国防军工热度居高不下！12月12日，商业航天、可控核聚变、超导等多题材联袂带动，高人气国防军工 ETF（512810）收盘价再创逾1个月新高，相关成份股表现尤为亮眼，西部材料6天4板再创新高，应流 股份、航天发展亦创历史新高，四川九洲尾盘封板。 | 序号 | 什么样 | 名称 | 估算权重 | 现价 | 涨跌幅 ▼ | 成交额 | | --- | --- | --- | --- | --- | --- | --- | | 1 | 002149 | 西部材料 | 0.56% | 28.93 | 10.00% | 45.43 Z | | 2 | 000801 | 四川九洲 | 0.69% | 17.85 | 9.98% | 22.58亿 | | 3 | 688122 | 西部超导 | 2.00% | 75.51 | 7.18% | 32.95亿 | | 4 | 600363 | 联创光电 | 1.59% | 60.06 | 7.06% | 13.44亿 | | ਦੇ | 688375 | 国博电子 | 0.00% | 76.80 | 6.09% | 11.74亿 | | 6 | 603308 | 应流股份 | 1 ...

Core Viewpoint - The defense and military industry is experiencing a significant surge, driven by themes such as commercial aerospace, controllable nuclear fusion, and superconductivity, leading to a new high for the popular defense military ETF (512810) [1][7]. Group 1: ETF Performance - The defense military ETF (512810) closed at a new high, marking a 2.59% increase over the week, significantly outperforming the Shanghai Composite Index (-0.34%) and the CSI 300 Index (-0.08%) [2][8]. - The ETF has achieved three consecutive weeks of gains, with a total trading volume of 409 million yuan for the week, indicating a substantial increase in trading activity compared to the previous week [2][8]. Group 2: Stock Performance - Notable stocks within the ETF include: - Western Materials (002149) with a 10.00% increase, closing at 28.93 yuan and a trading volume of 454.3 million yuan [2][8]. - Sichuan Jiuzhou (000801) rose by 9.98%, closing at 17.85 yuan with a trading volume of 2.258 billion yuan [2][8]. - Aerospace Development (000547) increased by 5.23%, closing at 21.31 yuan with a trading volume of 10.752 billion yuan [2][8]. Group 3: Industry Trends - The defense and military sector is witnessing a rebound from previous lows, primarily driven by the accelerated development of new domains and technologies, including commercial aerospace and future energy [4][10]. - The industry is evolving from a reliance on domestic demand to a new development model characterized by three driving forces: domestic demand foundation, foreign trade expansion, and civilian-military integration [4][10]. - Analysts predict that the military industry will stabilize and improve, with a potential resurgence in demand expected in 2025, coinciding with the start of the new five-year plan in 2026 [4][10]. Group 4: Investment Opportunities - The defense military ETF (512810) serves as an efficient investment tool, covering various hot themes such as commercial aerospace, controllable nuclear fusion, and military AI, making it a one-click investment option for core assets in the defense sector [5][11].

证券代码：000768 证券简称：中航西飞 三、请问 2025 年度国际转包业务的增长情况？ 目前公司国际转包业务运营稳中有进，以与空客公司合作为 例，公司把握空客天津第二条总装线投产契机，紧盯空客总装线速 率爬坡计划，扩大与空客现有项目合作规模，积极争取 A320 系列 项目合作增量。深入发挥公司作为空客一级供应商的管理效能，全 面开展全价值链产能准备工作，从人员、工装、设备等多方面、多 维度识别上速率瓶颈，确保速率提升稳步实现。 中航西安飞机工业集团股份有限公司 投资者关系活动记录表 编号：2025-012 | 投资者关系 | 特定对象调研 分析师会议 | | --- | --- | | | □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（请文字说明其他活动内容） 长江证券、易方达基金、国投瑞银基金、交银施罗德基金、华安基 | | | 金、鹏扬基金、华泰资产、百年资管、太平养老、人保资产。 | | 活动参与人员 | 上市公司参与人员： | | | 董事长韩小军、董事会秘书左锋、证券事务代表龚亮、财务管理部 | | | 副书记苏博、证券与资本管理 ...

