over 10 institutions, highlighting its role as a supplier for major aircraft projects and its comprehensive industrial layout in the aerospace sector [1] Group 1: Company Overview - Guanglian Aviation is involved in multiple large aircraft development projects, serving as a supplier for C919 components and assembly lines for C929, as well as designing and manufacturing the AG600 assembly line [1] - The company has established a three-dimensional industrial layout system relying on military industrial groups and research institutes, with production bases in various locations to integrate into regional aviation industry ecosystems [1] Group 2: Business Strategy - The company has achieved a full-chain business layout, creating a business loop that vertically constructs the aviation manufacturing industry chain and horizontally expands into multiple fields, enhancing the advantages of industrial chain linkage [1] - Guanglian Aviation provides research and development support to major manufacturers, with some products available for export, and has already delivered the WJ-700 drone structure in bulk [1] Group 3: Market Opportunities - The company is participating in the development of aerospace products and aims to expand its market share through potential overseas orders [1] - In recent years, the aviation tooling business has seen significant growth due to increased demand and enhanced industrial support capabilities post-listing [1] Group 4: Future Outlook - To leverage its core business capabilities, Guanglian Aviation has secured preliminary R&D tasks to strengthen customer loyalty and reserve future market share, anticipating rapid growth in parts business following tooling R&D completion [1] - The company plans to increase R&D investment to explore the low-altitude segment and develop new growth areas, responding to the demand for flying vehicles in low-altitude airspace [1]

Core Insights - The article highlights the advancements in China's commercial aerospace sector, particularly focusing on Galaxy Aerospace's innovations in satellite technology, including the first satellite using flexible solar wings and the development of a low-orbit broadband satellite network [2][4]. Group 1: Satellite Technology Innovations - Galaxy Aerospace's Lingxi 03 satellite is the first in China to utilize flexible solar wings, which are lightweight and modular, allowing for greater solar energy absorption and easier deployment during launches [2]. - The flexible solar wings can be folded to fit within a rocket, with a thickness of about 1 millimeter and an expanded length of approximately 9 meters when operational [2]. Group 2: Manufacturing and Production Efficiency - The cost of launching a satellite has significantly decreased from over 1 billion yuan to the million-yuan level, enabling mass production akin to automotive manufacturing [3]. - Galaxy Aerospace's production line integrates human-machine collaboration and advanced technologies, allowing for the annual production of 100 to 150 medium-sized satellites and reducing the manufacturing cycle by 80% [3]. Group 3: Supply Chain Development - Since its inception, Galaxy Aerospace has expanded its supply chain from over 100 partners in 2018 to more than 1,300, with a significant portion being private enterprises [3]. Group 4: Achievements and Future Plans - Galaxy Aerospace has achieved several milestones, including the first domestic flexible solar wing satellite, the first mass production of low-orbit broadband communication satellites, and the establishment of a low-orbit broadband communication test network [4]. - The company is currently accelerating the development of satellite technology that enables direct mobile connectivity, aiming to provide satellite internet access in remote areas [5]. - Beijing's commercial aerospace sector is rapidly growing, with over 300 high-tech enterprises and plans to enhance capabilities in reusable rocket technology and expand global market reach by 2026 [5].

Core Viewpoint - The exhibition of China's lunar samples at the United Nations highlights China's achievements in space exploration and its commitment to international cooperation in the peaceful use of outer space [1][2]. Group 1: Exhibition and Achievements - The "20 Years of China's Lunar Exploration" exhibition showcased samples from the Chang'e 5 and Chang'e 6 missions, including both the lunar front and back samples [1]. - The lunar soil samples symbolize the spirit of exploration and cooperation, emphasizing China's principles of equality, mutual benefit, and inclusive development [1]. Group 2: International Cooperation - Representatives from various countries expressed admiration for China's lunar exploration achievements, viewing them as a source of pride for all humanity [2]. - There is a strong interest from international representatives to participate in China's space cooperation projects, aiming to utilize the UN platform for collective exploration of the universe [2].