Core Viewpoint - The horse racing concept sector has experienced a decline of 2.93%, ranking among the top declines in concept sectors, with notable stocks such as *ST Zhengping hitting the daily limit down, and Xinhua Du, Hainan Rubber, and Zhujiang Piano also showing significant declines [1] Group 1: Sector Performance - The horse racing concept sector saw a net outflow of 163 million yuan from main funds today, with six stocks experiencing net outflows [2] - The top stock with net outflow is Xinhua Du, which had a net outflow of 105 million yuan, followed by Hainan Rubber, Zhongti Industry, and Zhongmu Shares with net outflows of 30.51 million yuan, 17.94 million yuan, and 3.37 million yuan respectively [2] Group 2: Individual Stock Performance - Xinhua Du's stock price decreased by 4.85% with a turnover rate of 16.72% and a main fund outflow of 104.65 million yuan [2] - Hainan Rubber's stock price fell by 2.76% with a turnover rate of 1.85% and a main fund outflow of 30.51 million yuan [2] - Zhongti Industry's stock price decreased by 1.37% with a turnover rate of 2.39% and a main fund outflow of 17.94 million yuan [2] - Zhongmu Shares' stock price declined by 1.39% with a turnover rate of 2.37% and a main fund outflow of 3.37 million yuan [2] - Zhujiang Piano's stock price fell by 2.27% with a turnover rate of 1.04% and a main fund outflow of 3.32 million yuan [2] - *ST Zhengping's stock price decreased by 4.96% with a turnover rate of 0.13% and a main fund outflow of 3.00 million yuan [2]

Market Overview - The A-share market indices all closed higher today, with the Shanghai Composite Index rising by 0.41% to close at 3889.35 points, the Shenzhen Component Index increasing by 0.84% to 13258.33 points, the Sci-Tech 50 Index up by 1.74% to 1348.88 points, and the ChiNext Index gaining 0.97% to 3194.36 points [1][14] - The total trading volume in the Shanghai and Shenzhen markets reached 20,922 billion yuan, an increase of 2,351 billion yuan compared to the previous trading day [1] Industry Performance - Most of the Shenwan first-level industries saw gains today, with notable increases in non-ferrous metals (1.50%), electronics (1.46%), power equipment (1.42%), machinery (1.21%), telecommunications (1.19%), and national defense and military industry (1.14%) [1][14] - Conversely, the retail trade, comprehensive, and building materials sectors experienced declines, with decreases of 1.28%, 1.18%, and 0.47% respectively [1][14] Concept Sector Performance - The concept sectors that performed well today included nuclear fusion, nuclear power, industrial gases, superconductors, ultra-high voltage, optical modules (CPO), optical chips, virtual power plants, photolithography factories, photovoltaic inverters, commercial aerospace, large aircraft, solar thermal power generation, photolithography machines, and charging piles [2][11]

| | | 900 6-1 15 5分 15分 30分 60分 日 間 月 * | | | | | | 19 盘前盘后 QD 九代 面线 工程 @ (1) > | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 0.60 | | | | 159231[通用邮空ETF华室] 10:41 价 0.601 源跌 0.011(1.86%) 均价 0.596 成交量 0 | | | | | 2025/12/12 | D | | 0.601 +0.011 +1.86% | | | | | | None | | | | | | | | | SZSE CNY 10:41:03 交易中 查看L2全覆 | | | 0.596 | | | | | | | | | | 0.95% | 净值进势 | | 华宝国还属川航空产业ETF | | | | 1 - 1 - 1 - 1 - | | | | | | | | | 灵比 | -2.90% 委发 | -2225 | | 0.590 | | | ...

高人气国防军工ETF（512810）盘初一度涨超1%，价格再创近一个月新高！持仓商业航天概念股领 涨，中国卫星涨超4%再创10年新高，湘电股份、光启技术、华秦科技等跟涨。 消息面，商业航天加速"出海"，此前宣布IPO辅导的中科宇航旗下力箭一号精准送三颗国际用户卫星入 轨。昨日，我国成功发射阿联酋813卫星等9颗卫星。 海外方面，美国太空探索技术公司SpaceX正推进首次公开募股计划，拟募资远超300亿美元。该公司目 标整体估值约1.5万亿美元，并计划最快于2026年中后期上市。 责任编辑：杨赐 12月11日早盘，商业航天概念再度走强，带动国防军工板块逆市飘红，成为全市场唯三上涨行业。 | 代码 | 名称 | 现价 | 涨跌幅 ▼ | 主力净流入额 | | --- | --- | --- | --- | --- | | 801730 | 电力设备(申万) | 10084.20 | 0.98% | 82.66 Z | | 801740 | 国防军工(申万) | 1776.64 | 0.37% | 12.33 Z | | 801050 | 有色金属(中万) | 7704.12 | 0.20% | 16.99 7 | ...

Core Viewpoint - The aerospace sector is experiencing significant growth, with notable stock increases in companies such as Guanglian Aviation and China Satellite, alongside the performance of the Universal Aviation ETF Huabao, which is focused on low-altitude economy, large aircraft, military-civil integration, and commercial aerospace [1][3]. Group 1: Stock Performance - Guanglian Aviation's stock rose over 7%, while China Satellite increased by more than 6%, and Haige Communication and Western Superconducting both saw gains exceeding 4% [1][3]. - The Universal Aviation ETF Huabao (159231) saw a price increase of 1.02%, maintaining a position above all moving averages [1][3]. Group 2: New Developments in Drone Technology - The "Jiutian" drone successfully completed its maiden flight in Pucheng, Shaanxi, showcasing significant advancements in China's large UAV technology [6]. - This drone features a maximum takeoff weight of 16 tons and a payload capacity of 6,000 kg, with an impressive range of 7,000 km and a flight duration of 12 hours, distinguishing it from competitors [6]. Group 3: ETF Composition and Strategy - The Universal Aviation ETF Huabao and its associated funds cover an index that includes 50 constituent stocks, with over 46% from state-owned enterprises and more than 20% from the top ten military industrial groups [3][6]. - The ETF focuses on key areas such as low-altitude economy, large aircraft, military aircraft, commercial aerospace, satellite navigation, and drones, positioning itself as a strategic tool for investing in China's aviation industry amid domestic demand and military trade [3][6].

截至2025年12月10日 收盘，航空航天ETF天弘(159241)换手18.28%位居同类产品第一，成交9351.83万元，市场交投活跃。跟踪 的国证航天航空行业指数(CN5082)上涨0.64%，成分股国科军工(688543)上涨3.98%，中国卫星(600118)上涨3.02%，航宇科技 (688239)上涨2.84%，盟升电子(688311)上涨2.63%，广联航空(300900)上涨2.58%。 值得一提的是，航空航天ETF天弘(159241)获资金积极布局，全天净申购400万份。 | | 航空航天ETF天弘 159241 | ਕੋ | | --- | --- | --- | | | | * Q F | | 实时申购赎回信息 | 申购 | 赎回 | | 筆数 | 9 | 5 | | 金额 | O | O | | 份额 | 900万 | 500万 | 截至12月10日，航空航天ETF天弘(159241)近半年规模增长3.60亿元，近半年份额增长2.76亿份，实现显著增长。 【产品亮点】 航空航天ETF天弘(159241)紧密跟踪国证航天航空行业指数，该指数覆盖航空装备、航天装备、军工电子等细分领域，涉 ...

Core Viewpoint - The commercial aerospace sector is experiencing a resurgence, driving the defense and military industry to rise against market trends, with the popular defense military ETF (512810) closing up 0.85%, reaching a near one-month high, indicating a potential upward trend [1][4]. Group 1: Market Performance - The defense military ETF (512810) has shown strong performance, closing at a price that is above all moving averages, suggesting an initial establishment of an upward trend [1][4]. - Notable stocks in the commercial aerospace sector, such as Xibu Materials, have achieved historical highs, with a performance of 3 consecutive days of gains, while companies like Feili Hua and Zhongke Xingtu have surged by 7% [1][4]. Group 2: Industry Developments - The frequency of satellite launches in China is increasing, with the successful launch of the UAE 813 satellite among nine others, and the private rocket technology is making significant breakthroughs, exemplified by the successful maiden flight of the Zhuque-3 rocket [3][7]. - The establishment of the Commercial Aerospace Department by the National Space Administration and the release of the "Action Plan for Promoting High-Quality and Safe Development of Commercial Aerospace (2025-2027)" marks a shift towards institutional and systematic development in China's commercial aerospace sector [3][7]. Group 3: Global Trends - SpaceX is advancing its initial public offering plan, aiming to raise over $30 billion, with an overall valuation target of approximately $1.5 trillion, planning to go public by mid-2026 [3][7]. - The accelerated development of commercial aerospace is expected to significantly broaden the boundaries of the defense and military industry, while also promoting collaboration with sectors like low-altitude economy and large aircraft [3][7]. Group 4: Strategic Insights - The overall strategy for the defense and military sector emphasizes three main lines: domestic demand, exports, and reforms. Key areas include commercial aerospace, large aircraft, low-altitude economy, and controllable nuclear fusion [3][8]. - Export opportunities are highlighted as crucial for military enterprises to unlock performance ceilings, especially in light of changing geopolitical dynamics affecting global supply and demand [3][8].