Group 1 - Nanjing government has approved the "Nanjing Embodied Intelligent Robot Industry Development Action Plan (2025-2027)" to enhance the industry scale and innovation system [1][4] - The plan aims to position Nanjing's embodied intelligent robot industry among the top in the country by 2027, with a core industry scale exceeding 10 billion yuan and the cultivation of 5 mass production enterprises [4] - The meeting emphasized the integration of resources to promote the cultivation of quality enterprises, key project attraction, and the transformation of scientific and technological achievements [1][2] Group 2 - Nanjing is focusing on the industrial robot sector as a key area for breakthrough, with major domestic brands like Estun and Huichuan Technology establishing a strong presence in the city [2] - Estun aims to create a 10 billion yuan industrial ecosystem by 2030, leveraging its position as a "chain master" to attract upstream and downstream enterprises [2] - Nanjing has developed a comprehensive industrial chain for robots, with nearly 200 enterprises in the upstream and downstream sectors [2] Group 3 - The city is also enhancing its software industry to support robot development, with recent activities aimed at deepening the application of industrial software in various stages of robot design and management [2] - The action plan includes the establishment of two characteristic industrial clusters and the construction of innovation platforms and alliances [4] - Nanjing is determined not to miss out on emerging industries, reflecting a competitive spirit in the face of urban development challenges [1]

Core Insights - The event focused on promoting the transformation of aerospace technology into practical applications for low-altitude economy, high-end manufacturing, and commercial aerospace sectors [1][3] Group 1: Event Overview - The "Innovation Transformation Service Station" for the aerospace industry was officially launched in Fengtai Yungang, integrating the technical manager mechanism into the aerospace field [3] - The event showcased various aerospace technology achievements, including high-performance insulation materials based on aerogels, turbojet engines for drones, and small cargo spacecraft services [5] Group 2: Economic Development - The transformation of aerospace technology achievements is seen as a key driver for high-quality regional economic development, with a commitment to optimizing the business environment [7] - A full-cycle service guarantee will be provided for the landing of aerospace technology achievements, aiming to create a comprehensive service system from technology research and development to industrial implementation [7]

证券代码：301005 证券简称：超捷股份 超捷紧固系统(上海)股份有限公司 | | 特定对象调研 分析师会议 | | --- | --- | | 投资者关系 | 媒体采访 业绩说明会 | | 活动类别 | 新闻发布会 路演活动 | | | 现场参观其他 | | 参与单位名称及 | 1、国盛证券 彭元立； | | 人员姓名 | 2、国联基金孙志东； | | | 3、安瑜资产徐俊 | | 时间 | 2025年6月25日下午14:00-15:40 | | 地点 | 公司会议室 | | 上市公司接待人 员姓名 | 1、公司董事会秘书、财务总监 李红涛 | | | 2、公司证券事务代表 刘玉 | | | 1、贵公司收购成都新月的契机？ | | | 公司与子公司成都新月都属于精密制造领域，通过收购成都新 | | | 月，公司产品可以向航空航天领域拓展，增加公司的产品应用范 | | | 围，受益于航空航天制造业的高景气度，将成为公司业绩的重要增 | | | 长点。 | | | 2、目前公司商业航天业务进展情况如何？ | | | 商业航天业务领域广阔，目前业务主要为商业火箭箭体结构件 | | | 制造，包括 ...

Group 1 - The core focus of Shenwan Hongyuan Securities Shandong Branch is to support key areas such as technological innovation, green low-carbon initiatives, and inclusive livelihood to promote high-quality economic development in Shandong [1][4] - The "Yantai Guofeng Shenwan Aerospace Fund" project was recognized as a "typical product of technology finance," being the only brokerage case on the list, with a total fund size of 2 billion yuan and an initial phase of 1 billion yuan [1][2] - The fund aims to invest in high-quality private equity and venture capital projects related to the aerospace industry, having already invested in four high-growth enterprises covering critical areas such as rocket development and satellite payload technology [1][2] Group 2 - The Shenwan Hongyuan Securities Shandong Branch has achieved three major breakthroughs with the Yantai Guofeng Shenwan Aerospace Fund, including capital empowerment, project implementation, and mechanism formation [2] - The company has expanded the issuance scale of bonds in key areas, successfully issuing seven technology innovation and carbon neutrality bonds in 2024, raising 3.5 billion yuan to support enterprise transformation and upgrade [2] - A carbon fiber industry fund is being established in Weihai, with an expected scale of 1 billion yuan over the next three years, aimed at promoting local industrial upgrades [3] Group 3 - The company is actively involved in the construction of the "Dingzi Bay New Energy Innovation Zone" in Yantai, focusing on clean energy, aerospace, and new materials [3] - Shenwan Hongyuan Securities has signed a cooperation agreement with a well-known aerospace company to assist in the development and industrialization of heavy liquid rocket core systems, aiming to facilitate financing of no less than 200 million yuan over the next three years [3]

Group 1 - The "hard technology" industries, represented by low-altitude economy, commercial aerospace, and embodied intelligence, are rapidly emerging, attracting significant attention from students and parents regarding relevant majors and job opportunities [1][2] - The demand for high-level talent in these new industries is significantly increasing, with job recruitment growth rates in fields such as low-altitude economy, embodied intelligence, and smart manufacturing exceeding 30% year-on-year for positions like drone engineers and algorithm engineers [1][2] Group 2 - The low-altitude economy can be divided into upstream, midstream, and downstream sectors, each requiring different skill sets and educational backgrounds, with a focus on both technical and business-oriented talent [2][3] - The Ministry of Education has introduced new undergraduate programs, including Low Altitude Technology and Engineering, to meet the growing demand for skilled professionals in these emerging fields [2] Group 3 - In the commercial aerospace sector, companies have stringent hiring standards, often requiring master's degrees and favoring graduates from specific institutions known for their strength in aerospace and military engineering [3][4] - The commercial aerospace industry is projected to see over 110,000 new companies by 2024, with satellite design and manufacturing engineers earning an average annual salary of 287,000 yuan, and chief engineers in liquid rocket engines earning a median salary of 820,000 yuan [4][7] Group 4 - Different roles within the aerospace sector have varying preferences for educational backgrounds, with specific majors being favored for roles in rocket design, satellite navigation, and manufacturing processes [7][8] - Practical experience and comprehensive skills are emphasized as critical for success in the hard technology fields, with recommendations for students to engage in hands-on projects during their studies [7][8]

Industry Dynamics - The humanoid robot sector is experiencing significant developments, with various companies announcing new projects and partnerships, including Midea's successful deployment of its self-developed humanoid robot in factories and the release of the Star Motion Q5 intelligent robot [1] - The 3D printing equipment production in May saw a year-on-year increase of 40% [1] Government News - The China Securities Regulatory Commission (CSRC) announced support for companies in cutting-edge technology sectors to apply the fifth set of listing standards on the Sci-Tech Innovation Board [2] - Several strategic partnerships were formed in the humanoid robot sector, including Demar Technology's agreement with Zhiyuan Robotics and Qinan Co.'s investment in Moxian Technology [2] Key Focus Stocks - The week highlights key stocks such as Longxi Co., Jindi Co., Yirui Technology, Yingliu Co., and Dingyang Technology [3] Investment Insights 1. Humanoid Robots: Focus on value and positioning, emphasizing suppliers with strong capabilities and identifying incremental opportunities in the market, particularly in components like joint modules, dexterous hands, reducers, and motors [4] 2. AI Infrastructure: Continued growth in capital expenditure for data centers driven by AI demand, with key beneficiaries including Hanzhong Precision, Ice Wheel Environment, and Yingliu Co. [4] 3. Low-altitude Economy: Rapid advancements in the low-altitude economy, with a focus on core components such as engines and motors, highlighting companies like Yingliu Co. and Zongshen Power [5] 4. 3D Printing: As an additive manufacturing technology, 3D printing is expected to open market opportunities across various sectors, with key players including Bolite and Huazhou High-Tech [5] 5. Nuclear Fusion: Progress in nuclear fusion energy is seen as a long-term direction for energy transformation, with companies like Yingliu Co. and Jiangsu Shentong being highlighted [5]

据中国载人航天工程办公室消息，根据计划安排，神舟二十号航天员乘组将于近日择机实施第二次出舱 活动。自北京时间2025年5月22日圆满完成第一次出舱活动以来，神舟二十号航天员乘组先后完成了站 内环境监测与设备检查维护、物资清点整理与转移等工作，承担的空间生命科学与人体研究、微重力物 理和空间新技术等领域实（试）验任务稳步推进。目前，空间站组合体运行稳定，神舟二十号航天员乘 组在轨工作已满两个月，身心状态良好，已做好出舱活动各项准备工作。 （央视新闻） 跟踪中国航天动态 +订阅 神舟二十号航天员乘组将于近日择机实施第二次出舱活动 ...